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Dogeforecast

Little Doge- First i am not a fan of Memes Coins, but i hodl some from few years. - i started with few bucks. - Remember prices are just what peoples believe in. - A good exemple is Gold, anyone can eat Gold, but peoples buy it because they believe in it. - Peoples believe in Elon Musk Tweets or change Twitter logo.. then Doge up! - i just believe he's an opportunist, but a great businessman. -------------------------------------------------------------------------------------------------------- - so let's do some quick Maths : -------------------------------------------------------------------------------------------------------- - if you bought 1000$ of Doge in 2015 Bottom. - you could have made : 888000%+ - Sold Doge at ATH you could have made : 8,800,000$+ (yep...) -------------------------------------------------------------------------------------------------------- - if you bought 1000$ of Doge in 2019 Bottom (excluding Covid19 Dip) - you could have made : 34000%+ - Sold Doge at ATH you could have made : 340,000$+ -------------------------------------------------------------------------------------------------------- - if you bought 1000$ of Doge in 2022 Bottom. - you will possibly make : 10000% (potentially 5$) - Selling Doge at the good time (ATH), you will possibly make : 100,000$ -------------------------------------------------------------------------------------------------------- - To conclude, you will never make the same money as peoples did some years ago, but you still have some opportunities to make great money. - Some peoples will FUD about Doge, but i am 100% convinced that they didn't buy it in 2015... - Don't forget Cryptos are risky. invest only what you can afford to lose. - More you are gambling in "crazy projects", more you are taking risks, more you could be strongly rewarded, or lose everything! - " The biggest risk in life is not taking any risk " Happy Tr4Ding !
BITTREX:DOGEUSD
by thecryer
11
DOGE → Are We Heading to $0.30!? Or $0.10? Let's Answer.Doge had an 80% Weekly bull candle at the end of February followed by continued bull pressure into March. Where will Doge find resistance? How do we trade this? 🤔 The current market has a strong bullish sentiment. The 80% bull candle was followed by a tight trading range with more strong bull candles. We have yet to see a signal for pullbacks or reversals. We are on the second push up in the trend, leaving us the potential for one more. The RSI is currently at 78.00, which ought to give us some pause about the continuation of the bull action before a pullback. That is why I advocate waiting to enter a long until the price comes back down toward the Weekly 30EMA. It is reasonable to long scalp on a lower timeframe like the 4HR or even the Daily, but with a small position size and tight stop loss. Waiting for the pullback to the 30EMA is ideal for a long. 💡 Trade Idea 💡 Long Entry: $0.14 🟥 Stop Loss: $0.09 ✅ Take Profit: $0.29 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Two pushes up in a bull trend with a gap to close at $0.29. 2. 80% bull candle at the end of February signals strong bull strength. 3. Tight trading range after the February bull candle, likely a measured move up. 4. Long scalp on lower timeframe or wait for pullback to Weekly 30EMA to long. 5. RSI at 78.00 and above the Moving Average supports pullback before the next move up. 💰 Trading Tip 💰 The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Long
by TraderEngineering
DOGE → Hitting The Bottom and About to Rocket Past $0.10? Doge pulled back 30% from its recent high just above $0.10, leaving the bulls to wonder if we're continuing to the downside or putting in new highs. Is this the time to enter a long trade? How do we trade this? 🤔 The answer is yes! We have several market indicators that point to a 1:2 Risk/Reward trade right here at this moment. We have three pushes down in our pullback from $0.10, 3 failed attempts to make lower lows in a trading range, and an RSI that is low and above the Moving Average; Bitcoin as a market indicator is showing signs of making another attempt toward the upside as well. We're 10% away from the Support zone with plenty of runway before hitting the previous high at $0.10. These are optimal conditions for a long trade. 💡 Trade Idea 💡 Long Entry: $0.0805 🟥 Stop Loss: $0.0705 ✅ Take Profit #1: $0.0905 ✅ Take Profit #2: $0.1050 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Three pushes down in the pullback from $0.10 2. Three failed attempts to break a new low in the trading range 3. 10% away from the Support Zone and 34% away from the previous high of $0.10 4. RSI at 43.00 and above the moving average which are ideal conditions for a long 5. Bitcoin showing signs of a move toward the previous high 💰 Trading Tip 💰 Trends typically have 3 pushes in either direction before a trend change begins. Along with other market indicators, creates a situation to look for counter-trend trades because the probability of profit is high enough. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Long
by TraderEngineering
3
