DOGE - Targets below 0.05
The gray descending trendline was broken, but in a bear flag formation, which was broken (green line).
The trendline is now service as support, and I still expect new lower lows for wave 5, targeting 0.0491 initially.
DOGEBULLUSD trade ideas
Lower low inc. for DogeThis fractal is basically playing out perfect. Been following this one for a while. Price will probably go to the blue zone as market on the fractal this will be a lower low.
Doge: hold the trend and go up Doge is currently testing the recent upward trend. If it holds around 0.738, potential for uptrend continuation to 0.77. A breakout could catapult it to 0.79.
Bull Market wave 3&4!Otherwise 1.2-1.2Wishing you a fruitful week
I would like to share with you two ideas that I have developed using the Elliott Wave Principle.
For more explanation, refer to the attached chart.
Friends, if you like, you can refer to my previous analysis. I must mention that my understanding of the Elliott Wave principle is based on my personal experience, and while I am still learning, I hope to provide better analysis in the future.
Your continued support is greatly appreciated and I look forward to our mutual success.
Sincerely (Mr. Nobody)
Go up and Never Stop.
DOGUSD - Bullish Continuation PatternThe pair has been observed developing a Bullish Flag continuation pattern. There is no divergence of RSI with the price action as per the trend. The entry, stop loss, and profit levels are marked. Let's hope for the Profits!
DOGEIt seems like now is a reasonable place to be a dogecoin bull, having reset nicely after setting its highest highs since April.
This market has given ample opportunity around its yearly open price (~.07) and I believe it's time now to continue marking up.
Take all liquidity up through recent swing high.
DOGEUSD is the bottom in? Where could it go?Historically, DOGEUSD has rallied between 2,800% and a whopping 60,000% after creating a macro market bottom. It may be the case that DOGE rallies in similar ways in the future. It's worth noting that Metcalf's law is important; as well as the law of diminishing returns.
Ultimate DOGE Breakout To Surpass $0.10 COMING SOON!
26.22% Bull Run: A remarkable bull run took Dogecoin prices to $0.08, followed by a correction phase that dropped the price to $0.073.
Double-Bottom Reversal at $0.073: This pattern challenges the short-term downtrend and signals a potential breakout rally, supported by a triple white soldier pattern.
3.36% Recovery with Neckline at $0.0758: The recovery in the DOGE coin, along with high trading volume and improving sentiments, fuels the breakout phase.
Challenging Short-Term Resistance: The reversal rally is currently challenging the short-term resistance trendline, indicating a potential breakout.
Bullish MACD and RSI Indicators: The MACD is ready for a bullish crossover, and the RSI line resurfaces above the halfway line, reflecting bullish sentiments.
Current Trading at $0.0759: Closing above the neckline or resistance will set a bullish setup for the coming days.
Potential Triangle Breakout: If DOGE closes above $0.0763 in the 4-hour chart, it will signal a triangle breakout, possibly shooting the price to $0.0811 before the weekend.
Risk of Reversal to $0.073: A reversal within the triangle could retest the bullish dominance at the $0.073 level, posing a risk to the upward momentum.
DOGE: Good setup to go higher Doge's current configuration suggests a favorable opportunity for an upward trajectory.
Levels: 0.79¦ 0.77 0.74 ¦0.72
A breach of the 0.77 level could propel it towards a rally reaching 0.79. Conversely, in a downside scenario, a breach below 0.74 might lead to a descent towards the 0.72 mark.
Time to sell DOGE??Based on the daily chart for DOGE/USD it appears it is time to sell DOGE and regroup for a lower entry price...
