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Weekly forecast Dogecoin technical chart
Symbol DOGEUSD

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.1168 to 0.1105). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (0.1168)
  • Ending of entry zone (0.1105)

DateMay 8, 2022 - 08:52
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.08770, beginning of uptrend is expected.
  • We make sure when the resistance at 0.17950 breaks.
  • If the support at 0.08770 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A peak is formed in daily chart at 0.1795 on 04/05/2022, so more losses to support(s) 0.1168, 0.1105 and minimum to Major Support (0.0877) 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 43.

Take Profits:

  1. 0.1367
  2. 0.1580
  3. 0.1795
  4. 0.1957
  5. 0.2305
  6. 0.2643
  7. 0.3001
  8. 0.3391
  9. 0.4323
  10. 0.5149
  11. 0.5901
  12. 0.7360
Click on the level to view price action history.

Symbol Released Current Forecast
Dogecoin (DOGEUSD) free Sun, 24 Mar 2024
Dogecoin (DOGEUSD) free Sun, 17 Mar 2024
Dogecoin (DOGEUSD) free Sun, 10 Mar 2024
Dogecoin (DOGEUSD) Mon, 4 Mar 2024
Dogecoin (DOGEUSD) Sat, 10 Feb 2024