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Dogeanalysis

WILL YOU 'DOGE' THIS???Hello traders, here's a quick update on the DOGE coin. Dogecoin did exceptionally well in the last 3 days. A 165% rally from the rock bottom of $0.06 all the way to $0.16 is simply great. It is too early to call it a 'rising wedge' pattern but a massive rally like this in no time is no joke. Although the rising wedge pattern technically tends to be bearish, we cannot assure anything on dogecoin because of Mr. Elon Musk. He literally owns dogecoin and can do anything with the power he holds. From the technical term, if Doge breaks and closes below the support line, we may see some bearish move but if it bounces back and breaks above the resistance trendline then we may witness some more bullish rally. I hope this update is helpful to you. Trade safely.
by Dexter_The_Trader
1
DOGECOIN Doge price broke downtrend line, what will happen next?Here is the chart of the DOGEUSDT trading pair for the last 2 years. The downtrend of DOGEUSD price has been going on for 17 months and speculative interest in this manipulative coin has most likely disappeared for many. But on the other hand, there are probably many investors who are stuck in this coin and the deposit is now in drawdown Most likely, this idea is primarily for them. Since June 2022, which is 5 months, the DOGE price has been consolidating in the liquidity zone of $0.04-0.08. It was in this liquidity zone at the beginning of 2021 that the DOGEUSDT price consolidated before the final pump of +1400% in 2021. And today, DOGECOIN buyers are trying to break up through the falling trend. However, it is too early to rejoice, there is a strong and liquid level of around $0.085 in the way of buyers. Most likely, buyers will not be able to overcome this milestone the first time. If you have a long position DOGEUSDT, then as the price approaches $0.085, you need to be very careful, because a correction to $0.065 may begin in the future So, in our opinion, it is safe to long DOGE either from $0.065 or after the DOGEUSDT price can confidently consolidate and fix above $0.085 Medium-term target for DOGECOIN price growth is $0.125-0.135 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
26
Dogecoin forecast Update 🧐🌸 Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on trading-view, And only a few of these analyzes are my actual trades. I hope Traders consider I am not responsible for your trades and investment decision. ------------------------------ 🌸 Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Long
by Arash-RK
Update DOGE: Up 28.73% ! 86% potential gains 🚀🚀Since the first post. Doge pumped 28.73% already. Time to move the stoploss higher, to lock in even more profits. I'm not seeing any bearish divergences yet. Still enough room to go. Let's see how high it can go! Remember to always take profits and use proper risk management! Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Like To Use: I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Long
by Kch28
$DOGEUSDT - Breakout & Reversal play with 15% to 50% upsideTechnical Analysis (TA) Weekly Chart is showing signs of breaking out/reversing from the overbought zones. The daily chart is breaking out of the resistance level of 0.07776 and attempting to break above the 100ema with solid indications of a reversal. On the weekly we have plenty of space to fill up until the 0.09 level and further upside (if overall trends are good) to 0.117. Price Target Entry: 0.78 Target 1: 0.09 (+15%) Target 2: 0.117 (50%
Long
by subtlepapi
Update DOGE: Up 17% ! 86% potential gainsSince the previous post. Doge pumped 17% already. Time to move the stoploss above my entry point, to lock in some profits. The rest is free trading. Remember to always take profits and use proper risk management! Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Like To Use: I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Long
by Kch28
DOGEUSDT 3D Dogecoin price tries to find the bottomFor your attention, the DOGEUSDT chart trading pair on a 3-day time frame. The downward trend at the DOGEUSD price has been going on for more than 14 months and speculative interest in this manipulative coin has most likely disappeared in many. But on the other hand, there are probably many investors who are stuck in this coin and the deposit is now in a slump Most likely, this idea is primarily for them. More than a month, the DOGE price consolidating in the liquidity zone of $0,04-0,08. It was in this liquid zone at the beginning of 2021 the DOGEUSDT price consolidated before the final pump by 1400% in 2021. Currently, we do not believe that such a powerful pump will be organized in the near future. However, at the moment, a "Double bottom" reversal pattern is forming, just like at the beginning of 2021. The first strong resistance level from above is $0,08, the next is $0,1 The negative scenario will activate if the sellers manage to fix the price below $0,04, then a continuation of the strong fall in the Dogecoin price is possible _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
15
Cryptocurrency DOGE - big move soonDogeusdt, unlike the BTCUSDT did not update the minimums, which were set in February 2022. Perhaps at Dogecoin are more patient and confident investors than most cryptocurrencies lately. You can find out by watching the behavior of the price in the future, and you can try to go into the medium-term trade, with a relatively short stop, the choice of course is up to you: Enter the position in the area of ​​$0.113-0.117 Stop below $0.1072 (-6.8% of entry point) Take profit in area $0.175 (+52% of entry point) Profit / loss ratio 7.7 / 1 If you dare to trade, the stop is mandatory, because below it opens a void to fall at least another -20% _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
22
$DOGE @elonmusk is buying Twitter...probably nothing...Analyzing $DOGE is like doing Elon Musk analysis. The two are connected and unpredictable. We can however see that the movement is bullish and the ATH has been running for almost a year (May 8th 2021). In the $DOGE foundation there are both Musk and Buterin and this coin has yet to take its revenge on the other Dog. If the rise starts as it seems, I thought about the TP (green) and the SL (orange) reached each step. The FIB time cycle suggests that something may happen around June 10th, but I think it happens sooner. And yes! Musk is buying Twitter...probably nothing...
