Dogecoinanalysis
Dogecoin UpdateDogecoin is forming a descending channel nut still isn't a valid channel still waiting for the 3rd touch to form
what do you think this pair will form the 3rd touch and then give us a Double Bottom so we can be searching for a long to target a new High???
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Doge, Bitcoin and the Monthly LMACD Let me start by explaning what you are seeing here, at the top is Bitcoin , bellow doge and the bottom is the LMACD on the monthly time frame for Bitcoin. As I have stated in multiple occasions bull markets typically last for about 26 bars or 793 days(green histograms of the LMACD). Once those 793 days ends you see the LMACD crossing bearish and starting the transition to the bear market. Using this pattern I came to the conclusion that this bull market should be running till Sep2025. Now if you look closely the 2017 cycle top arrived 4 bars(months) before the the end of the bull market, 2021 cycle top around 5 bars and maybe 2025 cycle top would be 6 bars before Sep. This might suggest topping in March2025 for BITCOIN and exactly 1 bar after this the DOGE top in April2025.
DOGE reng?🚀 Uptrend Breakout Zone
The chart shows a strong bullish breakout above the resistance level of $0.20812 and a retest of the support trendline. The upward move reached $0.38664, forming a new high. 📈
🔻 Correction Phase
A sharp drop from the $0.38664 level indicates profit-taking or potential bearish divergence. The price is approaching the highlighted $0.20357 zone, marked as a key support area. 🔴
📉 Short-term Bearish Trend
If the price breaks below $0.20357, further declines toward $0.11664 are possible. Traders should watch for a bullish signal (e.g., green candles) at these levels. 🛑
💡 Long-term Prediction
A potential cup-and-handle pattern formation is visible, suggesting a gradual recovery and a bullish reversal back toward $0.38823. 📈 Look for a breakout above this resistance level for confirmation.
📢 Trading Signals
✅ Buy Zone: Near $0.20357, if bullish candles appear. Target: $0.33000 to $0.38823.
❌ Sell Signal: If price closes below $0.20357, target lower support at $0.11664.
🚀 Long-term Buy: After a confirmed breakout above $0.38823.
📊 Risk Management: Use stop-loss orders to protect against unexpected moves below key levels. ⛔
DOGE | ALTCOINS | All Time High NOT YET INDoge, together with other alts such as ETH and SOL have not yet made a new high that is justified according to the increases on BTC. After a 45% correction over 2 weeks, DOGE is likely ready for another push up.
This reminds me much of the previous cycle, where alts lagged behind until a few weeks AFTER BTC actually topped out.
Here, you can find much more detail on how to watch the BTC.D chart to call the top:
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BINANCE:DOGEUSDT CRYPTOCAP:TOTAL3
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Doge daily LMACD signal line bellow 0!This sharp declined in the price of doge has made the signal line(blue) dip bellow the 0 line which means a bearish trend in the short term or a sideways move. This a really good time to load coins up. The next target is 1 dollar and then we might get to 5. Keep a close eye on the signal line going above 0 again to expect the 1 dollar level.
Be prepared to scoop like a maniac!As you can see the price chart on doge this cycle is pretty similar to the last one so far. After going up to the first pause of the cycle around the 0.786 fib level price corrected to the 0.618 fib level. If this time happens something similar make sure to get in big around the 26 cents if this idea proves right.
DOGE is Still Bullish DOGE/USDT #DOGE #DOGEUSDT Let's look at our DOGE Weekly chart . And don't worry - that pullback just took us to the bottom of one of our Gann Fan lines and we should be fine to continue on up . Those colorful lines are called a Gann Fan and as you can see the lines are slanted upwards , and also DOGE is more or less following the bounds of the Gann line that it is in right now. See where that black arrow is pointing ? That is basically the support of that purple colored Gann line that we are in - and we basically came right down to touch it at roughly .35 cents . If we now continue back up inside this purple colored Gann line then the top of this channel would take us over .50 cents , as you see it says on the chart . If we break above there into the light blue line we could go much higher and I will do another chart when that happens . NFA . Remember pullbacks and volatility does happen in any uptrend but our structure still favors upside
Dogecoin at $0.402: Sit, Stay, or Fetch the Moon?Dogecoin is currently trading around a key support level at $0.40, with the market poised for its next major move. This level will likely play a crucial role in determining the short-term trend, as the balance between buyers and sellers tightens.
