Dogeusdtshort
DOGE coin is The real S***. Funny coin without a reason to grow!Doge is the real s***coin. It also responds to news and Tweets very sensitively. There is no reason to grow. Maybe some whales will take stoplosses.
The technical analysis is not entirely clear, except that the main trend is down trend and the secondary trend line is also down trend.
Since the price is on the Point Pivot, the quick Scalp Trade Long is possible, but prefer Short.
We will give us more ''Price Action'' at lower time frames. I'm going to look for entry...
REMEMBER: Trading witnout Rules based strategy is pure GAMBLING!
💥DOGEUSD LIKELY MOVE - PUMP TO $0.56 OR DIP TO $0.25Based on what we can see on the chart, we have a bullish pennant chart pattern in view. We also have price tested 3 credible support trendines and 2 resistance trendines.
Right now, we need a either a rejection on the trendline or a breakout to know the next move.
If price is unable to break the support trendline downward, we ride back to $0.56. But if price breaks this trendline downward, price will dip to $0.25.
Let's wait and see what happens.
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⚠️ DOGECOIN: What Is Next ? ⚠️A quick technical analysis on DOGE to be able to have an idea how it will move in the coming days/weeks. We provided you with all possible scenarios, so have a look at the video to understand more what might occur.
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DOGE Analysis for next 24 to 48 hoursBased on the current chart , we have first resistance at 0.52 and second resistance at 0.575 . If both resistances are broken then we will be able to see new highs.
If first resistance of 0.52 is broken , long upto 0.575 is a target.
If second resistance of 0.575 is broken, long upto 0.70 is a target.
If first resistance of 0.52 is rejected, short upto 0.44 is a target
DOGE COIN : Story over or new chapter beginsNot a proponent of coin personally but given it's marketcap, it needs to be on watchlist. Euphoria seems to be over and uptrend won't last if it goes down and breaks blue channel.
BUT why is there too much of negative news suddenly(Elon musk cautioning, Barry silbert disclosing short position).Is someone filling bag? Time will tell.
Dogeusd analysis ... 1h= Inside an upward price channel.
= From level 0.712791 to level 599321, rapid speculation (scalping).
= Purchase:
Exceeding 0.953566 goes to 0.712791.
Exceeding 0.712791 goes to 0.775439.
= Sell:
A break of 0.630715 goes to 0.599321.
A break of 0.599321 goes to 0.569778--0.531693--0.485990.
= Important note: The analysis needs direct follow-up because it contains fast deals ...
= We do not have equal balances of power between buying and selling, so we must be careful in trading
💥DOGE - DIP TO $0.45, THEN PUMP TO THE MOONDOGECOIN
DOGEUSDT BUY/LONG
Entry - $0.41 - $0.46
Tp1 - $0.75
Tp2 - $0.80
Tp3 - $0.85
Tp4 - $0.90
Stop loss - $0.36
Apply risk management
For investors and traders, we all know this is the coin to profit from.
As we can all see, we have four (4) credible support and three (3) resistance trend lines on this chart.
Price has failed to break the third resistance upward, therefore I expect price to short $0.45 to acquire more strength to go long to the Moon at $0.75 - $0.90.
What do you think?
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DOGE - TO DIP TO $0.45 BEFORE PUMPING AGAIN🤔Yeah!! We all know know that price broke through the supply zone upward.
Thereafter, price went ahead into a rising channel, followed by a downward trendline breakout and retest which signifies a sell order.
Therefore I expect Doge to short to $0.45 before a bullish movement will occur.
What do you think?
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Also, kindly cheer me with coins if you like my work.
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Happy Trading💰🥳🤗