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The next important level!The happiness of Dogecoin buyers continues along with the favorable atmosphere of the market! Dogecoin, which has recently started a significant upward movement with the news of buying Twitter by Elon Musk, has recently attracted new buyers with the tweet of Dogecoin's logo by its new owner. This situation, along with reducing the pressure on the cryptocurrency market and creating a fluctuating situation, has made good conditions for the growth of DogeCoin, which experienced a 93% drop from its historical peak. Meanwhile, the Federal Reserve, which is trying to rein in inflation by implementing its strict control policies, is likely to reduce its steps in the November meeting, which, if realized, can further reduce the double pressure on the cryptocurrency market. And this is a reason for investors to become braver. Further, by examining the chart of this meme coin in the daily time frame, there is a high probability that the price will continue to grow until the next important level of 0.1730-0.1800.
by MonoCoinSignal
25
DOGE double Head & ShouldersPlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Don't be just a taker, be a giver! 👍🏻 Dogecoin formed "embedded" Head and Shoulders pattern - smaller cyan (H&S1) and bigger orange (H&S2). Head is same for both, just different shoulders. Price broke the yellow uptrendline, H&S neckline1, and then also H&S neckline2 which has been backtested recently - price rejected. If we make lower low (below the white dashed @ 0.05588) DOGE can start the decline to Head and Shoulders targets (TARGET1 and TARGET2). INVALIDATION1 relates to cyan H&S1. INVALIDATION2 relates to orange H&S2. SHIB doesn't look good either: BTC doesn't look good either: Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Short
by bizmark
5
WHO LET THE DOGE OUT?! Well well well, what a nice breakout so far! Who wouldve thought that! (Check previous analysis please) Since 2.618 now was taken on a third wave, expecting a pullback to 1.272-1.00 fib before continuation to 4.236 @ $0.2 (nice confluence with intermediate 0.382 level) If it decides to take 4.236 straight, then final target will be 8.236 @ $0.338 Break of 1.00 fib needs to rethink targets, with a possibility of 0.382 before taking 4.236 as a corretive pattern Hold my beer pls ---- No financial advice, do your own research, don't be stupid
by NastyBeer
Keep an eye on DOGE!Here's a quick Look at DOGE 30 min chart . The best entry would be when the price breaks above 0.1265$ with a good amount of volume . One to keep an eye on. ------------------------------------------- The idea is: Buy when the price breaks above 5.1$ and take profits at the levels shown in the chart. Targets: 1. 0.129$ 2. 0.134$ 3. 0.142$ 4. 0.15$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
4
DOGECOIN Doge price broke downtrend line, what will happen next?Here is the chart of the DOGEUSDT trading pair for the last 2 years. The downtrend of DOGEUSD price has been going on for 17 months and speculative interest in this manipulative coin has most likely disappeared for many. But on the other hand, there are probably many investors who are stuck in this coin and the deposit is now in drawdown Most likely, this idea is primarily for them. Since June 2022, which is 5 months, the DOGE price has been consolidating in the liquidity zone of $0.04-0.08. It was in this liquidity zone at the beginning of 2021 that the DOGEUSDT price consolidated before the final pump of +1400% in 2021. And today, DOGECOIN buyers are trying to break up through the falling trend. However, it is too early to rejoice, there is a strong and liquid level of around $0.085 in the way of buyers. Most likely, buyers will not be able to overcome this milestone the first time. If you have a long position DOGEUSDT, then as the price approaches $0.085, you need to be very careful, because a correction to $0.065 may begin in the future So, in our opinion, it is safe to long DOGE either from $0.065 or after the DOGEUSDT price can confidently consolidate and fix above $0.085 Medium-term target for DOGECOIN price growth is $0.125-0.135 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
26
Dogecoin: Unbiased 240% possible trade Hello All. Looking at Doge/Usd pair on the weekly timeframe we see a formation of a falling wedge pattern which is a bullish chart formation. We extrapolate the measured move for this pattern and estimate a breakout point at the end of the apex. This puts us around September 20, 2022. As such, this breakout to the upside can put the price of doge coin at around $0.23-$0.25 which will be a 240%-260% move up. In addition, this price target also corresponds with my favorite fibonacci retracement tool which has a golden pocket ratio also at $0.23-$0.25. As doge coin hold strong ground at $0.060 level, i believe this price target will be hit sooner than later with just enough volume. Thanks for reading, and stay tuned. Happy 4th of July Weekend.
BINANCE:DOGEUSD
by EdgarTigranyan
1
Is Dogecoin ready for another bull run?Even though it is too early to say that it has bottomed, we can clearly see a completed corrective pattern from the $0.75 all the way down to the $0.057 area. I am counting the move down as a complex correction or more specifically a double zigzag. Surely, the last leg down has clear 5 waves into it which in any case would call for a reversal. On top of that, we can see a decisive breakout of the corrective price channel accompanied with a strong increase in volume. When it comes to the RSI we clearly see that the 40 level offered a strong support and that's exactly what we want to see for a bullish set up before a strong breakout. The breakout also pushed the RSI way above the 80 level. Now, I am aware that there will be a pullback and a period of range to let the market breath. However considering: 1) The Elliot wave structure 2) Breakout of the corrective channel 3) High increase in volume 4) RSI holding bull range and breaking out above 80 I am quite confident to say that a long bull run for Dogecoin is on the way and we will see the $0.75 area broken through.
Long
by torgato92
1
DOGE - To the moon! Huge bull flag | +5000% Doge is absolutely ready for a massive impulsive wave to the upside on the macro scale! The chart is printing an impressive bullish flag on the weekly chart with an ABC ZigZag structure, which is even better. As you know, I am very bullish on Bitcoin for the upcoming year 2023 and the BTC dominance chart indicates a juicy alt season! As per my Elliott Wave analysis on the macro scale, we have finished a corrective ABC wave 4, and we are currently starting a final impulsive wave 5. We don't really know what price DOGE can reach, but I expect the 0.618 FIB or the 0.764 FIB extension from Wave 3 -> Wave 4. The average transaction fee on DOGE is currently 0.04 USD and the confirmation time is below 1 minute. I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
115
Buyers well supported the price of DOGE!DOGE has been growing very well in the past few days. Buyers well supported the price of this currency. After the news of Elon Musk's purchase of Twitter, it was accompanied by more support from buyers, and after breaking the resistance of the $0.080 range, it moved towards the resistance of the ceiling of the range channel. Now the price is trading in the range of $0.10. Even this time, there is a potential to increase the price above the range of $0.10 and even a fake break of this area. Therefore, in this range, considering that the RSI indicator is inside the oversaturation range and shows the number 87. Thus, the probability of price reaction to this resistance area is high. On the other hand, the ceiling of the long-term descending channel of this currency has been broken by the last daily candle, and it needs a further price increase to the $0.10 range to stabilize. After the pullback, we can expect more growth. If traders' emotional buying continues, the price could hit the $0.106-$0.120 resistance area without a pullback, which will have a stronger negative reaction, and the selling pressure in this area will increase significantly.
by MonoCoinSignal
21