DOGE-1
Dogecoin (DOGE) TO DA MOON! - 2024TO DA MOON!!
All jokes asides, Doge is peforming exceptionallywell, previous Resistance has been broken at: $0.11. New Level of Support has been formed at= $0.15. Not much next Resistance levels now ahead.
Current target set at= $0.28 which basically will be the "NEW" Level of Resistance until the next key levels.
Trade with caution with meme coins, expect high volatility within the ranges of the key levels I have provided shown from the chart TA.
Despite being a meme coin, DOGE has a very high Marketcap of $23Bil. Huge amount of 24hr trading volume too which is insane. It's a stable meme coin, but it's here to stay in the crypto space! :D
LTCN Litecoin Grayscale Trust Parabolic Move Starting Now!As you can see from the chart LTCN has very little resistance from $28.50 to CSE:TO 95 dollars. Once LTCN gets above $28.50 and closes above prefereably on a daily then its game on in my opinion. Next stop would be $95 and then $200 both areas of probably light resistance. The heavier resistance comes in at the prior all time high at $458. The move to $90 could happen very quickly and then from $90 to 200 even faster. I cant predict the timing but it could be as fast as a couple weeks and maybe up to 1.5 months. I think some where in between based on prior moves LTCN has made.
Good luck out there my friends. Check out my Litecoin analysis as well I am updating daily. Also if this adds any value to you please like it and follow me for future updates. Thank you
Riding the DOGE Wave: Buy Signal for DOGEUSD 1H - 1:3 RRRIn this trading strategy, we explore a potential long position opportunity for the DOGE/USD currency pair on the 1-hour timeframe. By combining the insights from key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim for a favorable risk-to-reward ratio of 1:3.
Indicators:
EMA200: The EMA200 acts as a crucial indicator of the long-term trend direction. A rising EMA200 suggests a bullish bias in the overall trend, providing confirmation for potential long positions.
MACD Trend: The MACD indicator helps traders gauge the strength and direction of the trend. A bullish crossover (when the MACD line crosses above the signal line) or divergence from the price action signals potential upward momentum, aligning with our long position strategy.
Supertrend: The Supertrend indicator serves as an effective tool for identifying entry points in alignment with the prevailing trend. When the Supertrend line changes its color from red to green, it indicates a shift from bearish to bullish sentiment, presenting a potential entry signal for long positions.
A Bounce Back or Further Dip?DOGE is currently presenting a compelling technical setup on the 4-hour chart. The price of Dogecoin has recently pulled back to 0.019944, after approaching a dynamic resistance trendline that has been guiding it for some time. The chart indicates that Dogecoin has also retreated from a resistance level that was based on previous price actions, which suggests that this area is significant for traders.
The Bollinger Bands (BB) indicate that the price has retreated from the upper band, which often acts as a dynamic resistance, and may potentially test the lower band at 0.18463 as a support level. If this level holds, it could be a sign of resilience in Dogecoin's price.
The MACD histogram shows negative momentum (-0.00266), with the MACD line slightly below the signal line, indicating a potential slowdown in the upward trend or a beginning of a short-term downtrend. Meanwhile, the Stochastic Oscillator (%K at 11.53) is signaling that the coin is currently oversold, which often precedes a potential reversal or at least some consolidation.
The RSI at 49.40 is nearly in the middle, which suggests that Dogecoin is neither overbought nor oversold in the broader context. However, the proximity of RSI to the 50 mark may indicate a lack of decisive momentum in either direction, and the RSI-based Moving Average is significantly higher, showing that the recent trend has been more positive.
Bringing these indicators together, Dogecoin is showing signs of a short-term downward pressure while still within the context of a larger uptrend. Traders may be watching to see if the local support can hold for a possible bounce back or if the price will continue to seek lower levels for stronger support. Given the oversold condition suggested by the Stochastic Oscillator, there might be an opportunity for buyers to step in, provided that broader market sentiment and volume support such a move.
