Doge primed for a Breakout?Do you think this Fib Retracement will play out, or will see see the second leg of a large pullback?
Dogecointrading
Doge Huge SupportOur most important support level is at .23, if we break this level we may fall too .20 followed by a consolidation phase.
Or we could consolidate between .23 & .26 through the weekend.
Slight possibility of a breakout moving into early Saturday morning. 🙌🏼
Doge ready for a Wedge breakoutGoing off my precious chart we are lined up for a breakout, but will it be a Sell-off or a Uptrend towards .30?
Doge Consolidation or Sell-OffI placed arrows that are correlated with the RSI, Green represents the Oversold & Red represents the Overbought.
Where we are now is at an Oversold zone, which I do believe we may see a Bullish reversal to test .30 through the weekend with a consolidation above .25
Or we could see a Sell-off & create a Double or Triple Bottom like we've seen plenty of times from previous Oversold areas.
Doge crucial times We will see .24 as we head into the weekend but must watch to see if we break the .23 Support level, thennwe may be seeing a complete bearish reversal. If we are able too bounce off of .23 then retest & break through .24 getting into .25 then we'll be heading in the right direction.
Doge Fake out?We could consolidate between .24 - .27 as we approach the weekend which is a great sign moving forward. Or we could get a Bullish Reversal & make our way back into the wedge & continue on a Uptrend too .35 next week.
Doge nearing a PumpI highlighted a Blue Support zone that we could fall too nearing .28, then continue moving upwards. Or we could fall too .300 & use that momentum to uptrend out of this wedge pattern & on our way to .32
Doge updateStl continuing along the previous prediction, still a chance to consolidate through the middle of this Uptrend. May see .32 this weekend
Doge Uptrend setIt appears we have created another Uptrend, next we may continue to slide down towards the lower resistance which should shoot us back up towards .30+ moving into mid Friday.
As we head into the weekend we'll need to re-asses the next pattern, which could be another healthy pullback towards the .305 support then another Bull run heading into next week.
Doge road to .30Here's a layout of paths we may see mo inv through today into tomorrow Sep. 2nd, as we near the 3rd I believe we could retest .30
Doge Double BottomThe RSI Indicates we've created a Double Bottom which should get us up above .29 & may even test .30 heading through the night into Tuesday morning.
I've labeled 2 potential patterns that may unfold moving through next week. We may pass .29 test .30 then fall below the support at .28 then continue downwards in this bearish trend.
Or we could break through the .30 resistance with a retest & continue moving through the .30's creating a new Bullish trend.
Doge Bearish Reversal?Hourly chart showing the 20 EMA still below the 50 EMA, we may cross over & get a push towards the upper trend line heading into early Tuesday. Overall were still inside of the larger Bullish Pennant looking to break through the top resistance & test .30 this week.
Doge rebound off the 20 EMA? Rolling into Saturday morning we could be .30+ if we're able to bounce off the 20 EMA or find ourselves falling below this Uptrend & retest the previous support line.
Doge making a runWe've caught some momentum here lead by the Volume & bouncing off the lower Support level (.26). Let's see if we can continue this uptrend too .28+ tonight & hopefully pass that .30 support tomorrow, kicking off a bull run.
Doge eyeing a .26 resistance for a ReversalWe have been on a healthy pullback which has created a solid buying opportunity to Avg. down or continue to stack your bags.
We're currently nearing a strong resistance at .26 which if you take a look at the RSI is also indicating we are Oversold. Typically when we meet a resistance & the RSI indicates an Oversold asset it leads to a reversal. Heading into the weekend we could be headed back up towards .28
Say we cross over the .26 resistance our next resistance would be .24 but it isn't very strong, so hoping we don't fall to that price. If we do, we would see a consolidation phase breakout as we head into the weekend around .24 - .26.
Doge needs to get above the 50 EMA If we're able to get above the 50 EMA that's a strong indication of a Uptrend fixing to happen, so if we get above it & the Volume pick up we should see a big push above the upper trend line rolling into Thursday morning.
If we hit the 50 EMA we could see a rejection & continue to call into a Consolidation phase sticking around .27 heading into Friday.
Doge critical Tuesday Night RunWe may have just witnessed a Fake-out, looking to get rid of the paper hands before the next leg up. We are currently still in this Bullish Pennant & may begin our next swing upwards through Tuesday Night & into Wednesday morning.
If we are able to bust through the top of the pennant, this may be the beginning to a big Bull run surging through .36+ heading into next week.
On the other hand this very well could be a large sell-off coming which would throw us down to the .26 - .28 range where we would consolidate heading into the weekend.
Doge Pennant PatternTaking a look at the 4hr chart Doge has created a Bullish Pennant Pattern, what we should see unfold next is a surge through the top of the wedge pattern followed by a retest then a nice push Upwards.
If we happen to break this Pennant Pattern & get a reversal, we may find ourselves at the .26 resistance followed by a consolidation phase through the week.
Doge ready for a Wednesday swing We've continued in this wedge pattern for a few days now & seem to be ready for a new pattern tomorrow, Wednesday the 25th.
We've got 2 strong resistance lines below us which are .26 & .28, so if we do fall below this wedge those are the 2 prices we should keep an eye on for buying opportunities heading forward. We could consolidate between the two moving into late Wed. early Thursday morning then looking for where we would be heading next nearing the weekend.
If we jump above this wedge we'll see a retest followed by a jump towards .36+ nearing the end of Wednesday evening nearing Thursday morning. This could be a big week if we're able to continue on this Uptrend as we near the weekend for all of Crypto.
Doge Volume needs to pick up for a UptrendI believe we'll see a slight pullback then we need to pay attention to the Volume, if we're able to catch Volume we may head to .35+ Saturday afternoon.
We very easily could have a sell-off then a Consolidation Phase through the weekend.
Doge ready for a new trendWe just broke above the upper resistance of the wedge, what we may see next is a slight pullback before we head to .34+ through the night.
If we do fall back into the wedge we may consolidate today heading into Friday morning, the next trend will set up the weekend.
Doge wedge continuationAfter we consolidated we rose right into the previous wedge which is now a continuation. The good news is we're nearing the end of this wedge typically leading to a new trend with a spike.
We are going to see a minimal pullback to then test the top of this wedge, from there and f we decide to have a sell-off well potentially fall to .25 which has very strong support.
Or if we're able to break through the top of the wedge followed by a minimal pullback we may see an Uptrend too .35 heading into Friday morning.
