#DOGE\USDT#DOGE
The price is moving in a downward trend on a 1-hour frame.
The price is moving within it and is largely committed to it. We have a tendency to stabilize above Moving Average 100.
We have a downtrend on the RSI indicator that supports the rise and has been broken to the upside
Entry price is 0.1540
The first target is 0.1623
The second goal is 0.1773
the third goal is 0.1900
DOGEUSDTPERP
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.
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DOGECOIN DOGE price "shoots rarely" but accuratelyIf we look at the global history of DOGECOIN trading (and the coin has been around since 2014), you can see one interesting pattern.
At the end of 2017 , it was hugely pumping (for those times), and then the creators of DOGE wrote that they did not understand why their "joke coin" had a capitalization of several billion.
After that, the value of DOGEUSD dropped to the bottom and stayed there for more than 3 years.
Then, in the first half of 2021. Musk decided "to pull a prank" and pump Dogecoin using all permitted and not permitted methods)
The holiday did not last long, and even for the "chosen ones", but the unhappy investors in DOGECOIN, as always, are the majority. And now the correction has been going on for more than 2 years.
Based on the cyclical nature of the pumps, the next DOGEUSDT pump and, accordingly, the ATH update can fall on the 2nd half of 2024.
Moral: miracles do not happen, for a pump to be profitable for its "initiator", you first need to gain a large position, which is what has been happening over the past year.
If you have extra money that you want to invest in a long-term investment, you can take a chance and invest in DOGE, but do not buy more than $0.07-0.073.
Ideally, you should place orders with a grid in the "buy zone" of $0.0575-0.073 and wait.
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Doge/Usdt Time Is Coming Anticipating a bullish movement in the Doge/USDT price soon. The first scenario suggests a direct breakout, while the second scenario indicates a potential fakeout before a pump. With April approaching, historical trends suggest a significant movement in DOGE valuation around this time each year. Please note that this information is not intended as financial advice.
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.
DOGE TRADE 📊Analysis by AhmadArz:
🔍Entry: 0.1241
🛑Stop Loss: 0.1217
🎯Take Profit: 0.1273 - 0.1314
🔗"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!
Doge Swing Fail Can be devastatingAlready in a swing low leverage short from the top around 0.08900.
Now adding leveraged position to this if this failed to goes above i think this can crash.
Having an entry from the top is letting me add margin without too much risk.
Added margin above 0.08650.
Closing whole position 0.08830 flat stop.
Note: Not a Financial Advice
Doge/Usdt 25-50% Bullish Move Expected Doge/USDT: Market Structure Shifts Bullish.
The Doge/USDT market has witnessed a significant shift in its structure, with a strong bullish momentum taking hold. While it is important to note that this analysis does not constitute financial advice, several indicators suggest the potential for a 25-50% bullish move in the near future. The price of Doge/USDT is currently attempting to break the resistance of the trendline on the 4-hour timeframe, further supporting the notion of a robust upward trend. Stay updated on the price action and market developments to assess whether these indications materialize. Make informed decisions based on thorough research and seek professional financial advice when necessary.
🚀 Doge Attempting For Breakout! 🌟✨ DOGE/USDT 🚀
📊 We are currently observing a symmetrical triangle pattern in the DOGE/USDT pair. The price is attempting to break out of this pattern. If it successfully breaks out, we could potentially see a bullish move ranging from 15% to 39%.
🔍 Let's closely monitor the price action and volume to confirm the breakout. It is essential to exercise caution and conduct your own analysis before making any trading decisions.
⚠️ Please note that the information provided is for educational purposes only and does not constitute financial advice. Always make independent research and consult with a professional before investing.
