In technical practice, the always past of the charts makes it possible for us technologists to predict the future of the charts, with a very high percentage technically I consider a good climb for this cryptocurrency.
Right now, to make the long story short, watch $0.14 and $0.17. There is a chance of head and shoulders pattern building. Doge needs to hold the 14 cent support. At the same time, a break above 17 cents will increase the chance of wave 4 completion and wave 5 progression towards $0.30. From my last post I have readjusted the count to keep the minor degree impulse...
Besides Elon musk's games and ploys on Dogecoin, this coin has some room for growth; at least based on technical analysis. If we look at the chart there is a big and wide upward channel, and price is approaching the bottom of the channel. Also, Fibonacci time analysis shows the end of the current downtrend wave is almost near. Let's see what happens.
Doge completed a type two bat and after breaking down sprung right back above support.
Now we look for a few things
- Support to Hold
- Divergence to Mature on the 4h & 6h
- Daily MaCD to Stay green
By Layering in you can strategise a SL below Support. We have orders at the 618, 786, & 886.
Hello!
The light green up arrows market eh 3 peaks of a lovely inverse head and shoulders formation for Doge.
The next ride should check in at the previous major levels, before continuing on into uncharted territory.
We also see the RSI loaded up at overbought right now… so a correction of that is due.
Be warned, there is still bearish pressure,...
Dogecoin is getting ready for a massive pump in the coming weeks, most likely at the end of March. I am ready and you?
BTW this is my first time ever publishing.
Trade at your own risk.
To the moon!
Dogecoin (DOGE) has been under pressure recently, but a technical indicator suggests it may have found short-term support. On a 4-hour timeframe , DOGE found potential support at $0.1423 . This could be a sign that buyers are stepping in and could indicate a potential bounce in the near future.
However, there's still resistance ahead for DOGE at $0.1532 . If...
Dogecoin has seen a significant rally in recent trading sessions, with the price pushing upwards by 9.55% on the latest trading day, reflecting heightened market optimism. The volume has also seen an uptick, indicating strong buyer interest.
Dogecoin's price has recently surged, breaking above several key resistance levels. The formation of a bullish engulfing...
Expecting Dogecoin to consolidate in the $0.14 - $0.11 price range on the weekly chart...
until we get 2 things which will most likely take place in the next 16 weeks between today & August 19
1) Stochastic RSI crosses UP on the weekly
2) 50 / 200 Week MA confirms a GOLDEN CROSS
Soon as those 2 happen...
Moon
Happy Sunday Funday!
I believe we will see a continued bullish movement after a sideways consolidation from this point, illustrated in turquoise projection.
The orange and yellow bearish scenarios are also strong influences, and would be the normal expected pull back behavior. however, we all know that doge likes to get real excited and go exponential when its...
Looking at the previous pattern, some time before the end of the year Crypto bull run should peak. But usually it ends in December or April
Just take it as information.
Happy trading.
Im so excited to run along that yellow chain fence up there…. And when it gets down closer to the green spring ground up there, Im gonna jump over it! Then the adventure really begins!
Go Doge Go!
potential head and shoulders top on the daily. we'll keep an eye to see if this gets invalidated. if it is validated, the potential downside is $0.08 area
not trading advice
tg
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 reached its peak in wave 3 in May 2021 and likely hit the bottom of wave 4 in June 2022. However, due to the ongoing corrective downtrend, a reset in wave 4 might occur. The overall expectation is for an upcoming upward movement in wave 5. It is recommended to gradually enter positions at support levels and exit at resistance areas.
