Dogeforecast
DOGE - 6h. Easy correction before the test of $0.7?A promising triangle in the DOGE market, which formed after a 53% fall in price, disappointed investors. On March 20, the DOGEUSDT price went out of the triangle downward. Our previous idea partially worked out and we decided to update it:
Sellers withstood the attack in the range of $0.059-0.062 and a new wave of decline began. However, This wave of decline is more like a temporary retreat of buyers before a new attack.
Our opinion confirms the nature of the DOGEUSDT price fall within 4 days. Low volumes, modest candles and a stop at $0.52. It was this mark that was at first a problem for buyers, and now there is reliable support:
If the next local attack of sellers is weak and the range of $0.052-0.054 remains under the control of buyers, we will expect the price to rise with two targets: $0.06 and $0.07.
Loss of this range will continue the correction of the DOGE price to $0.047. However, for now, this is an alternative scenario.
________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
DOGE’s path to 9 centsDoggie broke out from the symmetrical triangle. Dropped back to its apex to confirm support and now on a parabolic uptrend (1h chart).
Looking ahead, if BTC remains bullish or range bound, I anticipate this small Doggie parabola to fail at resistant level of 0.062-0.063 resulting in a small retrace. Eventually Doggie will ride the BTC bull and breaks through.
After that, the next resistant level is looking to be the E-Muskee tweet All time high right below 8 cent.
Next up is the eventual mark of 9c where the full triangle target plays out, also corresponding to Fib extension of 0.618.
Just some 💩 I came up. Cheers!!!
Doge ready to cross 0.1usdtI am not financial advisor.DYOR
EMA and MA hourly,daily strong buy signal
All over technical indicator strong buy
Ready to parabolic break anytime soon.
Buy zone 0.054-0.057
Can buy on current price also.
Tp1 0.098,Tp2 0.13,Tp3 0.17 Tp4 0.2 Tp5 0.25
Let's watch can be hit 1$ or not.
Watch my others predictions also.
Give me donations If you got profit with my previous predictions.I gave you very early signal of xrp and bnb,long time ago drep idea.Your donations encourage me to give you early signals. No big donations need only 10-100 trx/doge enough
Trx address- TTRcxfZq4RzNPbQfsLym3pe4pSpx1CsCeH
Doge address- D6yDiTg154RobA8mTMMHJZSHyekaNG49GL
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
DOGEUSDTIf you have DOGE coins, Don't even think about it twice. Sell it.
It's pumped too much already and it is obviously a fake noisy candle. It's not stable and has no data in the past supporting it.
Just do your research and check the history of this coin to verify my idea for your own.
No indicator supports this huge move up.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
Ðogecoin 1D possible breakout scenario of 2-month pattern $DOGE sometimes I say, a chart says more than a thousand words, wouldn't you agree?
I currently favour a break to the upside with a retest of this 2-month symmetrical triangle based on the MACD turning bullish and the MA's being in a good position. We have about a week before the triangles reaches it's apex so I might publish an update rather soon.
However If a breakdown occurs, I will trade it as it happens.
A move higher can easily be north of +100%, as for a breakdown a severe dump would follow to a maximum target of $0.022 (much doom scenario).
Dogecoin (DOGE) Trading Setup & MomentumWhat Is Dogecoin?
Introduction:
Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
Latest news:
Spacex and Tesla CEO Elon Musk has once again tweeted in support of dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will get a Shiba Inu, the dog breed featured as the face of dogecoin. Meanwhile, the coin’s adoption is growing, advocated by celebrities like Mark Cuban.
Dogecoin adoption has been boosted by Musk’s various tweets and support by celebrities, such as Shark Tank star Mark Cuban. Bitpay recently added DOGE to its list of supported cryptocurrencies and a growing number of crypto ATMs now support dogecoin.
Cuban’s NBA team, the Dallas Mavericks, has been accepting dogecoin for tickets and merchandise through Bitpay. On March 6, he tweeted:
The Dallas Mavericks have done more than 20,000 dogecoin in transactions, making us the largest dogecoin merchant in the world.
“We thank all of you and can only say that if we sell another 6,556,000,000 dogecoin worth of Mavs merch, dogecoin will definitely hit $1,” he added. At the time of writing, the price of DOGE is below $0.06.
Reasons of trade:
Well as you can see I do like trading old-school coins since I've been raised with them since 2012.
And for sure DOGE is one of my favs, and the first one to get a mining rig on. I only wish I've kept all mined coins back then.
Current closed trades (with success!):
Chiliz
Digibyte
BAT
SC
SC #2
StormX
For details comment at any time!
Don't forget to follow and like if you find this helpful!
DOGE Buy a break setup.DOGEUSDT - Intraday - We look to Buy a break of 0.0584 (stop at 0.0564)
Daily signals are mildly bullish.
The trend of higher highs is located at 0.0640.
A break of bespoke resistance at 0.0583, and the move higher is already underway.
We look for gains to be extended today.
Our profit targets will be 0.0638 and 0.0678
Resistance: 0.0583 / 0.0600 / 0.0630
Support: 0.0570 / 0.0550 / 0.0520
I looked at the inverse HnS on Doge ... is this a good chance?I looked at the inverse HnS on Doge ... is this a good chance?
If you look at the journey of DOGE prices to this day, DOGE is actually still in the opportunity for a bullish trend.
This is indicated by the price is always in the range 0.04 - 0.05 and last week if we want to observe more carefully, it turns out that DOGE is forming an inverse HnS pattern, this pattern is one of the positive confirmation patterns if DOGE will continue its bullish trend again.
The risk is still there, let's take the smallest risk by taking enough profit.
Dogecoin PossibilitiesI am noticing a few different things happening on this 1hr chart.
We have broken out of a symmetrical triangle. For me, the measured move target is about $.078.
I will also be waiting in the bushes to see if the bullish cypher (or another harmonic) develops. To me, this would be healthy as we would retest the trendline/channel and potentially take off from there.
I also see some hidden bullish divergence on the RSI.
Let's see what's in store for Doge!
Owhooooo!