Dogecoin on the 60 minute chart has been in a good trend up for more than 36 hours. Moving
averages have been diverging but price is now falling in a pullback to the SMA21 and EMA21
while the EMA 50 continues to trend higher. The relative strength look back is solid green.
I see this as an excellent point to add to Dogecoin with the risk being the market cap...
now that we flipped $0.15, it's really just air above.
there isn't much stopping us from hitting new all time highs this year imo.
the only resistance left is around $0.45 but even that will be temporary.
$1+ is simply programmed into the fabric of the universe.
Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have...
As alt coins gear up for the next market cycle Doge coin has seen alot of hype over the potential use case with twitter.
The chart is the ultimate culmination of all buying, selling and the cycling there of. Twitter or no twitter Doge along with many other alts are leveling off and exposing their momentum.
Applying current cycle price action to average...
Formation: The DOGE/USD pair has formed a rising wedge pattern on the daily chart, indicating a consolidation with an upward bias.
Ichimoku Cloud: The price action remains above the Ichimoku cloud, signaling a bullish presence. The Tenkan-sen (turning line) has sustained above the Kijun-sen (standard line), maintaining a bullish crossover.
Fibonacci Retracement:...
Welcome back, gang!! It's time for a quick update on our DOGE/USD trading analysis. Buckle up as we delve deeper into the daily and 4-hour timeframes, uncovering major structural zones and trends that are shaping our next moves.
Upon closer inspection, we've identified key structural zones and downtrends, aligning them with Fibonacci levels from the previous leg....
Hello, guys! ☺️Today let's take a look at two timeframes of Dogecoin: the weekly and hourly. We'll try to determine the price movement in the short-term, medium-term, and long-term perspectives!💪
🐕Dogecoin is a coin that evokes mixed emotions: some adore it, some hate it. Some have become very wealthy because of it (like Elon Musk, for example, haha😄), while...
Doge following downward trend As EMA 10 crossed 20 and in path to break EMA 50 soon.
Next buying positions could be $0.1635 then a bounce back to $0.175. Then the final downtrend will be seen all the way down to $0.1535.
At $0.1535, we need to see how bulls react. If support breaks, we would see $0.137 as a new low in this cycle if the uptrend wants to...
EMA 10 already broke EMA 200 in 2hr time frame. Once EMA 20 and 50 crosses EMA 200, same price action could be followed similar to previous break down to $0.12 - $0.13 on March 19.
Lower Low could be around $0.151 to $0.1545.
Samthaysss!
