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Memecoin

The MEME LivesDogecoin (DOGE) developed a significant bullish divergence signal with the MACD indicator. The bullish MACD divergence signals a potential reversal in the price of Dogecoin. This is a strong bullish reversal signal and is supported by multiple other technical factors that can revive DOGE. MACD Bullish Divergence On the daily chart, DOGE's price has made a lower low, but the MACD histogram has printed a higher low. This is a sign that the downside momentum is fading. The MACD divergence puts some doubts on the bearish side and may signal a possible change in the trend direction. 200-Day Moving Average The 200-day moving average aligns perfectly with the current swing low of $0.16 to provide further support for the bullish case scenario. We know that all prices above the 200-day moving average are considered bullish. The 200-day moving average also has confluence with the $0.15 support level, adding more weight to this price zone. Looking Ahead: On the upside, the bulls need to overcome the big psychological number $0.30, which is a key resistance level. At the same time, the MACD histogram along with the MACD's moving average need to cross above the zero levels to provide the needed bullish momentum for DOGE.
BITTREX:DOGEUSDLong
by cryptohopper
DOGECOIN (DOGEUSDT) Head & Shoulders, Potential Support @ $0.15Hi guys, this is OG back with another cryptocurrency update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. After a huge run-up that have made millionaires and caused many bankruptcies, DOGECOIN seems to be forming a head and shoulders pattern on the daily timeframe, with price hugging the neckline. Should this neckline break, Dogecoin could likely go into free fall. The first potential level of support could be at $0.15-20 , and if that fails to hold, then dogecoin will likely trend towards zero, where it was before this whole pump cycle occurred. Be cautious. Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Short
by cryptotraderog
7
SHIB/USDT Perfect Triangle!Hello Community! When looking at SHIB/USDT on the 4hr TF we can see it trading in a very tight triangle. With the market ultimately moving with BTC this can go in either direction. A breakout in either direction, beyond the trendlines shown, should let you know if you should be entering a long or short position. Keep an eye out for a breakout and a retest before making any final decisions. If entering a trade don't forget to use a stop-loss. Don't trade with what you're not willing to lose. Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated! This is not financial advice. Safe Trading. Calculate Your Risk/Reward & Collect! Simplicity Wins (
by rnaofs
DIMOND HANDS NEEDEDAfter forming a Head and Sholders and that double bottom im hoping to see some upward movement, but since there is not much support on this coin, we have to wait for its developers to publish their new SHIBASWAP Exchange website and then we can expect some upward movement! even some sharp ones!! but until then, i suggest you keep your coins, dont ssell, support this new memecoin which is trying hard to do good (except killing doge joke ofcourse) BUY THE DEEP and become its support!
by jghanavizi
3
DOGEUSDT - LONG TRADE PLAN ➡️ 0.087Welcome! What's up traders! Thanks for Jumping back on my Analysis, 👨💻 Trader champ is here behind the charts, Hit the thumbs up 👍 and support the work Follow the trade plans and notes. Sketch up your own trade setup and make sure you meet with the required confirmations first, before you make your move! ________________________________________________ Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments. Mohamed Khalid Rafi , Senior Financial Analyst, Profitlio Trading.
Long
by Profitlio_Trading