Dogecoin
Dogecoin - intermediate Triangle of primary trand continuationIn Elliot wave principle analysis - Triangle is a figure of a trend continuation. It always occurs in a position prior to the final actionary wave, in the pattern of one larger degree.
I.e as a wave four in an impulse, wave B in an A-B-C, or the final wave X in a double or triple Zigzag. A triangle may also occur as the final actionary pattern in a corrective combination, although even then it usually precedes the final actionary wave in the pattern of one larger degree than the corrective combination.
The triangle is part of corrective wave and the exit target of the reactionary wave is already worked out. The probability than we go down is higher than we go up, you can find it in a previous postings.
You can see an example how worked out the triangle exit on Silver 1974 year - fourth wave, as well.
As for bottom of this triangle, you can see it on this chart: -0.00769 USD.
Good luck in your trading and have a massive profit !
DOGE Building Pressure To MoonMartyBoots 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
Even tho the bull market is here DOGE has not fully mooned yet there is still time to buy on DIPS . The ALTCOIN market has just hit a critical level in this bullish structure and dips are buys, when these dips happen DOGE can start its move higher . This needs to be watched carefully.
DOGE To The MOON
Please watch the video for more information
Dogecoin (DOGE): Zoom Out and hop on the next Big Move!Starting with Dogecoin on the Monthly Chart, we're observing a potentially lucrative opportunity. The subordinate Wave ((iii)) has completed at the precise 161.8% extension level, and it appears that Wave ((iv)) has concluded within the 38.52% retracement range. A notable detail is the wick of the current monthly candlestick reaching down to close the Fair-Value-Gap on the Monthly Chart, suggesting a robust and effective market response. Given these developments, our expectation is that there won't be further significant dips below this level.
Looking at Dogecoin on the Daily chart, we observe a significant Demand Zone which we believe should be respected if tested another time. We choose not to zoom in further as the range appears quite defined to us.
We are placing our stop-loss just below this touched and thoroughly respected Demand Zone. If we repeatedly enter and "cut" through this zone, we might consider exiting the position prematurely. However, unless that happens, we plan to maintain our position.
Our minimum target is the level of the previous All-Time-High. We anticipate breaking the local daily chart high of $0.23, aiming for higher levels as part of our ongoing trading strategy.
DogeUSD: Probably not quite done yetOverall crypto market correction has been rough on Doge. So far top to bottom has been about a 44% drop. I don't think this so called "Bullish Dip" is quite done yet. We should see at least one more low to complete the 5 waves sequence of wave 5 of wave C of the wave 2 correction. Even though the bullish invalidation is way back at $0.05, I will start to get nervous if Doge breaks down below the minor degree wave 1 top at around $0.11. That will be below 0.5 retracement and will be a sign of extreme weakness. Even below $0.12, things will start to look like a H&S pattern and bears will come out to eat this puppy alive. Let's see how this plays out, but I would expect this volatility to continue for a few more weeks. Stay safe out there.
Doge $Doge #Doge Doge on the daily is fighting and losing to the SMA50,it is below the SMA9 as well as the EMA20.
It is falling off on volume as well as momentum and the BEARS are stepping back in.
For the last 2 days it's been a perfect short if you just short from the SMA50.
We still have a sell signal which never retreated regardless of this recent bounce.
WE have decent support in the $0.11-$0.12 range/levels marked out. This level also coincides with the top from 12/6/22 as well as the bottom support from recent 3/19/24 dip.
Below that we should find much greater support at $0.10 level which also gains further support from the SMA180 as well as the top from December 6th-9th of 2023.
On the weekly we get a slighter different picture with us getting rejection on the weekly from the SMA9 but finding trend support around the EMA20.
Even with an aggressive decline in the overall markets short of a true black swan event i do not see us breaking and staying below that level. Should this change, I will update as /when needed.
For now, I would just focus on these levels for the entries and exits to play.
