DOGECOIN GETTING READY TO RALLY? (October 17, 2024)Some interesting things are developing on Dogecoin's weekly chart, let's break it down!
DOGEBEAR2021USD trade ideas
DOGEUSD Hit its 1DMA200. Rejection or breakout? Pick your poisonDogecoin (DOGEUSD) hit yesterday its 1D MA200 (orange trend-line) for the first time since July 29. A little before that date on the last High (July 21), the Lower Highs trend-line started, which is currently exactly on the 1D MA200.
As a result today's pull-back is so far a double level rejection (1D MA200 and Lower Highs trend-line). As long as it stays intact, there are more probabilities to pull-back towards the 1D MA50 (blue trend-line) again, which held twice this month already (closed all candles above it). In that case, our Target is 0.11000.
If on the other hand the 1D MA200 breaks first, we will accept the loss on the short (tight SL anyway) and buy the break-out targeting 0.14380 (Resistance 1). The 1D MACD formed a Bullish Cross on Monday, which favors the bullish break-out.
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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)
DOGEMight be time to finally start pricing in DOGE with less than 1 month to go until the election 👀
DOGEUSD The new Bullish Wave is taking off.Dogecoin just turned bullish today on its 1D technical outlook (RSI = 58.168, MACD = 0.002, ADX = 16.620) after its 1D RSI spent the first 2 weeks of October sideways, forming the bottom. This is a bottom similar with late Aug-Sep and during that time the 1D MA50 held six different 1D candles. The pattern is a Channel Up the past 10 weeks and today's candle has confirmed the start of the new Bullish Wave. We expect at least another +43.58% rise from the bottom (TP = 0.14450).
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crypto very funnyits always about weighting the evidence. And technically speaking we are seeing more and more evidence to be long CRYPTOCAP:DOGE here. if you want to wait for more confirmation (breaking above vwap) i cant blame you but i personally wont be waiting.
DOGE: No play zone inside the boxAs long as Doge ranges between $0.14 and $0.08, it is a no trade for me. I got stopped out back in august and ever since, haven't found a good entry spot. Price action is choppy and corrective. Each pump or dump are being met with resistance. I need to see a break beyond the box and a complete sequence in direction to enter the market with some confidence. On the upside, want to see a move above $0.17, better yet, a move above $0.22 and then a retrace back into the box to gain support. On the downside, want to see either a support on the trendline or break the trendline in 5 waves. If we see a support on the trendline, Doge might be in for a longer correction in a very large triangle.
Long story short, want to see something other than this drag to consider getting back in Doge.
Dogecoin BreakoutDogecoin has just broken out of a similar down sloping trendline as the previous two cycles. In the last two cycles this had marked the start of a period of large upside for Doge. High degree of confidence that we see similar follow through this cycle.
Needed break outWill the dog break out it's parallel channel? Or will it cycle up or down for a bit. For now RSI and SRSI looks good but that is for now.
DOGECOIN MAJOR BUY ZONE INCOMING AND POTENTIALLY LOWER?Here's the important numbers for doge at the moment.
You can adjust them a bit for your needs.
There is some really short term indicators that, when reset, put everything in alignment to see a lot of bullish movement coming into DOGE.
Again, because the market is the market it can easily break through this strong trend it's about to hit.
Good news is it falls to support at .0888
Even better news, should it fall more, there is support at an even lower level, likely.
I'd be looking to see if I can get my position set soon.
I think there is a bullish future for this good dog.
Watch SHIB for a bigger move to the upside, with a drop that would be to basically zero.
Doge has the support to take it up to .29 and maybe even .45, and as quick as dogecoin can confirm a jump like that, you'll see it at probably $10.
I've been consistently super bullish on this coin, and currently, I'm liking the look of the chart.
doge - electric doggo power -update bull fractals or diei mean...
does it just repeat.
you tell me elon
see you on mars. or broke.
(consider this important current event factor: china just printed some serious helicopter liquidity)
x
DOGEUSD Are you people ready??We have recently viewed Dogecoin's (DOGEUSD) Cycles and mentioned why we expect it to start rising parabolically soon. What we haven't done but it's what we bring you today is those Cycles compared to the Cycles of the flagship of the crypto world, Bitcoin (BTCUSD).
We will keep it simple, because that's what the chart is, no need to complicate what's obvious with added terms and info.
As you can see, every time Bitcoin broke above its All Time High (ATH), Dogecoin was on a medium-term correction (though well within its Bull Cycle) under Lower Highs and marginally above the 0.236 Fibonacci retracement level. Once Bitcoin broke out, Doge did also only though much more aggressively and within a few weeks it reached its previous ATH.
