#DOGE READY TO EXPLODE OR BREAKDOWN? KEY LEVELS TO WATCHYello Paradisers! Are you paying attention to #DOGEUSDT? This setup looks too good to ignore. #Dogecoin is sitting at a make-or-break level:
💎#DOGE is currently in a corrective phase following its impulsive five-wave rally (1-2-3-4-5). The price has been consolidating inside a broadening descending channel, forming a classic A-B-C correction pattern. Right now, #DOGE is hovering around a major support zone between $0.1444 and $0.2024—a crucial area where buyers need to step in.
💎For bulls to take control, we need to see a breakout above the descending resistance. If #DOGEUSD manages to break out convincingly, the first target is $0.30, followed by a potential rally toward the strong resistance zone at $0.48-$0.60. But remember, if there is no breakout, there will be no bullish confirmation.
💎The support zones between $0.20-$0.14 are very important. What if #DOGE fails to hold support? The bullish setup will become invalid if the price breaks below the $0.14 level. This could open the door for a deeper drop, potentially pushing DOGE below $0.10, where the market would need to find fresh buyers to avoid a complete breakdown.
💎If RSI and MACD show bullish divergence near the support zone, this could signal the end of the correction and the start of a new impulse wave. But without this confirmation, the risk of further downside remains.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Dogeusd
Dogecoin Poised for a Breakout Amid Government Efficiency PlansThe cryptocurrency world is abuzz with excitement as Elon Musk’s Department of Government Efficiency (DOGE) takes center stage, not only for its ambitious plans to streamline federal operations but also for its indirect impact on the meme-inspired cryptocurrency, Dogecoin. With the official launch of the DOGE website (doge.gov) and the announcement of sweeping governmental spending cuts, the crypto market is witnessing a renewed wave of optimism around Dogecoin.
Elon Musk’s Influence and DOGE’s Growing Relevance
Elon Musk, the billionaire entrepreneur behind Tesla and SpaceX, has long been a vocal supporter of Dogecoin, often tweeting about the meme coin and even integrating it into payment systems for Tesla merchandise. His latest venture, the Department of Government Efficiency (DOGE), has further cemented the connection between Musk and the Dogecoin community. While the initiative is focused on reducing government spending by $2 trillion over the next four months, the mere association with the DOGE acronym has reignited interest in the cryptocurrency.
The launch of doge.gov, which promises to provide updates on cost-saving measures and federal operational efficiencies, has created a sense of anticipation among investors. Musk’s involvement in this governmental advisory panel under Trump’s presidency has added a layer of credibility and intrigue, further fueling speculation about Dogecoin’s potential role in the broader financial ecosystem.
Moreover, the broader macroeconomic environment is playing a role in Dogecoin’s appeal. With U.S. inflation data for January coming in at 3% year-over-year, higher than expected, Musk’s plans to slash government spending could have a deflationary impact. Analysts like Charles Gasparino of FOX Business have suggested that achieving the panel’s goals could bring inflation down to 2%, which would be a boon for risk assets, including cryptocurrencies. This macroeconomic backdrop is creating a favorable environment for Dogecoin to thrive.
Technical Analysis
From a technical perspective, Dogecoin is showing strong signs of a potential bullish reversal. At the time of writing, Dogecoin is trading at $0.2579, up over 4% intraday, with an RSI (Relative Strength Index) of 47. This indicates that the asset is neither overbought nor oversold, leaving ample room for upward movement.
Key Technical Indicators
1. Fibonacci Retracement Levels: Dogecoin has recently broken above the 38.2% Fibonacci retracement level, a critical resistance point. This breakout suggests that the coin is poised for further gains, with potential targets at $0.4993, $0.5740, and $0.6543 if the bullish momentum sustains.
2. Support and Resistance Levels: The one-month low of $0.2489 is acting as a strong support level, providing a safety net for investors in case of a pullback. On the upside, the immediate resistance lies at $0.267, which, if breached, could open the door for a significant rally.