If you ever wanted to follow early to accounts that stay in the game and up with what's going on and wish you made an appearance with them prior to them being bigger followings etc. this is a great opportunity lol with me, my larger OG account I've spent the last several years and all throughout the bear building was killed by X and now I'm starting over from scratch.
I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame.
I think that this can really help speed up learning for many and to open their minds to variables.
As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so.
Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders.
I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have.
For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms.
Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
Doge $Doge #Doge Doge broke out after a long consolidation and once it got above the $0.10 level that it had a lot of progress to the upside and eventually topped out just above the $0.20 level.
On the way back down, you will find that there is temporary support in the $0.12-$0.13 range which for the bulls hopefully holds.
However, if and when you next lose that $0.12 range you will find your next and much more significant level of support at the $0.10 range.
Should you ever again see CRYPTOCAP:DOGE back below the $0.10 range, you'll find that there is very significant support at the $0.08 level.
CRYPTOCAP:DOGE spent a LOT of time consolidation in a range of $0.06-$0.08 in the prior bear.
I personally don't know if CRYPTOCAP:DOGE will ever see anything below that again in its life without some sort of actual black swan event.
I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame.
I think that this can really help speed up learning for many and to open their minds to variables.
As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so.
Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders.
I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have.
For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms.
Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
Dogecoin DOGE price is now at critical point, where to go next ?Today we'll talk about "the first of the memecoin family" - #Dogecoin
The first thing I remembered is an article in January 2018 with the creator of CRYPTOCAP:DOGE , where he said that he was shocked that the capitalization of the coin he created as a joke in 2014 reached a capitalization of $2 billion.
Moreover, in 2017, we personally often used Doge to transfer funds, because transactions took 5 minutes for a ridiculous fee. Now it's the norm, but in 2017, ERC-20 transactions were popular for $15-20 commission, but the transaction could take from a couple of hours to a couple of days, could easily get lost, and you had to write to the exchange support: where is the money?) That's a little nostalgia to make the oldies shed a tear :)
In 2021, when a "pro at manipulating and pumping projects" got involved, Dogecoin's capitalization reached 90 billion and at the same time Doge had a "large community of holders" who bought at the highs.
And as a result, they have been sitting in a drawdown for 3 years...
But!!! There is a ray of hope and a chance that the price of #DOGEUSDT will reach $0.41
Not soon, and before that, there is still a chance to correct to $0.1, because now the DOGEUSD price has stuck to a strong mirror level, which is difficult to break through at first.
By the way, we wrote publicly in mid-2023 about Doge that "someone buying it" and its pump still coming, with a forecast for a pump in Q2 2024 :) Read it if you are interested.
Since then, the price of Doge has made a good x3.
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ETHEREUM - Higher Timeframe Overview ✅Ethereum appears to be in a large correction. We are currently in the midsection of the correction, where we have a channel containing a WXY corrective price action.
We are looking for one more move higher to complete wave X.
See our next post for the lower timeframe analysis.
Goodluck and as always, trade safe!
DOGE → Are We Heading to $0.30!? Or $0.10? Let's Answer.Doge had an 80% Weekly bull candle at the end of February followed by continued bull pressure into March. Where will Doge find resistance?
How do we trade this? 🤔
The current market has a strong bullish sentiment. The 80% bull candle was followed by a tight trading range with more strong bull candles. We have yet to see a signal for pullbacks or reversals. We are on the second push up in the trend, leaving us the potential for one more.
The RSI is currently at 78.00, which ought to give us some pause about the continuation of the bull action before a pullback. That is why I advocate waiting to enter a long until the price comes back down toward the Weekly 30EMA.
It is reasonable to long scalp on a lower timeframe like the 4HR or even the Daily, but with a small position size and tight stop loss. Waiting for the pullback to the 30EMA is ideal for a long.
💡 Trade Idea 💡
Long Entry: $0.14
🟥 Stop Loss: $0.09
✅ Take Profit: $0.29
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. Two pushes up in a bull trend with a gap to close at $0.29.
