Will Dogecoin reach $1.00???In 2024, Dogecoin (DOGE) has some notable highlights and developments:
The Dogecoin Foundation has announced an ambitious roadmap for the year, aiming to strengthen Dogecoin's infrastructure and expand its reach globally. Key initiatives include the enhancement of GigaWallet, the release of libdogecoin 0.1.3, and the expansion of RadioDoge, aiming to provide Dogecoin connectivity in areas with limited internet access. These projects are part of the foundation's vision to promote Dogecoin’s development and utility, focusing on community-driven innovation and global reach.
Price predictions for Dogecoin in 2024 are optimistic, with some analysts suggesting that DOGE could reach or even exceed $1 by the first half of 2024. This bullish outlook is driven by a combination of factors including technological advancements, community support, and the increasing utility of Dogecoin in transactions and online payments. Analysts also highlight the meme coin's potential to benefit from broader crypto market trends and the continuous support from high-profile figures.
For those trading Meme Coins, there is now a benchmark for where to roughly close positions :) and not wait for the eternal To The Moon!
$0.50
$0.74
$0.98
Doge
🔥 WIF: Newest Memecoin Reversal SignalWIF is one of the newer memecoins on the market and is placed in an illustrous list together with the likes of PEPE, DOGE, SHIB, FLOKI etc.
As of earlier today, WIF has successfully confirmed the reversal from the bottom support of the parallel channel. This, together with an oversold RSI (for the first time since it hit Binance!) has convinced investors of a pending reversal.
Stop under the most recent swing low, target at the top resistance. You can potentially turn this trade into a long-term one if the price breaks through the top resistance.
Technical Analysis of DOGE | Trends, Support & ResistanceBINANCE:DOGEUSDT
Time frame: 1h
According to the drawing considering 0.183-0.184 as a potential minor resistance level and 0.16-0.162 as a strong support level.
According to the support and resistance levels expected to see Sideways movement for the next few days.
If the price moves down then open Short at the 0.172 with TP at the 0.162
Then, if the previous positions succeeded, wait for a bounce from the 0.16-0.162 price level to 0.164 and open Long at the 0.164-0.165 with TP at the 0.178-0.179
In case of both succeeded deals, the reversal is possible and a Short position is more likely with TP at the 0.16-0.162 as well.
Please, share your thoughts or criticism about this idea in the comments section below. Your opinion matters and we all are glad to learn together 📚
----
Disclaimer:
The information provided is for educational purposes only and should not be considered financial advice. Trading carries risk, and past performance is not indicative of future results. Conduct your own research before making any investment decisions
A, B or C? #Crypto Total Market 3. W pattern or Continuation?As we near the end of this bear market in crypto
(in relation to #BTC 4 year cycles)
The lack of liquidity has been evident for many months now, with wild swings in both directions.
Which I have played to to make meaningful gains , if you have been following me on my ideas stream well done.
(YOUR trade = YOUR Risk management)
Lack of liquidity means lack of seller and buyers, yet buying interest in crypto still remains
As the #Doge pump highlights (another idea I shared last week)
I can't help but notice the similar pattern of the previous Bear market bottom... on a much more concentrated timeframe.
What took very nearly two years of price action to form and follow through on.
Is now occurring on a 6/7 month timeframe.
Very interesting indeed!
A, B or C?
Comment below
Time To DOGE Hey Traders,
After a while here, So the chart says the story itself.
Just manage the risks & trade wisely.
Take profit cuts around 50% - 60% & leave better be in profit without loosing in greed.
Leave your thoughts + DYOR...
One last thing !! Everything works under how BTC performs
Happy Trading !!
DOGE to $1 ?
Dogecoin, one of the most intriguing cryptocurrencies in the market, might soon hit the historic milestone of $1 per token. Technical analysis indicates favorable conditions for the rise of this digital currency, particularly due to a shift in the Moving Average Convergence Divergence (MACD) indicator.
MACD, a key technical indicator, signals that Dogecoin is in a bullish trend on the monthly chart. This signal suggests that the short-term exponential moving average (EMA) has crossed above the long-term EMA, typically interpreted as a buy signal. If this trend persists, it could lead to further upward movement in the price of Dogecoin.
