Dogecoinanalysis
Doge EYEING 0.36 USD???Might be a little bit too early to tell because the setup is not complete in my eyes in the HTFs except the daily.
Why am I saying this??
On the monthly TF, we can see that price has been forming lower lows, clearing SSL the past few months. From that, yes we can time our buys as the market rebalances or retraces into the monthly OB. But for those planning on holding their coins, this way might not be ideal for them. All I'm trying to say is, how long is this buy going play out? Is it the one we can use to see price form higher highs, after months of plummeting??
Well I'd like to see this few scenarios unfold first, to be more confident about it.
1. For now on the Monthly TF, I expect to see price move into the monthly OB or even the resistance area, around 0.19194000 and then retrace.
2. On the Weekly TF, I want to see price purge through the previous swing high, that is where I believe the buy stops are residing or buyside liquidity.
3. After clearing the weekly swing high or BSL, i want to see price then retrace back prior or after entering the OB at 0.26597000 .
After all of this has occurred, I will then expect future higher prices clearing previous highs.
Please feel free to correct where I am wrong, I'm still learning..
Ohh, the reason I said that the daily is showing a change in the market structure is because we can see that there is a break of the market structure that occured days ago when price purged through a previous swing high retrace then moved up..
$DOGEUSDT Will exit from range very soon and go Parabolic!As we can see, extended period of consolidation within price ranges of PTs .16-.35
Currently, price is trading close to the bottom part of the range, which is a great time to buy and accumulate.
Expecting a major Parabolic movement upwards to PT 49-69 for the Hype phase of $DOGEUSDT, which usually occurs during the Spring months...
The Support level PT .16 towards the top part of range of PT .35 moving higher towards the 1st target (mirror level) local resistance of PT .45
3 Targets:
1st Target- PT .45 is mirror level which price touched both range and local resistance
2nd Target- PT .59 is last pullback (correction) in bearish crypto market after reaching ATH
3rd Target- PT .74 is the latter All-Time High...
DOGE, time for a bounce?if we refer back to previous bottom level..
we can see DOGE quite like to bounce from 0.16 level.. ( approximate , plus minus) + with MACD crossed.
June , July , Dec (0.160)
Sep ( bounce from 0.20)
overall structure is still bearish , TBH.
seeing potential bounce on upcoming days.
rebound fail if price goes below 0.160
DYODD
I think Dogecoin will fall to around $0.10 before the next run.There is no doubt in my mind that Dogecoin has the potential to go well above $1 due to its massive following amongst followers of the coin as well as Elon Musk supporting it.
One reason I think Dogecoin will go down to around $0.10 is because of its previous support level. Usually price will test major support levels before extending to new price discovery.
Another reason I think Dogecoin and most crypto will fall is for end of year sell-offs. The wash-sale rule doesn’t apply to crypto yet and this makes it attractive to those in a losing position to close it before the years end to get some of that money back on their taxes; then just hop back in the trade early January. Usually with stocks you can’t enter the same position for 30 days which prevents a wash-sale.
So I fully believe the end of this year will give us low prices on all of crypto. I am really focused on how the monthly candle closes on Dogecoin to see where I will enter back at. But for now, I am eyeing $0.10-$0.12 in the weeks to come.
Doge Warning/Last support $0.16This is the last strong support for dogecoin before the next dip
This scenario is valid only when 0.16 support is broken otherwise this is a opportunity
If dogecoin break $0.16 at any time the next target will be 0.08 it means -%50
We can't say anything yet because we have to see what will happen
Sometimes in life things don't need to make sense Doge to $1.35?Just an idea, at this point this coin has utility and fees are extremely low compared to ETH somewhat making this a interesting opportunity. Regardless of if things make sense or not, if you think Bitcoin will go to $200-300k then every other coin will follow it its just how the market goes. If there is another run that peaks in may around 100k or 150k then I don't see why Doge doesn't surpass its ATH and hits 1.35, its all dependent on BTC. NOT FINANCIAL ADVICE, I like turtles.
doge has created falling wedgeHello Trading view community
as we can see on the chart doge has created falling wedge
so don't panic & don't have rush to sell, i think it will breakout from triangle very soon,
in fact according to my knowledge it have to breakout the triangle ,there is no other way
but in this particular case (cause all market is bearish) we must btc consider btc sudden fall too.
wish all of you a profitable trade
DOGE Is ready to take off BINANCE:DOGEUSDT
Since top in May this Fib is still relevant
We once again touch green line, fundamental price, every time when we touch or going under this line its a best time to buy coin
Last time in July we made a pump 117% when we bounced from fundamental price line
We several times got reject on downtrend line FIB so it means in next upside move we can see the break out with retest above.
