Be careful with DOGE !!!Perhaps this is a cup and handle pattern, and if that's the case, it could push the price up to around 90 cents.
Give me some energy !!
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The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DOGE-1
BTCUSD Daily Updated Outlook and V-Shape Recovery
🏆 BTC Market Update
📊 Technical Outlook
🔸Mid-term: BEARISH OUTLOOK
🔸Status: 40% correction in progress
🔸Potential V-shape recovery
🔸Similar fractal to 2021
🔸105 000 - 68 000 40% correction
🔸68 000 - 118 000 - 80% gains
🔸Price Target Bears: 68 000 USD
🔸Price Target BULLS: 118 000 USD
📉 Market Dynamics:
💰 BTC Pulls Back – Bitcoin corrects 🔻22% from its all-time high, but analysts see a potential rebound ahead. 📊📈
🏦 Institutional Power Play – MicroStrategy holds nearly 500K BTC at an average price of $66K, planning to buy more with a $21B stock issuance. 📉💎
🌎 Global Bitcoin Developments:
🇧🇹 Bhutan's Secret Stash – The country holds $750M in BTC, making up 28% of GDP, powered by hydro-mining. ⚡⛏️
⚖️ U.S. Crypto Regulations – Stricter rules under President Trump aim to integrate crypto into traditional finance. 📜🏦
🕵️♂️ Satoshi Mystery Continues – New theories emerge about Bitcoin's anonymous creator. 🤯🔍
Dogecoin - New All Time Highs Will Come!Dogecoin ( CRYPTO:DOGEUSD ) still remains bullish:
Click chart above to see the detailed analysis👆🏻
If you look at the chart above, you can see almost only green mark ups. That's because despite the recent drop, Dogecoin remains in a very bullish market and is overall clearly heading higher. If this break and retest now plays out, we will even see new all time highs in the future.
Levels to watch: $0.2, $0.5
Keep your long term vision,
Philip (BasicTrading)
DOGEUSD: This is why it can go to $2.00Dogecoin is bearish on its 1W technical outlook (RSI = 41.068, MACD = -0.006, ADX = 51.882) as it's trading under the 1W MA50. It did find however support on the 1W MA100 and that reminds us of the August-September bottoming period, which served as accumulation for the market, giving way to the post U.S. election rally. This chart shows DOGE's three Phases of Growth of the current Cycle. As the 1W MA100 holds, we have succesfully completed Phase 2 and have started Phase 3, which is technically the most bullish. The last Phase 3 topped a little over the 2.0 Fibonacci extension of Phase 1 bottom. This implies that a $2.00 TP by the end of Q3 is a technically achievable price.
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DOGE RUN IS OVER! TAKE PROFITS OR HOLD YOUR BAGS TILL 2025!Its clear that the doge run is pretty much over. DOGE is headed back down to $.05 and possibly lower over the next few years to maybe below 1 cent, till the next potential crypto run around 2025. These little pumps from Elon and friends is all just a joke so they can empty their bags and have the liquidity to do it while everyone else is buying in to these hypes. I said this weeks ago if you look at my other chart that this thing needs years to consolidate and correct. It outpaced the market in its run and went straight up and in this market anything that goes straight up comes straight down. Also there is no use case and DOGE is not being used, this is all a hype run and a get rich quick pump and dump. Once the rest of the market starts the next run up DOGE may have a bounce but only in dollar value as everything is pegged to Bitcoin but its BTC/DOGE ration will fall. If you believe in the tech then hold your bags and stop looking at the price. If you are just trying to make some money then this may be the time to get out and take profits if you haven't already or cut your losses if you bought in at the top. Good Luck.
If you have any questions or just appreciate this idea then leave me a comment. Follow me for frequent updates as well and if you have a chart you would like me to look at then let me know. Thank you all and good luck.
NOT FINANCIAL OR TRADING ADVICE JUST MY OPINION.
LUNC Luna Classic Is About To DieA lot of these tokens in the next couple years are going to bleed out to zero. With the new Bitcoin ETFs and big money in the space they arent buying Luna, or BNB, or name your coin. They are buying what regulators have allowed them to buy. So far thats only Bitcoin,Ethereum, Litecoin, and Bitcoin Cash. This next bullrun will be utility, and regulatory based for the big players.
People holding these tokens like LUNC are going to eventually dump. Luna will never go to even a penny never mind a dollar. Its looking extremely bearish to me. Maybe one more dead cat bounce before Luna falls into the shadow realms. LUNA wont be the only one suffering this fate either. This next bullrun and after is going to delete most of the crap out there. You'll always have the casino where people play hot potato with the meme coins that come out every minute of the day. Real money is not going into this stuff though. Good luck and I wish you all the best, hate to see LUNA get rugged a second time, that would be some serious salt in the wounds. Not financial advice.
