Dogecoinanalysis
DOGE Sell a triangle break.DOGEUSD - Intraday - We look to Sell a break of 0.2248 (stop at 0.2333)
Trades with a bearish descending triangle formation.
The bias is to break to the downside.
A bullish reverse Head and Shoulders has formed.
The previous swing low is located at 0.2260.
A break of 0.2250 is needed to confirm follow through negative momentum.
Daily pivot is at 0.2260.
Price action is forming a bearish flag which has a bias to break to the downside.
Our profit targets will be 0.2001 and 0.1948
Resistance: 0.2400 / 0.2530 / 0.2600
Support: 0.2300 / 0.2150 / 0.2000
How DOGE likes to pump DOGEUSDIdea for DOGE includes a few wedge patterns mostly falling
Each breakout of these patterns has led to massive rises in price
I expect a large pump through 1.618 after this current period of consolidation (falling wedge)
~500% or more
Doge Testing the Lower ResistanceAs you see here on the 30 min chart we are currently headed towards the .241 trending zone. What we will be looking for is if we are able to bounce off the resistance heading back towards the top of the wedge. If we do so we should hit the top trending zone which would lead to a retest of the wedge, depending what ensues we may break above .26 moving into the morning.
If we fall below the trending zone (.241) we may hit .229 followed by a retest, this would be a very bearish sign moving into the morning.
If you take a look at the RSI you see we have been in a wedge pattern since June 29th. This is a big time for Doge moving closer to the weekend as we usually have slow moving weekends.
*Not Financial Advice
DOGE Optimal Buying Opportunity - ST After the HH, HL we almost broke the Bullish trend by breaking the Higher Low but we've hit a strong resistance here to stay in the Uptrend. I have identified the higher & lower resistance bands in this Uptrend, as you see we just reached the lower resistance which means we should see a solid push towards .30+ aswemove into next week.
If we break through the lower resistance we may fall out of this Uptrend creating a sideways consolidation leaving up to the weekend keeping us around the .23 & above. I'll be playing swing trade here which I'll publish shortly after I post this.
*Not Financial Advice
Dogecoin broke through this triangle, the price can go here ..😮The Doge has formed a triangle in the last few days, now it is broken through, and if the price tests the upper boundary as support, it could be a good time to buy, and most likely, the price can go higher to the marked area.
Write in the comments all your questions and instrument 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 too .32? 6.29.21 1724Here is the 30 min chart, I've labeled the Higher High (HH) as well as the Higher Low (HL) now we seem to be moving in a nice Uptrend over the past few days.
What we need to look for next is to be able to continue this consolidation were in followed by a nice bull run towards .32 as we move closer to the end of the week. If we get a pullback towards the lower trending line, as long as we don't break below then we're still in the Uptrend.
If we do break the lower trending line then we may have a Bearish reversal happening as we near the weekend. I am feeling very Bullish as the Crypto adoption has begun to pick up around the world.
*Not Financial Advice
DOGE Buy the uptrend.DOGEUSDT - Intraday - We look to Buy at 0.2512 (stop at 0.2388)
20 4hour EMA is at 0.2500.
50 4hour EMA is at 0.2520.
Trend line support is located at 0.2500.
We look to buy dips.
Pivot resistance is at 0.2900.
Offers ample risk/reward to buy at the market.
Our profit targets will be 0.2871 and 0.2931
Resistance: 0.2600 / 0.2700 / 0.2900
Support: 0.2500 / 0.2400 / 0.2300
DOGE - The Dogs Are Barking For A Bull Run Analysis:
- Support & Resistance
- Trendline Analysis
- Supply & Demand
- Liquidity Point Analysis
- Fibonacci Retracement Analysis
Demand Zone: $0.888 - $0.1552
Liquidity Levels: $0.4450 / $0.5930 / $0.7390
Opinion:
Coming into July Doge will commence a bull run
I am expecting good news will be released in the next few weeks regarding Doge
We might get a retest into the Demand Zone before lift off so do not freak out
The liquidity levels are where the market will reach for liquidity in the form of stop losses aka liquidation
With this next bull run we should reach into the $1 range finally
The upcoming weeks should be very interesting and not just for DOGE :)
Doge finally falls in line with other crypto after Elon.I am not a legal financial advisor or consultant, everything shown here is strictly for learning purposes and is of my own opinion. Please do your own research and due diligence and never take any one persons words as 100% truth. Elon, wtf man. Elon is a walking talking market manipulating machine, but please SEC, continue to investigate WSB. Anyways after Elon screwed Doge's sector rotation, an amazing feat to be sure. Doge has finally fallen in line with other crypto. I still pull small gains from doge when I can but just like BTC, doge has lost a lot off the top and there is still good downside risk to it. Just be careful ok, volatility in crypto is off the charts.
#Doge Dragon ?Created a nice Bull Pennant on the 15 min chart, may see a nice push through the .251 resistance! If we are able to do so, we may pass straight through it followed by a slight pullback creating a Higher Low, then see another Bull push which would create a Higher High.
Still a chance to have a pullback too .244 from this wedge pattern, I will keep you posted.
Exciting time for the Doge Community.
*Not Financial Advice
#Doge ready for the week aheadStarting from the left you see we were on a Bearish trend riding in the wedge pattern, then we gained momentum & broke out in a Bullish push.
We currently hit .251 with a slight pullback, what we need to keep an eye on is how we play off the Moving Average (Blue line). If we fall below the MA we may hit .244 then get another push towards .251 since we are in a Bullish trend.
If you take a look at the RSI you can see spot the Bullish trend, which we just broke through the top which is a strong indicator we will see the pullback too .244 which may turn into our first Low of the new Bullish trend.
Once we hit .244, if we begin pushing up towards the .251 resistance don't be surprised if we push straight through that resistance which would create a Higher High.
*Not Financial Advice
#Doge breaking through the Bearish resistanceAs you see here, we just broke through the top resistance line in this Bearish trend, we just completed a Retest ( ie. break a resistance line, followed by a pullback) now you see we are headed towards .247
Let's see what unfolds as we reach the .247 price, with that we could very well hit that resistance & consolidate. Or we could shoot through it, Retest it then get on a Bullish run.
*Not Financial Advice
#Doge Reversal?Here I have drawn out the Bearish trend indicated by the Lower Highs & the Lower Lows.
We currently have a slight push moving back upwards but this does not mean we are in the clear yet. We still have a strong possibility to drop too .225 & continue this Bearish trend.
We could see a push out of this trend & hit the .247 resistance followed by a retest too .236, what follows that will be a strong indicator of where we are headed next.
If we get a retest & continue to fall too .225 then we are still Bearish, but if we are able to retest & move too .25 we may be in a Bullish trend moving through the night. Which would be a solid indication of a Buying opportunity for a Swing Trade.
*Not Financial Advice