Dogecoin
DOGEUSD Are you people ready??We have recently viewed Dogecoin's (DOGEUSD) Cycles and mentioned why we expect it to start rising parabolically soon. What we haven't done but it's what we bring you today is those Cycles compared to the Cycles of the flagship of the crypto world, Bitcoin (BTCUSD).
We will keep it simple, because that's what the chart is, no need to complicate what's obvious with added terms and info.
As you can see, every time Bitcoin broke above its All Time High (ATH), Dogecoin was on a medium-term correction (though well within its Bull Cycle) under Lower Highs and marginally above the 0.236 Fibonacci retracement level. Once Bitcoin broke out, Doge did also only though much more aggressively and within a few weeks it reached its previous ATH.
Needless to say, it didn't stop there but went on to peak much higher. Once more, the market finds itself in the exact same position as before in history. Are you ready??
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
$DOGE range strategy for 3000% runthe best place to buy doge has always been in the lower half of the breakout range (s/r flip) targeting the diag channel upper sell zone.
each low has been marked by sweeping the previous low within the diag buy zone.
in other words lower half range + buy zone = good buy
and breaking above previous range into sell zone = good sell
its a very easy strategy for opportunistic buying and selling.
DOGE at a Critical Juncture: Breakout Signals Potential RallyMarket Overview:
Dogecoin (DOGE/USD) has broken above a key diagonal trendline, suggesting a potential shift in its long-term trajectory.
The recent price action also includes a higher-high, and if a higher-low forms during the current pullback, it would solidify a short-term bullish trend.
Price Targets:
If the breakout holds, Dogecoin could target previous swing highs in the $0.13-$0.14 range.
Monitoring the volume profile is key, as strong buying volume will confirm the momentum of this breakout.
#Dogecoin #DOGE #CryptoAnalysis #BullishTrend #Breakout
Bitcoin Weekly Analysis : Bull or Bear? Let's See (READ CAPTION)By analyzing the #Bitcoin chart on the weekly timeframe, we can see that the current price is around $62,640. We observed that after dropping to $60,000 due to the ongoing conflict between Iran and Israel, the price was met with strong demand and, as mentioned earlier, has rebounded 4% to the current level. If the conflict continues, there is a high probability that Bitcoin will See target levels below $60,000 and even $52,000. Therefore, keep in mind that the most crucial support level for Bitcoin at the moment is between $60,000 and $60,200. This analysis will be updated accordingly.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
DC. Again and Again.RSI is in the oversold zone on a local uptrend + the price is narrowing the range, forming an equilateral triangle since July. Risk/reward looks good for forming a spot position or trading with a small leverage. Potentially, the price is able to move within triangle for several more months, which also curiously coincides with the beginning of the final growth impulse of both Bitcoin and entire market.
DC. Ascending Triangle.The time interval for the triangle formation is approx 29 days. An upward exit implies a 100% growth. If price now finds support from the long-term moving average, then the average will act as resistance in upcoming bull run of the asset. The price growth, as well as the volume growth, coincides with abnormally increased activity in Dogecoin chain. Remember that it is the Dogecoin community that is inspiration behind the creation of the smart contract blockchain for Dogecoin chain and community.
$ARTY : Another Bullrun Ahead ? (READ THE CAPTION)By analyzing the AMEX:ARTY chart on the 4-hour timeframe, we can see that the price is currently trading around the $0.49 level. Previously, the price managed to break the resistance at $0.5599 and even rallied up to $0.5921 before starting its current correction. The key support levels to watch are between $0.4580 - $0.4750 and $0.4250 - $0.4390 . Keep an eye on these zones for potential buy opportunities! (This Analysis Will Be Updated Soon with new Targets)
For Those Whose Asking, I’m not too familiar with the fundamentals of this project too much, but considering the Artyfact Beta launch and the many upcoming events in the Artyfact ecosystem, it seems likely that we could see the next pump for AMEX:ARTY soon! With a current market cap of just $8 million, there's still a lot of room for growth. For those interested, AMEX:ARTY is already listed on exchanges like OKX, Bybit, KuCoin, and a few others !