Descending triangle and Stoch RSI pointed straight down.
DOGE has moves! ELON DO IT!DOGE and ELON has many similarities! They love to touch heights! DOGE looks bearish but when you are bearish, they tend to do the opposites! If you see it follows bearish path, the orange line happens but when you see into it deep inside it, the tested nPoC makes it somewhat like a shorts squeeze eating both sides!
Forex Trend Trading: A Complete Guide for Traders📊 Market Structure: Uptrend vs. Downtrend
🔼 Uptrend Market Structure (Higher Highs & Higher Lows)
Price makes higher highs (HH) and higher lows (HL).
Indicates buyers are in control.
Traders look for buying opportunities at key support levels.
Example Structure:
📍 HH → HL → Higher HH → Higher HL (trend continuation).
🔽 Downtrend Market Structure (Lower Highs & Lower Lows)
Price forms lower highs (LH) and lower lows (LL).
Sellers dominate the market.
Traders look for selling opportunities at resistance levels.
Example Structure:
📍 LL → LH → Lower LL → Lower LH (trend continuation).
📌 Steps to Trade Trends Effectively
1️⃣ Identify the Trend
✅ Use a higher timeframe (H4, D1, W1) to determine the major trend.
✅ Look for HH & HL (uptrend) or LH & LL (downtrend).
✅ Use trendlines, moving averages, and price action for confirmation.
2️⃣ Find Key Support & Resistance Levels
✅ Use previous swing highs and swing lows to mark key levels.
✅ Identify trendline support & resistance zones.
✅ Look for breakouts or retests for entry confirmation.
3️⃣ Use Technical Indicators for Confirmation
🔹 Moving Averages (MA) – 50 EMA & 200 EMA for trend direction.
🔹 RSI (Relative Strength Index) – Overbought (>70) or Oversold (<30) for trend exhaustion.
🔹 MACD (Moving Average Convergence Divergence) – Confirms trend strength & momentum.
4️⃣ Plan Your Entry & Exit Points
✅ Entry Strategy:
Buy at higher lows (HL) in an uptrend.
Sell at lower highs (LH) in a downtrend.
Use candlestick patterns (pin bars, engulfing candles) for confirmation.
✅ Exit Strategy:
Place Stop Loss (SL) below last HL (uptrend) or above LH (downtrend).
Use Take Profit (TP) at key resistance/support levels.
Consider trailing stop losses to maximize gains.
5️⃣ Risk Management & Trade Execution
✅ Risk-to-Reward Ratio (RRR) – Aim for at least 1:2 or higher.
✅ Position Sizing – Risk only 1-2% of your capital per trade.
✅ Monitor Trade – Adjust SL/TP as the trade progresses.
🎯 Trend Trading Strategies
📌 Pullback Trading
Wait for a retracement to a support/resistance level.
Enter at key Fibonacci levels (38.2%, 50%, 61.8%).
Confirm with price action signals.
📌 Breakout Trading
Enter when price breaks a major resistance (uptrend) or support (downtrend).
Wait for a retest of broken structure before entering.
Avoid false breakouts using volume confirmation.
📌 Trendline Trading
Draw trendlines connecting HLs (uptrend) or LHs (downtrend).
Enter when price bounces off the trendline in the direction of the trend.
⚠️ Common Mistakes to Avoid
❌ Trading against the trend without confirmation.
❌ Ignoring risk management and overleveraging.
❌ Entering too late in an extended trend.
❌ Ignoring economic news & fundamental factors.
📌 Final Thoughts
✅ Trend trading is a powerful strategy when used with proper market analysis.
✅ Always confirm trends with technical indicators & price action.
✅ Stick to your plan, manage risk, and stay disciplined for long-term success.
🔹 Happy Trading & Stay Profitable! 🚀📊
DOGEUSD Falling Wedge close to breaking towards $1.3Dogecoin / DOGEUSD is trading inside a Falling Wedge pattern which hit this week Support A and immediately rebounded.
The 1day RSI has made a Double Bottom and it is highly likely that we will see a steady recovery from now on.
If a break out above the Falling Wedge takes place, Doge will most likely start its final rally for this Cycle's Top.
We expect that to be on the 2.0 Fibonacci extension level, a typical reaction for such break outs.
Buy and target 1.3000.
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Dogelon Mars Set For Price Reversal Amidst Steep Falling Wedge Dogelon Mars is a dog-themed meme coin built on the Ethereum and Polygon chain, following the example of other successful dog coins like Dogecoin, Shiba Inu and Floki Inu is set for a price reversal after surging 250% in the Month of January 17th, 2025 before quickly retracing.
Chart pattern shows an impending 400% surge coming up on the horizon. With partnerships from top blockchains like Arbitrum, Orca, Houbi, OKX, Solana, etc. AMEX:ELON coin is set to be on a bullish course with a 400% surge in sight.