DOGE → First Sell-off Complete! Another Push to the Downside?Dogecoin, along with the rest of the crypto market, had a severe bear response to Bitcoins completion of its measured move. Are we in for another leg down? How do we trade this?  🤔 I don't think it's reasonable to short here, not yet at least. We need a little more recovery from the first sell-off toward the Resistance Zone at $0.0865. If we get a sell signal from that area, it's reasonable to short Doge on the Daily chart toward the initial support of $0.0675. Until then, it's best to wait on the sidelines for the RSI to come up, and the bears to recharge. It may be a while before Doge recovers and heads to a new high in this trend. The macro-trend is bullish in the crypto market, so we should be cautious when capturing these bearish movements on altcoins. 💡  Trade Idea  💡 Short Entry: $0.0835 🟥 Stop Loss: $0.0890 ✅ Take Profit: $0.0725 ⚖️ Risk/Reward Ratio: 1:1 🔑  Key Takeaways  🔑 1. Bull Channel Concluded with a Double Top Reversal. 2. Trend Changed to Trading Range then 1st Push Down. 3. Bounced off of 200EMA Support, wait for new Sell Signal. 4. RSI at 36.00 and below Moving Average. Bias to Short. 5. Wait for Sell Signal After Test of Resistance Area. 💰  Trading Tip  💰 Channels are often concluded not with a strong reversal, but first a stall of the trend with a trading range. A reversal is likely if the trading range comes at the end of a three-leg trend. ⚠️  Risk Warning!  ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Short
by TraderEngineering
DOGE → Hinting at a Drop! Are we going back to $0.05?Dogecoin is starting to show signs of converting to a trading range after a strong bull run. We have a potential double top reversal pattern playing out after three good pushes to the upside. Does that mean we're heading down? How do we trade this? 🤔 Three pushes up, potential double top reversal pattern, RSI at 62.00 and below the Moving Average, these are the key data points that should bring us caution when the thought to long crosses our mind. What we're missing right now is a confirmation candle and a lower low to give us enough probability to enter a short scalp and maybe a partial swing. A final sell signal at the Previous High of $0.10750 would be ideal, giving us enough range for a 1:3 Risk/Reward Ratio. Using my favorite approach, take half profits at $0.10 (1:1 Risk/Reward), move your stop loss up to your entry price, then swing the remainder to 1:3 Risk/Reward at $0.09. 💡 Trade Idea 💡 Short Entry: $0.10500 🟥 Stop Loss: $0.11000 ✅ Take Profit #1: $0.10000 ✅ Take Profit #2: $0.09000 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Three Pushes Up, Potential Double Top Reversal. 3. Could convert to Trading Range between $0.0875 and $0.10750. 4. RSI at 62.00 and below Moving Average. Bias to Short. 5. Bitcoin is running hot to the upside, risk of trend change. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Short
by TraderEngineering
DOGE → Updated Double Top Analysis! Our First Target is $0.07?Doge is failing to retest the $0.1075 level and has instead meandered sideways in the $0.9500 range. Are we in a position to short here? Long? Or simply wait on the sidelines? How do we trade this? 🤔 We need to wait. We are still in a bull channel which means our bias ought to be long, but we have several datapoints that counter that bias. 1. Three pushes up, a typical number of legs in a channel before the probability of trend change exceeds the probability that the trend will continue. 2. Double Top reversal signal. These can fail, but coupled with the three pushes, increases the probability of a trend change. 3. Bitcoin showing signs of trend change and as a leading market indicator may drag Doge down with it. We need to wait for a break below the Weak Support line and the Support Zone. The break is the bear signal, then we need a retest of the Support Zone as resistance with a strong bear candle closing on or near its low to confirm the price can't make it back up. At this time, its reasonable to short a 1:3 Risk/Reward placing a protective stop just above the previous Support Zone. Take half profits at 1:1 Risk/Reward ($0.082 area), and final profits at 1:3 ($0.69 area). It's also reasonable to swing the latter half of your position beyond 1:3 R/R, until a proper buy signal appears. 💡 Trade Ideas 💡 Short Entry: $0.84 🟥 Stop Loss: $0.89 ✅ Take Profit: $0.69 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Three Pushes Up, Double Top Reversal Intact. 3. Need to Break Weak Support and Support Zone to Short. 4. RSI at 46.00 and below Moving Average. Bias to Short. 5. Watch Bitcoin for trend change, may drag the market down. 💰 Trading Tip 💰 Trading against the trend carries a low probability of success, but a much higher reward with a low risk. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Short
by TraderEngineering
DOGE → A Rip to $0.10! Will We Continue to $0.15 and Beyond?Dogecoin ripped through the $0.88 Resistance, found support on it, then blasted through the next resistance of $0.10! My previous analysis projected this outcome and successfully closed the proposed trade. Where does the Doge price go from here? How do we trade this? 🤔 We're now zooming out to the Weekly candles to see where the next Resistance Zone is and it appears to be in the $0.15 to $0.16 range. That's a 50% increase in price from where we are now! To take advantage of that range, we need to take a breath after those last few Daily bull candles and wait for a pullback. This Weekly candle needs to close bull followed by a bar or two of sideways price action. It's reasonable to zoom into the Daily chart for more detail and I'll provide updates on that chart here as the days pass. Once a pullback is completed and we have the proper signs of continuation, it's reasonable to long again for another 1:3 Risk/Reward trade! Look for strong bull channel support or the 30EMA once it catches up to the price. RSI is also at 74.00 which supports at least a pullback. Be very careful here as it wouldn't surprise me if we get a rapid sell-off in response to the rapid buy. Markets are about balance and right now, we're a bit out of balance. 💡 Trade Idea 💡 Long Entry: $0.0990 🟥 Stop Loss: $0.08435 ✅ Take Profit: $0.14300 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Breakout of Bear Channel, Bias to Long! 2. Wait for Weekly Candle to Close Before Entering. 3. Test Bear Channel Support Means Higher Probability of Profit. 4. RSI at 74.00, Bias to Short. 5. Best to wait for pull back before entering. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Long
