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Dogecoinanalysis

DOGECOIN: A GOOD RALLY EXPECTED.This is a weekly chart on Dogecoin and so far, it looks good. With strong support at $0.06, dogecoin is good to go for a rally, all it needs to do is maintain this support level. If it fails then we may see dogecoin close to $0.035 or even lower. Also, this could be a sweet spot from where dogecoin can start its new rally. I know it is a bold statement but with EM, anything is possible. Reasons stating Doge is positive: 1. DOGE broke out of the triangle pattern and currently retesting. 2. DOGE is still above the $0.06 support level. 3. Mr. Musk. If you find this update useful then do like, share, and follow. I will highly appreciate it. Trade safely.
Long
by Dexter_The_Trader
2
DOGE - Buy HERE , Bullish Setup +70% TPHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 You might need some patience with this altcoin, but Dogecoin is approaching a strong support zone. The great thing about this DOGEUSDT trade, is that you can pre-set your orders, and still enjoy your Festive Season without worrying about the charts. This setup has a great risk-reward ratio (7.6) and it will be longing from a strong demand zone, which further improves the odds of a successful trade. REMEMBER that no trade is guaranteed, and this is the point of speculation - taking risks for potential rewards. Interested in Ethereum? Check out THIS idea 👀 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
32
Dogecoin Analyze (Short term, Timeframe 15min, 12/19/2022)!!!🐶Dogecoin moved as I expected ✅👇. Dogecoin is making a falling wedge pattern. After breaking the upper line of the falling wedge, we can expect Dogecoin to rise to the resistance zone. Dogecoin Analyze (DOGEUSDT) Timeframe 15min⏰ (Log Scale). Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
2
Dogecoin(DOGE/USDT) in a Decessive Phase! The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. However, the November push uplifted the price beyond these levels marking the revival of a firm bullish trend. Presently, the DOGE price, despite the bearish action, is trying to sustain at these levels and trigger a rebound. Meanwhile, the buying volume has dropped heavily due to which the fear of slicing down from the 200-day MA levels emerges. In that case, the DOGE price is expected to test the lower support zone between $0.05 to $0.056 and attempt a rebound. Conversely, if the token triggers a rebound from the current levels after a brief consolidation, then a notable jump towards the interim resistance at 50-day MA levels at $0.095 appears imminent. Collectively, the Dogecoin price appears to be extremely bearish and if Elon Musk steps down as the Twitter CEO, the token may be negatively impacted. The November surge was fueled by the speculations of Twitter adding DOGE to their payment methods. Therefore, the coming few days could be extremely pivotal for the DOGE price as immense volatility may be expected until the year end.
by Coinpedia-Market-Insight
DOGE Daily TA Cautiously BullishDOGEUSD daily guidance is cautiously bullish. Recommended ratio: 65% DOGE, 35% Cash . * CRITICAL RESISTANCE WATCH/PCE INDEX WATCH . All Risk-On assets are rallying off of "dovish" remarks made by Fed Chair Jerome Powell in his speech at the Brookings Institute earlier today . To condense it, he: reiterated the same narrative that inflation has a long way to go before coming down; expects October Core PCE to fall to 5% from 5.1%; said that decreases in rate hikes can start as soon as December; the terminal FFR for 2023 will likely be higher than projected in September's meeting (5%++); and that housing-services inflation should begin to fall in 2023. SBF was interview by Andrew Ross Sorkin who did a rather good job of asking hard questions, and to condense it, SBF denied fraudulent intentions and instead said: lawyers didn't want him to talk; it was failure of risk management; there wasn't enough oversight; he unknowingly comingled user funds; FTX US should be solvent and can process withdrawals immediately; regulations are BS; he takes prescribed "focus" drugs; he donated to both Liberals and Conservatives equally; VOX DM's were a mistake; and that he supports good journalism. Interestingly, he admitted that most journalists are Liberals, so whether he donated equally to both parties is up to debate; though most of his Conservative donations were "dark contributions" . The last Beige Book of 2022 was released today and to condense it: most (if not all) districts expect an economic slowdown in 2023 marked by slowing demand and a tightening labor market. November US Consumer Confidence reported yesterday (11/29) and came in at 100.2, lower than 102.2 in October; with inflation and interest rate hikes expected to continue weighing on markets in 2023. The second US Q3 GDP estimate was reported today and came in at 2.9% vs 2.6% in the first estimate, this is mainly due to upward revisions in consumer spending and non-residential fixed investments. In lighter news, Tim Cook gave Elon Musk a tour of Apple Headquarters and clarified that Apple had no intentions of removing Twitter from the App Store . Cryptos, US Equities, US Equity Futures, N100, NI225, HSI, CNYUSD, JPYUSD, GBPUSD, EURUSD, Metals, Natural Gas and Short-Term US Treasurys are up. DXY, VIX, Oil and Agriculture are down. Key Upcoming Dates: October PCE Index at 830am EST 12/01 ; November Employment Situation at 830am EST 12/02; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14. * Price is currently trending up at $0.106 as it tests $0.112 minor resistance. Volume finished today's session Moderate (high) and is on track to favor buyers for a third consecutive session if it can close tomorrow's session in the green. Parabolic SAR flips bearish at $0.079, this margin is bearish at the moment. RSI is currently trending down and testing the uptrend line from December 2021 at ~61 as support after peaking at 64; if it can bounce here it would imply that the uptrend is still intact. Stochastic remains bullish and is currently trending up at 99 as it approaches a retest of max top (it's currently trending in the 'bullish autobahn'). MACD remains bullish and is currently trending up at 0.0036, the next resistance is at 0.01. ADX is currently trending up at 30 as Price pushes higher, this is bullish at the moment. If Price is able to break above $0.112 minor resistance then it will likely aim to formally retest $0.162 resistance . However, if Price is rejected here, it will likely retest the 50MA at $0.087 as support . Mental Stop Loss: (one close below) $0.095 .
BITTREX:DOGEUSD
by dailytaguy
DOGE -Easy Trick, Targets with Moving Averages🎯Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 A quick look at Dogecoin after the mini rally. DOGE loves moving averages . The moving averages is always a strong indicator of where the price could land after a correction towards the upside - and we see just that. Resistance in the 3D timeframe from the 200d moving averages. My observation on DOGEUSDT will conclude that this was just a correction to the upside following BTC increasing. I'd be looking to take profits here. Interested in Bitcoin? Check out this idea on BTC, covering the fundamentals in the market at the moment: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
28
Dogecoin DOGE price will rise But don't expect fast & easy moneyToday we consider the DOGEUSDT price chart After Musk bought Twitter, he again took up the Dogecoin pumping. Probably wants to sell out profitably, because he did not sell all at the previous manipulations) He, "by all sorts of truths and lies", hints that Doge will soon be integrated into Twitter. We would like to warn you that in the coming months, even he will find it difficult to organize a pumping of the DOGEUSD price by hundreds of % upwards, as it was in previous years. After all, two powerful liquidity zones will be waiting for us above, in which people bought more than a year ago, because they hoped for continued growth, and the price fell and the deposit sank. Now, when the price will reach the orange and red liquidity zones, those who have been sitting in the drawdown for more than a year will sell their DOGE "by zero" just to get rid of this bondage. This is how human psychology works. But , if you are patient, you can try to buy Dogecoin in your long-term investment portfolio closer to $0.073-0.083 And then waiting, waiting, waiting...) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
19
$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