Dogeusdt
🔥DOGE MAKES A FALSE BREAKOUT: WHAT TARGETS CAN IT REACH?🔥Hi, friends! Dogecoin is ready to explode soon because of false breakout of local low. This is one of the most powerful trading patterns! So in this idea, I will show you the best entry point to long. Read to the end!
📊 MY TRADING PLAN FOR DOGE:
🔥 a pullback to $0.079-0.081 value area
🔥 bullish BTC
🔥 huge buy orders on DOM and Footrpint scalping tools which helps me to track the big guys and open a trade with them
🚩 Friends, one more pullback is highly possible, because I expect BTC to trap long traders one more time. The BTC pullback leads the 99% alts to make a pullback too. DOGE can possibly reach $0.071-0.074. This is one more place to open a long with great RR potential.
✅ MY TARGETS FOR DOGE:
1. $0.1 - the local highs
2. $0.11 - the closest key level
3. $0.136 - the key level
Traders, how do you think the upcoming pump will be related to the launch of cryptocurrency payments on Twitter? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
DOGE support zone 🚀 Hello 🐋
Based on the chart
the price is close to the channel resistance and possibility of the retest to this area ✔️
and
we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀
the main
point is that for any huge pump and gain, we need more new volume 📖💡
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
A possible Scenario after the breakout.Good day traders. We have this descending trendline that we have not broken out since five weeks. If we breakout we have multiple levels of TP, starting from the 0.92 level.
I would suggest waiting for the breakout to be confirmed by a 4h candle stick closing.
And always follow your own plan.
RLinda ! DOGEUSDT-> Consolidation. Expecting something serious DOGE is wedged within the boundaries of a strong consolidation, the price reacts weakly to BTC maneuvers, but at the same time the coin is in a local uptrend.
We have an uptrending price channel, with strong support and a floating resistance line, the price is trading below the liquidity zone, judging by the volume profile indicator, which shows pressure from the resistance on the price.
The descending triangle indicates bearish pressure on price.
DOGE has a high liquidity density below the support level, the coin reacts to the news with purely bullish momentum, but now it looks like the price will test the support to grab the liquidity.
There is a possibility of two scenarios:
The first one is simple - a breakdown of the downside resistance followed by a bullish momentum formation towards 0.10800.
The second one is more complicated - breakdown of support, capture of liquidity. Perhaps price decrease to the area of 0.0658, rebound and bullish entry to the support line with the subsequent growth to 0.1000.
Regards, R. Linda!
Best entry point? Key support tested! 27.02.23What happens when a "falling wedge" pattern meets a long-term support line and they both bump into a potential Elon Musk takeover by Twitter?
"Falling wedge" is a bullish reversal pattern. 0.85 is key resistance to pass for breakout up, confirming much further upside above.
Support line goes back to October 2022 and confirms higher lows.
Dogecoin is a POW coin (proof of work) and is mined similar to Bitcoin, no pulling the rug here.
Dirt cheap, great upside, exciting stuff.
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I encourage you to do your own research and practice caution when trading, especially leveraged products.
Thank you for reading! Any comment to help me improve my content would be highly appreciated.
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doge breaks the trend line 🚀🚀Feb 20
Hello 🐋
Based on the chart
the price is close to the channel resistance and possibility of the retest to this area ✔️
and
we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀
the main
point is that for any huge pump and gain, we need more new volume 📖💡
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
DOGE: Approaching SupportDogeCoin (DOGE) technical analysis:
Trade setup : Following a bullish breakout from Descending Triangle, price also broke above $0.09 resistance level but failed to sustain that. Nevertheless, trends have turned bullish. Pullback near $0.075 support (also 200-day moving average) could be an attractive swing entry. This trade setup is valid unless price drops below $0.075 (stop loss level).
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.075, then $0.055. The nearest Resistance Zone is $0.090, then $0.115, and $0.150.
Dogecoin Analyze (Short Term, 1-hour Time Frame,02/22/2023)🐶Dogecoin was able to make a symmetrical triangle.
Also, Dogecoin broke the lower line of a symmetrical triangle.
I expect Dogecoin to go down.
Dogecoin Analyze (DOGEUSDT), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DOGEUSDT trading inside weekly support zone but move up likelyThe price is consolidating inside the weekly support zone. I think the price has a higher probability to follow the path indicated in this post. The price is likely to hit first the small support zone marked by path S1 and then follow the path L2 also marked on the chart.
DOGE COIN near to support zone 🚀Hello 🐋
Based on the chart
the price is close to the channel resistance and possibility of the retest to this area ✔️
and
we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀
the main
point is that for any huge pump and gain, we need more new volume 📖💡
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Who Let The Doge Out? - Part 2Dear My friends,
We recommend monitoring Dogecoin's behavior closely as it enters the 4 o'clock timeframe, despite its current price being below the cloud. While the first support of the 4-hour timeframe has been breached, there are indications that this may be a false breakout. Specifically, we anticipate a robust rebound supported by a stronger level of support located just below at the price area of 0.799. This prediction is bolstered by two factors: the RSI is oversold and the triangle is reaching its apex, suggesting an imminent breakout. As such, we advise waiting for Dogecoin to surpass its prior target, buoyed by the meme coin's potential to drive market recovery.
Thank you for your attention!