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If it can hold this level and move up to break and flip these other levels.
Elliott wave side, it looks like a ZZ up which would call for the lows to be taken. The last move up from 0.0009941, which was an option from my last update looks like a 3 wave move so there is a super bullish alternative here, a running flat. But the Price Action here has alot to prove.
0.0011732 is a strong resistance.
0.0011184 is the fisrt obsticle for bulls.
0.0010609 is displaying as support atm, a break and it could turn into resistance.
0.0009941 has been holding as strong support. Bulls do not want to see no more than a sweep of that level.
Breaking the pivot low, could just be a sweep but the Elliott wave would have to be reconfigured.
Trade Safe,
Trade Clarity.
DOGSUSDT
#DOGS/USDT#DOGS
The price is moving in a descending channel on the 4-hour frame and is about to rebound down
We have a trend to stabilize below the moving average 100
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a resistance area at the lower limit of the channel at a price of 0.001000
Entry price 0.10005
First target 0.001037
Second target 0.001080
Third target 0.001127
Will DOGS repeat the crazy growth of NOT?This idea is purely a flight of fancy and a comparison of #DOGS and CRYPTO:NOTUSD :
✅ “very close” teams of projects )
✅ A large total and circulating supply of coins
✅ now an interesting card “Durov's arrest” has been played
✅ financial markets are now charged for growth
✅ exchanges are fighting to get users to bring their #DOGS to them by offering promotional campaigns
Therefore, if the OKX:DOGSUSDT price follows the OKX:NOTUSDT fractal, the #DOGS price should not fall below $0.0009, and around $0.006, you can think about selling it
What did you do with your #DOGS?
👎- sold and got your honest $20-100 for free
👍- will be waiting for at least x5 growth
DOGS Analysis==>>Inverse Head and Shoulders PatternsOne of the tokens that has been trending for the past few days is the DOGS token . Did you participate in the DOGS Telegram project or not? Do you still have your tokens or have you sold them?
The DOGS token is moving near the Support zone .
Regarding classic technical analysis , it looks like DOGS is forming an Inverse Head and Shoulders Pattern .
Also, Regular Divergence(RD+) can be seen between the two shoulders of the Inverse Head and Shoulders Pattern .
I expect DOGS to rise to at least the Resistance zone again after breaking the Resistance lines . And if this zone breaks, we can expect DOGS to increase to at least $0.00129 .
DOGS Analyze (DOGSUSDT), 1-hour time frame⏰.
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DOGS price is heading into the buying area: analysisDOGS token has been trending for the past few days while the price has remained within a consolidated range.
After the pullback soon after the launch, the DOGS price began to closely consolidate within a range, indicating less interference of both bulls and bears. However, the token has held the local support at $0.001 tightly, which has kept the bullish hopes alive. Therefore, the DOGS price is believed to maintain a horizontal consolidation for a while and initiate a fresh rise beyond $0.00117 in the next few hours.
The DOGS price remains consolidated above the crucial support zone between $0.00098 and $0.000998, as the bulls have held above $0.001 at the moment. Meanwhile, the MACD suggests an equal participation of bulls and bears as the RSI remains elevated. Once either of the bulls or bears faces exhaustion, the rally is expected to demonstrate a relevant move. Hence, the DOGS price may hit the local support, attracting decent buying volume, which may further trigger a rise to the local high at $0.0011.
Once bulls hold these levels, then a rally to previous highs beyond $0.014 initially and later at $0.16 could be imminent.
#DOGS #Analysis #Eddy#DOGS #Analysis #Eddy
From the point of view of price action, it is in a descending channel, it has hit the channel ceiling for the third time, and now it is ready to fall to the bottom of the hypothetical channel, and after the third hit with the channel floor, within the specified limits, if confirmed simultaneously on the market, you can enter the price Invest in the specified areas and professional traders can also get into the attractive long futures market with the divergence that will happen in that area.
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Dogs looks ok as long as it stays above 0.0009941. It's followed my paths down a played off of my levels down, which remain reactive. The price action is still printing lower highs and lower lows. A 3-wave move down to the last pivot suggests the correction may not be over yet. For the bullish case to strengthen, the move up needs to stay intact, no break of the low, and break 0.0011390 to challenge the current Elliott wave outlook.
Trade Safe,
Trade Clarity.
DOGS → the first analysishello guys.
it is a new coin and we have a lack of data.
Falling Wedge Pattern: Price has broken out of a falling wedge pattern, typically a bullish reversal signal.
Immediate Support Zone: Around the $0.0009864 level. A break below could lead to further downside.
Resistance Levels:
First Resistance: At $0.0011000; a break above could signal a move to the next target.
Key Resistance: At $0.0012655; if this level is breached, it could lead to a stronger bullish move toward $0.0014500.
Bearish Scenario: If the price breaks below the $0.0009864 support, it could drop further to the $0.0008177 level.
RSI Indicator: Shows a potential divergence, indicating a possible bullish reversal.
Outlook: Neutral, with a slight bullish bias if the price holds above the support and breaks key resistance levels. A drop below the support could turn the outlook bearish.
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DOGS BUYDOGS/USDT Analysis: Hourly Timeframe 📊
The chart shows DOGS/USDT on an hourly timeframe with Buy and Sell forecast signals. Let’s analyze the upcoming opportunities based on the green and red lines:
🟢 September 8, 2024, 09:00 PM - Buy Date (Green Line):
This marks a local bottom, suggesting a favorable moment to accumulate long positions in DOGS. The price is expected to decline leading up to this point, creating good buying conditions.