Long
by cryptoitalia2024
2
DOGE (Dogecoin) Coin Analysis 26/03/2022Fundamental Analysis: Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin. Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content. You can get tipped Dogecoin by participating in a community that uses the digital currency, or you can get your Dogecoin from a Dogecoin faucet. A Dogecoin faucet is a website that will give you a small amount of Dogecoin for free as an introduction to the currency, so that you can begin interacting in Dogecoin communities. Dogecoin differs from Bitcoin's proof-of-work protocol in several ways, one of which is by using Scrypt technology. The altcoin has also a block time of 1 minute, and the total supply is uncapped, which means that there is no limit to the number of Dogecoin that can be mined. You can mine Dogecoin either solo, or by joining a mining pool. A Doge miner can mine the digital currency on Windows, Mac or Linux, and with a GPU. As of 2014, you can also mine Litecoin in the same process of mining Dogecoin, as the processes were merged. In 2014, a not-for-profit foundation was formed by members of the Dogecoin team to provide support, advocacy, trademark protection and governance for the cryptocurrency project. However, the foundation was dissolved over time. After several years of being inactive, the foundation was relaunched in 2021 with a “renewed focus on supporting the Dogecoin Ecosystem, community and promoting the future of the Dogecoin Blockchain.” In addition to some of the original core team, the project now has some seasoned industry players as part of its board of advisors. According to the foundation’s website, members of the board will meet monthly to discuss issues relating to Dogecoin. In regards to its advisors, the group is made up of Dogecoin founder Billy Markus, the project’s core developer Max Keller, Ethereum founder Vitalik Buterin and Elon Musk as represented by the head of the Musk’s family office, Jared Birchall. Members of the Board of Advisors will function in various capacities. While Keller will serve as the project’s technical advisor, Markus will be in charge of the community and memes. Meanwhile, Buterin will function as the blockchain and crypto advisor for the foundation, and Birchall will represent Elon Musk as legal and financial advisor. As a first assignment, the Board of Advisors will be working to secure three-year funding that would allow it to employ a small, dedicated staff to work on Dogecoin full-time. Up until now, the work on the ecosystem has been done by volunteers. The success of Dogecoin is closely intertwined with Elon Musk's passion for it. Musk began tweeting about Dogecoin in early 2021, sharing a Lion King DOGE meme. That kickstarted a furious DOGE rally — with temporary dips — that culminated in Musk's appearance on Saturday Night Live. After the SNL appearance, DOGE crashed despite Musk's promises to moon its price. In the following months, Musk seemed to lose interest, and the price of DOGE has tumbled over 70% from its all-time high. However, Musk still yields power over Dogecoin, as occasional tweets indicate. The current CoinMarketCap ranking is #13, with a live market cap of $17,415,963,742 USD. It has a circulating supply of 132,670,764,300 DOGE coins and the max. supply is not available. Technical Analysis: As this Crypto Asset has lost 85% of its Price Value it seems to be Discounted and Undervalued and can be considered as an Investment Opportunity. There exist a Bullish Divergence of Price and MACD, which is the very sign of Bearish Trend Reversal and start of the new Bullish Cycle, alternatively we have defined 3 New Targets, where we expect the next bullish Trend to Achieve. There are 3 Targets defined by Fibonacci Trend Base Extension Levels, where as the 3 TP gets its Confirmation, as the price action triggers the 2 TP, followed by some price correction and retracements consequently Reaccumulate at lower levels and lets the Smart Money Flow in to it and the Propagandas will Start. so it shoot for the 3 TP which is 2$. Sentimental Analysis: There exist Possibility of higher Price as this Asset has a lots of controversial Sentiments Around it and the overall human's mind consensus can be controled by Mass Media and it can result in the lots of hype, probably followed by public fund inflow and it can pomp the Price to 5$ or even higher...
Long
by BitonGroup
9