BEARISH!!!Descending triangle On the weekly charts, Doge and XRP seem to be presenting a descending triangle. This is a bear case scenario and I would expect the crypto to drop down to previous Supply-demand zones around $.05868261 or maybe new zones as the lowest Supply-demand zones seem to be weak.
Dogecoinanalysis
Short opportunity in the DOGEUSDTIn the DOGEUSDT price chart, after correction and forming a wedge and breaking it, you can trade according the trading setup.
🔴Short Now 0.1315
🧯 Stop loss 0.1400
🏹 Target 1 0.1290
🏹 Target 2 0.1240
🏹 Target 3 0.1111
💸Capital : 1%
We hope it is profitable for you ❤️
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DOGE, global and local technical analysisLet's analyze the DOGE chart on the lower and higher timeframes.
Globally, the DOGE is in a large trading range. In doing so, let's highlight one of the most important levels at the moment - the middle of the trading range.
Locally, a trend line can be identified. The price is starting to squeeze and there could be a breakout soon.
In the case of a breakout, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
DOGEUSDT | The best places to buy and sell🔥Hello traders, Dogecoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count, the main waves 1, 2 and 3 are formed and now we are inside wave 4.
Wave 4 is unexpectedly zigzagged and this zigzag has completed its a and b waves and is now inside the c wave.
According to the rules, wave c is formed in the form of five waves, and of these five waves, waves 1, 2, 3, and 4 are complete, and we are currently inside wave 5 of wave c.
Wave 5 has done its minimum motion but its normal motion has not formed which I think for normal pattern wave 5 will probably have more downward and will move in proportion to wave c to wave a to Fibonacci 1.00 (if the range 0.1325 is completely broken) .
If the canal is broken upwards, we consider this zigzag to be over.
We will compare this correction with our internal waves and do not currently consider the ratio of wave 4 to wave 3.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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DOGEUSDT - POSSIBLE SCENARIO!DOGEUSDT price shows some great sense of bullishness. We will discuss, As you can see price is gradually reaching the dead end of the converging triangle and a breakout is most likely on the cards. Then we can see the volumes are shrinking day by day, which leads towards a bullish sentiment. Price also showed strong strength at the critical support zone. So wait for the confirmation and buy on dips. Good Luck!
The most important doge support and resistance linesHello dear friends, let's take a closer look at the Doge chart in daily time frame.Since May 19, 2021, a strong S1 support line has been formed, which has been rejected upwards every time the price hits it.It is possible that the price will test the S1 level once again on the way to increase.The R1 line, which used to be a strong support in 2021, has now become a strong resistance.If a daily candle is closed above the R1 line and after completing the pull back to it, it is possible to increase the price up to the R2 line.In the event of a war between Ukraine and Russia and the loss of the S1 support line, there is a possibility of a sharp drop in prices.
DOGE parallel channel#DOGE/USDT
$DOGE is inside descending parallel channel, and above middle line.
🐮 holding the support zone between $0.12 and $0.14 will help price break out from resistance zone that is the same with upper line of channel, to head up toward resistance zone between $0.22 and $0.25 that is the same with middle line of clone channel.
🐻 rejection from upper line of current channel and break down the support of $0.12 will drop price to middle line of channel around support of $0.08.
DOGEUSDT | The best places to buy and sell🔥Hello traders, Dogecoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count, the main waves 1, 2 and 3 are formed and now we are inside wave 4.
Wave 4 is unexpectedly formed in the form of a zigzag, and this zigzag has completed its a and b waves and is now inside the c-wave.
According to the rules, wave c is formed in the form of five waves, from these five waves, waves 1, 2, 3 and 4 are formed and we are currently inside wave 5 of wave c.
Wave 5 has done its minimum motion but its normal motion has not been formed, which I think for the normal pattern it will probably have a further 5 downward wave and will move relative to wave c to wave a to Fibonacci 1.00 if the range 0.1325 is completely broken ,This descent is confirmed.
If the roof of the orange channel is broken, we consider this zigzag completed.
We will compare this correction with our internal waves and do not currently consider the ratio of wave 4 to wave 3.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
DOGE JUST HOLD ITDoes Doge want to say goodbye to Earth and say hello to the Moon?
The price is pulling back after breaking the channel upwards.
Do we have price support in this area?
It is also possible to see a positive divergence in the RSI indicator.
Will it reach the moon? (Will we change our car?🚗)
Start the new year with a gain.
