Dogelong
DOGE’s path to 9 centsDoggie broke out from the symmetrical triangle. Dropped back to its apex to confirm support and now on a parabolic uptrend (1h chart).
Looking ahead, if BTC remains bullish or range bound, I anticipate this small Doggie parabola to fail at resistant level of 0.062-0.063 resulting in a small retrace. Eventually Doggie will ride the BTC bull and breaks through.
After that, the next resistant level is looking to be the E-Muskee tweet All time high right below 8 cent.
Next up is the eventual mark of 9c where the full triangle target plays out, also corresponding to Fib extension of 0.618.
Just some 💩 I came up. Cheers!!!
Doge will explode +150% incoming✅ Buy: 0.052 - 0.054 ✅
🎯TARGETS:
1- 0.059 (10.18%)
2- 0.066 (22.22%)
3- 0.073 (35.18%)
4- 0.081 (50.00%)
5- 0.097 (79.62%)
6- 0.108 (100.0%)
7- 0.119 (120.3%)
8- 0.135 (150.0%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below 0.042
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DOGECOIN (DOGEUSDT/DOGEBTC) Potentail Long Entry 2021/03/11Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $0.0535-0.0545 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Doge see this!I just sold myother positions and i bought Doge coin.
Its true that this coin will rise up,
Well guys this is easy, we must break the A resistance, and we will. After that we will see a big jump to the sky.
See the colours to understand where are we and where we are going.
Any other coin, ask here
We believe in you, Doge!It is time to explode! Everyone are waiting for it.
So this reversal head and shoulders may be a good signal to make first step of getting to the sky.
The volatility of a coin is high on small frames but it is still in side trend now.
So follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
DOGE/USDTDoge is in an interesting accumulation formation, and at the moment its price is below the Ichimoku Cloud, which may imply a new setback before it crosses it. I understand that the Cloud above the price acts as a resistance region, and the more dense it is, the more difficult it overcomes it. With that in mind, we can see that in this case it is not that dense, so it does not seem like a strong resistance (I may be mistaken, of course). So, the best thing to do is to wait for a price consolidation above the Ichimoku Cloud for a safer entry and with greater profit potential.
It is also important to note that the volume has been falling in recent days and at any time we may have gained volume due to the optimism that the market has shown today (if it will happen ... Well, I am not a seer lol).
WT_CROSS indicates upward movement, Weis Waves has been forming small and almost inexpressive waves, considering also the volume traded and the fact that the price has formed an area of accommodation, I believe we can see the price evolve considerably, if not in the next hours, but in the next days.
Important to note: always do your own research and remember that the decision to follow this idea (which is personal) is not mine. Therefore, this is not a financial advice.
Good luck!
DOGE primed for a massive 100% move to new record highs
Dogecoin bounces off from the support at $0.04, setting the ground for gains above $0.11.
DOGE is looking forward to a triangle breakout targeting a more than 100% move.
The upswing may fail to materialize if the immediate 50 SMA support is broken.
Dogecoin is teetering at $0.05 after recovering from the dip that occurred across the market earlier in the week. Before the broad-based declines, the ‘Meme Coin’ had been losing ground below a descending trendline.
The support at $0.045 played a vital in stopping the declines, allowing bulls to focus on higher levels. A breakout from a descending triangle is expected to elevate Dogecoin to new all-time highs.
At the time of writing, DOGE is dancing between the 50 Simple Moving Average (SMA) on the 4-hour chart and the 100 SMA. It has already broken out of the triangle pattern. The 100 SMA currently limits its upside.
Note that triangles are known to have exact breakout targets measured from the patterns highest to the lowest points. While descending triangles are generally bearish, they can also result in bullish price actions.
As for Dogecoin, trading above the 100 SMA will live open-air for exploration. It is worth keeping in mind that some hurdles are expected at $0.07, $0.09, and $0.1. However, if a breakout materializes, DOGE will rise to a new record high of around $0.11.
On the other hand, it is worth keeping in mind Dogecoin is resting on a robust support area reinforced by the triangle’s hypotenuse and the 50 SMA. Holding above this region is critical to sustaining the uptrend. However, declines back to $0.045 may come into the picture, and investors could also panic-sell, adding to the bearish pressure.