3. RSI and Momentum With the RSI at 47, Dogecoin is in a neutral zone, indicating that there is no immediate selling pressure. This positions the coin for a potential trend reversal, especially if buying volume increases.
4. Community and Elon Musk’s Support: Dogecoin’s strong community backing, combined with Elon Musk’s continued influence, adds a layer of fundamental support to the technical setup. The meme coin’s ability to rally on sentiment and news cannot be underestimated, as seen in previous cycles.
Conclusion
Elon Musk’s Department of Government Efficiency (DOGE) has created a perfect storm for Dogecoin, blending fundamental optimism with a strong technical setup. As the official DOGE website goes live and Musk’s plans to slash government spending take shape, Dogecoin is well-positioned to capitalize on the resulting market sentiment.
With key technical indicators pointing to a potential breakout and the broader crypto market showing signs of bullishness, Dogecoin could be on the verge of another historic rally. For investors, the coming weeks and months will be crucial as they watch for confirmation of the bullish trend and the realization of Musk’s ambitious goals.
Docecoin DOGE price analysisExactly 3 months ago, we made our last post about CRYPTOCAP:DOGE 👇
We wrote that according to our idea, the OKX:DOGEUSDT price made a +300% price movement and entered the sales zone.
Since then, #Dogecoin has managed to make an A-B-C correction of -55% and test the “mirror” zone for strength.
In principle, +/- now the price of CRYPTOCAP:DOGE is much more interesting to buy into an investment portfolio than it was before. But we'll probably - pass.
😭 Rumor has it that the next target for #DOGEUSD is $1 - do you believe it?
_____________________
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DOGE - Time to buy again!The price has formed a Triangle on the 4h time frame, and if it breaks out, it can drive the price up to around $0.30.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DOGE About to Moon? Yes, But Watch for One Last dump!Since 2013, CRYPTOCAP:DOGE has been following a massive long-term ascending channel.
Every major pump and dump has played out within this channel.
Right now, BINANCE:DOGEUSDT is forming a similar pattern to the one before its last bull run.
In both cases, you can draw a downtrend line from the previous cycle’s peak.
Before the real breakout (purple arrow), there was always a failed breakout attempt (light blue arrow) followed by a sharp correction.
💥 Last cycle’s correction: -61%
💥 This cycle’s correction so far: -64%
After the first correction, DOGE broke the downtrend line (purple arrow) but then had another 56% pullback, retesting the lower boundary of the descending channel.
If DOGE follows this same script, we’ve already seen a 57% drop as of 2/3.
But is the correction over? Not sure yet.
If there’s one last dip before the real pump, it could drop to the lower boundary of the descending channel.
Based on past support/resistance levels, the buy zone could be between $0.215 - $0.151.
Then comes the dawn after the coldest night—
The party will start suddenly, so hold on tight.
🔴 [ Follow me ] for more future script "guesses" like this!
🔥 I've dropped another 2 analyses for the 2025 altseason on the right hand side if you're using computer, and scroll down a bit to see the link if you're using mobile.
DOGE initiated the rally that will reach $1.00DOGEUSD is forming a support base straight after it breached but rebounded and closed over the MA200 (1d) on February 3rd.
The pattern throughout this Bull Cycle is a Fibonacci Channel Up and the bottom also took place on the 0.236 Fib which was were the rallies of October 2023 and January 2024 started.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1.0000 (top of the Channel Up / Fib 1.0).
Tips:
1. The RSI (1d) hit the 30.00 oversold level. This has turned out to be an excellent but entry for Doge long term.
Please like, follow and comment!!
Dogecoin roadmap (new update) 3DIt's time to take a step back from Elon Musk's favorite coin!
From the point where we placed the red arrow on the chart, it seems that Dogecoin's major correction had begun, and at the point where we placed the green arrow, Dogecoin's bullish phase started—a large, multi-year phase.
This bullish phase, based on price-time rules, appears to be a diametric or symmetrical pattern.