Investors and Dogecoin enthusiasts have long awaited for this cryptocurrency asset to reach the $1 mark. With growing interest in cryptocurrencies and new opportunities for their adoption, this goal may be closer than ever.
However, it's important to bear in mind that investing in cryptocurrencies carries high risk and extreme volatility. When it comes to Dogecoin, often considered a "fun" cryptocurrency, investors should be aware that the price may be influenced by factors beyond technical analysis, such as market sentiment, fundamental news, and social media.
While technical analysis provides some indications of future price movements, investment decisions should be accompanied by careful research and guidance from financial professionals. Dogecoin has become one of the most talked-about cryptocurrency assets in the market, and its future will undoubtedly be closely watched.
1 - Target : $0,69
2 - Target : $0,82
3 - Target : $1
2017 CLIF HIGH ALTA REPORTS FOR LITECOIN COMING TRUE NOW!I DO NOT TAKE ANY CREDIT FOR THIS INFORMATION. THIS WAS CREATED BY CLIF HIGH BACK IN 2017. HIS REPORTS WERE $100 EACH WHEN THEY FIRST CAME OUT. HE IS GIVING THEM AWAY FOR FREE NOW ON HIS WEBSITE AT HALFPASTHUMANdotCOM.
WHEN CLIF MADE THESE REPORTS HE SAID HE DID HIS BEST WITH TIMING, WHICH WAS THE HARDEST PART OF THE WHOLE THING BECAUSE THE LANGUAGE WOULD NOT GIVE ANY DEFINITE DATES, JUST THE PREDICTIONS. HIS TIMING WAS GOOD ON MANY THINGS BUT MANY DIDN'T COME TO FRUITION AT THE TIMES THAT HE SAID THEY WOULD. I WENT BACK AND READ HIS REPORTS RECENTLY AND THERE ARE SO MANY PREDICTIONS THAT ARE COMING TRUE NOW AND WILL COME TRUE IN THE NOT TOO DISTANT FUTURE I BELIEVE. I WILL LEAVE AN EXPLANATION OF WHAT ALTA IS IN HIS WORDS BELOW AND I WILL CUT OUT ALL THE EXCERPTS FROM ALL HIS REPORTS SPECIFICALLY FOR LITECOIN AND PASTE THEM BELOW. ITS A FUN READ AND HE ALSO HAS ALL THE OTHER MAJOR COINS HE DID PREDICTIONS ON BACK THEN AS WELL. HE HAS A BITCHUTE CHANNEL AND YOU CAN WATCH HIS VIDEOS THERE WHERE HE STILL GIVES AWESOME PREDICTIONS ON THE FUTURE, GO GIVE HIM A SUB AND A THUMBS UP. ITS AN INTERESTING READ TO SAY THE LEAST.
© 2017 by Clif High for Halfpasthuman
About Predictive Linguistics and our methods
Predictive Linguistics is the process of using computer software to aggregate vast amounts of written
text from the internet by categories delineated by emotional content of the words. Predictive
Linguistics uses emotional qualifiers and quantifiers, expressed as numeric values, for each and all
words/phrases discovered/filtered in the aggregation process. Over 80 % of all the words gathered will
be discarded for one or more reasons.
Predictive Linguistics works as NO conscious expressions are processed through the software.
Rather the contexts discussed within the report in the form of entities and linguistic structures (see
below) are read up in the various intake software programs, and the emotional sums of the language
found at that time are retrieved. Words that are identified within my system as 'descriptors' are passed
through the processing as well. These descriptor words, in the main, are those words and phrases that
provide us with the detail sets within the larger context sets.
As an example, the word 'prophecy' may be read up by our software at a sports oriented forum. In that
case, perhaps, due to the emotional sums around the context, and the emotional values of the word
itself within the lexicon, it would be put into the contextual 'bin' within the database as a 'detail word'.
Note that the context of the use of the word in the sports forum is lost in the process and is of no use to
us in these circumstances. What occurs is that the word is picked up as being atypical in its context,
therefore of high potential 'leakage of future' value. The way this works is that most sports forum
language about future events would be statistically more likely to use words such as 'bet' as in 'I bet this
XXX will be outcome', or 'I predict', or 'I think that XXX will happen'. So it is the context plus
emotional values plus rarity of use within the context that flags words for inclusion in the detail level of
the data base. Further, it is worth noting that most detail level words are encountered in our processing
mere days before their appearance. Within the IM (immediacy data) primarily, and then within ST
(shorter term) data next. But a preponderance are discovered within the IM time period. Perhaps an
artifact of our processing, if so, one not explored due to lack of time (cosmic joke noted).
