Back into Doge longs. Hit trailing stops in the 9 cent area but now we're back into the 76 retracement. Picking back up my doge long positions.
Update to :
DOGEUSD trade ideas
A Dime a DOGE?Looking at DOGE daily chart with BOLL BANDS, 200MA & S/R defined. The chart shows from Nov '22 but the colored lines date back to as far as Feb '22.
So in technical analysis we don't consider what comes next for the DOGE icon on twitter. Nor do we wonder what the Musk wildcard might do. He could make it so you have to pay for blue in DOGE only, but from a TA perspective we can't think about that too much. That all being said let's look at the chart.
Doge has been trading between $.05 - $.10 since May of 2022. The spike in Nov '22 retraced back into that channel and proved to be legless. Notice the five punctures of the upper BOLL band that astute traders would have loaded their shorts into. On a daily chart, rapid successive punctures of a wide, expanding upper BOLL band are never good news.
Well, lo and behold we have rapid, successive punctures of a wide, expanding upper band on the past three daily candles. It's easy to think a retraction is coming over the next week. Now the good news is that the 200MA is finding strength within the middle of the bands, which should prove to be a strong support. This should come around $.083.
The anticipated bounce off the 200MA will setup for the next battle at a dime. Ten cents is a relatively new price point to consider, with most of Doge's trading history well below that level. Given the recent rejection on April 3, I don't expect it to be an easy target; but if the challenge comes on sustained green volume it could be overtaken.
I do think Doge will eventually pass a dime, with the next major resistance at $.158. This price point hammered down wicks in Feb, Apr, and Nov of last year. The first dance with the yellow line will be a great short opportunity.
Should things ever go terribly wrong, longing a bounce off the black line should be a great op. Enjoy, NFA.
DOGEUSD ForecastDoge appears bearish at the H1. The 0.0844 seems to be attracting the price for a bearish pullback, but caution in that area as there is an argument there against 0.0900.
The target is 0.0771 for a bias of 0.0753
K.
Short Doge !The Price going to resistance in 23.60% level becaue the rsi in oversold range (If the price Break The Resistance thats Good time to join 1:3 RR )
elon musk ponzi coin setting up for a new dump🔸Hello traders, today let's review the daily price chart for DOGE , recently nice pump
was generated by the elon musk's zombies, and therefore DOGE popped hard off the lows.
🔸This market structure in progress resembles XABCD pattern setup, bearish once it's completed
at point D, so limited upside beyond 10/11 cents. Also most rips/rallies get sold in doge coins,
since it's a vaporware / ponzi scheme.
🔸The XABCD structure point X set at 10 cents, point A set at 7 cents, point B at 9 cents,
point C at 6.75 cents and finally point D is set at 10.75/11.75 cents. We are currently almost
maxed out and points X/A/B/C are already complete, only point D still pending.
🔸Recommended strategy in this market: bears should be looking to execute sell orders near
point D, once we get a reversal confirmation. It's recommended to use other indicators, such
as RSI on higher TF to confirm reversal.
🔸Keep in mind this is a swing trade setup for position traders, so naturally setup
will take more time to complete, I recommend to do your own due dill and use a tight SL
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DOGECOIN will take a little break for a "little" bit.I never post about DOGECOIN, but yesterday Mr Troll, decided to give DOGECOIN some attention (not sure if it deserves it or no). For me, I only care about PROFITS.
I see 5 elliot waves with a bearish divergence at the fifth, so this looks like a great opportunity to rebuy DOGECOIN after this retracement. I already did make a small profit yesterday.
Let me know If you want me to share my trades with you. *BUT you need first to FOLLOW me here and everywhere else.
** I did not use astrology for this trade. I do not know the natal chart of DOGECOIN yet. I actually do not personally like it that much.
Have a great day!
DOGE - BlueDOGE appears to be forming a bearish reversal… this is the most likely pattern of influence in blue, from my perspective. :)
Bearish divergence on teh MACD peaks on the 4h… and the pattern we just completed simply looks like a top.
