DOGE Long Trade 20210622Signals: Blue -> Green
Head and Shoulder
DOGE, DOGECOIN, DOGEUSD, DOGEUSDT, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
DOGEBTC
DOGE, Dogecoin - we can reach a new low. See why...The price broke through the accumulation zone downwards. This is the first and the main reason for the further decline. We don't have the power for growth. I think we can reach a new low. The entry point for short after retesting to trendline.
Write in the comments all your questions and instrument analysis of which you want to see.
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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 - DangerousThis one also is not a trade setup. It's just an overlook of how this coin is doing.
As you can see it was back to a downtrend regression after its last pump and had only 2 noises up and down the channel.
But now this crash changed everything. If the price doesn't manage to get back to the channel then it's a new price range for Doge because it won't be considered as a noise anymore.
There is one possible key area, and it's the resistance which can push the price down because it's near the Bollinger resistance too. Price might show reactions to this area in the next few hours.
Current Market Price: $0.20605
Good Luck
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Doge DOGEUSDT - Bearish symmetrical triangle TARGETS.- DOGE is not looking good from the technical perspective.
- The price is below 2 trendlines and below the symmetrical triangle on the daily chart
- You can sell/short dodge on Binance or any other crypto exchange.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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Dogecoin (DOGE) - June 20Hello?
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(DOGEUSD 1W Chart)
In the words of Elon Musk, the price fluctuates, so it is always necessary to trade cautiously.
We have to wait and see if there is any news about the development of the DOGE coin or the expansion of where it can be used.
This is because the DOGE coin project can be activated as the number of users increases.
If that happens, it is expected that Elon Musk's influence will gradually diminish.
It remains to be seen if the price can sustain above the 0.023923275 point.
Since there is no support zone formed by a sharp rise, it is always necessary to trade cautiously.
(1D chart)
We need to see if we can form a box interval on the interval 0.23086716-0.34555029.
If it falls in the 0.16991897-0.23086716 section, Stop Loss is required to preserve profit and loss.
However, caution is advised as it may move along the uptrend line (1).
There is virtually no trade to do as the price is falling due to a sharp drop in trading volume.
This decline in price due to a decrease in trading volume is because an increase in trading volume can lead to a rapid price increase at any time.
Therefore, I think it is good to proceed with trading after seeing the increase in trading volume.
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(DOGEBTC 1W chart)
If the price is maintained above the 574 satoshi-775 satoshi range, it is expected to form a new support zone.
To break out of the downtrend line, we will have to wait and see where it will find support and rise.
(1D chart)
It remains to be seen if the 808 Satoshi-907 Satoshi section can support and rise.
If it falls in the 574 Satoshi-610 Satoshi section, Stop Loss is required to preserve profit and loss.
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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 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section
(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.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Dogecoin 4H Price Analysis. An Important Support level to hold!Dogecoin needs to hold the current level, which has acted as an important support level in the past. Because of low volume, and overall market conditions, price needs to be above this support in order to move upwards.
On the other hand, if this support doesn't hold, it might move towards lower levels.
Buying volume is very low and MACD and signal lines are almost flat showing no movement.
9 day EMA is below 26 day EMA which indicates a downtrend.
However, if traders start buying or opening long positions at this level with good volume, and the 9 day EMA crosses over 26 day EMA and persist for few candles, it might see an upward move.
Do share your thoughts on this analysis.
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DOGE - DowntrendThis one is not a trade setup. It's just an overlook of how this coin is doing.
As you can see it's back to a downtrend regression after its last pump and had only 2 noises up and down the channel.
There are two possible key areas, one for the resistance and one for support. Price might show reactions to those areas in the next few days.
Right now as you can see the price got triggered on the $0.3 support and bounced back up again, but this downtrend might break it this time.
Current Market Price: $0.30334
Good Luck
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DOGE/BTCKeep it simple.
This is one of my most favourite crypto currencies to trade. This is the Vix of the crypto market.
Stack up on the green box with as much doge as you can afford. This is anywhere under 25 sats ideally. Then sell at the red box - 97 sats.
Rinse and repeat this.
If doge keeps going down below the buy line, KEEP BUYING.
It's likely doge will do a fast wick to the downside to liquidate longs, with a swift pump up the the highs. This is a common theme in doge. This is why I buy the coin and do not buy long contracts.
Nice 300% profit!
DOGE/BTC potential bounce soonI am generally not one who likes to talk much about DOGE as it already gets far too much attention, but the current trend looks a bit interesting in my opinion.
From what I am seeing, there appears to have been a breakout of a forming wedge (orange dotted lines) at the end of May after an initial bounce off of the 61.8% Fibonacci retracement level (based on the the all-time high to the initial low back in April). The ratio now looks like it has been riding the trend line from the breakout downward but has yet to break below it, but now it looks to be approaching the 50% Fibonacci retracement level. Hence it looks like there is a possibility for a bounce to occur here, further validated by a bit of bullish reversal divergence as fairly clearly evident on MACD, but it is also on quite a few other oscillators as well, however I didn't want to clutter the chart.
It should be interesting to see what happens here in the next day or so as it looks like there are not many options left for the ratio to go as it is now approaching the apex of a descending wedge based on the downward trend since the most recent breakout (thin green line), so it looks like it should be interesting to see which way the ratio will head, whether it breaks support and heads downward or potentially heads upward to form a potentially long term wedge (white lines) potentially forming a longer-term bullish pennant.
And of course, this is not meant as financial advice and is only my opinion, but please like or comment if you agree or have any thoughts.
BTCSo, Some stop hunts, liquidity snatches, Elon tweet and China Fuds later BTC is still in uptrend. Target for next pushes probably 85k, 100k, 135k, then 180. After that i will be out of the market and just trading instead of investing. Ill then buy back my new coins in bear szn. My old holds like link eth btc xrp and other i will continue to sell high and buy more increasing my amount.
DOGE Long Trade 20210613Signals: Blue -> Green
Double Bottoms
ETH, ETHUSD , ETHUSDT , ETHUSDTP, ETHEREUM , CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.