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Dogecoin

Will Doge trigger the channel breakout?We can see Doge’s price action has just recently breached the top trendline of this channel its been in for so long. Should it validate the breakout the target from here would be a measured move to 13 cents. Of course there’s always a decent chance that this candle could go back under the trendline before it closes, s as always patience must be exercised here. Of course the closer we get to confirming phase 2 of the bull season the less the priceaction of most chart patterns is going to dip back below the the trendline before the official breakout confirmations so its possible this could validate a breakout on this initial first brea above the trendline as well. I’m personally going to wait and see where this candle closes..I anticipate if it can close 3 consecutive daily candles above or maybe 1-2 weekly candles above the trendline then it is likely to validate. *not financial advice*
BINANCE:DOGEUSD
by DrDovetail
1
Dogecoin(DOGE): Major Resistance Worked Well As Of Now! Making a descending triangle pattern. This pattern shows that the price is in a consolidation phase, with a trendline resistance that is going down and aligning with the middle line of the Bollinger Bands. Currently, the price is near the apex of the triangle, suggesting an imminent breakdown. If the price breaks below the triangle, we might see a significant move to the downside, with potential targets around $0.08230 and possibly extending to the $0.07535 support zone. We keep a close eye on the price action at the triangle and the major resistance zone for indications of whether there will be a bearish continuation or a bullish reversal.
Short
by SwallowAcademy
2
DOGE - MACD match.Hello! Today we are looking at the doge chart since inception again. This time, a split window, so that we can more accurately compare the MACD momentum indicator at the top. It scales with the price, so have to zoom it in on the left. Anyhow, this gives a pretty confident location, confirmed by the Stochastic RSI indicators on the bottom, and wave count, and my foreground - background harmonic projection observations. So… good chance we have a bit of a pull back ahead to recharge the Relative Strength Indicators. Equally good chance the infamy and enthusiasm for our Beloved coin will lead us exponentially without said pull back. Very exciting!
CRYPTO:DOGEUSD
by DHLawrence
DOGE Today. Big PictureHello DOge Fam! A hawk killed my chicken today while i was netting its run, to keep it safe. WTF! Trying to find the lessons from the universe in this one. Heart is heavy. i have presented a second scenario for the blue trace, advancing it a cycle, to see what the optimistic view is. The original in darker blue does call for a pull back to check a lower level before the rest of the run. Now… i see these charts as 3D space maps… and in that, the price argument repeats itself once in the foreground, then once in the background on each major plane. Then it bounces to another level, and does it again. So i give some priority to the shape and level behavior of RUN 1, now that we are up on another level looking at Run 3 :) In another perspective, the price argument are a series of Head & Shoulders, Inverse, repeat. Nest into each other. Eliot wave theory counts these out 1, &, 2, &, 3… on the way up to the top of the head. then a 1, &, 2 pull back through the same levels. If that is true on the Macro scale, as it appears to be on the micro scale, Then we could be looking at this current level of the last Year as the head of a H&S pattern. So back down to the 2018 level for a pull back? This idea is not illustrated., but we coul pick a smaller similar fractal of a harmonic pattern from an obviously similar Head argument on a smaller time frame, and stretch it out to fit. Maybe later, if i see anything, I’ll post an update… so follow along! Go Doge Go!
CRYPTO:DOGEUSDLong
by DHLawrence
DOGECOIN - Another 50,000% Move Coming Up....I hadn't given much attention to Dogecoin until recently. I strongly believe that Elon Musk's favorite cryptocurrency is poised for another significant surge. Call it what you will, but the waves in the market don't deceive. This seemingly whimsical and inconspicuous crypto could pave the way for substantial future gains if one navigates the market with precision and foresight over the upcoming years. Witnessing it firsthand is crucial, and I position myself as a leading forecaster for this market. It's essential to bear in mind that markets create only two patterns, and the current move aligns with one of them. While this trade is straightforward and yet to be triggered for maximum gains, even those already in the trade stand to do well in the end. Patience and a clear understanding of its trajectory are key. Knowing when to take profit is critical to avoid the common pitfall of witnessing gains and then losing them all by expecting further upward movement after the target is reached. If you're unsure of when to exit, exercise caution before entering the trade.
