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Dogecoinanalysis

Doge dropped 64% after signal - now 87% pump incoming? 🚀🚀DOGE dumped 64% (purple price range) after the bear Supertrend Ninja - Clean signals (red vertical line on the background). Now there is a bull signal (green vertical line on the background) indicating a possible bull run to around to 0.13 USD (0.618) or 0.115 USD (0.5) forming Leg A. Which is about 87 (orange price range) possible gain. DOGE is still below the the Ichimoku Cloud , which is considered bearish . Currently it is trying to break a resistance area at 0.07 USD. The RSI is still in a range/ slightly bullish at 49. RSI Brown at 59. If we take a look at the Average Directional Index ( ADX DI) its starting to look bullish. Currently DOGE is above its Basis Bollinger Band, Band Basis 20 Period SMA . And above the LSMA as well. In short, DOGE is still in a range on the 2Day chart. Although I see more bullish than bearish elements. Since DOGE price and the RSI are still forming a higher low. I do see an Ascending Triangle (highlighted with two black lines. Which is a bullish sign as well. Let the GAINS begin !! Remember to always take profits and use proper risk management! Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Like To Use: I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Long
by Kch28
1
Dogecoin Forms a Double Bottom at $0.06, DOGE adds 6%Past Performance of Dogecoin DOGE prices are firm when writing, riding the crypto bullish tide. Even though it is still in red week to date, the coin is up six percent on the last trading day. The critical support lies at around $0.06. Currently, bulls are beginning to establish themselves, reversing losses of the first half of this week. #Dogecoin Technical Analysis Overall, sellers are in command from a top-down preview as long as prices are below $0.075. However, in the short term, aggressive traders can ride the shift in momentum by loading the dips in sync with the gains registered on July 27. Provided prices are in a tight range above $0.06, traders might find entries to load, especially if there are more gains unwinding losses of July 26 at $0.068. In that case, DOGE may easily float to $0.075 in a retest of the primary resistance level. Conversely, if sellers absorb the bullish momentum triggered on July 27, forcing prices below the double bottom at $0.06, DOGE would likely dump to $0.05 in a bear trend continuation formation. What to Expect from #DOGE? Traders are upbeat, but there must be confirmation of July 27 gains for a clear trend definition. If buyers succeed, DOGE would print reliable support at $0.06 and possibly rise towards $0.075. R esistance level to watch out for: $0.075 Support level to watch out for: $0.06 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
DOGEUSD: Elliott Waves Intraday TradingRocket with DOGE COIN logo temporarily broke) I have closed the old long position yesterday with a good profit, before the decline. Edited my trading plan, and started gaining volume for the long position waiting for the completion of the correction within wave Y of wave 4. All in all, some wave X is likely to be formed locally and it might end up on the boundary of the past trend line. In the alternative scenario, the sluggish dynamics will continue and the current wave 4 structure may take on a triangle pattern. Will the DOGE give a 40% gain, do you think?) Best Regards, CEO Tornado Capital
Long
by HurricaneCapital
DOGE|USDT - Will Twitter row sink price to $0.05?Dogecoin could remain stuck in a range for some time. The long wick on DOGE’s price last week shows that the bears are selling on minor rallies. The DOGE/USD pair gave up a large part of its gains and closed flat at $0.06. The bears will attempt to build upon this advantage and sink the price below $0.06.The downsloping moving averages and the relative strength index (RSI) in the negative zone indicate that the bears are in control. If the price slips below $0.06, the pair could slide to the psychological support at $0.05.This negative view could invalidate if the price turns up and breaks above $0.08. Such a move could open the doors for a possible rally to the 20-week exponential moving average (EMA). This level could again attract strong selling by the bears.
Short
by AndreKlynsmith
DOGEUSDT 3D Dogecoin price tries to find the bottomFor your attention, the DOGEUSDT chart trading pair on a 3-day time frame. The downward trend at the DOGEUSD price has been going on for more than 14 months and speculative interest in this manipulative coin has most likely disappeared in many. But on the other hand, there are probably many investors who are stuck in this coin and the deposit is now in a slump Most likely, this idea is primarily for them. More than a month, the DOGE price consolidating in the liquidity zone of $0,04-0,08. It was in this liquid zone at the beginning of 2021 the DOGEUSDT price consolidated before the final pump by 1400% in 2021. Currently, we do not believe that such a powerful pump will be organized in the near future. However, at the moment, a "Double bottom" reversal pattern is forming, just like at the beginning of 2021. The first strong resistance level from above is $0,08, the next is $0,1 The negative scenario will activate if the sellers manage to fix the price below $0,04, then a continuation of the strong fall in the Dogecoin price is possible _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
15
DOGEUSDT: LOCAL WAVES COUNTHi all. Decided to share a trading plan for DOGEUSDT. Actually, I expect that the market structure will complete the corrective formation in the form of a 3-wave pattern and the price will begin a quick recovery. With an average price of a formed long position of 0.057, you can get an excellent ratio of possible risk to profit - 1:5. In the case of strong rally, the coefficient can grow up to 1:15. The driver can be the recovery of the price of bitcoin( my trading plan for BTC at now ) , as well as any public information from Elon Musk regarding DOGECOIN :) Best Regards, CEO Tornado Capital
Long
by HurricaneCapital
4