DOGE - Forming a bull pennant! Here's a quick look at the 30 min DOGE chart. Following a significant upward movement, the price has entered a phase of consolidation, resulting in the formation of a large bull pennant. A bull pennant is a bullish continuation pattern that typically has a 70% chance of breaking to the upside. Should this bull pennant be breached, it would suggest a continuation of the bullish trend, and as such, it is advisable to monitor this development closely.
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The idea is: Buy when the price breaks above 0.1022$ and take profits at the levels shown in the chart.
Targets:
1. 0.1033$
2. 0.1048$
3. 0.1100$
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With regards to Altcoins:
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Dogeusd
In order to continue the uptrend from a long-term perspectiveHello?
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(DOGEBTC 1W Chart)
The key question is whether the price can sustain the move above 0.0000 0369.
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(DOGEUSDT chart)
From a long-term trading perspective, we expect the price to hold above 0.13377 for a full-fledged uptrend to begin.
Therefore, it can wobble up and down in the range up to 0.13377, so we need to seek countermeasures against it.
From a trend perspective, the key is to keep the price above 0.09220.
If that happens, it is because the price is maintained above the M-Signal indicator on the 1M chart, so it is more likely to continue the upward trend from a long-term perspective.
If it causes a decline below 0.08285, it is important to find support around 0.07296.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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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
The impact of changing the Twitter logo to Dogecoin 🕊➡️🐕Twitter changed its iconic blue bird logo on Monday to mimic the logo of a Dogecoin(DOGE).🕊➡️🐕
Now let's see how much this change in the chart can affect❗️❓
If we want to look for classic patterns in the chart, yesterday, Dogecoin was able to break the upper line of the Falling Wedge with the green candle that was the result of the logo change. But the wedge pattern is not a standard falling wedge pattern, and at the same time, a 🔴resistance zone($0.1134-$0.1020)🔴 in the daily time frame is located exactly above it. This does not mean that it has no effect and is even expected to break the resistance zone upwards.
Now, if we look at the chart from the theory of Elliott waves, it seems that Dogecoin is completing the X wave with the Expanding Flat(3-3-5) corrective structure, which is one of the most common corrective structures. Microwave C of main wave X can finish at the 🔴resistance zone($0.1134-$0.1020)🔴 or even slightly above it(maybe bull trap), which I have marked for you in the chart.
❗️ Note ❗️: If Dogecoin can break the resistance zone with a large green candle with high volume, it is expected that Dogecoin will grow up to the 🔴heavy resistance zone($0.178-$0.1580)🔴 (about 40%), which, of course, does not affect the wave count.
Dogecoin Analyze ( DOGEUSDT ), Daily time frame ⏰.
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DOGE - Watch for a break above this bull pennant! Here's a quick look at the 4D Logarithmic chart for DOGE. It is evident that the price is on the verge of breaking out of the massive bull pennant to the upside. This recent upward movement can be attributed to Twitter's adoption of DOGE as their desktop logo! There is significant upside potential if the price manages to break through this massive bull pennant!
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The idea is: Buy when the price breaks above 0.11$ and take profits at the levels shown in the chart.
Targets:
1. 0.119$
2. 0.149$
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DOGE - Wait for this level to break!Here's a quick look at the daily DOGE chart.
It is apparent that the price has been oscillating within a larger falling wedge pattern. As a prudent approach, it would be advisable to wait for a clear and decisive breakout above this falling wedge before entering any trades. This would ensure a higher probability of success and reduce the risks associated with premature trading decisions.
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The idea is: Buy when the price breaks above 0.88$ and take profits at the levels shown in the chart.
Targets:
1. 0.9$
2. 0.93$
3. 0.98$
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Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
DOGE/USDTSPOT BUY PLAY :
DOGE/USDT
BUY one part @ CMP (current market price) & add on every 5-8% dip total in 3 parts.
1st - CMP (current market price) (now)
2nd - 5-8% dip of cmp
3rd - 5-8% dip of 2nd buying price
STOP LOSS = 20% below of your average buying price.
TAKE PROFITS ARE mentioned in the chart itself DYOR.
Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
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DOGE! Buy the breakout! Here's a quick look at the daily DOGE chart.
It is apparent that the price has been oscillating within a larger falling wedge pattern. As a prudent approach, it would be advisable to wait for a clear and decisive breakout above this falling wedge before entering any trades. This would ensure a higher probability of success and reduce the risks associated with premature trading decisions.
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The idea is: Buy when the price breaks above 0.88$ and take profits at the levels shown in the chart.
Targets:
1. 0.9$
2. 0.93$
3. 0.98$
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
DOGEIt's time! Only 19 days until 4/20! Historically, 4/20, and the month of April more generally, is a magic month for Dogecoin. I wonder what's in store for this year...
In terms of the technicals, Dogecoin has its range from .75 highs to .05 lows that has a mid of .40, which implies that if it can achieve a 50% retracement with respect to its all time highs and cyclical lows (USD) then it will be surprise surprise in the neighborhood of .420! If it pulls off 5x from here to 4/20 you can thank me later :)
The thesis is simple: so long as above its .05 lows I believe it's sending towards .420...
And remember, .05/.06 is where all the magic started in April 2021...
Also, Doge/BTC seemingly inflecting from cyclical lows. More Doge/BTC analysis on Doge/BTC chart...
DOGECOIN | 1$ is Programmed..!!
#DOGE (Analysis)
Dogecoin has been Consolidating in Descending Channel Since May 2021 (TOP)
Seems like Correction phase is Completed & Getting Very Close to Massive BREAKOUT, It's time to FLY.
But Bulls need to Break the Descending Trendline Resistance to Confirm the Breakout.
As Resistance getting Weaker & Volume has been Coming in, Expecting Breakout soon.
In Case of Breakout, Expecting Massive Bullish Rally like 2021.
Dogecoin Will hit 1$, It's only a Matter of time ⏰
Grab Some with Low Risk & Hold with Patience, Holders will be Rewarded.
What is Dogecoin?
Dogecoin is a decentralized cryptocurrency created in 2013 based on a popular internet meme.
It has a fun and lighthearted approach to the digital asset space and has been used for charitable causes.
Despite its humble origins, Dogecoin has grown in value and remains popular among investors and enthusiasts.
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Dogecoin DOGE Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My Dogecoin DOGE Price Targets:
DOGE/USDT short
Entry Range: $0.070 - $0.080
Take Profit 1: $0.065
Take Profit 2: $0.055
Take Profit 3: $0.050
Stop Loss: $0.0.090
Doge | 4h Big Breakout short term | Want Perfect Entry?🙌🔥Doge | Big Breakout short term | Want Perfect Entry?
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Can DOGEUSD deliver another 3000%?looking at the log chart of past fractals we could be about to see a nice final wave 5 push up.
if this follows previous trends the potential would be for an additional 3000% from the current price, launching the doge from $0.20 to $6 (or more)
for this to happen the yellow diagonal trend line needs to hold as support and it is impressive that the price has consolidated above whilst the rsi has had time to 'cool' down ready for another run.
also the nearing fib circle could act as a form of resistance when the doge tries to move and strangely signals March '22 as a full moon or full reversal timezone (pending how price reacts to the fib circle when next challenged)
talking fib circles the upper circle pushes the potential upside beyond 3000% / $6