Get started

Dogeshort

DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this DOGE/USDT update from Crypto Sanders. Chart Analysis:- Dogecoin (DOGE) rose by over 10% earlier today, as the global cryptocurrency market cap returned to the green. DOGE/USD peaked at 0.07489 on Thursday, following a low of $0.06596 the day before. move sent dogecoin to its strongest point since August 14, when the price climbed to a high of 0.0771. this is the seventh day in the last eight sessions that the meme coin has traded in the green. This latest surge has pushed the 14-day relative strength index (RSI) to a current reading of 80.21, above a ceiling of 76.00. As a result of prices being overbought, current buyers may now begin to secure their profits. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
DOGE → First Sell-off Complete! Another Push to the Downside?Dogecoin, along with the rest of the crypto market, had a severe bear response to Bitcoins completion of its measured move. Are we in for another leg down? How do we trade this?  🤔 I don't think it's reasonable to short here, not yet at least. We need a little more recovery from the first sell-off toward the Resistance Zone at $0.0865. If we get a sell signal from that area, it's reasonable to short Doge on the Daily chart toward the initial support of $0.0675. Until then, it's best to wait on the sidelines for the RSI to come up, and the bears to recharge. It may be a while before Doge recovers and heads to a new high in this trend. The macro-trend is bullish in the crypto market, so we should be cautious when capturing these bearish movements on altcoins. 💡  Trade Idea  💡 Short Entry: $0.0835 🟥 Stop Loss: $0.0890 ✅ Take Profit: $0.0725 ⚖️ Risk/Reward Ratio: 1:1 🔑  Key Takeaways  🔑 1. Bull Channel Concluded with a Double Top Reversal. 2. Trend Changed to Trading Range then 1st Push Down. 3. Bounced off of 200EMA Support, wait for new Sell Signal. 4. RSI at 36.00 and below Moving Average. Bias to Short. 5. Wait for Sell Signal After Test of Resistance Area. 💰  Trading Tip  💰 Channels are often concluded not with a strong reversal, but first a stall of the trend with a trading range. A reversal is likely if the trading range comes at the end of a three-leg trend. ⚠️  Risk Warning!  ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Short
by TraderEngineering
DOGE → Hinting at a Drop! Are we going back to $0.05?Dogecoin is starting to show signs of converting to a trading range after a strong bull run. We have a potential double top reversal pattern playing out after three good pushes to the upside. Does that mean we're heading down? How do we trade this? 🤔 Three pushes up, potential double top reversal pattern, RSI at 62.00 and below the Moving Average, these are the key data points that should bring us caution when the thought to long crosses our mind. What we're missing right now is a confirmation candle and a lower low to give us enough probability to enter a short scalp and maybe a partial swing. A final sell signal at the Previous High of $0.10750 would be ideal, giving us enough range for a 1:3 Risk/Reward Ratio. Using my favorite approach, take half profits at $0.10 (1:1 Risk/Reward), move your stop loss up to your entry price, then swing the remainder to 1:3 Risk/Reward at $0.09. 💡 Trade Idea 💡 Short Entry: $0.10500 🟥 Stop Loss: $0.11000 ✅ Take Profit #1: $0.10000 ✅ Take Profit #2: $0.09000 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Three Pushes Up, Potential Double Top Reversal. 3. Could convert to Trading Range between $0.0875 and $0.10750. 4. RSI at 62.00 and below Moving Average. Bias to Short. 5. Bitcoin is running hot to the upside, risk of trend change. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Short
by TraderEngineering
DOGE → Updated Double Top Analysis! Our First Target is $0.07?Doge is failing to retest the $0.1075 level and has instead meandered sideways in the $0.9500 range. Are we in a position to short here? Long? Or simply wait on the sidelines? How do we trade this? 🤔 We need to wait. We are still in a bull channel which means our bias ought to be long, but we have several datapoints that counter that bias. 1. Three pushes up, a typical number of legs in a channel before the probability of trend change exceeds the probability that the trend will continue. 2. Double Top reversal signal. These can fail, but coupled with the three pushes, increases the probability of a trend change. 3. Bitcoin showing signs of trend change and as a leading market indicator may drag Doge down with it. We need to wait for a break below the Weak Support line and the Support Zone. The break is the bear signal, then we need a retest of the Support Zone as resistance with a strong bear candle closing on or near its low to confirm the price can't make it back up. At this time, its reasonable to short a 1:3 Risk/Reward placing a protective stop just above the previous Support Zone. Take half profits at 1:1 Risk/Reward ($0.082 area), and final profits at 1:3 ($0.69 area). It's also reasonable to swing the latter half of your position beyond 1:3 R/R, until a proper buy signal appears. 💡 Trade Ideas 💡 Short Entry: $0.84 🟥 Stop Loss: $0.89 ✅ Take Profit: $0.69 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Three Pushes Up, Double Top Reversal Intact. 3. Need to Break Weak Support and Support Zone to Short. 4. RSI at 46.00 and below Moving Average. Bias to Short. 5. Watch Bitcoin for trend change, may drag the market down. 💰 Trading Tip 💰 Trading against the trend carries a low probability of success, but a much higher reward with a low risk. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Short
by TraderEngineering
roadmap to $0.12 doge + possible breakoutLet Me First Say I called this original breakout for Doge at 8 cents when everyone was saying short it. Over 60% of the market was short on doge at that point. We have 3 solid confirmations on the bottom that confirms this path should take us to the top of the 2nd resistance line to attempt a breakout so follow this uptrend channel and wait for a possible breakout or short position. Keep in mind doge has be trading very similar to BTC so never look away from it to see if it knocks it off it's path. Good luck!
