Dogecoin. Half a billion dollar memeGreetings from Benice team!
Dogecoin can be especially distinguished among all the coins on the market. At the moment, this meme coin has gathered a capitalization of more than half a billion and ranks 20th, according to the coinmarketcap rating. This is a bit alerting, given the history of the foundation of the coin. Dogecoin started in 2013 and was presented as a mockery of those many altcoins which flooded the market at that time.
The growth of Dogecoin has an exclusively speculative nature. Its software hasn't been updated since 2015, nevertheless, the token capitalization exceeded $ 2 billion at the beginning of 2018. Some projects, such as “Socks for the Homeless” and “Milk for Everyone” are being implemented, as well as ICO placement -1.08% of Dogecoin socks (ESO, early socks offering). This last project offers everyone to purchase socks with a Dogecoin pattern at a special price. We would like to remind you that the coin is one of the top 20 by coinmarketcap!
As we see, this market is full of nonsense. But it is still a market where technical laws established over the years prevail.
Dogecoin price chart looks technically correct. We can observe here the notorious Elliott waves, correctional formations, Fibonacci range levels.
In spite of the 5 global wave beautifully expanding to the North, intra-range trading should be preferred.
An attractive level to buy is 0.004673. The target of this purchase is the level of 0.0051; 0.005642 and 0.006086. A stop order may be placed at 0.0044. If stop orders are not used in trading, you'd better have some reserve funds to add a position if the price moves to a low range.
We are going to update regularly our short-term recommendations on this tool. We are going to inform you of the transaction entry level, the stop order level and the target for taking profit.
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Dogecoinbtc
DOGE Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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Swing Trade DOGE easily.Buy Green
Sell Red
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot appears you buy, if a green dot appears after that green dot you hold your investment.
if a red dot appears you sell your position. easy as that.
shorter time frames will be choppy.
larger time frames will be smooth.
DOGE Trading AdviceBuy Price: Yellow Line
TP: Green Lines
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you or I am just wasting my time and effort.
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Dogecoin [DOGE] Price Prediction, Technical Analysis – SeptemberFirst of all, let’s discuss the technical analysis on the basis of 1h price forecast. After looking at the Moving Averages the 10-day Exponential Moving Average is 0.00000051 which is indicating a buy signal. Not only this the EMA (20), EMA (50) and EMA (100) whose values are 0.00000045, 0.00000042 and 0.00000043 respectively.
Continue to read more...
A trading opportunity to buy in DOGEBTCTechnical analysis:
. DOGECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000000363 to 0.000000350). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000000363)
Ending of entry zone (0.000000350)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000000385
TP2= @ 0.000000412
TP3= @ 0.000000450
TP4= @ 0.000000482
TP5= @ 0.000000540
TP6= @ 0.000000656
TP7= @ 0.000000751
TP8= @ 0.000000921
TP9= @ 0.000001075
TP10= Free
A trading opportunity to buy in DOGEBTCTechnical analysis:
. DOGECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000000363 to 0.000000350). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000000363)
Ending of entry zone (0.000000350)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000000385
TP2= @ 0.000000412
TP3= @ 0.000000450
TP4= @ 0.000000482
TP5= @ 0.000000540
TP6= @ 0.000000656
TP7= @ 0.000000751
TP8= @ 0.000000921
TP9= @ 0.000001075
TP10= Free
There is a trading opportunity to buy in DOGEBTC Technical analysis:
. DOGECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000000385 to 0.000000348). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000000385)
Ending of entry zone (0.000000348)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000000450
TP2= @ 0.000000482
TP3= @ 0.000000549
TP4= @ 0.000000664
TP5= @ 0.000000757
TP6= @ 0.000000921
TP7= @ 0.000001075
TP8= Free
There is a trading opportunity to buy in DOGEBTC Technical analysis:
. DOGECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000000385 to 0.000000348). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000000385)
Ending of entry zone (0.000000348)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000000450
TP2= @ 0.000000482
TP3= @ 0.000000549
TP4= @ 0.000000664
TP5= @ 0.000000757
TP6= @ 0.000000921
TP7= @ 0.000001075
TP8= Free
$DOGECOIN Fractal'sFractals Fractals Fractals... I feel blessed for the opportunity to trade these beautiful formation.
What is a fractal you ask? Well, a fractal is a recurring pattern that exponentially increases/decreases in size and structure. The more geometric the fractal, the higher the probability is of the pattern continuing either bullish or bearish. Ask yourself, "Which side of the trend am I on?."
Now that we know what a fractal is, can we see any repetition of structure inside Dogecoin?
Taking a look at the 12hr chart, I have marked down three fractal patterns in which i feel have very strong bullish implications.
Remember that fractals can vary in geometric size and proportion, so the next thing to watch for is repetition. Can we see any similar patterns playing out repeatably? If so we may be inclined to believing a fractal is in its progression.
Now, enough talking... How about we analyze this chart!
Fractal 1 gives us a very large bull run followed by an ABC falling wedge retracement back to the trend line.
Break outs from falling wedges are a very profitable trade set up that we often see inside crypto. Large rallies often produce these falling wedge patterns due to the fact crypto is very explosive and 70-95% retraces happen quite often. Dogecoin happens to repeat this falling wedge fractal often and if we look through the history of Doge's Market Cycles, we can see this very clearly.
Once prices fell back onto the trend line, buyers moved back into the market. This caused a breakout of the falling wedge, and a nice bull rally immediately pursued afterwards.
Now, this is where we see the first signs of a repetitive fractal pattern forming. If we look closely at the second fractal we can see prices retrace in the same ABC Falling Wedge as the first market cycle, The only difference is the size of the market cycle compared to the first. The size is smaller because this is only the first bullish move inside an even bigger market cycle forming.