Words are linked by their array values back to the lexicon using our set theory model (see below), and
the language used within the interpretation (detail words excepted) derives from the lexicon and its
links to the changing nature of contexts as they are represented within our model.
Predictive Linguistics is a field that I pioneered in 1993. The software and lexicon has been in
continual change/update mode since. This is due to the constantly changing nature of language and
human expression.
Predictive Linguistics works to predict future language about (perhaps) future events, due to the nature
of humans. It is my operating assumption that all humans are psychic, though the vast majority do
nothing to cultivate it as a skill, and are likely unaware of it within themselves. In spite of this, universe
and human nature has it that they 'leak' prescient information out continuously in their choice of
language. My software processing collects these leaks and aggregates them against a model of a
timeline and that information is provided in this report.
The ALTA report is an interpretation of the asymmetric trends that are occurring even this instant as
millions of humans are typing billions of words on the internet. The trends are provided in the form of a
discussion of the larger collections of data (dubbed entities) down to the smallest aspect/attribute swept
up from daily discussions within that context. Within the ALTA report format, detail words are
provided as noted below. Phrases and idiomatic expressions are also provided as details. In the main,
geographic references are merely summed, and if deemed pertinent, the largest bag in the collection is
discussed as a 'probable', or 'possible' location to the events being referenced within the details.
In our discussions, the interpretation is provided in a nested, set theory (fuzzy logic) pattern.
LITECOIN MAY 2017
Litecoin is still showing as 'trailing' Bitcoin. Unlike Ethereum, the data sets for Litecoin have it as a
'silver' ratio to Bitcoin as 'gold'. The meaning at this time would tend to favor a 70 to 1 ratio. This is
likely an indication of the strength of the rising pressures from the other sets for Litecoin. The reason
for this is that the data sets also have the 'ratio' of 'silver to gold' to be 'descending' over the rest of
2017. The repetitious appearance of 'ratio', and its many supporting sets, as well as the rising emotional
sums within those sets, are all suggesting that the word itself will come to be much more meaningful as
we see the 'steps down' over 2017. The data sets have these 'step downs' being an 'abnormal appearance'
during the bespoke Summer. So the data sets are predicting, at least by way of inference, that 'trading'
of 'Litecoin' over this Summer will be anything, but 'normal'.
These sets have Litecoin reacting to the various DebtsSpace stresses over Spring (northern
hemisphere), as well as the stresses of the technical issues, by erratic price fluctuations. For differing
reasons, but temporally coincident with problems within the 'silver fixing arrangement', Litecoin is
indicated to have 'price jumps', and 'falls', that will 'create paupers' and 'millionaires' all in 'moments'.
Note this is not a good situation and does stabilize. The data accretion patterns in modelspace have
brought forecasts of many videos of people 'lamenting (crying) over their losses' in the 'crazy crypto
currencies markets' of Summer 2017.
LITECOIN JUNE 2017
The data sets have conflicting memes affecting the LiteCoin trading action over the next few months.
These themes are forecast to play out as 'test bed (for Bitcoin)', and 'fading', or also defined as 'without
luster'. The former is indicated to bring pops in the price as the general CryptoSpace environment is
also rising, and the latter is the general trend of slight rises, or mostly subdued in spite of the
'exuberance' in other crypto currencies.
The 'flat' aspect of Litecoin emotional appeal aside, the price per coin is indicated to climb over
Summer, and, later in Fall (northern hemisphere), reach a point described as 'ignition'. Please note that
this is within a context in our data of 'hyperbolic debt based currencies creation', also known as 'hyper
inflation'. These sets have support, in Fall, for Litecoin rising dramatically as 'bursts' of 'debt currencies
creation' hits the 'financial system'.
Litecoin is still showing as receiving a burst of favorable attention in late June that will support prices
through the next leg up in the capitalization inflows into cryptospace. These sets have Litecoin being
one of those coins which is indicated to be 'regular like clockwork', as well as 'persistently challenging'
the 'double digit daily percentage gains'. No numbers present themselves in our data for Litecoin.
