Doge pulled back 30% from its recent high just above $0.10, leaving the bulls to wonder if we're continuing to the downside or putting in new highs. Is this the time to enter a long trade?
How do we trade this? 🤔
The answer is yes! We have several market indicators that point to a 1:2 Risk/Reward trade right here at this moment. We have three pushes down in our...
Dogecoin has had some fantastic bullish action as of late! If you followed my previous 4HR analysis from December 5th and longed, you made out with a 1:3 trade. What we're looking at now is another nice long setup, but should we take it?
How do we trade this? 🤔
We have an ascending triangle which is a bullish pattern following a strong bull macro trend, the...
Dogecoin ripped through the $0.88 Resistance, found support on it, then blasted through the next resistance of $0.10! My previous analysis projected this outcome and successfully closed the proposed trade. Where does the Doge price go from here?
How do we trade this? 🤔
We're now zooming out to the Weekly candles to see where the next Resistance Zone is and it...
Dogecoin is knocking on the door of the Resistance Zone looking to hit the next price targets. We're currently in an ascending triangle which is bullish, will Doge break out?
How do we trade this? 🤔
There are several reasons to be bullish; Bullish Macro Trend, Ascending Triangle pattern, Above 30EMA and 200EMA Ribbons, RSI above the Moving Average, and Bitcoin...
Doge has broken out of the descending resistance and made contact with the Weekly 200EMA. The price has now pulled back to the 30EMA, so where do we go from here?
Bitcoin is a leading indicator for the alt market and according to my Bitcoin Weekly Analysis, is pulling back from the Weekly resistance. That pullback will likely hold back the Doge price from...
Keep it simple.
Over ichimoku red cloud is a highly strong ressistance at the upper part of the cloud.
RSI also shows us good movement signals.
I am with the X ;)
Go down and share your ideas!
These are only my opinion, not a trading advice!
Getting strong bullish signals on DOGE USD, despite Bitcoin consolidating and not doing anything, Doge has caught my attentions considering the gains in a short time. I will be looking to enter a position and swing trade this one for a few weeks after I get a few more confirmations.
Disclaimer
I’m not a certified financial planner/advisor, a certified financial...
DOGE/USDT analysis
Doge making a double bottom pattern in the W1 time frame.
Entry and target in the chart.
This is not financial advice, trade at your own risk.
