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Dogeusd

DOGE is in a long-term bullish rallyFirst of all, pay attention to the time frame. A strong support zone has formed on the chart (shown in green). Every time the price returns to this area, it will be rejected to the upside. From where we placed the green arrow on the chart, the price has entered a bullish wave. The previous correction was nearly 900 days. This bullish wave is also expected to have a period above 500 days. After the completion of the previous correction, the price seems to have entered a diametric. We now appear to be at the end of wave D of this bullish diametric. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark
1
Rebound or Breakdown?Dogecoin is exhibiting a downward trend within a well-defined descending channel, bounded by dynamic resistance and support lines. This channel formation highlights key levels for potential trend reversals and continuation. The price has reached the lower Bollinger Band, which often acts as an area of potential support. This proximity to the lower band could indicate a potential oversold state, warranting attention for a bullish reversal signal. Trading volume stands at 27.3 million, which is critical to validate any potential trend reversal. An increase in volume, particularly on upward price movements, would suggest strengthening of the market's bullish sentiment. The current price is trailing below the SMA value of $0.14735, suggesting that bearish momentum is prevailing in the short-term view. The MACD line is below the signal line with a negative histogram value, but the convergence of these lines may be indicative of waning bearish momentum. The %K and %D lines are in the oversold region, which can precede a potential price reversal if buyers enter the market. With an RSI figure nearing the oversold threshold at 32, there's room to anticipate a bullish reversal should the market sentiment pivot. The immediate support level is at the ascending dynamic support line, approximately around $0.14. Conversely, the dynamic resistance line and upper Bollinger Band near $0.158 are likely to act as the immediate resistance levels. Traders should monitor for bullish reversal patterns as the price tests the lower Bollinger Band and other oversold conditions. A confirmation of trend reversal would ideally be accompanied by an increase in trading volume. For those looking to take advantage of a potential bullish scenario, entry points may present themselves upon a decisive breakout from current levels. Keep in mind that any upward movement will face resistance at the upper levels defined by the descending channel. While the current bias remains bearish due to the price action within the descending channel, indicators such as RSI and Stochastic Oscillator suggest a potential shift in momentum. Caution should be exercised as the market decides its next move at these critical support levels.
by MonoCoinSignal
BTCUSD falls and starts recovery after geopolitical spike LONGBitcoin on a 30 minute chart fell with reports of the Israeli active retaliatory strikes in the heart of Iran's military and industrial infrastructure in a unilateral action. Iraq has not launched a responsive action as yet. On the chart, price had been stable and sideways in the 64000 range but fell to about 6000 and then recovered to nearly 62,000. I see this as an opportunity to buy BTCUSD at a 3-4% discount going into the halfing period. I will add to a long position. It end up being averaging down or in the alternative getting a solid base for the run up that pundits say will soon come. My initial target to take profit on 10% of the position and raise the stop loss, based on a Fibonacci level is 66800.
BITSTAMP:BTCUSDLong
by AwesomeAvani
DOGE - $0.30 Next Target, Elliot Waves📉Hi Traders, Investors and Speculators of Charts📈 Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here): The DOGE fractal I've been following has played out extremely well, and so I will continue to follow this fractal: Since we have now completed Elliot Wave 2-3, we are seeing the corrective phase of 3-4. This means we have yet another impulse wave upwards to look forward to after the correction is completed. Fibonacci Ratio is useful to measure the target of a wave’s move within an Elliott Wave structure. Different waves in an Elliott Wave structure relates to one another with Fibonacci Ratio. Fibonacci Ratio Relationship • Wave 2 is 50%, 61.8%, 76.4%, or 85.4% of wave 1 • Wave 3 is 161.8%, 200%, 261.8%, or 323.6% of wave 1-2 • Wave 4 is 14.6%, 23.6%, or 38.2% of wave 3 but no more than 50% • There are three different ways to measure wave 5. First, wave 5 is inverse 123.6 – 161.8% retracement of wave 4. Second, wave 5 is equal to wave 1. Third, wave 5 is 61.8% of wave 1-3 Therefore, if wave 3-4 does not retrace beyond wave 1 our next target price is around 0.33: The GOOD NEWS though, is that this could very well be a small part of a MARO cycle. I've previously explained that Elliot Waves can be like branches of broccoli - each wave makes up a part of a smaller or bigger wave, including ABC corrective waves in each impulse wave, as demonstrated by the front page chart. Previous DOGE idea where we first look at the fractal: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:DOGEUSDT
Long
by CryptoCheck-
5
