DOGE update!

11 Nov 2024

If you check the possibilities, you'll see we have a support at $0.29900 and around $0.25 depends on if the first support will hold. I expect DOGE to have some pullback if we get rejected at 33 cents.

15 Nov 2024

Dagangan aktif

Based on the charts you provided, here are some insights to consider for finding a good entry point:
1. Daily Chart (1D):
• The price recently experienced a pullback from its recent high at $0.43744 and is now consolidating around $0.36161.
• The RSI is in a high range (above 70), which suggests that the asset was overbought, but it’s now cooling off as it nears the 50 level, which may indicate a potential correction zone.
• The 10-day moving average (around $0.30481) and the 20-day moving average (around $0.23433) are potential support levels if the price continues to pull back.
2. 4-Hour Chart (4H):
• The RSI on the 4-hour chart is around 43.71, which is closer to neutral but indicates the recent bearish momentum may be easing.
• The price dropped below the 20-period moving average, suggesting further downside might be possible. Watch for support near $0.35230 (the recent low).
• If this support holds, it could signal a consolidation period, which may be a potential entry area.
3. 1-Hour Chart (1H):
• The price found temporary support at $0.35230 and is currently attempting to stabilize around this level.
• The RSI on the 1-hour chart is around 43.12, indicating that selling pressure may be weakening.
• The MACD is showing signs of a potential bullish crossover on the hourly chart, which could indicate short-term upside.

Suggested Entry Points:
• Near $0.35230: This level has shown support in the short term. Waiting for a confirmed bounce off this level could provide a low-risk entry with a closer stop-loss.
• Around the 10-day Moving Average ($0.30481): If the price experiences further pullback, this level could act as a stronger support, especially given its alignment on the daily chart.
• Confirmation of a Bullish Signal: Look for a bullish crossover on the MACD or a bounce in the RSI from oversold levels to validate an entry, especially on the 4-hour or daily time frames.

Stop-Loss and Risk Management:
• Consider setting a stop-loss slightly below the support levels you choose to enter at (e.g., below $0.35230 or below the 10-day MA) to manage downside risk.
• Monitor trading volume; higher buying volume around support zones may indicate a stronger chance of a bounce.
These entry points are based on technical indicators, so remember to keep an eye on market sentiment and any potential news that could impact the price direction.

17 Nov 2024

Dagangan ditutup: sasaran tercapai

Panic sell started and small traders started selling. From now, it is your decision that when you enter the market.
I am in this market since 2018 and learned a lot but no one tells you how do it. I am not in the position to tell you either. But what I learned and I am following is some actions that I listed below.

1. Do not trade emotionally.
2. Do not fear and do not panic.
3. If you buy the coin do not panic when the market is negative.
4. If you trade features do not play with short positions as they are more technical. I lost a lot on short positions.
5. Do not go over 3x on long. To reduce your risk go with 2x.
6. NEVER EVER be greedy.
7. NEVER EVER be greedy.
8. NEVER EVER be greedy.
9. If you think to increase your profitability by buying when the price is down and selling when the price is up, do it, but remember you are not witch to predict the market next move. So what I learned so far is, to sell some portion of my position when my entry price is very low and if I made a mistake I take my lesson and move forward.
10. Do not forget items 6, 7, and 8.

Now, the market will continue moving upward, but until then we need to see some break out. For the next week or so we might see some downward as earlier told you the panic sell started. But be patient and make decision based on your situation. No one can tell you what is the best for you.

17 Nov 2024

Nota

If you are looking for highest possible number that DOGE can hit in this bull-run, consider a couple of things.
Other analyzers show the market history with lines, drawings, fibonacci levels, etc., so did I. But recently, I looked at the charts and the market's history differently. In 2017, when Trump became a president, market pumped heavily. Then in 2021 market pumped with some differences. In my eyes, it pumped less than 2021 at list for BTC, ETH, XRP, and ADA that I remember.
This time, as Trump returned as the president (a pro-crypto leader) plus having famous faces around. We can expect another heavy pump in crypto market but choose your exit target from now. Again, do not be greedy!