DOGE-1
🚀🐕 DOGE Breakout Trade Setup! 📈🚀📊 Analysis:
Bullish Momentum: DOGE has shown bullish momentum over the past few weeks.
Current Resistance: Current resistance at $0.20500.
Breakout Opportunity: Look for a breakout above this level for a potential spot long trade.
📈 Trade Plan:
Entry: Enter on the breakout and retest of $0.20500 resistance, with confirmation of a 4HR candle close above.
Take Profit: Targeting profits at $0.32 - $0.35 or higher towards $0.50 - $0.60.
Stop Loss: Place stop loss just below $0.18 to manage risk.
💡 Note: Monitor price action closely for confirmation of the breakout and adjust strategy accordingly! Stay alert for any market developments. 🚨📊 #DOGE #BreakoutTrade 🐾📈
DOGE / BTC … possible ?DOGE / BTC
Doge is pumped by almost 50% since sharing my previous idea against USDT
TODAY we can see it tries to breakout on BTC pair too on weekly chart !
Also on weekly RSI we can see trying to breakout :
Is this a legit breakout !?
Lets monitor the price action by seeing how the next weekly candles will close
Dogecoin Rockets 20%: Unveiling the Forces Driving DOGE's SurgeDogecoin ( CRYPTOCAP:DOGE ), the beloved meme-inspired cryptocurrency, has once again captured the spotlight with a staggering 20% surge, defying market trends and sparking excitement among investors. This surge comes amidst anticipation for its listing on Coinbase Derivatives, marking a pivotal moment for Dogecoin's evolution from internet meme to mainstream asset. Let's unravel the key factors propelling Dogecoin ( CRYPTOCAP:DOGE ) to new heights and explore the implications of its meteoric rise in the cryptocurrency landscape.
Coinbase Listing Anticipation:
The announcement of Coinbase Derivatives' intention to introduce cash-settled futures for Dogecoin by April 1 has sent ripples of excitement throughout the cryptocurrency community. This move signifies a significant shift in perception, as Dogecoin ( CRYPTOCAP:DOGE )transitions from a whimsical internet phenomenon to a recognized asset within the crypto industry. The anticipation surrounding the Coinbase listing has fueled bullish sentiment and heightened interest in Dogecoin, underscoring its growing acceptance and relevance among institutional players and retail investors alike.
Meme Coins and Whale Activity:
Dogecoin's recent surge is not only a testament to its enduring popularity but also reflects broader trends in the cryptocurrency market. Meme coins, characterized by their playful branding and widespread appeal, have emerged as a captivating trend, with Dogecoin leading the pack. The surge in whale activity, observed through significant on-chain market dynamics, further reinforces bullish sentiment surrounding Dogecoin, highlighting the significant influence of large holders in shaping market trends and driving price movements.
Market Performance and Trading Status:
Despite its origins as a meme-inspired asset, Dogecoin ( CRYPTOCAP:DOGE ) continues to demonstrate resilience and attractiveness to investors. With a current price of $0.2138 and a robust 24-hour trading volume of $6 billion, Dogecoin's performance defies market volatility, maintaining a live market cap of $29 billion. Long positions dominate the futures market, signaling prevailing bullish sentiment among traders and instilling confidence in Dogecoin's future prospects.
Key Drivers of Dogecoin's Surge:
Elon Musk's involvement in Dogecoin's resurgence cannot be overlooked, as evidenced by his recent licensing approvals for running a payment service on his X social media platform. The integration of Dogecoin into the X payment platform holds promise for broader adoption and increased utility, driving optimism among investors. Additionally, positive market indicators such as record-high open interest in Dogecoin ( CRYPTOCAP:DOGE ) futures and bullish fractal patterns from 2020 further fuel speculation of a sustained upward trajectory for Dogecoin's price.
Technical Outlook
Dogecoin ( CRYPTOCAP:DOGE ) has been on a bullish momentum since yesterday Wednesday, with a Bullish Relative Strength Index (RSI) of 71 indicating a strong Overbought condition or a continual trend. Further validating the bullish nature, the meme coin is trading above the 200, 100, and 50-day Moving Averages. respectively.
Doge Megabull targets $2-3 by November 2025 - Up to 3,000% gainsHi everyone!
Today, lets dive in the technicals and boom and bust cycles of Dogecoin:
Short-term:
Doge will likely for the rest of the 2024 year remain in sideways and bound in the wide range delimited with the:
Support block (green box) at: 0.056-0.036; and,
Top resistance block (red box) at: 0.11-0.16c.