DOGE Fractal: Following THIS Pattern? 📉Hi Traders, Investors and Speculators of Charts📈
Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here):
Doge has been following an interesting pattern recently in the daily timeframe - Elliot Waves. We see the 5 impulse waves up (wave1-5) followed by the abc correction waves. Then we have a period of range bound trading finally before the next wave1-5 starts. Here's where it get's technical in terms of the wave fractal:
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CryptoCheck
BINANCE:DOGEUSDT
Bitcoin Irregular Expanded Flat Fractal Straight Up 90kJust an idea, I noticed Bitcoin played out a fractal similar to the previous bull run top. If Bitcoin plays out this fractal then a straight shot to $90k could very well be in the cards. Obviously on the higher time frame it will be a little slower action that on the daily we just had but none the less it would go up pretty fast. I believe the current rally we are having is the first wave of a massive, massive bull run coming for Bitcoin. I think this run is going to go up so fast it will literally leave everyone behind that is waiting for new lows or even on the sidelines. When this thing goes it could make 50% moves up in a single day. Most people arent prepared for that and with all these exchanges ceasing operations in USA, almost one a day now, most people wont even be able to get in or get out at the top. Oh you got Coinbase App? Good luck, look at the history of Coinbase, their site goes down when things get crazy almost every single time, so by the time you get in Bitcoin on Coinbase Bitocoin may well be at 100K or more. Coinbase also cancels orders if it goes up to fast and refunds your money. If you are waiting on the sidelines make sure you have more than one avenue to get and get out so you're not left behind.
I dont know guys I see a giant bond collapse coming, and hyperinflation to try and prop up this giant house of cards, which wont work this time. Keep an eye on the Euro. When the Euro starts to tank the USA is maybe a week behind. Also watch silver, when silver starts going up $5 a day just know that shit has hit the fan and the collapse of the USA dollar and all the western republics is very near. Make sure you have some silver if you dont already just as money so you can buy what you need because no one will accept the US Fed Note Dollar. Good Luck out there. This is not financial advice this is just my opinion.
Can doge reach 1$ soon ? DOGE / USD
Very interesting chart to see !
Price is showing a similar pattern from the last 2 cycles
According to previous date the price usually touch the main trendline about 3 time inorder to breakout so if we will repeat that, the big breakout should happen next months
Doge is always doing big move in bull market
Can we see Doge above 1$ this cycle ?
Best of wishes
DOGE - Following BTC FRACTAL?🚀📉Hi Traders, Investors and Speculators of Charts📈
Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action.
Doge has been very profitable so far. Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here):
As BTC trades sideways/rage, we can expect to see altcoins play catch-up. From a correction perspective, this was the drawback for each coin during the corrective wave:
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BINANCE:DOGEUSDT COINBASE:BTCUSD
DOGE can ascend further!Hi
COINEX:DOGEUSDT
Today, I want to analyze DOGE for you in a weekly time frame so that we can have a mid-term view of DOGE regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
DOGE formed a rounding bottom on weekly timeframe🤔
Up we go if we do breakout
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
- Rounding Bottom
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
On large time frame charts when using Fibonacci ratios...Hello traders!
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Have a good day.
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(DOGEUSD 1M chart)
To understand the overall wave, we analyzed it using TradingView's charts.
The key is whether the price can be maintained by rising above 0.22393, which is the upper point of the box section of the HA-High indicator.
Accordingly, we need to check if it is supported and can rise around 0.707 (0.20689) to 0.786 (0.22377).
Due to this rise, it is expected that a new HA-High indicator will be created next month.
If that happens, an important question will be whether it can be supported and rise in the newly created HA-High indicator.
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(DOGEUSDT 1M chart)
Currently, the HA-High indicator is formed at 0.13377.
(1W chart)
The area around 0.5 (0.15983) to 1 (0.26667) corresponds to the psychological resistance zone.
Accordingly, the key is whether the price can be maintained by rising above 1 (0.26667).
