Sellers Trap Trade IDEABINANCE:DOGEUSDT
After Breakdown DOGE is sustaining and inviting more retailers to build short position.
we ca expect a good UP MOVE in DOGE in Few days.
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Thanks.
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Dogecoinanalysis
DOGEUSDTFolks don't short please until this support got broke to the downside but for your my long position which is opened from 0.74$ which is still open i didn't closed yet because i believe on my own analysis because of a lot pump ahead in DOGE
my targets for long-term are 0.11, 0.13 and 0.26 and 0.32 cents
The impact of changing the Twitter logo to Dogecoin 🕊➡️🐕Twitter changed its iconic blue bird logo on Monday to mimic the logo of a Dogecoin(DOGE).🕊➡️🐕
Now let's see how much this change in the chart can affect❗️❓
If we want to look for classic patterns in the chart, yesterday, Dogecoin was able to break the upper line of the Falling Wedge with the green candle that was the result of the logo change. But the wedge pattern is not a standard falling wedge pattern, and at the same time, a 🔴resistance zone($0.1134-$0.1020)🔴 in the daily time frame is located exactly above it. This does not mean that it has no effect and is even expected to break the resistance zone upwards.
Now, if we look at the chart from the theory of Elliott waves, it seems that Dogecoin is completing the X wave with the Expanding Flat(3-3-5) corrective structure, which is one of the most common corrective structures. Microwave C of main wave X can finish at the 🔴resistance zone($0.1134-$0.1020)🔴 or even slightly above it(maybe bull trap), which I have marked for you in the chart.
❗️ Note ❗️: If Dogecoin can break the resistance zone with a large green candle with high volume, it is expected that Dogecoin will grow up to the 🔴heavy resistance zone($0.178-$0.1580)🔴 (about 40%), which, of course, does not affect the wave count.
Dogecoin Analyze ( DOGEUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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DOGE/USDTSPOT BUY PLAY :
DOGE/USDT
BUY one part @ CMP (current market price) & add on every 5-8% dip total in 3 parts.
1st - CMP (current market price) (now)
2nd - 5-8% dip of cmp
3rd - 5-8% dip of 2nd buying price
STOP LOSS = 20% below of your average buying price.
TAKE PROFITS ARE mentioned in the chart itself DYOR.
Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
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DOGEIt's time! Only 19 days until 4/20! Historically, 4/20, and the month of April more generally, is a magic month for Dogecoin. I wonder what's in store for this year...
In terms of the technicals, Dogecoin has its range from .75 highs to .05 lows that has a mid of .40, which implies that if it can achieve a 50% retracement with respect to its all time highs and cyclical lows (USD) then it will be surprise surprise in the neighborhood of .420! If it pulls off 5x from here to 4/20 you can thank me later :)
The thesis is simple: so long as above its .05 lows I believe it's sending towards .420...
And remember, .05/.06 is where all the magic started in April 2021...
Also, Doge/BTC seemingly inflecting from cyclical lows. More Doge/BTC analysis on Doge/BTC chart...
DOGECOIN | 1$ is Programmed..!!
#DOGE (Analysis)
Dogecoin has been Consolidating in Descending Channel Since May 2021 (TOP)
Seems like Correction phase is Completed & Getting Very Close to Massive BREAKOUT, It's time to FLY.
But Bulls need to Break the Descending Trendline Resistance to Confirm the Breakout.
As Resistance getting Weaker & Volume has been Coming in, Expecting Breakout soon.
In Case of Breakout, Expecting Massive Bullish Rally like 2021.
Dogecoin Will hit 1$, It's only a Matter of time ⏰
Grab Some with Low Risk & Hold with Patience, Holders will be Rewarded.
What is Dogecoin?
Dogecoin is a decentralized cryptocurrency created in 2013 based on a popular internet meme.
It has a fun and lighthearted approach to the digital asset space and has been used for charitable causes.