BINANCE:DOGEUSDLong
by dogdaddevan
1
Doge Pay Day Possible Flag Forming on 15m towards top trendlineThe Flag is kind of sloppy but it can be blamed on BTC and market movements just an idea here because if you measure how much the flag gives you it brings us exactly to the upper trendline for another possible 3rd touch and possible breakout again or of course rejection You can see my other Doge Chart below where I called the breakout perfectly reaching 100% of the target originating from invesrse H&S I do stress caution and to take profits along the way as doge has been swinging around on dips from bitcoin
Long
by dogdaddevan
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this DOGE/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Dogecoin (DOGE) fell by as much as 3% on Tuesday, as bearish sentiment returned to cryptocurrency markets. DOGE/USD dropped to a low of 0.06163 earlier in the day, following a high of 0.06329 the day prior. The decline came as the meme coin failed to move beyond a key resistance level at the 0.0640 level. it appears that the downward pressure came after the relative strength index (RSI) slipped below a floor at 47.00. the index is tracking at a reading of 44.37, with the 40.00 mark a potential target for sellers. Should this point be hit, there is a strong possibility that dogecoin will be trading below the 0.06000 region. 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.
Long
by CryptoSanders9563
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this DOGE/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Dogecoin (DOGE) has rallied after two days of decline. DOGE/USD reached a peak of 0.06117 early in the day, following a low of 0.06027 a day earlier. the move was made after DOGE bounced off recent price levels at 0.0600. it looks like the next target will be around the 0.06369 area, which was last hit exactly a week ago. To reach this point, price strength would need to climb above the current reading of 42.52, and move closer to the ceiling of 44.00. 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
Long
by CryptoSanders9563
DOGE - any news are coming?Decided to make a TA about the Doge coin. Looks so far pretty interesting. On RSI I can see some bullish divergence is forming. On D TF I can see that the coin found a support on the support line (blue line) that I drew. And so far it bounced 3 times already. As usually I will give you several possible scenarios that can play out. 1. The coin bounces until W FVG above 0.07$ and rejects from there, it means it doesnt close with at least 12H TF above 0.07$ and returns back to the level from which it started its upward direction. 2. The coin bounces from current prices, and comes to W FVG at 0,07$ and manages to close with 4, 8 , 12H or D candle above that FVG level. And in this case, after retesting the FVG level, it may bounce up to another W FVG level at 0.09$, where the coin can face the bear reaction. 3. This scenario is the least optimistic, the coin doesnt manage to touch 0.07$ price level and dumps until support line and closes with 1, 4, 8, 12H candle or D candle below the 0.055$ level in this case the coin may go even lower towards to 0.05$ and below.
Long
by vazitrades
Will Musk Safe DOGE?After bouncing from W FVG support level 0.055$, #DOGE bounced right to another W FVG resistance level that you can see on the chart. Breaking above that resistance, will open the way towards to another resistance (blue line that you can see), or 0.076$ where we can also see bear reaction. (look at number 2 black line) One more Positive scenario is that the coin breaks above the blue line resistance, then it can bounce up towards to 0.085$ (look number 3 line) Other way is that #DOGE cant manage to break through 0.068$ in this case it drops until 0.054 and below ( look at number 1 line)
by vazitrades
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this DOGE/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- dogecoin (DOGE) also rose higher today, snapping a three-day losing streak in the process. DOGE/USD rallied to a high at 0.07628, less than 24 hours after the meme coin was at a low of 0.07279. As a result of this surge in price, DOGE is now trading at its highest point since Wednesday, after breaking out of a resistance zone of 0.0760. This coincided with the RSI moving past its own ceiling at the 52.00 mark. It is currently at a reading of 55.84. Despite today’s rally, dogecoin is still trading nearly 3% lower than at the same point last weekend. 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
Long
by CryptoSanders9563
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this DOGE/USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Dogecoin (DOGE) fell to a three-month low on Tuesday, as traders continued to react to the news that the SEC had sued both Binance and Coinbase. The Coinbase suit alleges that the exchange has been operating as an unregistered broker, whilst Binance has been accused of violating U.S. securities laws. DOGE/USD dropped to a low of 0.06483 on the news, which is its weakest point since March 10. The sell-off comes a day after the meme coin was trading at a peak of 0.07163, but it has gone on to drop by over 7%. the decline came as the relative strength index (RSI) moved below a floor of 33.00 the index is deep in oversold territory and is currently tracking at 29.33. 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
by CryptoSanders9563
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this DOGE/USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Dogecoin (DOGE) was one of today’s biggest gainers, as markets continued to react to Twitter’s logo change. DOGE/USD raced to a high of $0.1026 late on Monday, following a low of $0.07663 earlier in the day. As a result of this move, the meme coin rose to its strongest point since December 5, when it hit a peak of $0.1118. Looking at the chart, Tuesday’s surge appears to coincide with the relative strength index (RSI) breaking out of a ceiling at 70.00. At the time of writing, the index is tracking at 73.45, which is its highest reading since November. Overall, dogecoin is up over 30% at the time of writing, and nearly 40% higher than at the same time last week. 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
by CryptoSanders9563
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
by CryptoSanders9563
1