If it rises above 1 (0.26667), it is expected to rise to around 1.618 (0.39871).
(1D chart)
The key is whether it can receive support around 0.21597 and rise.
If not, you should check for support around 0.20420.
If it falls below 0.20420,
1st: 0.618 (0.18505)
2nd: 0.5 (0.15983) ~ 0.17001
3rd: 0.13377
You need to check whether you receive support around the 1st to 3rd positions above.
If it falls below 0.13377, it is expected to turn into a downward trend.
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Depending on whether it receives support or resistance at the Fibonacci retracement rate point, you can predict whether it will rise by two levels or decline.
Accordingly, if it meets resistance and falls near 0.786, you can expect it to fall to around 0.618 or rise to around 0.886, depending on whether it receives support or resistance around 0.707.
However, Fibonacci has the disadvantage of having to specify a selection point, so if the selection point is specified incorrectly, erroneous results may be obtained, so it is recommended to draw on a time frame chart as large as possible.
This is because I believe that only then can the waves generated by fakes or whipsaws be filtered out.
If you plot Fibonacci on a time frame chart that is too large, you may find it to be of little use due to the intervals being too large.
However, I think there is no problem at all due to the nature of the coin market, which has large fluctuations.
Rather, I think it plays a more accurate role of support and resistance.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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Doge Short Term Levels to WatchDoge, the OG and beloved meme coin, is on our radar with some short-term levels to watch. In this bull market, dips have been golden opportunities and that trend's not slowing down. Thinking about swapping some long-term holdings like BTC/ETH into Doge? It could mean bigger returns. Here's an example: swap to doge, ride the Doge wave, then flip back to btc.
I’m optimistic about hitting the $1 mark for Doge, with the potential for it to surge 2x-3x higher, especially if Bitcoin continues its upward trajectory and its dominance diminishes, as it typically does after halving, ushering in the alt season.
Doge to the moon - Elon Musk
After hitting previous targets Doge now above invh&s necklinePrevious target was 21 cents which Doge has just recently hit and in doing so doge also create a larger inverse head and shoulder patterns which its price is currently above the neckline of now. Very possible the price dips back below the neckline once or twice before finally having the break above the neckline tat trigger the breakout of the inverse head and shoulders pattern, but as always its also possible it could validate the breakout on the current breach of the enckline. If it were to validate the breakout on this initial breach above the neckline, the next target woud be around 36 cents. *not financial advice*
An update on my dogeusd chart.Doge finally triggering the breakup from the tan channel after doing a fakeout the first time it got above the top trendline of the channel. Sizable pump that is already getting rather close to reaching the full target. We can also see that we have broken upward from the purple symmetrical triangle right at its apex which has an even high target. The current candle body resistance is also the top trendline of an even bigger triangle doge has been consolidating inside for awhile. We will have to break above it in order to hit the full target of the tan channels breakout, however it is still a good probability that once we hit the full target of the tan channel breakout, priceaction could then dip back down and still close inside of the bigger triangle pattern for awhile. Being at this almost hyperparabolic phase of the bull market though its also quite possible we retest the top trendline of the bigger triangle as support after hitting the full tan channel breakout target too, in which case doge would continue up from from here once it solidified that support and start working on validating the breakout of the bigger triangle.
DOGEUSDT: Primed for a Generational Rally - Prepare for Liftoff
"DOGECOIN enthusiasts are on the edge of their seats as indicators suggest a potential generational rally, poised to catapult the meme-inspired cryptocurrency to new heights. With gains potentially reaching a staggering 33%, investors are advised to approach with caution, prioritizing profit-taking strategies and diligent risk management. Implementing stop-loss orders is paramount to safeguard against sudden market fluctuations. For those seeking expert guidance and precision timing, consider following a premium signal channel for sniper-like entry points. With meticulous planning and proactive measures, investors can seize the opportunities presented by DOGECOIN's impending surge while mitigating potential downside risks."