Many new shorter term sets, as well as longer term sets have positive ratio on emotional tone values
with a few of the prime attributes hovering in the same range as ETH.
Litecoin is indicated to be gaining a bit of early shine from developing stories in both the transactions
space, as well as 'value' plays. The 'transactions' stories are forecast to begin to grow as 'retail' and
'wholesale' uses of Litecoin will be showing up even in msm (main stream propaganda press, aka
'legacy media'). Again, as noted above, the msm propagation of the stories will be the temporal marker
for the next leg up in Litecoin price discussed in previous ALTA and bare naked Wealth reports this
year. The Litecoin versus ETH language can also be expected to ramp up with the new use-cases, and
the rising price competition seemingly manifesting.
The data suggests that much 'touting and pump/dump' language will flourish briefly. Do not be
deceived at the froth in the language, nor the relative prices of various offerings. Litecoin and ETH are
NOT directly competing within their use-cases, and both will be long term holds for value, with the
value deriving from where they differ, not where they are similar.
The Litecoin use case in the forecast modelspace developments shows as dominating in many different
Point-Of-Sale, and POS2IoT interconnections.
LITECOIN AUGUST 2017
Major developments in LTC underlying technology (as forecast more than a few reports back) are
indicated to be surfacing in August such that by mid August (as forecast a few reports back) Litecoin
will be involved a price, and volume competition with ETH.
The rate of acceleration of Litecoin in the data sets has big increases, almost 'stair steps', that are
showing over the next five months (more or less). These 'stair steps' are indicating that very large
'capital inflows' will be occurring from August, onward. The stair steps within the data sets have
several instances in which we get numbers. These would suggest that a '3/three digit' US dollar ratio to
Litecoin begins before September and grows over the remainder of 2017.
Some of the 'capital inflows' over 2017 are forecasting that the 'marketing effort' for Litecoin, as the
'payment vehicle' are showing as taking great leaps. These are suggesting that perhaps we will find that
a 'multi-polar cryptospace' is developing with 'thickening payment layers' which are separated from the
'wealth storage' layer. IF this is indeed an accurate interpretation of the development of the 'payment
layers' space, then it would seem reasonable, now, to forecast that LTC will dominate the mid-tier of
this space.
LITECOIN SEPTEMBER 2017
LTC has the 'pop' in attention, and the 'pop' in performance showing up in the data, as well as 'new
opportunities' for its use within the global payments systems. In some of our detail sets are forecasts for
LTC to 'break through' the 'lunch line barrier' with some new technology later in 2017. This will
apparently be an outgrowth of 'back channel adoption' of LTC within a few very large organizations.
Nicely rising emotional tones on the LTC data from early August through into late October
LITECOIN OCTOBER 2017
The sets for Litecoin within modelspace, have new growth within 'racing' descriptor linguistic
structure. The 'racing' has been associated with ETH. Now the data is pointing toward LTC being in a
race at the level of 'percentage growth'. These sets further contain language for each 'up leg'. The data is
forecasting that the 'emerging patterns' over October and beyond into 2018 will include a 'percentage
race' such that 'each gains alternatively'. Further this is clarified as being 'small' or 'single digit (more or
less)'. The idea coming across from the accrual patterns is that if ETH were to go up 9% in one day,
that same day LTC may be up 8%. However on the next day up, ETH would lag behind on a single
percentage point basis. These sets are explicitly not suggesting that each day would be up, nor that
either LTC or ETH will go upward together, nor that they will not be out of sync, nor that they won't
fall. All of the percentage sets are also focusing on US dollars, and with primarily US based geographic
references for our processing sets.
Much of the LTC data sets within modelspace have their emotional tones centered around the 'lightning
network' and 'atomic swaps'. There are sets building up with longer term values that are focused on
'smart contracts' as in LTC as a vehicle for such, but the immediacy data, and shorter term values are
much more focused on 'atomic swaps', and 'LTC (as) fast intermediary' to other cryptocurrencies.
