DOGE - SHOWING SOME OVERBOUGHT, NOT OUT OF THE WOODS YETGood Morning Everyone,
DOGE is showing signs of being over bought. No this does not get us out of the woods yet.
on the 4HR we currently have one area of support which is still holding. We also have a secondary area of support on the hourly which is also holding. This is a good sign. However on the hourly chart our most recent movement was a rejection back down to test out supports.
We could expect some consolidation at this level and potential try to pierce that resistance or the price action will continue downwards.
ENJOY!
DOGEBTCB_353D32.USD trade ideas
DOGE/USD Reversal Imminent? Watch These Key Levels!Dogecoin is currently testing a key demand zone around 0.21635 โ 0.21500, where multiple rejections suggest strong buyer interest. The price bounced off this zone with bullish momentum, indicating a possible reversal setup.
Chart Highlights:
Demand Zone: 0.21500โ0.21635 (marked in orange) โ Strong buying interest seen here multiple times.
Current Price: 0.21878 (+0.44%) โ Beginning a potential breakout move.
Resistance Levels to Watch:
0.22320 โ Minor intraday resistance
0.22894 โ Major supply zone (blue shaded area), previous rejection area
Bullish Signal: Bullish engulfing near support with increased volume, signaling possible continuation upward.
What to Expect:
A break above 0.22320 could push DOGE to retest the supply zone at 0.22894.
Conservative entry: on retest of 0.21635 with confirmation.
Aggressive entry: current price with a stop below 0.21500.
Trade Idea:
> Long Entry: Above 0.21900
Stop Loss: 0.21450
Take Profit 1: 0.22320
Take Profit 2: 0.22890
Bonus Tip: Watch the volume โ increasing buying pressure could confirm this reversal. Break and close above the blue zone would indicate a shift in market structure.
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Let me know in the comments if you're trading DOGE today and what levels you're watching! Donโt forget to like and follow for daily crypto insights!
#Dogecoin #CryptoTrading #LuxAlgo #TechnicalAnalysis #SupportAndResistance #ReversalSetup #Altcoins #CryptoTA #FrankFx14
DOGE/USD: Breakdown Incoming? Supply Zone Rejection . Strong Supply Zone at $0.24009 โ $0.25000
Price sharply rejected from this area, forming consecutive bearish candles.
Previous attempt in March also failed at this zone โ double rejection = high supply strength.
2. Bearish Engulfing Confirmation
A bearish engulfing pattern has formed, signaling potential trend reversal after bullish momentum.
Selling pressure increasing, with volume backing the move down.
3. Support Levels to Watch:
$0.19361: Previous resistance turned support. If this breaks, further drop likely.
$0.14915: Major demand zone. High confluence from past reversals and visible range support zone.
4. Indicators:
LuxAlgoโs Supply and Demand visible range highlights high liquidity clusters at $0.15 and $0.24 zones.
Arrows suggest institutional interest near $0.15 โ possible bounce zone.
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Outlook:
DOGE appears to be in the early stages of a bearish correction after failing to break the $0.25 resistance. A clean breakdown below $0.19361 opens room to revisit the $0.15 zone, where strong historical demand and accumulation occurred. Swing traders should monitor price action closely around these key levels.
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Possible Trade Idea:
Short Setup: Below $0.19361 with TP around $0.14915
Long Setup (Low Risk): Entry near $0.14915 with tight SL below demand zone
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Whatโs Your Take?
Are you buying the dip or waiting for $0.15? Drop your analysis below, and donโt forget to like and share if you find this useful!
#DOGE #Dogecoin #CryptoAnalysis #LuxAlgo #PriceAction #Altcoins #CryptoTrading #TradingView
Dogecoin (DOGE) OverboughtI have been trading for a long time using the DCA strategy indicator that I have developed and I have recently published the indicator on my Tradingview page.
According to this indicator, I have been buying DOGEs at support levels with more money than I would have thrown away so far. This support level is generally seen at $0.056. In addition, I dumped some of my DOGE at $0.2285, but then bought again at $0.107. I have already shared this analysis.
I think that DOGE, which has broken through two resistances, will advance at least up to $0.75 (potential 89% return). But for this progress, I think that it must first find support at the $0.2285 level, which was broken again. This is because the indicator also gives an overbought signal. Therefore, I will tailor my portfolio accordingly. But I wouldn't be surprised if it continues relentlessly.
As long as Elon Musk remains in government, I think this cryptocurrency will be on a continuous upward trend.
DOGEUSD Massive Bull Flag targets $0.40 like late 2024!Dogecoin (DOGEUSD) is posting a Bull Flag pattern on the 4H time-frame, being supported by the 4H MA50 (blue trend-line).
A similar Bull Flag was formed at the start of its previous major rally in October 2024, which made the price jump to the 2.0 Fibonacci extension, in as much time as it took for the price to reach the Bull Flag's start from the bottom.
As a result, we expect DOGE's next short-term Target to be $0.40.