Dogelon Mars has had a market cap of $1.25 billion in the year 2021 before retracing to $72.5 Million in market with increasing momentum and an active telegram community AMEX:ELON is very much ready for the next legged-up.
About Dogelon Mars
Dogelon Mars plays on several popular themes in the meme coin space. Its name is a mixture of Dogecoin and Elon Musk, the billionaire entrepreneur who is an outspoken supporter of Doge. It alludes to Mars, a spin on the famous moon meme, implying that Dogelon will experience a massive upward movement. Beyond its tongue-in-cheek name, Dogelon Mars has managed to build a significant community, with more than 494,000 Twitter followers and more than 48,000 followers on Telegram.
DOGE 4HR Analysis Here is the current 4 Hour range within the 1st zone I was looking for.
Personally, I still see more downside as bears are still in control. There is potential for a breakout on the 4HR but confirming congruence on the Daily has me hesitant as the Daily Timeframe would still hold a downward trend.
——————————————————————
Diving further into the structure of the candles I noticed there are more wicks from the bottom side of the candles than the top; a confirmation bears and the downward trend are still in control.
Bulls are starting to defend this level, but to me it’s a sign that buy side liquidity it being created.
If I’m a seller, this is a great place to manage risk for further downside.
If I’m a buyer, I’m being patient as the retracement back to supply seems to be almost over.
TSLA has bottomed. Great Rebound spot!!!TSLA ran up from 200 to 475/shr. On its way up it left to gaps in its price action, one gap up to 245 and another one right after to 275. Gaps in price action are eventually filled 90% of the time. During TSLA's recent decline, it pushed all the way down to close the gaps it had in its chart, with the bottom being 220, where the inital gap started.
Now that it has had its rundown and closed its gaps in price action, its likely this is the bottom for TSLA and it'll rebound from here.
Dogecoin - The Final Break And Retest!Dogecoin ( CRYPTO:DOGEUSD ) is confirming the final retest:
Click chart above to see the detailed analysis👆🏻
After we saw the textbook retest of the previous all time high about three months ago on Dogecoin, so far we also saw the expected correction of about -50%. However Dogecoin is about to confirm the bullish break and retest, which eventually leads to a parabolic rally and new highs.
Levels to watch: $0.2, $0.5, $5.0
Keep your long term vision,
Philip (BasicTrading)
doge longterm buy spot"🌟 Welcome to Golden Candle! 🌟
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Dogecoin will reach 2$Chart Analysis:
1. Timeframe and Price Context
Timeframe: Daily chart (each candlestick represents 1 day of trading).
Price Levels:
The current price is $0.1798, as indicated on the chart.
The price range on the chart spans from approximately $0.0800 (early 2024) to a peak near $0.3000 (late 2024), followed by a correction to the current level.
Trend Overview:
Early 2024: Dogecoin starts around $0.0800 and experiences a gradual uptrend with volatility, eventually rallying sharply.
Late 2024: The price peaks near $0.3000 before correcting downward into a consolidation phase.
Early 2025: The price is consolidating within a symmetrical triangle, with the current price at $0.1798.
2. Key Patterns and Annotations
Symmetrical Triangle:
The chart shows a symmetrical triangle pattern, which is a neutral consolidation pattern that typically signals a continuation of the prior trend (in this case, an uptrend).
Upper Trendline: A descending trendline starting from the $0.3000 peak, acting as resistance.
Lower Trendline: An ascending trendline starting from the $0.0800 low, acting as support.
The price is near the apex of the triangle, indicating an impending breakout (upward or downward).
Breakout Prediction:
An upward arrow with the annotation "TG 1 $5" suggests a bullish breakout targeting $5.00—a highly ambitious target representing a ~2,680% increase from the current price of $0.1798.
"FATE LOVES IRONY":
The image and text "FATE LOVES IRONY" (featuring a Doge meme with a spiral sun and flames) likely reflect a playful or ironic sentiment often associated with Dogecoin’s community. It may imply that despite Dogecoin’s origins as a meme coin, it could defy expectations with a massive rally—an ironic twist.
3. Support and Resistance Levels
Support:
The lower trendline of the symmetrical triangle (around $0.1400-$0.1600) has acted as support during the consolidation phase.
If this support breaks, the next significant level could be around $0.0800-$0.1000 (a prior support zone from early 2024).
Resistance:
The upper trendline of the triangle (around $0.2000-$0.2200) is the immediate resistance.
Beyond that, $0.3000 (the recent high) is a major resistance level.
The $5.00 target is a long-term, speculative goal far beyond current levels.
4. Volume and Momentum (Not Visible but Inferred)
Volume bars are not clearly visible, but typical behavior suggests:
Volume likely increased during the rally to $0.3000 and decreased during the consolidation phase within the triangle.