DOGE : The prospect of increasing?As you can see, DOGE has created an ascending Triangle and is also located in the falling wedge, which means that if it breaks, we expect the price to reach the target (AB=CD).
✨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!!
Dogecoin - Going upbut only for a little while. Do not believe this is another January 2021 moment, there's good reason for that. For other tokens, yes. For Dogecoin, a rally into a continuing Macro Downtrend.
On the above 3-day chart price action has corrected 90%. An excellent long opportunity now exists. Why?
1) Price action and RSI resistance breakouts.
2) Price action prints a triple bottom on past resistance.
3) Some other reasons but will not say here.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <= 6%
Timeframe: Act now
Return: Will say else where
CRYPTO: How it works and how it is explained for beginners.Here is a detailed explanation of the key concepts related to cryptocurrencies:
Cryptocurrency
Cryptocurrencies are decentralized digital currencies that use cryptography to secure transactions. Unlike traditional currencies, they are not issued by a central authority such as a bank.
The main characteristics of cryptocurrencies are:
-They exist only in electronic form
-Transactions are made directly between users (peer-to-peer)
-They use blockchain technology to record transactions
-Their value fluctuates according to supply and demand
Blockchain
Blockchain is the underlying technology that allows cryptocurrencies to function.
Its main features are:
-It is a distributed and decentralized ledger that records all transactions
-Each transaction forms a "block" that is added to the existing chain
-The data is encrypted and impossible to modify once recorded
-It works without a central authority thanks to a network of computers
The halving
The halving is a scheduled event that concerns certain cryptocurrencies such as Bitcoin.
Its main characteristics are:
- It halves the reward given to miners for creating new blocks
- It usually occurs approximately every 4 years (every 210,000 blocks for Bitcoin)
- Its purpose is to control inflation by gradually reducing the issuance of new units
- It can have an impact on the price of the cryptocurrency by reducing the supply
_____________________________________________________________
The different types of coins
There are several categories of cryptocurrencies:
Bitcoin: The first and best known cryptocurrency
Altcoins: All cryptocurrencies other than Bitcoin (e.g. Ethereum, Litecoin)
Tokens: Tokens created on existing blockchains, often linked to specific projects
Stablecoins: Cryptocurrencies whose value is indexed to a fiat currency or a stable asset
Memecoins: a cryptocurrency that comes from an Internet meme or that has a humorous, ironic characteristic, a joke as its origin.
Each type of coin has its own characteristics and uses, but all rely on blockchain technology to operate in a decentralized manner. 10 minutes ago
Comment
Here is a list of the top altcoins, memecoins, and stablecoins to know in 2024:
Major Altcoins:
-Ethereum (ETH)
-Cardano (ADA)
-Solana (SOL)
-Polkadot (DOT)
-Ripple (XRP)
-Litecoin (LTC)
-Chainlink (LINK)
-Polygon (MATIC)
-Avalanche (AVAX)
-Tron (TRX)
Popular Memecoins:
-Dogecoin (DOGE)
-Shiba Inu (SHIB)
-Pepe (PEPE)
-Bonk (BONK)
-Book of Meme (BOME)
Top Stablecoins:
-Tether (USDT)
-USD Coin (USDC)
-Frax (FRAX)
-Dai (DAI)
-TrueUSD (TUSD)
-First Digital USD (FDUSD)
-Decentralized USD (USDD)
Altcoins are alternative cryptocurrencies to Bitcoin, often offering specific features or use cases.
Memecoins are cryptocurrencies that were initially created as jokes but have sometimes gained popularity.
Stablecoins are cryptocurrencies designed to maintain a stable value, usually pegged to a fiat currency like the US dollar.
Each category has its own characteristics:
-Major altcoins often aim to solve specific problems or provide platforms for the development of decentralized applications.
-Memecoins are generally driven by their community and can experience high volatility.
-Stablecoins seek to offer the stability of traditional currencies while retaining the benefits of cryptocurrencies.
It is important to note that the cryptocurrency market is very dynamic and the popularity and value of these tokens can fluctuate rapidly
DOGEUSDT Short Trade IdeaI'm tempted to take this trade here. Looking for DOGE to retest the previous highs from the top.
