Dogeusdt shortDogeUsdt sell
Choose targets based on your own capital management. You can profit with 1% or less or more savings but there will be an equal floor and a lower floor.
Dogecoin
dogeIt is an update of the previous analysis
It made a sharp move and reacted to our first resistance point. It has reached the first support box and it has to be seen whether it can continue moving or renews its strength in the lower box.
DOGE DOGECOIN Technical Analysis And Trade IdeaIn recent times, DOGE has showcased a robust bullish trajectory. This video meticulously delves into the Dogecoin trend, intricately scrutinizing price action and pinpointing potential trading opportunities through a comprehensive evaluation across both the weekly and daily timeframes. Expect a thorough examination of price dynamics, market structure, trend analysis, and pivotal technical analysis elements. It's imperative to highlight that the information presented is strictly for educational purposes and should not be misconstrued as financial guidance.
One more pendulum swing before rocketWe have finished the second Elliot pattern (purple). We have also broke out from downtrend (orange line).
But the chart pattern suggests that there is one pendulum swing (short-term bearish indication) before we shoot a massive rocket.
Doge moon ideasMoon shot incoming?
Targets mapped out and bags are packed.
Retracement almost complete... Maybe it's about complete now?
#DogeAccording to the positive momentum in the weekly time, it is moving in an upward channel, and if it pulls back to the green range and the broken neckline, you can buy for the middle goals of the channel 9 and 12 cents and mid-term goals.
Doge Pay Day Possible Flag Forming on 15m towards top trendlineThe Flag is kind of sloppy but it can be blamed on BTC and market movements just an idea here because if you measure how much the flag gives you it brings us exactly to the upper trendline for another possible 3rd touch and possible breakout again or of course rejection
You can see my other Doge Chart below where I called the breakout perfectly reaching 100% of the target originating from invesrse H&S
I do stress caution and to take profits along the way as doge has been swinging around on dips from bitcoin
DOGE Reached resistance zoneWho remember my last ideas for doge? We reached exactly the line i marked for resistance. Of course we could still pump hard, but it's time to pay attention to possible long liquidation. Mr Musk filled our bag
DOGECOIN(DOGE)
* 1D
DOGE is facing resistance by touching the long-term downward trend line.
If it breaks through this long-term downward trend line, it will likely be able to rise significantly like XRP.
DOGE is a safe place???Currently you can see Doge go up.
BIGTIME & BTC go down.
IS THIS TIME FOR THE DOGE MOON??? I THINK SO!!!
NOT FINANCIAL ADVICE IT CAN GO TO ZERO or mars!!
DOGE → Breaking Resistance to $0.10? $0.15?? Let's Clarify.Dogecoin is knocking on the door of the Resistance Zone looking to hit the next price targets. We're currently in an ascending triangle which is bullish, will Doge break out?
How do we trade this? 🤔
There are several reasons to be bullish; Bullish Macro Trend, Ascending Triangle pattern, Above 30EMA and 200EMA Ribbons, RSI above the Moving Average, and Bitcoin broke out of its Weekly Resistance. That's quite the list of reasons to get long! But should we long now?
There is one important reason we shouldn't long; we're at resistance. Never long resistance! We should wait for resistance to be broken and then tested as support before entering a long position. Once broken and support has been tested, long around the $0.89 area and set a 1:3 Risk/Reward. I recommend selling half of your position at 1:1 Risk/Reward, moving the stop loss up to your entry price, then swinging the rest of the position to at least 1:3 Risk Reward or until you see a reversal signal.
The immediate target after breaking resistance is $0.10 but if the market takes off, we could see highs up to the next major resistance around $0.15.
💡 Trade Idea 💡
Long Entry: $0.888
🟥 Stop Loss: $0.8620
✅ Take Profit #1: $0.9140
✅ Take Profit #2: $0.9666
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. Ascending Triangle, Bias to Long.
2. Two Rejections, Third one is underway.
3. Wait for a Break of Resistance and a Test of Support Before Longing.
4. RSI at 63.00 and below Moving Average, Short-Term Bullish.
5. Long Above Resistance, Stop Loss Below Resistance Zone.
⚠️ 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 comment if you found this analysis useful!
SasanSeifi 💁Daily Price Analysis and Potential Growth ScenarioHello there! 😊
In the daily time frame, as you can see, the price has been accompanied by a minor correction, and it has currently shown positive reaction support. It seems that the price is in the process of completing a pullback. The scenario we can consider in the daily time frame is as follows: if the support range is maintained, the price may continue to the resistance range of 0.074 and the supply zone of 0.080 with further growth. In the case of growth, to understand the continuation of the price movement, we need to see how the price will react to the resistance zones.
🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Dogecoin (DOGE) Poised to Continue Upward Trend
Dogecoin, maintaining a high correlation with Bitcoin, is also experiencing an upward trend. Since October 15, DOGE has increased by 70%, marking a new annual high at $0.0925.
With Bitcoin's ongoing positive trend, the growth of DOGE is also expected to continue. The next targets for buyers are set at $0.094, $0.097, and the significant $0.100 level. These targets may be tested as soon as the coming week.
If a market correction occurs, DOGE’s price could drop back to support areas around $0.086-$0.088, $0.0821-$0.0841, and $0.0800. However, if Bitcoin sharply falls below $39,000, DOGE might swiftly break through these support levels, suggesting that setting limit orders at this time might be risky.
DOGEUSDT HTF Analysis for Long PositionsCloses above the blue box (legit Support/Resistance) may reflect positively on #DOGE, even if short-term.
