Dogecoin (DOGE) • Is correction OVER? Is it going to 1$ now? Last video on DOGE got surprising great engagement and feedback. Thank you everyone! 🤝
So DOGE is currently at support but is it over?
Current momentum is extremely weak but what is really more concerning is the lack of volumes.
Not enough people are selling which could imply people handling their drawdowns with great strong doggo owner hands.
If Bitcoin see a pump toward the 45-48k resistance changes is that DOGE will also test resistance at 0.47.
But make no mistake currently the way this is looking doesn't inspire any confidence from volumes, momentum and the whole structure of the trend.
Do I think Doge will be able to reach 1$ and above? Check video for full analysis.
Best 👊
D7R
DOGEPERP
Long Idea for DogeThe price will probably fallback to the middle of the formed pattern to recover it's strenght, then will test the opening of the big red candle on H1 Chart.
I will wait for a candle pattern confirming the entry arround $0.23.
The stoploss shall be on this candle low.
First target: big red candle opening.
Second target: 80 periods EMA.
Dogecoin (DOGE) • More upside likely to come BUTDoge hit another ATH. Taking a fomo long here is risky but since we are still above trendline basis we can take with a 10% of typical position size and stop immediately below the trend-channel basis.
Next best RR setups come at 0.55 or at the last point of support at 0.044.
Can $DOGE reach $1. POssibly $0.15 is possible. Fib showing how $DOGE can reach $0.15
Funding is aweosme
Elon tweets every time it goes down
It has massive followers
And throughout this bull run this is the coin backed by Elon , massive followers and definitely potential
Super ALgorithm indicator is bullish as well on it