DOGE - THIS INDICATOR could call the TOP/BOTTOM📉Hi Traders, Investors and Speculators of Charts📈
Bitcoin is undoubtedly on it's way to making a new ATH, and we're starting to see decent rallies across the altcoin market... finally.
But a challenge during this phase of the bullish cycle is to determine pullback zones.. Where could the correction end up? I have recently discovered an indicator that works especially well on lower timeframes to assist with identifying potential large demand zones based on wicks.
It's a great tool; make sure you check it out!
Check out yesterday's post about Altseason 2024:
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CryptoCheck
BINANCE:DOGEUSD
Dogecoin
DOGE will soon go to the moonThe correction pattern that lasted for 900 days is now over. This pattern was a large diametric whose last wave also seems to be over.
Dogecoin should be pumped towards TPs soon. Buy and just keep.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Have you forgot this? XRP vs DOGESome people forgot that usually, XRP and DOGE are connected. DOGE pump first, and after few days, XRP start pumping. This chart shows the DOGE price (orange line) vs the XRP price. They made basically the same moves. According to this chart, XRP can skyrocket till 1.13 soon
DOGEUSDT.1DBased on the provided market data, DOGE/USDT is currently priced at 0.14 USDT. The Relative Strength Index (RSI) values suggest that DOGE is approaching overbought conditions on the 1-day (88.91) and 7-day (77.96) charts, but is still in a relatively neutral position on the 4-hour chart (67.24).
The Moving Average Convergence Divergence (MACD) values indicate a bullish trend across all time frames, with the 1-day MACD being the strongest at 0.01318.
The Bollinger Band (BB) values indicate that DOGE is trading near the upper band on all time frames, which usually suggests a potential pullback or slowdown in the upward movement.
The support levels are at 0.1339, 0.1165, and 0.1104 on the 4-hour chart; 0.1107, 0.098, and 0.085 on the 1-day chart; and 0.1025, 0.073, and 0.053 on the 7-day chart. The resistance levels are at 0.1527, 0.1589, and 0.1741 on the 4-hour chart; 0.1513, 0.1585, and 0.1756 on the 1-day chart; and 0.1595, 0.1887, and 0.1950 on the 7-day chart.
In my opinion, while DOGE is showing signs of being overbought in the short term, the overall trend remains bullish. However, it's important to note that due to the high RSI, a temporary pullback or consolidation may occur before any further upward movement. Traders should keep an eye on the support and resistance levels for potential breakout or reversal points. As always, it's crucial to consider other market factors and your personal risk tolerance when trading.
Dogecoin Surges in Volume, Breaking Resistance: What's Next?Dogecoin (DOGE), the beloved meme-inspired cryptocurrency, has recently made headlines with a significant surge in trading volume. This surge has propelled it above the current uptrend resistance level from its recent lows, marking a potentially bullish turn of events for the quirky coin.
Breaking Out of the Channel
The recent uptick in trading activity has seen Dogecoin break out of its established channel, a move that has caught the attention of traders and analysts alike. Breaking free from this channel suggests a departure from previous price trends and opens the door to new possibilities for Dogecoin's price action.
The Bull Pennant Formation
As Dogecoin charts its course following the surge in volume, all eyes are now on the formation of a potential bull pennant. A bull pennant, characterized by a period of consolidation within a triangle pattern, could signify a period of temporary stability before another potential price breakout.
Potential Scenarios
While the current setup for Dogecoin appears promising, it's essential to consider potential outcomes. If Dogecoin successfully forms a tight bull pennant within the drawn triangle on the chart, it could signal further bullish momentum. However, failure to create this pennant, coupled with support failure, may lead to a retest of the 10 - 11 cents range, where uptrend major support lies.
Looking for Buying Opportunities
For traders and investors, a retest of the 10 - 11 cents range could present a significant buying opportunity. This level not only represents a critical support level within the current uptrend but also aligns with historical price action, making it an attractive entry point for those bullish on Dogecoin's prospects.
Cautious Optimism
While the recent surge in volume and breakout from the uptrend resistance level are encouraging signs for Dogecoin, it's essential to maintain a level of caution. Dogecoin is still trading under major resistance levels, and it's premature to assume the beginning of a full-fledged bull run.
Conclusion
Dogecoin's recent surge in volume and breakout from the uptrend resistance level have captured the attention of the crypto community. With the potential formation of a bull pennant and critical support levels to watch, the stage is set for an intriguing chapter in Dogecoin's journey. Traders and investors should remain vigilant, keeping a close eye on price developments and potential buying opportunities as the story of Dogecoin continues to unfold.
DOGE/USDT Breakout the Descending channel. Upward Momentum ??💎 DOGE's recent market performance has been quite notable. After breaking out of a descending channel, DOGE is now undergoing a retesting phase at the trendline of the same descending channel.
💎 If DOGE successfully bounces during this retesting phase, it probability could signal a continuation of the upward movement, potentially reaching a significant resistance target.
💎 However, should DOGE fail in its retesting phase — meaning the candle retreats back into the pattern — it may indicate a false breakout. In such a case, DOGE could retreat to the demand area to gather momentum for another attempt at breaking out.
💎 The demand area is a critical point for DOGE. A failure to hold this level and a breakdown of the demand zone could suggest a shift back to a bearish trend. DOGE needs to exhibit a bounce from this area to maintain a bullish outlook.
💎 If it breaks down through this demand zone, the next likely downward target would be the Bullish Order Block (OB) area, with a possibility of descending even further.
DOGE MOON Vs ETH MOON MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
DOGE broke out very big from my last video , its not too late to get on board . It will have a nice move in very near future but watch the video to find out when it can moon . Very important information
It has very good structure and price action Similar to Ethereum last bull market
its a moon structure
Please watch the video for more information
have a great weekend
DOGE - Spring board loadedHello! This trace shows a relevant projection for doge breaking out of a strap descending wedge shape (pink lines).
With the recent bullish moves, creating an expanding pattern, this could be quite explosive as it breaks out, with plenty of RSI reset now complete, the spring board, feels nicely loaded up for a bounce!
Lets Go Doge Go!
BTC vs DOGELooking at a pretty good disharmony in the RSI on the 15 between DOGE (every ones favorite coin of unconditional love) and BTC… now subject tied to teh us stock market and hte federal reserve, and facing potentially massive fluctuations as that linking up takes place. The greed plays will be powerful, spiking price down to rebuy.
The prophecy says that DOGE will survive the volatility if we all hold tight.
Lets Go Doge Fam!!!
Follow along to see more of my analysis… it’s a work of art!
DOGE/USDT Poised for a Bullish Surge from Demand Zone? 🚀Doge💎 Paradisers, brace yourselves for a thrilling trading opportunity with #DOGEUSDT, as it hints at a bullish continuation from its current demand zone.
💎 As we delve into #Dogecoin path, it's been making its way up from a pivotal supply mark at $0.08550. Despite a momentary loss of momentum, we're now eyeing a potential bullish stride from the demand level of $0.08288. Holding strong at this juncture could pave the way for the bullish journey we're anticipating.
💎 Should the momentum for #DOGE begin to fade, we're looking towards a revitalizing bounce from the solid demand at $0.08061. Yet, dipping below this crucial level may indeed mark the onset of a deeper bearish phase.