A dip toward $0.394 followed by a strong recovery could signal that bullish sentiment remains intact, with buyers likely targeting higher resistance level (Dashed Green Projection).
A break above the $0.432 mark would confirm a shift in momentum, opening the door to further upside toward the critical resistance at $0.485 and possibly beyond (Solid Green Projection).
Conversely, a failure to hold the $0.394 support may indicate weakness, increasing the probability of a deeper decline. In this case, the next significant support lies around $0.374, and a breach of this zone could accelerate bearish pressure, pushing prices closer to $0.342 (Red Projection).
In depth #Dogecoin price movement basing on previous history (2)Dogecoin's Post-Bitcoin Halving Trend: A December-January Surge
This is the update to my BINANCE:DOGEUSD analysis from 2nd December 2024
Dogecoin's price movements have always intrigued traders and investors alike. Upon analyzing historical data,I have uncovered a fascinating and repetitive pattern: Dogecoin tends to experience significant price increases in December of the same year as a Bitcoin halving and January of the following year.
Key Observations
Bitcoin Halving Events:
These occur approximately every four years and historically impact the entire cryptocurrency market by reducing Bitcoin’s mining rewards, creating supply scarcity.
Halving years: 2016, 2020, and the upcoming 2024.
Conclusion:
The 2024 Bitcoin halving, which occurred in April, sets the stage for potential bullish activity in Dogecoin during December 2024 and January 2025. Traders and investors should monitor Dogecoin’s performance closely during this period for opportunities.
Trading Tips:
Track Dogecoin price trends and market sentiment in the weeks leading up to December.
Watch for volume spikes and social media activity, which often signal Dogecoin rallies.
Combine historical data with technical indicators to make informed decisions.
DOGEUSDT | GAMEPLAN IF A CRASH COMESMarket Context:
The crypto market is closing the year on a bearish note, marked by significant sell-offs and declining sentiment. This environment creates the potential for a flash crash, offering a unique opportunity to capitalize on extreme volatility. I’ve identified a critical price zone where I anticipate meeting the market for a high-probability setup.
Technical Outlook:
Current Market Conditions:
The ongoing sell-off reflects bearish dominance, with no clear signs of reversal yet.
The potential for a flash crash could result from thin liquidity and heightened volatility typical of year-end trading.
Key Level (Blue Box Zone):
This predefined zone aligns with strong support areas derived from historical price action and Fibonacci retracement levels.
It represents a high-interest area for buyers, where smart money is likely to step in.
Trading Plan:
Entry Strategy:
Place a limit buy order within the blue box zone to secure a favorable entry during rapid price movements.
Wait for a confirmation signal, such as a bullish candlestick pattern or a volume surge, to validate the zone.
Risk Management:
Stop Loss: Positioned just below the blue box zone to limit downside risk in case the market continues to decline.
Use a moderate position size to manage risk in highly volatile conditions.
Take Profit Levels:
Target resistance zones where sellers are likely to re-enter.
Use scaling techniques to lock in profits progressively while leaving room for further upside.
Key Considerations:
A flash crash is often accompanied by heightened market emotions and liquidity issues, which may lead to slippage. Using limit orders can mitigate this risk.
Monitor macroeconomic factors and news that may act as catalysts for a flash crash.
Conclusion:
While the crypto market remains under pressure, these conditions provide opportunities for disciplined traders prepared to act at key levels. The plan focuses on entering the market with precision, managing risk effectively, and capturing potential upside when the market rebounds.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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A next movement to 1 dollar is programmed!Since I am betting on ~5 dollars as the doge top. The 0.382 fib level is the golden for Dogecoin. This zone besides to catch the bottoms is the first consolidation area after breaking path and then reaching the top. Next bear market if this proves right sits around 90 cents so you should be buying at these levels since we are halfway of what might be the best price to get in the next bottom cycle.