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DOGEBTC

DOGE: a legendary re-test.I was always checking this trendline in "logarithmic scale" and i was sure it would have hold. It didn't. So i had the idea of checking it in "linear scale" and look at this! The price touched it and reacted aggressively. Also notice how the price is compressing to the very end of the falling wedge. It's normal to have this type of "low" volume. We will then experience a strong and aggressive push when the formation is coming to an end. Most of the time, this type of pattern, is going to breakout to the upside but in the case of dogecoin we could never know. It's difficoult to believe at TA made for a token like Doge. Anyway i was fascinated by the size of the falling wedge and the beauty of the structure. A very perfect one, even in its re-tests.
BITTREX:DOGEUSD
by UnknownUnicorn19016152
DOGE - Consolidating (Updated) ✅Let's see how DOGE is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price has moved up, and now it's rejected by resistance. Two support levels are holding the price up. It's not confirmed yet, but we might be forming a bullish flag here. Support levels: $0.1260 - $0.1320 Resistance Area: $0.1355 - $0.1390 Bollinger Bands can work as support and resistance too. Here is an example: The market is showing SELL volumes for DOGE. Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance. The Middle Bollinger Band can push down the value, and the Lower band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that DOGE is below the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $0.1329 Let me know your ideas. Good luck.
by ShawnMCR
3
DOGE, global and local technical analysisLet's analyze the DOGE chart on the lower and higher timeframes. Globally, the DOGE is in a large trading range. In doing so, let's highlight one of the most important levels at the moment - the middle of the trading range. Locally, a trend line can be identified. The price is starting to squeeze and there could be a breakout soon. In the case of a breakout, there could be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
BINANCE:DOGEUSD.PLong
by Yuriy_Bishko
7
DOGEUSDT | The best places to buy and sell🔥Hello traders, Dogecoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. According to the count, the main waves 1, 2 and 3 are formed and now we are inside wave 4. Wave 4 is unexpectedly zigzagged and this zigzag has completed its a and b waves and is now inside the c wave. According to the rules, wave c is formed in the form of five waves, and of these five waves, waves 1, 2, 3, and 4 are complete, and we are currently inside wave 5 of wave c. Wave 5 has done its minimum motion but its normal motion has not formed which I think for normal pattern wave 5 will probably have more downward and will move in proportion to wave c to wave a to Fibonacci 1.00 (if the range 0.1325 is completely broken) . If the canal is broken upwards, we consider this zigzag to be over. We will compare this correction with our internal waves and do not currently consider the ratio of wave 4 to wave 3. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
by mahdisoltaninjad
1
DOGE🐶 breakoutDogecoin broke up this huge falling wedge (yellow) and is forming sort of triangle📐(red). Currently sitting @ support 0.166-0.160 and I think there is chance for run to the higher resistances (0.34, 0.45 & 0.517) especially if price breaks the (red) triangle upper edge and horizontal resistance 0.2174. DOGE just run!🦴 Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
7
Dogecoin (DOGE) - February 7Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (DOGEUSD 1W Chart) Above 0.1699 1897 point: Expected to create a new wave. To switch to an uptrend, it must move above the 0.208 4088 point. Therefore, if it fails to quickly move above the 0.1699 1897 point, further declines are expected, so trade cautiously. ------------------------------------- (DOGEBTC 1W chart) Above 0.0000 0260 point: Expected to create a new wave. It must rise above the 0.0000 0456 point to turn into an uptrend. You need to see if there is any movement along the uptrend line. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
POLONIEX:DOGEUSD
by readCrypto
3
DOGE inside blue channel DOGE is in a downtrend and is now inside the Blue channel, so it can be expected to reach the bottom of the blue channel. If it breaks the blue channel, this time its target may be 0.07. I'm using Fibonacci circle , Fibonacci levels , Fibonacci channel to create this analysis so Dont think that this is just figment ❤️👍🏻 Please support me with LIKE / COMMENT ❤️👍🏻 DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by Wolf_of_Trading
3
Dogecoin on its final support Doge is in a downtrend since May 2021 when it had a major pump because of Elon's tweets. It is currently trading at its support on Price and MACD. As I have noticed that all the last few pumps where because of Elon's tweets and interestingly all these times he tweeted when doge was on MACD support and because of this MACD formed an ascending triangle pattern which is at its final point. DOGE volumes have dropped significantly and this needs some big news or development from tech team to go up. Volumes also need to be high during this breakout for it to change the trend. Look out for this one in the coming weeks. This chart is only for information purposes and it is not an investment advice.
Long
by NayibSayilor
DOGEUSDT | Two great scenarios🔥Hello traders, Dogecoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. According to the count, the main waves 1, 2 and 3 are formed and now we are inside wave 4. Wave 4 is unexpectedly formed in the form of a zigzag, and this zigzag has completed its a and b waves and is now inside the c-wave. According to the rules, wave c is formed in the form of five waves. From these five waves, waves 1, 2, 3 and 4 are formed and we are currently inside wave 5 of wave c. Wave 5 has done its minimum motion but its normal motion has not formed which I think for normal pattern wave 5 will probably have more downward and will move in proportion to wave c to wave a to Fibonacci 1.00 if the range 0.1325 is completely broken. If the channel ceiling is broken, we consider the downtrend to be over and we will compare this correction with our internal waves and we will not consider the ratio of wave 4 to wave 3 at the moment. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
by mahdisoltaninjad
2