DOGE READY TO TAKEOFF? (November 29, 2024)A quick emergency update video looking at some recent developments on Dogecoin and what this means for a breakout to new all-time highs to take place very soon...
DOGEBULLUSD trade ideas
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DOGCOIN - Sell Idea (Short-term)The short term cycle is trading sideways in the last couple of weeks. coming from the top section of it's trading range, we believe it is very likely that the Dogcoin will drop beck to the lower section of the range. We're firing off a new short position, targeting the key-level support at 0.3636.
Ascending Triangle Forming on DOG/USDSince November 12, the price action of DOG/USD (Dogecoin versus the US dollar) has formed what many technical analysts refer to as an ascending triangle between US$0.4381 and US$0.3006. Although this pattern is generally seen as a bullish continuation formation, there are occasions when it may indicate a reversal instead.
Should a breakout to the upside occur, traders may either add to their current buy positions (pyramiding) or enter new buy positions while placing protective stop-loss orders below the lower line of the ascending triangle.
Ichimoku Cloud Bolstering Ascending Triangle
The Ichimoku Cloud provides support at the lower side of the ascending triangle. This support area is determined by the difference between Leading Span A (green) at US$0.4034 and Leading Span B (orange) at US$0.3925, and is a commonly recognised support level, especially during uptrends. Additionally, it is noteworthy that the Leading Span A has just crossed above the Leading Span B, which is considered a bullish signal.
Adding to the above, additional bullish evidence is seen through the 200-period simple moving average (SMA) at US$0.2460 pointing to the upside, as well as price action rebounding from the 50-period SMA as support at US$0.3918.
Price Direction?
While market participants may ‘play the range’ within the ascending triangle – buying support and selling resistance – many will likely wait and see which way the pair breaks out from the pattern. As noted above, a higher break could trigger further buying, with stops placed under the ascending triangle’s lower line or even below the Ichimoku Cloud. On the other hand, a break lower could signal that price wants to test the upside gap between US$0.2203 and US$0.2668 (orange area).
Dogecoin Prepared to EngulfIts been down for a few days and has lost all momentum. I believe within the next two days we could see some enthusiasm for a rip upwards. Probably backfill the hole it has created and to attempt to gain as much ground after it rips off the lid. Today and tomorrow should be interesting for the doge. Now is a good time to buy if not already in.
DOGE - ROAD TO $1 IN DECEMBER - CryptoManiac101Dogecoin (DOGE) vs USD
1. Trend:
Dogecoin appears to be in a strong upward trend with a series of higher highs and higher lows.
Two distinct consolidation patterns (flag/pennant-like structures) are highlighted with yellow arrows, followed by strong upward breakouts.
2. Patterns:
The first consolidation occurs after an initial rally, forming a bullish flag. The breakout from this flag leads to a significant price increase.
The second consolidation is a continuation of the bullish pattern, again resulting in another breakout to the upside.
3. Price Action:
Each breakout has been followed by steep price increases, signaling strong bullish momentum.
The recent steep move at the top of the chart suggests an acceleration in buying pressure, possibly driven by market sentiment or external events.
4. Key Levels:
Support: The lower trendlines of the consolidation patterns act as short-term support levels.
Resistance: The upper boundaries of the consolidation channels act as resistance prior to the breakout.
Conclusion:
The chart displays a textbook bullish continuation pattern with steep uptrends and consolidations. If the trend holds, there could be further upside to $1
And as always, remember that this is not financial advice and is simply for entertainment purposes.
DOGE going to at least $3.00 on this Cycle.Dogecoin / DOGEUSD is expected to be among the high cap winners during this Cycle.
Not only is it currently still under its All Time High but the recent massive post U.S. election rise brought it to the 0.786 Fibonacci level.
Following a 1day Golden Cross early this month, we believe that we are trading on a similar Cycle stage as January 2021 (also on the 0.786 Fib).
