DOGE ~ 1W #DOGE If CRYPTOCAP:DOGE Test this Support Level, it may be good enough to place gradual purchases here. This is wave 2 if we count the Elliot wave pattern.
Dogecoin (DOGEUSD) has so far fulfilled our July 24 2023 call (see chart below) for 6 months of sideways trading and is about to get out of this Cycle's Accumulation Phase: As you can see on this chart, the price action respected our Accumulation Phase boundaries strictly and is about to form a 1W MA50/MA100 Bullish Cross. When this Cross was formed on each...
Dogecoin (DOGEUSD) is trading on its 1W MA50 (blue trend-line), practically consolidating ever since the massive rejection of October 24 2022 on the 1W MA100 (green trend-line). This sideways price action is serving as the Bull Cycle's Accumulation Phase, before the final parabolic rally that will take DOGE to a new All Time High. This is at least the pattern that...
Dear Traders, we have a good opportunity to go long on DOGEUSD, next move can be extended bullish impulse if DXY drops further it will be huge booster for DOGECOIN to move further.
The Dogecoin (DOGEUSD) hit yesterday the 1D MA200 (orange trend-line) for the first time since November 21 and at the same time the Support Zone that started on the November 09 Low. So far this is a major demand level and that is also shown on the 1D CCI which is rebounding below the oversold barrier (this has been a bullish signal for the past 6 months). Until...
We last looked into Dogecoin (DOGEUSDT) back in late October, analyzing the potential for break-out above the Channel Down that it has been trading in since May 2021 by using the Fibonacci extension levels. As you see, the aggressive Musk-led pump hit the 1.5 Fib extension of the Channel Down, while breaking above the Bear Cycle Resistance of the 1W MA50 (green...
*** *** For this particular analysis on Dogecoin we are using the DOGEUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where DOGE finally hit our 1D MA200 (orange trend-line) medium-term target which we set after spotting the RSI Bullish Divergence as outlined on our October 04 idea below: As you see the massive pump, fueled...
Entry and exit points are available on the chart. The best entry time is after closing the price in one hour period ( 1H ). To reduce the amount of risk (/reward), consider the second Target.
Dogecoin (DOGEUSD) made a convincing break above the 1D MA50 (blue trend-line) yesterday and closed above it for the first time since April 28. The long-term pattern has been a Channel Down since the May 2021 High but recently we are seeing the emergence and completion of an Inverse Head and Shoulders (IH&S) pattern. It is on a slope with the 0.5 Fibonacci level...
*** *** For this particular analysis on DOGEwe are using the DOGEUSDT symbol on the Phemex exchange. *** *** The idea is on the 1D time-frame where Doge has been trading within a Channel Down since mid-May 2021. The median of the Channel plays a key role on this pattern as it distinguishes the formation into a Buy and a Sell Band, with the former being the...
Dogecoin (DOGEUSD) hit last week the 1W MA200 (orange trend-line) for the first time since the December 07 2020 1W candle. This is the trend-line that (excluding the March 2020 COVID crash), marked the bottom during the previous Bear Cycle. This idea illustrates DOGE's long-term Cycles in order to get a better understanding of where we stand today. Last week's...
Drop to the specified area and then buyers will take action
The recent price movement of DOGE shows it's strong buying power from the support level of 0.1814. Although, it has been a downtrend from the highest high resistance of 0.3263. We see buyers action going strong, setting the asset price for a bull run to break the 0.2951 price resistance. I have set an entry base on this analysis and I will love to know what you...
DOGEUSDT (4H CHART) Technical Analysis Falling Wedge Pattern DOGE/USDTT currently trading at $0.3015 Buy-level: Above $0.2966 Stop loss: Below $0.2717 Target 1: $0.3250 Target 2: $0.3454 Target 3: $0.3796 Max Leverage: 3X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
So much support and resistance are there. Risk reward is high in this position. Try short position
= It crossed a descending price channel to the top. = Committed to the top of an uptrend. = The rest of the things are shown in the drawing = Buy personal opinion.