It's risky, but I like the risk/reward here. At this point, BTC seems to me struggling for a direction due to low volume, so I'm betting on a downward move over the weekend. Just going with what my gut says.
Depending on how the price moves, I'm planning to trim early if needed.
Entry: 0.12215
SL: 0.12905
TP1: 0.11108
TP2: 0.09989
TP3: 0.09275
Good luck and Happy trading!
DOGE PARABOLIC?? First, watch for these TWO CONDITIONS Dogecoin has been one of my top altcoins to watch for 2024, and it's likely going to be a key player in the parabolic runs during the next impulse wave UP.
If you've been following for a while, you'll know I've been anticipating impulse wave 4-5 around December ( according to Elliot Wave Theory). Across many altcoin charts, we see very clear bottoms as the prices are making their way to the fist major resistance zones.
We see it HERE, on Avax:
HERE on FETCH:
And even on ADA, Here:
______________________________
BINANCE:DOGEUSDT
Moo Deng's Wild Adventure in the Shitcoin ForestIn a world where the line between reality and crypto-fantasy blurred, Moo Deng, the tiny but mighty pygmy hippo, found herself on an adventure like no other. It all began on a particularly humid day in the Khao Kheow Open Zoo, where Moo Deng was lazily sunbathing near her favorite mud puddle. Little did she know, destiny—or perhaps just some glitchy blockchain code—had other plans for her.
One moment she was napping, the next she was tumbling through a swirling vortex of pixels and code. When she finally landed, Moo Deng found herself in a strange, shimmering forest. The trees were made of scrolling ticker symbols, the leaves were tiny dollar signs, and the air was thick with the scent of… memes?
“This must be the Shitcoin Forest!” Moo Deng muttered to herself, recalling the legendary tales of this bizarre place. It was said that deep within the forest, countless meme coins roamed wild and free, each with its own quirky personality and dubious value. But the forest wasn’t without its dangers—rumor had it that the most ferocious creatures in the crypto world lived here: the Bearish Bears.
As Moo Deng cautiously waddled deeper into the forest, she heard whispers among the trees—something about the Bears being in a foul mood. They’d recently suffered heavy losses after a wave of bullish sentiment had swept through the market, leaving them grumpy and hungry for revenge. Unfortunately for Moo Deng, she had just stumbled into their territory.
Before she could react, a group of Bears appeared, their fur bristling with anger and their eyes locked on her. These weren’t just any Bears; they were the notorious Shitcoin Bears, known for crashing everything in their path. The biggest of them, with a scar over one eye, let out a menacing growl, “Who dares enter our forest? Prepare to be shorted!”
But Moo Deng was no ordinary hippo. Though small, she was quick-witted and full of surprises. She knew she had to act fast if she wanted to survive this bearish onslaught. “Well, well, well,” Moo Deng said, mustering her most confident voice, “I didn’t realize the bears were still hibernating in 2024! I guess I’ll just leave you to your… losses.”
The Bears paused, momentarily thrown off by Moo Deng’s sass. But the biggest Bear, undeterred, snarled, “You think you can mock us? We’ll crush you like a meme coin after a pump-and-dump!”
Just then, Moo Deng’s eyes sparkled with a mischievous idea. Recalling the power of the Moo Deng Coin she had inspired, she quickly dug into her pocket (okay, imaginary pocket, but go with it) and pulled out a shiny Moo Deng Coin. “How about a little wager, my bearish friends?” she proposed, spinning the coin on her hoof. “If I win, you let me pass. If you win… well, you can try.”
The Bears, always hungry for a challenge, agreed. “What’s the game?” they growled.
“Simple,” Moo Deng grinned. “Whoever can hold the coin the longest without losing its value wins.”
The Bears, thinking they had the upper paw, eagerly took turns holding the coin. But something strange happened—every time a Bear touched the coin, it grew heavier and started to slip through their paws. Their fur grew more tangled, their growls more frustrated. The coin’s value stayed strong, while the Bears grew weaker by the minute.
