DOGEBTC trade ideas
DOGE/BTC (Bounce Strong @ Fib .786?)DOGE/BTC
-found support at the last Fib .786 area
-currently trying to get hold above the .618 fib
-acceptance above this level will give upside potential up to 47 sats
-otherwise, failure to sustain will likely retest the bottom at 31 sat
-breaking below 30 sats will signal a more bearish scenario in the future
3rd Elliot Wave Has Been Started ! (DOGEBTC)Hello traders,
Doge did first elliot wave. Afterthat it finished abcde wave corrections . Right now doge has started to 3rd Elliot wave. Macd and big volume show that doge in the bullish mode. I think doge will go in 3rd elliot wave ( 1.618 fib. appr. 80 sats.)
Note:It is not financial advise.
Is it possible to analyze DOGE technically on low TF ? Hello everyone,
Nothing serious here. Just wondering if I can track DOGE with EW+ RSI divergence
Possible R:R 3.5 42.42% profit setup
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Doge coin is at a crucial point here - will the bulls wake up ?Doge BTC is at a 0.618 retracement zone, order books are stacked with lots of support at these regions.
Best case scenario is a surge in volume at these levels (38-40) with price closing above short term highs.
Would be very wary if price revisited 29 sats again.
Also, Bitcoin Dominance chart looks weak, with more money flowing into the alt coins. BTC itself is also trapped in a very long consolidation pattern between 8.9 and 9.5k.
A break in either direction for bitcoin could signal the end of the 'alt season' as people transition value into their favorite bluechip crypto.
Sentiment should become clear in the next couple of days. When examining previous pumps in doge coin it's clear that the full extent of the move can take up to 1-3 weeks to fully realise.
DOGEBTC Bears tired out.Look at that candlewick and volume!
The original elliot wave has become a big wedge. Astonishing recapture of 40sat by bulls. After having a few rallies earlier this year to about 35-40 Sat and re-accumulation on the way down, it seems irrational to think there are any sellers left who will part with their precious Doges for below this price (unless BTC starts making moves up again).
Woof!
Fly $DOGE flyEvery move in asset requires news. People need to justify every change in price.
This time for one of my favorite fundamentally built Dogecoin was TicTac craze.
In reality, after a loooooooong accumulation this amazing shitcoin is ready to rip. Just that. No protocol updates. No platform expenditure. Nothing. Simple supply and demand. More people use DOGE - more demand - higher the price. Plus weird "DOGE only" trading cycles.
Chart is self-explanatory. Just buy DOGE and sit on it. If you want to take profits, then use previous highs.
Dogecoin [DOGE/BTC] on July 11 (#DOGE #DOGEBTC)DOGE has pumped so much from our buyzone at 25-26sts and now it is turning back.
We can wait to buy it once it hit the 35-37sts zone. I think it will pump to at least 50sts in next days
Remember, buying at this moment is very risky and you must prepare for the bad case when DOGE still has chance to drop to 29-30sts