Will DOGE break out this Uptober?!Here's a quick look at DOGE daily chart . As we can see, the price has been forming a bigger descending triangle and is currently at the apex of the triangle! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.374$
2. 0.44$
3. 0.52$
4. 0.739$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
DOGEBTC
DOGE - the best potential trade😱😱The DOGE chart is full of signs of continued decline.
-Squeeze
-Sticking to the level
-A small-bar approach
-Lots of tests of key levels
All indicating a breakout and a fall to the zones below. But be careful, as a sharp jump to the $0.204 level is possible, where many stop losses are likely to be located.
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.
DOGE - Daily ChartDoge reacted stronger than Bitcoin.
The support we pointed out from yesterday saved the market. Buyers started diving in and the price is going up to retest the resistance areas.
Sell volumes can still be seen which is showing that we are near resistance.
I've pointed out the resistance levels on the chart for you,
And also there are 2 support areas and one of them is holding the price up right now.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $0.2020
Good Luck
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Doge: Wyckoff Redistribution RangeIf Doge rejects here its a clear example of Redistribution..
Notice how well price respects the upper trading range.
Only if DOGE gets back above 0.22 cents mark or so with STRONG buying volume can this bearish pattern be considered invalid.
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My redistribution is based on the characteristics of Distribution found here;
school.stockcharts.com
Let us remember that Wyckoff is not a CHART PATTERN, it is a METHOD OF TRADING RANGES that can be APPLIED TO ANY RANGE.
That means characteristics of Accumulation can be found in Reaccumulation, and vice versa with characteristics of Distribution found in Redistribution.
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Thank you traders, Take Caution & Goodluck out there!
DOGE - Daily ChartWe're testing resistance again, if the prices manage to pass this resistance, then we can update this chart and go for bullish setups.
But now we have to wait for a confirmation. There are also two support areas which can help us build a better ground, and consolidate.
But we still see that the are strong sell volumes all over the market so again, watch out. It's very fragile for now.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $0.2111
Good Luck
Tell me your ideas. Like and Share
Doge - pump is coming soon 😲😲Bitcoin is locally in consolidation, a good time for altcoins. There is a potential trade on the dogecoin chart. We can see the trend line, the price is now squeezing near the trend line, this is a good signal for a breakout and rise. Before that we see a spike downwards, this was a stop-loss collection, also a good signal for growth.
A good buying opportunity will be after a breakout or retest of the level.
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
Dogecoin (DOGE) - September 22Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(DOGEUSD 1W Chart)
It is necessary to check if there is support in the 0.16991897-0.20084088 section and an upward movement above the 0.23923275 point.
Above the 0.25437029 point is the high point, so if the price is maintained above this point, it is expected to create a new wave.
Since the support section is weak due to a sharp rise, if it declines from the 0.16991897 point, it may drop near the 0.06797120 point, so you need to trade cautiously.
From a mid- to long-term perspective, if the price maintains above the 0.06797120 point, we expect the uptrend to continue.
(1D chart)
While maintaining the price in the 0.16092054-0.21406041 zone, we expect the price to move out of the downtrend line before turning into an uptrend.
Therefore, the price should rise above the 0.25437029 point to maintain the price.
The 0.37730207 point is becoming an important support and resistance point during the surge.
Therefore, if it does not rise above the 0.32034017-0.37730207 section within a short period of time, it is highly likely that it will turn into a downtrend and enter the mid- to long-term investment area.
If you look at the OBV in the volume indicator, you can see that the volume has been declining sharply since May 12th.
It seems that these trading volumes are becoming increasingly alienated from the market.
However, if it continues to find support above the 0.16092054 point, it will create a new wave with a new buying trend after a sharp rise.
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(DOGEBTC 1W chart)
With the decline from the 574 satoshi point, the likelihood of a decline near the 260 satoshi point is increasing.
However, we need to see if we can move up near the 472 Satoshi, which was the previous low.
Since the support section is weak due to a sharp rise, it is always necessary to trade cautiously.
It is important to keep the price above the 574 satoshi-651 satoshi zone to form a new support zone.
From a mid- to long-term perspective, if the price is maintained above the 260 Satoshi point, it is expected to continue the upward trend.
(1D chart)
We need to see if we can sustain the price by rising above the 500 satoshi point.
If it continues at this rate, it could drop near the 260 Satoshi point, so careful trading is required.
It remains to be seen if the volatility around September 26 (September 25-27) can lead to volatility rising above the 651 Satoshi point.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, 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 regenerate themselves.
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** 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 the sake of 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 yet been released.
(Because it is not public, 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.)
Dogecoin Technical Analysis BinanceWe have been analysis doge since March 2021.
A clear view of a dogecoin movement of this month, inclined support and resistance has formed since August and continued till September. It broke that trend 1st of September and again consolidated on 7th of September.
Now if it breaks the support then we may see further fall to 0.225, 0.1950, 0.1640 or if it breaks resistance then it will rise to 0.2650, 0.3050, 0.3500.
Just chill and wait for price action and open your trade.
Analysis based on 4hr TF.
If you like our idea just hit on like and comment down
DOGEUSDT Technical Analysis
⏳ Spot
💎 DOGEUSDT has formed a symmetrical triangle and the price has got several rejection from the green rectangle . The support line of the triangle has been pushing the price higher. The price should break above the triangle and go higher.
🏁 Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.2400
☕️ TP1 0.4000
🍺 TP2 0.6000
🍻 TP3 ______
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.1500
Good Luck 🎲
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DOGE - Where are we?Some people wanted to know what price range are we moving in.
What is the main support and what is the main resistance?
Here is a chart for that, it's a sideways channel and whatever happen, it won't leave this channel that easy.
For those of your who want to buy and hold, it's not a very bad time. But if you can hold on for a bit longer and buy at a lower price, it would be great.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $0.2335
Good Luck
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DOGE - Daily ChartHere is a daily update for short term positions.
There are two strong support areas you can depend on, and also a resistance for your short positions.
IF you're into opening long positions wait for the price to pass the resistance and then after the confirmation and the closure of the first 4H candle above the resistance area, you can open your long positions.
Be careful with your positions because the market is showing massive sell volumes right now.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $0.2458
Good Luck
Tell me your ideas. Like and Share
DOGE 4H , going up or down ?gotta wait and see what will happen . targets are shown on the chart . I added an image of 45min time frame , and as you can see , we have two MACD divergences , and both could be a sign of changing trend .we also have a bullish bat pattern so I expect it to rise . but still have to wait ... if it broke the top of the rectangle , I expect the green way . but if it broke out under the rectangle , the red way is expected.
DOGE-STYLE MODE Could Be ON Again!DOGE has been quiet..like VERY Quiet
Time for Elon to tweet or Mark Cuban to appear again?
What are the chances of that happening?
My chart says it could be time for DOGE to rise again..so let's wait and see now!
PS. We did PERFECTLY WELL on calling the Short ..now let's perfectly well call the Long!
One Love,
the FXPROFESSOR