DOGEUSDT at Decider Level Chances for Long are higherTechnical Analysis:
1. Backtesting within 7 days shows that there are no clear patterns in the MACD, RSI, BOLL, and KDJ indicators.
2. Backtesting within 30 days indicates a bearish MACD pattern, specifically a Death Cross. This pattern has occurred 12 times, with a signal accuracy of 25%.
3. The BOLL indicator does not show any specific pattern.
4. The RSI and KDJ indicators also do not show any clear patterns.
Fundamental Analysis:
1. Dogecoin is a meme coin associated with pictures of Shiba Inu dogs and internal monologue captions.
2. The current market cap of Dogecoin is $20,214,071,052, with a total supply and circulation supply of 130,693,998,324 tokens.
3. The current price of Dogecoin is $0.13837, with a 24-hour price change of -1.93% and a 7-day price change of +60.32%.
4. The BOLL support price is $0.13837, and the BOLL resistance price is $0.14381.
5. The market sentiment index is at 83, indicating extreme greed.
Dogeusdtlong
DOGE/USDT: Bullish Entry Zones and Profit Booking Levels ?
Introduction:
In this technical analysis, we will explore the potential trading opportunities for DOGE/USDT , by analyzing key support and resistance levels.
1. Buying Area - 7400 to 7600 Levels:
Currently, DOGE/USDT can correct upto 7400 to 7600 levels.
Traders looking to enter a long position can consider this zone as a favorable buying opportunity. As Dogecoin is known for its vibrant community and increasing popularity, this entry position could yield potential gains in the short to medium term.
2. Alternative Buying Area - 6400 to 6500 Levels:
In the event of a Bitcoin dump triggered by the FOMC meeting today, DOGE/USDT may experience increased selling pressure.
Consequently, the price could dip to the 6400 to 6500 levels, presenting an excellent opportunity for long-term investors to accumulate DOGE at a discounted price, making it an attractive area for bag holding and patient long-term investors.
3. Profit Booking Area - 9500 Levels:
As DOGE/USDT exhibits upward momentum, traders should be mindful of potential profit booking opportunities. The 9500 level aligns with a crucial trendline, marking a third re-test, adding strength to its significance as a resistance level. Traders can consider taking profits in this area.
In summary, DOGE/USDT currently offers favorable buying opportunities between the 7400 to 7600 levels, while an alternative entry zone lies within the 6400 to 6500 range, especially if Bitcoin experiences a significant downturn. For profit booking, traders should consider the 9500 level, which also coincides with a critical trendline re-test.
💡Don't miss the great buy opportunity in DOGEUSD @dogecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06930).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 0.07162
TP2= @ 0.07460
TP3= @ 0.07930
TP4= @ 0.08204
TP5= @ 0.08901
SL= Break below S2
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💡Don't miss the great buy opportunity in DOGEUSD @dogecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.07323).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 0.08288
TP2= @ 0.09324
TP3= @ 0.10985
TP4= @ 0.13327
TP5= @ 0.16565
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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💡Don't miss the great buy opportunity in DOGEUSD @dogecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1488).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 0.1710
TP2= @ 0.1805
TP3= @ 0.1962
TP4= @ 0.2145
TP5= @ 0.2299
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!
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Trade well, ❤️
ForecastCity English Support Team ❤️
Trading Signal For DogecoinTrading Signal:
There is a Trading Signal to Buy in DOGEUSDT Dogecoin
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.125
⭕️SL: Close below 0.118
🔵TP1 @ 0.1423
🔵TP2 @ 0.1600
🔵TP3 @ 0.1960
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
💡Don't miss the great buy opportunity in DOGEUSD @dogecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.2446).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 0.2721
TP2= @ 0.2922
TP3= @ 0.3162
TP4= @ 0.3306
TP5= @ 0.3508
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 ❤️
💡Don't miss the great buy opportunity in DOGEUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.2265).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 0.2420
TP2= @ 0.2567
TP3= @ 0.2711
TP4= @ 0.2922
TP5= @ 0.3162
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,
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💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
DOGE forming peanut in Daily Chart, Expecting Breakout soon.Peanut is a trend continuation pattern, where the price's upper trend line & bottom trend line forms a peanut shape (as I shown in the picture) and volume needs to be decreasing. Higher chances is to breakout above, but there is always possibility to trade go wrong. #DYOR #NFA
💡Don't miss the great buy opportunity in DOGEUSD @dogecoin Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.22820).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 0.29290
TP2= @ 0.33700
TP3= @ 0.39400
TP4= @ 0.44310
TP5= @ 0.52570
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 ❤️
Doge/Usdt LongWe are doing Analysis of DOGE/USDT on multiple Timeframe .
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Anish kumar