DOGE Strong UP Reaction !!!Technical Analysis:
- As you can see in the chart, DOGE has a strong up reaction but we need more data for a confirmation to have a new structure
- Short term correction is finished in wave II in red
- We expect in the Short Medium Term ((3)) waves in black bouncing
- We need to cross wave I in red to get a more confidence up in a Bullish Short Term Structure
- H1 & H4 Right Side is UP
Technical Information:
- We like to buy DOGE in the Short Term Pull back around $0.0965
Dogelong
🚀Short-Medium Term $DOGE #Long Setup🚀#dogecoin #doge $doge #dogetothemoon
A short term descending wedge has formed, with the lower timeframe RSI's reset, down and away from the local POC. The bottom of this wedge has hit the immediate 0.618 fib level, however that more "macro" 0.618 level has yet to be reached. Coincidentally, the measured move of an invalidation would, in fact, take price down to this "Golden Zone". Here, I've laid out 3 different possible outcomes.
1) Wedge plays out and a new high is made around $0.083
2) Wedge invalidates and upwards short-term trend is lost and price bounces at the "Golden Zone"
3) "Golden Zone" is surpassed and the high-volume node below it catches the knife and price bounces even further.
#NFA #DYOR
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-Dogecoin (DOGE) rose by as much as 5% in today’s session, as the meme coin recovered from yesterday’s bear run.
Following a low of $0.07007 on Thursday, DOGE/USD raced to an intraday high of $0.07579 earlier today.
The move came as dogecoin bulls bought yesterday’s dip, which saw prices fall to a floor at the $0.07000 mark.
Looking at the chart, the rally also coincided with the 14-day relative strength index (RSI) breaking out of a ceiling at the 45.00 mark.
As of writing, the index is marginally above this point, with a current reading of 45.52.
The next visible point of resistance appears to be a ceiling at 47.00, which seems to be a reason why earlier bulls have begun to abandon previous positions.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
DOGE(based on NEo wave)hi. this is triangle correction, maybe when its finished impulse wave starts. I will keep this update so if the trend line breaks think about long position.
but it can has more complicated corrections so dont forget stop loss. we are at the bowtie diametric in weekly timeframe
DOGEUSD - A Healthy 30% Long Trade Even when Near Pinch PointSimilar to most (but not all!) cryptos out there currently, there's a long descending trend line which started forming around May 2021 and seems to have been keeping a limit of most cryptos ever since. DOGE is no different, it has recently tested this trend line and been rejected but seems to have been forming a smaller parallel channel of it's own...
This in conjunction with a Buy signal from Crypto Tipster v2 leads us to beleive that DOGE will likely stay within BOTH areas for the time, possibly heading up to the upper edges of these current trending channels - taking the price up a rather huge 30% from it's current place!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
DogeDogecoin beyond of Elon musk support OT other famous people is a usual coin.
Despite Elonmusk support of this coin and accepted as a payment method for Tesla products I believe we can expect a great movement in this year .
But as a short term as Btc has been surged we could wait for a uptrend.
Good luck
DOge Coin !! is this a trapp? DOGE Price analysis As we see here DOGE is in a downward wedge on the long-term chart where it hit the top of this trending line now #3 times! So it must go back down right? Well, this might be a great Short setup idea in my opinion .
If we loose the .08351 - .08506 LVL DOGE will most likely go back down and retest the .07780 ZONE of SUPPORT Which means The Doger woger could loose 12% from here .
Keep it tight n simple out there guys! Don't Leverage trade this market! be smart :)
Dogecoin formed bullish Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Dogecoin (DOGE) with US Dollar pair
Prevously we caught a nice pump of Doge:
Now on a 4-hr time frame, DOGE has formed a bullish Gartley pattern for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Dogecoin’s December trajectory Dogecoin has now made its way through a trend reversal, after its sharp rise and pullback in the back half of October and first half of November. In October, DOGE began a massive rally, gaining over +150% in just five days. About half of these gains have been given up now as some traders booked their profits. In the middle of November, Dogecoin experienced a period of consolidation between 0.0742 and 0.0900 creating a double bottom at the same time, giving the first possible signal that the coin was ready for a trend switch.
The trend reversal was confirmed by the Fisher Transform Indicator on the daily timeframe. A crossover between the indicators signal lines can be witnessed after it created support at 0.07450. Since then, we have seen the price move to the upside, breaking above 0.0900, a previously strong resistance.
Looking at the current price action at the start of the week, DOGE may be in a new area of consolidation and trying to break the resistance at 0.1070. Looking back at the Fisher Transform, we can see that it is again indicating a crossover signal, which may hint that DOGE is posed for an upside breakout. If the price successfully breaks the resistance at 0.1070 and manages to close above the daily chart, the next price target to watch includes 0.1420 if the momentum is strong enough.
Besides the technical side of Dogecoin, it might pay to keep an eye on news emanating from Elon Musk by way of Twitter. Speculation has been rife that Musk will announce that the social media platform that he recently acquired will adopt Dogecoin as some form of payment method. Last week, Musk shared slides from a presentation he gave to the Twitter leadership team detailing his version for ‘Twitter 2.0’. Included in the presentation were slides related to ‘payments’, opening speculation that Musk may be wanting to form some kind of integration with his favourite cryptocurrency.
DogeCoin 4H AnalysisTrade Idea
🟡 #DogeCoin 4H
✍️The strength of the trend in Dogecoin is more likely to move up to the supply limits in the four-hour time frame. Consider two trading setups for buying or selling Dogecoin in the following ranges.
🔰 For buy a limit Orders👇👇
🟢Minor Order Block >🟢0.0.087$ -0.09$
🟢Major Order Block >🟢0.079$ -0.082$
🔰For Sell limit Orders👇👇
🔴Minor Order block >🔴0.113$ - 0.115$
🔴Major Order Block> 🔴0.122$-0.1305$
📊Poc (Point of Control) : 0.095$
⚠️ Margin 1% For each position.
⚠️Use Tight Stop Loss.
✍️Desert Eagle
📊Analysis Method SMART Money
Concept + ICT+ Volume Profile
(DYOR)
📆11.27.2022
⚠️This Analysis Will Be Updated⚠️
💸Good Luck Traders.
DOGEUSDTDOGEUSDT looks good for a small short setup here.
entry around 0.094 - 0.0972
Take profit areas: 0.087, 0.081, 0.075.
Wait for confirmed rejection, dogecoin has visited the level 3 times on the 4h chart now. Set strict SL and manage it yourself. Remember proper risk management.
On the hourly, we can see some sort of an uptrend or possibly ascending triangle.
every thing Fine with previous predictionDogecoin Break up the descending triangle and completed its pullback. Now after a few day with range movement , we can have a upward movement again. be aware that the BTC movement is important for this prediction Comes true.
first of all price should break up the 0.17 area that we can see in this chart.