Doge
Dogecoin’s Bearish Pennant: Key Levels to Watch for!Overview:
Dogecoin (DOGE/USDT) is forming a bearish pennant, a continuation pattern often signaling further downside after a strong prior move. The price is currently trading at $0.4275, consolidating below a key resistance zone. This setup suggests potential bearish momentum if the pattern resolves to the downside.
Key Observations:
1. Bearish Pennant Formation:
• DOGE has consolidated into a tight range after a sharp prior decline, forming a classic pennant structure.
• The upper boundary of the pennant lies near $0.4400, which is the critical resistance level.
2. Critical Resistance – $0.4400:
• A 4-hour close above $0.4400 will invalidate the bearish pennant and may trigger bullish momentum.
• Buyers are likely to gain confidence if the price breaks and holds above this level.
3. Downside Targets:
• If the pennant resolves downward, the measured move projects a potential drop towards the yellow line near $0.3800, aligning with the next significant support zone.
• Additional support levels are identified at $0.4000 and $0.3850 before reaching the yellow zone.
4. Volume Profile Analysis:
• Decreasing volume within the pennant indicates reduced participation, a characteristic of the consolidation phase. A breakout (up or down) is likely to be accompanied by a surge in volume.
Scenarios:
Bearish Resolution (Most Likely):
• Action: The price fails to break above $0.4400, leading to a breakdown below the pennant’s lower boundary.
• Confirmation: A 4-hour close below $0.4150 confirms the bearish breakdown.
• Targets:
• First Target: $0.4000
• Second Target: $0.3850
• Final Target: $0.3800 (yellow line and key Fibonacci level).
• Stop Loss: Above $0.4400 (invalidation level).
Bullish Invalidity:
• Action: The price closes a 4-hour candle above $0.4400, invalidating the pennant structure.
• Next Levels:
• Immediate target: $0.4600
• Extended target: $0.5000 (overhead resistance zone).
Dogecoin is at a critical juncture, forming a bearish pennant that suggests a potential move lower. Key levels to monitor are $0.4400 (resistance) and $0.4150 (support). A breakdown below the pennant’s support would target $0.3800, while a breakout above $0.4400 invalidates the bearish outlook and opens doors for bullish momentum. Watch for volume to confirm the breakout direction.
DOGE/USDT (1D Chart)
DOGE/USDT continues to display bullish market behavior, consolidating within a **rising wedge** formation as the price trends upward. The narrowing of the wedge indicates that the price is approaching a critical point for its next major move.
**Key Observations:**
1. **Price Action:**
- The price remains firmly above key moving averages (20, 50, and 200), signaling a continuation of the broader uptrend.
- The narrowing wedge reflects a buildup of tension, typical before a decisive breakout or breakdown.
2. **Volume and CMF Dynamics:**
- A **notable drop in volume** is visible as the price consolidates, which often signals a pending sharp move.
- The **Chaikin Money Flow (CMF)** indicates declining momentum, highlighting a reduction in buying strength and market participation at this stage.
3. **Momentum Indicators:**
- **OBV (On-Balance Volume):** Maintains an upward trend, indicating consistent accumulation despite the consolidation.
- **RSI:** At **70.95**, the slightly overbought reading suggests the possibility of temporary consolidation or a pullback before a potential continuation of the uptrend.
**Conclusion:**
DOGE/USDT is approaching a decisive moment as it consolidates within its rising wedge. The **drop in volume**, visible both on the chart and through the **CMF**, is a common precursor to significant price action. While momentum remains intact, traders should watch for increased activity that confirms the next move.
Dogecoin’s Bearish Pennant: Key Levels to Watch for!Overview:
Dogecoin (DOGE/USDT) is forming a bearish pennant, a continuation pattern often signaling further downside after a strong prior move. The price is currently trading at $0.4275, consolidating below a key resistance zone. This setup suggests potential bearish momentum if the pattern resolves to the downside.
Key Observations:
1. Bearish Pennant Formation:
• DOGE has consolidated into a tight range after a sharp prior decline, forming a classic pennant structure.
• The upper boundary of the pennant lies near $0.4400, which is the critical resistance level.
2. Critical Resistance – $0.4400:
• A 4-hour close above $0.4400 will invalidate the bearish pennant and may trigger bullish momentum.
• Buyers are likely to gain confidence if the price breaks and holds above this level.
3. Downside Targets:
• If the pennant resolves downward, the measured move projects a potential drop towards the yellow line near $0.3800, aligning with the next significant support zone.
• Additional support levels are identified at $0.4000 and $0.3850 before reaching the yellow zone.
4. Volume Profile Analysis:
• Decreasing volume within the pennant indicates reduced participation, a characteristic of the consolidation phase. A breakout (up or down) is likely to be accompanied by a surge in volume.
