DOGE going to at least $3.00 on this Cycle.Dogecoin / DOGEUSD is expected to be among the high cap winners during this Cycle.
Not only is it currently still under its All Time High but the recent massive post U.S. election rise brought it to the 0.786 Fibonacci level.
Following a 1day Golden Cross early this month, we believe that we are trading on a similar Cycle stage as January 2021 (also on the 0.786 Fib).
The 1day RSI fractals seem to match perfectly, being way above 80.00 and what should follow next is a test of the 1.5 Fibonacci extension.
Buy Doge and target it at 3.000.
Previous chart:
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Dogeusd
Altcoin Screener | DOGE Pi Cycle High and Low v2CRYPTO:DOGEUSD has been getting a lot of buzz recently and many attribute this to the Elon effect but I say that all of this can be found in the charts and is no surprise. I have several charts to share on Dogecoin's cyclical nature and why even after this recent rally, it's still not too late to buy.
I developed this DOGE cycle top and bottom indicator that I call DOGE Pi Cycle High and Low v2 as it's a modified version of a popular indicator for Bitcoin in identifying its cycle top. When the green moving average crosses under the red moving average, this marks the Doge cycle bottom. When the yellow moving average crosses under the white moving average, this marks the first Doge cycle high.
The low for this cycle was already marked and we still have yet to see a pi cycle high trigger. Although DOGE has had a recent rally, I think there is still plenty of room to run here so you could add to a long position and wait for this Pi Cycle High trigger as a short term trade.
If you are interested in holding for longer for more potential gains, I have another indicator to share which is based on positive MACD, Bitcoin breaking above ATH and two tops. The first top triggers after Bitcoin breaks above its ATH and we have 12 consecutive weeks of positive MACD which is showing potentially will trigger by end of December 2024. Then there is a second and final top that forms later after a correction and when positive MACD returns for at least 2 consecutive weeks and lasts for 5-6 weeks.
And then finally we have another top indicator based on 2 Week RSI when it peaks between 89 and 97. This also forms two major tops so as a short term trade, you could sell on that first RSI peak or wait longer for the second peak.
DOGE - Pullback complete?We saw a MACD divergence lead to a nice corrective wave over the past few days. This is important to stabilize the RSI before the next run. Like how a dog takes little rests between playful runs.
Speaking of Dogs… did you pick up Ont he link between mans best friend and DOGE coin?
It is something unique to all of the other crypto currencies.
DOGE invokes the emotion of LOVE!
What do you feel for BTC or XRP? Fear? Greed? FOMO? ( also a fear)…
The blue trace is a high probability fit. It comes from the similar corrective wave just 2 back in our history… in the midst of the big run. I like that, because i see a foreground and back ground projection of these flying monsters propagating through space when i look at these charts… in 3D of course. Like those pictures you had to stare at in the 90’s.. and then the dolphins would appear in 3D.
Anyhow, my long running observations on the various time frames all suggest that there is a more significant influence coming from that 2 back pattern. It also nicely matches the RSI and MACD patterns.
Finally, we should be able to apply Elliot wave mentality to this… we left the bottom level, made it through the blips, and have just completed the background and foreground of the mid level…. so we should see another move up through the blips, to the top level.
BTC… on the other hand… tops already in! 100K pump and dump. Boom!
Pretty clear decision to sell that and buy DOGE.
Oh… the other traces… they are fit to other harmonic patterns or series on different time frames. They represent some of the other patterns of influence, and are very useful as DOGE likes to mutate a bit with each projection. I’d follow my dogs on hikes… same trail, but a bit of sniffing and chasing, and a different route or combination of routes each day. These projections are a bit like that also.
We do know that the resistance vectors (dotted) will turn to support and need to be checked in on. And the same goes for those support vectors (solid). Understanding the anticipated level behavior's helps us fit the projection to the forecasted levels… and it looks like laser beams at a festival when you zoom. :)
Thanks for being here as the crypto revolution unfolds!
Love, Doge.
115 000 BTCUSD End of Year 2024 Price Target🔸All previous setups made money, feel free to recap below via links.
All target already acquired as well.
🔸Currently minor pullback in progress, however BTC bulls are not
done yet and end of year price target is 115 000 usd on the possible
tech overshoot once we clear resistance at 100 000 usd.
🔸key s/r zones: 87/89 000 usd, 81/83 000 usd, 83/85 000 usd is the
best zone for the bulls to reload for a ride to 115 000 usd in December.
🔸Recommended strategy bulls: wait for the pullback to complete
in the recommended zone. BUY/HOLD. TP 115 000 USD in December.
good luck traders!
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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
DOGEUSDT.P | 2 Demand AreasThe 2 regions I indicated with the blue box can work as demand regions. It would make sense to buy from both. The low time interval reaction after falling into the box can also be a trading opportunity.