DOGEUSD | ABC Wave Cup Pattern - Target Projection +120%A potential ABC - Cup pattern formation scenario TFW - current multiple falsebreak below 161.8% extension - a sideway / sideway down movement implication > RSI convergence signal supporting wave 3 status > Projecting wave 4 at rounding cup support level, possible 20 week moving average and 100% fibonacci support zone. > Targeting wave 5 at 361.8% fibonacci extension of A wave at the key liquidity resistance level + 120% profit. Always trade with affordable risk and respect your stoploss Goodluck
COINBASE:DOGEUSDLong
by dukeposh
1
Honestly, I don't feel like explaining because the chart says itHi. BINANCE:DOGEUSDT DOGE is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. ✅ Due to the Ascending structure of the chart... 🟢 DOGE has been Bullish Recently! 🟢 The odds of another Bullish Movement is High! 🟢 Ascending Triangle is Visible on The chart! 🟢 No break out yet! ✨Targets are: 🎯$0.16830 🎯$0.01740 🎯$0.18000 🎯$0.18570 🎯$0.19130 🎯$0.19903 ❗ Note that if the Triangle is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
by CobraVanguard
4
Dogecoin (DOGE): Zoom Out and hop on the next Big Move!Starting with Dogecoin on the Monthly Chart, we're observing a potentially lucrative opportunity. The subordinate Wave ((iii)) has completed at the precise 161.8% extension level, and it appears that Wave ((iv)) has concluded within the 38.52% retracement range. A notable detail is the wick of the current monthly candlestick reaching down to close the Fair-Value-Gap on the Monthly Chart, suggesting a robust and effective market response. Given these developments, our expectation is that there won't be further significant dips below this level. Looking at Dogecoin on the Daily chart, we observe a significant Demand Zone which we believe should be respected if tested another time. We choose not to zoom in further as the range appears quite defined to us. We are placing our stop-loss just below this touched and thoroughly respected Demand Zone. If we repeatedly enter and "cut" through this zone, we might consider exiting the position prematurely. However, unless that happens, we plan to maintain our position. Our minimum target is the level of the previous All-Time-High. We anticipate breaking the local daily chart high of $0.23, aiming for higher levels as part of our ongoing trading strategy.
Long
by freeguy_by_wmc
DogeUSD: Probably not quite done yetOverall crypto market correction has been rough on Doge. So far top to bottom has been about a 44% drop. I don't think this so called "Bullish Dip" is quite done yet. We should see at least one more low to complete the 5 waves sequence of wave 5 of wave C of the wave 2 correction. Even though the bullish invalidation is way back at $0.05, I will start to get nervous if Doge breaks down below the minor degree wave 1 top at around $0.11. That will be below 0.5 retracement and will be a sign of extreme weakness. Even below $0.12, things will start to look like a H&S pattern and bears will come out to eat this puppy alive. Let's see how this plays out, but I would expect this volatility to continue for a few more weeks. Stay safe out there.
CRYPTO:DOGEUSDShort
by mukit1
Dogecoin DOGE price is now at critical point, where to go next ?Today we'll talk about "the first of the memecoin family" - #Dogecoin The first thing I remembered is an article in January 2018 with the creator of CRYPTOCAP:DOGE , where he said that he was shocked that the capitalization of the coin he created as a joke in 2014 reached a capitalization of $2 billion. Moreover, in 2017, we personally often used Doge to transfer funds, because transactions took 5 minutes for a ridiculous fee. Now it's the norm, but in 2017, ERC-20 transactions were popular for $15-20 commission, but the transaction could take from a couple of hours to a couple of days, could easily get lost, and you had to write to the exchange support: where is the money?) That's a little nostalgia to make the oldies shed a tear :) In 2021, when a "pro at manipulating and pumping projects" got involved, Dogecoin's capitalization reached 90 billion and at the same time Doge had a "large community of holders" who bought at the highs. And as a result, they have been sitting in a drawdown for 3 years... But!!! There is a ray of hope and a chance that the price of #DOGEUSDT will reach $0.41 Not soon, and before that, there is still a chance to correct to $0.1, because now the DOGEUSD price has stuck to a strong mirror level, which is difficult to break through at first. By the way, we wrote publicly in mid-2023 about Doge that "someone buying it" and its pump still coming, with a forecast for a pump in Q2 2024 :) Read it if you are interested. Since then, the price of Doge has made a good x3. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
13
DOGE Coin buySo Doge Coin has had a lot of hype around it, mainly because of Elon Musk, and now it is slowly becoming a respected coin. I love trading it and I'm sure there are lots of people that do. Anyway here is DogeCoin buy TPs are Marked when TP1 breaks the secure your trade. Hope lots of people earn lots of money today. Yesterday we gave out signals and earned 700 pips on gold, and big profits on silver. DogeCoin DogeUSD Buy📈 Entry: 0.2062221 SL:🛑 0.1884981 TP1: 0.2283771 TP2: 0.2418716 TP3: 0.2593942 TP4: 0.2827577
KRAKEN:DOGEUSDLong
by Elite_Trading_Signals