Now it seems that wave E of this large diametric has completed, and the price is entering wave F, which is a bearish wave.
Previous corrective waves of this diametric lasted between 196 and 347 days, so wave F is also expected to last between 196 and 347 days.
Similar to waves B and D, wave F is expected to be highly volatile.
Between the two vertical lines and within the horizontal green zone, the correction for wave F is expected to conclude, transitioning into wave G. Wave G will be a bullish wave that might lead to a new ATH (All-Time High).
A weekly candle closing below the invalidation level will invalidate the buy outlook for the green zone.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Dogecoin - All Things Are Very Bullish!Dogecoin ( CRYPTO:DOGEUSD ) will create new highs soon:
Click chart above to see the detailed analysis👆🏻
After we saw the expected triangle breakout back in mid 2024, Dogecoin has been rallying about +500% and is now retesting the previous all time highs. Following the overall crypto bullishness, a breakout is very likely which will then be followed by a second parabolic rally.
Levels to watch: $0.2, $0.5
Keep your long term vision,
Philip (BasicTrading)
300% gains Best Level to BUY/HOLD DOGE 5 waves correction🔸Hello guys, today let's review H4 price chart for DOGE. Currently pullback in progress, expecting more losses in this market before potential decent reversal/bounce off the lows.
🔸Previously we had a nice run from 8 cents to 40 cents, 500% gains. Currently expecting 5 waves correction to complete at/near 12 cents.
🔸Recommended strategy bulls: BUY/HOLD low at/near 12 cents once
the 5 wave correction is complete. A/B/C bounce into 36 cents.
300% unleveraged gains possible, patience required. good luck!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
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.
DOGE/USD "Dogecoin vs US Dollar" Altcoin Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Thieves, 🤑 💰🐱👤
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the DOGE/USD "Dogecoin vs US Dollar" Altcoin market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The heist is on! Wait for the breakout (0.30000) then make your move - Bullish profits await!"
however I advise placing Buy Stop Orders above the breakout MA or Place Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑:
Thief SL placed at the recent / nearest low level Using the 4H timeframe (0.27000) swing trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯:
1st Target - 0.36500 (or) Escape Before the Target
Final Target - 0.44000 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
DOGE/USD "Dogecoin vs US Dollar" Altcoin market is currently experiencing a bullish trend,., driven by several key factors.
🎈 Fundamental Analysis: Bullish
- The fundamental analysis of DOGE/USD suggests a bullish trend.
- This means that the underlying factors that affect the price of Dogecoin, such as its blockchain technology, adoption rate, and community support, are all indicating a potential increase in price.
🎈 Macro Economics: Uncertain
- The macroeconomic outlook for DOGE/USD is uncertain.
- This means that global economic factors, such as inflation rates, interest rates, and geopolitical events, are not clearly indicating a bullish or bearish trend for Dogecoin.
🎈 COT Report: Not Available
- The Commitment of Traders (COT) report is not available for DOGE/USD.
- The COT report provides insights into the positions held by institutional traders, such as hedge funds and banks, and can be a useful tool for analyzing market sentiment.
🎈 Sentimental Market Analysis: Bullish
- The sentimental market analysis of DOGE/USD suggests a bullish trend.
- This means that the overall market sentiment, as indicated by factors such as social media sentiment, online searches, and trader surveys, is positive and indicating a potential increase in price.
🎈 Positioning: Institutional Traders Holding Long Positions
- Institutional traders, such as hedge funds and banks, are holding long positions in DOGE/USD.
- This means that these traders are betting on an increase in the price of Dogecoin and are holding positions that will benefit from a price increase.
🎈Overall Outlook: Bullish in the Short Term
- The overall outlook for DOGE/USD is bullish in the short term.
- This means that, based on the analysis of the above data points, the price of Dogecoin is expected to increase in the short term (next 30 days).
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
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DOGE📉 Price Trend: The price is currently trending downwards, as shown by the lower highs and the recent dip.
