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Dogelong

Dogecoin (DOGE) Technical Analysis and Trade IdeaDuring the recent rally, Dogecoin (DOGE) exhibited significant bullish momentum. In our video analysis, we explore a potential buy opportunity, provided that price action aligns with our entry criteria. Let’s closely examine the 1-hour chart: Market Structure Breakout: The previous bearish trend has been disrupted by a bullish breakout in market structure. Long Bias: While my bias leans toward a long position, it remains contingent on price action developments retracing into my Fibonacci zone, as outlined in the video. Please keep in mind that this content is for informational purposes only and does not constitute financial advice. Make independent trading decisions based on your risk management strategy. 🚀📈
Long
by tradingwithanthony
2
DOGE/USD T Bullish Momentum, Support Zones, and $1.60In this DOGE/USD trading analysis, we examine the market movements since 2021, highlighting the rapid rise in price that surpassed the previous all-time high (ATH) and extended into the TP (take profit) zone. Identifying major structural zones on the line chart, a common pattern emerges, signaling another potential bull run for this cycle. Support has been established around the $0.05 level, confirmed across weekly and monthly timeframes, after hitting our TP zone and displaying strong momentum. While we may have missed the ideal loading zone, indicated by the break through the bullish flag pattern, attention is drawn to potential loading zones around the $0.17 or $0.10 levels. A less likely scenario involves a retest of the $0.05 level, with the $0.10 mark showing stronger structure on the weekly timeframe. Current TP levels are set at $1.60, but caution is advised regarding the previous ATH, which may act as resistance. Scalpers should be cautious around the TP level, considering the previous TP level was surpassed. As always, it's essential to acknowledge that trading involves inherent probabilities, and the analysis provided here does not constitute trading advice. Traders are urged to conduct thorough research and manage their risks accordingly. Dollar-cost averaging is underscored as a prudent approach, with a reminder that investing often yields better results than frequent trading. Wishing all traders success and profitable trades. Keywords: DOGE/USD, trading analysis, bullish momentum, support zones, TP levels, loading zones, bullish flag pattern, resistance levels, dollar-cost averaging, investing, risk management, trading advice, scalping.
BINANCE:DOGEUSDLong
by PlutusX
DOGE DOGECOIN Technical Analysis And Trade IdeaIn recent times, DOGE has showcased a robust bullish trajectory. This video meticulously delves into the Dogecoin trend, intricately scrutinizing price action and pinpointing potential trading opportunities through a comprehensive evaluation across both the weekly and daily timeframes. Expect a thorough examination of price dynamics, market structure, trend analysis, and pivotal technical analysis elements. It's imperative to highlight that the information presented is strictly for educational purposes and should not be misconstrued as financial guidance.
Long
by tradingwithanthony