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Dogeusdtlong

DOGE wait for breakThe Doge/USDT pair on the 1-hour chart has broken out from a symmetrical triangle, indicating a potential bullish trend 📈. Analysis: - Entry: Between 0.10558 and 0.10663 could be a good buy zone 🎯. - Take Profit (TP): Target is set at 0.11238 to 0.11242, a key resistance level. Watch for potential reaction at this level 🏁. - Stop Loss (SL): Placed around 0.10267. If this level breaks, it's best to exit to avoid further losses 🛑. Key Points: - Risk to Reward: The risk/reward ratio is favorable, offering a solid profit potential 💼. - Continued Move: If the price breaks above 0.10798 and holds, the probability of reaching the target increases 📊. Signal: - Buy (Long) between 0.10558 with a target of 0.11238 and a stop loss at 0.10267 🚀.
Long
by ahmadarz
3
Dogecoin (DOGE) rally is possible?Dogecoin (DOGE) price correction from last week’s peak triggered a spike in long position liquidations, with traders losing $1.48 million against only $55.85k short positions liquidations. The downtrend implies that DOGE is back to where it was on Friday amid increasing chances of extended correction. Dogecoin price sits below the 20-day Exponential Moving Average (EMA) after failing to break above the 50-day EMA resistance at $0.1127. Sellers have the upper hand at the moment motivated by the Relative Strength Index (RSI) retracement in the neutral region to 45. Should the RSI drop toward the oversold region, DOGE will overshoot short-term support at $0.1, advancing to seek liquidity at $0.1. Dogecoin price prediction suggests that as long support at $0.1 holds, a trend reversal is highly likely. Moreover, the falling wedge in the daily range promises a 71.5% breakout to $0.18 if validated. A falling wedge is a bullish reversal pattern validated by a breach of the trend line resistance. Traders will place buy orders above the breakout point and set the stop loss below the trend line. A rapid increase in trading volume will add credence DOGE price uptrend.
Long
by paul_endeo
1
With break patternHere is an analysis of the Dogecoin (DOGE/USDT) chart📊 Key Levels: 1. Support Base : Around 0.09371 USDT , this area acts as a significant support where the price has previously bounced back. 🛡️ 2. Resistance Levels : - The chart shows 0.10791 USDT (marked as TP-2) acting as a resistance point, which has been tested several times. ⚔️ - Higher target levels (TP-3 at 0.11360 and TP-4 at 0.12016) indicate potential for bullish movement if the price continues upward. 📈 Pattern: - Again Pattern : The chart highlights an "again pattern," suggesting a potential repeating price structure near the 0.10791 USDT resistance zone. This could be a reversal or rejection point. 🔄 - Trendlines : A downtrend is drawn from the top near the resistance, connecting lower highs, making it a critical point to watch for a breakout. 📉 - Consolidation : Price seems to be consolidating near the trendline, which typically indicates a potential breakout. 🔍 Potential Strategy: - Entry Point : Current price around 0.10223 USDT shows consolidation near a key trendline. A breakout above this trendline could signal a bullish move. 🚀 - Risk/Reward : The suggested "Save profit in R/R=2" indicates a risk-to-reward ratio of 2:1, targeting higher levels (TP-1: 0.10541, TP-2: 0.10791). 💰 - Stop Loss : The red zone around 0.10059 USDT indicates a stop-loss area, below the current consolidation, protecting against downside risks if the price fails to break out. ❌ Conclusion: This chart presents a bullish outlook if Dogecoin breaks above the trendline. A potential breakout could lead to targets near 0.10791 USDT or higher. However, caution is necessary if the price drops below the 0.10059 USDT stop-loss level. ⚖️ --- 📊 Analysis by AhmadArz 🔍 Entry : 0.1035 🛑 Stop Loss : 0.1005 🎯 Take Profit : 0.1054, 0.1077, 0.1136, 0.1201, 0.1260 --- 🔗 "Uncover new opportunities in the world of cryptocurrencies with AhmadArz." 💡 Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets. 🚀 Please boost and 💬 comment to share your thoughts with us!
