InvestMate|DOGE, Better buckle up🐕🐕DOGE, Better buckle up.
🐕Another post about the world's most memetic cryptocurrency.
🐕As in the last post about it I brilliantly predicted the increases, it was some time ago. Those who haven't seen it I refer you to below:
🐕Now it's time once again to attack the increases.
🐕All thanks to the awakening crypto market on this Saturday day.
🐕As we can see we held the support zone marked on the chart.
🐕 There are two significant resistance zones ahead. The first is a cluster of two fibo levels: 0.382 of the entire downward wave and the outer 1.618 level of the largest downward correction in the current uptrend and the 1:1 level of the largest upward wave in the current uptrend. The second support zone was determined based on the 0.5 level of the entire downward wave and where the price previously found support.
🐕The scenario I am playing out is a continuation of the upside to the levels of the resistance zones, taking into account smaller corrections along the way.
🐕*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Dogeusd
Doge repeating pattern❓👀s🟠⚪️🔵🔴🟢Doge repeating pattern❓👀
0.5% of Dogecoin addresses on loss at ATHs⚫️
Lower highs🟠and a low⚪️with 50% of Doge addresses in loss
A higher high🔵marked sideways action
A final bottom low🔴with >50% of addresses in loss before a #bullish break🟢
Let me know your thoughts in the comments🤗
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Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
✅TS ❕ ETHUSD: still moving✅✅ ETH is still moving near the support level.
The price has rebounded and is directed upwards.
I expect growth.✅
🚀 BUY scenario : long to 1377.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
DOGE WeeklyElon's Shill Coin, DOGE, does not look like it will dissappear so we should accept it and embrace it. It broke very strong weekly resistance line but I believe we still didn't see any re-test.
Scenario 1:
If it decides going up without the re-test we can wait to weekly close above resistance to take some actions. After buying, we shouldn't forget to put some stop-loss order, in order to protect our investments.
Scenario 2:
I believe this scenario looks more possible since the market still looks bearish. If it goes to re-test the trendline, we can get some doge with stop-loss just under the support.
This is my trial. Not a financial advice.
DOGE - insane 83% drop, here is why!
Doge pumped a lot, but it looks like a scam pump to me. There are no buyers at all. I think this uptrend was fueled by stop-loss triggers and liquidations on the futures market.
At this moment, the uptrend looks like a major ABC correction. Clearly, we can see a three-wave structure. Also, the bulls failed to hold the wave A swing high at 0.089, which is a sign of weakness.
Why would anyone want to buy DOGE at this moment? I don't see any bullish patterns. Better open a short position on futures , but look for setups on lower timeframes. This analysis is on the weekly chart.
No worries, you can buy DOGE at the 0.618 FIB for quick gains. That's exactly what my plan is for DOGE!
On the chart you can see a projection for a parallel channel . This channel is amazing, because you can buy at the bottom of the channel for quick gains.
A 83% drop is possible, and I will not be surprised if we go even lower. This mini-uptrend is not healthy.
On the chart, you can see three strong supports: 0.618 FIB, POC1, and POC2. This is incredible because there will be a lot of money to be made at these levels!
Let's be honest; everyone bought DOGE because of that pump, and now everyone is trapped. Sell DOGE while the price is high, it's not too late.
If something pumps in one week and then dumps back, then it's obviously a fake move, and it will be punished by a massive crash.
Can DOGE drop by 83%? Let me know in the comment section right now!
For more ideas, hit "Like" and "Follow"!
✅TS ❕ AVAXUSD: support level.✅✅ AVAX has reached the support level.
The price has already rebounded.
I expect growth.✅
🚀 BUY scenario : long to 14.74.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ BTCUSD: still moving✅✅ BTC is still moving between levels.
The price bounced off the support level.
I expect growth.✅
🚀 BUY scenario : long up to 18600.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ ETHUSD: around the level✅✅ ETH is moving around the level again.
The price made another weak downward movement.
