Doge Weekly Analysis - New All-Time Highs Coming!?Doge has broken out of the descending resistance and made contact with the Weekly 200EMA. The price has now pulled back to the 30EMA, so where do we go from here?
Bitcoin is a leading indicator for the alt market and according to my Bitcoin Weekly Analysis, is pulling back from the Weekly resistance. That pullback will likely hold back the Doge price from breaking out of the 200EMA until Bitcoin can break its resistance and start a bull run to the upside.
Key Points
1. Bull Breakout
2. Resistance at 200EMA
3. Bitcoin leading indicator, pulling back
4. RSI is just above 50.00, wait for a pullback.
If you're looking for a long entry, I would fade your position as the price falls a bit further then enter more once a confirmed break happens above the 200EMA. That requires a strong bull bar closing near its high.
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
Dogelong
The breakout confirmation of the descending wedge on DOGE Hello everyone!
DOGE has been in a prolonged sideways movement for exactly a year with gradual decrease in peak price values and updating of local lows.
This movement formed a descending wedge formation, and upon breaking out of this formation, the price should reach the range of the widest part of the pattern, which is also confirmed by Fibonacci levels.
If a position is opened from the current values, the expected profit is 66%. If an entry is made from the 0.236 Fibonacci level, the expected profit is 51%.
This is not financial advice, and everything you do is at your own risk!
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin (DOGE) fell by as much as 3% on Tuesday, as bearish sentiment returned to cryptocurrency markets.
DOGE/USD dropped to a low of 0.06163 earlier in the day, following a high of 0.06329 the day prior.
The decline came as the meme coin failed to move beyond a key resistance level at the 0.0640 level.
it appears that the downward pressure came after the relative strength index (RSI) slipped below a floor at 47.00.
the index is tracking at a reading of 44.37, with the 40.00 mark a potential target for sellers.
Should this point be hit, there is a strong possibility that dogecoin will be trading below the 0.06000 region.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin (DOGE) has rallied after two days of decline.
DOGE/USD reached a peak of 0.06117 early in the day, following a low of 0.06027 a day earlier.
the move was made after DOGE bounced off recent price levels at 0.0600.
it looks like the next target will be around the 0.06369 area, which was last hit exactly a week ago.
To reach this point, price strength would need to climb above the current reading of 42.52, and move closer to the ceiling of 44.00.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
DOGE - any news are coming?Decided to make a TA about the Doge coin.
Looks so far pretty interesting.
On RSI I can see some bullish divergence is forming. On D TF I can see that the coin found a support on the support line (blue line) that I drew. And so far it bounced 3 times already.
As usually I will give you several possible scenarios that can play out.
1. The coin bounces until W FVG above 0.07$ and rejects from there, it means it doesnt close with at least 12H TF above 0.07$ and returns back to the level from which it started its upward direction.
2. The coin bounces from current prices, and comes to W FVG at 0,07$ and manages to close with 4, 8 , 12H or D candle above that FVG level. And in this case, after retesting the FVG level, it may bounce up to another W FVG level at 0.09$, where the coin can face the bear reaction.
3. This scenario is the least optimistic, the coin doesnt manage to touch 0.07$ price level and dumps until support line and closes with 1, 4, 8, 12H candle or D candle below the 0.055$ level in this case the coin may go even lower towards to 0.05$ and below.
Will Musk Safe DOGE?After bouncing from W FVG support level 0.055$, #DOGE bounced right to another W FVG resistance level that you can see on the chart.
Breaking above that resistance, will open the way towards to another resistance (blue line that you can see), or 0.076$ where we can also see bear reaction. (look at number 2 black line)
One more Positive scenario is that the coin breaks above the blue line resistance, then it can bounce up towards to 0.085$ (look number 3 line)
Other way is that #DOGE cant manage to break through 0.068$ in this case it drops until 0.054 and below ( look at number 1 line)
DOGEUSDTHello Traders,
Based on the chart provided, we're potentially looking at a situation where there could be a rise in prices and increased market activity, possibly resulting in significant gains. Additionally, it's important to consider the possibility of the market maintaining a stable range.
