Dogelong
Something Special is Coming for DOGEFirst ever touch on the 200MA
50MA touches were disgustingly bullish
Will it have the same effect on the 200MA ?
I believe so.
% ?
Chart above also emphasizes the bullish possibility
Doge Rejected but wanting to make another try?Doge failed to get through it's local point of resistance at 0.21900, but I believe it will head down towards its support zone and then make another attempt to break through the 0.219 zone mentioned. Allowing some recovery time to be sure of direction we can setup a long play that will take us to the main Fib level just below resistance. If the prices punches through the support zone, this idea would be invalidated.
DOGE market updateHello, Traders!
DOGE ended its uptrend and lost 77% of its highs in value.
The market is under selling pressure, with DOGE also under selling pressure. Buyers hold $0.177 as a strong support level.
Those who believe in the "DOGE Power" and want to earn in case of its growth should hoard position in parts.
The first part can be taken in the range of $0.177 - $0.220.
The second, in case of further decrease in the range of $0.115 - $0.145.
Target price levels would be
$0,32
$0,40
$0,54
$0,70
The stop-loss order will depend on your risk management and the amount of money you allocate to a trade.
All risks need to be considered, and you should not open a trade with more than 10-15% of your trading deposit. It is always important to follow the basics of risk management.
Good luck and watch out for the market.
P.S. This is an educational analysis that shall not be considered financial advice
DogeCoin - Three Bullish Days! Where we heading next?🐕🦺Dogecoin is a meme coin based off the Shiba Inu dog. Doge was created in 2013 and has unlimited supply, unlike bitcoin.
Technically, we have had 3 bullish days which isn't something to take lightly, especially in this crypto dip, with price bouncing off the tagged support.
Is 40 cents a realistic target for Doge in the coming days and weeks?
#Doge floor .16 now let's get Bullish Here on the 1 hr chart you see we've created a bottom at .16 where we have touched that zone multiple times.
Before when we had touchrd down we bounced off then we hit the middle band & feel back to the .16 zone. But this time when we reached the middle band we pushed through which is very bullish, but we need confirmation before it's a bullish reversal.
*Not Financial Advice
DOGE/USD to $2.80+ ? Potential Long Depending on MarketI'm seeing a similar pattern to the last big push and consolidation. If it repeats the same we are about to have a big pump. RSI similarities as well. We have been pinging off the same spot that has resulted in the previous pumps. A stop loss below the yellow dotted would probably be a good idea. A lot is unpredictable currently with everything in turmoil obviously. 55/200 EMA profile even looks similar. Time will tell. (Blue drawn line is just an example of what may unfold if history repeats again)
Disclaimer: Trade at your own risk, I am not a professional. I'm simply sharing my thoughts.