Dogeusdt
Dogecoin's Resurgence: A 5-Month High Amidst Market Bullishness
Dogecoin (DOGE), the meme coin with a loyal following, has experienced a significant surge in price, reaching a five-month high of $0.168. This bullish momentum aligns with the broader cryptocurrency market's upward trend, fueled by various factors including increasing institutional adoption, positive regulatory developments, and growing interest from retail investors.
The Factors Driving Dogecoin's Rise
1. Market-Wide Bullishness: The cryptocurrency market has been experiencing a period of sustained growth, with many digital assets witnessing substantial price increases. Dogecoin, as a popular and well-known meme coin, has naturally benefited from this broader market trend.
2. Increased Exchange Inflows: A notable factor contributing to Dogecoin's price surge is the increase in exchange inflows. As more investors and traders buy and hold DOGE, the demand for the coin rises, leading to higher prices. This influx of capital into exchanges can be seen as a positive indicator of market sentiment.
3. Strong Community Support: Dogecoin's vibrant and dedicated community has played a crucial role in its success. The community's enthusiasm and active participation in various online forums and social media platforms have helped to maintain interest in the coin and drive its price.
4. Potential for Future Utility: While Dogecoin began as a joke cryptocurrency, it has evolved to become a legitimate digital asset with potential real-world use cases. As the cryptocurrency industry continues to mature, Dogecoin may find new applications, such as payments and tipping, which could further boost its value.
5. Technical Analysis: A Bullish Outlook From a technical analysis perspective, Dogecoin's recent price action suggests a strong bullish trend. The coin has broken above key resistance levels, indicating that buyers are in control. If the current momentum persists, Dogecoin could potentially reach even higher price targets.
However, it is important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Investors should conduct thorough research and consider their risk tolerance before investing in Dogecoin or any other cryptocurrency.
Conclusion Dogecoin's recent price surge to a five-month high highlights the unpredictable nature of the cryptocurrency market. While the meme coin's future remains uncertain, its strong community support, increased exchange inflows, and alignment with the broader market's bullish sentiment have contributed to its recent success. As the cryptocurrency industry continues to evolve, it will be interesting to see how Dogecoin adapts and whether it can sustain its upward momentum.
Little Doge- First i am not a fan of Memes Coins, but i hodl some from few years.
- i started with few bucks.
- Remember prices are just what peoples believe in.
- A good exemple is Gold, anyone can eat Gold, but peoples buy it because they believe in it.
- Peoples believe in Elon Musk Tweets or change Twitter logo.. then Doge up!
- i just believe he's an opportunist, but a great businessman.
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- so let's do some quick Maths :
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- if you bought 1000$ of Doge in 2015 Bottom.
- you could have made : 888000%+
- Sold Doge at ATH you could have made : 8,800,000$+ (yep...)
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- if you bought 1000$ of Doge in 2019 Bottom (excluding Covid19 Dip)
- you could have made : 34000%+
- Sold Doge at ATH you could have made : 340,000$+
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- if you bought 1000$ of Doge in 2022 Bottom.
- you will possibly make : 10000% (potentially 5$)
- Selling Doge at the good time (ATH), you will possibly make : 100,000$
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- To conclude, you will never make the same money as peoples did some years ago, but you still have some opportunities to make great money.
- Some peoples will FUD about Doge, but i am 100% convinced that they didn't buy it in 2015...
- Don't forget Cryptos are risky. invest only what you can afford to lose.
- More you are gambling in "crazy projects", more you are taking risks, more you could be strongly rewarded, or lose everything!
- " The biggest risk in life is not taking any risk "
Happy Tr4Ding !
The key is whether there is support near 0.15330
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(DOGEUSDT.P 1W chart)
If the price has risen sharply but you have not been able to start trading, it is recommended to check what kind of movement is shown near the support and resistance points and then start trading.
Accordingly, it is recommended to check whether there is support near 0.15330.
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(1D chart)
If it continues to rise like this, it is expected that the StochRSI indicator will rise to around 50 when it rises to the 0.16625-0.18218 range.
Accordingly, there is a high possibility of volatility, so I think you can start trading depending on which direction it deviates from the 0.16625-0.18218 range.
Since it rose above the upper part of the parallel channel, it is likely to show a tendency to return to the channel over time, so I think it would be good to check for support around 0.15330 and decide whether to start trading.
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(1h chart)
1st: Touch the Standard Error line and see what movement it will show,
2nd: Touch around 0.15330 and rise along the channel,
3rd: Touch the 5EMA of the 1D chart and see what movement it will show,
I think it's not too late to start trading after checking what it looks like in the 1st-3rd above.
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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DOGE ANALYSIS🌸#DOGE Analysis : Bullish Trend 🚀🚀
🚀As we can see that #DOGE was making higher highs and higher lows. But finally we can see a breakout of flag and pole pattern. It indicates a bullish trend. 💲💲
🔖 Current Price: $0.14420
⏳️ Target Price: $0.17390
⁉️ What to do?
- We can trade according to the #DOGE chart and make some profits. Keep your eyes on chart price action, observe trading volume. Always observe market sentiments and update yourself everyday.🔰🔰
#DOGE #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
DOGE - Watch These 3 BULLISH SIGNSDOGE has given us THREE very bullish indications:
- Successful W-Bottom Pattern in the Daily
- Higher lows
Doge is also one of few alts that has been gradually making HIGHER HIGHS. This shows that the buyers have been driving the price up constantly.