A crucial factor to keep in mind is that any notable price surge and the associated gains would likely hinge on a substantial uptick in trading volume.
It's also noteworthy to pay attention to the price trends on the abbreviated chart positioned above the main chart, highlighted in black.
Furthermore, it's worth mentioning that Twitter user X recently highlighted that this place is dog-friendly ;D
Target 0.075
Feel free to share your insights in the comments section below. Thank you.
DOGE/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin went down for the second session in a row.
DOGE/USD started the week down to a low of 0.07409, having touched a high of 0.07615 the day before.
Since hitting a multi-week high of 0.0776 on Saturday, Dogecoin has traded mostly in the red, seemingly due to massive profit-taking.
This phase of bearish pressure seems to be pushing the price toward key support near the 0.0730 area.
the 14-day Relative Strength Index (RSI) is hovering near its own floor, at 50.00.
the price strength is seen at 50.35, MEM coin is now trading at 0.07458.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
WARNING: Upcoming middle finger formation incoming!In the world of cryptocurrency trading, there's a peculiar phenomenon surrounding DOGE, which may not catch the attention of casual observers. Referred to as the "middle finger formation," it has the potential to unfold unexpectedly, leaving retail traders unable to capitalize on a sudden surge in value. The term itself derives from the shape the price action takes, resembling an upward wave that defies conventional technical analysis methods, making it difficult for many traders to anticipate its occurrence.
This enigmatic formation holds the promise of an unforeseen pump, catching even the most experienced traders off guard. Its nature as a hidden opportunity adds to the intrigue, as only a select few are truly aware of its existence and can exploit its potential. Consequently, this presents a challenge for those seeking to predict and profit from market movements.
Therefore, it is essential for traders to remain vigilant and prepared for unexpected market fluctuations. Stay alert, for it is when you least expect it that the "middle finger formation" may manifest, bringing forth a sudden and significant surge in DOGE's value. In the volatile world of cryptocurrency, luck and preparedness play crucial roles in navigating the unpredictable landscape.
Good luck to all traders as they navigate the ever-changing tides of the market, especially in the face of this mysterious and elusive phenomenon known as the "middle finger formation."
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- dogecoin (DOGE) also rose higher today, snapping a three-day losing streak in the process.
DOGE/USD rallied to a high at 0.07628, less than 24 hours after the meme coin was at a low of 0.07279.
As a result of this surge in price, DOGE is now trading at its highest point since Wednesday, after breaking out of a resistance zone of 0.0760.
This coincided with the RSI moving past its own ceiling at the 52.00 mark. It is currently at a reading of 55.84.
Despite today’s rally, dogecoin is still trading nearly 3% lower than at the same point last weekend.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Doge Skyrockets 10% on Speculation of Elon Musk's X Payment ChoiBrace yourself, my friend, because Doge has just taken a giant leap forward, soaring an incredible 10% on the back of Elon Musk's latest speculation about its potential as a payment choice for his X venture. 🚀🌕
Yes, you read that right! The Doge rocket ship is on the launchpad, fueled by the excitement surrounding Elon Musk's tweet and the endless possibilities it holds for our favorite meme-inspired cryptocurrency. This kind of news ablaze the crypto community and ignites our passion for the market.
Elon Musk, the visionary entrepreneur and Tesla CEO, has always been a vocal supporter of Doge, and his latest hint about Doge becoming a payment option for his X venture has sent shockwaves through the entire financial landscape. The potential for Doge to become a widely accepted currency is now within our grasp, and the market is responding with an exhilarating surge.
Now, my fellow trader, it's time to seize this opportunity and make the most of this thrilling momentum. I encourage you to consider investing in Doge for the long term. With Elon Musk's backing and the growing acceptance of cryptocurrencies in mainstream society, Doge's potential is limitless.
Here's why I believe investing long-term in Doge is a decision that could reward you handsomely:
1. Elon Musk's endorsement: Elon Musk's unwavering support for Doge has already propelled it to unimaginable heights. With his influence and vision, we can expect further developments and partnerships to solidify Doge's position in the crypto world.
