Dogeusd LongHere we are again in this same structure for how long now ? Daily and weekly do correlate with bullish momentum {Note*Bullish divergence on the 30min repeated in this structure .}
Prevailingnine 3.31.23
DOGEBTCB_55143C.USD trade ideas
DOGEIt's time! Only 19 days until 4/20! Historically, 4/20, and the month of April more generally, is a magic month for Dogecoin. I wonder what's in store for this year...
In terms of the technicals, Dogecoin has its range from .75 highs to .05 lows that has a mid of .40, which implies that if it can achieve a 50% retracement with respect to its all time highs and cyclical lows (USD) then it will be surprise surprise in the neighborhood of .420! If it pulls off 5x from here to 4/20 you can thank me later :)
The thesis is simple: so long as above its .05 lows I believe it's sending towards .420...
And remember, .05/.06 is where all the magic started in April 2021...
Also, Doge/BTC seemingly inflecting from cyclical lows. More Doge/BTC analysis on Doge/BTC chart...
DOGE - 12% PUMP OR 12% DUMP Inside A Descending TriangleHappy Fiery Friday, Traders!
Hope you find value from this post.
If you did, please give it a like and consider following.
Here's a trading idea.
But firstly...
==============================
Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
==============================
This is going to be a great start of the weekend!
Let's Get Started.
Chart Timeframe: 1 Day
Char Pattern: Since Dec. 5th of last year, DOGE continued to weaken and has formed a Bearish Descending Triangle.
Local Trend: Upwards
Weekly Trend: Downwards
Overall Trend: Downwards
Price Action: Respecting the 200EMA as RESISTANCE since mid-March and staying below it up until this writing.
DOGE has to break 2 RESISTANCE areas to show it's potential, if it has to prove its worth (if there is any)
Resistance Price Target: $0.07993
Support Price Targets: $0.7377
RSI: Peaking it's head above Bullish Territory. Posing as a Pseudo-Bull.
Never let your guard down.
Always remember to place your Stop Loss.
And watch out for stop-hunting bots, they can liquidate stops and once they've taken out those stops will allow price to continue on its merry little way.
Price action is KING!
Patience and Discipline are KEYS to a successful trade.
Trading is both a Science and an Art.
Develop an intuition and listen to your instinct while following the rules putting emotions aside.
If you have not yet developed it, you will develop this as long as you stay consistent with following
the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle.
Soon it will be your subconscious running your trades, again, much like when riding a bicycle
the balancing is controlled by the subconscious part of your brain.
Be PERSISTENT and stay PERSISTENT.
Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView.
If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this.
More power to all your trades, my friends!
Ron
Intrepid_Trader
DOGE - $10+ IN 2024 - CHANGE MY MIND - CRYPTOMANIAC101DOGE / USD TA
Whether you believe this fractal or believe that this is a real or a fake chart, DOGE at $10+ in 2024 is starting to look like a real possibility. What do you think, even though you won't change my mind!
time to buy dog money?It looks like a nice falling wedge at a low-risk entry price around all the 200, 100, and 50
Can DOGEUSD deliver another 3000%?looking at the log chart of past fractals we could be about to see a nice final wave 5 push up.
if this follows previous trends the potential would be for an additional 3000% from the current price, launching the doge from $0.20 to $6 (or more)
for this to happen the yellow diagonal trend line needs to hold as support and it is impressive that the price has consolidated above whilst the rsi has had time to 'cool' down ready for another run.
also the nearing fib circle could act as a form of resistance when the doge tries to move and strangely signals March '22 as a full moon or full reversal timezone (pending how price reacts to the fib circle when next challenged)
talking fib circles the upper circle pushes the potential upside beyond 3000% / $6
Doge.usdI will buy Dogecoin but at low prices and I will set the target at $1 but I will wait for low prices to buy. Good luck.
DOGEUSD [3h] Time to decide main trendLet see if recent up-trend able to break long time low-trend on 05-08 April 2023!!!
Graph tells more then words...
Wisely advice yourself!!!
Dogeusdbearish div could fail if we push up higher but if it does play out more opportunity to accumulate more. Do note that the larger structure will come to a end.
Dogeusd dailyThem meme coin still lives ! Thank you elon yet again you continue to surprise us!
Prevailingnine 3.22.23
DOGEIt's so over. Or are we so back?
The bear has conditioned many of you to see things the way the bankers want you to see them.
Flip the chart upside down for a fresh new perspective. If you were "shorting" Dogecoin here, you would short acceptance below the yearly open, and it'd be a higher probability short with it having deviated above yearly open, is that not right anon?
DOGEUSD - Gaussian Channel SupportMiddle line of the Gaussian Channel is acting as support currently and has in the past two times prior
This is a good position and a great entry into dogecoin
go long!
Monthly timeframe
DestinyThe ceiling of the channel is 3$.
I hope you enter into the transaction..
We are lucky to enter at this time…
DOGUSD DivergenceDOGUSD Price is making a new high, but the RSI indicator is making a lower high, this is considered a bearish divergence. Trend reversal can be seen.
DOGECOIN - Breakout Soon??We can see that Dogecoin is giving us a perfect example of an impulse. We are currently in wave 4 and looking for a breakout. For confirmation, we are waiting for the break of the red trendline.
Trade Idea:
- Watch for breakout using the red trendline as confirmation
- price to stay above blue structure = invalidation level
- Targets: 0.75, 1, swing target 4
Goodluck and as always, trade safe!
Doge.usdWe expected Dogecoin to decline from 0.1012 and we had identified the target of 0.0500, which the price is moving towards our target.
dOGEBack down at the lows. Seems like now is an opportunity to buy into weakness on doge beneath yearly open. Increases probability if it can get back inside/ reclaim yearly open as a next step before continuing higher towards .1
DOGEBUSD - Potential Upward MovementDOGEBUSD sitting on support level and replenishing from demand zone will likely continue its upward trajectory. Exit at 4th supply zone.
DOGEUSD possible scenarioAccording to chart we could see descending triangle with possible target 0,015usd. After that possible rebound of price and then price could go more higher...
If price will not stop at 0,015usd and fall more, then nobody will stop downtrend and price could go to 0,002usd.
In my opinion, fall of price is not at the end. Chart shows us very possible scenario.
DOGENew month (one month closer to 420) is here! Doge has been confined to local downtrend since printing .1 in early February, however, recent PA seems to suggest the .1 lid is all part of a larger reaccumulation that has been in the works since the late October 2022 surge, which is likely to resolve itself soon, just in time for 420. I've said repeatedly that 6 cents is increasingly likely to be cyclical bottom simply because that's where all the magic started around 420 2021. 7 cents would be a gift, not promised to anyone. Time is now anon.