LITECOIN NOVEMBER 2017
Litecoin is setting up for the 'belle of the (Spring) ball' award for cryptocurrencies in our data sets. The
LTC accretion patterns are surpassing the ETH sets at a very brisk rate of new data elements at about
2.4 new elements for each 1 about ETH as modelspace is moved into March 2018. These new sets are
bringing the emotional tone values for LTC into ranges not seen for it before, and, that are, in some
respects, temporal echoes to the 'set up' in early 2017 that saw such large gains for ETH (and Ripple) in
the early part of the year. In the case of Litecoin, the data sets are bringing in a larger percentage of
longer term data sets than had either ETH or Ripple (XRP) in early 2017 indicating a longer run for
LTC, throughout much of 2018.
The new sets for LTC that accrue as modelspace is progressed from late November through to the
December solstice have a 'gentle rise' in its pricing relative to USD growing into a 'steady (eye catcher)'
by the end of the year. At that time we have language forecast to appear about 'comparisons to Bitcoin',
both in 'rate of rise', and 'early days history', and 'ratio of valuations'. These 'comparisons' are forecast
to treat LTC well.
The data sets still have LTC moving into '3/three digits', and new growth to these sets show that the
movement will be creating a floor for LTC into 2018.
LITECOIN DECEMBER 2017
As modelspace is moved through 2018, there are many sets relating to 'securities', including 'security'
that are associated with Litecoin. These sets are positive, and bring in larger amounts of new supporting
sub sets for 'excitement'. There are many sets accruing in May that are within the first large clump of
new 'excitement' data. There are some detail sets indicating that the 'rising emotional state (of)
excitement' over Litecoin will actually start producing 'anxiety', though this is of an 'anticipatory' nature
about when will the 'rise' end. These sets are echoed later in 2018 as the 'excitement' sub set seemingly
breaks out of some limitations that existed over Summer (northern hemisphere). As Fall weather begins
to be reported, the data sets have new 'excitement' shifting into Litecoin sets. These latter, 'excitement'
sets are curious in that they have cross links over to 'established businesses', and 'sudden
(major/significant) leap ahead'. These sets are forecasting a very good 2018 for Litecoin.
LITECOIN MARCH 2018
The data sets have continuing growth for LTC reaching a 'parity point' with the Ethereum network, but
be aware this is not a price projection, rather it is focused on the 'smart contract' hosting and 'network
(distributed apps)' side of things. These data sets are forecasts, not related to any announcements, nor
leaks of information, but rather derive from our process of predictive linguistics. There are several
possible interpretations including that Litecoin will develop networking capabilities along the same line
as the Ethereum network. Alternatively it can also be interpreted with the 'ethereum smart contract'
temporal marker as being the key element for emotional sums tone advancement.
Other language of interest has 'litecoin' becoming 'emblematic' of both the 'cryptocurrencies (alt coins)'
space as well as a symbol for 'new rich' and the rise of the 'crypto-millionaires' as a discernible class
within our society. These sets have forecasts for a number of new videos that will be focused on
'litecoin' and its role as a 'vehicle' to 'riches' over a very short time. According to the data, we should be
able to expect to see the appearance of several 'stars' in the video spaces as both 'tell-all (how I made
my money)' and 'musical celebrations (of litecoin)' videos are presented during these next 6/six months
LITECOIN JULY 2018
Litecoin has dominating supporting sets of 'fire (on fire, catching fire)'. Secondary support sets are
'favorable', with aspects of 'winds (favorable winds), and 'favorable times', 'favorable presence',
'favorable view'. Tertiary support sets are led by 'good luck'.
The 'favorable timings' sub sets are cross linked over to 'work' and 'planning', and 'activity (path)'. The
'crisscross' of the 'timings' is showing as being 'exquisite' and 'precise'.
Other sets are going explicitly to 'good fortune', 'good luck', and other 'fortune smiles' language.
Note the Litecoin sets are showing 'transitions', and 'new developments' as the rising supporting set
dominating aspects. These 'transitions' first appear in modelspace as it is progressed through
September, and reaches a near term peak by mid November.
Doge and XRP UpdateWe posted a doge trade over a month ago which is linked below.
In the community we had some comments about the trade failing and it gave us the opportunity to bring up the most important thing about our strategy - When you take a trade at a key level of significance, if that trade fails the asset should go to the next key level and another opportunity arises .