BITTREX:DOGEUSD
by AriasWave
2
DOGE (Dogecoin): Navigating Waves of Volatility and Whale moves🚀 DOGE (Dogecoin): Navigating Through Waves of Volatility and Whale Movements! 🚀 Hello Crypto Traders! 👋 The FXProfessor here, shedding light on the recent movements in Dogecoin (DOGE). Let's decode what's happening in the DOGE ecosystem and its market implications. Recent DOGE Movements: 📈 Dogecoin recently witnessed a notable 5.5% price increase as nearly 65 million DOGE were transferred to Coinbase. This movement aligns with a substantial overnight price rise in DOGE . Today's dip saw support standing niucely and new Longs could be favored for as long as the price is over 0.0884 main support (yellow level). 💰 The transfers, totaling $6.1 million, were spread across 15 transactions, with the largest single transaction moving over 6.2 million DOGE (u.today). DOGE's Price Volatility: 🎢 Dogecoin has been experiencing significant volatility. It saw a substantial 35.7% gain between Nov. 28 and Dec. 6, reaching $0.1041, only to lose more than 10.5% the following day (u.today). 🏦 Currently, DOGE trades at around $0.0968, demonstrating the coin's dynamic nature in the market (u.today). FXProfessor's Insight: 🌐 Dogecoin continues to capture the market's attention with its volatile price movements and significant whale transactions. 🔍 Keeping a close eye on these developments is crucial for traders looking to navigate the waves of the cryptocurrency market effectively. Stay alert, understand the market dynamics, and let's track the intriguing journey of Dogecoin together! One Love, The FXProfessor 💙 Link: u.today
Long
by FX_Professor
💎 BTC: Bitcoin Will Reach $77,000 or $28,000 ? (READ Caption)With the new analysis of the Bitcoin chart in the weekly time frame, we see that the price, based on the analysis we had, finally managed to hit the target of $44,000 and even managed to record the price of $45,000! Based on my view on the chart, I have determined the important levels of supply, demand, possible targets, etc. that we will address! Currently, the price has reached the supply range of $44,290 to $48,300, as you can see, the initial reaction to this range was corrective! The first support in front of the price range is $35,630 to $38,430. If the price corrects to this range, we will expect an increase in demand! The next possible upward targets are $48,560 and $53,210, respectively, if the desired support is maintained, note that the price level of $53,210 is an important supply level that you can consider for the SELL position! The next mid-term targets are $57,700 and $62,300 respectively! If we want to look a bit more optimistic and long-term, the target of $77,000 will not be far from expectations! Note that this analysis was done in the weekly time frame! Please share your opinion about the possible trend of this chart with me and support us with your likes and comments. Best Regards , Arman Shaban
COINBASE:BTCUSDLong
by ArmanShabanTrading
21
DOGE/USDT It required break the key level or will be rejected ??💎 DOGE has undoubtedly garnered significant attention in the market. Confronted with a challenging resistance area, DOGE needs to breach this level to sustain its upward momentum. The well-executed bounce from the demand area suggests a potential breakout from the resistance in the near future. 💎 If DOGE successfully achieves this breakout, there's the probability of substantial upward movement, reaching our target area. 💎 However, if DOGE fails to break the resistance in the near future, a retracement to the demand area becomes likely. The confirmation of a negative scenario occurs if, during the retesting phase at the demand area, DOGE fails to maintain its position, leading to a breakdown. In such a case, DOGE would shift to a bearish movement, potentially retracing to the robust support area.
by MyCryptoParadise
4
Doge/USD: And it has begun!!!After a painful year and a half long bear market consolidation, Doge is one again ready to take a bite off this market. After breaking out of the triangle structure, It has made a complete 5 wave up, 3 waves down and on its way to another 5 waves up. There is still a chance that the current move up could be a higher degree wave c of a higher degree wave B to 13 or 14 cents. If the price plunges back below 7 cents, then that could confirm much higher degree wave C or a wave Y down to 1 cent or so. But at this moment it does not seem like it. Markets overall are looking like a real bull market beginning. Weekly RSI has poked its head above 70. This doesn't happen on bear markets. In Doge coin's history RSI poke out of 70 on a Intermediate degree wave 3, then comes back to test 70 and then pumps again to complete a wave 5 top to end a primary degree wave (except in the very beginning). If history rhymes again, then we should see 100x or more gains before 2024 ends. So, for now, watch 7 cents level and as long as it holds, hold on your bags and enjoy the rocket ride! Happy early new year!!!
