DOGEUSDT: POTENTIAL TRANSITION TO BULLISH CONTINUATION PATTERN?Hello Traders, here's your free outlook for DOGEUSDT! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :)
DOGEUSDT is breaking the bullish symmetrical triangle. The momentum indicator is pointing up in the neutral area, indicating potential upside movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell cryptocurrency.
DOGEUSDTPERP
DOGE/USDT (New Sign of Strength?)💎Technical Analysis Summary💎
DOGE/USDT
-DOGE found support at the key areas around $0.26
-This zone is a confluence of Fib 0.382-0.5 levels
-Also, the 100MA acted as support as well for the past 9 days
-If this mini trendline breakout will receive more follow-through
-I think the next potential target is up t $0.35 or the recent swing top
-Be sure to follow proper risk management if you will trade this coin
-Good luck and trade responsibly
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DOGEUSDT Breakout!DOGEUSDT (4H CHART) Technical Analysis
Falling Wedge Pattern
DOGE/USDTT currently trading at $0.3015
Buy-level: Above $0.2966
Stop loss: Below $0.2717
Target 1: $0.3250
Target 2: $0.3454
Target 3: $0.3796
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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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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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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