DOGE/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin ended an 8-day losing streak as prices rebounded from a recent point of support.
Following a low of 0.06246 DOGE/USD rallied to an intraday peak of 0.06422 earlier in today’s session.
The move comes as the meme coin surged from a floor at 0.0620, with bulls now likely targeting a ceiling of 0.0680.
the bounce in price comes as the 14-day relative strength index (RSI) rose from a floor of 39.00.
the index is tracking at 42.66, with the next point of resistance around 47.00.
In the event that this is broken, there is a good chance that DOGE will move back towards 0.07000.
I have tried to bring the best possible outcome to this chart.
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Dogeusd
DOGE to the moon?Hello Traders,
We got some bullish news today.
First, Grayscale wins a lawsuit against the SEC, and second, X (Twitter) obtains the license required for crypto payments and trading.
It means bluebird index altcoins will have bullish movements in the following weeks.
Don't forget MASK because it has the lowest market cap in this category.
Please hit the boost button and follow me for more ideas.
Thanks.
☀️ Next 24 Hrs & 1 Week for DOGE, Yet, 🌧️ For the Rest The sun will shine over the global crypto market in the next 24 hours ☀️ , buoyed by positive stock market news, hinting at a slightly bullish market with upside potential for Bitcoin, Ether, Dogecoin, and other altcoins.
But beware, ☁️ clouds and 🌧️ rain will return over a one-week horizon, signaling a bearish market trend with downside risk. 🚀
Dogecoin, Litecoin, and Cardano buck the trend, retaining upside potential over this period, as per ATTMO forecasts.
Follow us for more crypto weather reports!
DOGE ☀️ Upside - Bullish 24 Hrs & 1-Week HorizonClouds with some sun ⛅️ breaking through lie ahead over the next 24 hours and one-week horizon. 📊 According to ATTMO, this hints at a slightly bearish market with downside risk.
But wait, there's a ray of hope! ☀️ Dogecoin, along with Cardano and Litecoin, is poised to bask in sunnier days over the longer one-week horizon, suggesting a slightly bullish market with upside potential. 🚀
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DOGEUSDT .P perfomance 8 months in 2023The most recent BITCOIN correction affects many Altcoins, including DOGE.
How does the S1-TM react in that phase:
- Close buy order (Close B1) exiting the long position at 0.07446 before the price drops sharply.
- If trading Future, enter a Short order immediately and receive ~18% profit after 2 times TP.
If you have any opinion or want to see results with Spot DOGEUSDT, please leave a comment.
DOGE/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- dogecoin (DOGE) was also in the green to start the weekend, as it bounced from a floor of its own.
After trading at a low of 0.06079 during Friday’s session, DOGE/USD surged to a peak of 0.06385 earlier in the day.
The jump in price came as the meme coin moved away from a support point of $0.0600, which is near a recent two-month low.
Similar to XLM, the RSI on the dogecoin chart has bounced from a support point at the 30.00 mark, and is now tracking at 34.13.
The next visible point of resistance is at the 44.00 mark, and should this point be hit, DOGE will likely be near 0.06600.
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
it's time to going down for DOGEUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want closed the position but our target is the third one)
be rich...
and
doing and living in the best quality *-*
(Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management)
*************************************************
if you want to enter in this position:
Enter Price: when candle crossing down our trend line with a good body
Target1: 0.07364
Target2: 0.06846
Target3(Final Target): 0.06600
Stop loss: 0.08074
DOGEUSDT again on daily support and likely to bounceThat bounce from daily support DS1 took us again to the DR1+4HR1 resistance zone making the long a successful trade. The price again got rejected from there and landed again on this daily support zone, You know what to do now. Long the support until it is not anymore.
DOGE/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin went down for the second session in a row.
DOGE/USD started the week down to a low of 0.07409, having touched a high of 0.07615 the day before.
Since hitting a multi-week high of 0.0776 on Saturday, Dogecoin has traded mostly in the red, seemingly due to massive profit-taking.
This phase of bearish pressure seems to be pushing the price toward key support near the 0.0730 area.
the 14-day Relative Strength Index (RSI) is hovering near its own floor, at 50.00.
the price strength is seen at 50.35, MEM coin is now trading at 0.07458.
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
DOGEUSDT likely to head to daily support around 0.735On lower time frame, it seems the price wants to revisit the daily support from where it has bounce a couple of time in past week. The price was rejected from the confluence of weekly and 4h resistance current trading below it. I think the probability of it hitting the daily support DS1 is high and therefore a long is not favorable here.
DOGEUSD is the bottom in? Where could it go?Historically, DOGEUSD has rallied between 2,800% and a whopping 60,000% after creating a macro market bottom. It may be the case that DOGE rallies in similar ways in the future. It's worth noting that Metcalf's law is important; as well as the law of diminishing returns.
