TLDR:
DOGE has been in a downtrend since May 2021.
Overall DOGE’s price depreciated more than 90% since its ATH to its current value of 0.0619 USD.
Although the chart looks bearish, I have some reasons to be optimistic about DOGE’s chances of future recovery (Twitter).
This is a Degen play, not something to bet your house money on.
DOGE Coin Long Term...
It looks like we have completed the correction for DOGE in the form of an ABCDE triangle (4 wave) - the next likely target is 1.3$
also we have strong divergence on RSX
Hey everyone... The DOGE community has been PATIENTLY, FRUSTRATINGLY, waiting and MAYBE, just MAYBE its about that time. I left most of the description on the chart but ill go over a quick overview of what's going on.
So THE 20D EMA just crossed ABOVE THE 50/100D EMA's Which is a good sign that we're gaining momentum here.
There is a COMMON PATTERN I circled on...
Hello Traders!
The DOGE price is exiting the consolidation range of $0.185 - $0.255.
We may consider buying either near the level of $0.255 or after a small correction to $0.240
Stop-loss can be placed under the lower limit of the consolidation range which is $0.185
Targets:
$0,40
$0,54
$0,70
The risk/reward ratio in the deal is 5.7
Good luck and watch...
We have been analysis doge since March 2021.
A clear view of a dogecoin movement of this month, inclined support and resistance has formed since August and continued till September. It broke that trend 1st of September and again consolidated on 7th of September.
Now if it breaks the support then we may see further fall to 0.225, 0.1950, 0.1640 or if it breaks...
Looks pretty oversold and it bounced on a major long term trend line. I do think that we bounce back at least to retrace (fib levels). A lot also depends on ETH so watch that chart. If ETH dumps more, doge will as well. But I do think up is higher than down right now.