📊 Resistance Levels:
🔴 Strong resistance at 0.47 - 0.59.
🟪 Medium resistance near 0.39 - 0.43.
📈 Key Levels to Watch:
🟩 Current price is 0.33, hovering near a critical level of support.
🟢 Potential supports at 0.2673 and 0.2091.
🚨 Break below 0.2091 could lead to further downside, testing the 0.18 - 0.15 range.
📌 Targets:
🎯 Upside: 0.39, 0.43, and 0.47 as potential take-profit levels.
🔻 Downside: Watch 0.2673 and 0.2091 for buy zones or further consolidation.
🔥 Momentum: Mixed; recent dip suggests weakness, but support zones could trigger recovery.
DOGEUSD Giant Bull Flag or Channel Down rebound?Dogecoin (DOGEUSD) is trading within a 2-month Channel Down, which on the wider scale may be a Bull Flag for this Bull Cycle. Regardless of the time-frame, the price got sold aggressively today and hit its 1D MA200 (orange trend-line) for the first time since October 25 2024.
If that's just a 1D Channel Down, then today's Low is technically a bottom on the pattern's Lower Lows trend-line. The previous one (December 20 2024), rebounded towards almost the 0.786 Fibonacci retracement level.
With an oversold (<30.00) 1D RSI for the first time since August 07 2024 making the buy opportunity even stronger, we expect the new Bullish Leg to target 0.3800 (just below the 0.786 Fib).
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PUMP to 2$This chart displays a bullish outlook for DOGE/USD on the weekly timeframe. The current price is $0.33, with an EMA (50) at $0.19 signaling a strong uptrend 📊. The chart suggests a key support zone around $0.20, ideal for entries 📉, and targets an ambitious price of $2.06, indicating potential growth of over 500% 🚀. A descending wedge breakout and higher lows support the bullish thesis 📈. The RSI is at 67.35, close to overbought, hinting at momentum but also a need for caution ⚠️. A pullback near $0.20 could provide better risk-reward entry opportunities.
Dogecoin ABC correction entering final phaseI made a fresh clean chart for you to see the obvious.
1 Fibonacci Retracement of the 5th wave from 8 cent to 48.5 cent
2 Fibonacci Retracement from the bottom wick of the A wave to the top wick of the B wave
3 Date & Price Range measuring the A wave and one for the expected C wave both showing us -46% & 12 days
4 Orange Trendline you have seen also in the previous which sits on the top of the 3rd wave.
5 Green Trendlines x4
6 Notice the volume to the left we have a nice green volume when we pumped the 5th wave and to the right we have a nice red volume increasing
7 VWAP indicator also confirming our targets are legit!
Conclusion:
If we drop from here exactly the 46% like we did on the A wave we will perfectly hit our targets between the 0.618 of wave 5 and the 1.272 of the B wave plus support from the Orange Trendline
The last drop lasted 12 days and if the next one should also last around 12 days then time is running out and it might drop in the next 5 days before the upcoming monthly close and might be already finding bottom by then.
We most likely have some reactions on the way down when we reach the 0.786 also green line and the 1 Fib.
If you have not see the previous Idea (Editor Pick) please have a look at it here:
DOGE: Now that support got poked through....Sunday flash crash of the markets after the trade war announcements has made things rather interesting. So far, the uptrends have been intact, but some very important support levels have been breached temporarily; for all important markets, including the ES, NQ, BTC, Gold etc. For Doge, there are still a couple of bullish possibilities out there. Until price goes below $.12-$.10 zone, which is the secondary line of defense, higher prices may still be in the future.
Bull counts as of now:
1. 1/2, 1/2 setup. Probably the biggest bull case here. Will be confirmed only with a V recovery and price above $0.5 very quickly. This selloff should be a long wick on a daily, or rather a weekly chart and piece of historical reference. Price target will put Doge to $5 or beyond which should be a massive price explosion.