2. Growing acceptance: Cryptocurrencies are no longer just a niche interest. They are quickly gaining favor in various industries and becoming a preferred mode of payment for many. Doge, with its fun and approachable nature, has the potential to capture the hearts of millions worldwide.
3. Community-driven success: Doge's strength lies in its incredible community of passionate supporters. The Doge Army is a force to be reckoned with, and their collective efforts to spread awareness and adoption have already shown promising results. Together, we can push Doge to new heights.
So, my friend, I invite you to join me on this exhilarating journey. Let's embrace the Doge revolution and invest in its long-term potential. Together, we can ride the rocket ship to the moon and beyond!
Doge is on the Move! Join the Doge Resistance Movement Today! 🐕Our beloved Dogecoin (Doge) made a groundbreaking move in its recent rally, breaking through the Fibonacci .382 resistance level. 🎉
Doge continues to amaze us all with its resilience and unwavering determination. With this significant breakthrough, it's clear that Doge is not just a meme cryptocurrency anymore; it has become a force to be reckoned with in the crypto world!
Now is the perfect time to consider adding Doge to your crypto portfolio. The recent surge in value is a testament to its growing popularity and potential for substantial gains. By joining the Doge resistance movement, you'll be part of an exciting journey and have the opportunity to reap the rewards that come with it.
Here are a few compelling reasons why you should seriously consider adding Doge to your portfolio:
1. Momentum: Doge has repeatedly proven that it can defy expectations. Its recent breakthrough of the Fibonacci .382 resistance level is just the beginning. With its strong community support and increasing acceptance in various industries, Doge's momentum is only expected to grow.
2. Widespread Adoption: Doge has gained significant popularity and acceptance among merchants, online platforms, and celebrities. This widespread adoption strongly indicates its potential to become a widely used digital currency, further driving its value upward.
3. Memes to Millions: While Doge started as a meme, it has evolved into much more. Its humorous and lighthearted nature has attracted a massive following, making it a unique investment opportunity that stands out. Doge's community-driven approach fosters a sense of inclusivity and fun, creating a strong bond among its supporters.
So, don't miss out on this golden opportunity to join the Doge resistance movement and potentially profit from its remarkable journey. Add Doge to your crypto portfolio today and be part of this thrilling ride to the moon! 🚀
If you have any questions or need assistance acquiring Doge, please comment away below.
Together, let's celebrate the incredible achievements of Doge and embrace the possibilities it brings. Join the Doge resistance movement today, and let's ride this wave of success!
Dogecoin at strong Floor Bullish Volume increasingLong Term sideways
short term Bullish
Doge is at strong 3xtimes robust support area
STRATEGY COUNTER TRADE Bullish
Stop area below 2nd support
Profit Target §x tested Resistance which is long term POC
Look at the Chart
The proior Bullish trend broken because many took profits
The price of Dogecoin (DOGE) has dropped by 1.5% in the past 24 hours, with its slip to $0.070790 canceling out a brief return to a $10 billion market cap earlier this morning.
