Dogecoin on its final support Doge is in a downtrend since May 2021 when it had a major pump because of Elon's tweets.
It is currently trading at its support on Price and MACD.
As I have noticed that all the last few pumps where because of Elon's tweets and interestingly all these times he tweeted when doge was on MACD support and because of this MACD formed an ascending triangle pattern which is at its final point.
DOGE volumes have dropped significantly and this needs some big news or development from tech team to go up. Volumes also need to be high during this breakout for it to change the trend. Look out for this one in the coming weeks.
This chart is only for information purposes and it is not an investment advice.
DOGEBTC
DOGEUSDT | Two great scenarios🔥Hello traders, Dogecoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count, the main waves 1, 2 and 3 are formed and now we are inside wave 4.
Wave 4 is unexpectedly formed in the form of a zigzag, and this zigzag has completed its a and b waves and is now inside the c-wave.
According to the rules, wave c is formed in the form of five waves. From these five waves, waves 1, 2, 3 and 4 are formed and we are currently inside wave 5 of wave c.
Wave 5 has done its minimum motion but its normal motion has not formed which I think for normal pattern wave 5 will probably have more downward and will move in proportion to wave c to wave a to Fibonacci 1.00 if the range 0.1325 is completely broken.
If the channel ceiling is broken, we consider the downtrend to be over and we will compare this correction with our internal waves and we will not consider the ratio of wave 4 to wave 3 at the moment.
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DOGEUSDT-SHORTBased on technical factors there is a short position in :
DOGEUSDT Dogecoin
Score 2️⃣
🔴Short Now or set on Key Level 0.1455
🟢Target 1 0.1370
🟢Target 2 0.1270
❌Stop loss 0.1480
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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Elon Musk would eat a Happy Meal if McDonald's accepts DOGEElon Musk said he would eat a Happy Meal on TV if McDonald's started accepting Dogecoin as a form of payment.
Even BurgerKing, who had joint marketing campaigns with Dogecoin before, commented on the tweet.
So i believe DOGE has some upside momentum to the next resistance, $0.165, or at least a strong support at this current level.
Looking forward to read your opinion about this.
DOGEUSDT-SHORTBased on technical factors there is a short position in :
DOGEUSDT Dogecoin
Score 2️⃣
🔴Short Now or set on Key Level 0.1470
🟢Target 1 0.1365
🟢Target 2 0.1245
❌Stop loss 0.1550
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
DOGEBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has broken the S1 line and has turned it into the support line. It has also made its pullback and now it is time for the price to move up. If the S1 line is also lost, then there would be more falling.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Dogecoin SHORT TO $0.08 or $0.04 Dogecoin going on an A-B-C ZIG-ZAG correction which is a (5-3-5 wave) very common after a good 5 wave impulse
Blue 5 wave Elliot wave in 2021 Jan TO May
ABC corrective wave in RED
We are now in Wave C in the ZIG-ZAG correction (PURPLE)
Wave C is going through sub wave (4) and sub wave (5), we are already going below 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae:
88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618:
0.618 x 0.618 = 0.786 (78.6%)
0.786 x 0.786 = 0.886 (88.6%)
0.886 x 0.886 = 0.941 (94.1%)
88.6% retracement price is $0.08
94.1% retracement price is $0.04
I believe DOGE will still be shorted and may find the reversal at that zone
Please like and comment for feedback
DOGEUSDT | The safest place to sell🎯Hello traders, Dogecoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the count we had, the main waves 1, 2 and 3 were completed.
We examined wave 4.
From wave 4 we are sure that wave a is complete, but we still have doubts about wave b because it is not in normal terms in terms of time.
Preferably we counted wave b as finished and now we are waiting for wave c movements.
Wave c has completed waves 1, 2, 3 and 4.
Wave 5 has moved enough to be considered complete, but we prefer to state all the probabilities in the confirmed points.
If the Fibonacci 0.618 is broken down for wave c, the decline will continue until wave c equals wave a.
If the roof of the canal is broken, the ascent will be confirmed and wave 5 will be completed.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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Doge breakout soon!Beautiful cup and handle + bullish divergence on 1 h chart.
Doge sell off is slowing down as btc is finding support again and again on the 40k level.
We are clearly not in a bear market. Its just a downtrend in a bullmarket.
Its clear that the situation is on the verge of becoming very hot for altcoins and bitcoin.
I think doge will lead the way again but given the cap very high it will rise slower than before but it will still give good profit!
Check my other ideas for Doge!
Here for you, as always, CryptoSoap!
doge/usdt------ to the moon!!!!!You have to wait for a suitable and strong return candle to strike in the specified areas where there is a possibility of pullback, and then you start buying this currency.
I emphasize again that a strong candle and return must be struck...
Note that Dodge Coin has broken its downward trend towards Bitcoin and is doing a pullback....
If Doge fails to reverse its trend in these pullback areas, it will most likely have a downward trend.
what is your idea?
DOGEUSDT | The safest place to sell🎯Hello traders, Dogecoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the count we had, the main waves 1, 2 and 3 were completed.
We checked wave 4, from wave 4 we are sure wave a is complete.
But we still have doubts about wave b because it is not normal in terms of time.
Preferably we counted wave b as finished and now we are waiting for wave c movements.
At times lower than wave c, waves 1,2,3 are completed, and based on new observations, we think we are inside wave 4, another wave is probably left to complete, and then we will have a decrease for wave 5 as much as wave a.
This analysis will be fielded if the warning signal, ie the channel ceiling, is broken upwards
And if the red circle is broken downwards, it is a confirmation of the formation of wave 5.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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DOGE Coin. A Trend Shift is Taking Shape.BINANCE:DOGEBTC has seen many a great pumps in 2021, with smaller pumps inside the bigger ones in what looks like a fractal. Recently, DOGE has been going sideways for a whole month. This hasn't happened in a long time. It has always been trending lower and lower. A support line is gaining more significance as DOGE keeps bouncing off of it. I believe we are on the verge of a trend shift, either we remain going sideways for two more months, or we see a new pump soon that is greater than the recent weak 1-day pumps. Moreover, RSI is showing a sign of reversal due to stronger lows in RSI coinciding with lower lows in price. Let us wait and see how this unfolds, and whether the next pump is indeed stronger than the last.
DOGECOIN is up about 20%, Where is the best place to buy?Hi everybody,
Doge is up about 20%, This price increase happened because of BTC bounce and Elon Musk tweet.
In my idea breaking out of this strong descending channel is a good event but it isn't enough for more price increase!
For going higher, It's necessary to break 20 cent resistance In My Idea. Then we can expect to see more uptrend, So in this situation, I'm not bullish on this coin but I will publish this analysis as LONG analysis Because going higher is more possible.
A breakout of current resistance will turns my opinion bullish!