Dogecoin Price Technical Analysis for 25/2/2015 - Attacking Support

Dogecoin Price Technical Analysis for 25/2/2015 - Attacking Support

Dogecoin price traded between 52 and 62 satoshis on Hitbtc throughout yesterday's trading sessions, yet on Cryptsy, the price ranged between 59 and 60 satoshis. Let's take a look at the 4 hour Hitbtc (DOGE/BTC) charts from tradingview.com and plotting the William's Alligator indicator accordingly (look at the below chart). We can notice the following: Dogecoin price has been testing the rising support trend line that we plotted during last week's analysis. However, whenever a bearish candlestick takes price below that level, the following candlestick is always bullish and takes the price....


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Dogecoin has undergone a massive correction of roughly 10% in the past 24 hours, with the price nose-diving from 49.8 satoshis to 45.1 satoshis. As a result of this fall, Dogecoin has neared the floor of 43 satoshis, which if cracked, could lead to a severe collapse in the price. But, will it? Let us find out with the help of technical analysis below. Technical analysis implemented on the 240-minute Dogecoin/Bitcoin price chart reveals that bears are pouncing on every opportunity to jettison Dogecoin en masse. The support of 43 satoshis may well give way to a lower ground, if bulls....

Dogecoin Technical Analysis for 22/4/2015 - Kissing the Floor

Dogecoin hasn't been able to recover from the negative price shock it received yesterday - the cryptocurrency came down with a thud from 50 satoshis to 46.3 satoshis - and is currently trading near 1-week lows. I had earlier mentioned that maybe it's best to sell now and go away until depressed levels of Dogecoin are seen. I still maintain that the crypto coin might depreciate in value going forward. Currently, Dogecoin is trading down 1.875% or 0.9 satoshis at 47.1 satoshis from yesterday's observation. An analysis of the 240-minute Dogecoin/Bitcoin price chart above reveals information....

Dogecoin Price Technical Analysis for 1/3/2015 - Going Down

Dogecoin price dropped yesterday to trade between 56 and 58 satoshis on Hitbtc, while on Cryptsy, dogecoin traded between 55 and 58 satoshis. Dogecoin price fell below the rising support level we plotted during our earlier analysis. By studying the 4 hour hitbtc (DOGE/BTC) charts from tradingview.com and plotting the William's alligator accordingly (look at the below chart), we can conclude the following: Dogecoin price now is lower than the 3 moving averages of the William's Alligator indicator which reflects the overall bearish pattern of the market at the moment. The alignment of the....

Dogecoin Price Technical Analysis for 9/4/2015 - Holding Ground

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Dogecoin Price Technical Analysis for 16/2/2015 - Time: The Beginning!

As of today, I will start doing a daily dogecoin price technical analysis, so it is rather wise to set up resistance and support levels that will guide us through our analysis during the upcoming couple of weeks. Dogecoin price increased from 59 satoshis to 61 satoshis yesterday. Although the price dropped to 56 yesterday, the bears didn't manage to keep the downtrend rolling to keep the price down. Yesterday's market behavior proves that the 52 satoshi level is supporting the price well, as shown by the long downwards shadows of the candlesticks corresponding to today's and yesterday's....