More than a year ago (July 24 2023, see chart below), we published our long-term expectations and pattern for Dogecoin's (DOGEUSD) Bull Cycle: As you can see, it filled our projection quite effectively as it extended the Accumulation Phase (blue). That was a phase which, as you can see, was present during both of its previous Cycles and after a 1W MA50/100...
Since hitting a high of 0.22 in April, Doge has been in a downtrend. However, the chart shows that dips below 0.1 have consistently been bought, leading to strong reversals each time. The final phase of the downtrend is forming a falling wedge, which often signals a potential reversal. For confirmation of an upward reversal, we need a clear breakout above...
Dogecoin (DOGEUSD) has been filling out our July 24 2023 call (see chart below) with impressive precision so far as after 6 months of sideways trading within the Cycle's Accumulation Phase, it posted the Bull Flag that typically precedes the parabolic rally: Technically this implies that there is little (if any) time left before DOGE starts its aggressive...
DOGECOIN ANALYSIS 1 hour time frame The price can rise to the 1-hour supply area and fall from there to its 1-hour support area. The stop should be exactly above the zone. If the ceiling of the area is touched, the downward trend can change.
Dogecoin (DOGEUSD) has so far fulfilled our July 24 2023 call (see chart below) for 6 months of sideways trading and is about to get out of this Cycle's Accumulation Phase: As you can see on this chart, the price action respected our Accumulation Phase boundaries strictly and is about to form a 1W MA50/MA100 Bullish Cross. When this Cross was formed on each...
Doge is currently marching forward in a bull channel showing the bears who's boss. Both the Daily and Hourly timeframes are bullish, but don't long yet! Within the 1HR bull channel is an ascending wedge pattern, a bearish signal. Does that mean we short? How do we trade this? Shorting in a bull channel is not ideal, there are more bull candles than bear, making...
Dogecoin is currently sitting on Bull Channel Support, a moment we need to pay close attention to if we want to enter a trade and maximize our profits. If the price falls through, we should be looking to get short and a bounce means we ought to long. How do we trade this? If you're not in a trade right now, wait. We need to see not only a bull signal bar but...
#DOGE Day Trade Plan. Risk 0.032 % and Rewards 20 % Sniffer entry plan. To get like this plan DM me.
A good position to buy Dogecoin is the weekly triangle time frame. In the monthly period when the flag is formed. And we have reached the ultimate limit of Dogecoin compression. The probability of a very strong jump that is 70% likely to be an upward jump. This upward jump could take Dogecoin to one dollar. If the price closes below $0.05, this scenario will be...
Dogecoin finally hit 0.1$ 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...
Doge. Dogecoin went into correction after BTC. Our priority scenario allows the price to roll back, but not below $0.0850. At the moment, growth towards $0.1150-$0.1250 looks most likely and we will stick to this scenario.
*** *** For this particular analysis on Dogecoin we are using the DOGEUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where DOGE finally hit our 1D MA200 (orange trend-line) medium-term target which we set after spotting the RSI Bullish Divergence as outlined on our October 04 idea below: As you see the massive pump, fueled...
*** *** For this particular analysis on Dogecoin we are using the DOGEUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where DOGE broke today above its 1D MA50 (blue trend-line) for the first time since September 24. The Twitter - Musk news certainly weigh on the price but as always the important developments lie in the technicals. We...
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Into resistance on higher timeframe. Target is a moving average so will be adjusted over time. 1:1 RR
*** *** For this particular analysis on DOGEwe are using the DOGEUSDT symbol on the Phemex exchange. *** *** The idea is on the 1D time-frame where Doge has been trading within a Channel Down since mid-May 2021. The median of the Channel plays a key role on this pattern as it distinguishes the formation into a Buy and a Sell Band, with the former being the...
Doge slowly making its way up expecting a good move up once it wakes up LOL. Doge Buy Entry: 0.1311 Sl: 0.1285 Tp : 0.1550
Dogecoin has been correcting on Lower Highs and Lower Lows ever since the May 2021 All Time High (ATH). Trading below its 1W MA50 (blue trend-line) for 3.5 months, it is obvious that this was its new Bear Cycle. The first indicator though that this may be coming to an end has just flashed. That is the 1W RSI which entered its Support Zone of 38.000 - 33.000 for...