#DOGE/USDT#DOGE
The price has been moving in a descending triangle since January 2023
With the presence of a retracement triangle pattern inside that descending channel
Finally, the price reached the upper line of the channel, which is the main resistance line
At 0.0920, which is the current price
We expect to break the resistance line with targets
First target 0.1039
Second goal 0.1157
Third goal 0.1418
With the expectation that the Moving Average 100 will be broken soon
With a large selling effect, it increases the chances of a rise
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like this kind of analysis don't forget to like and follow
Dogecoin
💎 GTAI/USD - Be Ready for the LONG ! (READ THE CAPTION)By checking the GTAI/USDT chart, we can see that after the last analysis, the price started to correct to the attractive range of our desired demand, and we are still waiting for another 10% correction with a suitable trigger in the range of 3.45 to 3.85 to enter the LONG position! As I said in the previous analysis, the possible targets of this analysis will be $5.5, $6.2, and $10, respectively! (will be updated)
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
Unleashing the DOGE: Dogecoin's Chart Signals a Meme Coin RallyBINANCE:DOGEUSDT The leading meme coin, presents a compelling case for a bullish trade opportunity. Technical indicators on the hourly chart have aligned, signaling potential for growth. A bullish price action coupled with a recent upward breakout from a symmetrical triangle pattern suggests a momentum shift favoring the bulls. While historical bearish divergences on the RSI warrant caution, the current neutral RSI position provides room for upward movement without immediate overbought concerns. This trade captures the essence of harnessing market sentiment while grounded in disciplined technical analysis, offering an intriguing entry point for traders seeking to capitalize on Dogecoin's market movements. The many reasons why i am entering this trade are listed below:
Exponential Moving Averages: The chart displays a bullish price action above or touching mostly the 50 EMA (green line) which both are above the 200 EMA, which is generally considered a bullish signal.
Trendlines: There is an ascending trendline support that has been respected several times, indicating an uptrend. The price has recently bounced off this trendline, suggesting the trend may continue.
Consolidation and Breakout: The price action shows a period of consolidation within a symmetrical triangle pattern, which is typically a continuation pattern. The breakout to the upside (where the green arrow points) suggests potential for a long position.
RSI: The RSI is neither overbought nor oversold, currently around the mid-level, which indicates there is room for the price to move either way. However, earlier bearish divergence signals where the price made higher highs and RSI made lower highs could be a cause for concern.
Market Sentiment: As Dogecoin is heavily influenced by fundamentals, staying updated on these could provide better context for the trade.
As always, it's important to use proper risk management strategies, including setting stop losses (potentially below the 200EMA or the most recent swing low) and only risking a small percentage of your trading capital on any single trade. TPR here for me only 200%
Good Luck
DOGEUSDT.4HIn the 4-hour DOGE/USDT chart, we’re witnessing a recent decline in price after an uptrend.
Resistance Levels (R1, R2): Resistance is found at 0.18159 USDT (R1) and 0.20989 USDT (R2). These may represent points where the asset has historically faced selling pressure and could act as target levels for future price increases.
Support Levels (S1, S2): Support is established at 0.15573 USDT (S1) and 0.12103 USDT (S2). These could be pivotal zones where the price may stabilize or bounce if downward pressure continues.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, suggesting bearish momentum. The histogram is also negative, supporting this sentiment.
RSI (Relative Strength Index): The RSI is hovering around 51, indicating a relatively balanced market with neither overbought nor oversold conditions.
Conclusion:
Given the current scenario, I would watch for how the price interacts with the first support level (S1). If it holds, it might provide a good entry point for a potential rebound, especially if other indicators like the MACD start to show a shift in momentum. If S1 fails to hold, I’d consider S2 as the next area of interest for support. For resistance, if the price rebounds and approaches R1, I’d assess the strength of the move and consider taking profits if the price struggled to break through. Stop losses would be strategically placed below support levels to manage risk. It's essential to also pay attention to market news and sentiments that could influence Dogecoin's price.
Elon Musk Poised To Open Dogecoin (DOGE) Payments For Tesla CarsElon Musk To Introduce Dogecoin Payments For Tesla
Elon Musk recently visited the German Tesla factory near Berlin due to a suspected arson attack and mentioned Dogecoin ( CRYPTOCAP:DOGE ) during his speech on the stage. He underscored the significance of launching DOGE as a payment method for Tesla and noted that it will be possible at some point. Moreover, he expressed optimism on the meme coin’s future and ecstatically remarked, “Dogecoin to the moon.”
If the announcement becomes true, it would mark a massive milestone for the DOGE crypto, which is currently vulnerable due to its rival Shiba Inu ( CRYPTOCAP:SHIB ). Meanwhile, Musk concluded that CRYPTOCAP:DOGE can be used as a means of payment to acquire Tesla merchandise currently. Furthermore, Musk spotlighted his unwavering support for the doge-themed crypto and highlighted why he endorsed Dogecoin in the past.
