DOGE Wait for the level from which the price can do +60% or -30%Here is the analysis of DOGEUSDT trading pair, which was voted for in the "Bitcoin Weekend #17" idea
By the way, in "Bitcoin Weekend #17" we wrote that when the value of BTCUSDT starts to enter the liquidity zones of $48000-50900 and $50900-54200 you should be extremely careful with your positions, because the trend can reverse.
Keeping these facts in mind, let's analyze the DOGEUSD.
Let's start with the fact that our previous idea, the DOGEUSDT, is little more than a month old, and it worked perfectly and accurately at almost x2 growth.
Now let's look at the chart of the DOGEUSDT pair more globally.
As you can see, the price of DOGE has been consolidating between two levels: $0.34 at the top and $0.29 at the bottom for the last week.
In the current realities, we assume that the price of DOGE may go down one more time to see if the buyers are really ready to aggressively pull back from the level of $0.28888. If that happens, and we see strong buying volumes, that's a sure long. Also, a breakout and fixation of the price above $0.34 is also a strong long buy. For both situations, upper target is around $0.444-0.464.
If the price fixes lower than $0.2888 , it will not bring anything good for the deposit, except the possible drawdown of -30%.
So be flexible and maneuverable and keep your hand on the pulse of the market. Watch the behavior of the price DOGEUSDT around the level of $0.2888 and trade behind the trend and there will be happiness to your deposit and you)
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DOGEUSDTPERP
DOGE TriangleLooks like a symmetrical triangle has formed in 4H timeframe and a breakout is expected soon, based on the price losing momentum I guess most likely the scenario is gonna be a bearish breakout, on the other hand EMA50 is standing right on top of bottom trendline making a bullish move possible as well.
DOGEUSDT Is About To Break Above the Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, DOGEUSDT on H4 if we get a break above the resistance there would be a high chance to go higher to 0.218, it might go lower to 0.1608 before it goes higher.
⬆️Buy now or 0.1608
⭕️SL @ 0.139
✅TP1 @ 0.218
✅TP2 @ 0.267
✅TP3 @ 0.328
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DOGE/USDT Is About To Fly 🚀🚀🚀📈 DOGE/USDTPERP | Potential Upward Movement
💡 Buy Limit Order @ 0.18097
🎯 Target Profit 0.19477
🛑 Stop Loss 0.17632
❌ Do not risk more than 1% of your account on each trade
Description:
The price is bouncing inside a descending channel where it posted lower highs and lows. The coin managed to break this pattern to the upside where we expect a lower correction before the huge move upward.
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DOGEUSDT Technical Analysis
Very clear downtrend on the 1 hour time frame. After the price broke below the Support and got out of the Triangle with a long big red candle it's expected to go lower to 0.25 and even lower to 0.225. there might be a pullback which might happen at the Resistance line of the triangle. but most likely it will go lower.
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DOGEUSDT Technical AnalysisDOGEUSDT is almost at the end of the Bearish Flag and very close to a major Support. There might be a temporary Pullback at 0.278 and because it would be at the major support it is expected that the price may go higher to the upper band of the channel and in case of a breakout it will go up to 0.379 and eventually 0.473
Buy now or Buy at 0.278
SL @ 0.233
TP1 @ 0.379
TP2 @ 0.473
TP3 @ 0.583
Happy Trading :)
DOGE 12h Pattern for continued growth, goals in the ideaThe recent fall of the crypto market has not spared even the hype DOGECOIN. DOGEUSDT price fell -71% from high , low was $0.21
The wave of the fall did not reach our first lower target of $0.15 from the previous idea a little
Now the DOGEUSD price is drawing an interesting growth pattern
The first target for growth is $0.46
If, after achieving this goal, the correction is not deep in the area of $0.40, then the chance for the continuation of the growth of DOGE will remain.
We consider $0.57-0.61 as a critical zone for growth, where it is worth covering longs and looking around
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
DOGE 12h Will it be possible to buy 10 times cheaper?We believe that our previous idea for the DOGEUSDT pair worked out, because after fixing the price above $0.36, growth continued to $0.74 (our goal was $0.80)
Unfortunately or fortunately, the price of DOGE reacts very actively to manipulative tweets and after them, the price either rises sharply or falls no less.
We have built a dynamic Fibo channel , along which the DOGEUSD price moves smartly, and based on it, we can assume the future price movement.
Below we will give a few facts, and already in the comments, we will be able to discuss them and reach some kind of consensus on where the price should move.
1) Now the price of DOGEUSDT is at the critical level of $0.63. Fixing the price above it will open the way to the targets of $1.00-1.16
2) The price behavior is weak and if there will no news that pushes it up, then the DOGECOIN price can easily fall by $0.15 from where the fall was aggressively bought back a month ago. Moreover, in general, the cryptocurrency market is ready for a global correction.
3) Looking at the DOGEUSD chart, globally the level of $0.15 has no force behind it. A more or less liquidity zone starts in the $0.06-0.082 zone, which is as much as -90% of the absolute maximum at the moment.
4) The real liquidity and longs for the recent bull run were accumulated within 2 months in the area of $0.044-0.060. Therefore, a drop in the DOGE price even to $0.082 for large wallets will still bring x2. Although we think that those who organized this manipulative bull run for DOGECOIN have already sold their coins on the highs at the expense of traders who bought on the highs believing in the news that the growth will never stop. These newbies make the same mistake that their predecessors made in 2017-2018, studying the history of crypto behavior before making trading decisions.
5) We think that large investors will not mind buying DOGE again, but 10 times cheaper than the current price.
_____________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Doge; the bad puppy - Waiting for entry!!We can observe the great similarity of movement with the past DOGE, an entry with a high probability of success would be to wait for the rebound at the 100 EMA .
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER.
You invited to share your vision in the comments
DOGE 12h Come to Papa my puppy /I.Musk/April turned out to be very active for DOGECOIN investors
Large investors in DOGE had a great desire to sell it at a high price, we think this is the motivation that helped raise the value of DOGEUSDT by +760% in half a month.
And then, those who did not want to take profits or those who bought on highs in anticipation of $1 for DOGE, a -65% correction awaited.
As the history of DOGEUSD price behavior shows, after such rapid growth, the phase of consolidation and position accumulation begins.
Those who did not trade DOGE on margin, but only on the spot and had strong nerves, could sit out such a strong drawdown of the deposit. Our nerves are too weak for this), so we always trade with stops.
Now the market can give a chance to sell DOGEUSDT in the $0.330-0.360 zone. Since further the instrument may fall and get stuck in the consolidation.
There are two ways out of consolidation:
1) a break above $0.36 to the coveted $0.80-1.00
2) below $0.20, the path to $0.060 may open, as horizontal volumes show, large poses were recruited before the pump approximately below $0.060.
How to trade in the cryptocurrency market, especially such high-volatility instruments, is, of course, an individual matter.
But it is worth remembering that the only thing that we can control in the market is the risks that we are ready to accept for deposit .
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)