2. Ending diagonal. This count will be validated if price keeps on falling and slowly bottoms out at the secondary line of defense. Still should make an all-time high eventually but will take some time to grind out the bottom and slowly recover. Should give us $1 Doge but that would be it!
Bear case:
Still on Primary wave 4! That may give us some new lows below $0.08 and crush the hopes and dreams of many! As long as price doesn't fall below $0.018, macro bull market is still alive (maybe barely)! Will reassess if this happens....
Bottom line: Not panicking for one. Market will bounce after a severe selloff. At that point need to take some inventories and adjust.
Dogecoin: Trading What You See, Not What You Hope ForThe crypto world is buzzing about the acronym D.O.G.E., with many hoping this hype will ignite a massive price explosion for Dogecoin.
However, the market has repeatedly failed to deliver. In fact, every rally this year has been met with heavy selling.
As I often say, " trade what you see, not what you dream of ." And from a purely technical perspective, what I see for Dogecoin right now doesn’t look promising.
A Look Back: The Trump Pump and the Aftermath
Dogecoin experienced a massive pump last year, fueled by Trump’s presidential election win. But after the initial euphoria, the market cooled down, and Dogecoin entered a correction phase.
Leading up to Christmas, the price even temporarily dipped below the horizontal support level at $0.35. While the start of 2025 brought a recovery above this support, bulls have struggled to maintain their gains.
The Current State of Dogecoin
Even the brief spike two days ago, which initially looked promising, was quickly reversed. As of now, Dogecoin has returned to this critical $0.35 support line, showing continued weakness.
What’s Next?
Given the current price action, my expectation is that this support will eventually give way. If that happens, we could see Dogecoin drop to around $0.26, a level that might offer stronger support.
The Bottom Line
Dogecoin’s technicals suggest caution, not optimism. While the D.O.G.E. hype might tempt some into dreaming of another rally, the charts tell a different story. If you’re trading Dogecoin, stay focused on the reality of the price action and be prepared for potential downside.
As always, trade wisely and stick to the facts, not the fantasies.
Dogeusdt
#DOGEUSDT
The entire crypto market is currently experiencing a downturn. It's crucial to wait for confirmation before making any major decisions. Once the trend stabilizes, we can look for potential opportunities to ride the wave with DOGE.
🔹 Key Levels to Watch:
Monitor support and resistance zones for possible reversals.
Look for volume spikes and market sentiment shifts before entering new trades.
🚨 Reminder: Do NOT close any positions yet. Stay patient, manage risk, and wait for a clear breakout signal. The market can shift quickly, so be ready! 🚀🐶
#DOGE/USDT#DOGE
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.3200
Entry price 0.3360
First target 0.3445
Second target 0.3565
Third target 0.3700
DOGE/USDT 1H: Bears in Control – Targeting $0.31500 Next! DOGE/USDT 1H Chart Analysis
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Current Market Condition:
Bearish consolidation at $0.33146 with strong resistance at $0.34000 (Premium Zone).
RSI: Bearish divergence at 49.69, indicating continued downside pressure.
Key Levels:
Resistance Zone: $0.34000 - $0.34500.
Support Levels:
T1: $0.32500 (Equilibrium Zone).
T2: $0.31500 (Discount Zone).
Stop Loss: Above $0.34500 for short positions.
Trade Setup (Confidence 8/10):
Entry: Short at current price ($0.33146).
Targets:
T1: $0.32500.
T2: $0.31500.
Stop Loss: $0.34500 (above key resistance).
Risk Score: 7/10 (moderate risk, but strong setup).
Market Maker Intent:
Distribution Phase: Visible at premium zone ($0.34000-$0.34500).
Bearish Confirmation: Watch for breakdown below $0.32500 to confirm further downside.
Recommendation:
Short positions favorable at current price ($0.33146).
Wait for breakdown confirmation below $0.32500 before adding shorts.
Maintain tight stops above $0.34500.
Confidence Level: 8/10 for bearish continuation.
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