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Dogecoinanalysis

DOGE Daily TA Neutral BullishDOGEUSD daily guidance is neutral with a bullish bias. Recommended ratio: 55% DOGE, 45% CASH. * GOLDEN CROSS WATCH . Cryptos experienced the Sunday Scaries today off of rumors that Alameda Research may not be as solvent as expected and Binance CEO CZ announcing that he plans to liquidate Binance's FTT holdings over the coming weeks . Chinese health officials clarified that they aren't easing their Covid-Zero policies amidst a 6-month high in new infections . Crypto, DXY, HSI and NI225 are up while US Long-Term Treasuries, CNYUSD, JPYUSD, GBPUSD, EURUSD and Equity Futures are down. With Republicans looking set to take both the House and Senate on Tuesday (11/08), all eyes will be on CPI reporting this Thursday (11/10). Key Upcoming Dates: Third GDPNow US Q4 GDP Estimate 11/09; US October CPI at 830am EST 11/10; UofM November Consumer Sentiment Survey at 10am EST 11/11; Russia/Ukraine Grain Deal Expiration on 11/19; 2nd Estimate of US Q3 GDP at 830am (EST) 11/30; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14 .* Price is currently retesting $0.11 minor support after retreating from a quick test of $0.16 resistance. Volume has favored sellers for the past two sessions and has been shrinking for the past six consecutive sessions, this is indicative of an impending breakout or breakdown. Parabolic SAR flips bullish at $0.156, this margin is bullish at the moment. RSI is currently trending up slightly at 64 after bouncing off of 63, just above the uptrend line from December 2021, the next resistance is at $0.162. Stochastic remains bearish and is currently trending down at 32 as it approaches 29 support. MACD remains bullish and is currently trending down at 0.0163, if it falls below 0.015 it would be a bearish crossover. ADX is currently beginning to form a soft peak at 53 as Price is attempting to push higher, this is still bullish at the moment; however, a reversal to the downside in ADX accompanied by Price appreciation would be bearish. If Price is able to defend $0.11 minor support then it will likely retest $0.14 as resistance before attempting to formally test $0.16 resistance . However, if Price breaks down below $0.11 minor support, it will likely test $0.0815 support . Mental Stop Loss: (two consecutive closes below) $0.11.
BITTREX:DOGEUSD
by dailytaguy
DOGE/USDT - LONG ----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero. - Today's deal is shown in the chart, and here are the entry and exit points below. -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. -- ------------------------------------------------------- ⚡️⚡️ #DOGE/USDT ⚡️⚡️ Client: My-Binance Futures Trade Type: Breakout (Long) Leverage: Cross (1X) Entry Targets: 1) 0.13009 - 100.0% Take-Profit Targets: 1) 0.13566 - 14.285% 2) 0.14207 - 14.285% 3) 0.14755 - 14.285% 4) 0.14950 - 14.285% 5) 0.15303 - 14.285% 6) 0.15638 - 14.285% 7) 0.15879 - 14.285% Trailing Configuration: Entry: Percentage (0.5%) Take-Profit: Percentage (0.75%) Stop: Breakeven - Trigger: Percent (6.0%)
Long
by Mahdicryptodotma-pro
Dogecoin Analyze (Short term, Timeframe 4H, 11/01/2022)!!!🐶After the purchase of Twitter by Elon Musk, we saw an increase in the price of Dogecoin. It seems that the growth of Dogecoin has reached an important resistance zone, and the bearish reversal candlestick pattern also confirms my words = 🌟Shooting Star Pattern🌟. Also, we can see a Regular Divergence (RD-) between the Price and RSI indicator.👇 I expect Dogecoin will go down at least until the support zone. Dogecoin Analyze (DOGEUSDT) Timeframe 4h⏰ (Log Scale) Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
9
$DOGEUSDT Supernova 💫❤️🕊️What Is Dogecoin? Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
Long
by BADQOMOCAWGOWLD
2
WILL YOU 'DOGE' THIS???Hello traders, here's a quick update on the DOGE coin. Dogecoin did exceptionally well in the last 3 days. A 165% rally from the rock bottom of $0.06 all the way to $0.16 is simply great. It is too early to call it a 'rising wedge' pattern but a massive rally like this in no time is no joke. Although the rising wedge pattern technically tends to be bearish, we cannot assure anything on dogecoin because of Mr. Elon Musk. He literally owns dogecoin and can do anything with the power he holds. From the technical term, if Doge breaks and closes below the support line, we may see some bearish move but if it bounces back and breaks above the resistance trendline then we may witness some more bullish rally. I hope this update is helpful to you. Trade safely.