Ride the SHIB Trend and Potentially Move Up with DogeAs an enthusiastic trader, you're probably aware of Dogecoin's incredible journey from being a mere internet joke to becoming one of the most popular cryptocurrencies. Its rise to fame has been extraordinary, capturing the attention of seasoned investors and newcomers alike. With SHIB making waves in the market, it's time to explore the potential connection between these two meme coins.
While it's essential to approach meme coins cautiously, recent market trends suggest that SHIB might be riding on Doge's coattails. As Doge continues to gain mainstream acceptance and establish itself as a household name, it's not surprising to see other meme coins like SHIB piggybacking on its success. This positive correlation could lead to a significant upward movement for SHIB, making it an intriguing investment opportunity.
So, why should you consider following the SHIB trend? Well, the answer lies in the potential rewards of early adoption. Like Doge, SHIB has garnered a loyal and passionate community, which has proven to be a driving force behind the success of meme coins. As more people jump on the SHIB bandwagon, the demand for this coin could skyrocket, potentially leading to substantial gains for early investors.
I'm not suggesting putting all your eggs in one basket or abandoning your existing investment strategy. However, keeping a close eye on the evolving relationship between Doge and SHIB could provide you with an exciting opportunity to diversify your portfolio and potentially capitalize on the meme coin phenomenon.
So, what's the next step? I encourage you to research, analyze market trends, and assess the potential risks associated with meme coins. If you find the correlation between Doge and SHIB intriguing, it might be worth considering a calculated investment in SHIB to ride the wave alongside Doge.
Remember, the crypto market is highly volatile, and it's crucial to stay informed and make informed decisions. But with the right strategy and a sprinkle of excitement, you might find yourself riding the SHIB trend to potential gains.
DOGEUSDT high time frame overviewHere is a long term view of DOGEUSDT. The price is currently trading just under the monthly resistance MR1. It bounce in June from a strong support confluence of monthly and weekly support. Its facing the resistance MR1+WR1 which is also confluence of monthly and weekly resistances. Since the price has been rejected from the resistance, usually it is likely that it will go to the next support. But since there is no follow through after that first weekly red candle, things are looking different. The current weekly candle is still in formation and currently it is green but lets see how it turns out at the end of the week. In case it remains a green one and trades under that resistance zone, then likelihood of it going above is higher and the next target for the price should then be weekly resistance zone WR2 and probably monthly resistance MR2. If we close current weekly candle red, then highly likely we are headed for weekly support WS1 and this case is currently not having a strong ground. Anyways, lets keep a watch on this one.
WARNING: Upcoming middle finger formation incoming!In the world of cryptocurrency trading, there's a peculiar phenomenon surrounding DOGE, which may not catch the attention of casual observers. Referred to as the "middle finger formation," it has the potential to unfold unexpectedly, leaving retail traders unable to capitalize on a sudden surge in value. The term itself derives from the shape the price action takes, resembling an upward wave that defies conventional technical analysis methods, making it difficult for many traders to anticipate its occurrence.
This enigmatic formation holds the promise of an unforeseen pump, catching even the most experienced traders off guard. Its nature as a hidden opportunity adds to the intrigue, as only a select few are truly aware of its existence and can exploit its potential. Consequently, this presents a challenge for those seeking to predict and profit from market movements.
Therefore, it is essential for traders to remain vigilant and prepared for unexpected market fluctuations. Stay alert, for it is when you least expect it that the "middle finger formation" may manifest, bringing forth a sudden and significant surge in DOGE's value. In the volatile world of cryptocurrency, luck and preparedness play crucial roles in navigating the unpredictable landscape.
Good luck to all traders as they navigate the ever-changing tides of the market, especially in the face of this mysterious and elusive phenomenon known as the "middle finger formation."
DOGE: Good setup to go higher Doge's current configuration suggests a favorable opportunity for an upward trajectory.
Levels: 0.79¦ 0.77 0.74 ¦0.72
A breach of the 0.77 level could propel it towards a rally reaching 0.79. Conversely, in a downside scenario, a breach below 0.74 might lead to a descent towards the 0.72 mark.
Doge: 200 SMA will be tested It appears that Doge is approaching a potential test of the 200 Simple Moving Average (SMA) in the near future, currently positioned at 0.72 at the time of this writing. Presently, the prevailing market conditions lean towards a bearish sentiment. Should the 200 SMA prove to be a robust support level, there is potential for a price resurgence towards 0.74. Conversely, a breach of this SMA could lead to a potential decline to 0.66. NFA
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 .
DOGE LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the DOGE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You