📊#DOGE target has been achieved. Be cautious do long⚠️👀We placed the bull market trap on November 3 when we saw demand for a rebound after doge's short target was completed, and after a long wait of three days we finally reached the expected target area. Congratulations to the friends who followed the Wolf King to print money.💰🍻🚀🌕
⚙️The action that should be done after the completion of the goal is to reduce or close the position, so it is not recommended that you continue to chase higher, because TP zone2 is an important resistance area, and a healthy rise corresponds to a healthy pullback.✔️
Let's see👀
🔔If you also want to improve your trading skills, then you can find Wolf king 💌and we will set up traps for hunting together.🕳💰🍻
DOGEUSDT at monthly support, likely to bounce upThe price has hit the monthly support MS1 again. It has done that several time in the past and this support has held the price since the drop started after hitting all time high in 2021. Everytime, the price has bounced from this support before the next visit of this support. The price is again at the same juncture and it is likely that the price bounces from this support again. The price may dip a bit further into this monthly support zone but eventually it shall reverse sooner or later from this zone. Therefore, a long from this zone is favorable. In case if the unlikely event of losing this monthly support happens, then it is likely that the price will visit weekly support around 0.009.
DOGEUSDT again on daily support and likely to bounceThat bounce from daily support DS1 took us again to the DR1+4HR1 resistance zone making the long a successful trade. The price again got rejected from there and landed again on this daily support zone, You know what to do now. Long the support until it is not anymore.
DOGEUSDT likely to head to daily support around 0.735On lower time frame, it seems the price wants to revisit the daily support from where it has bounce a couple of time in past week. The price was rejected from the confluence of weekly and 4h resistance current trading below it. I think the probability of it hitting the daily support DS1 is high and therefore a long is not favorable here.
Bullish Dogecoin Analysis and Trade StrategyBoth Macro PVVM and Micro PVVM are increasing on BINANCE:DOGEUSDT , suggesting that the trend and movement are bullish. On July 23, 2023, the Macro PVVM and Micro PVVM were at 77.94 and 63.76, respectively, indicating a solid bullish momentum in both long-term trend and short-term movement.
Key Takeaways:
The market has shown strong bullish momentum recently, with both the Macro and Micro PVVM in positive territory and rising.
The closing price has also been increasing, aligning with the bullish momentum indicated by the PVVM indicators.
The Macro PVVM shows a strong long-term bullish trend, while the Micro PVVM indicates a bullish short-term movement.
Trade Idea:
Given the strong bullish signals from both the Macro and Micro PVVM, coupled with rising closing prices, a long position could be considered. However, traders should watch for any signs of weakening in the PVVM indicators, which could signal a potential reversal.
Price Prediction for the Next 7 Days:
Given the current bullish momentum, it's reasonable to expect that the bullish trend may continue in the short term, barring any significant market disruptions.
DOGE: Clever Trick to Outsmart Investors - Timing is Everything
DOGE Coin was designed to make even the greatest investors doubt themselves. And guess what? After the recent (not surprising to me and my inner circle) XRP pump, DOGE Coin thrived on that disbelief. Many panicked and sold their bags at a loss, rushing into new sheeshcoins in search of quick gains. But here's the thing, the subsequent DOGE pump was all part of a clever strategy to offload MarketMaker bags without causing significant BTC pressure. As a result, we've seen a consolidation phase with occasional altcoin pumps, sparking hope for an upcoming altseason. But don't get too excited just yet. If you check your charts, you'll notice that a similar scenario between XRP and DOGE has happened before, and history tends to repeat itself.
Now, let me share a killer 5RR setup based on the recent STB move on the 4H chart. Right now, accumulating DOGE between $0.07 - $0.066 is a fantastic entry opportunity. Just be smart and set a safe stop loss at $0.0632, which would invalidate the idea if triggered before a possible BTC dump. My main target is set at $0.11, showing where I expect the price to reach.
Dogecoin Most Probably Dogeusdt
0.072-0.070 Levels Big Support Zone,
If we see any buyers' activity in the form of momentum candles on this support level, it is highly likely that a big buying opportunity for the mid-term will present itself. We should wait for the price to reach 0.072 before entering a long position for a potentially profitable trade. Keep an eye out for the momentum candles as they could signal a reliable indication of a bullish trend.