Doge Complete correction second wave incomming?Currently, after a small 5 wave, we have had a correction of 3 waves and fib tested at 0.236. Strong bounce and currently testing strong resistance around 0.437 cents from writing. Expectations after a major correction on Bitcoin that we will gain more momentum upwards and will probably be heading for a fib length to 1.618 to 0.50 cents. This could be a 2nd wave over the large time frame, after which we can expect an additional wave towards the old ATH. Let's just wait for 0.50 cents and then we'll see again. Have a nice day. Give each other a hug and be kind to each other.
DOGEBULLUSD trade ideas
Rising Wedge Pattern (suggesting price correction in uptrend)From where I'm sitting we've been looking at a rising wedge pattern in $COINBASE:DOGEUSD. Also noticing a bearish divergence on the 1D timeframe. Looking for price to reach into the .28-.31 region before re-entering into a long position. Can we still go a bit higher? Of course. Be on the watch for false breakouts from wedge pattern. NFA, you do you. Best of luck!
WG
Volume and Price Percent ChangesUsing Aritificial Intelligence to create a study with some criteria that includes changes in volume and price by certain percentage, and also dots to plot when a possible big move is coming. Testing with any instrument and timeframes. Comparing with the MACD and watching for accuracy and performance.
Looks Bearish in short term.Price action bearish, RSI reversals at 60 level, fibinocci confirms shorts taking positions @ 61.8% level.... next reversal expected between .374 to .365.... following reversal monitor price action & see if it pushes & holds above .42 area.... do your own research. Not financial advice... thus is my opinion only
DOGE - MANY WILL CALL THIS BEARISH - CryptoManiac101DOGE / USD TA
Many will call this a bear flag and automatically short, at which point I will wish you all luck and success. Short it to the bottom.
In my view with all the whales buying in the last 48 hours, this thing is going to $0.75 - $1.25 in December and there's really not much you can do about it.
We should have a move coming from DOGE any day now. Keep in mind that a tweet from Must in one way or another is coming soon, whether he integrates DOGE for Tesla purchase or announces something, that will likely highlight a top for us which will usually get hit within 3-7 days of his bullish statement and will mark either a local top or a season top for us, depending on when exactly we get the news release.
This is for entertainment purposes only and is not financial advice.
DOGEUSD Crypto Market Money Heist Plan on Bullish SideHii! My Dear Robbers / Money Makers & Losers, 🤑 💰
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Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15 mins Timeframe Recent / Nearest Low Point take entry in pullback.
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
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Elliott Wave View S&P 500 (SPX) Wave 5 in ProgressShort Term Elliott Wave view on SP500 (SPX) suggests rally from 8.5.2024 low is in progress as a 5 waves impulse. Up from 8.5.2024 low, wave 1 ended at 5627.56 high and pullback in wave 2 ended at 5402.62 low. The Index then extends higher in wave 3 ending at 5878.46 high. The next pullback built a zigzag Elliott Wave structure to finish wave 4 at 5696.51 low like the 1 hour chart below shows. Actually, the SPX is trading higher in wave 5 developing an impulse or ending diagonal structure.
Wave 5 rally is in progress with internal subdivision as another impulse. Up from wave 4, wave ((i)) ended at 6017.31 high and wave ((ii)) retracement ended at 5853.01 low. Wave ((iii)) has started and it is trading in wave v of (iii) of ((iii)). Up from wave ((ii)), wave (i) ended at 5908.12 and wave (ii) correction ended at 5855.29. Then the SPX built a nest ending wave i at 5923.51 and wave ii at 5860.56. Wave iii of (iii) finished at 6025.42 and wave iv pullback at 5984.87 low. From here, we are expecting that wave v of (iii) completes soon and the index should see a pullback in 3 swings as wave (iv) before resuming higher in wave (v) of ((iii)). Near term, as far as pivot at 5850.8 low stays intact, expect pullback to find support in 3, 7, or 11 swing for more upside
WajaniTV Analysis for the new weekMarket is making LH from 1-4 and with a resistance turning support at 4 thereby forming a new structure. If this structure is not broken to the downward side, I see the market moving bullish.
If this trade is taken, it becomes void once the breaks through 4 to level 3.
Trading carry risk and this is NOT an financial advice. Always invest or trade what you are willing to loose.
Let me know your thoughts.
Thank you.
DOGE - OH, IT WILL BE GLORIOUS - CryptoManiac101DOGE / USD TA
This is a Quick Look at a new pattern Doge is exhibiting on the daily timeframe, forming an ascending triangular pattern which statistically is a highly bullish pattern for crypto markets.
Upon breakout from this ascending triangle, we would be looking at a max conservative target of around $1.00 - $1.27 in December. Keep your eyes open.
This is not a financial advice, and is solely for entertainment purposes.
Next DOGE pop within a month?The chart shows a setup similar to DOGE's previous parabolic rally, with the price breaking out of consolidation and clearing key resistance. The long-term trendline indicates steady accumulation. It appears reasonable to anticipate the next pop within the next month, but this is clearly speculative. We will see.
DOGE - Decision PointHello Doge Fam!
This is where the Tribe mentality of Doge, bound by a sense of Love, has the opportunity to shine. We face a pretty key decision point in continuing our exponential rally to the next big level, or facing the reality of a pull back to close the gap we left when we jumped up from $.20 to $.420 :)
That scenario is shown in orange….
So… whats it gonna be? Will we hold strong as a tribe? Will BTC fail this same test, and trigger a cascade of money flow to DOGE from BTC?
David vs Goliath.
Drummond Geometry - Introduction to Time Frames in TradingDrummond Geometry emphasizes the importance of understanding and utilizing multiple time frames for trading. It outlines that higher time periods (HTP) provide critical directional context, while lower time periods (LTP) offer granular confirmation and entry/exit signals. This interplay allows traders to align their trades with the broader market structure while timing their actions effectively. For example, strong resistance in the HTP might signal a downtrend in the LTP, guiding shorter-term trading strategies within a defined market context.
Trading Idea Based on Time Frames:
Strategy: Higher Time Frame Support/Resistance Alignment
1. Objective : Trade in the direction indicated by the higher time period while fine-tuning entries and exits using the lower time period.
2. Setup :
- Identify strong support or resistance in the higher time period (e.g., daily or weekly charts).
- Confirm the trend's alignment in the lower time period (e.g., hourly or 15-minute charts) by observing price movement or the behavior of key levels like PL Dots.
3. Execution :
- Enter trades on the LTP when it confirms the HTP direction (e.g., breakout of a lower time resistance in an uptrend supported by the HTP).
- Exit trades when the LTP shows reversal signals or approaches a critical HTP level.
This method ensures alignment with the market's broader context while allowing for precision in execution.
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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.