by Dexter_The_Trader
1
DOGECOIN Doge price broke downtrend line, what will happen next?Here is the chart of the DOGEUSDT trading pair for the last 2 years. The downtrend of DOGEUSD price has been going on for 17 months and speculative interest in this manipulative coin has most likely disappeared for many. But on the other hand, there are probably many investors who are stuck in this coin and the deposit is now in drawdown Most likely, this idea is primarily for them. Since June 2022, which is 5 months, the DOGE price has been consolidating in the liquidity zone of $0.04-0.08. It was in this liquidity zone at the beginning of 2021 that the DOGEUSDT price consolidated before the final pump of +1400% in 2021. And today, DOGECOIN buyers are trying to break up through the falling trend. However, it is too early to rejoice, there is a strong and liquid level of around $0.085 in the way of buyers. Most likely, buyers will not be able to overcome this milestone the first time. If you have a long position DOGEUSDT, then as the price approaches $0.085, you need to be very careful, because a correction to $0.065 may begin in the future So, in our opinion, it is safe to long DOGE either from $0.065 or after the DOGEUSDT price can confidently consolidate and fix above $0.085 Medium-term target for DOGECOIN price growth is $0.125-0.135 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
26
$DOGEUSDT DogecoinWhat is Dogecoin (DOGE)? Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply. Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined. Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes. The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
Long
by BADQOMOCAWGOWLD
2
Ascending wedge: The big Altcoin flush out is coming in 2024This feels very plausible, if this happens it's probably the entire space getting regulated similar to what happened to the internet after the dotcom bubble finally reached a melt up point. Prepare for the madness. If this happens bitcoin will not become the new gold standard but instead CBDCs will enslave the world. SDR took over back on August 15, 1971, when President Richard Nixon announced that the United States would no longer convert dollars to gold at a fixed value, thus completely abandoning the gold standard. Blockchain projects like Ripple Labs and Algorand would become a part of ISO20022 to digitize existing ISO 4217 (XDR) Special Drawing Rights. "The XDR comes to prominence when the U.S. dollar is weak or otherwise unsuitable to be a foreign exchange reserve asset. This usually manifests itself as an allocation of XDRs to IMF member countries. Distrust of the U.S. dollar is not the only stated reason allocations have been made, however. One of its first roles was to alleviate an expected shortfall of U.S. dollars c. 1970" Under this scenario: Dogecoin (equivalent to Pets dotcom back in the days), Ethereum (equivalent to Netscape back in the days). Would literally die after 2024. It's a complete Altcoin flushout and altcoin apocalypse for many. The new digital Gold, or Bitcoin, would also tank until equivalent to 2003 and would eventually hit new all time high which could be anywhere between 90k to 130k (keep in mind that Gold has only hit 66k per kilogram, so maybe peak is already in for Bitcoin unless Gold hits a new all time historic high). Overtime, Bitcoin and Gold could move together. To think Bitcoin will hit a million dollars under this narrative is not and wouldn't be realistic at all, unless there is hyperinflation in the US amidst a total dollar collapse, something that isn't plausible either, it can maybe hit a 60% low in a few years as other countries in G7 are integrated as global reserves next to the dollar. This is my honest opinion. The most unpredictable scenario is perhaps the most likely one, and I think this is it. Very concerned about the future of decentralization and what crypto meant. Satoshi would be very disappointed.
CRYPTOCAP:TOTAL2
by axelrodd
Doge Usdt 10/20When we look at the monthly graph, you can see that it is at an all-time low. If you look at both the harmonic graph and the formation graph in the monthly period, you can confirm this. When we examine the data of indicators in the monthly time frame, it is possible to receive signals that they are on an upward trend. In the weekly period, you can see an internal fractal harmonic pattern that the trend will return upwards. In addition, when we examine the graph in the weekly and daily time frames, you can see that price movements are consolidated and stuck. When we look at the previous supply areas of current price movements, we can think that this area constitutes strong support and will not easily allow further declines. When we project from past to present, we can see that trend movements are now positive. With an optimistic attitude, this may be an indication that the downward trend has come to an end. However, when we examine the latest price levels, we see that we are trying to complete a harmonious pattern. However, it seems that the D leg has not yet been created. Although leg C appears to have formed, there may be back tests and the price may continue the upward trend by falling slightly lower. Based on this data, we can begin to plan resistance target levels by thinking that it will soon be on an upward trend. Regardless of the pattern that will be generated, it will be possible to determine an approximate sales area if we consider that foot D will expand to at least 1,618. When we look for a resistance zone by simulating the harmonic pattern, we can also see that the resulting price levels correspond to the previous supply levels. After approving the price increase, I expect that it will most likely reach the price levels that I mentioned in the chart above. This area is consistent with past pattern and price movements. However, if there is a strong trend, it may be possible to predict the next target price levels in this graph. When we measure Fibonacci levels by guiding the harmonic pattern, we may encounter resistance zones as follows; When we examine the index data in the daily period, the fact that the ADX is at 13 levels despite being negative gives the signal of an upward turn. When looking at Aroon, it's clear that sellers are getting weaker. The indicative level of buyers indicates that purchases will begin soon. When we look at wallet indicators, it seems that there are still no strong money flows. However, despite the lack of a cash flow, the absence of a strong downward fall is again a signal in favor of buyers. In conclusion, even if there are downward price movements that are not strong, I think that price movements will soon begin to climb upwards. Note: this is not investment advice.
Long
by CryptoBrainn
3