The price made a deviation above this range and with a movement of 8%, I would not be surprised if it wicks the box below and rises.
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Analyzing Dogecoin Futures Open Interest: What Does it Mean ?Dogecoin (DOGE), the memecoin that captured the world's imagination, has seen its future open interest reach an all-time high. This metric, which measures the total number of outstanding futures contracts, is often used as an indicator of market sentiment and potential price volatility. While this development might seem bullish at first glance, it could also be a warning sign for DOGE's price trajectory.
What Does High Open Interest Mean?
A high open interest in futures contracts indicates increased speculative activity around a particular asset. In the case of Dogecoin, this suggests that traders are taking significant positions, either long or short, on the cryptocurrency's future price movement.
On one hand, high open interest can be a bullish sign. It could mean that there is strong demand for Dogecoin, and traders are betting on its price to rise. However, it's important to consider the other side of the coin. High open interest can also indicate a potential for increased price volatility, as traders may be more likely to take profits or cut losses, leading to sharp price swings.
The Role of Elon Musk and Memecoin Momentum
Dogecoin's popularity has been significantly boosted by the support of high-profile figures like Elon Musk. Musk's tweets and endorsements have often sent the DOGE price soaring, attracting new investors and driving a speculative frenzy.
Moreover, the broader memecoin market has been experiencing a period of outperformance, with many memecoins recording significant price gains. This trend has further fueled interest in Dogecoin and contributed to its price rally.
Is a DOGE Price Top Imminent?
While the recent surge in Dogecoin's price and the all-time high in futures open interest are undoubtedly exciting, it's crucial to remain cautious. Several factors suggest that a price top might be nearing:
• Overbought Conditions: Technical indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) may be signaling overbought conditions, suggesting that the price may be due for a correction.
• Profit-Taking: As the price of Dogecoin rises, traders who have made significant profits may start to take some of their gains off the table. This selling pressure could lead to a price decline.
• Regulatory Uncertainty: The regulatory environment for cryptocurrencies remains uncertain, and any negative regulatory developments could have a significant impact on Dogecoin's price.
• Market Sentiment Shifts: The cryptocurrency market is highly volatile, and sentiment can shift rapidly. If investor sentiment turns bearish, it could lead to a sharp decline in Dogecoin's price.
Conclusion
While the high open interest in Dogecoin futures is a noteworthy development, it's essential to approach it with a balanced perspective. While it could indicate strong demand and potential for further price appreciation, it also highlights the increased risk of price volatility. As with any investment, it's crucial to conduct thorough research and consider the potential risks and rewards before making any decisions.
Investors should be mindful of the potential for a price correction and avoid making impulsive decisions based on short-term price fluctuations. A long-term investment approach, coupled with a solid understanding of the underlying technology and market dynamics, maybe the most prudent strategy for navigating the volatile world of cryptocurrencies.
DOGE: The Last Push to Glory?I’ll be bidding below 35c for one last push, with a chance of a retest into 32c. If this fails, then it will likely drop straight to 28c, where I’ll be looking to buy, but that’s for another trading setup.
I’m expecting another week of green, with BTC approaching 103k. We should have more data by Tuesday, depending on whether it manages to close with a daily expansion bar on Monday or Tuesday.
Buying the breakout will also be a valid strategy here. CRYPTOCAP:DOGE
DOGE To Mars - The Elon RideDOGE got a memorable boost with the previous FOMO.
With the Crypto Markets preparing for the next boom, I think this one will go again.
This dog went to the Moon, now Elon's gonna take it to Mars.
I will not hesitate to get my hands on this Dogecoin at the $0.03-$0.01 range.
DOGEUSD ( DOGEUSDT , DOGEBUSD ) Tech. Analysis:
* Elliott Wave Impulse: Cycle A (white)
* Elliott Wave Correction: Primary A-B-C (red)
* Ending Diagonal: Primary C (red)
* Bullish Divergence
* Demand Zone
* 88.6% Fibonacci Retracement
* 61.8% Fibonacci Extension
* Double Bottom
It might take a while, but it proved to be a nice meme coin.
So, might as well get some if it provides a better level.
Doge and a long position potential!hello guys!
as you requested let's start to analyze #doge!
Doge made sharp movements before forming a triangle!
on the triangle pattern, it made a head and shoulders pattern and formed a trendline there!
the target of the pattern is touched already! but if the price breaks up the top line of the triangle you can enjoy the long position as well!
the target of the long position is $0.48
DOGE Soars 1900% Gains at 10x Lev in Just Days!DOGEUSDT Trade Overview:
DOGE surged to incredible heights, delivering an astounding 1900% gain at 10x leverage. On the 4-hour timeframe, this long trade setup effortlessly achieved all targets, showcasing the power of the Risological trading system.
