Unlocking Potential: 59.90% Probability for DOGEUSD ATH Bullish Fundamentals for Dogecoin
1. Increased mainstream adoption: More businesses and platforms are accepting Dogecoin as a form of payment, expanding its real-world use cases.
2. Growing community support: The Dogecoin community remains active and passionate, driving continued interest and development.
3. Potential technological improvements: Ongoing discussions about upgrades to Dogecoin's blockchain could enhance its functionality and appeal.
4. Positive market sentiment: As the broader crypto market shows signs of recovery, meme coins like Dogecoin often benefit from renewed investor interest.
Using Probabilities for Long Positions
I'm utilizing probabilities on my charts to get positioned into longs for DOGEUSD.
This strategy aligns well with my bullish bias on DOGEUSD, allowing me to capitalize on potential upward movements in a more calculated manner.
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DOGEBTCB_353D32.USD trade ideas
$DOGEUSD Can Dogecoin breakout from that descending wedge?CRYPTOCAP:DOGE Dogecoin is trading inside a descending wedge. The measured move for a wedge breakout is 16 cents.
See targets, support, and resistance levels in the chart.
As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.
(LONG) Dogecoin getting ready to pump, like usually.If historic price action mean something dogecoin is getting ready to fly, you can see that especially on the weekly and monthly timeframes.
At naked eye you see it,
see even better if you plot fibonacci time zones, and some moving averages on the chart.
Imo with proper risk management is a good long opportunity.
PS: the orange vertical line is there bcause that's wen the price closed above my sma's, the blue line is there just bcause we're in august
Dogcoin - Short-term Bullish CampaignDogcoin had dropped all the way the last line of support at 0.0975. We believe that this is the end of the road for that last bearish cycle. Upside reversal is highly likely at this point. We're taking action with a new bullish campaign, targeting the next significant key-level resistance of 0.1080
Final Doge Conclusion and Trading PlanI've thought long and hard about this pattern. We've seen Doge play this pattern out several times before but not twisting space-time like it is. After a long and hard deliberation and study, I've concluded that in order for BTC and DOGE to close the circuit to the bottomless pit and meet at their numerical (human) zero values, their must be a huge elevation in volatility. Therefore I expect to see sides of both BTC and DOGE that we've never seen before and will only occur this one time because they were prepared for the circuit closing.
Some fundamental differences that I see with both DOGE and BTC:
1. BTC is not under its 6 month support zone, DOGE IS.
2. DOGE seems to have good support around the 8 - 12 cent region, BTC has no real psychological support until 3.5 - 4.5k.
3. Its going to be tougher for DOGE to hit its zero marker than BTC because there is so much support here. Therefore, its going to need to fall from a parabolic high in order to reach it.
This is a mid-term trading plan, after DOGE bounces off the .10 cent region again, its high is where the FOMO brings it. My guess is around $3. It'll then toppled quickly to its zero mark well below a penny. BTC should tap around the $200 region once again as well.
Note: I fully expect this to all take place before Trump wins the election this December. They're going to collapse the market so he has to fix the state of our country once again.
Happy trading and God bless you all.
DOGE: SEE YOU IN 2025?Hi guys, it's been a while seen my last analysis.
Here is what I found based on previous similar movements.
Will be the same again? Idk but similaties are here to help us understand the market.
I'm long on Doge from months, so if this happen again means to be patient until 2025 first quarter.
Patience is key & to make 10.000% we need real FOMO, atm there is no interest across market.
Let's see.
DOGEUSD: Bull and Bear scenariosDoge broke a critical price level for me and now I am on the sidelines and looking for a re-entry. At this point I am considering my primary bull and bear case in the chart. Either way, we should see a directional move shortly. If we see a higher high above $0.144, there is a good change that the diagonal pattern is still active and most likely it is the leading diagonal for wave 1 of 5. Expanding diagonal is supposed to be more evident in wave 1 and contracting ones are wave 5. In this case the green count should bring us back to these current levels again and I will be more inclined to jump onboard at that point.
On the other hand, if the intermediate degree wave 4 is still in play, then we should the last leg down for wave Y which can drag thing down below $0.05 or can get support on the trendline at around $0.06.
At this moment Doge is trading in a no man's land. Decision time might be soon (in the next 30 days).
Potential upside continuation with huge upside potential Hello traders,
PA tapped into an area of value:
- PA broke the lows
- PA formed an ending strucure within the bullish continuation pattern
- Still in line with the higher timeframe narrative
- Seems like it's getting stronger against BTC and ETH
DOGE = LOVE, Not FEAR.Hello! This white trace is my current favorite projection for DOGE.
I believe that DOGE is unique… it insights the emotion of LOVE. Man’s best friend. Unconditional love.
The world is waking up and transitioning from the fear based 3D matrix world mentality and back to a 5D energy based world… emotional awareness and the force of LOVE reign supreme over the new world we are entering.
Do you feel it? Do you love DOGE?
Does bitcoin give you FOMO? Or just straight FEAR, with all the dirty Black rock money linked direct to it now. The graph of fear and greed is very volatile. Highs and lows.
The graph of a building a tribe using the power of love looks more like climbing a Pyramid… a step up and a lap around, repeat.
Our old resistance levels turn support have been checked in on, LFG!