Get Ready for a Potential Breakout in Doge! I wanted to share some exciting news about our beloved Dogecoin (Doge). The recent price action on the weekly timeframe has caught my attention, and I believe we might be on the verge of a significant breakout. 🚀
Doge is exhibiting a tighter consolidation pattern, with clear support and resistance levels forming. This consolidation period suggests the market is catching its breath, preparing for an explosive move. 📉📈
But that's not all! The rising Relative Strength Index (RSI) also indicates momentum is building up. As the RSI climbs, it suggests that the buying pressure is increasing, potentially setting the stage for a substantial price surge. 📈📈
Now, here comes the exciting part! I encourage you to keep a close eye on Doge and be ready to seize the opportunity when the breakout occurs. This could be your chance to ride the wave and secure impressive gains. 💰💰
As a seasoned crypto trader, you know that timing is everything. So, ensure your trading strategy is in place and be prepared to act swiftly during the breakout. Remember, fortune favors the bold! 💪
If you'd like to discuss more about this potential breakout or share your insights and strategies, I'd be thrilled to connect with you. Let's ride the Doge wave together and maximize this exciting opportunity! 🌊🚀
DOGE: Clever Trick to Outsmart Investors - Timing is Everything
DOGE Coin was designed to make even the greatest investors doubt themselves. And guess what? After the recent (not surprising to me and my inner circle) XRP pump, DOGE Coin thrived on that disbelief. Many panicked and sold their bags at a loss, rushing into new sheeshcoins in search of quick gains. But here's the thing, the subsequent DOGE pump was all part of a clever strategy to offload MarketMaker bags without causing significant BTC pressure. As a result, we've seen a consolidation phase with occasional altcoin pumps, sparking hope for an upcoming altseason. But don't get too excited just yet. If you check your charts, you'll notice that a similar scenario between XRP and DOGE has happened before, and history tends to repeat itself.
Now, let me share a killer 5RR setup based on the recent STB move on the 4H chart. Right now, accumulating DOGE between $0.07 - $0.066 is a fantastic entry opportunity. Just be smart and set a safe stop loss at $0.0632, which would invalidate the idea if triggered before a possible BTC dump. My main target is set at $0.11, showing where I expect the price to reach.
MACD Bullish Push on Bollinger Bands - Time to Consider DOGEToday, I wanted to share some fantastic news that may pique your interest and potentially present a profitable opportunity. So, grab your favorite beverage, sit back, and let's dive into it!
I've been closely monitoring the market trends recently, and I'm thrilled to inform you that a bullish push has been observed on the Bollinger Bands, thanks to the MACD indicator. This development has caught the attention of many seasoned traders, and I couldn't help but share the excitement with you all!
For those unfamiliar, the Bollinger Bands are a popular technical analysis tool that helps identify potential price breakouts and volatility. When the MACD (Moving Average Convergence Divergence) indicator aligns with the Bollinger Bands, it often signals a solid bullish pressure building up. This combination can be a game-changer for traders seeking profitable opportunities in the market.
You might wonder, "What does this mean for us?" Well, my friends, this could be the perfect time to consider lining up positions in DOGE (Dogecoin) – a digital asset that has been capturing the crypto community's attention lately. With the MACD pushing bullish pressure on the Bollinger Bands, DOGE may soon experience a significant upward movement.
While it's essential to remember that no trading decision is without risk, this exciting market development presents a potential opportunity for those looking to ride the wave of DOGE's price movement. Whether you're a seasoned trader or just dipping your toes into the crypto world, it's worth considering the potential gains from positioning yourself strategically in DOGE.
So, my fellow traders, I encourage you to take a moment to analyze the market, conduct your research, and consider the potential benefits of lining up positions in DOGE. Remember to set your stop-loss orders and manage your risk effectively, ensuring a safe and enjoyable trading experience.
If you have any questions, need further insights, or want to share your thoughts on this exciting development, please comment.
I wish you happy trading and prosperous gains!
DOGEUSDT BoooooooM 🚀🚀 170% ✅🤑#DOGEUSDT
we published and shared this idea with you in our profile here as you can check the previous analysis for #DOGEUSDT
BoooooooM 🚀🚀
All Targets: done✅
Entry price: 0.06791$✅
Price reached : 0.06476$ ✅
Profit: 170% ✅🚀🚀🤑
this result from this signal
following this signal DOGEUSDT
i expect the price will dump to the target at the chart
DOGEUSDT SHORT
Entry : 0.06791 / 0.06778
Leverage : Cross X35
Stop loss : 5%
Targets : 0.0650688
Capital invested : 1%
DOGE Sitting At Resistance Area On D1Currently, DOGE Coin is trading at 0.0659 per trade. Based on my limited knowledge, if DOGE breaks its trendline, it will attempt to move upwards towards its resistance area at 0.0746. You can consider buying on its retest. However, if it fails to break the trendline, it may move down towards its support area at 0.0571.