In the incoming days / weeks, I am expecting doge to rally (a bit similar to the blue fractal as reference) towards the top resistance block (red box) at 0.11-0.16c which would be a great opportunity to take a little profit off the table there. There is a chance that doge retraces down from that resistance block to the 0.07c support block again which would be a great rebuy in 2024. I do not anticipate lower target unless there is a black swan even, but I do not expect any currently.
Midterm:
There are clear patterns that repeat across Crypto on altcoins which I always point to for those familiar with my charting and in this case doge is clearly displaying those bottoming bull reversal patterns although still unconfirmed:
(1) Basing with a double bottom at 0.056-0.036c
(2) Rounding bottom (half blue circle)
Long-term:
Dogecoin has still not broken the top resistance block (red box) at 0.11-0.16c and is still very far from breaking the previous ATH at 0.74c~.
So buying know at 0.088c (see the WE ARE HERE arrow) is still considered an extremely cheap entry and you could still make a whopping 3,000% in gains if my 2025 forecast plays out as expected and we see Dogecoin top at either T1: $2 or at T2: $3 by October 2025 through December 2025.
Looking further ahead at the next bear market of 2026-2027 and based on the repetitive boom and bust cycles of doge and crypto, we could expect the final bottom to shape a nice rounding bottom bull reversal and double bottom buying opportunity at 0.61-044c!
Closing Notes:
This multiyear Dogecoin chart is my attempt at forecasting the action of doge for the next 4 years and will be updated regularly.
Please give a like and follow to this chart if you appreciate this chart and the work put behind it.
Best of luck and happy trading!
Carl M.
DOGE Technical Analysis and Trade Idea#DOGE #Dogecoin exhibits a bearish bias, highlighted by a decisive break of structure on the daily timeframe. Approaching a key resistance zone, the pair appears overextended. The accompanying video explores a potential selling opportunity if prioce action plays out as described in the video. Please note: this analysis is for educational purposes and does not constitute financial advice.
SHIB, IS IT TIME TO TAKE SHIB BEHIND THE BARN? PREP FOR DIPPotential SHIB trade.
Would look something like this if it was to occur.
Chances that it looks this clean (orange arrow) is not likely.
However, if price rides a steep trend down, and we catch some mega support under some previous support, we're likely to have a very favorable trade.
Basically, this chart is prepping for a potential drop on the yellow circle trend breaks. SHOULD we see a drop, there is no reason to panic, as theoretically, if you viewed this chart, you should be prepared to buy this dip.
Now, does it go as low as .000007 or can it hold .000009. IMO, it is more likely to favor the lower price target.
This price target catching (Maybe even on a wick, within the week, or day), implies favorable odds all the way over .00001
Should this dip not occur, the price targets and trends are still relevant, however, the chart is primarily for prep of the potential drop showing on the charts.
If we reject off our top price target in our trade window, we'd look to buy the dip right around .0000098, waiting to see if we catch more support and see some higher numbers building.
DOGE, king of memesDOGE, king of memes
Can Dogecoin Reach $1? Yes, but Only if This Happens
In the spring of 2021, meme-stock mania had taken over not only stocks, but the crypto market as well. Dogecoin's (CRYPTO: DOGE) price was going bonkers.
Today, it's the spring of 2024. The dog-themed cryptocurrency sits 74% below its all-time high (as of Monday, March 25), as investor interest has cooled off dramatically. But some of Dogecoin's strongest supporters are hoping that it can not only get back to its previous high-water mark, but exceed it and reach that coveted $1 per coin.
Can Dogecoin achieve this? Yes, it can!
🔥MEME Copy APT Before +300% Pump: Will It Happen Again❓🔥 MEME is a fresh altcoin on Binance and very popular Twitter account with 2.3M of followers. This is a very huge community which will pump the price after its pullback.
MEME can make a pullback by -60-70% and it should be a signal for you to pay the attention to this memecoin. Previously, Aptos, Worldcoin, Pepe, Shib (fresh altcouns) was pumped after such pullback by 100-400%.
💥 Altcoin with such audience and popularity as MEME will be a top gainer at a euphoria phase of a bull market.
like❤️ and follow
Doge to $.20 this week?Here are a couple of relevant traces fro the bullish channel. There was a pretty signature little swooping move that relate these patterns… then they are fit to the levels.
The blue one is the bearish bulls… showing a bigger correction. The white one then the bullish bulls.