Finally, it was Moo Deng’s turn. With a flick of her tiny tail, she balanced the coin perfectly on her nose and began to dance. The Bears watched in disbelief as the coin shimmered, growing lighter and more valuable with every twirl. Moo Deng finished with a flourish, flipping the coin high into the air and catching it with a triumphant grin.
“You lose, Bears!” she declared. The Bears, utterly defeated and embarrassed, slunk back into the shadows, growling something about needing to check the charts.
Moo Deng continued her journey through the Shitcoin Forest, now a legend in her own right. She had faced down the mighty Bears and emerged victorious, proving that even the smallest hippo could outsmart the biggest market movers.
And as she waddled back towards the vortex that would take her home, Moo Deng knew one thing for sure—whether in the real world or the wild world of crypto, she was a force to be reckoned with.
Bitcoin Weekly Analysis : Important Bullish Update (READ)Given the recent rise of #Bitcoin in the weekly time frame and reaching $65,000, as expected, strong support was established at $52,750, and the price did not break below $49,000. In this scenario, the short-term targets for Bitcoin are at $67,700 and $71,800. Additionally, based on previous analyses, Bitcoin's mid-term target is $80,000.
With the upcoming release of the Core PCE Price Index (Personal Consumption Expenditures) report tomorrow, it's important to note that this report directly impacts the Federal Reserve's monetary policy decisions.
If the Core PCE data comes in as expected (0.2%) or even lower, the markets will likely feel less pressure for rapid interest rate hikes. This would benefit riskier assets like Bitcoin, as investors facing controlled inflation and more lenient monetary policies would turn to digital and high-risk assets.
In this scenario, Bitcoin is likely to continue its upward trend and reach the short-term targets of $67,700 and $71,800. In the medium term, with easing inflation concerns and stable interest rates, Bitcoin could see further strength, potentially reaching the $80,000 level.
However, if the Core PCE data exceeds expectations, indicating higher-than-anticipated inflation, the Federal Reserve may decide to implement more aggressive tightening measures, such as increasing interest rates. This could strengthen the dollar and put short-term pressure on risk assets like Bitcoin.
In this case, Bitcoin might experience some downward volatility, with potential support levels at $62,000 and $60,000. However, given the strong fundamental demand and technical factors for Bitcoin, such fluctuations would likely be temporary, and Bitcoin is expected to eventually resume its upward trajectory.
The more likely scenario is that Core PCE will come in at or below expectations, providing breathing room for crypto markets and further boosting Bitcoin. However, careful risk management and quick reactions to the data are advised during this critical period.
Dogecoin (DOGE): correction ahead?Dogecoin (DOGE) has recorded a spike in whale activities in the past 24 hours. Its large transactions surged by 63%, with whales moving 65.41 billion DOGE. This huge holding by the biggest players in the market represents 41% of Dogecoin’s total supply.
The aforementioned surging whale activity suggests that large investors are taking positions, which may be accompanied by increased market volatility.
A spike in whale transactions tends to precede potential significant price movements. When whales make such big moves on DOGE, the market usually follows through with their moves.
This could, therefore, be an indicator that a big price move might be on the cards.
Dogecoin social volume has been on an upward trajectory for the last three days. Social volume helps in the identification of some market sentiment.
Historically, higher volumes of conversations result in new investor interest that puts up demand.
Despite these encouraging signs, the stochastic RSI has just recorded a bearish crossover. This suggests that the market might face a small correction before any upward momentum could resume.
Although Dogecoin has been flirting with a bullish breakout, this crossover suggests pulling back slightly before making its next move.
Whale activity is high, and so is social interest. But the bearish stochastic RSI crossover is just a reminder that prior to any major price movement, short-term corrections are bound to occur.
For now, holding firm and waiting for better signals might be the best approach.
DOGEUSDT remains above Key Level of 0.10DOGEUSDT has successfully broken and closed above the key psychological level of 0.1000. Currently, the price action is consolidating, with the market bouncing off this important level, suggesting a strong support zone. The recent false breakout below the psychological level likely helped the market gather liquidity, which could fuel further upward movement. Since early August, the market has been in a consolidation phase, and there is an expectation that the price will attempt to move toward the top of the range by breaking through the downward channel. The target is the resistance zone around 0.10800