dogecoin target 1. Ichimoku:
• Senko Span A and B: The Kumo cloud indicates that the price is currently in a bullish zone.
• Tenkan-sen and Kijun-sen: A positive cross between these lines suggests a potential bullish trend.
• Lagging Span: Positioned above the price chart, confirming the upward trend.
2. Levels:
• Target 1 (1.92%): The first nearby resistance. If broken, the price may move toward Target 2.
• Target 2 and Target 3: The next resistance levels are at 2.10% and 2.13%, respectively.
• Gold Target (2.39%): A major resistance level, breaking which would confirm a strong bullish movement.
3. Supports:
• The first key support is at 1.87% (aligned with the Ichimoku base line).
• A lower support is at 1.75%, where a potential bounce could occur if the price declines.
4. MACD:
• The histogram is positive, indicating buying pressure.
5. Conclusion:
• Breaking the 1.92% resistance would confirm a bullish trend.
• In case of a pullback, the 1.87% support is critical.
• Trade volume should be monitored to confirm the strength of the trend.
DOGE.D trade ideas
Dogecoin Dominance Bottoming out.The Weekly chart for DOGE.D shows ready to finally make a move into bullish territory for the first time since Spring of 2021.
The RSI has plenty of room to move up.
To me this looks good for Doge, if the markets continue to move down, I will guess Doge does not move down as much.
Or, alternatively, if the markets stabilize/go up I think Doge could really be ready to move up significantly more than other coins.
Does doge coin correction finished?1-pullback to broken Resistance is completed(yellow zone)
2-Rsi at weekly chart is above 50
3-doge coin dominance is closed to falling dynamic line and ready to break up at bullish scenario
are these facts are enough to buy? it depends on traders risk management in this case im looking for rsi break up at daily chart also for dominance.in other hand its need the volume to increase whilst the price rise. but in other view of aspect ,nobody knows whats going on at mr market makers mind. hence make your own logical decision retail traders. nothing last for coward in crypto market either for panic traders.
"not suggested to sell or buy"