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DOGEUSD trade ideas

DOGE - common patternsHello! Here are one of the common chart patterns illustrated on my 3D space map. Using some of the short range projections to establish longer range projections makes my chaotic seeming method quite powerful at forecasting the future of likely movements between levels. When key decision points arise, conducting the same method on the 30s time frame allows me to accurately trade. Though that does clutter up the chart and crash the servers at TradingView. Here we are zoomed in on the 9minute candle.
COINBASE:DOGEUSD
by DHLawrence
4
DOGE price at retest, Will buyers make a comeback?Resistance Breakout Rally: DOGE exhibits a resistance trendline breakout, hinting at the start of a bullish phase. Recent Pullback: An 8% drop in 48 hours tests the 100-day MA, raising concerns of a potential downtrend. Critical Support Level: The $0.082 level is pivotal; a fall below could lead DOGE to $0.070. Double Bottom Reversal: The current pattern suggests a possible bullish reversal, despite market-wide corrections. Bearish Candle Analysis: Lower price rejections in recent bearish candles indicate a chance for post-retest reversal. Current Trading Position: DOGE is trading at $0.08347, showing resilience above the $0.082 support. Technical Indicators - MACD: A bullish crossover between MACD and signal lines suggests a recovery trend might be resuming. Moving Averages: Dogecoin is navigating between the 50 and 200-day MAs, suggesting a mid-term sideways trend. Potential Rally: Sustaining above $0.082 could lead to a 28% rally, rechallenging the $0.106 high. Fakeout Risk: A plunge below the recent breakout trendline could signal a fakeout, increasing selling pressure. Market Sentiment: Overall market sentiment and external factors will play a crucial role in DOGE's price trajectory. Long Tail Candle Analysis: The formation of long tail candles points to bullish attempts to maintain the current rally.
BINANCE:DOGEUSDLong
by Coinpedia-Market-Insight
Is Dogecoin Coiling Up And Preparing For A Move?Looking at the technical picture of EASYMARKETS:DOGUSD on our daily chart, we can see that the crypto continues to slide, after peaking in the beginning of December. It is now trading below a short-term downside resistance line taken from the high of December 11th. That said, the rate is currently finding support just slightly above the 200-day EMA and above a short-term upside line drawn from the low of October 19th. This means that the EASYMARKETS:DOGUSD might be coiling up and getting into a squeeze. We would prefer to wait for a breakout through one of those given trendlines first, before examining the next directional move. In order to consider a decline in the near term, a break below the aforementioned upside line, a drop below the 200-day EMA and at the same time a fall somewhere below the 0.077 hurdle would be needed. This way the bulls could get spooked from the arena for a bit, allowing more bears to join in. EASYMARKETS:DOGUSD may then travel to the current lowest point of January, at 0.073. If the selling doesn’t stop there, we might then aim for the 0.070 territory, or even the 0.065 zone, marked near the lowest point of November 2023. Alternatively, a break of the previously discussed downside line could attract more buying interest, possibly sending EASYMARKETS:DOGUSD to the high of last week, at 0.088. If the bears are still asleep, this might allow the buyers to continue applying pressure, possibly sending the rate to the 0.095 hurdle, or the 0.099 level, marked by the high of December 15th. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:DOGUSD
by easyMarkets
2
Can Dogecoin hit $1?Can Dogecoin reach $1? Most likely not, but I'll bet on it. .................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
BITTREX:DOGEUSD
by CryptoTrend-Alerts
1