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Dogeanalysis

Get ready for some potential fireworks with DOGE🐕💎 Paradisers, #DOGE may experience a pullback to the Fair Value Gap (FVG) zone to capture the inner range liquidity. 💎This FVG zone, previously a resistance, has now potentially transformed into a support. This critical level of #DOGEUSDT is further bolstered by the 0.618 and 0.768 Fibonacci levels, which could facilitate a bounce. However, confirmation in the form of a Change of Character (CHoCH) and Break of Structure (BOS) towards the bullish market structure is needed. 💎Should this area break down, we might expect a rebound from the bullish Order Block (OB), but again, confirmation is necessary here as well. 💎However, if both of these levels break down without displaying any bullish signals, it will be considered bearish. In such a scenario, I would prefer to ignore it.
by MyCryptoParadise_Nathan
DOGE: Bulls Charging! Breakout Potential Looms💎DOGE has broken out of a resistive trendline and formed a W pattern on the support zone, while its price also shows a Change of Character (CHoCH) towards a bullish structure. This suggests a potential bullish move after a pullback or the breakout of the previous high (1st resistance level). 💎If DOGEUSDT breaks above the first resistance area, it will be considered a Break of Structure (BOS), confirming the bullish structure, and we can anticipate further movement towards the bullish side. 💎In the event of a pullback, we can anticipate a bounce from the support level, which also coincides with a bullish Order Block (OB). 💎However, if the price breaks below the support level, it would be advisable to refrain from trading DOGE and wait for the market structure to provide clearer signals.
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by MyCryptoParadise_Nathan
2
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