Good luck, Y’all!
Love & Light to All!
DOGE 685% BACK TO ATH- ELON MUSK just changed the twitter logo do DOGE!
- Back in 2021 when he said 'DOGECOIN TO THE MOON'
- I invested around £40 and turned it into £650 overnight!
- NOT FINANCIAL ADVICE!!
Doge to $0.69SL: 0.065
If you want to play this in the short term first exit @
TP1 : 0:14
Longer term
TP2 : 0.69
Doge to $0.69
SL: 0.065
If you want to play this in the short term first exit @
TP1 : 0:14
Longer term
TP2 : 0.69
DOGE Best time to short ? im expecting short in DOGE IF The rsi go below 50 level its so risky when you join revers the trend so ill only open Paper trade
DODGE : + 98 % ?Hello.DODGE is in its third channel of regression. The first 2 channels experienced an epilogue of +98%.The third channel could experience the same performance.
Dogecoin MExpecting .236
.85 SL
.60
Trading view Algo needs to be adjusted. I let the charts speak for itself. You either know or you dont
DOGE holders, already 30% profit, more to come !#DOGE /USD TA Update:
$DOGE currently trading at $0.0982
According to Coinlion Trend Trader Indicator, we got en Entry Point Long Alert for DOGE at $0.077 (04/01)
We already took profit at $0.0957 (25%) the 04/03 and exit 20% of our position
Another Profit Point maybe today at $0.10 (30%)
Carefull, There is a selling pressure between $0.0963 and $0.10
Next target is at $0.1243 (more 25% profit) to the top of the descending channel we have since may 2021.
If Doge breaks this channel, it could be huge
What do you think ?
Please click LIKE button and Appreciate my work.
Coinlion Trend Trader indicator tells me
- When to enter short or long
- When to exit and take profit :-)
If you want it or my SL indicator or My Liquidity Support and Resistance Indicator, let me know.
Thank you.
Lots of folks sleeping on Dogecoinbe aware elon has more power and influence than most suspect. once he flips twitter to become more like wechat its in-game currency will moon. chances are thats a combination of crypto but surely doge would be on of them. potential for moon? soon!
DOGE Strong UP Reaction !!!Technical Analysis:
- As you can see in the chart, DOGE has a strong up reaction but we need more data for a confirmation to have a new structure
- Short term correction is finished in wave II in red
- We expect in the Short Medium Term ((3)) waves in black bouncing
- We need to cross wave I in red to get a more confidence up in a Bullish Short Term Structure
- H1 & H4 Right Side is UP
Technical Information:
- We like to buy DOGE in the Short Term Pull back around $0.0965
Check my receipts & Hit the go button!Ascending Triangle Trade Thesis
She built10 month base at 7cents, Check!
Weekly and Monthly RSI, Check!
Not sure the the end game is, but I will take the trade.
Its time for Doge to pump
A few more months of sideways actionA few more months of sideways action with two major support lines and one major resistance line.
Doge needs to break downwards channel doge has been in this weekly range since nov 22 currently closer to the bottom of range than the top, if it can brake the channel, i think a move to 10 cent is in order
DODG - addingDODG getting frisky again. Adding here will add more if/when it breaks out of the triangle and can hold price for a day.
The short-term Regression Trend channel and the Macz-vwap indicator both showing that a significant low was likely recently reached for DODG. And now the price will likely rise fairly sharply.
I am putting in for a +30% gain to ~0.10 target price that coincides nicely with the top of the short term regression channel and with the highs from early 2023.
It is possible that DODG may double bottom here like it did in May 2022, but based on the sharp rise on the Stoch RSI indicator - I doubt it goes back down before a break-out to the upside. Just need some volume!
NFA!
crypto doge updatesmarket seems consolidated to me, good scalp opportunities if it stays within the green and red rectangle.
* Comment there what you are seeing please!