2. 80% bull candle at the end of February signals strong bull strength.
3. Tight trading range after the February bull candle, likely a measured move up.
4. Long scalp on lower timeframe or wait for pullback to Weekly 30EMA to long.
5. RSI at 78.00 and above the Moving Average supports pullback before the next move up.
💰 Trading Tip 💰
The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
Is Dogecoin on the verge of a breakout? Demand Range: A Launch Pad for Leap?
In the daily chart of Dogecoin, we see the formation of a demand range at the price levels of 0.14700 to 0.15700. This area indicates strong demand to buy Dogecoin at this price range.
As can be seen in the chart, Dogecoin price is currently forming higher bottoms. This behavior contrasts with lower bottoms in downtrends and can indicate the market's tendency to reverse.
Price behavior model: hope for the future
In addition to the demand range, Dogecoin's price behavior is also showing positive signals.
Currently, the price of Dogecoin is in a stabilization phase and is gathering energy for a possible move. This behavior is observed in many price charts before large uptrends.
considerations:
Note: This analysis is not a definitive signal to buy or sell Dogecoin, and is based solely on technical indicators and historical price behavior.
Risk Management: Before making any investment, be sure to do your research and only invest as much money as you can afford to lose.
Entry points: If you want to enter the trade, the 0.15700 and 0.14700 ranges can be good entry points.
Goals: Setting profit goals depends on your trading strategy. You can take profit at any price that suits you.
DOGE Coin buySo Doge Coin has had a lot of hype around it, mainly because of Elon Musk, and now it is slowly becoming a respected coin. I love trading it and I'm sure there are lots of people that do.
Anyway here is DogeCoin buy TPs are Marked when TP1 breaks the secure your trade.
Hope lots of people earn lots of money today. Yesterday we gave out signals and earned 700 pips on gold, and big profits on silver.
DogeCoin DogeUSD Buy📈
Entry: 0.2062221
SL:🛑 0.1884981
TP1: 0.2283771
TP2: 0.2418716
TP3: 0.2593942
TP4: 0.2827577
Doge next 0.40$hello guys, i been busy hunting.
For this useless coin i see a Elliot pattern, so next move is leg 3, will go to 0.40$
RSI is above 50.
remember i posted when i bought at 0.08$
i know you believe in me, but some people no, haters...
well guys, if you are ready take your time to see a movie and enjoy with your family friends..
💎 BTC/USDT - Going for $100K ? (READ THE CAPTION)By checking the Bitcoin chart in the weekly time frame, we can see that the price after the correction up to $64,000 went up again and increased up to $72,800! Now the price is trading in the range of $70,000 and in 7 days we will witness bitcoin halving which can cause heavy fluctuations of this cryptocurrency! We are impatiently waiting for this event! After halving, we may see Bitcoin grow up to $100K! But be careful, before the start of this growth, we may see a drop and dumps in the price to Stop Hunt for collecting liquidity from the whales!
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
💎 MPC/USDT - +50% Rise and now it's Correcting ! What's next ? One of the most recently attractive analyzes belonged to MPC/USDT, in the latest analysis of the mentioned demand range it began to grow and grew with more than 50% pump in less than a week from 30 cents to 45 cents. ! Hope you made the most of this analysis! Next Targets are $ 0.45, $ 0.519 and $ 0.69, respectively!
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
DOGE Premium SigmalHey, folks, three days ago I gave you an entry idea. But today, I saw that the moderator blocked my signal for violating advertising rules. But you know what? I'm sharing this trading pair with you again. Our entry into the position is golden! We're already in profit, so we're moving our stop loss to break even. I know one of the market maker groups that pumped Doge from 0.7 to 0.21 has already exited their position, and another group has fully bought back in and is ready to hold Doge until the next targets! Have a great day, and please show more support for my analysis! 🚀🐕
DOGE >> Its Doge Season // Now you are here ! DOGE >> Its Doge Season // Now you are here !
