DOGEBTC trade ideas
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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Here I go short on Dogecoin and DOGE will go downHere I go short on Dogecoin and Dogecoin will go down. The price is testing the major support, so now I go 5x short and the bullish breakout will start. And Dogecoin will go down. See you down there
Doge preparing for another massive bounce up? When we are going down fast and the RSI is even going lower...... --> there is only one way up.
Just hold tight, its gonna be a heck of a ride
Technical Chartyear end updates are expected to push the price out of the bearish trend. target is 33 and then 75-120
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.
DOGE/BTC Buying Opportunity... At least 63% upside!Doge has entered into a accumulation / buying zone. A simple retest of the .382 fib into resistance would result in a 63% gain. Not a bad place for a appropriately risked buy.
Technical Chartkeep an eye out in November for buy signals this could break anytime through Dec and hopefully as soon as there's a surge in the market.
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
Get the hell BACK into DOGE ;)Rinse and repeat cycle been strong for years. Same targets as before.
Best of luck
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.
Dogecoin Enters Accumulation ZoneDogecoin (DOGEBTC) has entered its "accumulation zone", marked on the chart.
Each time this level is hit what follows is bullish action/growth/increase in prices.
It is safe to say that Dogecoin will move up from here as depicted on the chart.
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.
Wait for it...Search for my comment on this idea. It may go down in history.
When I finally get a computer up and running again, I'll come back and update this idea just to say I told you so.
Good luck.
Easiest 24x of this century. Dogecoin doesnt need us. We need itGenerational wealth right at your fingertips.
Doge currently sitting at 6-year support of 27 sats. It is basically a stable-coin by now... until it isn't :O
*not financial advice.
