DOGE 1HR → A Drop Before the Pop! Here's a Setup for Max Profit.Doge is currently marching forward in a bull channel showing the bears who's boss. Both the Daily and Hourly timeframes are bullish, but don't long yet! Within the 1HR bull channel is an ascending wedge pattern, a bearish signal. Does that mean we short?
How do we trade this?
Shorting in a bull channel is not ideal, there are more bull candles than bear, making the probability of profit greater for the bulls. We should let the ascending wedge pattern play out, and let the price fall near the bull channel support and bounce. If Doge gives us a strong bull signal and confirmation bars closing on or near their highs, it's reasonable to long. Place a protective stop below the bull channel support or 200EMA and set a take profit target near the previous high of $0.083.
Trade Idea
Long Entry : $0.0795
Stop Loss: $0.0775
Take Profit: $0.0835
Risk/Reward Ratio: 1:2
Key Takeaways
1. Bull Channel, Bias to Long.
2. Ascending Wedge Within Bull Channel, Bearish Short-Term.
3. Wait for Bull Signal and Confirmation to Long off of Bull Channel Support.
4. Bitcoin Struggling to Break Weekly Resistance, a Market Leading Indicator.
5. RSI at 50.00 and below Moving Average, wait for a sign of support to Long.
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Dogeusdt
DOGE: Approaching ResistanceDogeCoin (DOGE) technical analysis:
Trade setup : Following a bullish breakout from Descending Triangle, price broke above 200-day moving average, which confirmed an Uptrend. Price also briefly broke above $0.08 resistance where it got rejected in August but has pulled back on some profit taking. Now we wait for price to either
1) break above $0.08 again to signal continuation of uptrend, with upside to $0.10, or
2) pull back near $0.07 support for a swing entry in Uptrend with upside potential back to $0.08. Fibonacci retracement levels are $0.075 (38.20%) and $0.0725 (50%).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.070 (previous resistance), then $0.060. The nearest Resistance Zone is $0.08, then $0.10.
DOGE ☀️ 24-Hour Upside Potential; Time to Buy?Bearish clouds ☁️ linger over the global crypto market in the next 24 hours, signaling a downward trend for Bitcoin, Ether, and altcoins. Only Dogecoin sees a slightly bullish ☀️ break, hinting at upside potential, per ATTMO.
Over a one-week horizon, the ☀️ will return, shining over much of the crypto universe. Altcoins like Avalanche, Ripple’s XRP, Polkadot, and Polygon face lingering bearish clouds. ☁️
Follow us for more crypto weather reports!
DOGE will decrease by 20%, then does the magic as always.Hi Traders,
Just some basic weekly candlestick check.
We saw a brutally nice red hammer at the top of the trend. This symbolize a massive price decrease in the short term (1-3 weeks).
Stoch RSI is already showed that we will go down.
Also, the Ichimoku cloud is read and thick as hell, which basically means that it is barely impossible to go above or into that level. This is the rule how we should read the indicator.
I expect a price decrease around 10-20% and then a massive increase. Check my BTC idea also, because the market is still led by the big pappa, the BTC. :)
Best of luck.
Doge Crazy Numbers are Talking- Don't look at the Fibo, it's messy.
- i just added Fibo on this trend because i want to see the final results after next bullrun.
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- So let's talk % :
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- if u bought the bottom in 2016 and Hodl Doge until ATH.
- You could have win 930 000%+
- invest 1000$ in 2016 Bottom
- Get 9,300,000$ at the top of the ATH in 2021 ( yes 9.3 Millions $)
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- if u bought the bottom in 2019 and Hodl Doge until ATH.
- You could have made 30 000%
- invest 1000$ in 2019 Bottom.
- Get 301,000$ at the of the ATH in 2021.
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- The last bullrun in 2021 was Extremely Bullish.
- if you know about Fibo, you will notice the " WTF ?" in the chart.
- Doge literally exploded the 423.6% Extension to go 100%+ Higher...
- what a performance!
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- So for the next bullrun the minimum we could get for Doge is 3$.
- Around 5600% from the last bottom.
- invest 1000$
- get 56,000$
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- So all those numbers and % look crazy right ?
- But Numbers are talking, not me!
- Remember one thing, to be a day trader is really hard.
- But to be Hodler and armed with patience is much more easy.
- Making money is the long run is the best method.
- invest what u don't need for living and just wait few years.....
