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DOGECOIN (DOGE) - 242 % Earnings Possible - Pure Technical Hi Guys! As BTC is slowly recovering (look down below at our analysis - it is newly updated) we may find another undervalued project. Today we want to share with you our technical analysis of DOGECOIN. This is purely technical Let's get down to the facts. Elliot Wave pattern finished - (1-5) UP and (A-C) DOWN New cycle has just begun (1-5) Trend-based Fibonacci extention - we are very low at the scale Stoch RSI is in the oversold area which is bull's sign Our favourite - Weis Waves - this is a bit weird - both supply and demand are strong but during last Elliot pattern we managed to obtain almost 100% gain. This may happen this time. Be ready for massive green wave and rally up. Fibonacci Levels: Buy: 0.00000054 - 0.00000059 Target 1: 0.00000059 Target 2: 0.00000073 Target 3: 0.00000085 Target 4: 0.00000096 Target 5: 0.00000113 Target 6: 0.00000133 Stop-loss: It depends on how conservative you are. Here are some options 1. 0.00000050 (very conservative) 2. 0.00000045 (normal) 3. 0.00000036 (loose) Good luck. What do you guys think about this project? Do you think we can go even higher? Can you post some news about Dodge? All your comments will be highly appreciated. Don't forget to follow us! Thank you for being here! HUGH! WBM TEAM
Long
by WBM_Team
2
If you missed our first HUNT, you may want to check this!New trading suggestion: *The price is in a range bound and we forecast the uptrend would resume. * If you missed our first HUNT, you have a second chance to buy above suggested support line (0.000000504). Entry signal: Signal to enter the market occurs when the price comes to "Buy line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 7 BUY trade(s) @ 0.000000399 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.30.2018 . Total Profit: 1086 Closed trade(s): 498 Profit Open trade(s): 588 Profit Closed Profit: TP1 @ 0.000000482 touched at 04.11.2018 with 83 Profit. TP2 @ 0.000000549 touched at 04.15.2018 with 150 Profit. TP3 @ 0.000000664 touched at 04.18.2018 with 265 Profit. 83 + 150 + 265 = 498 Open Profit: Profit for one trade is 0.000000546(current price) - 0.000000399(open price) = 147 4 trade(s) still open, therefore total profit for open trade(s) is 147 x 4 = 588 All SLs moved to Break-even point. Take Profit: TP4= @ 0.000000757 TP5= @ 0.000000921 TP6= @ 0.000001075 TP7= Free Technical analysis: Dogecoin/Bitcoin is in a range bound and resumption of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. Relative strength index ( RSI ) is 48.
DLong
by ForecastCity
If you missed our first HUNT, you may want to check this!New trading suggestion: *The price is in a range bound and we forecast the uptrend would resume. * If you missed our first HUNT, you have a second chance to buy above suggested support line (0.000000504). Entry signal: Signal to enter the market occurs when the price comes to "Buy line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 7 BUY trade(s) @ 0.000000399 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.30.2018 . Total Profit: 1086 Closed trade(s): 498 Profit Open trade(s): 588 Profit Closed Profit: TP1 @ 0.000000482 touched at 04.11.2018 with 83 Profit. TP2 @ 0.000000549 touched at 04.15.2018 with 150 Profit. TP3 @ 0.000000664 touched at 04.18.2018 with 265 Profit. 83 + 150 + 265 = 498 Open Profit: Profit for one trade is 0.000000546(current price) - 0.000000399(open price) = 147 4 trade(s) still open, therefore total profit for open trade(s) is 147 x 4 = 588 All SLs moved to Break-even point. Take Profit: TP4= @ 0.000000757 TP5= @ 0.000000921 TP6= @ 0.000001075 TP7= Free Technical analysis: Dogecoin/Bitcoin is in a range bound and resumption of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. Relative strength index ( RSI ) is 48.
DLong
by ForecastCity
Cup and handle forming on DogecoinHello guys. Ok lets get started... First of all beautiful cup and handle forming on Doge . Lets hope it realize. All the sign of a breakout are there. Stoch RSI bottoming out. Seems like the price wants to break the 60 sats resistance but if finding it difficult to do so. The price wants to break out of the short term downward trend. Non of the EMA lines show any form of a downward trend. Entrance price around 57-60 sats. First small profit take from 70 sats could go as high as 90 sats. If the price breaks the 67 sats resistance we will MOON!! **I see quite a lot of order book manipulation so be aware sell order might net be as large as they seem. **Also look at the trade history you will notice some BIG buy orders in comparison with small sell orders. Good luck and remember in essence it should be easy... buy low, sell high and repeat.
Long
by tvspretorius0707
4
Which way will the DOGE go?It is my belief that DOGE is still on a downward trend back to bottom around 30 sats or so. Might pump up towards 68-70 sats due to ppl believing the fomo that other analysts are putting out there and then it will fall hard. If you look at past 5 years trend of Doge never once has it mooned off of a downward trend like this. All downward trends always go back to bottom before flat-lining for a couple months then taking off with Doge. Though this is the first time Doge has had such a cup and handle. Though that could be manipulation. With Doge it is not hard to throw in 50k to hold the price up with micro transactions in the hopes the fishes fomo raises the price up 4-8 sats for some profit. Otherwise the trend seems like it should be going back to bottom. Regardless of which way it goes it is hard to lose much when you can margin Doge up or down :) win win regardless. Happy trading peeps.
by AurumLux