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Doge

Dogecoin (DOGEUSD) Analysis 4h Timeframe (Feel The Crash Pt.2)We looked at Dogecoin (DOGEUSD) on the daily timeframe; many bearish signals starting to develop. Today, we are going to be looking at the 4h timeframe where we can gain additional information as to what is going on with this market/pair. First, we notice how DOGEUSD went to test EMA200 as support after breaking below EMA100 back in April. This same scenario can repeat in the coming days. Now, we can see prices trading below EMA50 and also EMA100, which is the blue line on the chart. If prices close below EMA100 or $0.4625, this can lead to lower prices. The next support level will be sitting first at $0.3662 followed by $0.301 or EMA300, which is equivalent to EMA50 daily at around $0.29/$0.30. This is no big deal. Market corrections are normal and see what happened back in April. After EMA200 was tested as support, DOGEUSD bounced and continued on its way up. Right now we have the RSI becoming weaker than it was before. The MACD is below zero and showing a bearish cross. The current 4h candle is still active and its price can reverse... We stay bearish on this pair below EMA50 ($0.5132), we expect lower prices unless the market conditions change. We are aiming lower... What's your take? Share with us in the comments section below. Namaste. P.S. Check the related trade ideas below for past charts on DOGEBTC.
BITTREX:DOGEUSDShort
by AlanSantana
1
DOGE 4h above the upper parallel Median Line Update of the previous analysis. Prices above the upper parallel of the red Median Line now. Dynamic Res and Sup on watch, but this DOGE could do everything. Musk move it to the upside but the SEC could bring Elon (and Doge) back to earth. Take care. Holding long with . 05 pmc. Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
BITTREX:DOGEUSD
by locatellicharts
DOGE 1H with Median LinesUpdate of the previous analysis. The red Median Line looks to be catching the trend. Dynamic Res and Sup on watch, but this DOGE could do everything. Holding long with .05 pmc. Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
BITTREX:DOGEUSD
by locatellicharts
💡Don't miss the great buy opportunity in DOGEUSD @dogecoin Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.45883). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DOGEUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 49. Take Profits: TP1= @ 0.5310 TP2= @ 0.5991 TP3= @ 0.6499 TP4= @ 0.6990 TP5= @ 0.7412 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
16
DOGE 4H 1HUpdate with Median Lines. Update of the previous analysis. Dynamic Res and Sup on watch, but this DOGE could do everything. Holding long with . 05 pmc. Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
BITTREX:DOGEUSD
by locatellicharts
DOGE XIA very little away from all-time highs. Reminder: In case of a move and close above the dynamic Resistance we could see a move higher. In the chart below You have a "case study" with the strong move higher after the break of the Resistance. Update of the previous analysis. Dynamic Res and Sup on watch, but this DOGE could do everything. Holding long with .05 pmc. Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
BITTREX:DOGEUSD
by locatellicharts