In this scenario you can see that after Doge hit our 6% stop loss, it fell a further 13%! it then came back up and backtested that same key level as resistance before falling 15% again. So this post is primarily to show why a failed trade is not necessarily a bad trade - it could also be a great exit.
For the trade posted now , there is a clear Type 2 Bullish Harmonic, with some bullish divergence at a local level of support.
This is also the case on assets like XRP, SOL and others. However, we are in a corrective phase of this run and therefore these patterns tend to underperform.
So what should you do?
We are allocating a small amount of capital to these trades on the off chance they play out, and we are taking most profits (60-75%) at the first take profits.
Remember we were in from a long time ago and we made a considerable amount of money. If you are just getting into the crypto run, this is not the best place to come in and you should definitely preserve your capital for better opportunities.
Bitcoin Ethereum & Crypto - are you ready for the next move?Bitcoin & crypto have been flying in the wake of semiconductor strength & the approaching halving.
As crypto has entered the stratosphere, and BTC at double top are we likely going to see some profit taking?
Double tops typically act as strong resistance, especially since there's been minimal consolidation leading into the move.
Cryptolean Dogecoin DOGE UpdateDogecoin is bullish in the daily chart and teasing $0.18 region.
A bullish break-out of $0.179 will push DOGE price higher towards $0.20.
And, a daily candle closure above $0.20 will offer a rally towards $0.24 and much higher.
$0.145-$0.155 acts as a daily support zone and below it, Dogecoin will decline towards $0.121.
The DOGEUSDT 4-Hour chart is re-testing the key intraday resistance of $0.177-$0.189.
A bullish break-out of $0.177-$0.189 zone will make Dogecoin bullish in the 4-Hour chart and we will see a further move towards $0.22 and higher.
A bearish rejection of $0.177-$0.189 will push price lower to the key intraday support of $0.145.
DOGE will follow $BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole Crypto market and Dogecoin won't be an exception.
Like once read.
Thank you!
And Then One Time Bitcoin Went From $30k To $30 MillionNever say never! I know it sounds crazy but what if this whole bitcoin move that we saw from inception to today was one giant cycle? What if this is the bottom of a larger cycle and we are about to see numbers that no one could ever even imagine are possible? What if everyone who is predicting Bitcoins's next move is near sighted and need to zoom out allloot further and see the larger cycle? What if Im crazy? Its all possible, and that would put Bitcoin's market cap at $600 TRILLION. Not impossible in my opinion. This is just my opinion and a wild one at that so dont take this as any sort of financial advice, Im just having fun here. Good luck out there.
Luna still has one more drive to $70 before steep correction!Luna has done phenomenal in this run and we can all agree with that. Its been forming a large rising wedge and indicators are showing a pretty sizable correction back down to single digits after the peak at $70 near the apex of the wedge. The Elliot wave is almost complete as well, we are in the final stages of the fifth wave which woulds bring LUNA to around $70 dollars before it corrects. A massive, fast and steep correction will occur after the top at $70 dollars so dont forget to take profits. Not financial advice, happy trading, let me know what you think. Good luck!
BABYDOGECOIN USDT Following Doge, Breakout CloseBaby Doge is following Dogecoin. Doge has broken out of its downtrend and has found support on the envelope. Baby Doge lags behind Doge from what I see in the charts. So when there is a big pump in Doge, Baby Doge is not far behind. Once Baby Doge breaks out of its downtrend its going to go straight up following Doge.
This is just my opinion, none of this is financial advice. Thank you
DOGE - Who Let The DOGE Out 🐶Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 DOGE has been overall bullish, trading above the blue trendline.
Moreover, the 0.15 marked in blue is a strong support zone.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and blue trendline.
📚 As per my trading style:
As #DOGE approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📈 In parallel, for the bulls to take over medium-term and start the next impulse movement, a break above the last major high in red at 0.175 is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
FLOKI Is In A BULL MARKET MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
FLOKI has had a very strong breakout , These breakouts can often continue longer than people think. FLOKI could 10x
Please watch the video for more information
🚀 $DOGE to 1$ + ! 📈Dogecoin (DOGE) has broken out from a macro triangle pattern on the weekly timeframe, attracting attention from traders. This analysis explores the implications of the breakout and projects a measured move to around $1.60. By dissecting the chart dynamics and considering market psychology, this analysis provides insights into DOGE's potential trajectory.
