DOGEUSD 1H Long Trade - 1:3 RRRRRR: 1:3
SL: 0.15090
TP: 0.20000
In this trading strategy, I present a compelling opportunity for a long position on the DOGEUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3.
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
DOGEBTCB_353D32.USD trade ideas
Doge is about to rise based on weekly analysisDogecoin is doing a nice pullback to the area shown in the chart and getting ready for a rise. Based on weekly analysis, the target is about 0.3$ - 0.34$.
Remember this analysis is based on a weekly timeframe, thus, do not rush into a buy position in the future market!
What's your opinion? agree or disagree? write down below :)
Could DOG/USD fall further?DOG/USD has reacted off a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could potentially fall to our take profit.
Entry: 0.1612
Why we like it:
There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 0.1696
Why we like it:
There is a pullback resistance level.
Take profit: 0.1479
Why we like it:
There is a pullback support level which lines up with the 78.6% Fibonacci projection.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
The king of cryptocurrencies, Bitcoin, its effects on subsetsDear analysts and traders,
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Previous analytical ideas
Dogecoin still looks positiveEASYMARKETS:DOGUSD
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The Weekly Doge Cross, Targeting $4.20 only seems appropriateTeh Doge! We just had a weekly cross on Doge coin! The last time this happened we had a rocket up in price to the extreme.
Crypto is a gamblers paradise and what better thing to bet on the OG gamble crypto itself? We have already seen plenty of meme coins pump and Elon Musk will likely pump doge in the future again with X accepting payments, Tesla, or something of that nature.
It only seems appropriate to have a price target on #doge of $4.20. The last top was around .69 cents. Coincidence? I will let you decide.
A couple technicals.
As mentioned, the weekly cross indicating it could just be getting started with a move to the upside. If you look at the previous time this happened that I circled in red, you will see that this was the beginning of a strong move and trend to the upside for Doge coin.
What's more, the main resistance at this .18-.19 cent level has been breached, the main resistance is the VWAP we are approaching just at this .25 cent area. When we get above that, there should be little resistance until the recent ATH's.
On this large time frame, while RSI is high I would take this more as an indication of strength and not that it will pull back anytime soon. MACD also looks good.
Here's to hoping Doge goes to $4.20!
Cheers,
TCD
Dogecoin - Is a 20.000% rally realistic?Hello Traders and Investors, today I will take a look at Dogecoin .
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Explanation of my video analysis:
In 2020 Dogecoin already created a symmetrical triangle breakout which was followed by a +20.000% rally towards the upside. Then we saw the top in 2021 and Dogecoin once again entered into a triangle consolidation phase. We already saw the bullish breakout of this triangle and if we measure the potential price target, the next bullrun could bring us all the way up to $20.
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Keep your long term vision,
Philip (BasicTrading)
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, 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.
DOGE W pattern *** LOG target of 50 cents!***Massive Qudos to Doge
It's a meme & crypto alt coin unicorn
It birthed an entire industry
So and one of the very handful of coins that can make new highs versus BTC
That is quite incredible.
here we have a lovely W pattern
with some nice targets for it
We will assess once these are made for further upside.
#Memes
#memecoins
#Dogcoins
Bullish Signs for Dogecoin (DOGE/USD) on CoinbaseThe DOGE/USD chart on Coinbase is hinting at a potential trend reversal. An inverse head and shoulders pattern seems to be forming, following a five-wave downtrend. The pattern's left shoulder aligns with the end of wave 3, while the head coincides with the end of wave 5. Interestingly, the price climbed above the peak of wave 4, creating an upward neckline that suggests a bullish breakout.
Adding to the bullish sentiment, a golden cross is forming within the left shoulder, indicating a potential shift in momentum from bearish to bullish. This inverse head and shoulders pattern has been consolidating for over a month, suggesting a period of compressed price action before a potential breakout.
This analysis is based on technical indicators and should not be considered financial advice. It's important to understand that the market can be unpredictable, and your own research is crucial before making any trading decisions.
Could price reverse from here?DOG/USD is rising towards a resistance level which is a pullback resistance that lines up with the 161.8% Fibonacci extension and could reverse from this level to our take profit.
Entry: 0.1663
Why we like it:
There is a pullback resistance level which aligns with the 161.8% Fibonacci extension.
Stop loss: 0.1836
Why we like it:
There is a pullback resistance level which is slightly below the 100% Fibonacci projection.
Take profit: 0.1487
Why we like it:
There is a pullback support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Doge LongDoge completed a type two bat and after breaking down sprung right back above support.
Now we look for a few things
- Support to Hold
- Divergence to Mature on the 4h & 6h
- Daily MaCD to Stay green
By Layering in you can strategise a SL below Support. We have orders at the 618, 786, & 886.
DOGEUSD: Bullish breakout imminent. Target 0.4000Dogecoin is trading under the 1D MA50 and just turned bullish on its 1D technical outlook (RSI = 58.834, MACD = 0.000, ADX = 43.260). This is the same accumulation process that took place in Jan-Feb and before that pre October 2023 that initiated the bullish phases of the Megaphone pattern. We expect the new one to have began by June, targeting the top of the Bullish Megaphone (TP = 0.4000).
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