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Dogeusd

The possibility of more price penetration at the support level!DOGECOIN had a range trend over the past week. Price hits the intended resistance support levels, each with a reaction. Considering the strength of the previous bullish candles during the past weeks, if there are good signs of support in the current area, i.e., the range of $0.0900-0.0960, we can expect the price to grow and break the resistance of $0.100-0.110. At the time of writing this analysis, these signs have not yet been seen on the price chart and the RSI indicator in the 4-hour timeframe. Therefore, there is a possibility of more price penetration at this support level. If selling pressure breaks this support, Dogecoin's decline could continue to the $0.080 range. The second support is a stronger range; we expect a better reaction from this area to retest the resistance levels.
by MonoCoinSignal
2
Dogecoin’s December trajectory Dogecoin has now made its way through a trend reversal, after its sharp rise and pullback in the back half of October and first half of November. In October, DOGE began a massive rally, gaining over +150% in just five days. About half of these gains have been given up now as some traders booked their profits. In the middle of November, Dogecoin experienced a period of consolidation between 0.0742 and 0.0900 creating a double bottom at the same time, giving the first possible signal that the coin was ready for a trend switch. The trend reversal was confirmed by the Fisher Transform Indicator on the daily timeframe. A crossover between the indicators signal lines can be witnessed after it created support at 0.07450. Since then, we have seen the price move to the upside, breaking above 0.0900, a previously strong resistance. Looking at the current price action at the start of the week, DOGE may be in a new area of consolidation and trying to break the resistance at 0.1070. Looking back at the Fisher Transform, we can see that it is again indicating a crossover signal, which may hint that DOGE is posed for an upside breakout. If the price successfully breaks the resistance at 0.1070 and manages to close above the daily chart, the next price target to watch includes 0.1420 if the momentum is strong enough. Besides the technical side of Dogecoin, it might pay to keep an eye on news emanating from Elon Musk by way of Twitter. Speculation has been rife that Musk will announce that the social media platform that he recently acquired will adopt Dogecoin as some form of payment method. Last week, Musk shared slides from a presentation he gave to the Twitter leadership team detailing his version for ‘Twitter 2.0’. Included in the presentation were slides related to ‘payments’, opening speculation that Musk may be wanting to form some kind of integration with his favourite cryptocurrency.
BINANCE:DOGEUSD
by BlackBull_Markets
DOGECOIN continued its price growth over the past week!DOGECOIN continued its price growth over the past week, with support from buyers pushing the price to resistance in the $0.106-$0.120 range. In this area, because a negative reaction was already observed, there was an expectation of a price reaction. Considering that the negative divergence is formed in the 4-hour timeframe on the chart, if the support of $0.090-$0.096 is broken, the price decrease can continue until the support level of $0.067. This is because the price trend is downward in the 4-hour timeframe. But due to the rapid entry of the price into the corrective wave and the fall that continued up to the specified support range, the price of Dogecoin can take on the range trend. The Ichimoku super indicator is also above the current price, confirming the resistance ranges. So this week, we expect a range trend from Dogecoin.
by MonoCoinSignal
15
$DOGE : DOGECOIN using my BENTO BOX Analysis$DOGE On a Weekly Chart LONG POSITION -MOMENTUM STRATEGY - SWING 11.30.22 2336H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast. ALERT: Forecast Entries for a BULL SWING. Smart money wants a REBOOT of 2018 and all is possible for the forecasted entries based on numbers and the character of the market Let us see how price action reacts on a DAILY chart. Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term. INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART (Bento Box) "Follow the white rabbit!" Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you. If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal. TARGET ZONE IDENTIFICATION: The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.) NOTE: 1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time. 2. Created using data on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER. 3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE. 4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY). 5. DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology. Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work. Many thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge. Vive Le Autist!
BITTREX:DOGEUSDLong
by The_Crypto_Samurai