As you can see here, Dogecoin is forming a new bullish triangle in the 4H chart which will result in a growth to at least 40 cents. We can also see a contraction of the momentum one the MACD which indicates us a big movement is coming soon.
Bitcoin is bullish, one more reason to believe dogecoin is going up and slowly recover from its last correction
DOGE got pushed down by resistance even more, looking like a short term downtrend but it still has 2 good supports holding the price up.
The are no significant buy or sell volumes seen on different platforms so I don't think it's a good time to take risky trades for now.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market...
Doge as you can see got rejected 2 times by the local resistance and started to consolidate around this area.
Buy volumes aren't strong enough to be able to break this resistance but of course it's good enough for consolidations in that area.
There are two support areas helping to hold the price up as shown on chart.
I'll keep this chart updated.
Use this chart...
Baby Doge Coin, Shiba Inu, Helium — 3 Altcoins On Social Media Radar Today
These are the cryptocurrencies that saw high interest on social media early Friday. Baby Doge Coin (CRYPTO: BABYDOGE): The self-proclaimed son of Dogecoin (CRYPTO: DOGE) is a new entrant to the Dog-themed coin universe.
These are the cryptocurrencies that saw high interest on social...
As you all know, Doge is not performing well from last 6 weeks and according to the Chart patterns, Ascending Channel is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/BTC CRASH
Happy Trading :)
Good Luck!
If you like my idea, please...
* Dogecoin in 4H time-frame forms Symmetrical triangle.
* Symmetrical triangle pattern occurs when the price consolidates between two trend-lines slightly sloping towards each-other, the price is squeezed till it breaks the either side of the pattern.
* If the price breaks either side of the pattern we can expect a healthy move.
No surprises here since the market is bullish for now.
DOGE broke a resistance area here and now it's going for the next one. Although it's strong and buy volumes are high, we might see aa little rejection on that higher resistance (higher one).
Keep in mind that DOGE is way stronger than bitcoin today.
I'll keep this chart updated if DOGE broke the second...
After we consolidated we rose right into the previous wedge which is now a continuation. The good news is we're nearing the end of this wedge typically leading to a new trend with a spike.
We are going to see a minimal pullback to then test the top of this wedge, from there and f we decide to have a sell-off well potentially fall to .25 which has very strong...
After touching the resistance, like we anticipated here:
Now DOGE Dogecoin is in the consolidation area, between the strong support and resistance lines.
Where do you think it will go next?
Hi followers,
BINANCE:DOGEBTC showing signs of a new uptrend forming,
New buyers stepped in on a support area, followed by trend line breakout, retest and higher low.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation...
Doge above that white line is more interesting
However dogecoin is gonna go for $0.43 and maybe more (It depends on whether breaks it or not)
Resistance levels : 0.43 - 0.73
Support levels : 0.28
