Doge coin long There was a head and shoulders formation on day frame and the neck line did got broken but the closing low is still unbroken and the Tl breakout happened..
looks bullish for the time being.
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Dogecoindollar
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.
A trading opportunity to buy in DOGEUSDTechnical analysis:
. Dogecoin/USDollar is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00230000 to 0.00183000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00230000)
Ending of entry zone (0.00183000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00300000
TP2= @ 0.00390000
TP3= @ 0.00470000
TP4= @ 0.00581200
TP5= @ 0.00691500
TP6= Free
A trading opportunity to buy in DOGEUSDTechnical analysis:
. DOGECOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0023 to 0.0015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0023)
Ending of entry zone (0.0015)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0031
TP2= @ 0.0039
TP3= @ 0.0047
TP4= @ 0.0059
TP5= @ 0.0074
TP6= @ 0.0101
TP7= Free
A trading opportunity to buy in DOGEUSD Technical analysis:
. DOGECOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0026 to 0.0015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0026)
Ending of entry zone (0.0015)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0039
TP2= @ 0.0047
TP3= @ 0.0059
TP4= @ 0.0074
TP5= @ 0.0101
TP6= @ 0.0183
TP7= Free
DOGEUSD ,TP3 hit with 1425540 profit. New Buy Opportunity...DOGECOIN/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
There is still possibility of temporary retracement to suggested support line(0.0038), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 0.00002473 (day close price) based on reversal candle ( Hammer ) at 03.19.2018 .
Total Profit: 1425540
Closed trade(s): 362740 Profit
Open trade(s): 1062800 Profit
Closed Profit:
TP1 @ 0.0043 touched at 04.13.2018 with 126370 Profit.
TP2 @ 0.0054 touched at 04.18.2018 with 236370 Profit.
126370 + 236370 = 362740
Open Profit:
Profit for one trade is 0.00569330(current price) - 0.00303630(open price) = 265700
4 trade(s) still open, therefore total profit for open trade(s) is 265700 x 4 = 1062800
All SLs -5.94% -5.94% moved to Break-even point.
Take Profits:
TP3= @ 0.0074
TP4= @ 0.0101
TP5= @ 0.0183
TP6= Free
Technical analysis:
DogeCoin/Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 72.
