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Dogeforecast

DOGE - Buy a break setup.Dogecoin - Intraday - We look to Buy a break of 0.0876 (stop at 0.0839) Daily signals are bullish. Pivot resistance is at 0.0875. A break of bespoke resistance at 0.0875, and the move higher is already underway. Trading close to the psychological 0.10 level. We look for gains to be extended today. Short term indicators have turned positive. Our profit targets will be 0.0989 and 0.1122 Resistance: 0.0835 / 0.0875 / 0.1000 Support: 0.0800 / 0.0760 / 0.0700
Long
by Signal_Centre1
DOGE/USD SCENARIOSHello fellow traders, as much as I hate this coin, there is money to be made on it. So I am currently looking at which way this price channel will break to decide a good entry point. I am clearly going for quick profit, not a long term hold given the volatility, and quite frankly the fundamentals behind the coin were made as a joke. This chart shows fibinacci levels whether to act as good TP levels or buy in levels. Also, the bearish divergence should be in consideration as well. Be patient and wait to see which way this coin will break. *In my opinion we see a pullback before another push forward, I am pretty much all in on BTC, but might throw a couple bones at this one given correct circumstances :)*
BITTREX:DOGEUSD
by KYLEKILLJOY
4 hour renkos doge to the moon. I would like to point out some key trends I've notice over dogecoin recently. First of I trade on kraken. It was very wild to see that doge has moved up so fast. I've been messing with doge since It was viable to me for two things. Consistent market making profits, and a low transaction cost way of moving currency between exchanges. XLM still works well for the lower transaction cost. Than I turn back Into what I'm really Interested In. But Kraken was moving up perfectly to break the high from the recent pump, and dump. But It ended the following rally at the exact same point of .088. Wow scary but the market recorrected ~25 percent In the next four hours. But after Doge was still In a parabolic state. In my opinion It overstayed It's welcome. Since than On kraken I'm currently looking at a beautiful four hour chart. After pushing towards a new local low at .0617330 on kraken We've seen higher lows, and higher highs. It's Important to not these are extreme velocity movements. 15 minute candles going down 10 points from .08 to .07. Yet over the past four hour periods things have changed as the velocity has dropped continuously. So what does this tell us? Well Doge Is taking In all of that recoil posing Itself for extreme movements In one direction. It's looking primed for breaking new high highs after coming down to earth to balance the technical side. This could be a beautiful rally. But this does not constitute any investment advice. Simply pointing out what I see. Let's dip Into the chart I posted on renkos of doge. Renkos are great for analyzing overall direction of markets. This Is because they are very difficult to make. Put simply whatever chart your'e using they take that integar x 14 periods default. Now If you the Average True Range over that period It has to break a certain point to make a block. Or to move down break blow a point. As you go down with Renkos In charts from say this you will see a lot more Insight Into where doge Is, and has been heeaded. Notice the four hour renkos starting to form for doge. Than pull back. Note these higher level renkos for doge are a much less frequent occurrence. So I'm keeping my eye on the market for that next step up to hopefully breakthrough 10 cents and push up hopefully to the 15 cents range. Although technically speaking the fundamentals are what's bringing our Analysis of past data out of proportion. 12 or 12.5 Is more realistic from just a technical perspective alone. It's very Important doge was able to match the pump and dump on It's own. Now I'm watching for the velocity to move one way or another. When we do push up and make our next new high high the market Is Ready for that. Compared to when we were going parabolic recently. Yolo! I'm getting started on trading view. I very much appreciate any feedback, follows, likes, and comments. I'm working to continuously prove. I truly appreciate the support I've received so far
BITTREX:DOGEUSDLong
by Cryptohustler247
4
where the DOGE out? lets the DOGE run fast...on the current Doge / Usd analysis, I see there is still continuity for the bull trend. If the elliot wave notation is correct, with the validation line limit indicated, the current price could be corrected to 0.055 then continue the bull trend again (as illustrated by the orange line) the maximum limit so that the trend does not change is at the price of 0.041 on the brown line. I personally still see that DOGE will continue its bull trend for this month
BINANCE:DOGEUSDLong
by Hokusai_FX
DOGE a Pump and Dump???A few things to think about: Why is DOGE up? DOGE pumped because Elon was pumping it. Along with may other pump and dumpers. Now Elon the day after he pumped DOGE more(today), he released that with tesla he put $1.5b to bitcoin. So is that reason still valid? No. Elon pumped DOGE most likely to to get into bitcoin. So by pumping doge he drew money and attention away from bitcoin to get in at a good price. So now that the reason is not really valid the only thing DOGE has going for it is the meme. That is not any different than it was before, therefore, it will most likely go back to the historical prices. How does doge chart look? Right now it looks like it is in a rising wedge which is a bearish structure. And, if you look at the weekly timeframe you can see doge every few months the price pumps then dumbs to the $0.00XX area. Yes, the price could go higher breaking ATH but it is unlikely because it look bear in the RSI too. Overall: I would not trade this it is very emotional. Even though I think it will come down shorting can be dangerous.