by TraderEngineering
DOGE → Breaking Resistance to $0.10? $0.15?? Let's Clarify.Dogecoin is knocking on the door of the Resistance Zone looking to hit the next price targets. We're currently in an ascending triangle which is bullish, will Doge break out? How do we trade this? 🤔 There are several reasons to be bullish; Bullish Macro Trend, Ascending Triangle pattern, Above 30EMA and 200EMA Ribbons, RSI above the Moving Average, and Bitcoin broke out of its Weekly Resistance. That's quite the list of reasons to get long! But should we long now? There is one important reason we shouldn't long; we're at resistance. Never long resistance! We should wait for resistance to be broken and then tested as support before entering a long position. Once broken and support has been tested, long around the $0.89 area and set a 1:3 Risk/Reward. I recommend selling half of your position at 1:1 Risk/Reward, moving the stop loss up to your entry price, then swinging the rest of the position to at least 1:3 Risk Reward or until you see a reversal signal. The immediate target after breaking resistance is $0.10 but if the market takes off, we could see highs up to the next major resistance around $0.15. 💡 Trade Idea 💡 Long Entry: $0.888 🟥 Stop Loss: $0.8620 ✅ Take Profit #1: $0.9140 ✅ Take Profit #2: $0.9666 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Ascending Triangle, Bias to Long. 2. Two Rejections, Third one is underway. 3. Wait for a Break of Resistance and a Test of Support Before Longing. 4. RSI at 63.00 and below Moving Average, Short-Term Bullish. 5. Long Above Resistance, Stop Loss Below Resistance Zone. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Long
by TraderEngineering
Doge Crazy Numbers are Talking- Don't look at the Fibo, it's messy. - i just added Fibo on this trend because i want to see the final results after next bullrun. ------------------------------------------------------------------------------------------------------- - So let's talk % : ------------------------------------------------------------------------------------------------------- - if u bought the bottom in 2016 and Hodl Doge until ATH. - You could have win 930 000%+ - invest 1000$ in 2016 Bottom - Get 9,300,000$ at the top of the ATH in 2021 ( yes 9.3 Millions $) ------------------------------------------------------------------------------------------------------- - if u bought the bottom in 2019 and Hodl Doge until ATH. - You could have made 30 000% - invest 1000$ in 2019 Bottom. - Get 301,000$ at the of the ATH in 2021. ------------------------------------------------------------------------------------------------------- - The last bullrun in 2021 was Extremely Bullish. - if you know about Fibo, you will notice the " WTF ?" in the chart. - Doge literally exploded the 423.6% Extension to go 100%+ Higher... - what a performance! ------------------------------------------------------------------------------------------------------- - So for the next bullrun the minimum we could get for Doge is 3$. - Around 5600% from the last bottom. - invest 1000$ - get 56,000$ ------------------------------------------------------------------------------------------------------- - So all those numbers and % look crazy right ? - But Numbers are talking, not me! - Remember one thing, to be a day trader is really hard. - But to be Hodler and armed with patience is much more easy. - Making money is the long run is the best method. - invest what u don't need for living and just wait few years..... Happy Tr4Ding !
BITTREX:DOGEUSDLong
by thecryer
8
a happy doge holiday is comingdoge finished 5 waves down ran for the a+b now preparing for the C doge aproaching the corner of a triangle programed for breakout by latest 20-21 december TD sequential closed 9 red candle styx and i am expecting a new green count any day now. the current daily candle seems to be closing as a bullish hammer candle in 15 minutes. holidays are fast aproaching and i expect doge going for a run together with bitcoin and bring back hope to the crypto markets. elon is having fun lately with twitter while fighting the trolls, bots and liars, leaking truth and bringing back power to the people. inevitably dogecoin plays some kind of role in this as well which soon could be revealed acting as a catalyst to push price & dominance further up. my next target is 0,245 cent do not blindly trust my analysis & feelings. i could be wrong and break down lower instead. happy trading and happy holidays!
by Candle_Styx
5
DOGE Strong UP Reaction !!!Technical Analysis: - As you can see in the chart, DOGE has a strong up reaction but we need more data for a confirmation to have a new structure - Short term correction is finished in wave II in red - We expect in the Short Medium Term ((3)) waves in black bouncing - We need to cross wave I in red to get a more confidence up in a Bullish Short Term Structure - H1 & H4 Right Side is UP Technical Information: - We like to buy DOGE in the Short Term Pull back around $0.0965
BINANCE:DOGEUSDLong
by Market-Right-Side