Long
by ahmadarz
#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
Long
by CryptoAnalystSignal
1
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. ___________________________ KUCOIN:DOGEUSDT
Long
by CryptoCheck-
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. 📊💡
Long
by ahmadarz
2
DOGE → Fall to $0.10! Are We Heading Back to $0.30? Let's AnswerSince my April 13th update, DOGE has fallen into a pullback, as expected. We found resistance at $0.225 and then pulled back in two strong legs. Should we be bearish or bullish on DOGE? How do we trade this? 🤔 As expected, DOGE found resistance at the 2021 resistance area of below $0.29 after three strong pushes up followed by a head and shoulders reversal pattern on the Daily chart. That reversal pattern played out into a two-legged pullback, leaving us near the Weekly 200EMA support at around $0.10. I think we can expect to continue testing this support area for a while. I do not believe we will break and hold below $0.10. I would not enter a long just yet. What we need now is two or three tests of the Weekly 200EMA support area around $0.10, forming a double-bottom or reverse head and shoulders pattern. A good strong bull signal candle followed by a confirmation candle is the signal we need to enter a long position, taking half profits at 1:1 Risk/Reward, moving the stop loss up to the entry price, then swinging the latter half of the position to 1:3 Risk/Reward. We also need to watch Bitcoin's sentiment as the price action plays out. I expect Bitcoin will fall into a two-legged pullback to around $40,000-$45,000, which should take the alt market down with it, either keeping it in a trading range or bringing it to lower lows. Until Bitcoin's sentiment shows a clear bull signal after a likely pullback, it's one more indicator we should allow to play out before getting long in DOGE. A final point of data is the RSI low and below the moving average of around 43.00, which could remain in this area for some time. This indicates we should be looking for long entries, but should wait for the price action to guide us. 💡 Trade Idea 💡 Long Entry: $0.10975 🟥 Stop Loss: $0.07210 ✅ Take Profit #1: $0.14725 ✅ Take Profit #2: $0.22275 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Three legs up toward a resistance zone after a breakout 2. Head and Shoulders reversal pattern 3. Two-legged pullback to Weekly 200EMA Support 4. Wait for a double-bottom followed by a strong signal and confirmation candles 5. RSI at 43.00 and below the moving average. Supports waiting for a long entry. 💰 Trading Tip 💰 Ascending Wedges signal an increased probability of a bear breakout. Combined with three pushes up in a bull trend and strong sell bars (candles with large wicks on their tops), creates conditions where a counter-trend trade is reasonable. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Long
by TraderEngineering
1
#DOGE/USDT#DOGE The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern We have a bounce from a major support area in the color EUR at 0.1122 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it Entry price is 0.1188 The first target is 0.1388 The second goal is 0.1511 The third goal is 0.1648
Long
by CryptoAnalystSignal
HOW CAN YOU BE BEARISH?? DOGEWhen you are in doubt, zoom out. Always. You need to have a plan and here the plan is simple: buy the dip and hold. Dogecoin is NOT BEARISH and will not drop to new lows. As you can see, chart is clear. One year bearish phase, followed by two years accumulation phase. We have just come out from the bearish phase and we have around 10 months of bulls. We will probably see new ATH before 10 months, and if you are bearish, please, just scalp like I do sometimes
Long
by SaliJournal
2
Dogecoin (DOGE) Technical Analysis and Trade IdeaDuring the recent rally, Dogecoin (DOGE) exhibited significant bullish momentum. In our video analysis, we explore a potential buy opportunity, provided that price action aligns with our entry criteria. Let’s closely examine the 1-hour chart: Market Structure Breakout: The previous bearish trend has been disrupted by a bullish breakout in market structure. Long Bias: While my bias leans toward a long position, it remains contingent on price action developments retracing into my Fibonacci zone, as outlined in the video. Please keep in mind that this content is for informational purposes only and does not constitute financial advice. Make independent trading decisions based on your risk management strategy. 🚀📈
Long
by fxtraderanthony
2
DOGEUSD Bullish Side Robbery PlanMy Dear Robbers / Traders, This is our master plan to Heist DOGEUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, 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, 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. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
COINBASE:DOGEUSDLong
by Thief_Trader
2