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Dogeusdt

Rebound or Breakdown?Dogecoin is exhibiting a downward trend within a well-defined descending channel, bounded by dynamic resistance and support lines. This channel formation highlights key levels for potential trend reversals and continuation. The price has reached the lower Bollinger Band, which often acts as an area of potential support. This proximity to the lower band could indicate a potential oversold state, warranting attention for a bullish reversal signal. Trading volume stands at 27.3 million, which is critical to validate any potential trend reversal. An increase in volume, particularly on upward price movements, would suggest strengthening of the market's bullish sentiment. The current price is trailing below the SMA value of $0.14735, suggesting that bearish momentum is prevailing in the short-term view. The MACD line is below the signal line with a negative histogram value, but the convergence of these lines may be indicative of waning bearish momentum. The %K and %D lines are in the oversold region, which can precede a potential price reversal if buyers enter the market. With an RSI figure nearing the oversold threshold at 32, there's room to anticipate a bullish reversal should the market sentiment pivot. The immediate support level is at the ascending dynamic support line, approximately around $0.14. Conversely, the dynamic resistance line and upper Bollinger Band near $0.158 are likely to act as the immediate resistance levels. Traders should monitor for bullish reversal patterns as the price tests the lower Bollinger Band and other oversold conditions. A confirmation of trend reversal would ideally be accompanied by an increase in trading volume. For those looking to take advantage of a potential bullish scenario, entry points may present themselves upon a decisive breakout from current levels. Keep in mind that any upward movement will face resistance at the upper levels defined by the descending channel. While the current bias remains bearish due to the price action within the descending channel, indicators such as RSI and Stochastic Oscillator suggest a potential shift in momentum. Caution should be exercised as the market decides its next move at these critical support levels.
by MonoCoinSignal
DOGE - $0.30 Next Target, Elliot Waves📉Hi Traders, Investors and Speculators of Charts📈 Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here): The DOGE fractal I've been following has played out extremely well, and so I will continue to follow this fractal: Since we have now completed Elliot Wave 2-3, we are seeing the corrective phase of 3-4. This means we have yet another impulse wave upwards to look forward to after the correction is completed. Fibonacci Ratio is useful to measure the target of a wave’s move within an Elliott Wave structure. Different waves in an Elliott Wave structure relates to one another with Fibonacci Ratio. Fibonacci Ratio Relationship • Wave 2 is 50%, 61.8%, 76.4%, or 85.4% of wave 1 • Wave 3 is 161.8%, 200%, 261.8%, or 323.6% of wave 1-2 • Wave 4 is 14.6%, 23.6%, or 38.2% of wave 3 but no more than 50% • There are three different ways to measure wave 5. First, wave 5 is inverse 123.6 – 161.8% retracement of wave 4. Second, wave 5 is equal to wave 1. Third, wave 5 is 61.8% of wave 1-3 Therefore, if wave 3-4 does not retrace beyond wave 1 our next target price is around 0.33: The GOOD NEWS though, is that this could very well be a small part of a MARO cycle. I've previously explained that Elliot Waves can be like branches of broccoli - each wave makes up a part of a smaller or bigger wave, including ABC corrective waves in each impulse wave, as demonstrated by the front page chart. Previous DOGE idea where we first look at the fractal: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:DOGEUSDT
Long
by CryptoCheck-
5
DOGEUSD | ABC Wave Cup Pattern - Target Projection +120%A potential ABC - Cup pattern formation scenario TFW - current multiple falsebreak below 161.8% extension - a sideway / sideway down movement implication > RSI convergence signal supporting wave 3 status > Projecting wave 4 at rounding cup support level, possible 20 week moving average and 100% fibonacci support zone. > Targeting wave 5 at 361.8% fibonacci extension of A wave at the key liquidity resistance level + 120% profit. Always trade with affordable risk and respect your stoploss Goodluck
COINBASE:DOGEUSDLong
by dukeposh
1
Hold on DOGE, BTC going down!So… BTC is way over bought on lots of time frames, and is looking like a move down is inevitable. Oh… and didnt the Halving just happen? Isnt that supposed to make BTC go to the moon???? oh wait… i remember the last having…. Buy the rumor sell the news! Im bearish AF on BTC. Oh.. and I LOVE DOGE…. Heck, its the one coin that assimilates to man’s best friend… Dog’s show us unconditional love. Let’s do the same fo DOGE coin, and sure, the bearish pressure on BTC will result in people selling and moving to DOGE. Sit, Stay, Good Boy!
