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DOGEUSDT - review of the chart on the 4H intervalHello everyone, let's take a look at the 4H DOGE to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 0.0786 T2 = $ 0.0798 T3 = $ 0.0807 T4 = $ 0.0816 and T5 = $ 0.0830 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.0771 SL2 = $ 0.0766 SL3 = $ 0.0761 SL4 = $ 0.0757 SL5 = $ 0.0751 and SL6 = $ 0.0743 Looking at the CHOP indicator, we can see that in the 4H range the energy was used and the MACD indicator confirms the local upward trend.
Short
by cryptodailyuk
2
DOGE is about to leave the triangleHello everyone, let's take a look at the DOGE to USDT chart on the 1H time frame. As you can see, the price moves in a triangle marked with blue lines in which we are approaching the exit. Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.0828, if the support breaks down, the next one is $ 0.0796 and $ 0.0748 and $ 0.0687. Now let's move from the resistance line as you can see the first resistance is $ 0.0879, if you can break it the next resistance will be $ 0.0937 and $ 0.0994 and $ 0.1078. Looking at the CHOP indicator, we can see that at the 1H interval we begin to regain energy.
by cryptodailyuk
DOGE keeps the price on 1 supportHello everyone Let's take a look at the DOGE / USDT chart on the 4H interval. Please note that the price is moving under the downtrend line. Let's move on to the designation of the support line and as you can see the price is currently holding on the first support at $ 0.114, the next support is around $ 0.106 Looking the other way, it is worth drawing resistance lines that the price must overcome in the near future, the first resistance is at $ 0.123, another at $ 0.132 and $ 0.14. Let us pay attention to the CHOP indicator which shows that at this moment the energy has been used.
by cryptodailyuk
1
Dogecoin SHORT TO $0.08 or $0.04 Dogecoin going on an A-B-C ZIG-ZAG correction which is a (5-3-5 wave) very common after a good 5 wave impulse Blue 5 wave Elliot wave in 2021 Jan TO May ABC corrective wave in RED We are now in Wave C in the ZIG-ZAG correction (PURPLE) Wave C is going through sub wave (4) and sub wave (5), we are already going below 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae: 88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618: 0.618 x 0.618 = 0.786 (78.6%) 0.786 x 0.786 = 0.886 (88.6%) 0.886 x 0.886 = 0.941 (94.1%) 88.6% retracement price is $0.08 94.1% retracement price is $0.04 I believe DOGE will still be shorted and may find the reversal at that zone Please like and comment for feedback
Short
by JAN360
2
DOGEPERP 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary DOGE /USDT TREND ANALYSIS We have 2 trends (1 upward (green) and another downward (red) ) creating a triangle formation) FUTURE PREDICTIONS Techicals analysis can only predict move ahead First Scenario We can either continue going up and break the down trend and hit our first resistanse level 0.284572 (In Red) and start the reversal downward. Second Scinario We start moving downward and break the up trend to reach the support levels (0.203440) or greedier level (0.19685) and start reversal upward. I use the momentum indicator only as a additive to my trading but i dont base my trades on it. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
BINANCE:DOGEUSD.P
by husseindergham
2