DOGEBTC trade ideas
DOGE TO THE MOONIf you looking at the chart right now you will notice the trend right now my prediction is 60% correct that accordimg to my analysis dogecoin will take a little dip before spiking when it take the dip i advice a successful buy
Im still going to monitor the market before the dip im going to keep updating
DOGEBTC - DOGEUSDT - MOVEMENT TO A VOLATILE CHANNELThis is my take on DOGEBTC movement to a volatile rising channel. The wicks in mid august are going to be wicked but watch for support and feel strong to buy on the support purple line. We officially break out at the 78% fib/time fan. The breakout will come Oct/Nov but the rising channel will be required as a new price floor will be set and it will do alot of grindy moves that weed out short speculators but also i encourage you to swing trade this on a weekly basis.
doge btc support and ResistanceSupport and resistance areas have been drawn. I expect the price to reach support and enter the right place to buy for the long term.
DOGEBTC Caught at .382 - ObservationPrice can be seen oscillating between pumps
With only one real major breakout leading to .382
With the recent major breakout .382 was seen as a temporary resistance
Making the first .382 breakout notable
Observation
DOGEBTC - The fall of dogeDOGEBTC has been following a steady trend downwards since the high in may. To me, it has been evident that a violent markdown is imminent since the middle of june - even though I have been reluctant to place my bet out of a respect of the power of the meme.
I have tried my hand on a wyckoffian analysis in the chart presented. The Sign of Weakness (SOW) showed up as expected - but I was expecting another drop now that we have entered phase E.
As of fundamentals - doge derives its value from hype and meme. It has been off the mainstream media radar for some time, the reddit page is showing less activity - and more importantly the quality of the memes produced seems to be falling (even if I thought they stepped up a bit in tha last couple of days). Also - lately mentions from Elon has not manage to pump the price significantly (which presented a huge risk to a short bet imo). If this doesnt change I will remain in my bet to see DOGEBTC less than 300 sats.
What do you think is needed for doge to rise again? How much do you respect the power of the meme?
fast scalpingHIGH probability we push green zone, when fault back to resistance and up again , leverage 5-15x
DOGE/BTCKeep it simple.
This is one of my most favourite crypto currencies to trade. This is the Vix of the crypto market.
Stack up on the green box with as much doge as you can afford. This is anywhere under 25 sats ideally. Then sell at the red box - 97 sats.
Rinse and repeat this.
If doge keeps going down below the buy line, KEEP BUYING.
It's likely doge will do a fast wick to the downside to liquidate longs, with a swift pump up the the highs. This is a common theme in doge. This is why I buy the coin and do not buy long contracts.
Nice 300% profit!
DOGEBTC preparing to take off?This downtrend is into something, dont you feel suspicious ?
Im going to risk 4-5% if it crossed this kijun-sen ( pink line ) for the 15% rewards.
DOGE/BTC potential bounce soonI am generally not one who likes to talk much about DOGE as it already gets far too much attention, but the current trend looks a bit interesting in my opinion.
From what I am seeing, there appears to have been a breakout of a forming wedge (orange dotted lines) at the end of May after an initial bounce off of the 61.8% Fibonacci retracement level (based on the the all-time high to the initial low back in April). The ratio now looks like it has been riding the trend line from the breakout downward but has yet to break below it, but now it looks to be approaching the 50% Fibonacci retracement level. Hence it looks like there is a possibility for a bounce to occur here, further validated by a bit of bullish reversal divergence as fairly clearly evident on MACD, but it is also on quite a few other oscillators as well, however I didn't want to clutter the chart.
It should be interesting to see what happens here in the next day or so as it looks like there are not many options left for the ratio to go as it is now approaching the apex of a descending wedge based on the downward trend since the most recent breakout (thin green line), so it looks like it should be interesting to see which way the ratio will head, whether it breaks support and heads downward or potentially heads upward to form a potentially long term wedge (white lines) potentially forming a longer-term bullish pennant.
And of course, this is not meant as financial advice and is only my opinion, but please like or comment if you agree or have any thoughts.
Sell Dogecoin to get Bitcoin!!!Ok, right now, if you look, Dogecoin it's look bearsih in this par DOGE/BTC ratio. So, that mean if you see, Bitcoin it's strenghten and if you invest in Dogecoin, you can to sell your Dogecoin to conserve your Bitcoin power, and then, you can to buy Dogecoin when down to 500 satoshi. This it's your way if you want to accumulate more Dogecoins.
s3.tradingview.com
And this it's the 3 Daily timeframe and based in my opinion, I know when Bitcoin vs. Altcoins are up and altcoins suffer in front of Bitcoin for your investment in cryptocurrencies.
hey guys new here, with 100doallars of my life savings, advice ?hey guys new here, with 100doallars of my life savings, advice ?
#DOGE vs #BTC nice wedge about to break UPBOOOM
we survived the half time ---- "CORRECTION"
I think, seems so doesn't it?
~ Balla Ji
