BINANCE:DOGEUSDT Doge vs Tether
In my view, there are three possible scenarios, and the second one appears to be the most probable.
⚠️ Disclaimer: The following insights reflect my personal perspective on the market, relying on publicly available information and historical data. While some opinions stem from my actual trades, others do not. I am not a financial...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (607000).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
....
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (607000).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
....
Looking at this 4hr chart it looks like Dogecoin is finding it's way through the woods!
My whiskers are telling me some big moves are coming in general for the cryptosphere.
Doge looks poised to move up to the top of the channel.
I'm howling for the moon for Doge!
Owhooooo!
An interesting result was obtained by analyzing the correction wave lengths after a strong impulsive wave (with more than 50% price rise):
- All correction "Minimum Price" (Red Arrows) are between 0.786-0.618 Fibonacci.
- Almost all "Impulse Start Price" (Green Arrows) are between 0.786-0.618 Fibonacci and above the "Minimum Price" (Red Arrows).
If it...
". There is a possibility of temporary retracement to suggested support line (0.045185).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at...
seeing the trade of this trendline line with the combination of the SnD area for DOGE, now there is an opportunity to Buy.
Technically, Doge has not shown any indication for Bullish, the initial indication of a bull is when the price can break the red line, where the red line is the trendline as resistance
There's quite a bit of speculation here, but it also...
And we continue our review of crazy DOGE
It seems that it is in someone's plans to sell DOGEUSDT very, very expensive.
If we look at the chart, we will see that the buyers did not even let the DOGEUSD price go down to the lower border of the consolidation triangle.
The upper border of the triangle is at the level of $0.055
The liquidity zone on top is...
The Priceline of Dege has formed bullish Shark pattern and entered in potential reversal zone and ready for bullish divergence at any time.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of Doge price action's moves:
After inertial leg (X to A) the A to B leg...
Technical analysis:
. Dogecoin/USDollar is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00230000 to 0.00183000). if so, traders can set orders based on...
Technical analysis:
. Dogecoin/USDollar is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00230000 to 0.00183000). if so, traders can set orders based on...
Technical analysis:
. DOGECOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00230 to 0.00165). if so, traders can set orders based on Price...
Technical analysis:
. DOGECOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
Technical analysis:
. DOGECOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
Technical analysis:
. DOGECOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. The price...
Technical analysis:
. DOGECOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. The price...
