A few more months of sideways action with two major support lines and one major resistance line.
*Important - Once majority bashes crypto and calls it a scam calling for lower targets (like how many did in 2018 and missed out), that is when I will be all in! Since majority stopped talking about Dogecoin, now is time to pay attention! Whales/elites will not miss any opportunities into making money. They simply buy the fear, hype up the market, take profit...
Two days ago, I posted how the market is tipping over to the bullish side. Today is a continuation of that post. If you want to look at my previous post, please take a look here. The volume weights for today to recreate this exact chart are the following (enter it in symbol...
Looking at the H4 chart , my overall bias for DOGEUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 0.07961 where the overlap support is. Stop loss will be at 0.07456, where the previous overlap support is. Take profit will be at 0.09511, where the overlap resistance and 61.8%...
Dogecoin with a possible breakout to the 0.175 by EOM Supertrend Green on daily TF Top of the ichimoku cloud (Not shown)
Somehow interesting and pretty relevant is now to check the perfect support offered by the lower parallel Median Line from 1'.2'.3' . Let's see if DOGE can move back above 0.1$ now (next huge psychological resistance) Update of
Doge looking to confirm hidden bullish divergence. Volume showing heavy efforts to drop price, less result. Hourly RSI is well oversold. STOCH RSI threatening to cross bullishly. Long.
After a huge run Dogecoin needs to step back before its major move. Wait for 0.05-0.07$ as a fair price area, targets will be beyond imagination of 99% of traders (just comparable with Starships). WARNING: DOGECOIN is a very manipulative currency, It is absolutely high risk. Do everything on your own risk
Previously I have published a wave count for Doge. The over analysis of the market showed me that my analysis needs a little bit of correction. So, I modify the elliot wave count and you can see it in the chart.
Please see the prior trend and the current trend Dogecoin, the popular cryptocurrency known for its Shibu Inu mascot and internet meme origins, has seen a significant uptrend in value this year. Many investors and traders have been closely watching the market for Dogecoin, as it has the potential to bring significant returns.
Similar to most (but not all!) cryptos out there currently, there's a long descending trend line which started forming around May 2021 and seems to have been keeping a limit of most cryptos ever since. DOGE is no different, it has recently tested this trend line and been rejected but seems to have been forming a smaller parallel channel of it's own... This in...
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...
As I believe that BTC will continue its down trend (I have published my analysis), Doge will not be an exemption in bear market. it is possible to see DogeUsd @ 0.01 or 0.02$. Natural steps and movement angle of Dogecoin is shown in the chart. Notice: It is not a financial advice
Looks like it’s in the same place prior to its breakout in ‘20-‘21. The reversal pattern is nearly identical on the 1W. The indicators are there and volume’s increasing. I think it’s going to launch soon. Don’t take my word for it. We can all be wrong. Good luck and happy trading.
Hello traders, today I would like to explain to you something that may cool your views on this year's increases ;) Dogecoin grows 150% in 6 days, but be careful because it is now the most "bought" since April 2021 The DOGE price could drop 60% by the end of this year as it reached its highest overbought level since April 2021. According to the classic technical...
DOGE M Formation or and some sort HS Haed us down to the 0,025 0,015 area.
Ok, was looking bad for bit but $DOGE redeeming😁 $SHIB opened last week 81 & now 86 #DOGE was 70 & now 78, mostly TODAY = caught up Overall both are great projects & have both Do own ton more #SHIB & that CAN change Will likely interchange on big moves If one moves a lot more than the other will look into moving assets one to another #crypto #cryptocurrency