Furthermore, the daily price has reclaimed and CLOSED candles above the 200d moving averages; another strong bullish sign:
With the current momentum and buying pressure showing up, it seems likely that DOGE will smash right through the next resistance zone as pointed out. (That is, naturally, IF BTC remains stable over the weekend).
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BINANCE:DOGEUSDT
Dogecoin Analysis==>>Bat Harmonic Pattern!!!Today, I want to analyze the Dogecoin(DOGE) project for you.
On-chain analysis shows that Dogecoin has seen rising active addresses and transaction volumes, reflecting growing adoption. While Dogecoin has faced price volatility, investors remain optimistic about its future as a lightweight and fast transactional currency.
Regarding Technical Analysis , Dogecoi n is moving near the upper line of the symmetrical triangle , Potential Reversal Zone (PRZ) , Resistance lines and 200_SMA(Daily) . So, Dogecoin faces some resistance.
Also, Dogecoin(DOGE) was able to make a Bearish Bat Harmonic Pattern .
I expect Dogecoin will fall to $0.119(at least/-10%) .
Dogecoin Analyze ( BINANCE:DOGEUSDT ), Daily time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Dogecoin - This Leads To Two Digits!Dogecoin ( CRYPTO:DOGEUSD ) will hit two digits soon:
Click chart above to see the detailed analysis👆🏻
It is the third time that Dogecoin is creating the same pattern. A couple of months ago Dogecoin broke out of a symmetrical triangle pattern and is now retesting previous horizontal structure. After we see bullish confirmation on the smaller timeframes, the next parabolic rally will start.
Levels to watch: $0,12
Keep your long term vision,
Philip (BasicTrading)
DOGE price aims at 20% upswing this month and could reach $0.14The DOGE price triggered a strong rebound from the interim lows at around $0.105 and is heading to test the September highs above $0.127. The token has displayed huge strength and hence is rising in the times when the other memecoins are stuck under extreme bearish influence.
A popular crypto analyst, ALI, projects the next price action for the Dogecoin price rally, which appears to have reached the lower support of the multi-year channel. Therefore, the price is expected to consolidate along the support of the channel, which may lead to a healthy ascending trend, which could elevate the levels beyond the $1 milestone. However, the chart suggests it could be the start, as the real target could be a two-digit figure.
Recently, data revealed that Dogecoin has the highest number of short-term holders. It suggests that the traders are still not sure of the long-term price action and hence may take out minor profits, which could be not in favour of a consolidated ascending trend. Therefore, the possibility of bearish interference may not be eliminated, as the bulls do not appear to be strong enough for a sustained upswing.
Dogecoin Revival: The Meme Coin Market is Heating Up Again!CRYPTOCAP:DOGE looks really good here. For the first time since the March highs, it seems like there’s life in the market.
Many of the new meme coins have been surging extensively, like $ANDY, MYX:TURBO , $POPCAT, and whatever cat or frog coins you can think of.
It seems like the time for doggy coins is approaching once again. I’m betting on some of the Solana ecosystem as they tend to go much higher, but it’s always good to have CRYPTOCAP:DOGE as a barometer for anticipating trends.
SEED_DONKEYDAN_MARKET_CAP:BONK and CRYPTOCAP:SHIB are also showing similar patterns.
Dogecoin 15-Minute Time Frame – Triangle Pattern AnalysisOn the 15-minute chart, we have a triangle pattern forming for Dogecoin, but we haven't broken out yet. If we can break the blue trendline and the pink resistance, my target will be the next resistance level in the pink zone.
Strategy: I’ll be monitoring the price action closely for a breakout. If it occurs, I will look to position myself towards that next resistance.
DOGE - Dictated by Market SentimentNormal price setup is approaching a key level.
The yearly level needs to hold, or things could quickly turn bearish. I remain cautiously optimistic because this level presents a pivotal opportunity and is the lowest-risk entry available.
I'm not entering the trade right now as I’m risk-averse at the moment. It could be an optimal play, but #Bitcoin is still weaker than I’d like it to be.
This chart represents about 90% of what the Altcoin market looks like. If you’re overexposed, be prepared to act quickly or have hedges in place in case the situation flips.
Let's wait for the weekly close before making any moves on this and the rest of the Altcoins.
$DOGE range strategy for 3000% runthe best place to buy doge has always been in the lower half of the breakout range (s/r flip) targeting the diag channel upper sell zone.
each low has been marked by sweeping the previous low within the diag buy zone.
in other words lower half range + buy zone = good buy
and breaking above previous range into sell zone = good sell
its a very easy strategy for opportunistic buying and selling.
DOGE NEXT MOVEDOGE/USDT very easy chart to understand as liquidity trader. Simple it has created liquidity which I have marked as SSL. And below that SSL is strong bullish DEMAND ZONE. I am expecting price to go up little bit from current price and then down to demand zone where I will plan my long position and Spot buying.
DOGE : The prospect of increasing?As you can see, DOGE has created an ascending Triangle and is also located in the falling wedge, which means that if it breaks, we expect the price to reach the target (AB=CD).
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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!!
DOGEUSDT Short Trade IdeaI'm tempted to take this trade here. Looking for DOGE to retest the previous highs from the top.
It's risky, but I like the risk/reward here. At this point, BTC seems to me struggling for a direction due to low volume, so I'm betting on a downward move over the weekend. Just going with what my gut says.
Depending on how the price moves, I'm planning to trim early if needed.
Entry: 0.12215
SL: 0.12905
TP1: 0.11108
TP2: 0.09989
TP3: 0.09275
Good luck and Happy trading!