DOGE SPOT LONG IDEADOGE is showing a clear Double Bottom Pattern on Daily, results could take between 6-20 days if everything goes well. This is a trading idea to show you how the Technical Analysis works. Remember to always manage your risk.
Dogeusdt
Trade Setup: DOGE Long PositionMarket Context:
DOGE is reclaiming its range low after a change of character (CHOC).
It is setting a higher high and a higher low into the 21-day and 200-day EMAs.
The range low is being treated as invalidation if the price closes below this support level.
Trade Parameters:
Entry: Enter a trade around $0.129 to $0.13.
Take Profit:
First target: $0.157
Second target: $0.187
Third target: $0.22
Stop Loss: Set at a daily close below $0.115
📊 Monitor the price action around the 21-day and 200-day EMAs. Adjust your trade based on market conditions and be cautious of any signs of reversal or further downside. #DOGE #CryptoTrading #TradeSetup 🎯
DOGE/USD: Wyckoff Reaccumulation Schematic in PlayDOGE/USD appears to be following the Wyckoff reaccumulation schematic, a pattern that suggests a continuation of the uptrend after a period of consolidation. This phase often indicates strong hands accumulating more positions before the next leg up. Traders should watch for key signs such as increased volume on up moves, higher lows, and breakout above resistance levels to confirm the reaccumulation phase. If the pattern holds, DOGE/USD could be poised for significant gains as the reaccumulation process completes.
DOGE - DON'T MISS out on ALTSEASON 2.0 !Yesterday we took a look at altcoins that are strong currently - and today I'm adding another, DOGEUSDT.
✅ From a technical indicator perspective, Doge is ready to reclaim a key trendline, as the price is consolidating right under it (bullish). "Extremely Oversold" is usually a good place to buy:
✅ From a Chart Pattern perspective, we observe an inverse Head and Shoulders pattern forming, which is also bullish and confirms a direction reversal. Furthermore, a total of -60% has been retraced and this is prime time for a new upwards wave:
✅ From a trendline analysis, we have successfully reclaimed the neckline after closing daily candles ABOVE the old peak:
I conclude to say that according to the trend and all other signs - the price is short term and long term bullish from here.
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BINANCE:DOGEUSDT
#DOGEUSDT: Another Big Time Buying Chance! BINANCE:DOGEUSDT
Price has fallen to previous lowest low, indicating another reversal from the same area, however, please wait to witness some bullish behaviour to occur. After that, we can have a buy entry and target the previous Higher High. Our final target is 0.22.
Good Luck
DOGE: DO NOT MISS IT HERE!Hey everyone!
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DOGE looks good in the daily time frame. Breaks out from the bull flag-like pattern here and currently retesting the support trendline. Buy some here and add more in the dip.
Entry range:- $0.12-$0.13
Targets:- $0.173/$0.203/$0.274/$0.334
SL:- $0.1
What are your thoughts on DOGE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
DOGEUSDT IDEA WEEKLY TIMEFRAMEBINANCE:DOGEUSDT
I am watching a breakout on weekly timeframe that can lead us to 0.22
after this a new higher high can possibly take us to next resistance that is 0.34.
NOT A FINANCIAL ADVISE DYOR.
Doge 1000% gain incomingCRYPTOCAP:DOGE repeating historical behaviour
USD 1.60 incoming
My precognitive dream mentioned USD 2
Don't mind market cap, irrationality will beat it
Humans remain humans
Dogecoin (DOGE): brief analysisAmid increased bullish sentiment in the crypto market, the DOGE price has added 4.80% to its portfolio within the past day with a trading volume of $1.47 Billion. Further, it has surged 17.67% over the last seven days and has a YTD return of 53.76%.
The technical indicator, MACD, displays a constant rise in the green histogram, highlighting an increase in the buying-over-selling pressure in the crypto space. Further, the averages record a constant uptrend, suggesting that the DOGE coin price will continue gaining value this week.
If the market continues to gain momentum, the Dogecoin price will prepare to test its upper resistance level of $0.18225 in the coming time. Conversely, if a trend reversal occurs, the memecoin leader will plunge toward its low of $0.1010.
DOGE: R/2Price Action Analysis : DOGEUSDT
1. Trend Identification 📉➡️📈:
- Previous Downtrend: The chart initially shows a clear downtrend with lower highs and lower lows, starting from around 0.17000 USDT down to about 0.09300 USDT.
- Consolidation: After the significant drop, there is a period of consolidation between 0.09300 USDT and 0.12860 USDT, indicating indecision in the market.
2. Breakout 🚀:
- The price breaks out from the consolidation phase, moving upwards past the resistance level of 0.12860 USDT. This breakout suggests a potential reversal or at least a corrective move higher.
3. Support and Resistance Levels 🛑🟢:
- **Support**: Around **0.12860 USDT**, marked by a gray rectangle, indicating a zone where buyers previously stepped in and might do so again.
- Resistance:
- TP1 (0.13951 USDT): A minor resistance level where the price might face initial selling pressure.
- TP2 (0.15387 USDT): A significant resistance level aligning with previous highs, suggesting stronger selling pressure might be encountered here.
4. Key Price Zones 📊:
- Entry Zone: The price has recently moved into a potential buy zone around 0.12860 USDT, where previous resistance might turn into support.
- Stop Loss Level: Below the support zone at **0.11655 USDT**, to limit potential losses if the price reverses downward.
5. Candlestick Patterns🕯️:
- Recent bullish candlesticks indicate strong buying pressure. Look for patterns such as bullish engulfing, pin bars, or hammer candlesticks near the support zone around 0.12860 USDT to confirm entry points.
