DOGE/BTC WEEKLYWeekly stochastic is very oversold and price has been holding at the 24-26 sat level (yellow line).
If MACD continues dipping down we might see a visit to the lowest support formed by the 2017 bull run around 19-21 sats (red line).
I'm predicting another couple small pumps to the green trend line around 50 sats until we reach the end of the triangle and then who knows...
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BTC : bc1que27d0v68krxt6dvfzrd95w73f87pexxj7xrfu
DOGEBTC trade ideas
Important level of DOGE Coin! (DOGE/BTC)DOGE Coin has significant loss after its last pump (60 to 16).
If it succeeds to stay above 16 sats, we may see some sideway before the new pump.
The range of 16-18 sats may be a good entry point for long traders.
16 sats is the ATL level and very crucial here. Need to watch carefully this level.
Cloud is getting thinner and that's another sign for the end of downtrend.
However, it's still red!
So remember, trend is still down!
Happy Trading! ☺️✌️😊
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DOGE/BTC Preparing for Massive BounceDOGE is a particular coin. Nothing really happens until it shoots up, often with more than 300% increases.
The area around 20 sat (green) is considered a major area of resistance wich also functions as a trampoline, sending the price to the moon. Luckily for us, we are currently in this "trampoline-area". If DOGE's past is indicative for the future, we could see a massive spike again soon.
DOGE/BTC (Testing Monthly Key Level Support)💎Technical Analysis Summary💎
BITTREX: DOGEBTC
-The monthly Bear flag has been confirmed
-After the price broke its key level of support around 22 sat
-DOGE is now testing its Monthly swing key support around 15 sat
-We can see this level has been tested twice last Jan 2017 & Nov 2017
-Will DOGE repeat the history with a strong pump?
-We will have to observe the market condition in the coming weeks
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DOGE local work. Past Idea Safe Entry + 100% +118%DOGE local work. After pumping the coin + 100%, the price rolled back to the breakout price. At the moment, the price is moving along the local trend line. Close to the previous zone of position accumulation. Working on a coin by accumulating / pumping / dumping / accumulating. A good tool for making real money without believing in something that does not exist and will not be.
The right entry point is very important here. Naturally, the most appropriate is a set of positions in the channel (or its similarity), if a reversal does not occur in the near future, since an exit without pumping will already be a profit. I emphasize again, this is a very risky coin, which is used by a very small part of the depot.
This coin should not evaporate any time soon, but later, during the mass cleaning of the instruments of the "crowd of faith", I doubt it will remain. Therefore, this is only for temporary speculation and the constant cashing out of most of the profits.
Let me remind you that DOGE is a coin - a joke that has taken root and has real applications (fast and very cheap transfers, such as XRP), in contrast to the thousands of fraudulent "technology projects" that exist only because people believe in something that does not exist and never will.
Very often I use this coin for fast and cheap transfers, the main thing is fast, it is suitable for transferring "money" in arbitration. Especially when the ETH entry is closed, LTC or XRP.
The previous trading idea, published on 05/23/05, made a profit +100%
DOGE/BTC Local work. Symmetric triangle. Target.
Result 9 July 07 2020 22
+ 100% secure entry.
+ 118% Risky entry.
The less you believe in the reality of the legends of crypto projects, the higher your real earnings in the market. After all, your thinking is free from the illusions of liars.
1000% Gains coming for $DOGEI do not think I have ever spoken about Dogecoin. But truly this coin is like a family favorite.
Just have a look at this weekly chart and I can say is every time the MFI is oversold on the weekly it does not take long before it shoots up.
Look at what happens in this past. The MFI signals Green and Bamm.
Also take not at the future projection in yellow. This is a 1000% gain
Dogecoin Getting Closer To Breakout!Dogecoin (DOGEBTC) continues trading within the "accumulation zone"... Every day that passes we get closer to a bullish breakout.
Right now the MACD supports a bullish move and the RSI is looking good.
Both indicators are still showing some weakness, not fully bullish but starting to move in favor of the bulls.
With prices moving above EMA10 after 3 months of consolidation... The jump can happen anytime now.
NOTE: Just as DOGEBTC can break up in a few days, it can also take several weeks... No strong signals are in yet.
Still, this is a good support level to buy and hold.
You can always use a tight stop-loss for a very low-risk trade, with very high potential rewards.
Namaste.
DOGE/BTC with 100%+ potential upside if trendline holdsPretty self explanitory. DOGE has been in a downward spiral the past few months after hitting an all time high of 60 satoshis.
25 satoshis is strong historical support. However, be aware it has dipped as low as 21 satoshis last year.
RSI has flipped to the upside...but unimpressive volume and no follow through.
I'd like to think this idea is valid if it can hold 25 satoshis. Else, I really wouldn't want to be part of a trade if it breaks that line.
Resolution of the formation should come by the end of september/early october, at which point it will most likely either break to the upside hard or break down another level.
I'd recommend not trading this on leverage, as btc has been quite bullish lately, and the trade volume on DOGE is virtually non existent.
I'd say this is a medium risk trade, so be cautious and use a small portion of your capital.
This is not financial advice.