A breakout would require a volume spike to confirm, especially if the price breaks above the upper trendline (around $0.2000-$0.2200).
Momentum indicators (e.g., RSI or MACD) could indicate whether Dogecoin is oversold or showing bullish divergence, supporting a breakout.
5. Potential Scenarios
Bullish Breakout:
If Dogecoin breaks above the upper trendline (around $0.2000-$0.2200) with strong volume, it could confirm a bullish breakout.
The first target would likely be the prior high of $0.3000 (a ~67% move from $0.1798). The $5.00 target, while ambitious, would require extraordinary momentum, likely driven by significant market catalysts (e.g., meme coin hype, endorsements, or broader market rallies).
Bearish Breakdown:
If the price fails to break the upper trendline and instead drops below the lower trendline (around $0.1400-$0.1600), it could signal a bearish breakdown.
The next support at $0.0800-$0.1000 could be tested, potentially leading to further downside.
Consolidation:
If the price remains within the triangle (between $0.1600 and $0.2200), it might continue to consolidate until a catalyst triggers a breakout.
6. Market Context
Meme Coin Dynamics: Dogecoin is heavily influenced by retail sentiment, social media hype, and endorsements (e.g., from figures like Elon Musk). The "FATE LOVES IRONY" annotation captures the speculative and ironic nature of Dogecoin’s potential for massive gains despite its meme origins.
Broader Market Trends: Dogecoin often correlates with Bitcoin and Ethereum (as seen in your previous charts). If BTC and ETH break out (e.g., BTC to $120,000, ETH to $4,000), it could create a bullish environment for altcoins and meme coins like DOGE.
Timing: The chart’s position near the triangle’s apex suggests a breakout could occur within days to weeks on a daily timeframe.
Phemex Analysis #66: Pro Tips for Trading Dogecoin (DOGE)In the volatile world of cryptocurrencies, Dogecoin ( PHEMEX:DOGEUSDT.P ) has consistently captured the attention of traders and enthusiasts alike. In October 2024, DOGE experienced a remarkable surge, climbing from $0.11 to a peak of $0.48—a gain of nearly 500%. However, this exuberance was short-lived, and the price has since plummeted by 70%, currently trading around $0.15.
A closer examination of the daily chart reveals a potential bullish reversal indicator. On March 11, DOGE's price dipped lower than its February 28 level, yet the Relative Strength Index (RSI) remained similar on both dates. This RSI divergence often signals a potential bullish reversal. However, caution is advised before making any trading decisions. Let's explore a few possible scenarios, using support and resistance levels as our guide.
Scenario 1: Bullish Reversal
The observed RSI divergence suggests that selling pressure may be waning, potentially paving the way for a price rebound. If DOGE manages to break above the immediate resistance levels, this could confirm a bullish reversal.
Pro Tips:
Monitor Resistance Levels: Key resistance levels to watch are $0.19 and $0.22. A decisive break above these levels, accompanied by increased trading volume, could signal the start of a bullish trend.
Risk Management: Consider setting stop-loss orders below recent support levels to mitigate potential losses if the bullish reversal does not materialize.
Scenario 2: Continued Downtrend
If DOGE fails to maintain its current support levels, the downtrend may persist. A drop below the critical support at $0.15 could lead to further declines.
Pro Tips:
Identify Support Levels: The next significant support levels are $0.127 and $0.10. Traders should watch these levels closely for potential buying opportunities or further declines.
Short Positions: Advanced traders might consider short positions if DOGE breaks below key support levels, aiming to profit from the continued downtrend.
Scenario 3: Sideways Consolidation
DOGE may enter a phase of sideways movement, trading within a defined range as the market seeks direction.
Pro Tips:
Range Trading: Identify the upper and lower bounds of the trading range. Buying near support and selling near resistance can be an effective strategy in a consolidating market.
Grid Bots: Since price volatility is smaller during consolidation, utilizing grid bots to capitalize on small price movements is highly recommended.
Final Thoughts
Dogecoin's recent price movements present both challenges and opportunities for traders. While technical indicators like RSI divergence suggest a potential bullish reversal, it's crucial to consider all possible scenarios and employ sound risk management strategies. By staying informed and vigilant, traders can navigate DOGE's volatility and make informed decisions.
Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Its Been A Long Time Hasn't It?I see a possible horrible set up coming. But also an incredibly easy set up for the current US Administration to revert policy at a certain level.
I start to wonder if they are actually not looking at the market like they said. Its not like you need to look at the market for more than 5 minutes a day after doing a SINGLE in depth analysis on a longer time frame.
We will se what happens.
It's disappointing !!!The only promising support for Dogecoin right now is the 15 cent range. If the price does not grow from here, we cannot be hopeful anymore.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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!!