DOGE COIN MOON OR DOOM PART 2Dogecoin has definitely been the hype coin of the week reaching a new ATH in a very short period of time - largely due to all the hype spread form WSB and Reddit.
Currently, Dogecoin has broken out of a pennant it has been in since the newly found all-time high - while finding support on the new up trend line although briefly breaking below yesterday.
If doge can break above a strong resistance level of $0.040 we could potentially see a run-up close to the newly set ATH - bear case: if doge fails we could see it retest the $0.030 - 0.020 range.
Always be safe when trading hype coins as market directions can change rapidly - let me know what you all think doge will do over the next few days!
''Buy Big Sell BIGGER'' - MegaWhale
Dogeforecast
DOGE 6h Impressive prospects if all goes wellAnd we continue our review of crazy DOGE
It seems that it is in someone's plans to sell DOGEUSDT very, very expensive.
If we look at the chart, we will see that the buyers did not even let the DOGEUSD price go down to the lower border of the consolidation triangle.
The upper border of the triangle is at the level of $0.055
The liquidity zone on top is $0.060-$0.070, which will be difficult to break through without next Musk's tweet.
It's scary to write the global goal DOGEUSD :) it's better to denote everything with arrows on the chart.
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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 :)
My Doge DreamDogecoin could be in the process of printing a very large Cup and Handle.
If this plays out then the target would be above .10.
The harmonic that you can see in my previous posts about Doge would result in a similar outcome.
My whiskers are telling me that this coin has some momentum.
Are you howling for Doge?
Owhooooo!
Bought the DOGE DIPThey say DOGE is just another meme coin, well it is but memes have proven to be quite good bets if you know how where to get in and practice some trade management.
This Dip looks quite clean, touching previous support and previous area of interest.
Volume is not that high right now, but we might soon pick up more steam with some luck.
Let's wait and see.
Levels to keep an eye on! As DOGE goes into uptrend.My previous rule was in play for the downtrend line it recently broke upwards through, so it's no longer in play, but it still can give some resistance.
The resistance levels to look for during its climb will be approximately be (the MA numbers will change as the price moves):
50 day moving avg $0.0352
61.8% fib $0.0373
100 day moving avg $0.0380
Then it would climb up to $0.0469 which is the 50% fib of the entire rally, and past that... it would go to the moon :)
The Bottom For Wave 2 May be In.Intermediate Wave 2 retraced back to the 0.786 level at $0.03177
I entered my position at $0.035
Stop Loss is $0.03 (I May just hold through)
For more information, please view my related chart below
Not Financial Advice. Please invest only what you can afford to lose. Limit Risk using stop losses below support levels
Will we break above or below?Current trend lines are holding but soon will have to make a decision within a few hours.
Break above $0.043 and we're going higher.
We can consolidate out of the support line, and the we may break out tomorrow.
Support levels:
$0.0372
$0.0361
$0.035
Center white line of Bollinger band and the Blue and Orange moving averages are also acting as support.
DOGE MACD about to cross on 4H chart and DOGE/BTC has an ascending triangle pattern.
Not Financial Advice. Please invest only what you can afford to lose. Limit Risk using stop losses below support levels
Dogecoin Looking Tasty!I've been hiding in the bushes and watching Dogecoin.
It could continue to limp along and consolidate, but it may be breaking out and looking for continued upside. I don't think the current momentum will allow a big move to the downside. For me, if we touch the ascending trendline that would be healthy and I would look to bounce up from there.
The dashed trend lines on this 1hr chart show another way to potentially draw the triangle.
What do you think about Dogecoin?
Owhooooo!
DOGE Triangle Pattern - Long @ 126 SatsTriangle Consolidation pattern on DOGE/BTC.
Resistance at 0.00000125 BTC
Support at 0.00000107 BTC
Price Target remains 0.00000214
Coincides with my DOGE/USD price prediction.
Not Financial Advice. Please invest only what you can afford to lose. Limit Risk using stop losses below support levels
Dogecoin Howling for the Moon!?This 4hr chart has me howling for the moon for DOGE!
It looks like we have broken out after retracing to the .786 Fib.
If a rejection happens at or around the .5 Fib I'd look for a solid bounce off the purple rising trendline.
If we touch the purple trendline it could send Dogecoin into a parabolic uptrend to test resistance at the previous ATH.
Here is a little more detail. We could be backtesting the .5 Fib as support.
What are your whiskers telling you about Dogecoin?
Owhooooo!
DOGE 4h Dogecoin Pump finished ?DOGEusdt chart for those who like to play with highly volatile assets.
Lower support levels are 0.025$ and 0.017$
The active sales are around the area of 0.06$
We described in more detail what happened to the Dogecoin in our previous idea.
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DOGE -- throwing some at it to go and stay longTrying to apply my strategy used in stock equities, focusing on Supply and Demand Zones, Fib Retrace Levels, and Elliot Wave counts.
Simple set up here, for me at least and how I'm looking at it. Per my count where I started, after all time highs, price came down right to the .618 fib retrace level around 0.0067094. This area aligns well with a Demand Buy Zone shown in the grey box. This would represent a wave one up (blue Roman numerals in circles) to all time highs, and currently in a wave two retrace represented by the pink A B C count.
Above this level I'll maintain bullish outlook, especially with the wave 3 projection (blue Roman numerals in circles) having a price target around 0.046!
Gameplan:
- potential Wave 3 can start here; the explosive wave!
- currently bought into the crypto and, with price looking like it can consolidate more around this current price and if it holds/stays above 0.0066200, I'll continue to slowly put more money towards it.
- always going to keep exposure at this because you just never know what can happen! I can live with a few dollar loss, but would be kicking myself if I missed a massive surge!
DOGE 12h Dogecoin + Defi = Pump!And we return to the Dogecoin joke-project. In the previous idea, we described how the project hyped on Elon Musk's tweets and predicted the price movement very accurately.
Yesterday and today DOGE continues to hype, becoming part of the Defi sector.
Dogecoin is now available as renDOGE on the Ethereum network, opening up a whole new world of opportunities for the crypto community.
The Dogecoin community can now hold DOGE while spending and participating in DeFi.
renDOGE is the tokenized version of DOGE running on Ethereum.
Users can mint DOGEO, stable coins pegged to dollar 1:1, with the help of their Dogecoins.
Such a news background, in less than a day, gave neither more nor less, only +100% :)
What is waiting for us now? Most likely a correction...
The level closest to the bottom is $0.01.
If the price stops there and there are signs that it is possible to buy long, then we can expect another move x2 to the absolute high of the beginning of 2018, around $0.2.
_______________________________
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 :)