Needless to say, it didn't stop there but went on to peak much higher. Once more, the market finds itself in the exact same position as before in history. Are you ready??
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DOGECUSD View!!If Ethereum cannot break through with high volume, there is a strong likelihood that sellers will step in, causing a potential reversal. The next significant resistance level after $2,500 is approximately $2,750, where Ethereum has previously encountered rejections.
Historically, these moving averages have been trustworthy predictors of market direction and act as dynamic resistance levels. It will take a significant spike in volume, which the market is not seeing right now to break above both of these moving averages. Ethereum is expected to reverse if it is unable to muster the strength to overcome these resistance levels.
$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.
DOGEUSD view!!Dogecoin is recovering losses from the $0.1020 zone against the US Dollar. DOGE is now showing positive signs and might clear the $0.1165 resistance.
DOGE price started a fresh increase above the $0.1100 resistance level.
The price is trading above the $0.1120 level and the 100-hourly simple moving average.
There was a break above a major bearish trend line with resistance at $0.1100 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could gain bullish momentum if it clears the $0.1165 and $0.1180 resistance levels.
I love dogs Dogecoin to 1.74Who doest like dogs? Looks like we had in the past a beautifull 5 waves up. Consalidating down but now looks like we will go right up again this alt season. Manage risk and see where we will go amigos.
DOGE at a Critical Juncture: Breakout Signals Potential RallyMarket Overview:
Dogecoin (DOGE/USD) has broken above a key diagonal trendline, suggesting a potential shift in its long-term trajectory.
The recent price action also includes a higher-high, and if a higher-low forms during the current pullback, it would solidify a short-term bullish trend.
Price Targets:
If the breakout holds, Dogecoin could target previous swing highs in the $0.13-$0.14 range.
Monitoring the volume profile is key, as strong buying volume will confirm the momentum of this breakout.
#Dogecoin #DOGE #CryptoAnalysis #BullishTrend #Breakout
Fibonacci: How 9221 and 28008 Reveal Dogecoin’s Next SurgeUnderstanding Fibonacci-like Sequences and How 9221 and 28008 Relate to Dogecoin
In the world of mathematics, the Fibonacci sequence is a well-known series where each number is the sum of the two preceding ones. While the original Fibonacci sequence starts with the numbers 0 and 1, variations of this sequence can start with any pair of numbers. These modified Fibonacci sequences follow the same rule of adding the previous two numbers to get the next in the series.
In relation to Dogecoin, the numbers 9221 and 28008 can be seen as part of such a Fibonacci-like sequence. Here’s how it works:
1. Start with 9221 and 28008: These two numbers are considered to be the first and second numbers in our sequence.
2. Apply the Fibonacci Rule: According to the Fibonacci rule, the next number in the sequence is the sum of the previous two numbers. Therefore:
\text{Next Number} = 9221 + 28008 = 37,229
3. Explanation: By adding 9221 and 28008, we arrive at the next number, 37,229. This process can be repeated indefinitely to generate additional numbers in the sequence, with each new number being the sum of the previous two.
Why is this relevant to Dogecoin?
While Fibonacci sequences are often used in the financial world for technical analysis, predicting price movements, or identifying support and resistance levels, their use can also extend beyond price charts. The Fibonacci-like pattern with 9221 and 28008 may have symbolic or strategic significance within the Dogecoin community or could be a playful representation of growth, as Dogecoin often embraces fun and creative expressions.
By continuing to follow this sequence, we can generate larger and larger numbers, symbolizing exponential growth—a concept that resonates well with the Dogecoin community’s optimistic and energetic nature.
In summary, 9221 and 28008 represent the first two numbers in a Fibonacci-like sequence that leads to 37,229, highlighting the power of growth and momentum, which can easily be associated with the ethos of Dogecoin.
DOGE/USD Bullish PullBackDOGE/USD making perfect pullback
Look RSI trendline
Next weeks will be bullish
DOGE - inverted head and shouldersDOGE looking to complete an inverted head and shoulders. this will take some time to play out so patience is key. I would think the end of the month or first week or two in November before the pattern is confirmed or not.
[DOGE/USD] Channel BreakoutCRYPTO:DOGEUSD is retesting the support after breaking out its downtrend channel on daily timeframe.
Cherio...
This is where we are at on the SHIBUSD ChartWe are currently trading within this range.
The dates are fairly close to the last halving (October), before the huge run-up.
I is ending, a nice pump is going to start !It seems that this drop will be the final leg of the formed symmetrical, So I'm personally waiting for a good jump in October like I said before !
