DOGE Technical Analysis in Weekly TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
DOGE is in a downtrend on the weekly timeframe. The price has broken below the blue box, which was a key support, and it's now acting as resistance.
If the market doesn't shift from bearish to bullish, DOGE will likely drop toward the support trendline between $0.055 and $0.0628, a 38%-40% decline from the current price.
To avoid this drop, the market needs a strong rebound.
Key levels:
- Resistance: $0.104-$0.118
- Support (Accumulation): $0.6243
- Long-term Target: 5x-10x
DYOR, NFA.
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#doge #Crypto
Dogeusdt
DOGECOIN on the rise! Let's goo!Hello traders!
At this very moment, we can feel some recovery after the market has been retracing and even piercing ATL on several coins. DOGE, however, has remained very solid and true to its uptrend. I've marked a certain confluence zone that could give us a hint as to what may happen.
1) We can see that when the price hit the 0.22 zone, it started to decline and range inside a triangle pattern. This pattern has never been broken on either side, so we can say the price has been in equilibrium for a long time now. Recently, the price bounced off the lower band of the triangle, creating an opportunity for us.
Possible confirmations would be a breakout of the downward trendline as shown in the chart above, followed by strong volume and a successful re-test.
2) TARGETS: The nearest one would be 0.16, which would act as a supply zone. After that, the wave is complete. We should wait to see how price reacts to the zone to confirm if the bulls will still be in control to drive the price even higher or if the steam is over and most likely will enter a ranging phase.
This idea is to spot for the long term. This asset is still in balanced mode; there hasn't been a breakout of the range yet. However, it's worth noting that there's a triangle pattern playing out right now.
I hope you find it useful and are able to take advantage of this idea.
Kina Tip of the Day: Take profits partially even when they don't seem much because, in the long run, they will grow in a balanced way with the rest of the portfolio.
Keep it shiny ⭐
Kina, The Girly Trader
Dogecoin's long term is bearishIn this update, we made the Dogecoin roadmap more specific.
According to the wave counter with recent data, the stop of bullish movements and the creation of important pivots, the time of waves, etc., the Dogecoin scenario is now more clear.
It seems that the price is in a WXYXZ (multiple correction) pattern, which in terms of time can continue until the end of 2025 (up to two vertical lines).
The white area is the large Dogecoin liquidity pool that has formed and is expected to be swept over the coming months.
By maintaining the supply range, Dogecoin can be involved in time correction and price correction for a long time and move towards the green demand range.
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
Frankly, I don't feel like explaining, the chart says it all !!BINANCE:DOGEUSDT is forming a falling wedge on daily timeframe , Up we go if we do breakout.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅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!!
DOGE vs. BTC - ALL IN!Hello!
I have been working with this trace for quite some time, and am pleased with its fit to the level’s of support and resistance.
This is fit, not only to the historic levels, and the relative timing of the expansion / compression patterns, but also to the forecasting levels.
………….……..
Dotted lines are resistance… they originate between twin prominent peaks, and then they will each get tested, then fail, and then turn to support. The turquoise and blue lines show this well.
_________ Solid lines are support…. They turn to resistance for the forward projection.
Note: there are 4 relevant projections at any given point. One for the bullish bulls, one for the bearish bulls, and the opposite. This is a Bullish Bull trace. I know that… i can see the other patterns of influence as the fractal through the price movements…. I have chosen to publish the bullish bull forecast, as i also know that we manifest and co-create reality. So look closely at this chart. It tells of a spectacular tale as the tides of the world begin to turn. The pendulum swings both ways…. And if we open our hearts we navigate our planet to utopia… free of war and genocide, persecution and animals abuse.
Doge coin is the only crypto that incites the value of Unconditional Love, amongst an infinite sea of fear and greed crypto currency alpha bet soup. That is the difference of the future of humanity on earth. We are moving to a universe governed once again by love, as we awake the masses out of the trance of fear and scarcity. We have begun to once again appreciate the earth for love and abundance, the currency of love, will prevail.
With unconditional Love, Man’s best friend.
May all beings live happy and free.
DOGE - Testing the support after long awaited reversal#DOGE/USDT #Analysis
Description
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+ After months of consolidation in the support zone, the price finally broke out and reached the local resistance.
+ Following this, there was a significant reversal, with the price returning to the support zone.
+ I’m observing a strong reversal and bullish momentum from the support zone, and I expect a trend change soon.
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VectorAlgo Trade Details
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Entry Price: 0.10694
Stop Loss: 0.06167
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Target 1: 0.16821
Target 2: 0.23087
Target 3: 0.34588
Target 4: 0.56844
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Dogecoin Weekly Analysis: Another Bull Move Ahead (READ CAPTION)By examining the #Dogecoin chart in the weekly timeframe (logarithmic), we observe that after dropping to $0.080 last week, the price saw heavy demand and increased by 30%, reaching $0.105. Currently, Dogecoin is trading above 10 cents, and we need to see if the price will successfully stabilize above 10 cents in the coming week. The mid-term price targets are $0.14, $0.1660, and $0.23. The expected return in the mid-term is over 100%.