Key Levels:
TP1: 0.16661 ✅
TP2: 0.18170 ✅
TP3: 0.19679 ✅
TP4: 0.20612 ✅
Technical Analysis:
The entry point at 0.15728 was confirmed as DOGE displayed clear bullish momentum by breaking above the Risological Swing Trader . The continuation of the trend was supported by consistent volume and a strong upward trajectory, giving traders ample time to maximize gains.
Each target was systematically reached, with the final push breaking above TP4 and providing an exceptional profit for those holding their positions. The Risological system's ability to pinpoint entry, exit, and stop-loss levels precisely contributed to this massive success.
Will Dogecoin's Price Soar Again with a 36,000% Rally in 2021?## Dogecoin's Next Bull Run: A Technical Analysis
Dogecoin (DOGE), the cryptocurrency that began as a joke, has shown remarkable resilience and growth over the years. After a meteoric rise in 2021, DOGE experienced a significant correction. However, recent technical analysis suggests that the coin may be poised for another substantial rally.
**The Pennant Formation**
A pennant formation is a bullish technical pattern that often precedes a significant price breakout. It's characterized by a period of consolidation within a narrowing price range, followed by a sharp upward movement.
Technical analysts believe that Dogecoin has formed a pennant pattern on its chart. This pattern, combined with other bullish indicators, suggests that DOGE could be ready to break out and potentially retest its all-time high or even surpass it.
**Factors Fueling Dogecoin's Potential Rally**
Several factors could contribute to Dogecoin's potential rally:
1. **Elon Musk's Influence:** Elon Musk, the CEO of Tesla and SpaceX, has been a vocal supporter of Dogecoin. His tweets and endorsements have often led to significant price surges. Any positive news or actions related to Dogecoin from Musk could trigger a buying frenzy.
2. **Memecoin Mania:** Dogecoin, as one of the original memecoins, benefits from the overall popularity of memecoins. The recent success of other memecoins has renewed interest in Dogecoin and could drive its price higher.
3. **Growing Community and Adoption:** The Dogecoin community continues to grow, with increasing numbers of people using the coin for transactions and tipping. As adoption grows, so does the demand for Dogecoin.
4. **Exchange Listings and Institutional Interest:** More and more cryptocurrency exchanges are listing Dogecoin, making it easier for investors to buy and sell the coin. Additionally, some institutional investors have expressed interest in Dogecoin, which could further fuel its price appreciation.
**Potential Risks and Challenges**
While the technical analysis and bullish sentiment are promising, it's important to acknowledge the risks and challenges associated with investing in cryptocurrencies:
1. **Market Volatility:** The cryptocurrency market is highly volatile, and Dogecoin's price can fluctuate significantly in a short period.
2. **Regulatory Uncertainty:** Regulatory uncertainty can impact the price of cryptocurrencies. Changes in regulations can create volatility and uncertainty in the market.
3. **Competition from Other Memecoins:** The emergence of new memecoins could divert attention and investment away from Dogecoin.
4. **Technical Issues:** Technical issues with the Dogecoin network could negatively impact its performance and price.
**Conclusion**
Dogecoin's potential for a significant price rally is fueled by a combination of technical analysis, strong community support, and the influence of key figures like Elon Musk. However, it's crucial to approach any investment in Dogecoin with caution and a long-term perspective. As with any investment, it's essential to conduct thorough research and consider consulting with a financial advisor.
Doge breaking out of H4 ChartLooking for a long to the 1.618 off the recent high swing low. PA is trying to break H4 structure to the north. Price action is trading above the 50 sma. Price is currently trading above H4 resistance. roughly 25% return if doge can squeak out 50 cents. Green line is my entry. Stoploss is around .389000
NFA, Do your own DD.
Thanks for viewing the idea.
#DOGE/USDT Ready to go up#DOGE
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.3770
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.3900
First target 0.4000
Second target 0.4119
Third target 0.4259
Dogecoin: 50 Cents Confirmed Dogecoin: 50 Cents Confirmed 🚀
This is my new 4H chart. As the last analysis hit the target, I now think we will drop down to 35 cents at the lowest—not more—and then fly directly to 50 cents this month!
Good luck!
Disclaimer: This is not financial advice. Please do your own research and consider the risks before making any investment decisions.
Doge chartDoge small time frame chart.
Testing the water in small steps to see if this drops more or wants to go up.
Each level can reject to a lower one or offer support.
For bullish scenario you want T1 to become support and pump over T2 and that to become support also.
If price falls bellow danger area the setup is invalidated
Doge → a quick analysishello guys!
Doge is so bullish in the high time frame!
but in a lower time frame, it formed a triangle pattern! a symmetrical one!
so if the price breaks down the triangle's bottom line we can get a short position toward $0.31!
but if the top line will broken then add more volume to your long position!
however, the blue area has a significant potential for getting a long position too!
let's see what is the Doge's purpose!