Scenarios:
Bearish Resolution (Most Likely):
• Action: The price fails to break above $0.4400, leading to a breakdown below the pennant’s lower boundary.
• Confirmation: A 4-hour close below $0.4150 confirms the bearish breakdown.
• Targets:
• First Target: $0.4000
• Second Target: $0.3850
• Final Target: $0.3800 (yellow line and key Fibonacci level).
• Stop Loss: Above $0.4400 (invalidation level).
Bullish Invalidity:
• Action: The price closes a 4-hour candle above $0.4400, invalidating the pennant structure.
• Next Levels:
• Immediate target: $0.4600
• Extended target: $0.5000 (overhead resistance zone).
Dogecoin is at a critical juncture, forming a bearish pennant that suggests a potential move lower. Key levels to monitor are $0.4400 (resistance) and $0.4150 (support). A breakdown below the pennant’s support would target $0.3800, while a breakout above $0.4400 invalidates the bearish outlook and opens doors for bullish momentum. Watch for volume to confirm the breakout direction.
DOGE - OH, IT WILL BE GLORIOUS - CryptoManiac101DOGE / USD TA
This is a Quick Look at a new pattern Doge is exhibiting on the daily timeframe, forming an ascending triangular pattern which statistically is a highly bullish pattern for crypto markets.
Upon breakout from this ascending triangle, we would be looking at a max conservative target of around $1.00 - $1.27 in December. Keep your eyes open.
This is not a financial advice, and is solely for entertainment purposes.
DOGE king of memcoins!Hello everyone, I invite you to review the DOGE chart, as we can see, the price has bounced perfectly from the strong resistance at the level of $0.48, which is at the so-called Fibonachi golden point (0.618), only when it breaks out of it the upward trend will move towards the level of $0.59 , only when it is overcome will the path towards the last peak at the level of $0.73 open.
Looking the other way, you can see support at $0.38, which kept the price on the correction. However, if this support is broken, we could see a drop to the strong support zone from $0.26 to $0.21.
It is worth looking at the RSI indicator, which shows how high we are, which could indicate an upcoming recovery, but we are in a bull market and the inflow of capital may trigger an upward movement again.
DOGE - Decision PointHello Doge Fam!
This is where the Tribe mentality of Doge, bound by a sense of Love, has the opportunity to shine. We face a pretty key decision point in continuing our exponential rally to the next big level, or facing the reality of a pull back to close the gap we left when we jumped up from $.20 to $.420 :)
That scenario is shown in orange….
So… whats it gonna be? Will we hold strong as a tribe? Will BTC fail this same test, and trigger a cascade of money flow to DOGE from BTC?
David vs Goliath.
Dogecoin Likely Targeting $0.80 After Strong Breakout📊 Dogecoin has broken out strongly and is approaching the $0.50 resistance.
✅ Holding above this level increases the likelihood of a move toward $0.80 , which is currently the most probable scenario .
🔴 If rejected, it may retrace to the $0.32 support before resuming its upward trend.
Any further updates will be shared after the price action develops.
DOGE is going to the moon! In my opinion, this coin has strong growth potential and could rise to one dollar next year. Technically, in the 2-hour time frame, we see the formation of a flag pattern within an ascending channel, which can be a strong signal for a price increase, provided that the flag pattern breaks out.
previous analysis
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Doge Update: $0.50 Target in Sight!New update: The market has resumed its upward trend, and the $0.50 target is very close—likely to be achieved within the next two days. I also expect a slight pullback at $0.50 before continuing the rise to $0.55 in the near term!
This is not financial advice. Please do your own research too.
Good luck!
$BRETT Can Easily Make 10x Before The End Of The YearChart is quite clear an obvious. $BRETT is in a trending channel that looks like a massive bull flag.
Its consolidating nicely and is going to find a new ATH.
IMO this meme coin will be as big as PEPE or DOGE. It can make an 80x if I am optimistic and a 10x if I am pessimistic.
What do you think?
Dogecoin $DOGE/USDT - 200D SMA Bull Regime DetectionThis indicator helps traders identify market regimes using the powerful combination of 50 and 200 SMAs. It provides clear visual signals and detailed metrics for trend-following strategies.
We've just had our bull regime print and are trading 43 days of bull regime duration.
Key Features:
- Dual SMA System (50/200) for regime identification
- Colour-coded candles for easy trend visualisation
- Metrics dashboard
Core Signals:
- Bullish Regime: Price > 200 SMA
- Bearish Regime: Price < 200 SMA
- Additional confirmation: 50 SMA Cross-over or Cross-under (golden cross or death cross)
ETH 1h Brief analyseHi Traders,
There is still unmitigation zone at 1D.
I believe that it seem to be a destination for me where ETH will be heading to.