INDEX:BTCUSDLong
by DHLawrence
DOGE/USDT Trading ScenarioBelow is a scenario for the price movement of DOGE. After an impulsive rise in the price chart from $0.08418 to $0.22721, which amounted to more than a 171% increase, resistance formed at the level of $0.22721. Under this level, the asset is trading on increased volumes. Currently, the asset is trading at $0.16156, exceeding the Point of Control level that the price chart falsely broke through. Yet the price continues to hold above it. We can expect continued interest from traders and movement towards the resistance level at $0.22721. If the resistance level is overcome and maintained above, we can expect further growth.
by Rick_SimpleSwap
Decentralization-- DOGEAltcoin temporarily halted its decline as BTC began to rebound, but many tokens are still below their prices half a month ago. Among all tokens, we discovered an interesting phenomenon. As a meme coin, DOGE's performance in April was stronger than most other tokens, close to BTC. As we all know, meme coin is not supported by the any protocols, but more by the consensus of the community. So when this happens, we guess that as an early meme and has reached the total supply, DOGE’s attributes are close to BTC. Relatively pure utility and high decentralization bring about price following for BTC. Judging from the indicators, DOGE has adjusted for three months after experiencing the first round of gains. And like most memes on the market, it started to rise again at the end of February. Just as the TSB indicator prompted a BUY signal on February 21, DOGE started a bull trend. During the rise, DOGE remained above the wavy zone, and bulls strengthened when the bar touched the key wavy line. DOGE currently continues to maintain a bullish trend. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
Honestly, I don't feel like explaining because the chart says itHi. BINANCE:DOGEUSDT DOGE is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. ✅ Due to the Ascending structure of the chart... 🟢 DOGE has been Bullish Recently! 🟢 The odds of another Bullish Movement is High! 🟢 Ascending Triangle is Visible on The chart! 🟢 No break out yet! ✨Targets are: 🎯$0.16830 🎯$0.01740 🎯$0.18000 🎯$0.18570 🎯$0.19130 🎯$0.19903 ❗ Note that if the Triangle is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
by CobraVanguard
4
DOGE - Higher lows, and off we go!Hello! Consistent higher lows over the past 4 days.. that feels bullish! Looking for a retest of resistance around $.20…. And then the fun starts! Let’s go DOGE! Oh… dont mind BTC going over the edge of a cliff on the bottom right…. That should result in a massive move over to the coin of LOVE (doge) as everyone realizes the “buy the rumor, sell the news” applies to BTC halving, and the Blackrock ETF news… So im ready for a massive correction in BTC, an the prophecy says that will yield a tidal wave of crypto traders moving to DOGE.
GEMINI:DOGEUSDLong
by DHLawrence
7
💎 DogeCoin (DOGE) - New Investment Opportunities ! LONG ?By checking the #DogeCoin chart in the weekly time frame (logarithmic), we see that the price is trading in the range of $0.15 and the demand ranges in front of the price are $0.075 to $0.092 and $0.122 to $0.15! If the upward trend continues, the price targets are $0.229, $0.35, $0.374, and $0.75, respectively! The expected yield of this cryptocurrency in the long term is above 300%! 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
Long
by ArmanShabanTrading
16
#DOGEUSDT: 03/04/2024Dear Traders, Welcome back hope you all had great holidays. BINANCE:DOGEUSDT possible downtrend to continue; we have seen crypto rally in recent time, and we may see some correction in the market. Smart entry would be when price fill the liquidity void area, that is where we can take sell entry. Remember, cryptocurrencies remain too volatile compare to forex. So if you are new then please use proper risk management and have a enough knowledge before you take any positions.
