DOGEBTC trade ideas
DOGE/BTC - Doge Breakout on its way ?Is there a breakout on its way for DOGE?
We received a daily buy signal for the DOGE-BTC pair in the beginning of March.
We bottomed out and seems to make the reversal.
My targets:
.00000503 (.236 fib)
.00000638 (.382 fib)
.00000747 (.5 fib)
If we break through the descending triangle we will probably not go in a straight line towards the .236 fib but fist bounce back on the top of the descending triangle to find some support.
Don't forget to get profit or set alerts when we hit our targets.
You can always buy it back on a retrace. It will not go in one straight line to the next targets.
Also keep a close eye on BTC . If BTC starts to pump it is better to move some of your profits into BTC .
Your end goal should always be to increase your BTC amount.
Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade. You can always get back in later.
Dogecoin After A Year Long Correction...It looks like Dogecoin can grow vs Bitcoin... It has gone through a very long and painful year long correction.
The peak/ATH happened May 2021.
There is plenty of room available for growth but if the March 2022 low is taken out there can be more correction before a new bullish wave shows up.
I think the bullish wave can happen...
In time we will know for sure.
Namaste.
Hibernating DOGE starting to stir?DOGE doesn't quite seem ready yet, but it looks close to turning the corner. It has recently entered a macro accumulation zone--something we haven't seen for DOGE since early 2021. For those who want some exposure, now might be a good time to DCA in. The 200 EMA could be too strong to break here and I'm expecting a bit of a pullback. I'm waiting until I see an obvious buy signal in this accumulation zone--specifically, Bullish divergence on the 4-hr chart.
Good Luck
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
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Oasis in the DesertDOGE/BTC 1.3.1- A visual yet practical way to understand and learn the market.
- I like to look at it like growing a plant or tree. so I am not so anxious to cut down trees or drill for resources.
- Watch for flash floods!!!! Must plant trees in flood path to slow flood down.
- Use flood as a chance to capture vital water resources to survive the desert landscape.
- When landscape is bare desert with no trees with waterfall plant a tree
- After rain (Light Blue Bars at the bottom of chart) watch for flood warning in the status bar (Black volume bares at the bottom of the chart).
- Landslides can happen when vegetation is inadequate or cut for resources.
- Cutting down or over grazing of vegetation can cause erosion of land.
- Floods move easiest over land with little or no vegetation to diverge the flow.
- Cast seed of grasses and weeds while grazing to prevent land erosion.
THIS IS NOT FINANCIAL ADVICE JUST AN IDEA
Oasis in the DesertDOGE/BTC 1.3- A visual yet practical way to understand and learn the market.
- I like to look at it like growing a plant or tree. so I am not so anxious to cut down trees or drill for resources.
- Watch for flash floods!!!! Must plant trees in flood path to slow flood down.
- Use flood as a chance to capture vital water resources to survive the desert landscape.
- When landscape is bare desert with no trees with waterfall plant a tree
- After rain (Light Blue Bars at the bottom of chart) watch for flood warning in the status bar (Black volume bares at the bottom of the chart).
- Landslides can happen when vegetation is inadequate or cut for resources.
- Cutting down or over grazing of vegetation can cause erosion of land.
- Floods move easiest over land with little or no vegetation to diverge the flow.
THIS IS NOT FINANCIAL ADVICE JUST AN IDEA
Oasis in the DesertDOGE/BTC 1.2-A visual yet practical way to understand and learn the market.
-i like to look at it like growing a plant or tree. so im not so anxious to cut down trees or drill for resources.
-Watch for flash floods!!!! Must plant trees in flood path to slow flood down.
-Use flood as a chance to capture vital water resources to survive the desert landscape.
-when landscape is bare desert with no trees with waterfall plant a tree
THIS IS NOT FINANCIAL ADVICE JUST AN IDEA
Dogecoin vs Bitcoin Looks A Bit Different... Click/Tap To Read! Here we can see that Dogecoin vs Bitcoin (DOGEBTC) is not as strong as LINKUSDT or DOGEUSDT, but why?
We can see that prices are still trading below EMA50, which is the magenta line on the chart.
EMA50 is a very important level for Altcoins/Crypto on the daily timeframe...
Even though we are bullish above EMA10 short-term, once an altcoin moves above EMA50, the bulls have really good strength.
So we can say that this one is weaker but hte bullish bias is already developing none the less.
We can say "early signals"...
Early bullish signals we have on this chart.
A tight stop-loss (low risk), with high targets (great potential rewards).
Namaste.
Dogebtc; To be realisticI have published my point of view for Dogeusd before. It that analysis I predict a big downtrend before the start of bull run in 2024-2025.
Now, I support my previous Idea by DogeBtc chart analysis. Doge vs btc has respected its channel. Another pull back to the first channel would be reasonable.
Whoever that might be a supporter of this coin (in public view), will not support it before that zone.
NOTICE:
It is not a financial advice.
Dogecoin is a very manipulative crypto. Always trust your own analysis and never forget about money management.