by Sicklezi
3
DOGEBTC new potential entry!Hi guys, if you like this post, please support me by clicking the like and follow buttons and leaving a comment! Thanks! DOGEBTC has respected the 200MAs on the 1H timeframe and bounced off of it a couple of times, each time doing a 2x. Last time I posted a long on DOGEBTC, it went up 150% (post linked below). If price comes back down to the 200MAs again and hold, we could see another pump. Invalidation if price break and close below the 200MAs. DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
by cryptotraderog
11
Dogecoin to the moon. Jump on the rocket before It's to late!So I've been following dogecoin for a while now. Since It started It's journey upward to the top ten crypto coins by market cap. Things are building up for a great set up. Every day doge get's more attention. Good or bad doesn't matter. Now since the Super bowl was put up on youtube with Elon Musk's support on twitter we had a nice little rally. I'm on kraken and wow the price reached the exact same price of .088 as a high In this rally that It did In the recent pump and dump. A perfect double top . The next four hour candle following had a Instant correction of ~25%. Since breaking out of the bull flag shown recently It has been trending upwards In an ascending triangle pattern. It's looking to be bullish In the next four hours. After finally dropping out Of the bollinger bands for a full candle It bounced back up of the first moving average It hit. Now the PR effect from the superbowl ad will take some time to have It's full effect. But more people are searching doge on google than BTC . That was before the ad. The target market consists of people that I feel are less risk aversive than average. It will take time for them to go through kyc and buy doge. The noobs anyways. Also on Kraken the traders of doge In general seem very sophisticated. With over 50 percent of doge In the top 20 addresses, and one containing 27 percent I can see why. But these are going to be aggressive buyers. Especially as the market start's to rally, and they can't get filled. I predict we will be seeing a lot of market buy's or limit buy's Into sell positions. Giving the price a nice little boost that the current trader's will facilitate as the market move's towards equilibrium. The question Is will there be another rally before this. Doge Is picking up more Interest by groups on social media looking to pump and dump assets to come up. Elon will be there with me. Snoop dogg, Soulja boy, Gene Simmons, That one Jonas brother, and more celebrities continue to endorse doge In their own way. The snoop doge meme was dope. Plus the . 05 cent meme on 50 cent. But even the naysayers of doge, and crypto In general only half smash doge. They all end up boosting It In one way Another to. Like Peter Schiff, professional crypto hater went Into doge as he saw the opportunity was ripe. Ending by saying that doge does Bitcoin better than Bitcoin . Even Bitcoin advocates see dogecoin as a potential BTC killer. So one of the big thing's that motivated this whole movement Is Elon Musk's constant support of doge on twitter . With his millions of followers the fallout of this movement will be seen for the rest of the year. Now one of the motivators for the creation of cryptocurrency through distributed ledger tech created In the early 1600's was our Institution's were In power given their centralization. Leading to BTC being made as a decentralized crypto. Well The CEO of Binance argues doge Is fairly centralized given It's distribution. But those addresses consisting of most of doge have been Inactive for long periods of time. They are long positions. They are In power. I'm good with that. Our Interest's are aligned. With that being said we are In for one heck of a climb. Just make sure you don't stay on this bus If It start's crashing. One of the reasons I'm one of the under 6 percent of people that are non-institutional investors, and are actually profitable Is because I know when to take my profits and walk away. It's hard sometimes. I'm a perfectionist. But overall It's not optimal to push your limit's to the max every time. That's why Elon Musk's constant haters that actually think he lost them money due to their Inability to perform actually lost money. Which I pointed out that the sad thing Is they don't realize they suck at what they do. This Is why I emphasize continuous improvement, and constant growth on In Intellectual level are critical to being a successful day/swing trader. Ask yourself every day, did I learn something new today that Is critical to achieving my goals? If not, I would suggest you make that change. It's ok to not be profitable when you start trading. But the way you look at things completely changes day by day when you're willing to put In the time! Let's push doge to mars screw the moon!
BITTREX:DOGEUSDLong
by Cryptohustler247
7
Dogecoin Cup and Handle****See my previous Dogecoin idea "My Doge Dream" and be sure to push the blue play button on the right side of the chart to see how my original call for a Doge Cup and Handle has played out.**** On the 4hr chart Doge seems to have formed a cup, so I'll be watching to see if a handle develops. If we do get a move down to form a handle then a break of the handle or the neckline could be a good long opportunity. I'll be looking for Doge to find support somewhere in the .786 to .618 range. If we move down below the .5 Fib of the cup and handle measured move then I would consider the formation undeveloped or invalid. If we get a break of the neckline after the handle forms then my target for Doge will be about $0.12. I'll be hiding in the bushes and watching to see what happens with Doge. Owhooooo!
BITTREX:DOGEUSD
by Akamer-the-Werewolf
9
Doge to moon!Hey! I am back with yet another idea. Dogecoin, a meme coin that is being widely accepted as a payment solution between many young enthusiasts. Remember, it doesn't have to have a perfect payment solution, it's about adoption, and an idea of paying via Meme is crazy and possible at the same time! The richest man on this planet is praising this Coin, my idol. I am in since $0.048 cents and I am looking to make a 100% profit on this coin and taking profit slightly below $0.10. I believe the price of Doge can easily go above $0.10 Technical aspect is saying that gains are likely to be extended in the next couple of days. Good luck!
Long
by TiborVrbovsky
1