Dogecoin (DOGE) Another Try At ResistanceDogecoin (DOGEBTC) has been consolidating in a triangle pattern since hitting a low in September 2019... The chart remains bullish.
We have a higher low recently compared to Sept. '19 and also a recent volume breakout.
EMA300, the bold grey line, is where resistance is being faced... As soon as this level is taken out, we will see massive growth with this pair like other altcoins are doing.
The longer it takes for the bullish breakout to happen, the stronger the jump.
Namaste.
DOGEBTC trade ideas
Dogecoin (DOGE) started to pumpDogecoin (#DOGE) has surged almost 20% yesterday, possibly due to a viral TikTok challenge is urging everyone on TikTok to buy Dogecoin to push its price to $1.0. Maybe this is of course a coincidence. I wonder how far it will go
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Dogecoin Ready To Jump Or Lower?Dogecoin (DOGEBTC) just touched the 25 satoshis (0.00000025) support once more.
This support level, marked on this chart with light yellow, has been holding strong since at least late September 2019.
Now, we see this level being activated again today... What do you think will happen next?
Will Dogecoin drop or will it reverse?
We have this really strong support being challenged once more and as this happens, DOGEBTC continues to print lower highs...
Thinking of this, with a bearish RSI and MACD, we are likely to see another drop before Dogecoin's price starts to increase.
Two main scenarios
1) The blue arrow represents what we've been seeing over and over on this chart. The support level activated followed by a test of EMA300.
2) We can have the early September lower support activated before the next jump.
If prices close the day above EMA10, we are looking to go straight up. But closing below can highly increase the chances of lower prices before the jump.
My personal prediction/opinion
Dogecoin (DOGEBTC) will start to move strongly within the next 10 days regardless if we activate the 'strong' or 'lower' support.
That's why we like to keep it simple... And we just buy and hold.
Namaste.
$DOGE JOIN ME IN REKTFor now
1H MA500 27 RES
1H MA1000 27 RE
1H MA2000 27 RES
1H MA4999 28 RES
1H TD SETUP TREND LINE:91(TP3)
4H TD SETUP TREND LINE:25(STOP)
4H MA500 27 RES
4H MA1000 27 RES
4H MA2000 28 RES
4H TD SETUP TREND LINE:36(TP1)
4H MA4999 42 RES
1D TD SETUP TREND LINE:22(STOP)
1D MA200 28 RES
1D MA500 33 RES
1D MA1000 42 RES
1D MA2000 46 RES
1D TD SETUP TREND LINE:133(TP4)
1W MA20 28 RES
1W MA50 28 RES
1W MA100 41 RES
1W MA200 43 RES
1W TD SETUP TREND LINE:44(TP2)
1W TD SETUP TREND LINE:158(TP5)
1M MA5 27 RES
1M MA10 27 RES
1M MA20 36 RES
1M MA50 42 RES
Further reading for $DOGE:
medium.com
research.binance.com
Descending Triangle on DOGECOIN.Hello Traders,
For DOGE we may be forming a bearish accumulation pattern called descending triangle,
The objective is this important support level.
But I don't short this asset, based on the bullish altcoins momentum.
I only see this asset bullish above 32 sats above this accumulation
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DOGE/BTC (Ranging Market > Large Move about to happen?)DOGE/BTC
-DOGE has been consolidating for almost a year now
-Big channel box between 25-32 price range
-You don't want to trade on a ranging market
-a ranging market is full of fakeouts
-the best way to enter a trade here
-is to confirm the breakout direction
-with this, you know which way you are going to enter
-and avoid being caught up in a bad situation
-once we see a candle close above 32s
-that's our first signal of a potential trend change
-upside target is up to 83s or higher
BABY JOIN ME IN REKT...For now,
1H MA500 27 SUP
1H MA1000 27 SUP
1H MA2000 28 RES
1H MA4999 28 RES
4H TD SETUP TREND LINE:25(STOP)
4H MA500 28 RES
4H MA1000 28 RES
4H MA2000 28 RES
4H TD SETUP TREND LINE:36(RES)
4H MA4999 43 RES
1D TD SETUP TREND LINE:22(STOP)
1D MA200 28 RES
1D MA500 34 RES
1D MA1000 42 RES
1D MA2000 46 RES
1D TD SETUP TREND LINE:133(RES)
1W MA20 28 RES
1W MA50 28 RES
1W MA100 42 RES
1W MA200 44 RES
1D TD SETUP TREND LINE:44,158(RES)
1M MA5 28 RES
1M MA10 28 RES
1M MA20 36 RES
1M MA50 43 RES
Further reading for $DOGE:
medium.com
research.binance.com
Doge's Prophecy Cheat SheetDogecoin (DOGE) is an open-source peer-to-peer cryptocurrency reported to be "favored by all Shiba inus worldwide". As a fork of the source-code of Litecoin (LTC), its first block was mined in December 2013.
To prevent competition with Litecoin's mining pools (also using the Scrypt hashing function), Dogecoin (DOGE) transitioned to Auxiliary Proof of Work (AuxPoW) and has been merged-mined with Litecoin since August 2014.
6 Years of chartable data.
Dissected down to simple patterns of time.
DCA Under 27.
Closer to 17 we get the better.
I would expect $DOGE to make new all time highs once the alt coin market pops. Probably once $BTC reaches a new all time high.
Much Gains.
Many Wow.
- Elon Musk regularly tweets about $DOGE and we usually see price react as well.
Something to take note of.