Is Dogecoin's Breakout from the Falling Wedge Pattern Bullish ?Dogecoin (DOGE), the meme coin with a loyal following, has recently shown promising signs of a potential bullish breakout. Technical analysts have identified a classic falling wedge pattern forming on the DOGE/USDT chart, which, if broken, could signal a significant price surge.
What is a Falling Wedge Pattern?
A falling wedge is a bearish reversal pattern characterized by converging trendlines that slope downward. The pattern typically forms during a downtrend and indicates a potential reversal to the upside. As the price action narrows within the wedge, the likelihood of a breakout increases.
Technical Analysis of Dogecoin
Technical analysts have been closely monitoring Dogecoin's price action and have observed the formation of a falling wedge pattern. The pattern suggests that the selling pressure is weakening, and a bullish reversal may be imminent.
• Key Support and Resistance Levels:
o A break above the upper trendline of the falling wedge could trigger a significant upward move.
o The 50-day and 200-day moving averages could provide additional support levels.
• Relative Strength Index (RSI):
o The RSI is a momentum indicator that can help identify overbought and oversold conditions.
o A reading above 50 suggests bullish momentum, while a reading below 50 indicates bearish momentum.
o A rising RSI within the falling wedge can signal a potential bullish divergence, further supporting the idea of a breakout.
There is a bullish outlook on Dogecoin with a potential for a successful breakout from the falling wedge pattern could propel DOGE's price.
Factors Driving Dogecoin's Potential Upward Movement
Several factors could contribute to Dogecoin's potential price surge:
• Strong Community Support: Dogecoin has a dedicated and passionate community that actively promotes the coin and supports its development.
• Increased Adoption: As more merchants and businesses start accepting Dogecoin as a form of payment, it could lead to increased demand and higher prices.
• Positive Sentiment: Positive news and social media buzz can significantly impact Dogecoin's price.
• Technical Breakout: A successful breakout from the falling wedge pattern could attract more buyers and trigger a price rally.
Conclusion
While Dogecoin's future price movement is uncertain, the formation of a falling wedge pattern and the positive sentiment surrounding the coin suggest a potential bullish outlook. Investors should conduct their own research and consider consulting with a financial advisor before making any investment decisions.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Cryptocurrency investments are highly volatile and involve significant risk. It is important to do your own research and consult with a financial advisor before making any investment decisions.
Dogecoin DOGE Is About To Hit All Time High!Hello, Skyrexians!
Today we have the analysis of the king of the meme coins BINANCE:DOGEUSDT which has much better performance than all fundamental crypto assets. This happened because of lack of people holding this coin. Last month was hot for Dogecoin and it looks super bullish. When it breaks ATH and what is the target for current bull run?
Let's take a look at the weekly time frame. Previous bull run, in our assumption, was the wave 1 of the super cycle. After that price retraced to 0.38 Fibonacci level in wave 2. It means that this asset is strong, because most of assets reach 0.618 in wave 2. Inside this support zone 3 green dots has been printed by Bullish/Bearish Reversal Bar Indicator . This is very strong reversal sign and the last one triggered the new bullish wave.
This huge rapid growth is the global wave 3. This wave will break ATH in December 2024. Final targets for this wave are 1.61 and 2.61 Fibonacci extension at $1.3 and $2.1.
Best regards,
Skyrexio Team
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Is #DOGEUSDT on the Verge of a Major Bullish Move?
Yello, Paradisers! Is #DOGEUSDT gearing up for a major breakout? Don’t miss this critical analysis!
💎#DOGEUSDT is currently sitting at a crucial demand zone of $0.10372, forming a Falling Wedge pattern. We've been monitoring this closely, and a potential price breakout above this level could signal a major momentum shift in favor of the bulls. If the demand holds, this could set the stage for a strong bullish move in the near future.
💎For this bullish scenario to play out, we’ll need to see #DOGECOIN break above the $0.11061 minor resistance level. If it can manage this breakout, our next target is the internal resistance zone at $0.18081—where we could see a significant rally.
💎But be cautious! If the demand zone doesn't hold, we might witness a pullback to the lower support area, around $0.09271-$0.08789. A daily close below this level would invalidate the bullish outlook and could lead to a deeper correction.
Keep your focus sharp, Paradisers! This next move could be a game-changer. As always, patience and discipline are the keys to navigating these market conditions. Stay strategic and be ready for whatever comes next.
MyCryptoParadise
iFeel the success🌴
Doge coin to where?Till now the correction still less than 38% but even if it goes to 50% still healthy
Our Goals are each resistance we draw on chart but the big Goal still not sure till it broke those resistance areas first
The price is at 50% resistance area of last high 2021 we may see correction as it is now but the bull market will break it easily