3 different cycle, 3 bull season !!
level1 > top (blue)
level2 > bear (yellow)
level3 > bear + acumulation
Chech the grey boxes... and get ready for doge season =)
#doge CRYPTOCAP:DOGE
DOGECOIN/ Total Marketcap chart
DOGE vs LTC vs BTC vs XRP
2014-2023 (9 year history) period
btc and xrp started to pump. and doge and ltc will follow them.
🔥 #NASDAQ - First LONG , Then SHORT (READ THE CAPTION)By checking the Nasdaq index chart in the 4-hour time frame, we can see that the price started to move exactly as we expected and it grew with more than 330 pips of yield to the range of the previous supply zone! After entering the supply range of 18360 again, the price faced a heavy drop and corrected to the demand range of 17800 to 17970! Now the price is trading in the range of 18130 and is trying to fill the previous FVG! Probably we will see a growth first and then fall again!
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
DOGE COIN gain 0.29 is coming 🚀Hello 🐋
Considering the chart
and high volume of these days for doge, and many breakout of the resistance area to the upside 👌💪
I anticipate
upside gains, with a primary target of at least 0.29000 📈🤞
📖💡 Feel free to express your perspective by commenting below. Thanks! 🐋
Now Doge TimeI say we killed the memes, now it's time to resurrect the dead. I was planning to buy Doge at the trend retest around 0.167, but I forgot. Now, if it goes above 0.187, I want to try long up to 0.25. It looks nice in terms of structure and I compared it to an Elliot structure, maybe it has nothing to do with it, maybe it is like that, it will work.
Note: The only thing I know about Elliot is that I can count numbers.
Dogecoin Surges 7.5% on Saturday, Up by 4.19% Monday Morning On April 6, the cryptocurrency Dogecoin ( CRYPTOCAP:DOGE ) demonstrated a noteworthy surge, outperforming the broader cryptocurrency market with a 7.5% increase in its price to $0.186, up by 4.15% Monday morning now trading at $0.207 as at the time of writing compared to the market's overall gain of 1.71%. This price rally highlights a bullish trend among top meme coins, reflecting a growing appetite for risk among traders.
Memecoins, known for their speculative nature due to their minimal underlying value, are considered high-risk investments within the cryptocurrency sector. This sets them in stark contrast to traditional safe-haven assets.
Against this backdrop, the U.S. dollar is facing a decline in value against a basket of leading foreign currencies. The U.S. Dollar Index (DXY) highlights a negative correlation between Dogecoin ( CRYPTOCAP:DOGE ) and the dollar, indicating that the weakening dollar is temporarily enhancing the attractiveness of riskier investments like meme coins on April 6.
Whale Alert noted significant trading activity, reporting an anonymous wallet acquiring 199.27 million CRYPTOCAP:DOGE in two transactions from Robinhood, totaling approximately $35.45 million. This substantial investment garnered significant attention, contributing to Dogecoin's price increase.
Despite this, a decrease in Dogecoin whales - those holding large amounts of the coin - suggests a possible overvaluation of these transactions' market impact. Simultaneously, Dogecoin's market dynamics reveal a decline in open interest (OI) and funding rates for its perpetual contracts.
From a peak of $2.21 billion on March 29, the OI dropped to $1.38 billion by April 6, indicating a potential reduction in trader engagement for various reasons, such as profit-taking or exposure reduction. The funding rate also saw a decrease to 0.0172% from a recent high of 0.106% on April 1, hinting at a lower inclination among traders to maintain long positions.
This scenario, where reduced selling pressure accompanies a price increase due to traders closing their short positions, is evident in Dogecoin's market.
Technically, Dogecoin ( CRYPTOCAP:DOGE ) is in an Ascending Triangle pattern with the daily price chart candle sticks indicating the "Three white soldiers" pattern indicating DOGE coin's Bullish streak. Further ascertaining DOGE's bullish momentum, is the Relative Strength Index (RSI) which sits at 60.