Get started

Dogeanalysis

I looked at the inverse HnS on Doge ... is this a good chance?I looked at the inverse HnS on Doge ... is this a good chance? If you look at the journey of DOGE prices to this day, DOGE is actually still in the opportunity for a bullish trend. This is indicated by the price is always in the range 0.04 - 0.05 and last week if we want to observe more carefully, it turns out that DOGE is forming an inverse HnS pattern, this pattern is one of the positive confirmation patterns if DOGE will continue its bullish trend again. The risk is still there, let's take the smallest risk by taking enough profit.
BINANCE:DOGEUSD
by Hokusai_FX
Dogecoin PossibilitiesI am noticing a few different things happening on this 1hr chart. We have broken out of a symmetrical triangle. For me, the measured move target is about $.078. I will also be waiting in the bushes to see if the bullish cypher (or another harmonic) develops. To me, this would be healthy as we would retest the trendline/channel and potentially take off from there. I also see some hidden bullish divergence on the RSI. Let's see what's in store for Doge! Owhooooo!
BITTREX:DOGEUSD
by Akamer-the-Werewolf
3
Dogecoin Cup and Handle****See my previous Dogecoin idea "My Doge Dream" and be sure to push the blue play button on the right side of the chart to see how my original call for a Doge Cup and Handle has played out.**** On the 4hr chart Doge seems to have formed a cup, so I'll be watching to see if a handle develops. If we do get a move down to form a handle then a break of the handle or the neckline could be a good long opportunity. I'll be looking for Doge to find support somewhere in the .786 to .618 range. If we move down below the .5 Fib of the cup and handle measured move then I would consider the formation undeveloped or invalid. If we get a break of the neckline after the handle forms then my target for Doge will be about $0.12. I'll be hiding in the bushes and watching to see what happens with Doge. Owhooooo!
BITTREX:DOGEUSD
by Akamer-the-Werewolf
9
Dogecoin Looking Tasty!I've been hiding in the bushes and watching Dogecoin. It could continue to limp along and consolidate, but it may be breaking out and looking for continued upside. I don't think the current momentum will allow a big move to the downside. For me, if we touch the ascending trendline that would be healthy and I would look to bounce up from there. The dashed trend lines on this 1hr chart show another way to potentially draw the triangle. What do you think about Dogecoin? Owhooooo!
BITTREX:DOGEUSD
by Akamer-the-Werewolf
12
Dogecoin Howling for the Moon!?This 4hr chart has me howling for the moon for DOGE! It looks like we have broken out after retracing to the .786 Fib. If a rejection happens at or around the .5 Fib I'd look for a solid bounce off the purple rising trendline. If we touch the purple trendline it could send Dogecoin into a parabolic uptrend to test resistance at the previous ATH. Here is a little more detail. We could be backtesting the .5 Fib as support. What are your whiskers telling you about Dogecoin? Owhooooo!
BITTREX:DOGEUSD
by Akamer-the-Werewolf
6