Follow along for more, and check my previous analysis in the Related Idea link below for a bigger look!
Love, Doge!
BITCOIN, WTF TRENDS EDITIONBitcoin has some crazy trends.
But everyone says I'm crazy, so I've really got nothing to lose, haha.
Basically, everything is overextended, but not really.. if that makes any sense.
It puts bitcoin rejecting somewhere between now and 48k, and dropping to like 32k, which then has it returning to 54, which then has it going to like 12k, which then shows 120k.
How likely is this scenario? LOW. Very low, and even lower that it is similar to what I've drawn.
But also.. Not impossible.
So, here it is. IF it should happen like this, you'll be prepared to buy into some massive fear.
If it doesn't happen. Then trends and price targets are still relevant.
DOGE Dogecoin May Be In For A Deeper CorrectionShort term Doge looks like its in trouble. It looks like a big move down is imminent. Bearish pennant, bearish cross 50 over the 100. A significant move down in Doge and the whole market is about to happen in my opinion. I could be wrong and this is a fake out and we blast to the upside but look at Litecoin and what happened when the 50 crossed over the 100 just recently and now the 50 is crossing over the 200 on Litecoin. If Bitcoin drops to 50s then expect this to happen 100% and possibly even lower targets as the new people who just got in with their rent money sell at the bottom. Could be a fire sale if a person is in the right place at the right time. Not financial advice just my opinion , Good luck out there
A closure above the 100 SMA blue line and then the previous high on a 4 hour candle would invalidate this whole thing and Doge will continue its rally to crazy new all time highs. Im leaning towards a correction on this one.
WEAR AN EXTRA SHIRT IN CASE YOU LOSE THE FIRST ONE :)
DOGE launch codes:Hello,
Here we have highlighted the recent resistance vector, and are showing a piercing line and retest, which if holds, should propel us through our recent hi $.20 and beyond.
As discussed in my last post, linked below, $.69 is our next target, of course! :)
Go Doge GO! Run Boy! Love you!
Follow along for updates, and if you appreciate these ideas, you should try th lip balm we make at JTreeLife … it’s the best in the universe!
:)
DOGEUSDT - Confirmed Breakout - Enter on RetraceBINANCE:DOGEUSDT (4H CHART) Technical Analysis Update
DOGE is currently trading at $0.08319 and showing overall bullish sentiment after the breakout from the descending triangle pattern.
We are expecting the price to retrace back to the support line and once it hits the support we can enter the long position.
Entry level: $ 0.08091 - 0.08316
Stop loss level: $ 0.07473
Target 1: $ 0.08599
Target 2: $ 0.08958
Target 3: $ 0.9814
Target 4: $ 0.10733
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
Are we close to the end of Dogecoin's uptrend?✏️By examining the trend in the four-hour time frame, Dogecoin has the resistance range of the ceiling of the downward channel in the range of 0.1857-0.1785, and on the condition of maintaining and not registering any close candle time of four hours above it, it seems that the rate can reach The support of the bottom of the channel will decrease in the range of $0.1076, in the meantime, the support of the 78.6% Fibo will be seen at $0.1342.
Will Doge hit $.69 ?Hello,
Im curious... will we all agree on $.69 till the end of the month (pay day). Doge can get up there on this run, and then maybe he will move sideways to pick up that red support vector as the whole world gets on board. What would the lower end of that range be?? the white trace suggest $.25 cents... but that's not a very inspiring number. I like $.420 better for the low end of the next level of this game. and look how it lands at the implied vertex of all of these levels! Beautiful!
my advice to our doge fam... just don't panic. so If everyone sets their perspective bullishly when buying and selling.... we dont have to have massive corrections to gain support. It's up to us if we get scared or not.
This is a graph of emotion, tied to a representation of man's best friend...
What emotion do dog's invoke? !
hmmmm...
I heard funny things about LOVE... like it's an infinite force... powerful indeed... enough to overcome Fear & Greed? That is the journey from dark-to-light that each of us is on... overcoming our fears and moving our energy into the place of love with the perspective of abundance.
(that means set your rebuys above the last foot... maintain the higher lows... one step after another. that maintains the upward slope of the support vectors (bullish and not bearish)... until we get sideway to pick up the next support vector. and then we go for another run.
Doge run's, then walks for a rest just rest... But a good dog doesn't panic. got it?
...thats the plan... comment below if your on board with it, and lets go for a run!
-may all beings on earth be happy and free.