Musk revealed that while working in the Tesla and Space X plants, so many people asked him to support Dogecoin. Eventually, Musk agreed that CRYPTOCAP:DOGE is the “people’s crypto” and decided to back the King of meme coins. Moreover, he also highlighted that loads of “rich people” were supporting Bitcoin (BTC) but he chose DOGE owing to the request made by the general people. In addition, Musk spread optimism declaring, “DOGE is for you.”
DOGE Competition Intensifies
Shiba Inu has seen a surge in demand, overtaking Dogecoin in terms of the weekly trade volume. Despite Dogecoin’s status as the market leader in the meme coin space, Shiba Inu outshined DOGE’s trading volume last week. SHIB recorded an impressive $31 billion in trading volume last week.
Technical Outlook
Dogecoin is trading above its 200-day Moving Average with a Relative Strength Index (RSI) of 70 indicating moderate growth from the memecoin. The asset could find new resistance at the $0.236 mark.
Cryptolean Dogecoin DOGE Update Dogecoin is bullish in the daily chart and consolidating between $0.15 support and $0.18 resistance.
A bullish break-out of $0.179 will push DOGE price towards $0.20 and higher to $0.24.
$0.145-$0.155 acts as a daily support zone and below it, Dogecoin will decline towards $0.121.
Intraday Chart
The DOGEUSDT 4-Hour chart is neutral and trading in the wide intraday range zone where the price action will be slow and boring.
A bullish break-out of $0.182 will make #Dogecoin bullish in the 4-Hour chart and the bulls will send price to the key intraday resistance zone of $0.221-$0.236 and higher.
A bearish break-out of the key intraday support of $0.15 will push price lower to $0.11, howver this scenario is unlikely.
Like once read!
Thank you.
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
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
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
💎 BTC/USDT - New ATH ~ $72K , What's Next ? (READ THE CAPTION)With the new review of the Bitcoin chart in the weekly time frame, we see that in the past moments we saw the price reach a new ATH and Bitcoin managed to grow to $72,000! I congratulate Bitcoin holders on this attractive growth! As you know, when Bitcoin reached the level of $70,000 last week, And it even dropped to $58,000, which quickly filled this liquidity gap and we saw its further growth to higher levels! The next possible targets of Bitcoin will be $77,700, $79,000, $85,000 and $100,000 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
SHIBMANIA - Over 700% Gain From Our Last Analysis! ✅In our last analysis, we made everyone aware that SHIB was getting ready to explode.
Safe to say that we sure did explode, with over 700% gained! We'll be targeting 0.00008 and then seeing how far we can go with this.
Hope you guys managed to make some gains!
Goodluck and as always, trade safe!
See your previous analysis below
DOGE: Breakout Potential/ Long-Term Investment Considerations
Accumulation Range Breakout:
BINANCE:DOGEUSDT has successfully broken out of its previous accumulation range over the past few weeks.
🐃This breakout confirms a bullish trend reversal and indicates potential for further price appreciation.🐃
🍣Key Resistance Level and Consolidation:
The price has reached a significant resistance level, leading to price consolidation and RSI reset.
A successful breakout above this resistance level could propel the price towards the next weekly resistance at 0.3.
📊Volume and RSI Considerations:
Adequate market volume is crucial to facilitate a breakout above the current resistance level.
RSI approaching the overbought zone would indicate strong momentum and support the bullish case.
📈MID-Term Investment Potential:
Based on higher targets, DOG could be a viable investment option if the overall market trend remains favorable.
However, investors should exercise caution due to the inherent risks associated with cryptocurrency investments.
🔍📉Reversal and Ranging Scenarios:
Rejection at the current resistance level and a breakdown of the RSI trendline could result in a price correction or extended consolidation.
🚫Investors should monitor these factors and adjust their strategies accordingly.
🚫This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before investing.🚫
Altcoins ready to explodeMarked on the chart are specific divergences on the weekly timeframe for TOTAL2 mcap vs BTC mcap. Because its a ratio we discount all effects of fiat currencies and central bankers. An explosive rally in alt coins is now long overdue and we can expect parabolic moves in the near future. The signal is 100% accurate.
🚀 $DOGE to 1$ + ! 📈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. 🚀🐕
💎 GTAI/USD - Ready for another BullRun ? (READ THE CAPTION)By examining the GTAI/USDT the cryptocurrency chart, we can see that exactly as we expected, after GTAI corrected to the range of $1.6, it was accompanied by high demand and was able to hit all the announced targets And bring us an efficiency of about 223% until this moment! I hope you have made the most of this analysis! I think there is still room for growth and it may continue to grow after a correction! The demand ranges are $3.47 to $3.84 and $4.5 respectively! Possible targets will be $5.5, $6.2 and $10 respectively! (will be updated)
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 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!