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Dogeforecast

$DOGEUSDT DogecoinWhat is Dogecoin (DOGE)? Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply. Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined. Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes. The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
Long
by BADQOMOCAWGOWLD
2
Doge Usdt 10/20When we look at the monthly graph, you can see that it is at an all-time low. If you look at both the harmonic graph and the formation graph in the monthly period, you can confirm this. When we examine the data of indicators in the monthly time frame, it is possible to receive signals that they are on an upward trend. In the weekly period, you can see an internal fractal harmonic pattern that the trend will return upwards. In addition, when we examine the graph in the weekly and daily time frames, you can see that price movements are consolidated and stuck. When we look at the previous supply areas of current price movements, we can think that this area constitutes strong support and will not easily allow further declines. When we project from past to present, we can see that trend movements are now positive. With an optimistic attitude, this may be an indication that the downward trend has come to an end. However, when we examine the latest price levels, we see that we are trying to complete a harmonious pattern. However, it seems that the D leg has not yet been created. Although leg C appears to have formed, there may be back tests and the price may continue the upward trend by falling slightly lower. Based on this data, we can begin to plan resistance target levels by thinking that it will soon be on an upward trend. Regardless of the pattern that will be generated, it will be possible to determine an approximate sales area if we consider that foot D will expand to at least 1,618. When we look for a resistance zone by simulating the harmonic pattern, we can also see that the resulting price levels correspond to the previous supply levels. After approving the price increase, I expect that it will most likely reach the price levels that I mentioned in the chart above. This area is consistent with past pattern and price movements. However, if there is a strong trend, it may be possible to predict the next target price levels in this graph. When we measure Fibonacci levels by guiding the harmonic pattern, we may encounter resistance zones as follows; When we examine the index data in the daily period, the fact that the ADX is at 13 levels despite being negative gives the signal of an upward turn. When looking at Aroon, it's clear that sellers are getting weaker. The indicative level of buyers indicates that purchases will begin soon. When we look at wallet indicators, it seems that there are still no strong money flows. However, despite the lack of a cash flow, the absence of a strong downward fall is again a signal in favor of buyers. In conclusion, even if there are downward price movements that are not strong, I think that price movements will soon begin to climb upwards. Note: this is not investment advice.
Long
by CryptoBrainn
3
$DOGEUSDT - Breakout & Reversal play with 15% to 50% upsideTechnical Analysis (TA) Weekly Chart is showing signs of breaking out/reversing from the overbought zones. The daily chart is breaking out of the resistance level of 0.07776 and attempting to break above the 100ema with solid indications of a reversal. On the weekly we have plenty of space to fill up until the 0.09 level and further upside (if overall trends are good) to 0.117. Price Target Entry: 0.78 Target 1: 0.09 (+15%) Target 2: 0.117 (50%
Long
by subtlepapi
DOGEUSDT 3D Dogecoin price tries to find the bottomFor your attention, the DOGEUSDT chart trading pair on a 3-day time frame. The downward trend at the DOGEUSD price has been going on for more than 14 months and speculative interest in this manipulative coin has most likely disappeared in many. But on the other hand, there are probably many investors who are stuck in this coin and the deposit is now in a slump Most likely, this idea is primarily for them. More than a month, the DOGE price consolidating in the liquidity zone of $0,04-0,08. It was in this liquid zone at the beginning of 2021 the DOGEUSDT price consolidated before the final pump by 1400% in 2021. Currently, we do not believe that such a powerful pump will be organized in the near future. However, at the moment, a "Double bottom" reversal pattern is forming, just like at the beginning of 2021. The first strong resistance level from above is $0,08, the next is $0,1 The negative scenario will activate if the sellers manage to fix the price below $0,04, then a continuation of the strong fall in the Dogecoin price is possible _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
15
DOGEUSDT: LOCAL WAVES COUNTHi all. Decided to share a trading plan for DOGEUSDT. Actually, I expect that the market structure will complete the corrective formation in the form of a 3-wave pattern and the price will begin a quick recovery. With an average price of a formed long position of 0.057, you can get an excellent ratio of possible risk to profit - 1:5. In the case of strong rally, the coefficient can grow up to 1:15. The driver can be the recovery of the price of bitcoin( my trading plan for BTC at now ) , as well as any public information from Elon Musk regarding DOGECOIN :) Best Regards, CEO Tornado Capital
Long
by HurricaneCapital
4