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Dogecoinanalysis

DOGE Dogecoin: Concerning DownsideHello friends, today I am completing a technical analysis on the 1D linear scale chart for Dogecoin ( DOGEUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators. #CryptoPickk notes the following: 1) Dogecoin price had an all time high in May 2021 and since that point, the price has only came down. 2) Recently due to the #cryptocrash, the price dropped significantly breaking a multi-month bottom trendline (in yellow color). 3) What's the concerning issue is the price came back up and re-tested the bottom trendline and since that point, Dogecoin price started falling. This is outlined by the white color path arrow. 4) Using the Fibonacci Retracement tool, the price has the potential to test the 0.786 level before moving back up. This would be a 65-70% drop from current price levels. 5) The Volume Profile (VPVR) is very heavy in that area (0.786 Fib level) as well. 6) The Volume is low. I am using a Bittrex Exchange chart but I checked Coinbase and Kraken and it is low there. 7) The RSI (relative strength index) and Stochastic RSI (Stoch RSI) are in the oversold area. Since both are oversold, the price may consolidate or go up short-term, but price has potential to drop significantly further. Stay a bit cautious as the economy and markets are fragile right now. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITTREX:DOGEUSD
by MillionaireEconomics
3
DOGE short-term bullish and bearish scenariosHello 😄😃 This is not financial advice, rather just some TA as I enjoy analyzing the market. If dogecoin🐶 continues up this trendline I see 💲0.20 in near future. If we fall below trend-line and get rejected I see: 💲 0.15, 💲0.13, 💲0.12 being good buy zones. In my opinion BTC has bottomed (see chart linked below-BTC-for more info.) Elon sold 10 percent of his stocks in Tesla back in November🍁, I wonder if he will get some Doge 😵 🤔💬💭 Watch stocks come open on Monday to better determine bear or bull market continuation. Thank you so much 😁 If you wish to follow chart📈, feel free to do so, my analysis is always free🆗🧐. 🌝 Jazerbay
by jazerbay
8
DOGE Buying Opportunity If Dump HappensDon`t Miss The Opportunity If BTC DUMP. DOGE will also Dump Asusual. These Blue Line Areas Are Good Chances to Fill Full Bags of DOGE !!!! If This Happens After That Up Movement Will Start ! Then No More Dip. My personal Buying Will Be at 0.1688 with full bag. If If If Dip Happens To This Level :) Tps Will be: 0.388 0.448 0.50 0.60 0.60 will be so Important Level ! If Doge Holds & Break This Level Very Well, Then Super Bullish ! Then 0.71 Will Be Next Important level I am still sure 0.88/0.96 Maximum 1/1.10 Disclaimer: This is not Financial Advice, Its Just Personal Ideas & Analysis.
Long
by qasim5405
DOGE is trying to break the long downtrendHi my friends **************** The downward trend of the Dodge coin after a long time in which it can end. To do this, the downtrend line must first be broken. And then we will see that the cows will take over the market power The risk-to-risk ratio is excellent, and I follow the Dodge trend closely Appropriate entry points and goals and stops according to the chart ********************************************************************************************* If you like this idea, thank you for liking and commenting ********************************************************************** Be rich and generous *************************
Long
by EhsanMalekII
Dogecoin ready for fly?! YesDogecoin has been sideway for long time. After afew month I think its time for this coin to grow considerably if it can break the two resistance ahead. So, you can go long according to the analysis in the chart. Be carefull about the oscillation of the BTC, in which it may decrease after short growing till 60K-64K, otherwise there is no need to worry. Drop like and follow me for amazing analysis. Do not forget money managment. Goodluck with your trade.
Long
by Price_Action_Naser
6