🟥 September 9, 2024, 03:00 PM - Sell Date (Red Line):
This represents a local peak, indicating an ideal moment to take profits or tighten stop-losses as a price correction may follow shortly after.
🟢 September 12, 2024, 08:00 PM - Buy Date (Green Line):
Another local bottom forecasted for this date, offering another opportunity for long positions in DOGS.
🕒 Note: All times are based on Los Angeles time (UTC -7). There may be a possible margin of error of 1-2 candles depending on the timeframe. Cross-reference this analysis with higher timeframes for a more comprehensive market understanding.
What will happen to DOGS?As you know, there is not much data available from DOGS and it cannot be analyzed accurately, it is not clear how far the DOGS symbol will drop in terms of price, but DOGS can be analyzed in terms of time.
Before anything, pay attention to the time frame, the time frame is 1H.
When we put the red arrow on the chart, it seems that the DOGS bullish pattern has ended and the bearish pattern has begun.
A bullish pattern lasted for 5 days and 20 hours, and a bearish pattern is expected to take the same amount of time.
Until the date of the vertical line we have marked on the chart, the DOGS correction is expected to continue.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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Bull Thesis:
Five-Wave Structure: A completed five-wave structure labeled as wave (5) suggests a possible end to the correction, followed by a potential bullish impulse.
ABC Correction Completion: The corrective ABC pattern seems to be nearing its end, indicating the possibility of a trend reversal upwards.
Support at 0.0010845: The chart shows significant support around 0.0010845, which could serve as a base for a potential rally if prices hold above this level.
Bear Thesis:
Price Target of 0.0009633: The chart indicates a downside target of 0.0009633, showing potential bearish pressure if the current support levels are broken.
Rejection at Resistance: If the price fails to break above the highlighted resistance areas, a deeper correction could occur, pushing the price down towards the lower support levels.
Strong Resistance Zone: The area around 0.0011732 acts as a strong resistance, and repeated failure to break through could lead to a bearish reversal.
In summary:
Bullish if prices can break through key resistance at 0.0011732 and 0.0010845 and convert them to support
Bearish if prices fail at resistance 0.0010845 and breaks lower towards the 0.0009633 target.
Trade Safe,
Trade Clarity.
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Bull Scenario:
Break Above Resistance: If the price successfully breaks and holds above the 0.0010845 level, it could trigger bullish momentum.
Target Levels: Bulls would aim for higher levels, with potential targets around 0.0012 and 0.00125.
Higher Highs and Higher Lows indicates the trend at the smaller degree is up at the moment.
Bear Scenario:
Rejection from Resistance: If the price continues to reject from the 0.0010845 resistance, it could fall toward key support levels.
Downside Targets: Bears would aim for the first support at 0.0009999 and then the next level at 0.0009741.
Trend Continuation: Breaking the Lower Lows could lead to continuation of the down trend at the higher degree.
Trade safe,
trade clarity!
Breaking the downtrend lineDOGS has broken out of its downward wave from the top and is currently positioned at two key support levels, 0.00102 and 0.00096. A pullback is likely in this area, after which an upward movement toward the defined targets and resistance levels is expected. It is recommended to add this cryptocurrency to your watchlist and monitor its progress closely.
DOGS long setup / Bulls or Bears, Tell me in CommentsBINANCE:DOGSUSDT
GATEIO:DOGSUSDT
Hello Traders
💥Long position on DOGS
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.001097
0.001125
0.001158
0.001190
0.001221
0.001263
🔴SL:
0.00100
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
DOGS COIN PRICE PREDICTION AND NEXT POSSIBLE TRADE SETUPS !!SEED_ALEXDRAYM_SHORTINTEREST1:DOGS Coin Update !!
• Price Break its trendline and For short term Buyers showing interest in it 🫰
• Current structure look bullish.. If you want build small size long position with Tight SL🚨
•incase if its price get rejection from its current fib key level 0.010230$ then again i will look for buying opportunity at 0.00090$ & at 0.0008$
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Bullish Scenario:
What Needs to Happen: The price needs to break above the descending trendline and sustain above the 0.0010845 USDT support level.
Target: Move towards the next resistance levels, potentially higher than 0.0011753 USDT.
Bearish Scenario:
What Needs to Happen: The price fails to break above the descending trendline and continues to respect it as resistance.
Confirmation: A drop below the 0.0010845 USDT support level will confirm further bearish momentum.
Target: Move lower, potentially testing previous lows, and further downtrend continuation.
This analysis hinges on the price action around the descending trendline and key support/resistance levels. Monitoring these areas will provide clues on the next significant move for DOGS/USDT.
Trade Safe,
Trade Clarity.
DOGS LEVELSFrom a technical analyst's perspective, the chart for DOGE/USDT shows a clear downward trend moving within a descending channel 📉. Let’s break down the key elements:
1. Descending Channel: The price is moving within a well-defined descending channel, indicated by the black and red lines. This suggests continuous selling pressure and lower highs and lows. 📉
2. Support and Resistance Zones:
- Green Zones: These represent resistance levels, where the price may face selling pressure and could potentially drop. 💥
- Red Zones: These indicate support levels, where buyers might step in, and the price could bounce upwards. 🛡️
3. Current Price: The current price, around 0.0010409, appears to have recently bounced off the lower boundary of the channel, indicating a short-term upward move. 📈
4. Extended Channel: This note suggests that the descending channel may continue to influence price action, with the possibility of further downward movement unless a breakout occurs. If the price breaks out either upward or downward, it could signal a trend reversal. 🔄
📊 In summary, the chart reflects a strong bearish trend, but there is potential for short-term corrections as the price interacts with the support or resistance zones. Traders typically watch for channel breakouts to confirm a continuation or reversal.
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