DOGE BRIEF TA - WYCKOFF ANALYTIC
TA Considerations Doge
Markup - Automatic Rally (AR)
Favorable reward/risk ratio existing.
Critical capitulation areas are tested and in tandem with BTC.
Trend leads -1%+ of BTC.
Testing .28c garners considerable accumulation(AR).
A comfortable area for shorts and broadening.
Price action is tightening for reversal.
Long - Expecting a secondary test(ST).
Conclusions/b]
Volume appearances by actors and small percentile of retail.
Stubborn/docile longs and shorts.
Shorts are in trouble.
Out of previous preliminary support(PS) of phase A.
BTC for the time period near death cross has had remarkable amounts of BULL volume.
DOGEBTC
DOGE - Consolidating (As you asked)Doge is consolidating in a large range.
It looks like a bullish market for now. That's why I'm putting a long setup for this coin.
Indicators show supports and now that BItcoin has pumped it might help this market too.
Open your long positions right after the first 4H confirmation above the resistance area.
and the aim for those two TP areas shown on chart.
Current Market Price: $0.332
Good Luck
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Doggy to 1$ ?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: DOWNTREND WITH BEARISH FLAG PATTERN -SHORT SETUP ⭐️Welcome back Traders, Investors, and Community!
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Dogecoin price rolls past $0.4 as trading debuts on Coinbase ProDogecoin has since mid-this week spiked incredibly, allowing bulls to regain some of the ground lost in May's massive cryptocurrency crash. Dogecoin dropped to $0.21 before making a brief recovery, stepping above $0.4. However, it retreated and remained relatively consolidated between $0.28 and $0.35.
Coinbase Pro adding support for trading DOGE was a breath of fresh air to the popular meme coin. Investors welcomed the move with open arms, interpreting the event as validation of legitimacy. Moreover, some investors believe that Dogecoin could start being accepted as payment on many platforms, encouraging mainstream adoption.
Investors started depositing DOGE to Coinbase Pro addresses on June 1, but trading will commence on June 3 to allow for liquidity building. Several crypto and fiat pairs are available for buying and selling the meme coin.
Dogecoin settles above key technical levels
Following the upswing triggered by the listing news, Dogecoin extended the bullish leg significantly above $0.3. The 100 Simple Moving Average (SMA) and the 50 SMA hurdles have been overcome, allowing the up leg to stretch past $0.4.
At the time of writing, DOGE trades at $0.42 while embracing the 50 SMA as immediate support. The Moving Average Convergence Divergence (MACD) shows that the trend is in the bulls' hands. With the MACD swinging into the positive region and widening the divergence from the signal line, Dogecoin is bound to soar past the immediate hurdle at $0.45 and perhaps set the pace for gains eyeing $0.6.
Dogecoin intraday levels
Spot rate: $0.42
Trend: Bullish
Volatility: Low
Support: $the 50 SMA and $0.35
Resistance: $0.45 and $0.6
DOGE - Looks bullishDoge is bullish right now. Just like ADA, 1INCH, ETH and too many other coins.
It has formed Bull Flag as you can see on the 4H chart and it's fighting resistance right now.
The Buy volume is high on all platforms for this coin and there are 2 support areas holding the price up as shown on chart.
There might be some corrections or consolidations but I'm positive that the price is going to pump soon.
This is a trade setup for people with long positions: You can open your long positions after the price crossed the resistance area and closed a 4H candle above that line. This is the safest strategy. There are 3 TPs shown on chart.
Current Market Price: $0.4260
Good Luck
Tell me your ideas. Like and Share
#DOGE, 20% on the daily... #DOGE
New 12H Buy signal by the UCTS indicator (1st since April that lead to a 10x)
Pushed above ~1k sats on increasing Vol based on the Coinbase listing news
~20% on the current market status is quite good tbh
Anyway, willing to let it run & see if it can go for the ATH
$DOGE
DogeBTC bullish PennantHey all,
DogeBtC now is situated into a bullish pennant which can lead Doge for a massive breakout.This is a powerfull continuation pattern.You can entry on this trade ONLY after a succesfully breakout from this channel and a succesfully RETEST of the upper line.
The possible target is 1180 sats and 1600
Personally i will not enter in this trade because in my opinion Doge it s too overvalued and the BTC dominance when will increase doge will plummet hard
After a succesfully breakout i will short this coin ,keep your eyes on this coin.
If the breakout and retest will happen ,this coin will take the first target
Tehnically:
-The pennant is a bullish pattern
-Macd sell volume slowing down which is a bull signal
-stochastic bullish
-rsi situated into a falling wedge which is bullish
Bear signal
-BTCUSD Long positions it s too high(check my previous TA on BTC)
-BTC dominance RsI on weekly too low
Personal strategy:I m waiting the breakout and after i will short doge