#DOGE (Analysis)
Dogecoin has been Consolidating in Descending Channel Since May 2021 (TOP)
Seems like Correction phase is Completed & Getting Very Close to Massive BREAKOUT, It's time to FLY.
But Bulls need to Break the Descending Trendline Resistance to Confirm the Breakout.
As Resistance getting Weaker & Volume has been Coming in, Expecting Breakout...
Doge | Big Breakout short term | Want Perfect Entry?
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The DOGEUSDT price is in a wide buying zone of $0.057-0.073.
If you believe in the Dogecoin project, or at least believe that Musk will be able to pump up the price of DOGEUSD again, then this is the right buying zone for you)
It is wise to place buy orders by "a grid" in this zone to end up with a "tasty" average price of DOGE in a medium or long-term...
Dogeusdt
0.070 has been considered a huge support for a long time.
At this time, if we see buyers' interest on this support again, then Doge can definitely give 100% Bullish Move from here.
I am expecting buying activity from 0.070 which will comfortably push the Doge price to the next resistance.
Remember: Anything can happen in Crypto Market, always do your own...
Past Performance of Dogecoin
Dogecoin remains under pressure. Even though it is up roughly 10% in the last trading week, it remains within a bear formation with caps at $0.078. The good news is that DOGE prices are above the middle BB and steady above $0.070. Still, for the uptrend to take shape, there must be a conclusive high volume close above $0.078 in the...
Just a basic chart. We can see the baseline target that was called in the previous post (see link below). Called to the exact point. I feel confident in this one as well. From here when we get a strong breakout- it will be STRONG- expected upticks seen around Sunday or Monday ish. The price will continue to surge violently up. There is a resistive point at .10...
Dogeusdt
Breaking Falling Wedge In Higher Time-frame
Forming Descending Channel In 4h Time-frame
Double Bottom Pattern in 12h Time-frame
Expecting Massive Bullish Move Incase Of Succesful Breakout.
Do Your Own Research | Always Wait For Confirmation
Coinbase CEO says he heard rumors the SEC wants to ban crypto staking.
Already crypto exchange Kraken shuts down crypto-staking.
This will have ripple effects in the entire industry!
My price targets for Dogecoin DOGE are:
DOGE/USDT short
Entry Range: $0.080 - $0.085
Take Profit 1: $0.074
Take Profit 2: $0.069
Take Profit 3: $0.066
Stop Loss: $0.0.097
The Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Dogecoin DOGE are:
DOGE/USDT short
Entry Range: $0.085 - $0.092
Take Profit 1: $0.080
Take Profit 2: $0.073
Take...
After the previews price target was perfectly reached here:
Now looking at the chart, i believe DOGE is about to test the $0.67 support once again.
I am not extremely bearish on Dogecoin, because i think ultimately Elon Musk will find an utility for it on Twitter.
Although now Elon is more into AI than crypto.
Looking forward to read your opinion about it.
Good day traders. We have this descending trendline that we have not broken out since five weeks. If we breakout we have multiple levels of TP, starting from the 0.92 level.
I would suggest waiting for the breakout to be confirmed by a 4h candle stick closing.
And always follow your own plan.
Past Performance of Dogecoin
Dogecoin is, like the broader market, under pressure. It is down roughly 20% from February highs and will likely shed more in the days ahead. Going forward, traders should watch how prices react at around $0.091 and support at $0.080.
#Dogecoin Technical Analysis
Bulls are confident, but how prices react in the short term depends...
What happens when a "falling wedge" pattern meets a long-term support line and they both bump into a potential Elon Musk takeover by Twitter?
"Falling wedge" is a bullish reversal pattern. 0.85 is key resistance to pass for breakout up, confirming much further upside above.
Support line goes back to October 2022 and confirms higher lows.
Dogecoin is a POW...