CRYPTO:DOGEUSDLong
by mukit1
3
roadmap to $0.12 doge + possible breakoutLet Me First Say I called this original breakout for Doge at 8 cents when everyone was saying short it. Over 60% of the market was short on doge at that point. We have 3 solid confirmations on the bottom that confirms this path should take us to the top of the 2nd resistance line to attempt a breakout so follow this uptrend channel and wait for a possible breakout or short position. Keep in mind doge has be trading very similar to BTC so never look away from it to see if it knocks it off it's path. Good luck!
BINANCE:DOGEUSDLong
by dogdaddevan
1
Dogecoin Price Surges Past $0.1 as Traders Horde More DogeCoinBitcoin’s explosive rally over the past month has led to a state of euphoria in the crypto market, with investors willing to engage in higher degree of risk-taking. Unsurprisingly, altcoins are witnessing explosive breakouts, with meme coin prices also heating up. According to CoinMarketCap data, the meme coin market cap has appreciated by 6% over the past 24 hours, with an average price increase of 11%. The top meme crypto – Dogecoin ( CRYPTOCAP:DOGE ) – has soared by 4% over the past 24 hours, thanks to a 22% bounce in its daily trading volume. The Dogecoin price has now breached the crucial $0.10 level, creating a monthly high of $0.105 earlier this week. After clearing the $0.069 resistance back in October, CRYPTOCAP:DOGE has appreciated 52% since, climbing 22% this week alone. The top meme coin now has a market capitalization of $14.5 billion, making it the 9th largest crypto in the market. Why Is Dogecoin Going Up? Due to the ever increasing likelihood of a spot Bitcoin approval, BTC created a new yearly high of $44.7k earlier this week. However, the largest cryptocurrency has since been consolidating below the $44k level, allowing the market capital to rotate to the altcoins and the meme coins. As a result, Dogecoin breached all major resistances, paving the way for a strong upside move. Over 63,000 addresses purchased over 3.2 billion CRYPTOCAP:DOGE at $0.095, converting that price point into a strong support for a potential rally to $0.14. Earlier this week, CoinDesk reported that the Dogecoin price experienced a minor reversal when Elon Musk tweeted that his artificial intelligence startup xAI was not raising any money. However, the dog-based meme coin held strong, immediately reclaiming the $0.10 price mark. The Dogecoin community is also hyped over the upcoming Astrobotic launch, which could literally send “Doge to the moon”. The Pittsburgh-based aerospace company is planning to send a physical Dogecoin to the moon via ULA’s Vulcan Centaur Rocket on the 23rd of December. Dogecoin Price Prediction – How High Will Dogecoin Go? Despite Doge’s strong move to the $0.102 mark, the top meme coin still has tremendous price potential. TradingView’s Dogecoin technical analysis highlights that the meme coin is outperforming all crucial moving average indicators in the daily and weekly time frame, giving it a “Strong Buy” signal. In the monthly time frame, the bulls are looking to target the 30-month Simple Moving Average at $0.115 mark.
Long
by DEXWireNews
DOGEUSD: Forecast 2023DOGEUSD: Forecast 2023 Medium term idea. The coin has been in accumulation for more than a year. As a rule, after such a long accumulation, an impulse growth follows. Most likely he will be somehow connected with Musk and Twitter. After breaking through, we expect taking such targets on the chart: 0.1187 - 0.1396 - 0.1653 - 0.2027 We also offer the idea of a more local trade: You can trade in the green channel. When the price approaches the resistance zone, we fix the part, and re-enter on the rebound down. At the same time, we advise you not to touch the main part of the deposit, which lies in the doge, when the pump starts, the price will very likely fly up without any rebounds and retests. If you like the idea, don't forget to subscribe and rate like👍
BINANCE:DOGEUSD
by Andrey_Crypto