DOGEUSDT trade ideas
Doge 15 min bullish tradeit has already shown enough uptrend and now making a symmetrical triangle which is indicating a further uptrend for the DOGE..
DOGE daily ViewPrice Action and Trend Analysis:
Dogecoin is currently consolidating within a range, with support at the 0.07500-0.07700 levels and resistance at the 0.09100-0.09400 levels. This indicates a period of indecision in the market as buyers and sellers battle for control. The price action within this range suggests that the market is experiencing a period of consolidation and may be gearing up for a potential breakout in either direction.
In addition, from December 2022 to January 2023, DOGE formed a cup pattern, which is a bullish pattern that indicates a potential continuation of the uptrend. Following the formation of this pattern, DOGE experienced a 25% pump from January 18th to February 4th. This suggests that the market may have bullish momentum, and investors may be accumulating DOGE.
Moving Average Analysis:
To gain further insight into DOGE's price action, we can look at its moving averages. The 50-day simple moving average (SMA) is currently acting as a Resistance level, indicating that DOGE may be in an uptrend. However, the 200-day SMA is acting as a Support level, suggesting that DOGE may be facing some buying pressure.
Volume Analysis:
One significant observation is that there isn't that much volume or volatility in DOGE's upward direction, indicating that the bullish momentum may be weak. Also, there is a strong correlation between DOGE's price movement and Elon Musk's tweets. Whenever Musk tweets about DOGE, it experiences a pump in price. Therefore, it's essential to keep an eye on any significant announcements or events that could affect DOGE's price.
Conclusion:
In conclusion, DOGE is currently consolidating within a range, with support at the 0.07500-0.07700 levels and resistance at the 0.09100-0.09400 levels. The cup pattern formed in December 2022 to January 2023 indicates a potential continuation of the uptrend. However, the weak volume and correlation with Elon Musk's tweets suggest that the bullish momentum may be weak. Traders and investors should monitor DOGE's price movements closely and consider fundamental factors like any significant announcements or events that could impact its price.
making smaller range to kreackout comprassing in a range single candle will blow it up waiting for news to trigger it .
DOGEUSDTBINANCE:DOGEUSDTPERP
Strong Liquidity Zone if DOGE Breaks this zone with strong BUY on side we may see DOGE hitting new HIGH this year
expecting up in DOGEUSDTsince it has broken the major price level
Expecting nice rally now with risk reward more than 1:2
VETUSDT Short Term BullishVETUSDT is now bullish on 4H chart and daily chart both. Keep watching this
DOGE COIN Trade setupDOGE coin has been on fire lately. Here is an idea to trade doge doin in the coming levels. Ever since the fall last week it has been weak below 0.57 so a strong close above Is a good indication of buyers momentum to hold up the price above.
DOGE Coin looking bullish on chartsHi Friends, DOGE coin is looking bullish on charts. I am going to accumulate this coin in every dip. Keep watching
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.
Doge Head and Shoulders pattern as we can see doge head and shoulders pattern . price may get a dump as doge trading at the resistance. DYOR
Dogecoin short-Double top formingDogecoin is forming a double top in 15m/1h time frame.A short trade can be initiated on breakout and may reach to the levels that has shown in chart.keep an eye.
Also,I know I am just posting very few in a month,but I try to post only some quality trades.So,please keep patience.But I will post frequently on other markets too from the upcoming year. Thank you.
#DOGE Long set upGood swing LONG setup in DOGE. it's in my buying zone AS WELL and RSI taking the support. we may see one wick down before mooning up depending upon the #BTC movement but I am starting to build my long position in DOGE from here.
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
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.
DOGEUSDT M PatternDoge USDT has formed an M pattern and if the support is broken, we can get a good opportunity to short.
DOGEUSDT LOOKING YUMMY Doge is set to test 0.11500 / 0.15000 / 0.16000 in the bulls liquidity grabs in the market... Which Wyckoff thoery will term as schematic re-accumulation.
If price refuse to respect the move and breaks 0.07000 then let's expect price to have a rain drop to 0.02500 / 0.02000.
Just my personal view on the market but setup can also get you into learning few stuff.
Don.t false to comment and like. Thank youuu!
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!
DOGE Coin Weekly AnalysisDogecoin forming a bull pattern on weekly chart. And I can see a breakout already. All we need is a bull start from BTC. And then Dogecoin $1 Confirmed
DOGECOIN.USDTWhat we all saw, was a profitable pump...
Congratulations to all Dogecoin shareholders...
But given the growth of more than 160% in two or three days...
Now,.....
comparing the risk with the reward, in my opinion, buying this cryptocurrency is more risky for beginners....
Of course, it will definitely be different for holders....
THANK YOU
BABAK. BOZORGZADEH FROM IRAN
DOGE Buy and Sell Zone Chart - DOGE Coin The 15m Chart of DOGEUSDT Pair with Support and Buying Zones.
The Doge coin pumped 70% in last 24 hrs and it will surely come back to its support zones. This pump happened as Elon Musk bought Twitter and he loves to tweet about Dogecoin.