Short
by Setupsfx_
17
DOGE Building Pressure To MoonMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here Even tho the bull market is here DOGE has not fully mooned yet there is still time to buy on DIPS . The ALTCOIN market has just hit a critical level in this bullish structure and dips are buys, when these dips happen DOGE can start its move higher . This needs to be watched carefully. DOGE To The MOON Please watch the video for more information
Long
by MartyBoots
7
Doge path to $.24Hello, This is the view of Doge today... showing a fresh bullish and bearish forecast on the 99 minute candle. Depending where we start counting our wave from the first or second peak, we could be at teh bottom, and would follow the purple trace up now, or we could be at the mid level and need one more move down before the next bullish motive wave. this is from my understanding and observations of the movements that Elliot appears to be describing in his wave counts. the inherent structure of the head and shoulder, made level reversal diaganol, and then inverse head and shoulders, being the subset fractal to every leg of a lager version of this pattern. { / } \ { / } \ { see how that whole patter makes a { that is our fractal... and its in 3D like a perspective drawing... tiniest amplitudes in the back. the vanishing point being the reversal. Anyhow, I do love DOGE, and am excited for its potential as a tribe built on love... thats the only difference I see between any of the coins... all digital nonsense... and then everyone jus loves this one.... hmmm. love, not fear is the future fro humanity. let's go DOGE!
COINBASE:DOGEUSDLong
by DHLawrence
6
Doge $Doge #Doge Doge on the daily is fighting and losing to the SMA50,it is below the SMA9 as well as the EMA20. It is falling off on volume as well as momentum and the BEARS are stepping back in. For the last 2 days it's been a perfect short if you just short from the SMA50. We still have a sell signal which never retreated regardless of this recent bounce. WE have decent support in the $0.11-$0.12 range/levels marked out. This level also coincides with the top from 12/6/22 as well as the bottom support from recent 3/19/24 dip. Below that we should find much greater support at $0.10 level which also gains further support from the SMA180 as well as the top from December 6th-9th of 2023. On the weekly we get a slighter different picture with us getting rejection on the weekly from the SMA9 but finding trend support around the EMA20. Even with an aggressive decline in the overall markets short of a true black swan event i do not see us breaking and staying below that level. Should this change, I will update as /when needed. For now, I would just focus on these levels for the entries and exits to play. If you ever wanted to follow early to accounts that stay in the game and up with what's going on and wish you made an appearance with them prior to them being bigger followings etc. this is a great opportunity lol with me, my larger OG account I've spent the last several years and all throughout the bear building was killed by X and now I'm starting over from scratch. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
COINBASE:DOGEUSD
by rarebreed29
Dogecoin DOGE price is now at critical point, where to go next ?Today we'll talk about "the first of the memecoin family" - #Dogecoin The first thing I remembered is an article in January 2018 with the creator of CRYPTOCAP:DOGE , where he said that he was shocked that the capitalization of the coin he created as a joke in 2014 reached a capitalization of $2 billion. Moreover, in 2017, we personally often used Doge to transfer funds, because transactions took 5 minutes for a ridiculous fee. Now it's the norm, but in 2017, ERC-20 transactions were popular for $15-20 commission, but the transaction could take from a couple of hours to a couple of days, could easily get lost, and you had to write to the exchange support: where is the money?) That's a little nostalgia to make the oldies shed a tear :) In 2021, when a "pro at manipulating and pumping projects" got involved, Dogecoin's capitalization reached 90 billion and at the same time Doge had a "large community of holders" who bought at the highs. And as a result, they have been sitting in a drawdown for 3 years... But!!! There is a ray of hope and a chance that the price of #DOGEUSDT will reach $0.41 Not soon, and before that, there is still a chance to correct to $0.1, because now the DOGEUSD price has stuck to a strong mirror level, which is difficult to break through at first. By the way, we wrote publicly in mid-2023 about Doge that "someone buying it" and its pump still coming, with a forecast for a pump in Q2 2024 :) Read it if you are interested. Since then, the price of Doge has made a good x3. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
13