Doge: Hey moon 😃, I'm coming ;)
Share your comments with us.
black mountain trade
Range trading for Doge?It looks like Doge has found support in the 0.125 and 0.135 zone and the price is hovering above this level for a few days now.
At this moment things look pretty calm on the Crypto market and a lot of coins can and should correct some of the drop.
This is also true in Doge's case and the coin can rise and test 0.2 important resistance
A drop under 0.125 negates this scenario
DOGE Dogecoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Dogecoin (DOGEUSD).
The chart is self-explanatory. There are many bearish signs so be careful when considering to trade Dogecoin.
Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, VPVR (Volume Profile Visible Range), Volume, Descending Wedge, RSI, MFI (Money Flow Index).
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
IM NOT A BIG FAN OF DOGE, SHORT? MAYBEI hope no one is offended, apart from the joke, Honestly DOGE is not one of my favorites,
so, there is an indication that in the near future there will be a spike in price increases on the DOGEUSDT coin. But, it is likely to retest area $0.16 - $0.18 area. If you ask me when close., $0.1 - $0.09. Lev: 5x
Any further detailed information leave it in a comment or send your message to my inbox
$DOGEUSDT PT 49-69 and higher 💫❤️🕊️Dogecoin Price & Market Data
Dogecoin price today is $0.143397 with a 24-hour trading volume of $1,198,268,845. DOGE price is up 0.7% in the last 24 hours. It has a circulating supply of 130 Billion DOGE coins and a total supply of ∞. If you are looking to buy or sell Dogecoin, Binance is currently the most active exchange.
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.
Dogecoin in 2021
Fast forward today in 2021, Dogecoin has grown so much and have gathered the mainstream attention. It has become a meme that is used by the likes of Tesla billionaire, Elon Musk and even more so spunned off even more meme coins into the market.
On May 8th, 2021 the cryptocurrency recorded an all-time-high market cap of nearly $90 billion and trading at a price of $0.70 per DOGE. That is nearly +141,000% increase since its inception in 2013.
Dogecoin followers have always been asking if Dogecoin would ever reach $1. It is hard to say where the price action will go, but high volatility seem to be mainstay as the utility of the cryptocurrency remains unclear being a meme coin.
Where to buy Dogecoin?
You may buy Dogecoin on centralized exchanges such as Binance, Crypto.com, Coinbase, Bitfinex, and more.
Dogecoin SHORT TO $0.08 or $0.04 Dogecoin going on an A-B-C ZIG-ZAG correction which is a (5-3-5 wave) very common after a good 5 wave impulse
Blue 5 wave Elliot wave in 2021 Jan TO May
ABC corrective wave in RED
We are now in Wave C in the ZIG-ZAG correction (PURPLE)
Wave C is going through sub wave (4) and sub wave (5), we are already going below 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae:
88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618:
0.618 x 0.618 = 0.786 (78.6%)
0.786 x 0.786 = 0.886 (88.6%)
0.886 x 0.886 = 0.941 (94.1%)
88.6% retracement price is $0.08
94.1% retracement price is $0.04
I believe DOGE will still be shorted and may find the reversal at that zone
Please like and comment for feedback
Buy Doge and Forget about it. Few several months it's bleeding in the crypto market, and DOGE is not beyond it. Among all the cryptos, I like Bitcoin and DOGE most.
Technically, DOGE reached its trendline support area. What started in June 2021. Several times market respected this trendline support and bounced back to the upside.
Since begging, DOGE lost nearly 70% of its value and reached its trendline support zone. So, it is expected that DOGE has a great chance to bounce back from the current price zone.
As cryptos are under high selling pressure, it is hard to say when the investors will rush on the crypto market, but as cryptos are a booming market and new trend investment sector, it still hopes that investors will very soon run on it.
So, if you have spare money on your account, you can afford to lose. Just buy DOGE and forget about it. I hope it will give you good returns.
Technically, where identified the Buy zone at $0.1242 and 0.1100 price zone. I think it doesn't need to stop loss from the present situation. Because it's only 1200 pips, if it drops 1200 pips, the value of DOGE will be zone. Unless crypto becomes Ponzi Scheme, it's not possible that DOGE will become zero of its value.
But if you trade DOGE at forex, keep your stop loss at 0.8850. In addition, keep your short-term target zone at $0.1981 and long-term target zone nearly trendline resistance at $0.3067.