Lastly, we take a look at fractal three. It may be beneficial to zoom closer and get a better view of what is going on.
Like the first two fractals, once price lands on support of the trend line we see a major bull break followed by the ABC Falling Wedge retrace.
Now are you beginning to see the repetitive market structure inside of Doge?
We are nearing an end to the ABC retrace of fractal three and a breakout of major descending resistance marked by the Grey line.
A breakout of the Grey line would ensure a major bull run will follow along with a bigger more explosive market cycle similar to the one we experienced last summer.
Get your backs packed, were nearing alt season once more!
Thank you for tuning into todays fractal lesson!
I hoped i was able to teach you something and show you one of my favorite patterns to trade.
Please message me or comment any questions you may have below :)
God Bless, JolleyCrypto
If you missed our first HUNT, you may want to check this!New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
* If you missed our first HUNT, you have a second chance to buy above suggested support line (0.000000504).
Entry signal:
Signal to enter the market occurs when the price comes to "Buy line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.000000399 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.30.2018 .
Total Profit: 1086
Closed trade(s): 498 Profit
Open trade(s): 588 Profit
Closed Profit:
TP1 @ 0.000000482 touched at 04.11.2018 with 83 Profit.
TP2 @ 0.000000549 touched at 04.15.2018 with 150 Profit.
TP3 @ 0.000000664 touched at 04.18.2018 with 265 Profit.
83 + 150 + 265 = 498
Open Profit:
Profit for one trade is 0.000000546(current price) - 0.000000399(open price) = 147
4 trade(s) still open, therefore total profit for open trade(s) is 147 x 4 = 588
All SLs moved to Break-even point.
Take Profit:
TP4= @ 0.000000757
TP5= @ 0.000000921
TP6= @ 0.000001075
TP7= Free
Technical analysis:
Dogecoin/Bitcoin is in a range bound and resumption of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
Relative strength index ( RSI ) is 48.
If you missed our first HUNT, you may want to check this!New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
* If you missed our first HUNT, you have a second chance to buy above suggested support line (0.000000504).
Entry signal:
Signal to enter the market occurs when the price comes to "Buy line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.000000399 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.30.2018 .
Total Profit: 1086
Closed trade(s): 498 Profit
Open trade(s): 588 Profit
Closed Profit:
TP1 @ 0.000000482 touched at 04.11.2018 with 83 Profit.
TP2 @ 0.000000549 touched at 04.15.2018 with 150 Profit.
TP3 @ 0.000000664 touched at 04.18.2018 with 265 Profit.
83 + 150 + 265 = 498
Open Profit:
Profit for one trade is 0.000000546(current price) - 0.000000399(open price) = 147
4 trade(s) still open, therefore total profit for open trade(s) is 147 x 4 = 588
All SLs moved to Break-even point.
Take Profit:
TP4= @ 0.000000757
TP5= @ 0.000000921
TP6= @ 0.000001075
TP7= Free
Technical analysis:
Dogecoin/Bitcoin is in a range bound and resumption of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
Relative strength index ( RSI ) is 48.
DOGEBTC ,Weekly update: TP3 hit. Total profit 1618 in 21 days.!!New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (0.0000004), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.000000399 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.30.2018 .
Total Profit: 1618
Closed trade(s): 498 Profit
Open trade(s): 1120 Profit
Closed Profit:
TP1 @ 0.000000482 touched at 04.11.2018 with 83 Profit.
TP2 @ 0.000000549 touched at 04.15.2018 with 150 Profit.
TP3 @ 0.000000664 touched at 04.18.2018 with 265 Profit.
83 + 150 + 265 = 498
Open Profit:
Profit for one trade is 0.000000679(current price) -0.000000399(open price) = 280
4 trade(s) still open, therefore total profit for open trade(s) is 280 x 4 = 1120
All SLs moved to Break-even point.
Take Profit:
TP4= @ 0.000000757
TP5= @ 0.000000921
TP6= @ 0.000001075
TP7= Free
Technical analysis:
Dogecoin/Bitcoin is in an up trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 81.
DOGE wave 3As promised, on the previous idea, I've come with a new DOGE analysis.
It really seems that we are currently in wave 2 of Elliot waves and may do another run up for the wave 3.
A good buy opportunity is under the hourly cloud
MACD and Stoch RSI look good on higher timeframes and also GMMA looks to start squeezing.
The 3rd wave may be in one of the two zones which match key resistance support and resistance but also some fib zones.
DOGE new Elliot WaveIt had a retracement to 0.618 fib level and daily Stoch RSI seems to reset. Also MACD seems to turn around
It seems that we are currently on wave 2 of a higher move.
Latest market cycles had tops with around 38% higher than the previous market cycle
All that tells us that there is a high chance that DOGE will go uptrend again.
I will look to sell in old support and resistance areas that also match fib levels.
YEAR OF DOGE 2018 - over 10x Potential (HIGH RISK)Robinhood NEWSDOGE is a phenomenal coin is sense of its growth. It has enormous upside to it, including getting listed on Robinhood exchange this Q1-Q2 of 2018 which will just make the market go wild, especially since Doge is very cheap and although that plays no role in reality, it has a great effect of psychological state of people. We tend to think that the, "Cheaper this coin is, the bigger is the potential to get 'rich fast'." - that is not true, however you will not change how people think, only take advantage of it.
I wish you all luck, plus to give you guys a rumor... Coinbase is said to be adding several new cryptocurrencies to its platform, and one of those will most likely be DOGE Coin.
INVEST ONLY WHAT YOU CAN AFFORD TO LOSE