6. Market Structure 📈:
- Higher Highs and Higher Lows: The recent price action shows the formation of higher highs and higher lows, a characteristic of an uptrend. For instance, the price moved from 0.09300 USDT to 0.12860 USDT and then higher.
- Pullbacks: The price might pull back to the support zone around 0.12860 USDT before resuming its upward move, which is a typical behavior in trending markets.
Trading Strategy
- Entry Point:
- Enter a buy position near the support zone around 0.12860 USDT if the price shows bullish reversal patterns (e.g., pin bar, bullish engulfing) 📥.
- Stop Loss:
- Place a stop loss slightly below the recent low or the support zone at 0.11655 USDT to protect against downside risk 🚫.
- Take Profit:
- TP1: Set the first take profit target at 0.13951 USDT, where minor resistance is expected 🥇.
- TP2: Set the second take profit target at 0.15387 USDT, at a more significant resistance level 🥈.
Monitoring and Adjustments 🔄
- Price Action Signals: Continuously monitor the price action for signals of trend continuation or reversal. Look for strong bullish candlesticks at support (around 0.12860 USDT) and signs of weakening momentum (e.g., doji, bearish engulfing) near resistance (around 0.13951 USDT and 0.15387 USDT) 👀.
- Adjustments:
- Trailing Stop Loss: Once the price reaches TP1 at 0.13951 USDT, adjust the stop loss to breakeven or above to secure profits 🔒.
- Partial Profit Taking: Consider taking partial profits at TP1 (0.13951 USDT) and letting the remaining position run towards TP2 (0.15387 USDT) 🏁.
This strategy based solely on price action helps in making informed trading decisions without relying on external indicators. It focuses on observing and interpreting the market's behavior through candlestick formations, trend patterns, and key support/resistance levels. 📊💡
DOGE - March 2024Exciting Update Alert!
Patience pays off! Our last chart brought in massive profits, demonstrating the power of Spot trade and steadfast patience in navigating market FUD. Remember, charts never lie – they're our guiding lights in the tumultuous seas of trading.
Now, let's dive into the fresh projection on DOGE. By analyzing current support and resistance levels, we can strategically plan our moves to ride the chart's price action.
As traders, we don't predict markets; we simply hop on the train with the price action. It's all about mindset! If you missed out on my earlier DOGE chart when it was at the 8 cents zone, don't fret. Take a look now!
But let's shift our focus to the present. In this update, we'll pinpoint our entry and exit strategies. We have two potential entry points: one upon breaking out of the current resistance level, with a tight stop loss below it, and another at the next support level.
Remember to keep it simple, prioritize money management, and always have your stop-loss orders in place. Let's make these trades count!
DOGEUSD 14 Cent and then further -50% down in channelDOGE is in parallel Down Channel and huge rising Megaphone.
Most possibly 14 cent would be the next week high then bleeding to 7 Cent all over summer months
DOGEUSDT SellDOGE Bearish outlook. Consolidation between 0.1190 - 0.1280 is steel active. Bears first goal is to close H4 candle under 0.1275 level. Risk reward 1:3
DOGE/USDT ELLIOT PRICE ACTIONHi guys, this is my overview for DOGE/USDT, feel free to check it and write your feedback in the comments👊
Some days ago, the price entered a falling channel, where it at once broke $0.10 level and fell to the support line.
Next, the price bounced from this line and soon broke the $0.10 level again and made the false breakout with the Dragon Fly candlestick
Sometime later, the price traded near the $ 0.011 level, and a not long time ago broke it, after which rose to the resistance line of the channel.
Possibly, the price can Reach to a new high in about 100 days
If this post is useful to you, you can support me with a like/boost and advice in the comments❤️
DOGE is at a crucial decision point!
Dogecoin is in a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The price has reacted back after a false break of the head and shoulders formation. A significant penetration of 0.13 will again give new negative signals to the currency, while a break of the opposite side of the formation will be a strong positive signal. The currency is testing resistance at points 0.13. This could give a negative reaction, but an upward breakthrough of points 0.13 means a positive signal.
Are you bullish or bearish right now ?
DOGEUSDTFrom my previous post, i showed you that doge should go higher
this is the result... DOGE is bullish
i'll be posting more entries.
HAPPY TRADING Y'ALL
DOGE/USDT: POTENTIAL BULL FLAG PATTERN!Hey everyone!
If you enjoy this analysis, a thumbs up and follow would be greatly appreciated!
DOGE looks good here. Breaking out from the bull flag-like structure. Looks good for a long. Long some here and add more in the dip.
Targets:- $0.129/$1.37/$0.148
SL:- $0.12
Lev:- 5x-10x
DOGEUSDTDOGEUSDT
my thoughts:
DOGE should go higher if we stay above 0.116742.
so if i goes higher, my target is 0.128406
buy doge
DOGE has formed a Pretty Big falling wedge Pattern!...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!!
Watching for a clear break through now, huge profits incoming!I watching dogecoin now for a couple days, doge is ready to break through.
if this become thrue we see large profits
i set two TP on my chart
Long Doge coin - Ellliot waveGoing to long doge coin when it do a deep retrace , expecting 50%+ .
Limit order , tp and sl as it showing in the graph
DOGE ANALYSIS🔮 #DOGE Analysis - Breakout 🚀🚀
💲💲 In 12hr Timeframe,Falling Wedge Breakout is Done✅
But right now we can see that #DOGE is trading around its crucial resistance zone and if #DOGE breaks this resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.11880
📈Target Price -- $0.22075
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#DOGE #Cryptocurrency #Breakout #DYOR
DOGEUSD Dogecoin Bullish Money heist planMy Dear Robbers / Traders,
This is our master plan to Heist DOGEUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
