Dogecoin forum
DOGEUSD inverted cup and handle, sorry for the bad news, but more bearish coming
DOGEUSD say thanks for the Biden presidency they shut down the government and its killing the market but TRUMP gonna make even GREATER just buy and hold!!!DOGEUSD Falling wedge pattern, if the breakout confirmed our next target will be 0.36-0.38, I hope I am right. please comment your thoughts
DOGEUSD we basically were ranging for 37 days after the inital pump. bollinger bands got pretty tight. negative reaction. dump. looks like they are staring to close in on each other again. hopefully this time positive reaction bringing us back into range. then a continuation to the top of the range. guess we will see.
DOGEUSD Looking at this weekly chart for Dogecoin (DOGE/USD), here are some observations:
1- Recent Downtrend: The current red candlestick and its size suggest a significant downward movement. The price has dropped substantially after a strong rally in recent weeks.
2- Support at 0.26: If 0.26 was touched only once and rejected upward, it might indicate strong support at this level. A retest of this level could provide an opportunity for a potential bounce if the support holds.
3- Volume: The volume bar shows a moderate decline, which could indicate reduced selling pressure compared to the previous candles. However, if the volume increases while the price approaches support, it may suggest further downward pressure.
4- Indicators:
- RSI: If RSI remains above oversold levels, it could support a potential recovery.
- MACD: A bearish crossover or histogram momentum declining suggests the current trend could continue downward.
DOGEUSD inverted cup and handle chart pattern, I hope am tripping
DOGEUSD one last look on the 4hr TF that gives us a clearer look at our resistences. ok im done now. gl boys
DOGEUSD another look with the ichimoku cloud. we manage to not break and stay below the cloud. keeping positive energy. so a rejection at the order block may take us back to .29-.30 region. but again a break above the order block takes us above the cloud given us the possibility of testing yearly high.
DOGEUSD over the next week looks like we could have another 18-20% increase. if rejected then the C&H will be confirmed. if for some reason there is volume then it will be invalidated and we will most likely test the yearly high.
DOGEUSD great recovery, let’s get back to it now doge🐶💚