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DOGEUSDT trade ideas

Dogecoin buy-Inverted head and shoulder formingHappy new year guys,I wish this year we all can fulfill our dreams of becoming successful traders. So Here is another trades for you.Dogecoin is making a bull setup with a inverted head and shoulder pattern in 1h time frame.There is a strong resistance zone in the neckline of the pattern(0.07091-0.07158 level) which dogecoin is trying to break.A breakout candle is already seen in the chart but because of the strong resistance it can reject another 2-3 times.If it breaks,a buy trade can be initiated from here.It may take a retest after reaching the first resistance level(0.07448). So keep an eye on this trade.You may have hold the trade for 1-2 days.Happy trading.
Long
by marketshero
DOGE may Skyrocket anytime soonHello mates, I don't usually post any recommendation for meme-coins and DOGE is one of them! But Recently whales are whispering here and their about this coin ! You maybe think it is a fraud or even a Ponzi, but one of the main reasons of trading is gaining profits, and iam talking about lots of profits here guys! This is why...!! We all know that Elon Musk is one of the main reasons this coin exist, Elon Musk has indicated an interest in joining a Dogecoin community space close to Christmas, via a tweet on 16 Dec. Add to that, DOGE influencer Matt Wallace, bets on his YouTube channel that DOGE will reach $1 on 2023. Dogecoin transactions is within the $1 million and above region unexpectedly hit a notable number for the first time in December 2022. According to Santiment, DOGE’s whale transactions amount stood at 37 5 days ago!! Don't forget that DOGE is ranked #8 by Market Cap . Technical analysis: 1) Triple bottoms: Each successive attempt is typically accompanied by declining volume, until price finally makes its last attempt to push down, fails and returns to go through a resistance level. 2) WaveTrend indicator: When this indicator is in the negative area (Below white line) this means that price will soon be ready for buying. 3) 200 SMA: DOGE price is on 200 SMA and can reject of it, if 200 SMA is tested we could have a bull-run till 0.1$ or even 0.125$ if the market was cooping with this coin. 4) Volume: Decreasing voulume in a down-trend indicates a coming reversal. From my point of view Dogecoin could skyrocket anytime soon. If you like my idea I would appreciate a boost. Disclaimer: This is not a financial advice
Long
by CryptoMonstersOfficial
1
Dogecoin short-Multiple trade setupDogecoin is forming some bearish trade setup these days.It may give us some great fall after the breakout.Here are two trade ideas-swing and intraday that I wanna share with you guys in detail.check below. Trade 1: The first one is a swing trade.Dogecoin made a beautiful double top pattern in 1H time frame which broke out it's neckline(0.9684 level) downward and now is retesting from a lower level (0.09274) on a trendline.It is now at the breakout point of the trendline and if it breaks,a short trade can be initiated to the support level of 0.08012. You might have hold it for some days.keep an eye. Trade 2:It's an intraday.A bearish pennant is made on 15m/1h time frame and about to break out.It can break downward to the level of 0.08894.if it breaks the pattern,a short trade could be taken there.follow the levels. Make it happen,get some good profits.Happy Trading.
Short
by marketshero
DOGE! NEXT IMPUSLE WAVE ! Hello Traders and everyone, I am HADI KARAALI, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. As we said from the last video analysis here is a new update analysis For DOGE coin As we can see and said, price broke above 0.1 resistance zone and now acting as support zone RIGHT ! So for now and for a long and medium term perspective we are bullish However, from a short term perspective we are now bearish after breaking below this major swing low and traded inside this channel For the bulls to kick in again for the next impulse wave we need a new swing high around the trendline then a break as shown in the picture Until that happens we are bearish and we can still trade lower to test our support zone and as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali
💡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 ❤️ 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
2
💡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 ❤️ 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
4