Dogeusdtidea
DOGE Holding Trendline Support – Another Rally Incoming?$DOGE/USDT is currently holding support at the rising trendline, which has historically led to strong upward moves. Every time the Stochastic RSI formed a bullish crossover near this trendline, the price experienced a significant bullish rally.
The Stoch RSI is currently in the oversold zone, similar to previous points where major uptrends started. If history repeats, DOGE could be gearing up for another strong move.
DYOR, NFA
DOGEUSDT 4DDOGE ~ 4D Analysis
#DOGE Time frime 4D forms a bullish flag pattern. Buy gradually from this support block with a minimum target of 20%+.
DOGEUSDT 1DDOGE ~ 1D
#DOGE Buy gradually inside this bullish pattern,. it is only a matter of time that this resistance line is successfully broken. minimum target 15%++
DOGEUSDT 1WDOGE Update ~ 1W
#DOGE So far it still maintains its Bullish structure,. This is wave 2 of the Eliot Wave pattern. Buy gradually within this support block with a minimum target of 20+
DOGE risks falling below $0.20: analysisDogecoin (DOGE) price has dropped over 30% from its yearly high of $0.48 earlier this month. This decline is linked to multiple bearish signals, increasing the likelihood of further price decreases.
As the year draws to a close and bearish pressure mounts, technical indicators point to a further decline in DOGE’s price, possibly slipping below $0.20. Here is why.
A “Death Cross” pattern has been formed on the DOGE/USD one-day chart. This is a bearish pattern that is formed when an asset’s short-term moving average (often the 50-day moving average) crosses below its long-term moving average (commonly the 200-day moving average), suggesting a shift in market sentiment from positive to negative.
Readings from the DOGE/USD chart showed that DOGE’s 50-day MA crossed below its 200-day MA on December 18, and the meme coin’s price has since plummeted by 20%. This crossover is a bearish signal, suggesting a weakening trend, with recent price declines outweighing long-term price gains.
Currently, DOGE is trading below the resistance at $0.33. Persistent spikes in selling pressure at this level could drive its price down to the support at $0.28.
Should this support fail, DOGE’s next key level lies at $0.23. If bulls cannot defend this level, the meme coin could slip below the $0.20 zone, potentially reaching $0.17.
On the other hand, a successful breach of the $0.33 resistance level could propel DOGE towards its yearly peak of $0.48.
DOGEUSDT shortWe have a nice rejection down breakout out from a nice support , giving us a nice fvg on the m30 , i will potentialy look for a sell to 0.1000 😁
DOGEUSDT UpdateDOGE ~ Update
#DOGE Our purchase was fulfilled, We will continue to make purchases in this demand zone 💰
DOGEUSDT 3DDOGE ~ 3D
#DOGE Resistance that continues to be retested will get weaker.
We will start buying gradually inside this pattern.
#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
DOGEUSDT 1WDOGE ~ 1W
#DOGE If the price revisits this support Block. buy it, this is not a bad price to start accumulation.
DOGEUSDT 5DDOGE ~ 5D
#DOGE It looks like CRYPTOCAP:DOGE has finished its decline.
Start accumulating on this support block with small purchases. short term target of at least 10%+
#DOGEUSDT: Swing Buy Coming Up, Get Ready Dear Traders,
Price of Dogecoin has dropped similarly to the other crypto pairs, price is on the way to fill the void area and then we can see price reversal. Wait for price to drop a bit more than you can enter a buy entry, taking price to a new level.
DOGEUSD Bullish Side Robbery PlanMy Dear Robbers / Traders,
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Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted 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 it will update after the Breakouts.
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DOGEUSD 1DDOGE ~ 1D
#DOGE We found a bullish pattern for the 1D time frame on BINANCE:DOGEUSDT ,
Make purchases after breaking through the resistance line of this pattern or make purchases gradually within this pattern.
DOGEUSDTWe can slight divergence in RSI we can see a good movement in this trade as per consolidation.
DOGE/USDT - Bearish Outlook at Key Resistance ZoneKey Resistance Area:
DOGE/USDT has encountered a significant resistance area, coinciding with the formation of an XABCD harmonic pattern. This area is crucial as it aligns with the 4-hour trendline, indicating a strong barrier to further upward movement.
Bearish Expectations:
Given the confluence of resistance factors, we anticipate a bearish move from this point onward. The combination of the key resistance level, harmonic pattern formation, and alignment with the trendline suggests increased selling pressure in the near term.
Trade Recommendation:
- Entry: Consider entering short positions near 0.2024, aiming to capitalize on the anticipated bearish momentum.
- Stop Loss: Place a stop loss order near 0.2310 to limit potential losses in case of unexpected bullish movements.
- Take Profit Targets:
- TP-1: 0.1752
- TP-2: 0.1470
- TP-3: 0.1164
Conclusion:
Based on the technical analysis, a bearish outlook is favored for DOGE/USDT. Traders are advised to exercise caution and adhere to risk management strategies when executing trades within this volatile market environment.
DOGEUSD 1WDOGE ~ 1W 📈
#DOGE Return to this Rounding Bottom Pattern. We Will gradually make purchases back inside this Pattern zone. with a minimum target of 15%+
#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.
DOGEUSD 1WDOGE ~ 1W
#DOGE If CRYPTOCAP:DOGE Test this Support Level, it may be good enough to place gradual purchases here. This is wave 2 if we count the Elliot wave pattern.
DOGEUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
The minimum conditions for impulse have been completed, waiting for correction and continuation of growth.
Entry zone: 0.14 - 0.11
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
DYOR!
DOGEUSDT to visit weekly support before bounceWeekly resistance WR1 rejected the price on the last pump to 0.2 level. After that rejection price bounced but succumbed to the drop in BTC. Currently it is trading between weekly resistance WR1 and weekly support WS1. The price is likely to reach to weekly support WS1. This support is likely to provide the necessary momentum for the price to head up towards WR1.
DOGEUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
increased risk(dogshit token)
Entry: Market and lower
Targets: 0.11 - 0.13 - 0.15
Stop: under 0.068 (depending of ur risk).
RR: 1 to 4
ALWAYS follow ur RM.
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