You see the wave a-b-c at 1h and trend line written at 4h.
Hopefully, this confluence works.
Just remember it can do down further to 0.681 level as good retracement level.
Make sure double check the confirmation then start place the position with stop loss.
3 rules
Buy
Sell
Wait
BITCOIN about to do things!Possible cup and handle breakout coming. Need volume. Neckline is either here or at 97k. We are breaking through the 1hr triangle at this point though. Already have broken the golden area. 103k target if momentum continues. Posting chart just so I can look back at this and see how this plays out.
ETH 1M brief analyzeHi Traders,
ETH is looking good heading to new high with momentum candle.
All we need to is finding out how ETH is react at Order block whether price correction
is initiating or pushing up higher to the new high record price.
In comparison with BTC for last a month , there has been no much liquidity in ETH.
Probably, I guess because of BTC domination.
I believe there is still strong potential that ETH will go new high.
We only need to wait BTC start off sideways, then Market liquidity flows in Altcoin market.
3 RULES
BUY
SELL
WAIT
Make sure set up the Stop loss all the time.
There is always opportunity as long as you are alive in the market.
DOGE - ROAD TO $1 IN DECEMBER - CryptoManiac101Dogecoin (DOGE) vs USD
1. Trend:
Dogecoin appears to be in a strong upward trend with a series of higher highs and higher lows.
Two distinct consolidation patterns (flag/pennant-like structures) are highlighted with yellow arrows, followed by strong upward breakouts.
2. Patterns:
The first consolidation occurs after an initial rally, forming a bullish flag. The breakout from this flag leads to a significant price increase.
The second consolidation is a continuation of the bullish pattern, again resulting in another breakout to the upside.
3. Price Action:
Each breakout has been followed by steep price increases, signaling strong bullish momentum.
The recent steep move at the top of the chart suggests an acceleration in buying pressure, possibly driven by market sentiment or external events.
4. Key Levels:
Support: The lower trendlines of the consolidation patterns act as short-term support levels.
Resistance: The upper boundaries of the consolidation channels act as resistance prior to the breakout.
Conclusion:
The chart displays a textbook bullish continuation pattern with steep uptrends and consolidations. If the trend holds, there could be further upside to $1
And as always, remember that this is not financial advice and is simply for entertainment purposes.
DOGE going to at least $3.00 on this Cycle.Dogecoin / DOGEUSD is expected to be among the high cap winners during this Cycle.
Not only is it currently still under its All Time High but the recent massive post U.S. election rise brought it to the 0.786 Fibonacci level.
Following a 1day Golden Cross early this month, we believe that we are trading on a similar Cycle stage as January 2021 (also on the 0.786 Fib).
The 1day RSI fractals seem to match perfectly, being way above 80.00 and what should follow next is a test of the 1.5 Fibonacci extension.
Buy Doge and target it at 3.000.
Previous chart:
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Dogecoin on the Verge of a Breakout - Is the Hype Real?🐕💡 Dogecoin on the Verge of a Breakout - Is the Hype Real? 🌐📈
Dogecoin (DOGE) has entered the spotlight again, with both its chart structure and community-driven narrative gaining traction. From Elon Musk’s playful endorsement to broader market trends, let’s analyze the technical and fundamental drivers propelling DOGE forward.
Technical Breakdown
Key Levels to Watch:
Support: DOGE holds steady above $0.38, with critical reinforcement at $0.32.
Resistance: The immediate challenge lies at $0.44, a breakout of which could lead to the psychological $0.69 level.
Bullish Chart Structure:
A triangular pattern signals tightening price action, hinting at a significant move.
Volume is rising, with strong open interest and spot volume support, further reinforcing bullish sentiment.
Indicators of Momentum:
Funding rates remain neutral, minimizing liquidation risk from excessive leverage.
Aggregate open interest shows steady growth, indicating robust participation.
Beyond the Charts - Dogecoin’s Unique Catalyst
The recent satirical commentary connecting Dogecoin to Elon Musk’s “Department of Government Efficiency” adds a unique twist to DOGE’s narrative. Whether satire or inspiration, the community buzz drives attention and speculation, adding fuel to the current rally.
Takeaway: Love it or hate it, DOGE thrives on sentiment, and such narratives only strengthen its core appeal.
Outlook
DOGE is poised for a breakout if it clears $0.44, with an eye toward $0.69. However, traders should stay cautious below the $0.38 support level as it may signal retracement.
Pro-Tip: Watch both Technical and sentiment indicators, as they’re pivotal in Dogecoin’s unique trajectory.
One Love,
The FXPROFESSOR 💙
ps. I will be Long over 0.384 and Short under that level... You see, Elon has 10 children and Doge could end up being his 'Xmas gift for his Kids'' Department...just saying