DOGE | E-God - consolidation - 15% possible!Dear Traders!
Please check my other ideas about DOGEUSDT.
Feel free to put your thoughts in to the comment section, and like if you agree with my idea. :)
Lets get down the business.
We are inside a Descending Triangle in 4H time frame of the BINANCE:DOGEUSDT .
We might see a move until the red support line (around $0,0587), and that point, the market decides, but in my way of thinking, there will be a quick nosedive in price for the lowest part of the descending triangle, to accomodate more accumulation.
Furthermore, we will break out the triangle, and shortly reach our Target 1 around - $0,0.635. I will take 50% profit from that point. Because as it used to happen with descending triangle, it is highly possible that after reaching Target 1 the price will check the top of the descending triangle before the greatest increase. Buy at that point.
The STOCH RSI is also bullish from below.
We are in the bottom of the channel in MACD which is also bullish.
Sooner or later the Ichimoku cloud will also turns to green. Bullish signs.
There are many bullish signs for DOGE, but unfortunately or fortunately, this is only technical analysis, where nothing is for 100%
Last but not least, I really hope that Elon Musk will soon post something nasty about Dogecoin, or Egodcoin whatever .. .:)
Thank you for reading my idea.
Best Wishez,
Arokthomasso
Dogeusdtlong
DOGEUSDT RISE 2021Hello! Traders
Some support and resistance lines are mentioned above in 2H chart .
In every Bull Run some coin pumps more than expectation, Dogecoin (DOGE) is the one of those coins. Nothing more to say about Elon Musk's Tweets as we know already about it.
What do you think about this DOGE Rise ?
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Doge ExPloGe??????Is Doge Coin about to break out of this ascending triangle and bullish pennant?
I know there has been A LOT of hype around this coin lately, and it seems to be growing. Ever since GME, people are starting to stand up to the institution bullies.
Some say Doge is a sh** coin, and some say it has great potential. From what i've read, many companies are adopting it, even Pornhub...
There is apparently a huge event happening on the 4th of Feb 2100 EST, which many believers in Doge are getting together to pump the coin to the moon. Will it happen? To be honest I think people are going to follow through on this. Will there be something that gets in the way of their plan? Perhaps yes. There is a battle being waged against the little folk and the institutional giants. People are tired of the colluding and manipulation. Even Elon himself has called out these people, and made them pay when he liquidated 40 BILLION DOLLARS worth of shorts with his Tesla stock. Tensions are higher, lets see what happens on the 4th of Feb. I have a small bag's worth since the beginning, for giggles.
Happy trading!
DOGEBTC potential 100%+ Bounce incoming, but high risk!Hi guys, if you like this post, please support me by clicking the like and follow buttons by leaving a comment! Thanks!
Potential bounce off of 200MAs incoming.
If history repeats itself, should get a nice bounce here. A break and close below the 200MAs invalidates this.
DOGEUSDT/DOGEBTC LONG OPPORTUNITYDOGE is extremely undervalued right now from a trade opportunity perspective. Everyone knows each bull market cycle DOGE pumps tremendously. No one is talking about DOGE right now. Volume is extremely know, although it normally is.
From a chart analysis perspective, the CMF indicates substantial buying pressure as of late, and could move into the 0.25 - 0.40 zone. For DOGEUSDT, it appears it has broken out of a potential triangle, which is sending it to test the 0.00337 level. An upward break of this level will likely send it to the target range between 0.0037 and 0.0040, which should put DOGEBTC back to the 20 sat level. DOGEBTC is sitting on strong support at the 16 sat level. Binance orderbook indicates strong support down to the 13 sat level, although that can obviously change easily so if trading this, I would use appropriate leverage with a stop loss, or buy and hold.
This is not financial advice.