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DOGE - RETESTING PREVIOUS SUPPORTSGood Morning,
As you can see DOGE hit a price point level that people where not so comfortable with yet. We are seeing some strength with the coin today with it potentially closing higher than yesterday. As for right now I am not making any moves back into the coin until I see where it has closed today.
Enjoy!
Weekly trading plan for DOGEIn this idea I marked the important levels for this week and considered a few scenarios of price performance
The nearest support is at $0.2186, if it is broken, the price may break the trend line
Write a comment with your coins & hit the like button and I will make an analysis for you
The author's opinion may differ from yours,
Consider your risks.
Wish you successful trades ! mura
DOGEUSD Critical Supply Zone โ Dump Incoming or Just a Fakeout?Dogecoin just rejected hard from a strong Supply Zone around $0.2400, showing a sharp intraday drop of over 8%. Is this the beginning of a deeper correction or just a healthy retrace?
Key Levels to Watch (1H Chart):
1. Resistance Zone (Supply):
$0.2400 - $0.2450: Heavy supply zone marked by LuxAlgoโs visible range. Price got sharply rejected here, indicating strong seller interest.
Expect any move into this zone to face significant resistance unless supported by volume surge.
2. Immediate Support:
$0.2027: First key demand level. A breakdown here could trigger panic selling.
Watch this level for potential bounce or breakdown setup.
3. Major Support Zone:
$0.1564 - $0.1620: High volume node + previous accumulation range.
This is where large buyers previously stepped in. If DOGE dumps hard, this is a potential long entry zone.
4. Bearish Signal:
Price created a double wick rejection at the top of the supply zone.
Red arrows suggest a potential drop to $0.2027, or even $0.1564, if volume confirms.
Potential Trade Setup:
Short Bias: If price fails to reclaim $0.2400 zone and breaks below $0.2250.
TP1: $0.2027
TP2: $0.1564
SL: Above $0.2450
Risk/Reward: High with tight stops above clear supply
Fundamental Watch:
Multiple U.S. economic events approaching (CPI, PPI). Volatility could spike around May 13โ16. Combine TA with news timing!
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Letโs discuss:
Are you shorting DOGE or buying the dip? Drop your analysis and let's trade smarter together!
#DOGE #Dogecoin #Crypto #Altcoins #LuxAlgo #TechnicalAnalysis #SupplyDemand #CryptoTrading
DOGE - Round 1 Almost Tapped!Good Morning,
hope all is well. As you can see here, we have had a great bull run which was initiated April 5th. Last week we saw a great break out from the last price structure however a quick rejection into the weekend. I am still anticipating one more run up before we consolidate again as this rejection shows some weakness in the current buying power of DOGE.
Enjoy!
is ADA in the same pattern?We're observing a striking resemblance between Dogecoin's 2017 breakout pattern and Cardano's current price structure. In 2017, DOGE consolidated for months with tight EMA compression before erupting into a strong rally. ADA is now showing a nearly identical setup: prolonged sideways movement, a breakout from compression, and a surge backed by strong volume (122.47B).
Price recently reclaimed and closed above key resistance at $0.76, flipping it into supportโmirroring the early breakout phase in DOGE. If the fractal holds, ADA could be entering the early stages of a significant impulse move.
Levels to Watch:
Immediate resistance: $0.895
Further targets: $1.00, $1.16, and $1.32
While history doesnโt repeat exactly, it often rhymes. This setup deserves attention as the technicals align closely with a historically explosive move.
Possible Bullish Parallel ChannelHere we have DOGE moving in an upward channel, indicators are saying asset is overbought, price has cycled to the top of the channel and could possibly breakout to the .24 cent range but a pull back to middle of the channel is possible (.21) range or to the bottom of the channel closest demand (.20) range. Have a nice day be careful.
DOGE looking really good๐ DOGE is looking technically strong heading into the next potential explosive cycle. As always, crypto carries risk โ the real question is: how much are you willing to lose? ๐ง ๐ธ
Remember: only invest what you can afford to lose. Stay smart, stay strategic. #Dogecoin #Crypto #InvestWisely
DOGEUSD Started its final rally and can hit $1.300Dogecoin (DOGEUSD) just broke above its 1W MA50 (blue trend-line) again for the first time since March 24 2025 and is doing so after a clear rebound on its 1W MA100 (green trend-line). This is a technical bottom formation, that resembles the one on September 11 2017, right before that Cycle's final rally was initiated.
The 1W RSI has already broken above its MA trend-line (yellow) and every time that took place since October 16 2023, DOGE posted a strong rally. As you can see, the similarities between the two fractals are remarkable, both unfolding a structured bullish pattern on similar stages, with a 1W MA50/100 Bullish Cross leading to the massive Bull Flag (green) that bottomed on the 1W MA100 and initiating the parabolic rally.
In 2017 it topped on the 1.786 Fibonacci extension, so if it continues to replicate that fractal, we expect this run to hit $1.300 by the end of the year and make the Cycle's Top.
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