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dogeusd Ideas

Riding the Cryptocurrency Wave: Navigating the Complete Cycle

Explanation of the Current Analysis: My analysis of the Dogecoin market follows a 5-wave uptrend and is currently following a 3-wave correction pattern and an 8-wave cycle to complete and continue the bull market. Note: I am a new analyst in the world of wave principles with three years of experience, and I am developing an analytical idea. There is no 100% certainty in financial markets due to the complexity of various patterns that can change. However, I do my best to back up any analysis I share with you guys with everything I've learned so far. Brief Explanation of the Three Fundamental Laws...

By NovaX
Updated 2 weeks ago
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Dogecoin Analysis: Overview & Potential Price Scenarios

```html The 1D TF chart for Dogecoin shows that the price is currently oscillating between significant Fib levels of 0.382 at $0.16154 and $0.17103, which are being tested as support and resistance. Additionally, the price is situated in the middle of the Ichimoku, indicating uncertainty and the potential for sideways movement. Yesterday's candlestick formed an Inverted Hammer Pattern, a Bearish Signal, while today's candlestick is forming a Hammer Pattern, a Bullish Signal, further confirming market uncertainty. Key support and resistance levels play a crucial role in determining the future direction of the price. The support level at $0.15313 (0.5 Fib) is critical. If the...

By NovaX
Updated 3 weeks ago
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Dogecoin Chart Analysis: Inverse Head and Shoulders Pattern Signals Potential 30%+ Price Surge

This move carries high risk due to conflicting ideas about Bitcoin potentially experiencing a significant downward movement. However, the chart shows an inverse head and shoulders pattern forming, indicating a breakout is underway. Sustained pricing above the trendline could lead to a test of upper resistance levels. I anticipate this movement to occur within the next few days. If the scenario doesn't materialize by Sunday, I may consider closing my long position. Excited to see how this unfolds.

By NovaX
Updated 3 weeks ago
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Taking DOGE to Mars: Elon Musk’s Cryptocurrency Journey

DOGE received a significant boost during the last FOMO episode. As the Crypto Markets gear up for the next upswing, I believe DOGE has the potential to surge once more. This canine-themed token made it to the Moon, and now with Elon Musk's support, it might just reach Mars. Personally, I am looking to acquire some Dogecoin within the $0.03-$0.01 range. In terms of technical analysis for DOGEUSD (DOGEUSDT, DOGEBUSD), indicators suggest the following: Elliott Wave Impulse: Cycle A (white), Elliott Wave Correction: Primary A-B-C (red), Ending Diagonal: Primary C (red), Bullish Divergence, Demand Zone, 88.6% Fibonacci Retracement, 61.8% Fibonacci...

By NovaX
Updated 3 weeks ago
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Bitcoin Price Plummets Amid Geopolitical Tensions, Initiates Promising Recovery

Bitcoin experienced a drop on a 30-minute chart following reports of Israeli retaliatory strikes on Iran's military and industrial infrastructure. Despite the tension, Iraq has not responded yet. The price had been trading steadily around $64,000 before plummeting to around $60,000, only to recover to nearly $62,000. This dip presents a potential opportunity to purchase BTCUSD at a 3-4% discount as we approach the halving period. I plan to increase my long position, viewing this as a chance to either average down or establish a strong foundation for the anticipated price surge. My initial profit-taking target for 10% of the...

By NovaX
Updated 2 months ago
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Comparing DOGE and ETH: Which Cryptocurrency Will Reach the Moon First?

MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. DOGE broke out very big from my last video , its not too late to get on board. It will have a nice move in very near future but watch the video to find out when it can moon. Very important information. It has very good structure and price action. Similar to Ethereum last bull market, it's a moon structure. Please watch the video for more information. Have a great weekend.

By NovaX
Updated 3 months ago
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