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Weekly forecast Dogecoin technical chart
Symbol DOGEUSD
Trade Setup

#DOGEUSDT
Total Profit: 34680 pip (176%)
Closed trade(s): 12360 pip Profit (62%)
Open trade(s): 22320 pip Profit (114%)

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 0.23540(current price) - 0.19820(open price) = 3720 pip (19%)
6 trade(s) still open, therefore total profit for open trade(s) is 3720 (19%) x 6 = 22320 pip (114%)

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.
DateOctober 14, 2021 - 07:28
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.16000, beginning of uptrend is expected.
  • We make sure when the resistance at 0.35000 breaks.
  • If the support at 0.16000 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 0.27000 on 10/06/2021, so more losses to support(s) 0.23000, 0.19000, 0.17000 and minimum to Major Support (0.16000) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 51.

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) Sun, 14 Apr 2024
Dogecoin (DOGEUSD) free Sun, 7 Apr 2024
Dogecoin (DOGEUSD) free Sun, 31 Mar 2024
Dogecoin (DOGEUSD) free Sun, 24 Mar 2024
Dogecoin (DOGEUSD) free Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on DOGEUSD.