The 1day RSI fractals seem to match perfectly, being way above 80.00 and what should follow next is a test of the 1.5 Fibonacci extension.
Buy Doge and target it at 3.000.
Previous chart:
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DOGEClosing back above mid of the whole move after finding support at the local channel lows.
Looking good to send up to local channel highs.
Altcoin Screener | DOGE Pi Cycle High and Low v2CRYPTO:DOGEUSD has been getting a lot of buzz recently and many attribute this to the Elon effect but I say that all of this can be found in the charts and is no surprise. I have several charts to share on Dogecoin's cyclical nature and why even after this recent rally, it's still not too late to buy.
I developed this DOGE cycle top and bottom indicator that I call DOGE Pi Cycle High and Low v2 as it's a modified version of a popular indicator for Bitcoin in identifying its cycle top. When the green moving average crosses under the red moving average, this marks the Doge cycle bottom. When the yellow moving average crosses under the white moving average, this marks the first Doge cycle high.
The low for this cycle was already marked and we still have yet to see a pi cycle high trigger. Although DOGE has had a recent rally, I think there is still plenty of room to run here so you could add to a long position and wait for this Pi Cycle High trigger as a short term trade.
If you are interested in holding for longer for more potential gains, I have another indicator to share which is based on positive MACD, Bitcoin breaking above ATH and two tops. The first top triggers after Bitcoin breaks above its ATH and we have 12 consecutive weeks of positive MACD which is showing potentially will trigger by end of December 2024. Then there is a second and final top that forms later after a correction and when positive MACD returns for at least 2 consecutive weeks and lasts for 5-6 weeks.
And then finally we have another top indicator based on 2 Week RSI when it peaks between 89 and 97. This also forms two major tops so as a short term trade, you could sell on that first RSI peak or wait longer for the second peak.
DOGE - Pullback complete?We saw a MACD divergence lead to a nice corrective wave over the past few days. This is important to stabilize the RSI before the next run. Like how a dog takes little rests between playful runs.
Speaking of Dogs… did you pick up Ont he link between mans best friend and DOGE coin?
It is something unique to all of the other crypto currencies.
DOGE invokes the emotion of LOVE!
What do you feel for BTC or XRP? Fear? Greed? FOMO? ( also a fear)…
The blue trace is a high probability fit. It comes from the similar corrective wave just 2 back in our history… in the midst of the big run. I like that, because i see a foreground and back ground projection of these flying monsters propagating through space when i look at these charts… in 3D of course. Like those pictures you had to stare at in the 90’s.. and then the dolphins would appear in 3D.
Anyhow, my long running observations on the various time frames all suggest that there is a more significant influence coming from that 2 back pattern. It also nicely matches the RSI and MACD patterns.
Finally, we should be able to apply Elliot wave mentality to this… we left the bottom level, made it through the blips, and have just completed the background and foreground of the mid level…. so we should see another move up through the blips, to the top level.
BTC… on the other hand… tops already in! 100K pump and dump. Boom!
Pretty clear decision to sell that and buy DOGE.
Oh… the other traces… they are fit to other harmonic patterns or series on different time frames. They represent some of the other patterns of influence, and are very useful as DOGE likes to mutate a bit with each projection. I’d follow my dogs on hikes… same trail, but a bit of sniffing and chasing, and a different route or combination of routes each day. These projections are a bit like that also.
We do know that the resistance vectors (dotted) will turn to support and need to be checked in on. And the same goes for those support vectors (solid). Understanding the anticipated level behavior's helps us fit the projection to the forecasted levels… and it looks like laser beams at a festival when you zoom. :)
Thanks for being here as the crypto revolution unfolds!
Love, Doge.
DogeCoin Update 2024-11-27Possible paths ahead are shown in the image.
Note: This is a personal opinion and is not sufficient for trading.
DOGEUSD // Short-Term Sell -> Bull Run!Used a bunch of strategies I like and decided to play them all together. Lots of news surrounding BTC raising buying pressure and with doge mirroring seems like we will follow the same path (Bull). The levels of support need for this run isn't too specific as you can see but certain its grabbing these levels of support to show another run to the top. Longer TF's look promising to this as well.
