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Weekly forecast Dogecoin technical chart
Symbol DOGEUSD
Trade Setup

#DOGEUSDT
Total Profit: 41100 pip (206%)
Closed trade(s): 12360 pip Profit (62%)
Open trade(s): 28740 pip Profit (144%)

Trade Setup:
We opened 8 BUY trade(s) @ 0.19820 based on 'Valley' entry method at 2021.07.21.

Closed Profit:
TP1 @ 0.23000 touched at 2021.07.26 with 3180 pip Profit (16%).
TP2 @ 0.29000 touched at 2021.08.12 with 9180 pip Profit (46%).
3180 (16%) + 9180 (46%) = 12360 pip (62%)

Open Profit:
Profit for one trade is 0.24610(current price) - 0.19820(open price) = 4790 pip (24%)
6 trade(s) still open, therefore total profit for open trade(s) is 4790 (24%) x 6 = 28740 pip (144%)

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateSeptember 11, 2021 - 16:54
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 0.16000 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • A peak is formed in daily chart at 0.32000 on 09/06/2021, so more losses to support(s) 0.23000, 0.17000 and minimum to Major Support (0.16000) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 40.

Take Profits:

  1. 0.23000
  2. 0.29000
  3. 0.37000
  4. 0.43000
  5. 0.51000
  6. 0.59000
  7. 0.74000
Click on the level to view price action history.

Symbol Released Current Forecast
Dogecoin (DOGEUSD) new free Sun, 17 Mar 2024
Dogecoin (DOGEUSD) free Sun, 10 Mar 2024
Dogecoin (DOGEUSD) Mon, 4 Mar 2024
Dogecoin (DOGEUSD) Sat, 10 Feb 2024
Dogecoin (DOGEUSD) Sun, 4 Feb 2024