Doge is going to fall soonI don't know about the fundamentals but the technical prospect looks grim enough
Doge: 200 SMA will be tested It appears that Doge is approaching a potential test of the 200 Simple Moving Average (SMA) in the near future, currently positioned at 0.72 at the time of this writing. Presently, the prevailing market conditions lean towards a bearish sentiment. Should the 200 SMA prove to be a robust support level, there is potential for a price resurgence towards 0.74. Conversely, a breach of this SMA could lead to a potential decline to 0.66. NFA
Waiting to buy bulkUnpopular opinion demonstrating that DOGE will further head down for the remainder of 2023 and the first 3rd or so of 2024 until it reaches an incredible buy opportunity of around $0.03-0.035
GROWTH Coming!!I am looking for Doge to base here for a bit before moving higher. as major moving averages curving under price. a move to .086 which is the 1.618 fib level. Looks good in my opinion
Learn patience in this market if you want to succeed.
Happy Trading, As usual not financial advice. for entertainment purposes only.
✴️ Dogecoin Double Bottom Bullish WaveI am not going to babysit anymore but it is still my pleasure to share great chart setups and analyzes.
Dogecoin hit a low in June 2022 that followed by a 200%+ bullish wave.
This exact same low was hit again in June 2023, a perfect double bottom, and a similar bullish wave can follow.
I get the feeling that the full wave from bottom to top will be bigger than last year, because last year we were still in a bear market and this year things look much better, money is now flowing into the market with more coming soon, last year money was flowing out of the market when Dogecoin had its boom.
We will see how it goes of course and things can certainly change - but we are ready, prepared, to experience this double bottom bullish wave.
Namaste.
DOGEUSD Analysis 2Aug2023DOGE TIMEFRAME D1 If you see the pattern of the wave that occurs, there is a possibility of forming a bullish falling wedge, and also a swing that is supported by the curve line formed last week strengthens my analysis that the possibility of a fairly high bullish in the doge even though it occurs in a rather long period of time .
Doge , bullish Divergence Doge breakout above 200MA a.k.a. $0.075..
price need to closed and stay above 0.075 for continue rally.
next strong resistance at $0.10
DYODD
DOGE/USD cycles 2014-2023 #dogecoin DOGE/USD cycles 2014-2023
level1 > top (blue)
level2 > bear (yellow)
level3 > bear + acumulation (purple arc)
cycle 1 > 476 days
cycle 2 > 910 days
cycle 3 > 833 days (NOW)
100w SMA is very important support and resistance
#doge
DOGE Prices Test Triangle's Resistance, Will it reach $0.10?
DOGE price action forms a triangle pattern in the 4-hour chart.
The coin price shows a 1.92% intraday gain and continues to challenge the overhead supply in the triangle pattern.
With the MACD and signal lines preparing a bullish crossover and the daily-RSI line finding an uptick, DOGE prices find solid underlying bullishness.
If the Dogecoin price breaks above $0.082, the meme coin can reach the $0.10 mark.
On the opposite end, a reversal can challenge the bullish dominance at $0.075.
Multiple timelines showing future spread potentialNot guaranteed.....
This is a potential breakout that could happen if the bullrun rallies this month.
If Dogecoin does not rally with Bitcoin and the rest of the market. It's sad to say but bearish continuation
Down to .002 is the next potential demand zone to buy up all the dogecoin supply flooding the market.
Stay closely tuned in for Dogecoins return or another delay to 2023.
Every crypto in the market pumps and dumps. That is the cycle of buying low and selling high.
There is no shit coins. Some crypto projects are high risk and crash because of greedy management. Just make sure you know what your buying and accept responsibility for your actions.
3 cheap cryptos to invest in now for low income traders
Spell
Shping
Ethereum
these will perform very well next year.
Ethereum could go as high as 17k by 2024 so invest wisely
Its not a rally "Be cautious"Its not a rally
Be very cautious
Removing large amounts of crypto supply over security concerns is whats going on.
Large amounts of crypto is being used for securing loans.
Leverage is power and the handlers always want a lower buy for maximum return on there balance sheets.
Crypto Market and Crypto whales will fool so many people.
Think carefully before you decide to hold to long.
The Market has not hit bottom yet.
Don't get caught in the crypto market trap.
Watch the markets for a powerful bearish divergence this coming week.
