EASYMARKETS:DOGUSD
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A potential ABC - Cup pattern formation scenario
TFW - current multiple falsebreak below 161.8% extension - a sideway / sideway down movement implication
> RSI convergence signal supporting wave 3 status
> Projecting wave 4 at rounding cup support level, possible 20 week moving average and 100% fibonacci support zone.
> Targeting wave 5 at 361.8% fibonacci...
DOGE is completing flag pattern with target 0.64 and there is also broken triangle with target 0.43, plus here is hidden bullish divergence on daily chart.
#DOGE/USDT
Dogecoin is currently trading within a symmetrical triangle pattern💁♂️
Closely monitor the price action near the dashed resistance for buy entries🔍
In the event of a breakout above the triangle, upside targets are $0.225 and $0.290🎯
Hello! Consistent higher lows over the past 4 days.. that feels bullish! Looking for a retest of resistance around $.20…. And then the fun starts!
Let’s go DOGE!
Oh… dont mind BTC going over the edge of a cliff on the bottom right…. That should result in a massive move over to the coin of LOVE (doge) as everyone realizes the “buy the rumor, sell the news”...
Looking at a downtrend reversal break out of our nested falling wedge pattern. Added strength coming from our higher time framed wedge completing a 3 wave correction of our 03/20-03/29 rally. 10,20 over 50 EMA should push up past our first neckline resistance @.1582 sitting at our .382 retrace. Reaching up at our 200 EMA, in a successful price crossover we're...
Doge has had near clinical growth since its release. if it stays true to form then next targets shown.
If doge gets added utility prices could be insane.
Money tends to flow back to trusted projects once everyone is sick of the rugs and scam coins.
Similar growth pattern seems to appear on XLM & XRP also, so could be worth watching
Yes i know my charts a mess :)
Looking for a lower low - the bounce off the low so far doesn't seem impulsive and I also want a better add price :) I'm expecting this to happen in and around end of April.
UPDATE! It was bound to happen on 4/20 which is also considered to be #DogeDay so it is pumping hard rn. If you missed the boat, you missed it. Now we're looking stay above the $16 for the next leg up.
Doge showing a knife don't get poked by the falling knife. Struggling to hold that $16-$15 range. Double top into a falling wedge back to retest at around .12 HAPPY BITCOIN HALVING!
Traders seeking to chart the course of Dogecoin through its intricate price structure must be keenly aware of the delicate balance depicted on the daily charts. The marriage of Japanese candlestick analysis with the more subtle nuances of technical chart patterns paints a detailed canvas for speculation.
Candlestick Analysis:
The latest candlesticks reveal a...
Well, here we go!
Green trace is new today… I’ve been looking for a more neutral, sideways projection to show up.. and this feels pretty good, in contrast to the potential bearish moves in pink and red.
The daily candle RSI is already reset, and i would anticipate a bullish cross in the MACD up top to confirm, but i do believe we established a pretty long wick...
In Elliot wave principle analysis - Triangle is a figure of a trend continuation. It always occurs in a position prior to the final actionary wave, in the pattern of one larger degree.
I.e as a wave four in an impulse, wave B in an A-B-C, or the final wave X in a double or triple Zigzag. A triangle may also occur as the final actionary pattern in a corrective...
