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Dogeforecast

Dogecoin price rolls past $0.4 as trading debuts on Coinbase ProDogecoin has since mid-this week spiked incredibly, allowing bulls to regain some of the ground lost in May's massive cryptocurrency crash. Dogecoin dropped to $0.21 before making a brief recovery, stepping above $0.4. However, it retreated and remained relatively consolidated between $0.28 and $0.35. Coinbase Pro adding support for trading DOGE was a breath of fresh air to the popular meme coin. Investors welcomed the move with open arms, interpreting the event as validation of legitimacy. Moreover, some investors believe that Dogecoin could start being accepted as payment on many platforms, encouraging mainstream adoption. Investors started depositing DOGE to Coinbase Pro addresses on June 1, but trading will commence on June 3 to allow for liquidity building. Several crypto and fiat pairs are available for buying and selling the meme coin. Dogecoin settles above key technical levels Following the upswing triggered by the listing news, Dogecoin extended the bullish leg significantly above $0.3. The 100 Simple Moving Average (SMA) and the 50 SMA hurdles have been overcome, allowing the up leg to stretch past $0.4. At the time of writing, DOGE trades at $0.42 while embracing the 50 SMA as immediate support. The Moving Average Convergence Divergence (MACD) shows that the trend is in the bulls' hands. With the MACD swinging into the positive region and widening the divergence from the signal line, Dogecoin is bound to soar past the immediate hurdle at $0.45 and perhaps set the pace for gains eyeing $0.6. Dogecoin intraday levels Spot rate: $0.42 Trend: Bullish Volatility: Low Support: $the 50 SMA and $0.35 Resistance: $0.45 and $0.6
BINANCE:DOGEUSDLong
by CoinGape
IS DOGE REALY START, doge is trading above both DMA(21 and 50MA)Doge coin likely to completed its 3rd wave here shown in my chart, I think ABC correction phase also completed here and may have to completed 4th wave also and ready for 5th wave around 1.40 to 1.60 dollar 2.618 fib retracement. doge coin already breakout in daily time frame and trading above the both DMA's (50 and 21MA) which is very bullish sign RSI is 55 also try to break downtrend if it does break it doge will rocket sky from here Trading suggestion: ". There is a possibility of ABC correction retracement over to the suggested support line (0.35) hold. . if so, traders can set orders based on Price Action and expect to reach long-term targets." Technical analysis: . DOGEUSDT is already breakout its down trend, the beginning of an uptrend is expected from here. . The price is trading 21-Day DMA as well as 50 DMA . The RSI is at 55 which also try to break it downtrend, if it does doge will rocket from here Take Profits: TP1= @ 0.70 TP2= @ 0.86 TP3= @ 0.98 TP4= @ 1.29 TP5= @ 1.42 TP5= @ 1.60 SL= Break below Support at daily closed ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Thanks for reading, Trade well, ❤️ #DOGECOIN #CRYPTO #BULLISHRUN #ALTCOIN #5thWAVE #ELONMUSK
Long
by Bitking786
4
DOGE, Dogecoin - If it happens, I'll be happy🔥Dogecoin formed a clear triangle. I think if we drop quickly and break out the support level, after that, we go back to the triangle area and start squeezing to resistance, it will be a great pattern for buying. In this case, I'll be sure in a long position. 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
by Yuriy_Bishko
19
DOGE/USD - Market Turning AroundAfter some brutal weeks in the market, we are finally starting to see some bullish action for more and more alts across the entire crypto market. BTC might still be stuck in its current consolidation with no clear breakout or confirmation yet, but I'm expecting to see its price to be breaking out and giving us a clearer picture soon. With that being said we now look at DOGE. As you can see on the chart, the red trend lines marked a previous structure that I had broken down in a previous analysis. As you can see, we broke out of the structure as expected, but there was really no kind of buying pressure that took place directly afterwards. All in all, this led to price still respecting the trend line by bouncing along the it until a new structure had formed. This new structure that price had created (Symetrical Triangle) is marked with blue trend lines. We are now seeing that price has broken out once again to the upside which should be followed by a pullback and a further retest of its old structure before continuing in a bullish direction. The one downside is that since BTC is still in its current formation, it becomes difficult to try and predict what price action will look like with this current pair since BTC has such an impact on overall market behavior. I fear that if we see BTC continues within it's current formation that we might see more of the same as the first breakout discussed on DOGE/USD where we might bounce for a while while we wait for BTC to catch up. Thoughts?
BINANCE:DOGEUSD
by Trump4FxPresident