Dogeusdsignals
DOGE/USD LONG SET UP (MAJOR BREAK OUT ZONE)Dogecoin seems to have jumped into life as it was announced that the digital asset was listed on Robinhood’s crypto platform. So now the price of Dogecoin is boosting up by 20%! The US crypto platform has announced that they will now be listing Dogecoin as an asset for trading. Robinhood’s cryptocurrency platform is available in seventeen states and got its first time in the news after it made the decision to launch a zero-free Ethereum and Bitcoin trading earlier this year. The Robinhood crypto platform is allowing further offers for consumers to access Bitcoin Cash and Litecoin
BUY DOGE/USD ON ROBINHOOD
ENTRY 0.00248
ENTRY 2 0.00255
TP.1 0.0031
TP.2 0.0062
TP.3 0.0078
TP.4 0.01
DOGEUSDT formed bullish Shark | Upto 59% expectedThe Priceline of Dege has formed bullish Shark pattern and entered in potential reversal zone and ready for bullish divergence at any time.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of Doge price action's moves:
After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between $0.00211851 to $0.00188621
Sell between: $ 0.00243593 to $0.00301757
So this mid term trade has potential to produce upto 59% gains.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
DOGEUSD Buy Signal ahead of the Golden CrossThis is not based on any standard technical pattern. I am simply taking the buy approach here as DOGE is replicating the 2014-2016 cycle.
In particular is has entered the final consolidation phase before forming a Golden Cross on 1D, which will be the signal for a test of the 0.0070 September 2018 High. The same pattern it followed in 2016. See the similarities also on the previous Lower High within the 0.500 and 0.382 Fibonacci as well as the Golden/ Death Cross coherence.