Dogeforecast
Bullish Symmetrical TriangleThe previous Cup and handle pattern is now invalid and we are in a much larger Bullish triangle if we can hold above 0.3. Volume has been decreasing during the triangle formation which is a good sign. a break and hold above the upper trendline on heavy volume would confirm an entry to much higher prices possibly to the 1.618 fib level which would be 1.05c.
DOGE Breakout PrimingFrom what we see in the charts, $DOGE is holding strong in its current accumulation zone. Though the RSI, MACD, and Oscillator are signaling a sell-off, there is little evidence through volume and investor sentiment that the price will drop much lower than ~$0.375 range. Keep in mind that 4/20 (tomorrow) is said to be another day where people are coming together to pump $DOGE up so prepare for that major uptrend as well. My personal opinion is that we wait for the price per coin to drop a bit more before jumping into it. However, do not wait too long because later tonight, people will be buying up $DOGE and the price with naturally climb before tomorrow.
Happy Investing!
WOW Cup & Handle breakout to 0.67 ImminentA beautiful Cup and handle formation on the hourly chart, handle formed on decreasing volume (and stayed above 50% level of the cup), bullish volume increasing looking for a breakout above 0.45.
Top to bottom of cup is 0.22c (0.45 - 0.23) so our target price is 0.67 (0.45+0.22) which lines up perfectly with our 0.618 fib extension (confluence)
0.67 her we come.
Let me hear your thoughts.
Dogecoin- New ATH very soon?Dogecoin was almost unaffected by the big sell of in crypto market and the coin recovered very quickly the intraday losses even closing with a pretty good gain
This is a clear sign that bulls are strong for this coin and I expect a new ATH and 0.5 very soon
0.33-0.35 is my buy zone and I expect acceleration above 0.4
DOGE/USDT : Possible recovery for DOGE BINANCE:DOGEUSDT
Hello everyone 😃
DOGE had a breakout from it's bullish flag.
Now it's trying to break resistance..
MACD had a bullish crossover and volatility is being bullish !
It's possible for DOGE to reach higher levels..
📌 It's will be safe for DOGE after a breakout and taking hold above current resistance.
Otherwise it will being rejected from resistance and dive to lower supports...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
DOGE: At critical -50% from ATHDOGE has been nothing short of phenomenal these last few weeks. It has gained over 350% during the previous seven trading days. It is only befitting that it has lost 50% so quickly after such a tremendous extension higher. The chart shows this critical % decrease through the use of Gann box squared at the rate of 0.0035 per 2 hours of trading, the current rate of change that I was able to decipher. It seems to be in an excellent position to continue its trajectory higher; however, if the crypto spectrum goes through a correction phase, DOGE might correct further towards the 75% decline point, but that is yet to be seen during the upcoming few weeks. The chart shows two potential long entries with detailed risk profiles of not less than 4R return. If there's anything that I am missing, do drop a line in the comments section. Best of luck, and stay safe!
$DOGEUSD Hello everyone, as you can see on the chart, Doge may have finished its big correction since it has double bottomed in the last few days. What can we expect now ?
After the last correction, the price has gone through a 50% growth, so it's more likely to replicate the same thing. Remember not to sell right now, it has a lot of potential. Tomorrow is the Doge Day, we hope to see at least a 50% growth.
And you what is your short term target ?
Could DOGE hit 1usdWell if it is following it current trajectory of the up channel it is moving. It should very quickly reach 1usd as the ceiling has moved enough for it to go straight to it. But there might be quite a drop after reaching it for a retraction.
This is not a financial advice, just an idea if it could follow a certain trajectory.
DOGECOIN took support at 0.24-0.26 and forming a Pattern on 1H▫️DOGE took support at 0.24-0.26 price ranges and forming a descending triangle pattern.
✅ You can add positions if the trendline breaks with high volume.
✅ Book profits partially for every 10% increases on doge.
✅ If the support breakdown then wait for next opportunity.
✅ If you're beginner it's better to stay away from Doge.
Note: A descending triangle can be either bearish or bullish. Traditionally, a regular descending triangle pattern is considered to be a bearish chart pattern. However, a descending triangle pattern can also be bullish. In this instance it is known as a reversal pattern.
DOGE - all bullishLast week champion Dogecoin was able to record a 450% increase. However, over the weekend, it purged some FOMO traders with a +48% price correction.
The bullish bias could support a new ATH above 0.45 handle (reached last Friday) and potentially with a clear path towards $1. Remember that risk management with cryptos is a bit different from Forex. It doesn't mean that you should not use a proper risk when trading crypto, but the contrary.
Crypto market volatility is a different beast. Keep that in mind.
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Doge is resting quite well. Long term still bullish.When other cryptos were crashing in a flash, strong Doge was holding support levels. Possible path to new highs - close above 0.328, then close above 0.3655 and then close above 0.398 would give final thrust to new highs as long it doesn't close below 0.24 any day. Note that 0.328, 0.365 and 0.398 are resistance levels for now. Those resistance levels need to be conquered by bulls in show of strength to keep moving forward. Some pullbacks along the way are okay.
Dogecoin is bullish again for the next weekMy view on Dogecoin for the next week, based on the patterns that has taken place the last week.
Blue = Very optimistic
Green = Pretty optimistic/realistic
Yellow = Very realistic
Orange = Pretty pessimistic, slow realistic.
THICK WHITE LINE = DOGEDAY prediction for next tuesday 04/20!
I don't see it to go down for now because it has found a strong support on the 0.22 and 0.26 area. NOW it's also respecting the last uptrend line for this moment.
It is narrowing down from the upper and downside, strong bullish momentum coming up OR a long period of consolidation before going up.
FUN FACT: the blue area on the chart (the blue square box area) is 20th of april, also known as DOGEDAY. The doge fans will try to push dogecoin to $1,- THAT'S 3X THE VALUE ON WHAT IT IS RIGHT NOW!!!! :D
I personally think it's honestly a bit too optimistic for the moment, but I surely think that it will hit $0,50 or maybe $0.60 before retracing back down again.
My personal recommodation would be: buy dogecoin now and hold until Tuesday/Wednesday at latest before the retracement back down. OR: buy now and hold for the next 2 till 10 years. Because it's going to be a wild ride! That's for sure! :)
Dogecoin - Repeating Past BehaviorFrom what we see, DOGE has a repeating pattern in that we have 3 basic trends in common. 1st, we seen an unpredictable spike of over 200% per cycle. Each spike being between 200% to 1,000%. 2nd, there is a price drop of ~50% with a short term recovery of 25%. 3rd, after steps 1 & 2, DOGE enters an accumulation period of about 30 to 70 days before seeing its next spike!
Why is this beneficial? One, this allows investors to cost average and continue to put money in over a stable period without fearing FOMO. Two, we can predict that large spikes (100% of the time as of right now) do not drop below previous valuations. This means that even if it takes 100 trading periods to cross into a new (ATH) all time high, we can confidently assume that a new ATH of at least 200% will be reach.