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DOGE - Around Support Again ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we know that DOGE has been sitting around a strong resistance and round number 0.1 DOGE rejected the resistance and traded lower, and now it is sitting around 0.08 support in blue. 🏹 For the bulls to take over short-term , we need a break above the last major high from H4 highlighted in orange. 🏹 And for the bulls to take over from a long-term perspective, we need a daily close above 0.107 In this case, a movement till the next resistance 0.13 would be expected. 📉 If we break below 0.075 , we will be expecting further bearish movement till the lower red trendline where we will be looking for new short-term buy setups. Which scenario do you think is more likely to happen first? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
18
PEPE - Speculating on the newest MemeIts hard to accurately chart a semi-liquid post-parabolic memecoin, but it looks like a major decision point incoming. If major bids don't show up soon, it will drop down to retest the horizontal support, and failing that lead to a breakout to the downside. However a small downsize move below support could confirm a flag and leads to a nice rally if it taps a sufficient demand zone. Note: Liquidity is a risk with this token and at any point one of the larger bagholders could crush the price due to limited liquidity. If that improves it also improves the prospects for a longer term price appreciation. My bias is still to the downside in the near term, with the descending resistance against the horizontal support with diminished volume. But if it breaks to the downside I'll consider buying a small bag, even just HKEX:50 , and holding to the next bull market. Cautious traders should look for a higher low before considering entry. While there were many other Pepe tokens attempted in the past, this one gained more traction and could do well in the next bull market.
by 1BigPapi
DOGE/USDT Technical Analysis: Will Dogecoin Hit $5DOGE/USDT Technical Analysis: Will Dogecoin break through the $0.120 Resistance Level? Dogecoin (DOGE) has been one of the most talked-about cryptocurrencies in recent times, and it's not difficult to see why. It has seen some impressive gains in the past week, with a 40% increase in value. This was followed by a 30% pump in a single day after the Twitter logo changed. But what does the future hold for DOGE? In this technical analysis, we will take a closer look at the current state of DOGE and where it might be headed. Current State of DOGE DOGE is currently trading at $0.1, and as mentioned earlier, it has seen a 40% increase in value over the past week. The cryptocurrency broke out of a very long bear flag and is now trading in an uptrend. However, the big question on everyone's mind is whether DOGE will be able to break through the $0.120 resistance level. Expectations and Predictions Based on the current state of DOGE, it is expected that it will pump a bit more. However, it is also expected to reject from the $0.120 resistance level. If this happens, there are high chances that it will hit the $0.06 level again. Therefore, it is essential to keep a close eye on the $0.120 resistance level. If it breaks upward, DOGE will fly high, and the cryptocurrency could see some impressive gains. Important Levels to Consider In any technical analysis, it is important to consider the support and resistance levels. In the case of DOGE, the support level is $0.06, while the resistance level is $0.120. These are the levels to watch out for if you are planning to enter any trade. Takeaways DOGE is currently trading at $0.1 and has seen a 40% increase in value over the past week. The cryptocurrency broke out of a very long bear flag and is now trading in an uptrend. DOGE is expected to pump a bit more but may reject from the $0.120 resistance level. If DOGE breaks through the $0.120 resistance level, it could see some impressive gains. The support level for DOGE is $0.06, and the resistance level is $0.120. Conclusion In conclusion, DOGE has seen some impressive gains in the past week, and it is expected to see more gains in the future. However, it is important to be cautious when entering any trade as the cryptocurrency may reject from the $0.120 resistance level. Remember to do your own research before making any investment decisions, and never trade blindly as it is your hard-earned money.
Long
by CryptoPatel
5
DOGE - Make Or Break Zone 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After breaking above 0.08 resistance , DOGE traded higher in an aggressive manner to find resistance around 0.1 0.1 is a previous support turned resistance and a strong round number. 🏹 For the bulls to take over from a long-term perspective, we need a daily close above 0.107 In this case, a movement till the next resistance 0.13 would be expected. Meanwhile, the 0.1 - 0.107 zone is still acting as a resistance and the bears can still kick in (by breaking the last low from H1) In this case, a movement till the 0.08 support / demand would be expected where we will be looking for new short-term buy setups. Which scenario do you think is more likely to happen first? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
17
DOGE Long-Term View 🔎 Analysis #24/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. DOGE has been been overall bearish trading inside the red falling channel . 🏹 For the bulls to take over long-term , we need a break above the upper red trendline and 0.09 resistance. Meanwhile, as we approach the blue support or green demand again, we will be looking for short-term buy setups 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
2
Floki at Max Momentum Ready For 200% ?Floki crypto is a relatively new meme that has gained popularity in recent months may be ready for another significant price move. Recent price action of Floki has been producing perfect curvature to the upside as it once again tests this curve it appears to be entering into a max bullish phase that may have significant upside. However, it's important to remember that cryptocurrency markets are highly volatile, especially meme coins and subject to various factors that can impact prices as fast as elon can tweet. Failure to respond in the same momentum curve can just as easily lead to a massive sell off. Current target is an additional 200%
Long
by Degen-Dynasty
4
Gme looking good Some people have been worried about NYSE:GME and if the cycles were dead. Good news gme looks to still be on the cycle. Bad news Nov opex was in November. Shocked Pickachu face. After falling from the August run up gme stayed flat (1) while other meme stocks like NYSE:AMC and NASDAQ:TSLA fell (2). Because gme didn't get shorted it had a weak barely noticeable Nov Opex. however, as you can see other meme stocks did have a Nov opex (and you can even see gme did too albeit a small one). No shorting no opex. This may be disappointing for people still waiting for it. Good news however is after Nov opex all the meme stocks got shorted (3) and we seem to in the middle of bouncing from that (4). In short gme was dead sept 7th -dec 7th but now appears to be back on track. Gamestop correlates strongly with inverse VIX. Correlation broke on Oct 31st 2022 for some reason and restored Jan 6th 2023.I believe we may be playing out the Vix movement from Oct 31st onwards delayed. VIX has gone down since then so we should go up.Vix has kept its trend and should go lower today and Gme should pop today. I believe we may be playing out delayed price action from when correlation broke (labeled with a 4) Would like to see a 10% up day and to break 24 today. Other meme stocks have rebounded to the price level they were at before they got shorted down. I expect gme to eventually get back to $25-$27. Depending on optiion interest that could cause a large run up past that. Also, ftd's have started on gme again stocksera.pythonanywhere.com and are due in febuary further helping gme. all in all, it's been a rough several months, but everything is looking really good for a run on gme soon.
NYSE:GMELong
by J2DP
3