Dogecoinanalysis
💥DOGEUSD LIKELY MOVE - PUMP TO $0.56 OR DIP TO $0.25Based on what we can see on the chart, we have a bullish pennant chart pattern in view. We also have price tested 3 credible support trendines and 2 resistance trendines.
Right now, we need a either a rejection on the trendline or a breakout to know the next move.
If price is unable to break the support trendline downward, we ride back to $0.56. But if price breaks this trendline downward, price will dip to $0.25.
Let's wait and see what happens.
What do you think?
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Dogecoin - 4h Chart - Long ScenarioLooking to take a long if price should move as drawn (green arrow)
1. Price goes above Resistance level (green line)
2. Buying on a retest of the green line
3. Wont close unless Trendline (orange) or green line get broken and a lower low created
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
Channel of Hope - DOGEWe are still within the upward trend and in the channel of hope.
Nearing the edge of the bottom, which has strong support.
I will not mention that we shall not pass the 0.30 range to confirm H&S neckline (chart may not say this now, but the short trend is as such). Instead the chart I see currently is upward with downward pressure from whales. It is quite apparent from today's movement that it was inspired, as every time such as this, the price equalizes and starts to slowly rise (retail buyers). The bears/shorts want the price lower. To some degree, I cannot complain because this means cheaper prices. Also, keep in mind most crypto is down today.
Today, I see a long position forming and I am publishing as such. Rise above 0.385, confirmation at .042 for trend and maintain above 0.45 to reach .56.
Remove emotion and stick to your investing strategy. Use the chart and logic to guide you. Set alerts and SL, and please remember to take profits.
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Please do your own research & DD as I am not your financial advisor.
Dogecoin, Doge - yesterday I said about it. (-15%)💰In yesterday's video, I told u that coin formed a good breakout pattern. Today price dropped by 15%. Congratulations to everyone who was with me. Now the best scenario will be to pull back to zone 0.36. But it doesn't mean that u must buy now. Wait for a new entry point.
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
Doggy to 1$ ?So Coinbase list + Kraken List today = More liquidity.
i'm not a fan of memes coins but as trader i like to buy the rumor and sell the news.
i don't know if my timeline will be correct on Doge because this coin is like a Pump and Dump coin with 0 Tech.
First u have to know for the story that one whale is controling 28% of total supplies in 1 single wallet corresponding to 12 Billions $+... could be Elon... could be someone else..in any of that cases if a Monster Whale like that drop his coins, you all know what will happen. TOTAL REKTTTTTTTTTTTT!
So i tell u my strategy with Doge ( i dont own a lot ) it's like 0.1% of my bags...
- When Doge Dip, i buy.
- i use a tablet with a Fake Twitter Account and i follow only Elon Musk.
- When Elon Musk have nothing to do and Tweet about Doge, my tablet "RING RING".
- Doge pumps, noobs buy.
- When it pumps 30-40% more, i sell my Doge.
- i wait for REKT again.
- When Doge Down i rebuy again and wait the next Tweet.
- Simple Loop Strategy.
i am 99% Sure that Elon play with that also, he uses his twitter to make more money, not fair but so easy for one guy with a lot of power like him..
SEC would fine him if tweets about stocks ( STONKS!)... so he plays with Doge more safe for his fiat wallet :D
U wanna follow what WHALES DO and not follow what u FEEL TO DO. We are nothing. Follow Bigs, use them and make money!
So if u wanna play with the Doggy...do it safely and wisely, take your profits, don't fall in love with any coin and invest what u can afford to lose.
Happy Tr4Ding !
DOGE/USDT is going long these days!Few days ago, DOGE/USDT has breaked the downtrend and started going long. We can profit from this uptrend in the short term before it breaks again.
Target 1 : 0.429 (Profit: +10%)
Target 2: 0.464 (Profit: +17%)
Stop-Loss: 0.348 (Loss: -9%)
Support: 0.35
Resistance Zone: 0.44-0.45
You can enter now (0.385 at the moment) or wait til it drops to 0.365
Chart: 4H