DOGE is for sure going to go up due to this coinbase listing , also check out the MAC D its literally a perfect set up. These callouts would be my take profits.. I would probably sell at each one, wait for consolidation bottom , buy back in , reepeat, etc. for each take profit. There is going to be a lot of people taking profit from last pump though So trade this...
According to the chart, two suitable entry points have been identified in the event of a drop. After the last wave falls, it is hit under the Hunt wedge and then the ascent process
With a sudden jump, we are looking to correct the price, which gave the two marked points the possibility of falling, two points marked with an arrow are suitable for purchase.
💎Technical Analysis Summary💎
BITTREX: DOGEBTC
-The monthly Bear flag has been confirmed
-After the price broke its key level of support around 22 sat
-DOGE is now testing its Monthly swing key support around 15 sat
-We can see this level has been tested twice last Jan 2017 & Nov 2017
-Will DOGE repeat the history with a strong pump?
-We will have to observe...
DOGE/USDT
-found support at the last fib level on .786
-this area is a previous minor consolidation last July 7
-immediately after a minor bump, the price got rejected
-there is a clear trendline resistance now located at 3300 range
-if we can see a break of this line, that is a buy signal
-or wait for a retest to confirm a new area of support
-there is also a...
DOGE/BTC
-found support at the last Fib .786 area
-currently trying to get hold above the .618 fib
-acceptance above this level will give upside potential up to 47 sats
-otherwise, failure to sustain will likely retest the bottom at 31 sat
-breaking below 30 sats will signal a more bearish scenario in the future
DOGE/BTC
-an amazing breakout of DOGE coin
-we manage to catch the price at 29 sat
-because we saw a spike in buy volume when it got there
-examined the chart on the weekly
-giving the sign of potential strong breakout which it did
-we fully closed position at 45 sat but overshoot to 60 sats
-I do not recommend to buy at this level
-wait for the next...
DOGE/BTC
-DOGE has been consolidating for almost a year now
-Big channel box between 25-32 price range
-You don't want to trade on a ranging market
-a ranging market is full of fakeouts
-the best way to enter a trade here
-is to confirm the breakout direction
-with this, you know which way you are going to enter
-and avoid being caught up in a bad situation
-once...
DOGE/BTC
-trapped inside sideways channel
-potentially setting up another accumulation zone
-awaiting the break of swing high at 34 sats
-buy on a retest of old resistance turning into new support
-upside target is up to 50 sats
Since Oct 2019 the price action of Doge with Bitcoin pair is moving within falling wedge in the meanwhile it has hit the support of this wedge in the month of Oct , Nov 2019 and Jan and Feb 2020, and this the 3rd time it is hitting the resistance of this wedge 1st it was hit in Oct 2019 second touch was in Nov 2019 and 3rd touch is on 5th Feb 2020.
Sofar it was...
Price action of Doge / Bitcoin has formed a bullish Gartley and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000028 to 0.00000025 sats
Sell between: 0.00000030 to 0.00000034 sats
Regards,
Atif Akbar (moon333)
Price action of Dogecoin / Bitcoin has formed a bullish Gartley and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000028 to 0.00000025
Sell between: 0.00000030 to 0.00000035
Regards,
Atif Akbar (moon333)
