DOGEBULLUSD trade ideas
DOGE:USD coming into danger zoneDoge coin is getting close to 0.764 fib regression area around $0.0121. Anyone aware of Fibonacci pinball technique, this is a must hold zone for an impulse, specially for a sub wave of a larger impulse. Time to abandon impulse is a break below previous 0.618 area, which is at $0.11. Complete invalidation of impulse at break below previous wave 1, which is at $0.107. Doge needs to bottom here and worse case, go sideways for a bit to keep the bull run alive. Otherwise, breaking the areas mentioned above will not be good news for the holders. It will need to be counted as the high of wave B and a much larger wave C will ensue below $0.02....Time to set some stop loss.
0.09955 Don't say I didn't warn you!In my previous post i made some trades at 14cents and lost trading against the trend "hoping" the market will go lol. It will turn but that wasn't it. My original analysis says 9cents looking at my chart I the yellow squares that represent higher high, green = higher low, blue=lower high and red = lower low. When price created a lower low at 0.19251 that was the first sign of a new trend because it couldn't break 0.20644. Neither here or there. We're currently in a counter trend to the downside. Sometimes we just have to relax a little and let the markets cook up a great spot to enter.
0.9955 Incoming :)We are witnessing a move on the countertrend to 0.9955 which is going to fall at a N.Y session. All orange horizontal lines on my charts are 8am NY SESSION ranges based off 5 min candles. Volume is my reason for establishing this ranges. Price will fall to 0.9955 to meet a previous range from NY SESSION.
Dogecoin for life or deathDogecoin has a recurring cycle that repeats every few years. Interestingly, during this time, I have been hunting for this price increase and have bet all my assets on this increase, something no sane person would do... I am living on a mere 20 dollars a month, and it's a tough job.
This price increase will continue to the range of 7 to 11 dollars and the reason for this increase is something I will talk about later as there is a political procedure hidden in it.
I hope my bet is correct, although if it's not, it doesn't matter to me anymore... I live in a third-world country where my 50,000 dollars has no value and I will always remain a worker... I don't have a worker's spirit, I always tell myself I don't belong here, either take risks or choose death...
And I chose risk, something that is valuable to me...
More important than these reasons is the desire for a decentralized world. A world where governments do not exploit people by printing money.
A year ago, I had 15,000 dollars and intended to buy a houseโฆ Our government, by recklessly printing money and creating inflation, halved the value of my money within a monthโฆ Governments should be destroyed and a new economic system based on human principles should be established. A system that does not give anyone the power to print money for reasons such as maintaining their own government.
โด๏ธ We Are Good Long-Term | Dogecoin Headed Towards $2.99999Good day my fellow Cryptocurrency trader, I am hoping you are having a wonderful start to this week.
The Cryptocurrency market is doing great but the action is about to turn mixed.
We will have many Altcoins grow really strong โalready happening. While many of the big projects will enter correction mode โalready developing.
We can see Dogecoin turning red on the weekly timeframe and that's ok.
This correction should be short-lived, 2-3 weeks can be a good projection but it can extend to last 2-3 months.
Some projects will go down for 4-6 months while others just a few weeks.
โ This year, 2024, will be bullish for Cryptocurrency as whole.
โ Next year, 2025, will be the time to go nuts (new highs, All-Time Highs and so on).
๐ Short-term Dogecoin is set to move lower, produce a correction or retrace followed by long-term growth.
๐ The next All-Time High can go as high as $2.999 or $3.333. This is a good range and right now this would be equal to 20 some X. (2,000% potential for growth.)
I think the best we can do is to buy when prices are down to later sell when prices are up.
Keep the bigger picture in mind so that you we are not confused by short-term noise.
Yes it can drop, it will drop but long-term it will grow.
Namaste.
dont miss, Symmetrical triangle?Maybe a Symmetrical triangle
We are seeing huge flows of money entering the crypto world, from those starting with ETFs to the most curious who see everything fluctuating double digits every week, so with Elon Musk's recent support, Doge positions itself in the center of the stage to shine like never before