#DOGE printing beautiful DOJI ready for 10x this season?DOGE has been trading within this channel since February 2021, over 1,127 days, until it broke out with a massive candle in February 2024. Since then, it has been retesting the breakout.
Here’s why I believe DOGE can 10x to nearly a dollar:
1. Breakout above the long-term accumulation channel, currently being retested.
2. Printing a strong weekly Doji, signalling significant buying pressure from the bulls.
3. Elon Musk is likely to shill it after the presidential election this year.
4. Trading above the 200EMA and battling to stay above the 100EMA.
5. RSI below 45 indicates plenty of room for growth.
6. MEME coins have been outperforming solid projects this season, and I believe DOGE will lead the charge in this bull run.
7. Multiple indicators are suggesting a bullish move is on the horizon.
My strategy is holding on spot for the next 6 months and be ready to accumulate on any dips.
This is not financial advice, so please do your own research.
**Trigger Point**: Closing above $0.11 (grey liquidity area) on the weekly chart.
Do you think DOGE can 10x from here, or is it just wishful thinking? Share your thoughts in the comments, and don't forget to hit that like button if you found this helpful.
Thank you!
#PEACE
#DOGE/USDT#DOGE
The price is moving within a descending channel pattern on the 4-hour frame and is expected to break upwards after it has adhered to it significantly
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.0800
We have a trend to stabilize above the moving average 100, which supports the rise
Entry price 0.09680
First target 0.1050
Second target 0.1180
Third target 0.1338
DOGEUSDT ( STABILIZING BELOW TURNING LEVEL ) ( 4H )DOGEUSDT
HELLO TRADERS
Tendency , the price is under bearish pressure , until trading below turning level at 0.102 .
TURNING LEVEL : the price of this level at 0.102 , so until the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) .
RESISTANCE ZONE : this zone between 0.115 and 0.128 , in order to see this zone the price need breaking turning level at 0.102 , breaking this price indicates an increase and reaching the resistance level (1) at 0.115 , then stabilizing above resistance level (1) likely to reach of a resistance level (2) at 0.128 , after breaking this zone it will be attempt to reach resistance level (3) at 0.141 , selling have already increase in this zone .
SUPPORT ZONE : this zone between 0.091 & 0.080 , until the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 0.091 , by open 4h or 1h candle below support level (1) , it indicates to reaching support level (2) around 0.080
CORRECTIVE : the price corrective at 0.102, before dropping .
TARGET LEVEL :
RESISTANCE LEVEL : 0.56 , 0.61 , 0.65 .
SUPPORT LEVEL : 0.44 , 0.39 .
DOG sell/short setupDogecoin's major structure is bearish. Now the wave that has moved upwards has formed a bear iCH.
So we are looking for sell/short positions in supply ranges.
In the specified supply range, we can look for sell/short positions.
The target can be the range of demand.
Closing a daily candle above the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
BULLISH Altcoins NOW: Final SHAKEOUT CompilationWe're seeing what could be the final shakeout across the entire altcoin market. This drain of liquidity will likely go into Bitcoin to propel the next impulse wave up, after which the money rotates BACK into alts for Altseason2.0.
We're spotting multiple bottom patterns across the altcoin markets such as inverse head and shoulders and W-bottom patterns.
1) FLOW
2) RNDR
3) SOLANA
4) LINK
5) ETH
__________________________________
I'll keep adding to the list over the next few days as there are MANY more. FOLLOW for alerts!
Dogecoin Weekly Analysis: +100% Expected Return! (READ CAPTION)By analyzing the #Dogecoin chart on the weekly (logarithmic) time frame, we observe that the price finally managed to fill our desired FVG with a powerful drop, followed by a 57% surge from $0.091 to $0.1437. Now, we can see on the chart that, like other cryptocurrencies in the market, Dogecoin has also undergone a price correction and is currently trading around $0.1130. If the price stabilizes above the $0.091 level, we can expect further growth from Dogecoin, with the next targets being $0.14, $0.1660, and $0.23. The expected return in the medium term is over 100%.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
DOGEUSDT.1DAs I analyze the Dogecoin (DOGE) paired with Tether (USDT) daily chart, several key technical aspects come to light. The price trajectory shows a significant consolidation phase, navigating within a defined range underpinned by crucial support and resistance levels.
Resistance Levels and Price Ceilings: The immediate resistance is marked at R1 ($0.16666). This level previously acted as a barrier, and a price push above this could signal strengthening momentum. The secondary resistance (R2) lies higher and serves as a pivotal point for assessing the potential for bullish continuation.
