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Dogeusdtlong

DOGECOIN's perfect entry point?! Clear pattern 06.02.2023WOW! Very clear parallels highs and lows ascending tunnel pattern appears on chart. Buy entry around current rate 0.092 could be an easy ~10% catch to the peak of the tunnel at 0.107. Stop loss below the tunnel floor at around 0.0877 to be safe for false break could be a great immediate trade with much lower risk than potential reward. Good luck -------------------------------------------------------------------------------------- Always do your own research and practice caution when trading leveraged products! I appreciate any comment, question or interaction :) Thank you! --------------------------------------------------------------------------------------
Long
by Exactus
5
DOGEUSDTDogecoin has recently displayed some promising technical patterns, including breaking through the bearish corner pattern on the weekly time frame and forming a cup and handle pattern, as well as experiencing increased trading volume and earning a high ranking on the website coinglass.com. Furthermore, Elon Musk's continued support for the cryptocurrency has also been a notable factor. Based on these observations, it is believed that there may be a neutral trend currently at $0.09, followed by potential growth in the form of a rally or pump until reaching a specific point B.
Long
by robinhoood
3
DOGEUSDT bouncing off daily support. Likely to head higher.The price almost hit the daily support area. It will likely move upward now and pass through the above resistance in this go. Next resistance for this move up would be the monthly resistance range 0.1330-0.13790. Overall price direction is just depiction of a possible path how it might play out. But the idea of the direction is likely to be this. Anyway, the post will be updated after the first step to tap to weekly resistance has been achieved and a new direction and analysis will be provided.
Long
by angela_altair
3
Dogecoin On the Daily Chart (Price Analysis) Good day fellow traders! Here's my EYE on DOGECOIN on the daily chart. DOGE is holding strong to this descending trendline and could be at a critical area of resistance that might hold and Move DOGE back down to the downside. DOGE must break the .08840- .9003 LvL if it wants to continue on to the upside... If this LVL Holds as resistance DOGE will go back down and test the .08515 - .0840 LVL of Support. If this support does not hold, DOGE will go back down and test the .07447 - .08381 LVL. The FLipside of this would be DOGE heading up to test the .09910 - .10721 LVL. This is just my opinion of the possible outcomes of the Coin.
by owenNations
2
DOGE 2023 $we have a critical area to hold above the 0.065$, if we hold above that support we going to see huge bullish momentum till the breakout zone the 0.11$ if we break it we going to see another pump for 2 profit taking first around the 15 cent and the second around the 22 cent. on the other hand if we broke below our ascending line , we going to have double bottom first above the 0.50$, if we don't hold it is means we going to see a new low for this year above the 0.28 cent .
Long
by TRADING-JESUS
2
$Doge 🐶 Swing Idea [If/Then]Let's start with 1. The 🐘 elephant in the room. 1. Now, for a swing position on a daily timescales - this Bullish Divergence is golden. It's literally blaring off the charts like a fog horn through the muddy waters of technical analysis. Take note and build from this. We are 🐂 Bull biased. Now that the elephant has been addressed we can scope out confluence for entry points. Take a look at the GREEN BOX labeled 'Buy Strong Vol. Delta Cluster' - with this information we can be sure that the majority of volume is BULLISH, there is more weight in the buying power than the selling power. Now inversely, look at the RED BOX labeled 'Sell into Vol. Delta Cluster' - within this area there is strong selling pressure, we'll want to look at EXITING our position in this area with added confluence from the Fixed Ranged Volume Profile tool, RVWAP and the GOLDEN Fibonacci areas of resistence. I'll address this is section 3. 2. I forecast the Price Action range starting Nov. 9 to end on Nov. 25. Today's (Nov. 26) candles is required to close (IF) above 9c with CONVICTION, we can look for entry points at retest VALUE AREAS. If today's candles does close as required, we can be confident any pullbacks will work as a retest of volume VALUE AREAS. This is where it get's interesting. The confluence of the Weekly and Daily candles closes lays specifically on top of the VaH AND the PoC of the 16 BAR FIXED Volume Range - See horizontal Blue/Yellow bar drawn within the 16 bar range for reference. We can use these two points of confluence as ENTRY Targets. Now we have our confluence data for entries, we can look at where we should be taking profit. NO ONE ever goes broke by TAKING profit. 3. We want to EXIT is style. TP1 abbreviated as 'Take Profit 1' is lined in confluence from the inital breakdown from Nov. 7 AND the ORANGE DOTTED 'Rolling VWAP' which indicates RESISTANCE. This marks for an excellent take profit mark of 11c. Dollar averaging at about 25% again on our position, IF we were to take two entries at 9c and 8.5c combined. TP2 is where I would close the ENTIRE position and look at entering shorts... The confluence in the Fixed Ranged Volume Profile RED LINE - PoC and Fibonacci Sequences of 0.66 and 0.618 swing High/Low retracement values 16c-7c. ALSO, the DELTA VOLUME RED box of selling pressure from the previous HIGH range bound Price Action. ^^^ Many areas of confluence to close the entire position. --- Close WHOLE position and look for smaller gain SHORT opportunities which would require further Technical Analysis at the time for exit plans.
Long
by daveibo1ster