dogecoin shortWe are proud to say that the price movement of dogecoin moved as we predicted last week and hit the target. The price bounced back from lower support of $0.16 to $0.288. The weekend is here so a new trend is expected so let’s check the chart.
There will be high selling pressure on Bitcoin so the alts will tend to lose their value and doge will retest the down support around 0.21.
Dogecoinanalysis
Doge - Is Dogecoin going drop to this area?On the Dogecoin chart, we see that the price has come to the key level of $0.28 as I said in yesterday's idea!
Now the price has broken this level and made a false breakout, if the price can test the sell zone, it may be a good point to enter, and its target may be in the area marked below.
Take care of your money, set stop losses!
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 Hourly chart very BullishHere you can see on the Hourly chart we have continued to create Higher Highs as well as Higher Lows over the past 3 Days.
As we move through the morning into the afternoon we need to pay attention to the Pullbacks. If we happen to drop lower than the previous Higher Low (.21), then we may be in for a Reversal or Consolidation phase.
*Not Financial Advice
Dogecoin - Big chance for a pullback to 0.28 🤑🤑Update on Dogecoin!!!
Doge like other coins fell very hard, this coin fell more than 40%, the price broke through support levels of $0.21 and 0.17, then gathered liquidity below, we see this because the volume increased and the price quickly returned above these levels. Now the price has squeezed near the local trend line.
I think the price could move up into the value area, and I am now on the lookout for an entry opportunity.
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 watching the RSIHere is a 4hr chart showing the 20 MA (Blue) as well as the 100 MA (Pink) once these moving averages cross we will be in for a wild bullish ride.
But for now I am paying close attention to the RSI indicator, as you already know we've been on a Bearish trend since May 10th & I drew placed a Yellow line indicating the bear trend. The Pink box indicates the area that we need to pay close attention too, if we are able to cross over the Yellow line of resistance we will be right back in a Bull Trend.
If we hit the line of resistance we may also see a pullback to .24 which is a good thing in my opinion. Time to re-analyze the chart & pay attention for a solid Buying opportunity.
*Not Financial Advice
Wouldn't be surprised if #Doge hit .30 before moriningJust look how beautiful this 1 hr chart it. As you can see we are very much still in a strong Bullish trend as we've been riding this momentum all day long.
Indicated by the Bollinger Bands we've been riding above the middle band since June 22nd 9 o'clock pm Eastern time. What we will look for next is a consolidation phase around .27, or we could very well see a pullback too .24 which I believe to be our new floor.
If we continue this amazing bull run we may bounce off of .27 & head straight for .30 moving into the morning of Friday June 25th.
*Not Financial Advice
#Doge may reach .27If we have a pullback down to .2309 & cross that point we may consolidate in the .23 to .24 range. If we are able to stay above .2309 then we may very well reach .27 which is our top resistance zone.
If we're able to reach that I believer our new floor may be .24 moving forward but as we all know BTC needs to continue to stay afloat.
*NFA
#Doge may be on a Bullish run todayAs you see we are nearing the Apex of this wedge pattern, if we are able to break through & create a Higher High we may be on a bull run today.
The RSI indicates we just broke the bearish trending line, may see a slight retest with a bull push following suit.
If we happen to break the lower resistance we will fall into another bearish trend, only time will tell.
*NFA
Apex time for #DOGEAs you see I've identified the Trend pointing out the Higher Highs (HH) as well as the Higher Lows (HL) which indicates a bullish trend.
We are nearing the end of this wedge pattern & I went ahead and labeled the lower resistance, if we do break that zone we may see a Bearish Reversal. But if we are able to continue this bullish trend we may see .24 as we move closer to 6 am est.
*Not Financial Advice
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.
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
Has #Doge found it's floor? As you see here I am using the Daily Chart, j have labeled a line of resistance which I believe to be our floor! The first box indicates the bottom of the resistance at .15 & the next 2 boxes show the top of the resistance.
Now that we've touched the top, will we see a nice little push or will we consolidate here for the next 4+ hrs?
*NFA
Doge- it can soon break under 0.3Like a lot of the coins, also Doge is on a downtrend.
The recent rise in Bitcoin translated into sone anemics rallies for this coin which reinforce my bearish outlook.
I expect a break under 0.3 soon and 0.2 zone is my target.
Doge above 0.35 would negate this scenario
#DOGE to .33As you see here, this is a solid Buying Opportunity for a Swing Trade. We just touched the bottom band in the Bollinger Band Indicator, which as you see it leads too a bull push.
If we get a green engulfing candlestick, followed by another this may play out very well. Let's pay attention to when we hit the middle band because we may head back down to where we are now or continue moving towards .33!
*This is not Financial Advice, I am not a Financial Advisor.