Despite its humble origins, Dogecoin has grown in value and remains popular among investors and enthusiasts.
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Doge | 4h Big Breakout short term | Want Perfect Entry?🙌🔥Doge | Big Breakout short term | Want Perfect Entry?
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DOGECOIN Doge price is approaching "a prudent buying zone"The DOGEUSDT price is in a wide buying zone of $0.057-0.073.
If you believe in the Dogecoin project, or at least believe that Musk will be able to pump up the price of DOGEUSD again, then this is the right buying zone for you)
It is wise to place buy orders by "a grid" in this zone to end up with a "tasty" average price of DOGE in a medium or long-term investment portfolio.
If and when the long-awaited alt-season begins on the crypto market, the medium-term target of $0.16 and the long-term target of $0.33 for the DOGE price look more than realistic.
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Doge | Buying Zone Dogeusdt
0.070 has been considered a huge support for a long time.
At this time, if we see buyers' interest on this support again, then Doge can definitely give 100% Bullish Move from here.
I am expecting buying activity from 0.070 which will comfortably push the Doge price to the next resistance.
Remember: Anything can happen in Crypto Market, always do your own research for trade, if you are satisfied with our work then join.
Dogecoin Consolidates With Rising Volumes, DOGE Adds 26%Past Performance of Dogecoin
Dogecoin remains under pressure. Even though it is up roughly 10% in the last trading week, it remains within a bear formation with caps at $0.078. The good news is that DOGE prices are above the middle BB and steady above $0.070. Still, for the uptrend to take shape, there must be a conclusive high volume close above $0.078 in the days ahead.
Dogecoin Technical Analysis
DOGE is up 26% from March lows, but prices are moving horizontally with limits at $0.078 and $0.070, respectively. The coin remains within a bear formation unless bulls break above $0.078 with expanding volumes. The only positive in the current formation is that the leg up is with expanding volumes, increasing the probability of a bullish breakout. In that case, the bear breakout of March 3 will be invalid, allowing traders to ride the emerging trend targeting $0.090. Any dump below $0.070 with such rapidity will likely cancel this bullish preview.
What to Expect From DOGE?
DOGE remains in a consolidation though volumes are relatively higher. Though prices are also higher, the failure of bulls to push above $0.078 could suggest weakness. Still, it is until there is a clear trend definition above or below the current consolidation that traders can open positions, riding the trend.
Resistance level to watch out for: $0.078
Support level to watch out for: $0.070
Disclaimer: Opinions expressed are not investment advice. Do your research.
Dogecoin DOGE Price targets if SEC will ban Crypto StakingCoinbase CEO says he heard rumors the SEC wants to ban crypto staking.
Already crypto exchange Kraken shuts down crypto-staking.
This will have ripple effects in the entire industry!
My price targets for Dogecoin DOGE are:
DOGE/USDT short
Entry Range: $0.080 - $0.085
Take Profit 1: $0.074
Take Profit 2: $0.069
Take Profit 3: $0.066
Stop Loss: $0.0.097
Dogecoin DOGE Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Dogecoin DOGE are:
DOGE/USDT short
Entry Range: $0.085 - $0.092
Take Profit 1: $0.080
Take Profit 2: $0.073
Take Profit 3: $0.066
Stop Loss: $0.0.107
DOGE Dogecoin Retracement PredictionAfter the previews price target was perfectly reached here:
Now looking at the chart, i believe DOGE is about to test the $0.67 support once again.
I am not extremely bearish on Dogecoin, because i think ultimately Elon Musk will find an utility for it on Twitter.
Although now Elon is more into AI than crypto.
Looking forward to read your opinion about it.
A possible Scenario after the breakout.Good day traders. We have this descending trendline that we have not broken out since five weeks. If we breakout we have multiple levels of TP, starting from the 0.92 level.
I would suggest waiting for the breakout to be confirmed by a 4h candle stick closing.
And always follow your own plan.