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FXMAG>Articles>Cryptocurrencies>Dogecoin Price (DOGE/USD) – Top-Down Analysis!
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Poland’s Strong Consumption and Investment Point to Robust Growth with Mild Inflation Outlook

Poland’s Strong Consumption and Investment Point to Robust Growth with Mild Inflation Outlook

Ukraine Peace Deal Hopes Weigh on EUR Inflation Swaps as Real Rates Hit New Highs

Ukraine Peace Deal Hopes Weigh on EUR Inflation Swaps as Real Rates Hit New Highs

Germany’s Economy: Three Years of Stagnation With Only Limited Signs of Recovery

Germany’s Economy: Three Years of Stagnation With Only Limited Signs of Recovery

Commodities Move on Geopolitics and Weather as Oil Rises, Gas Falls, and Nickel Faces Supply Risks

Commodities Move on Geopolitics and Weather as Oil Rises, Gas Falls, and Nickel Faces Supply Risks

USD Overvaluation Persists as Geopolitics Dominate and JPY Faces Intervention Risks

USD Overvaluation Persists as Geopolitics Dominate and JPY Faces Intervention Risks

Dogecoin Price (DOGE/USD) – Top-Down Analysis!

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Dogecoin Price (DOGE/USD) – Top-Down Analysis! | FXMAG.COM
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Table of contents

  1. on DAILY: DOGE is stuck inside a range in the shape of an inverse head and shoulders pattern.
    1. Read next: Meme coins: (SHIB) What Is Shiba Inu Token? Shiba Inu Coin Price. What Makes This Altcoin So Special? Clever Methods Used To Give High Crypto Returns | FXMAG.COM

DOGE is approaching a strong demand zone in green so we will be looking for buy setups

on DAILY: DOGE is stuck inside a range in the shape of an inverse head and shoulders pattern.

doge top down analysis doge is approaching a strong demand zone in green so we will be looking for buy setups grafika numer 1 ✕doge top down analysis doge is approaching a strong demand zone in green so we will be looking for buy setups grafika numer 1

Trigger => Waiting for a momentum candle close above the blue neckline to buy.

Read next: Meme coins: (SHIB) What Is Shiba Inu Token? Shiba Inu Coin Price. What Makes This Altcoin So Special? Clever Methods Used To Give High Crypto Returns | FXMAG.COM

Meanwhile, until the buy is activated, DOGE would be overall bearish and can still trade lower till the lower orange trendline.

In this case, we will be looking for buy setups on lower timeframes.

Good luck!

All Strategies Are Good; If Managed Properly!

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~Rich

Richard Nasr

Richard Nasr

- Full-time Trader, Coach, and Founder of theSignalyst with 400+ Students Worldwide.
- Founder of RichTL, which is the first and only indicator of its kind to help traders make Objective Technical Analysis.
- TOP author on TradingView platform
- NewsCrypto.io Ambassador and Educator
- Featured on Influencive as one of the TOP 10 Forex Mentors in 2021
- Featured on many websites like Yahoo!, Market Watch, and Digital Journal

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