DOGEUSD SELL ANALYSIS RISING WEDGE PATTERN On Dogeusd price has form a rising wedge pattern and is likely to fall if line 0.3764 break so trader should go for SHORT and expect profit target of 0.3647 and 0.3530 . Also remember to use money management
Can the structure be maintained?cm williams vix fix is flashing green hypothesizing the price is at a temporary discount and close to or at bottom. We might have reversal candle at the Wedge shape structure let us see if the next candles will bring us Higher Highs and Lower Lows. Be very careful
dogecoin setup on fivemathehi guys i holp you guys like setup dogecoin... if you like to know more about let me know. thanks
PROPER DOGE BULL FLAG DAILY!!!COINBASE:DOGEUSDT
We have a proper BULL FLAG on the DAILY for DOGE. The 20 day MA has caught up TO price action with a nice POC forming at about .39. DOGE has held these prices nicely and it seems accumulation is happening at these levels. If the the chart plays out, we may actually be loading our long awaited $1 candle! $1.27 is where I will be selling. AGAIN< HAPPY TRADING!!!
Dogecoin #Doge Doge Doge continues to find support in the $0.365 range and if CRYPTOCAP:BTC can get through the current sell wall on the 4 hr. at $95k Doge will follow and break back up above $0.40 and most likely IMO see at the very least a trip back to that $0.42 range. If we get a real pump, we retest the $0.48 range and IF and when we get through that we really begin to look at old ATH levels followed by NEW ATH and price discovery.
Doge has been following Bitcoin quite well this cycle like clockwork and once Doge and BTC are done stealing all the liquidity we can begin having fun with Eth and our alts.
If you're a DOGE guy, this is your chance If you're a DOGE/Elon guy thinking this rip, this is a good spot to take a long
DOGEUSD View!!Billionaire and X owner Elon Musk posted a meme depicting Doge today. Although he directly referred to the Department of Government Efficiency, the meme asset Dogecoin also pumped briefly.
Is Musk deliberately trying to boost DOGE through these seemingly unrelated tweets? A recent class-action lawsuit against him directly addressed this possibility.
DOGEI originally presented this idea in June 2024.
Following up now as we are above the 50% retracement of the previous cycles highs.
This is now where the magic starts...
If this cycle mirrors last cycle, we're in for at least $30 DOGE by spring of 2025...
$1 IS FUD
P.S. Elon Musk once said that '42' is the meaning of life. Now study the fibs on this chart...
The game is not over yet !!!!!!!Hi everyone, I hope you are doing well. I believe this is a great opportunity for those who have not yet entered. I think it's a good place to add or buy in the spot. Further levels are shown in the chart. I believe it is just pull back !!! Risk Reward 1/3 (HIGH RIsk) BINANCE:DOGEUSDT COINBASE:DOGEUSD CRYPTO:DOGEUSD BINANCE:DOGEBTC
Disclaimer: This information or service is for informational purposes
only and is not intended to be personal financial advice
DOGE TO THE MOONDepartment of government efficiency coin is going to the moon.
$1 at least and not gonna stop there!
DOGE Entry opportunity The current price of Dogecoin hovering around $0.4 presents a potentially attractive entry point for some investors. While Dogecoin's price volatility is well-documented, and it lacks the established fundamentals of other cryptocurrencies, a price of $0.4 could be considered low compared to its historical highs. For those with a high-risk tolerance and a long-term outlook, this dip could represent an opportunity to acquire Dogecoin at a relatively inexpensive price, betting on a potential future price increase driven by factors like increased adoption, community engagement, or renewed social media hype. However, it's crucial to remember that Dogecoin is highly speculative, and significant price losses are a very real possibility. Any investment decision should be made after thorough research and only with capital that an investor can comfortably afford to lose.
