DOGEUSD Analysis 2Aug2023DOGE TIMEFRAME D1 If you see the pattern of the wave that occurs, there is a possibility of forming a bullish falling wedge, and also a swing that is supported by the curve line formed last week strengthens my analysis that the possibility of a fairly high bullish in the doge even though it occurs in a rather long period of time .
Dogesignal
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 $0.0965
Dogecoin (DOGE.BTC) Dogecoin finally hit 0.1$ today after breaking 0.95$ with a 24 hour trading volume of 1.5 billion dollar. DOGE price is up 8% in the last 24 hours
0.0000045 was very important support level and 0.000007 is the next important resistance for doge bulls and good time to take profit as well
Dogecoin’s development activity, however, witnessed a massive spike over the last few days. This spike would suggest that the development team at Dogecoin made a lot of contributions to its GitHub repository. High development activity could suggest the possibility of new upgrades on Dogecoin’s ecosystem in the future
DOGEUSDT Is About To Break Above the Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, DOGEUSDT on H4 if we get a break above the resistance there would be a high chance to go higher to 0.218, it might go lower to 0.1608 before it goes higher.
⬆️Buy now or 0.1608
⭕️SL @ 0.139
✅TP1 @ 0.218
✅TP2 @ 0.267
✅TP3 @ 0.328
We will have more FREE forecasts in TradingView soon
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Have a Profitable Day