Elon Musk yesterday post I think preparing us to big potential speculative move in DOGE price soon, so whales who accumulate Doge coins more than 177 days at the bottom can take a profits around 0.43/ 0.60 and 1.11$ price targets.
Follow the smart money.
on RSI Doge lay down at the bottom and on mood on the market we are in blue zone so every time this signal Show to us the best enter price for alt coin.
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Doge play it smart!- i am so tired to see Elon Musk playing with Doge retailers, what you have to know is Elon not Hodl BTC at all, he just hold 0.1 BTC offered by one of his friend, he doesn't want BTC simply because he cannot control it.
- So he turned his business on Doge because he just wants to control 51% of the market, like a company, if u have 51%, you are the boss.
- Elon's "calls" on Twitter have a name in Wall Street, it called : "insider Trading" and it's normally heavily punished by the law.
- Don't think because this guy is the richest on the planet means he's a good person, that would blind your eyes, he just wants more and more, like Romans and Napoleon did.
- Just look how Doge acted in this Bullmarket and you will understand everything, People's are loosing faith in Musk, he's now considered as a "Clown".
- So Play Doge as a TRADER ! and you won't Rekt!, Wait for "The Clown" Calls on Twitter and buy. Make your profits and Sell, then wait again.
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Trading Plan
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- Buy : 0.15 ish ( DONT BUY NOW )
- Buy : 0.25 ish ( BUY ONLY IF DOGE PASS 0.25 )
- TP : 0.35-0.37 ( BIG ICHIMOKU RESISTANCE )
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Happy Tr4Ding !
$DOGEUSDT #DOGE #DOGECOIN PT 49-69 and higher 💫💕🕊️Dogecoin Price & Market Data
Dogecoin price today is $0.182168 with a 24-hour trading volume of $6,015,015,111. DOGE price is up 15.8% in the last 24 hours. It has a circulating supply of 130 Billion DOGE coins and a total supply of ∞. If you are looking to buy or sell Dogecoin, Binance is currently the most active exchange.
Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo.
The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.
The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
Dogecoin in 2021
Fast forward today in 2021, Dogecoin has grown so much and have gathered the mainstream attention. It has become a meme that is used by the likes of Tesla billionaire, Elon Musk and even more so spunned off even more meme coins into the market.
On May 8th, 2021 the cryptocurrency recorded an all-time-high market cap of nearly $90 billion and trading at a price of $0.70 per DOGE. That is nearly +141,000% increase since its inception in 2013.
Dogecoin followers have always been asking if Dogecoin would ever reach $1. It is hard to say where the price action will go, but high volatility seem to be mainstay as the utility of the cryptocurrency remains unclear being a meme coin.
Where to buy Dogecoin?
You may buy Dogecoin on centralized exchanges such as Binance, Crypto.com, Coinbase, Bitfinex, and more.
$DOGEUSDT #DOGE #DOGECOIN PT 49-69 and higher 💫💕🕊️ Dogecoin Price & Market Data
Dogecoin price today is $0.182072 with a 24-hour trading volume of $6,001,773,329. DOGE price is up 15.6% in the last 24 hours. It has a circulating supply of 130 Billion DOGE coins and a total supply of ∞. If you are looking to buy or sell Dogecoin, Binance is currently the most active exchange.
Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo.
The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.
The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
Dogecoin in 2021
Fast forward today in 2021, Dogecoin has grown so much and have gathered the mainstream attention. It has become a meme that is used by the likes of Tesla billionaire, Elon Musk and even more so spunned off even more meme coins into the market.
On May 8th, 2021 the cryptocurrency recorded an all-time-high market cap of nearly $90 billion and trading at a price of $0.70 per DOGE. That is nearly +141,000% increase since its inception in 2013.
Dogecoin followers have always been asking if Dogecoin would ever reach $1. It is hard to say where the price action will go, but high volatility seem to be mainstay as the utility of the cryptocurrency remains unclear being a meme coin.
Where to buy Dogecoin?
You may buy Dogecoin on centralized exchanges such as Binance, Crypto.com, Coinbase, Bitfinex, and more.