DOGEUSDT SPOT BUYINGDOGEUSDT trading inside a triangle, also making a cup and handle. Why am I so interested in buying DOGEUSDT now? It's because the technicals are aligning with the fundamentals perfectly. YES! its because the 26th of August is International Dog day. Well I am a trader and I have to depend on both these factors, mostly the technicals. The structure looks good.
So Yeah I am interested in accumulating doge at the moment. I will trade it on spot and will take multiple entries.
Dogeusdtlong
Bullish pattern in Doge* Dogecoin in 4H time frame forms Falling wedge pattern.
* Falling wedge is a bullish pattern appears when the price moves between two slightly downward sloping trend-lines forming lower-lows and lower-highs.
* Here the lower trend-line works as support and the upper trend-line works as resistance for the price.
* If the price breaks the upper trend-line we can expect a bullish move till $0.3250.
* DOGE is bearish below the lower trend-line.
DOGE - Buy a break setup.DOGEUSD - Intraday - We look to Buy a break of 0.3001 (stop at 0.2897)
Daily signals are bullish.
Trading close to the psychological 0.3000 level.
A break of bespoke resistance at 0.3000, and the move higher is already underway.
Our profit targets will be 0.3279 and 0.3319
Resistance: 0.2900 / 0.3000 / 0.3100
Support: 0.2700 / 0.2600 / 0.2500
⚠️ DOGEUSDT ⚠️ 4H TF (Update) ⚠️Update : Given that the #Dogecoin had moved out of the bottom of the symmetrical triangle pattern, we expected correction. Currently, the most important #Dogecoin support is in the $ 0.277 to $ 0.29 range. If the price reacts well to this range, we can expect growth to $ 0.313, $ 0.33 and $ 0.35, the next targets are valid according to the previous analysis. If this support is lost The next support is $ 0.23 .
BULLISH TRIANGLE - DOGECOIN TO $0.40 IN THE NEXT DAYS As you can see here, Dogecoin is forming a new bullish triangle in the 4H chart which will result in a growth to at least 40 cents. We can also see a contraction of the momentum one the MACD which indicates us a big movement is coming soon.
Bitcoin is bullish, one more reason to believe dogecoin is going up and slowly recover from its last correction
DogeCoin 1D TF Update : (Log)Let's buy Some #DOGEUSDT (DogeCoin) , Shall We ?? Great Move Starts From Yesterday ... After The break we can add some more ...
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)