DOGE explodes, reaching toward the moon, hits $0.15
Dogecoin goes ballistic to trade another new all-time high.
More upward action expected as Dogecoin eyes liftoff to $0.2.
Dogecoin has become a household name in the cryptocurrency industry. Despite Elon Musk, the founder of Tesla, having an unquenched thirst for the coin, investors worldwide continue to shower it with love and attention. The break above $0.1 catalyzed the swing to new highs as massive buy orders were triggered.
Dogecoin extends the bullish outlook
The Meme Coin exchanges hands at $0.13 at the time of writing, following a majestic rally over the last couple of days. Short-term technical levels reveal that the slightest resistance path is upward. For instance, the Moving Average Convergence Divergence (MACD) indicator is firmly in support of the bullish narrative. In addition to striking higher levels within the positive region, the MACD line (blue) divergence from the signal line is a massive bullish indication.
Meanwhile, higher support must be established to secure the uptrend. A spike above $0.15 may catalyze another uptick to highs past $0.2. It is clear that Dogecoin's uptrend is still intact and could reach much higher levels.
On the flip side, failure to close the day above $0.12 could spur a rise in overhead pressure. Any sign of instability will likely trigger sell orders as investors cash out for profit. Other key support areas to keep in mind include $0.1 and $0.08.
Dogecoin intraday levels
Spot rate: $0.13
Trend: Bullish
Volatility: High
Support: $0.12 and $0.1
Resistance: $0.14 and $0.15
Dogecoinusd
Dogecoin BUY/LONG - EXPECTED TO HIT 0.10 by JulyTechnical Analysis
1. Large Pennant Pattern Formed
2. Pennant Breakout and Retraced
3. Fibonacci Retracement Completed
4. Fibonacci Expansion First Take Profit is same length as Flagpole
5. The fall back will be on the new structure level before the next impulse up
1st Take Profit should be met by July 2021
DOGE 12h Will Musk still send Doge to the moon on his rocket?And we continue to review almost the most manipulative tool of the last month's DOGECOIN
Now the DOGEUSDT price is in consolidation, there are many options for price movement, but before we analyze them, we want to warn you - do not trade DOGE with margin leverage !!!
From level to level 15-20% one mistake with the choice of direction and margin call, liquidation, and no deposit.
Going slowly doesn't prevent arriving !
An interesting zone for recruiting long is $0.0375-$0.0450 , which can give a cool result in the medium term or until the first tweet of a dedicated DOGE fan :)
The critical level for longs is $0.03
Below it, in our opinion, one should not count on growth, since from below the DOGEUSD price level of $0.01 will begin to attract to itself
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Dogecoin New BUY/LONG ENTRY AVAILABLE NOWRe-Entry is now available for Dogecoin HOWEVER, note that the market could still potentially fall a bit more as the current level till 0.0650000 is considered the new Support Zone Range.
Technical Analysis
1. Fibonacci Retracement sitting on 0.618 (Golden Zone) New Support Structure Zone and EMA 60
2. Expansion Level 1 would complete the Flagpole
#DOGEUSDT - Golden Pocket Support Retested #DOGELONG 38% + MoveDaily Time Frame Analysis -
Entry - Current Daily Candle
Exit - Target 1 + 2
ROI - 38% on spot
Doge has lots of room to continue growing, after finding support.
We can see that DOGE has broken into the Golden pocket on the Fibonacci tool.
While also confirming the 0.38% Fib as support + A Daily order block support level.
Giving us confluence for its next move up.
Stop losses down below $0.052410
#DOGE #DOGECOIN #DOGELONG
Dogecoin Analysis - EXPECTED TO HIT 0.10 by JulyTechnical Anlaysis
1. Large Pennant
2. Retracement of Pennant Completed
3. Fibbonacci Retracement Completed
4. Expect the market to rise to our Fibbonacci Expansion level of 1.618 before falling for a pullback.
5. Pullback MIRRORS the Flagpole of Pennant
As mentioned and forecasted market is moving in favour accordingly.
hold the doge...hi guys
i wish you all the best
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now im here with another Analysis of dooge coin
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this one based on to trend line and this creates two states:
first one : doge will Reacts to the short time trenline and goes up till highest level 0.08 and more to 0.12
second one : doge will lost short time resistance and goes down to all time low trend line and next that will be the start for the targets who i said 0.08 and 0.12
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also i showed you the next resistabce and Protection for you
at the end i want to thanck you all for youtr atention.
Dogecoin Analysis - EXPECTED TO HIT 0.10 by JulyTechnical Analysis
1. Large Pennant Pattern
2. Pennant Broke out and currently retracing
3. Fibbonacci Retracement Level currently at 0.618 (Golden Zone)
4. Market 1st take profit at Fibbonacci expansion zone 1.618 which will also align to the major structure
Dogecoin price undergoes the 'perfect' pump-and-dump storm
Elon Musk puts Dogecoin in the spotlight with his literal tweet.
DOGE pumped to closed to $0.07 but immediately corrected to $0.057.
Dogecoin must hold above $0.06 to avert potential losses back to $0.05.
Dogecoin has become a household name in the cryptocurrency industry, with its social volume surpassing that of Bitcoin on several occasions. The 'Meme Coin' spent the entire March battling a descending trend line resistance. On the downside, primary support had been established at $0.05.
Meanwhile, it is no doubt that Elon Musk, the founder of the largest electric vehicle manufacturer, Tesla, is Dogecoin's biggest fan. On April 1, Elon Musk sent a tweet that said, "SpaceX is going to put a literal Dogecoin on the literal moon." Note that Musk is also the founder of SpaceX, one of the world's largest private space exploration companies.
Dogecoin price reacted immediately, going ballistic above a descending triangle pattern. Despite the pattern having a bearish bias, DOGE shot significantly higher, breaking past several hurdles, including $0.06 and $0.065.
The 26.6% triangle breakout target was not only achieved but also outperformed with Dogecoin extending the bullish leg close to $0.07. However, social sentiment started to shift as the tweet's impact simmered down. DOGE corrected below the tentative support at $0.065 and $0.06.
Short-term support appears to have been embraced at $0.057, with Dogecoin remaining pivotal at $0.06. If the immediate anchor fails to hold, overhead pressure may soar as more selling orders are triggered.
Dogecoin may seek refuge at the 100 Simple Moving Average (SMA) on the four-hour chart and highlighted at $0.055. Other support levels to keep in mind include the 200 SMA at $0.054 and the significant buyer congestion at $0.05.
Dogecoin intraday levels
Spot rate: $0.06
Trend: Bearish
Volatility: Low
Support: $0.057, $0.055 and $0.05
Resistance: $0.065 and $0.07