Happy Tr4Ding !
DOGE Looks ☀️; Upside Potential in the Next 24 Hours? Mixed trading conditions hover over the global crypto market 🌐 in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin and Dogecoin. However, bearish clouds ☁️ will exert pressure on the rest, including Ether, Ripple’s XRP, and Binance Coin.
Over a one-week horizon, the sun is forecasted to break through 🌥️, casting rays of positivity on Ether, Litecoin, and Binance Coin. Bitcoins are expected to bask in this upside trend ☀️, according to ATTMO. Nevertheless, bearish clouds are predicted to persist over XRP, Avalanche, and Polkadot. ☁️
Follow us for more crypto weather reports!
DOGE → To the Moon or Doom!? This Chart Makes It Clear.Dogecoin is currently sitting on Bull Channel Support, a moment we need to pay close attention to if we want to enter a trade and maximize our profits. If the price falls through, we should be looking to get short and a bounce means we ought to long.
How do we trade this?
If you're not in a trade right now, wait. We need to see not only a bull signal bar but a bull confirmation bar as well for optimal justification to enter a long. That means a bull bar closing on or near its high above the bull channel support. Long take profit targets could be the previous high of around $0.087 and the top of the bull channel of around $0.09. Stop loss should be just below the 200EMA.
To justify a short, we need to see a bear bar closing on or near its low below the bull channel support, preferably below the 200EMA. That would be our signal bar, the confirmation would be a follow-through bar closing on or near its low below the 200EMA. Reasonable take profits would be the previous support areas around $0.068 and $0.06. Stop loss just above the 200EMA.
Key Takeaways
1. Bull Channel, Bias to Long.
2. Currently Testing Bull Channel Support.
3. Wait for Bull Signal and Confirmation to Long.
4. Bitcoin Struggling to Break Weekly Resistance, a Market Leading Indicator.
5. RSI at 42.00 and below Moving Average, wait for a sign of support to Long.
You are solely responsible for your trades, trade at your own risk!
If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
DOGE Dogocoin Price Target If you haven`t bought the dip on DOGE:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is DOGE Dogocoin.
I've set a short-term price target for DOGE Dogocoin at $0.070.
Looking forward to read your opinion about it!
DOGE: Approaching ResistanceDogeCoin (DOGE) technical analysis:
Trade setup : Following a bullish breakout from Descending Triangle, price broke above 200-day moving average, which confirmed an Uptrend. Price also briefly broke above $0.08 resistance where it got rejected in August but has pulled back on some profit taking. Now we wait for price to either 1) break above $0.08 again to signal continuation of uptrend, with upside to $0.10, or 2) pull back near $0.07 support for a swing entry in Uptrend with upside potential back to $0.08. Fibonacci retracement levels are $0.075 (38.20%) and $0.0725 (50%).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.070 (previous resistance), then $0.060. The nearest Resistance Zone is $0.08, then $0.10.
DOGE bottomed, Alt season aheadAs with other ALTs, market looks like it has reached a saturation point following the decline from 2021 Market highs. Expecting Dogecoin to challenge the 200WMA both on DOGEUSD & DOGEBTC.
Possible ALT Season ahead. Doge might prove to be a leading ALT.
Best, Hard Forky
2021 Top signal
a happy doge holiday is comingdoge finished 5 waves down ran for the a+b now preparing for the C
doge aproaching the corner of a triangle programed for breakout by latest 20-21 december
TD sequential closed 9 red candle styx and i am expecting a new green count any day now.
the current daily candle seems to be closing as a bullish hammer candle in 15 minutes.
holidays are fast aproaching and i expect doge going for a run together with bitcoin and bring back hope to the crypto markets.
elon is having fun lately with twitter while fighting the trolls, bots and liars, leaking truth and bringing back power to the people. inevitably dogecoin plays some kind of role in this as well which soon could be revealed acting as a catalyst to push price & dominance further up.
my next target is 0,245 cent
do not blindly trust my analysis & feelings. i could be wrong and break down lower instead.
happy trading and happy holidays!
DOGE ANALYSIS🔮 #DOGE Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Descending Triangle Pattern in #DOGE and #DOGE sustains the bullish momentum after the breakout. It's a weekly breakout and we can see more higher price in long-term. 📈📈
💸Current Price -- $0.07839
📈Target Price -- $0.14730
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#DOGE #Cryptocurrency #Breakout #DYOR