I'm waiting for growth.✅
🚀 BUY scenario : long to 1377.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Ascending Triangle on Dogecoin 4 Hour ChartWe have a Potential Ascending Triangle on Dogecoin. I Originally was looking at it as a Bear Flag targeting an 0.886 Retrace but in the time since identifying it the Bear Flag has seemingly held the 0.786 Retrace and the Ascending Demand Line as if Doge wants to make a Higher Low and attack the Level of Supply above. Due to this I'v altered my opinion on the Doge Bear Flag and am now looking at it as a Potential Ascending Triangle that could take it even further beyond the TP target i have plotted on the chart.
DOGE still HODLING overallReferring to the cost basis of DOGE/USD, realised profit/loss suggests that a majority of holders of DOGE are HODL'ing with an extremely small fraction realising losses overall. Only a small fraction of the market trading DOGE actively.
Cost basis has remained unchanged at around USD 0.20, which in my opinion has formed an important breakeven point and a level to keep an eye on particularly if event news sees DOGE stalling around this area. Certainly we would want to gauge this area not just for "break trades" to surpass it - but for continued support to come in over this market-wide break even point.
Doge at critical mark after the breakout🚨🚨🚨Doge at critical mark after the breakout🚨🚨🚨
Will Doge find support and confirm the breakout by pass $0.159 dear Crypto Nation❓
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
✅TS ❕ SHIBUSD: bounced off✅✅ SHIB bounced off the support level.
The correction is gaining momentum.
I expect growth.✅
🚀 BUY scenario : long to the resistance level.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ BTCUSD: correction✅✅ BTC continues the correction.
The main trend is still downward.
Therefore, be careful when opening long positions.✅
🚀 BUY scenario : long to 18589.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
DOGE ; buy the pull back? FIRE ALL THE DEVSDOGE ; buy the pull back? FIRE ALL THE DEVS
zoom out if you want to see where this fractal is from degen
seems rather obvious, kinda fits the btc 'pump a few more days before massive hammer down' fractal
hmph duno if ill buy it... prob do what the other alts will do but faster and harder.
ughhh
; to note; bluntz on twittz had a good theory; elon announces doge integration with twitter. makes sense.
✅TS ❕ ETHUSD: update the minimum✅✅ ETH did not go to update the minimum.
The correction will take a little longer.
But over time, the minimum will be updated. So far, long.✅
🚀 BUY scenario : long to 1377.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
$DOGEUSDT What is Dogecoin (DOGE)?
Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo.
The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.
The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
Dogecoin in 2022
Fast forward today in 2022, Dogecoin has grown so much and have gathered the mainstream attention. It has become a meme that is used by the likes of Tesla billionaire, Elon Musk and even more so spunned off even more meme coins into the market.
Dogecoin followers have always been asking if Dogecoin would ever reach $1. It is hard to say where the price action will go, but high volatility seem to be mainstay as the utility of the cryptocurrency remains unclear being a meme coin.
✅TS ❕ AVAXUSD: goes even lower✅✅ AVAX has reached the support level.
The price goes even lower, forming a breakdown, possibly false.
I expect growth.✅
🚀 BUY scenario : long to 14.74.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ BTCUSD: support level✅✅ BTC has reached the support level.
The price has already started slowing down.
A rebound is possible.✅
🚀 BUY scenario : long to 17180.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ ADAUSD: finally moved✅✅ ADA has finally moved into a downtrend.
The price has updated the lows.
I expect the fall to continue.✅
🚀 SELL scenario : short to 0.311.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
DOGE, Something Happened in DogetownDoge broke out from the descending widening wedge which started with the peak on November 1st.
This is an odd behavior considering the catastrophe that befell crypto. But maybe there is speculation that Elon will buy FTX pennies on the dollar, renaming it Dogetown, saving crypto and FTX at the same time and pumping Doge.
The first target is 0.119, this is the measured move of the descending widening wedge.
RSI is on the rise and seems to be following an ascending trendline.
The orange path is from an experimental AI that I designed. I don't know how reliable it is, I drew the path based on its recommendation for back testing.
There is of course the bearish scenario, where everybody lose trust in the exchanges and cold storage their coins and nobody is left to buy. In this case 2 cents inside the descending widening wedge is a viable target. 2 cents is the target of my idea below from one year ago. Don't think Elon will allow it.