Doggy
DOGE Run Is Over, Back To Joke Coin Lows Again!DOGE has finished its run folks, it went way higher than it should have to begin with and now its time to go back to where it came from. Everyone is calling a bull pennant which is not correct, there is no pennant its an upward broadening wedge which indicates a reverse in trend which in this case is to the downside. Indicators are also showing weakness. Take profits and don't get left holding the bag.
Dogecoin (DOGEUSD): Time to Grow??? Finally...
Hey traders,
This morning with my students we spotted a very nice confirmation to buy dodge coin.
Retesting key daily structure support the price formed a double bottom formation and broke a falling wedge pattern to the upside.
It is a very strong trigger and now bullish wave is expected.
Goals:
0.35
0.44
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DOGE - Where do we go from here? DOGE - where do we go from here?
Recap
1. Price going higher with decreasing volume
2. RSI bearish divergence
3. Price broke down below 20 (orange shade) and 50 (red shade) of the 4H EMA
4. Price bounced off 200 (purple shade) 4H EMA
See the same pattern from mid to late April before the latest run.
What's next?
In the next week or 2, I'm NEUTRAL.
I see interest dying down, low volume, short term traders had taken profit (sell low), hodlers holding, low # of buyers. Doge likely will range-bound around the 20 and 50 EMA - 40-45cent mark while awaiting the next rumor.
HAPPY TRADING!
DOGE’s path to 9 centsDoggie broke out from the symmetrical triangle. Dropped back to its apex to confirm support and now on a parabolic uptrend (1h chart).
Looking ahead, if BTC remains bullish or range bound, I anticipate this small Doggie parabola to fail at resistant level of 0.062-0.063 resulting in a small retrace. Eventually Doggie will ride the BTC bull and breaks through.
After that, the next resistant level is looking to be the E-Muskee tweet All time high right below 8 cent.
Next up is the eventual mark of 9c where the full triangle target plays out, also corresponding to Fib extension of 0.618.
Just some 💩 I came up. Cheers!!!
DOGEy Style: An analysis on the puppersThere's a handful of more deserving protocols that should have the hype the DOGEy has gotten. This is my view, we're very likely to get another impulse up.... in due time. or i'm totally wrong and it goes straight to the moon without another impulse down. Thanks for checking it out! Drop me a comment or 2 if you think I'm crazy or if I'm on to something!!
DOGE : Day Chart : Let's take it DogE StyleIt's a fact..
Everybody loves Doggy..
But's that's a different matter..
Coming from behind, this unlikely underDOGE has carved for itself quite the niche, since it's pretty stable, and serves no purpose..
Why not get into this semi-controversial coin?
It's being used as a trading pair in some of the smaller exchanges and seems unlikely to go away any time soon..
When the only way is up, I'd say it's time to get yours..
Looks pretty good from where I'm standing..
Now hand me a beer, Darling..