Introduction:
Dogecoin's breakout from a symmetrical triangle on the weekly chart signals a shift in market sentiment. This analysis aims to dissect the breakout's significance and forecast a potential target price using the measured move theory.
Chart Analysis:
The breakout above the triangle pattern's upper boundary is accompanied by increased trading volume, indicating strong market participation and bullish sentiment. This breach of resistance levels validates the bullish bias and sets the stage for further upside potential. 📈📊
Measured Move Projection:
Applying the measured move technique, the height of the triangle pattern suggests a target price of approximately $1.60. While this provides a theoretical target, traders should consider additional factors such as support/resistance levels and market conditions.
Conclusion:
Dogecoin's breakout presents opportunities for traders. With a target of $1.60 derived from the measured move theory, traders can strategize accordingly while considering risk management and market dynamics. 🚀🐕
Market Update - March 7, 2024
BTC ATH breaks historical four-year halving cycle trend: Bitcoin (BTC) broke above the $69,000 mark this week, setting a new all time high of $69,324 on Tuesday morning. Despite common consensus of a post-halving bull run in the cards, like others that occurred in past four-year cycles, the market appears to be responding positively to the upcoming BTC halving and moving earlier than anticipated.
ETH holds firm despite sell off and ETH ETF delays: A sell-off following the BTC price run, as well as the SEC’s announcement to delay the decision deadlines on the spot Ethereum (ETH) ETF applications from Blackrock and Fidelity, had little impact on the price of ETH, with the market focusing on the anticipated launch of the network's Dencun upgrade, which is set to go live in the coming days.
Michael Saylor's MicroStrategy is looking to raise $600M to buy more BTC: MicroStrategy (MSTR) has announced plans to raise $600M by selling convertible debt in a private offering, for the alleged purpose of acquiring more bitcoin, taking advantage of the recent price run, and adding to its 193,000 BTC stack.
Meme coin mania is back: Momentum gathered for the six meme coins currently populating the top 100 list of cryptos by market cap, with multiple triple-digit percentage gains across the board, made up of DOGE, SHIB, PEPE, BONK, WIF, and FLOKI. Coinmarketcap data currently show the aggregate market cap of all meme coins standing at approximately $60B, with $30B in trading volume over the past 24 hours. The flurry of activity particularly across meme coins may suggest retail investors are beginning to return to the market or new retail participants are entering the market..
Soon, but not too soon for US interest rate cuts: Federal Reserve Chair Jerome Powell told House lawmakers on Wednesday that interest rate cuts are likely "at some point" in 2024, but not in the near future.
⏳ Topic of the Week: What is the Bitcoin halving?
👉Read more here
🐕 DOGE: Meme Coin Momentum! 🚀📈
📊 Analysis:
Meme Coin Movement: DOGE has experienced movement, but there might be potential for increased momentum.
Current Position: DOGE is currently at support, providing a potential long trade opportunity.
Entry Strategy: Consider laddering into a spot trade within the $0.145 - $0.16 support area.
Profit Targets: Potential profits at $0.18 - $0.205 or $0.30 - $0.34.
Stop Loss: Set just below $0.1373 for risk management.
🌐 Note: Monitor DOGE's price action closely for confirmation and adjust your strategy accordingly.
DOGE RALLY IS OVER Multi Year Correction/Consolidation ComingDOGE was fun if you knew how to trade it. The run and hype is over. The retail FOMO investors that completed wave 5 blow off top are the only ones holding the bags now. Indicators are showing real weakness and heavy selling pressure. The symmetrical triangle in a downtrend means continuation to the downside. Not financial advice. Have fun and don't lose your shirt.
DOGE is bullishWith the iCH and iBOS we have on the chart, a bullish view is formed on the chart.
There are many ReChart liquidity pools that are expected to be swept soon
I specified the targets
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
DOGE - Fib retrace complete?Ah yes... that was scary, but the fear seems to be subsiding as we complete a fib retracement tot eh beloved 0.618 level. "good Doge! let's go for a run "
as you may have seen in my last post, BTC is showing similarly strong bearish projections as DOGE has bullish. is Love (Dog's are the beings of unconditional love) winning out over greed and fear?
Sit, Stay, Good boy! Let's go for a run, Doge!
Follow along!