Hey guys 👋
Next one we would like to take a peek at DOGE/USDT pair. For the last month Doge has been bouncing off that trend and holding EMA zones below its market price. For very long we won't go like that but until we are above those levels (Trend+MAs) we are good for long position - ONCE we break and secure that trend we will hunt those lower levels for Doge...
Doge has been quite for some time now....looking like a small prep for bigger movement. Well we expect some volatility to happen here soon so we are good until we are above this trend (Blue line) what do you think guys? We will be looking definitely into this one!!!
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Doge is one of the most known memecoins, thanks to Elon Musk.
Doge is memecoin but is moving like it is not. Steady and with not-so-surprising movements.
We might be just a bit late from a best price since price is just above the golden fib level but I will still pay market price and scalp long here. There is also possibility to go long with less risky, longer...
Basis for this long trade idea:
* A Head and Shoulders chart pattern on 4 hr time
Target for trade: 0.0763
Take Profit points:
Entery Point: 0.0713
Stop Loss: 0.0688
Risk:Reward Ratio: 2.0
DOGE/USDT has been an amazing pair where many of us have been enjoying lot's of gains but here we are again with this one. Currently sitting at the middle zone which is also a support zone currently we see a good chance for bullish run here so let's try
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DOGEUSDT retest the support in 4H time frame which is strong support, doge retest the support and bounce back from the support with good volume RSI also below 30, It's time to open long position and our TP will be just below the resistance level.
Take trade according to your wallet size and patience.
Hey guys ✌️
Another token we would like to talk about is going to be DOGE coin. Well a lot of FUD is going currently about that Twitter CEO chancing which could result a dump in the market but we are here on technical side and see a good possibility for bullish run if we secure that EMA200 zone
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So DOGE coin...has been long time that we haven't looked at that coin huh. So as on most coins we see a double bottom pattern but here we see also a downside path which usually works like that: Drop - Correction(Double Bottom) - possible Drop. So we would be looking for some short positions but before entering we will need to get some additional...
Doge has formed a BULLISH Cup and Handle pattern as we can see. For those unfamiliar with the pattern we can see that the purple highlighted
area makes a cup shape, and the red and blue highlighted area makes up a handle. We can also see a double bottom at the .382 Fibonacci line
I have drawn out support lines in red, and...
Let's talk about DOGE coin guys. Well we see how there is a pump and dump season going on where price has reached with its movements to current level of $0.1030 which is a resistance zone and also upper wall level for BB indicator (well 0.1050 if to be more more specific). Any thoughts here guys?
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