Otherwise, it may be considered to take trades by looking for confirmation (cuz its current market is bearish) at points such as the green box and green line.
Confirmations = Breaker, Mitigation, Swing Failure Pattern on 1H or less timeframe.
Doge Innverse H&S Target $0.092 and breakoutI was originally was tracking doge for a H&S pattern based on how bitcoin goes and if would force doge back into the downtrend and they I stumbled into this play because that and right now it's been looking strong and keeping in this uptrend channel.
Currently sitting. at$0.084 with 8 cents (80%+ left to play out)
KEEP BTC CHART OPENS AND WATCH FOR SWINGS AS PATTERNS USUALLY MEAN NOTHING DURING THOSE MOMENTS. CHEERS
DOGE : RALLY before OR after XMas?Hi Traders, Investors and Speculators of Charts📈📉
As seen on the chart, I've highlighted some potential signs that will help to determine whether we can expect a rally before the 25th or after the 25th / in 2024 :
- If Doge is getting ready for a rally before the 25th, we can expect to see some higher lows. Currently we're trading lower than we did two weeks ago this time.
- If Doge continues to trade range, it's more likely for another wick towards the lower support zone before we observe a breakout.
The price action over the next two weeks will indicate whether or not we can still expect a rally this year, or only next.
For the short term, I'm leaning towards lower price action on DOGE, expecting one more wick towards the lower support :
The main reason for my short sentiment, is the clear bearish technical indicator in the short term:
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BINANCE:DOGEUSDT BINANCE:DOGEUSD
DOGE Sunday FunWave - 1H chart: 2% - 5% quick profit scenarioHi Traders,
I catched a heavy bullish sign with the 1H DOGEUSDT chart.
Stoch RSI extreme bullish
We are above the GREEN ichimoku cloud which is a good thing.
Downtrend probably flips to uptrend.
The exact movement can be observed in the chart.
I will try to hit this, but not leave my position overnight, because on a bigger scale, in 1D and especially in 1W, i am extremly bearish.
Share yours!
Doge Hits 4-Month High! Join the Excitement and Trade Now! The Doge community is buzzing with excitement as our favorite meme-inspired coin continues to defy expectations. This recent surge in value presents an incredible opportunity for traders like you to jump on board and make the most of this upward trend. 🚀
Now, you might be wondering, "Why should I trade Doge?" Well, let me tell you why! Doge has proven time and again that it's more than just a meme. With its growing popularity and widespread acceptance, Doge has become a force to be reckoned with in the crypto market. Its strong community, coupled with the recent surge, makes it an ideal choice for traders looking to capitalize on the momentum and potentially reap substantial profits. 💰
So, here's your call-to-action: Don't miss out on this incredible opportunity to trade Doge and ride the wave of success! Whether you're an experienced trader or just starting, now is the perfect time to get involved and make your mark in the crypto world. 🌍📈
To help you get started, I recommend checking out our user-friendly trading platform, which offers a seamless trading experience with real-time market data, advanced charting tools, and a wide range of trading options. Our platform is designed to make trading easy and accessible for everyone, so you can focus on making informed decisions and maximizing your profits. 📊💪
Remember, the key to successful trading lies in staying ahead of the game and seizing opportunities when they arise. With Doge hitting a 4-month high, the time is now! Join the Doge community and let's make the most of this exciting journey together. 🐶💫
Happy trading and may the Doge be with you! 🚀🌕
BITCOIN REVERSAL RISING WEDGE - DONT MISS THISWhat is a Rising Wedge? What helps us look at it and confirm it?
✅ Upward Trend: The pattern typically forms during an upward price movement.
✅ Converging Trendlines: Both the support and resistance trendlines slope upwards, but they converge as the pattern matures.
✅ Volume: A declining volume accompanying the formation often strengthens the pattern's bearish signal.
✅ Breakout: Confirmation of the pattern occurs when the price breaks below the lower support trendline, where we short
I've been calling this reversal since November 17 on X
WHO AM I?
- New to chart here, but a20K Followers on X @dogdaddevan constantly posting
- MEXC Official Partner
- I bought ATL SHIB Nov 2020 (only vol that day) and sold early like a bozo.
Dogecoin (DOGE): Resistance, 100EMA, Breakdown??Intriguing scenario on the 4-hour chart. Recent market sell-offs that resulted in a structure break have marked a significant resistance zone, which the market price is currently testing. Despite a slight upward movement, there's a clear tension as traders anticipate whether the resistance will hold or not.
If the price sustains below this resistance, then we will go for a movement towards 100 EMA near $0.0775, which is also close to a bullish trend as well. We are looking for weakness to kick in here as BB shows some overbought sings here and marketprice has recently went outside the path of BB as well!
Key Supply ZoneDogecoin has exhibited a downward movement upon encountering its established supply zone. However, the overarching trend remains bullish in the long-term perspective.
This bullish sentiment is underpinned by the cryptocurrency's break above its persistent long-term and weekly descending trend lines, which has catalyzed its upward trajectory.
A consequential formation of a demand zone has exerted upward pressure on its value. Presently, Dogecoin is positioned near a robust long-term supply zone.
The interaction with this zone warrants close observation for potential price retracements towards the established demand zone and the corresponding support level.
The credibility of these zones is significant, suggesting that post-validation of these key areas, strategic entry points for trading can be considered.
This analysis is for informational purposes only and should not be considered as financial advice.
