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BINANCE:DOGEUSDT possible downtrend to continue; we have seen crypto rally in recent time, and we may see some correction in the market. Smart entry would be when price fill the liquidity void area, that is where we can take sell entry. Remember, cryptocurrencies remain too volatile compare to...
Key Resistance Area:
DOGE/USDT has encountered a significant resistance area, coinciding with the formation of an XABCD harmonic pattern. This area is crucial as it aligns with the 4-hour trendline, indicating a strong barrier to further upward movement.
Bearish Expectations:
Given the confluence of resistance factors, we anticipate a bearish move from this...
#DOGE #Dogecoin exhibits a bearish bias, highlighted by a decisive break of structure on the daily timeframe. Approaching a key resistance zone, the pair appears overextended. The accompanying video explores a potential selling opportunity if prioce action plays out as described in the video. Please note: this analysis is for educational purposes and does not...
Already in a swing low leverage short from the top around 0.08900.
Now adding leveraged position to this if this failed to goes above i think this can crash.
Having an entry from the top is letting me add margin without too much risk.
Added margin above 0.08650.
Closing whole position 0.08830 flat stop.
Note: Not a Financial Advice
Dogecoin is starting to show signs of converting to a trading range after a strong bull run. We have a potential double top reversal pattern playing out after three good pushes to the upside. Does that mean we're heading down?
How do we trade this? 🤔
Three pushes up, potential double top reversal pattern, RSI at 62.00 and below the Moving Average, these are the...
Hi Traders, Investors and Speculators of Charts📈📉
As seen on the chart, I've highlighted some potential signs that will help to determine whether we can expect a rally before the 25th or after the 25th / in 2024 :
- If Doge is getting ready for a rally before the 25th, we can expect to see some higher lows. Currently we're trading lower than we did two weeks...
On lower time frame, it seems the price wants to revisit the daily support from where it has bounce a couple of time in past week. The price was rejected from the confluence of weekly and 4h resistance current trading below it. I think the probability of it hitting the daily support DS1 is high and therefore a long is not favorable here.
I expect an awesome short opportunity from the area highlighted in the chart after hitting the order blocks and grabbing liquidity a sharp move down.
The chances for it getting there are not much but since that's the setup I'm looking for, Let's wait for it!
NFA
The price has hit the weekly resistance. A short shall be favorable here but since the price has a strong momentum, it is very risky. Still I am going with a limited risk here.
DOGEUSDT hast been trending down for a while after getting rejected from the daily resistance DR2 and then DR1. Now it is trading between weekly resistance WR1 and daily support DS1. The likelihood of the price to visit daily support DS1 is high. If the price hits that support, it should have a good bounce from there. A predictive path of the price action for this...
The price has hit the second 4h support area and is likely to break it. From the price action it seems that there is a high probability of price aiming towards the daily + weekly support area around 0.08100.
As mentioned in the last post, price moved up and touched the weekly resistance before moving down.
Now it seems price might be headed for the daily support region as marked in the chart. This daily support has already been tested after the breakout from that level.
Mega twitter pump. I expect this to go up, however both sides are illustrated.
Res at 15c, after that 17c.
Big trend support created from start of pump lays below, though before that is a a fresh established support at 10c.
Fomc illustrated at the exact time it drops, volatility will come in.
Will update.
Based on technical factors there is a Short position in :
📊 DOGEUSDT
🔴 Short Now 0.07850
🧯 Stop loss 0.09741
🏹 Target 1 0.06755
🏹 Target 2 0.05350
💸RISK : 1%
We hope it is profitable for you ❤️
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price should go down and retest the breakout point
also buying twiter by elun musk had effected price how ever we have not thing change in coin project
buy the rumor sell the news
DOGE/USDT :::
It is currently moving in a downward channel .
There is strong support in the 0.049 range ::
1: If it is broken, it will continue its movement until the next support .
2: And if it gets good support in this range and can break the ceiling of the current channel, it will grow well .
So what do you think !?
