Taking a look at Dogecoin's weekly chart, I like what I see. The price is in a massive pennant The weekly MACD is curving at support and as history has shown 5 previous times before, when it has a bullish cross over the signal line the price tends to pump hard. My primary target is the first target at around .00000109. This has proven to be a strong resistance...
Priceline of Dogecoin / US Dollar cryptocurrency has formed a bullish cypher and entered in potential reversal zone.
From here the price action can take bullish divergence soon insha Allah.
I have defined targets using Fibonacci sequence:
Buy between: 0.00299254 to 0.00243769
Sell between: 0.00342933 to 0.00447808
Regards,
Atif Akbar (moon333)
DOGE is usually relatively stable, but very sensitive indicator for altcoins and it is wiggling on limit that could be broken and -50% or even 10x lower prices are possible
Looking at our Megalodon indicators we can see on the daily chart that we are getting buy signals, and the MACD is showing strong support as well. It's time to add DOGE to your watchlist for a good buying opportunity.
The Megalodon indicator uses a machine learning algorithm, combined with data from over 500 buy setups, and over 2000 indicators to produce...
No doubt, the recent rally has everyone fired up about longstanding assets BTC, BCH, ETH, but have you taken a look at LTC recently? More than 200% with not a ton of fundamentals driving it.
Building into one massive wedge is monthly Doge. Doge, the democratically elected leader of the home of Banking Finance innovation. Doge the "joker coin" whose memes are cute as a button. Doge monthly has built into a massive wedge with potential to break out any which way.
This is just the DOGE USD pair. This isn't even getting into the potential for DOGE...
Clearly we can see here where the trend lines cross. If we were looking at this from a typical breakout emotional pattern chart, we could simply say we are moving into the next breakout. You can also clearly see there has been a shift in the pattern as it jumped back to the long term upward trend line. Even though this looks really good I still expect major...
I try to keep everything as basic and from a technical charting stand point. I look for short long and mid term patterns. All though the setups are not 100% confirmed they are showing great potential. The current setup is an Ascending Triangle which then leads to a Cup. This Long term repeating trend is very interesting. Based on my personal view the upside of...
From a Basic mid-long term technical chart Doge is in position for a EOY Cup and handle breakout. This is how I am playing Doge Coin as of right now. Watch out for the false breakout to complete the cup and fall into a handle.
Interesting bullish divergence forming on the daily chart for DOGEBTC, 29 sats is also the 1.618 Fib Retracement level from the previous pump. If 29 sats holds we should probably see upward movement for dogecoin against btc.
This is just to keep track of my trading. Not any kind of financial advise
So going through my morning routine while attempting to spot any trendline breakouts And lo and behold there is a second W top this time on the DOGEUSD for a mid-long position: If you are not patient and looking for a quick short DO not make this entry
I wrote W top accidentally; just ignore it.
I meant W bottom—Hopefully you already knew that as it is common...
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...
