#Doge Hourly chart very BullishHere you can see on the Hourly chart we have continued to create Higher Highs as well as Higher Lows over the past 3 Days.
As we move through the morning into the afternoon we need to pay attention to the Pullbacks. If we happen to drop lower than the previous Higher Low (.21), then we may be in for a Reversal or Consolidation phase.
*Not Financial Advice
Dogeforecast
Dogecoin - Big chance for a pullback to 0.28 🤑🤑Update on Dogecoin!!!
Doge like other coins fell very hard, this coin fell more than 40%, the price broke through support levels of $0.21 and 0.17, then gathered liquidity below, we see this because the volume increased and the price quickly returned above these levels. Now the price has squeezed near the local trend line.
I think the price could move up into the value area, and I am now on the lookout for an entry opportunity.
Write in the comments all your questions and instrument 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
DOGE - 6h. Consolidation is the best scenario for buyers
A month and a half of trading on the DOGE market at low volumes allowed sellers to lower the price to $0.16. The last time the DOGEUSDT price was at this mark was in April 2021, after a powerful hype wave of growth. Then the buyers managed to continue their trend. However, they failed to hold on to the important liquid zone of $0.52-0.57. This price zone now looks like the maximum target of buyers for a new wave of growth. However, is it worth waiting for a sharp, aggressive and fast wave of growth in the DOGE market in the near future?
In our previous idea, we expected the growth of this coin, but buyers managed to test only our first goal:
In addition to the important range of $0.52-0.57 , buyers also lost control over the liquid zone of $0.28-0.31. The chart shows that this happened without much struggle on low volumes.
The fact that interest in the DOGE coin has dropped dramatically on the daily timeframe:
Low trading volumes both on the attempt to increase the price of DOGEUSDT, and on the attempt to stop the fall of the market.
If we analyze the trading volumes during the insane growth wave of April 13, 2021, then a certain concentration of liquidity is in the range of $0.13-0.14. So far, sellers have not managed to reach this area. However, while the control of the $0.28-0.31 range is under the control of sellers, the likelihood of the continuation of the downward trend is lower.
A positive scenario for the DOGE market is the price stopping in consolidation for the accumulation of forces. A successful attempt to break through the $ 0.28-0.31 range will be a good signal to start a new wave of growth with the target of $0.52-0.57. In the meantime, the price is in the black falling channel
If we analyze the DOGEBTC chart, we see that the probability of continued price consolidation is quite high:
The price has stopped between two powerful liquid zones and no particular aggression is visible from either side.
Therefore, while the situation on the cryptocurrency market does not inspire positive thoughts even now. However, the ranges of consolidation , in which the price is likely to move, make it possible to find profitable trading situations and not lose heart.
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#Doge may be on a Bullish run todayAs you see we are nearing the Apex of this wedge pattern, if we are able to break through & create a Higher High we may be on a bull run today.
The RSI indicates we just broke the bearish trending line, may see a slight retest with a bull push following suit.
If we happen to break the lower resistance we will fall into another bearish trend, only time will tell.
*NFA
DOGE, Dogecoin - we can reach a new low. See why...The price broke through the accumulation zone downwards. This is the first and the main reason for the further decline. We don't have the power for growth. I think we can reach a new low. The entry point for short after retesting to trendline.
Write in the comments all your questions and instrument 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
Doge- it can soon break under 0.3Like a lot of the coins, also Doge is on a downtrend.
The recent rise in Bitcoin translated into sone anemics rallies for this coin which reinforce my bearish outlook.
I expect a break under 0.3 soon and 0.2 zone is my target.
Doge above 0.35 would negate this scenario
DOGE/USD to $2.80+ ? Potential Long Depending on MarketI'm seeing a similar pattern to the last big push and consolidation. If it repeats the same we are about to have a big pump. RSI similarities as well. We have been pinging off the same spot that has resulted in the previous pumps. A stop loss below the yellow dotted would probably be a good idea. A lot is unpredictable currently with everything in turmoil obviously. 55/200 EMA profile even looks similar. Time will tell. (Blue drawn line is just an example of what may unfold if history repeats again)
Disclaimer: Trade at your own risk, I am not a professional. I'm simply sharing my thoughts.
DOGE short term view Hello there!
Looks like we may be going for a little dive.
I am looking for confirmation on retest of trend line 🐶
Trade is invalid if we break above 💲0.38
Let's see and always remember ⏬⏬😉🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you so much!!!!
Jazerbay
🧡
Dogecoin, Doge - yesterday I said about it. (-15%)💰In yesterday's video, I told u that coin formed a good breakout pattern. Today price dropped by 15%. Congratulations to everyone who was with me. Now the best scenario will be to pull back to zone 0.36. But it doesn't mean that u must buy now. Wait for a new entry point.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Doggy to 1$ ?So Coinbase list + Kraken List today = More liquidity.
i'm not a fan of memes coins but as trader i like to buy the rumor and sell the news.
i don't know if my timeline will be correct on Doge because this coin is like a Pump and Dump coin with 0 Tech.
First u have to know for the story that one whale is controling 28% of total supplies in 1 single wallet corresponding to 12 Billions $+... could be Elon... could be someone else..in any of that cases if a Monster Whale like that drop his coins, you all know what will happen. TOTAL REKTTTTTTTTTTTT!
So i tell u my strategy with Doge ( i dont own a lot ) it's like 0.1% of my bags...
- When Doge Dip, i buy.
- i use a tablet with a Fake Twitter Account and i follow only Elon Musk.
- When Elon Musk have nothing to do and Tweet about Doge, my tablet "RING RING".
- Doge pumps, noobs buy.
- When it pumps 30-40% more, i sell my Doge.
- i wait for REKT again.
- When Doge Down i rebuy again and wait the next Tweet.
- Simple Loop Strategy.
i am 99% Sure that Elon play with that also, he uses his twitter to make more money, not fair but so easy for one guy with a lot of power like him..
SEC would fine him if tweets about stocks ( STONKS!)... so he plays with Doge more safe for his fiat wallet :D
U wanna follow what WHALES DO and not follow what u FEEL TO DO. We are nothing. Follow Bigs, use them and make money!
So if u wanna play with the Doggy...do it safely and wisely, take your profits, don't fall in love with any coin and invest what u can afford to lose.
Happy Tr4Ding !