Support Levels and Price Floors: The price recently tested the support at S1 ($0.12079), which successfully halted further declines. A crucial lower support at S2 ($0.09766) provides a deeper safety net, where buyers might emerge strongly to defend price drops.
Technical Indicators Overview:
1. MACD (Moving Average Convergence Divergence): Currently, the MACD line slightly hovers above the signal line, indicating a marginal bullish presence. However, the proximity to a bearish crossover suggests that the bullish momentum is weakening, necessitating vigilance for potential shifts towards bearish dominance.
2. RSI (Relative Strength Index): With an RSI reading of approximately 46, the market does not exhibit conditions of being overbought or oversold. This neutral stance points to a lack of decisive momentum, placing importance on upcoming trading sessions to clarify directional intent.
3. Trend Analysis: The breakdown below the trendline T marked a significant shift in market structure from an upward bias to potential bearish control. This trendline breach should be viewed as a bearish signal unless the price reclaims positions above this level.
Trading Strategy:
Given the current technical setup, traders should adopt a cautious approach, monitoring for a definitive move either above R1 or below S1. A break above R1 could validate bullish sentiments, potentially targeting R2. Conversely, a break below S1 could intensify selling pressure, aiming for S2.
In conclusion, the current market condition of Dogecoin suggests a tug-of-war between bullish and bearish forces with pivotal actions expected at the key technical levels mentioned. Traders should remain adaptive, employing stop-loss orders to manage risks effectively, and capitalizing on clear signals provided by further price action and indicator movements.
DOGE - 120% Increase FIB Target (⊙_⊙)Dogecoin is looking bullish here for a couple of reasons:
1) Chart Pattern
Inverse Head and Shoulders in the Daily
2) Technical Indicator
"BUY" flash in the weekly
3) Trendline Analysis
Higher lows, consistently
If you've been following, you'll know I've been looking at a multi-month playout where we can expect another impulse wave up in Bitcoin as well as for altcoins, naturally. A few days ago I made a post on why I believe the corrective phase is over, and why we're likely in the beginning of the new impulse wave up. 👇
It's important to note that this impulse wave is potentially another multi month playout . But with patience, and courage, it can be a rewarding upcoming few months.
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KUCOIN:DOGEUSDT
Dogecoin (DOGE): is rally possible?Dogecoin (DOGE) formed a falling wedge pattern and was on the verge of a bullish breakoutfrom it. Another analysis perspective showed that the breakout has already occurred.
In either case, the price has stalled over the past week and wiped out some of the earlier gains.
Despite that, it maintained the bullish market structure on the 1-day chart. Things were not as simple, and the bulls had significant challenges ahead.
The market structure was still bullish after the structure break earlier this month. Since then, the meme coin has not formed a lower low. The RSI was also above neutral 50, although just barely.
Together they showed that the bulls still have a chance of pushing prices higher.
However, the trading volume has been very low throughout July. Even when the prices started climbing higher halfway through the month, bullish conviction was hard to come by.
The OBV reflected this fact with a tepid bounce in July, and over the past few days has resumed its slump.
The 90-day MVRV ratio showed DOGE was undervalued despite the recent bounce. This was encouraging as it reduced the likelihood of a wave of selling from profit-takers.
Whale selling combined with a lack of trading volume meant that the chances of a strong rally were slim.
A Bitcoin (BTC) pullback can impact sentiment more in these conditions, especially since the BTC-DOGE correlation stood at +0.95.
DOGECOIN ( IN THE SENSITIVE AREA ) (4H)DOGECOIN
HELLO TRADERS
Market Performance :
- Volatility: Like most cryptocurrencies, Dogecoin is highly volatile. Its price can fluctuate significantly based on market sentiment, social media trends, and endorsements.
- Market Cap: Despite its origins as a joke, Dogecoin has a substantial market cap and is one of the top cryptocurrencies by market capitalization.
Tendency , the price inside sensitive area between 0.13 & 0.12 .
TURNING LEVEL (1) : the price of this level at 0.13 , so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 0.12 , so if the price breaking this level reach a support level (1) .
RESISTANCE LEVEL (1) : this level around 0.14 , for reach this resistance level the price need breaking a turning level (1) .
RESISTANCE LEVEL (2) : around 0.16 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 0.11, for reach this support level the price need breaking a turning level (2) .
SUPPORT LEVEL (2) : support level at 0.09 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : currently price 0.12 , have two scenario , first corrective 0.13, before dropping to touch a o.12 , then 0.11 , second corrective 0.12 to reach a 0.13 , then breaking this level reach a resistance level (1).
TARGET LEVEL :
RESISTANCE LEVEL : 0.13 , 0.16 ,
SUPPORT LEVEL : 0.11 , 0.09 .