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DOGEBULLUSD trade ideas

HolderStat | Memecoins included in the top 100📊 This week’s analysis of top 100 memecoins revealed some surprises: classic memes like DOGE and SHIB didn’t make the top 5 performers or underperformers. Their lower volatility makes them less appealing for quick gains on price growth. 📉 Coins on the Solana network faced notable declines, presenting an opportunity to build positions at lower prices. 🔥 Meanwhile, fresh memecoins across various networks delivered impressive results, grabbing the spotlight for the week.
COINBASE:DOGEUSD
by HolderStat
1
DOGE Forming a Flag Pattern: Major Price Shift Incoming!DOGE positioning its current price range between $0.341 and $0.433. It's still overall same as yesterday range analysis. make sure you understand key level for doge as now forming flag pattern on the chart 🔑 Key Observations: ❗ Breakout from flag pattern could indicate big movement to DOGE 1️⃣ Above $0.433: Valid breakout at this level? Doge is expected to maintain its upward momentum. ⭐️⚡️ 2️⃣ Below $0.341: A break below this threshold could trigger a move toward the nearest support zone, marked in blue on the chart. Stay alert to these key levels and trends to optimize your trading strategy. Follow for regular updates! ✅
CRYPTO:DOGEUSDLong
by ParkJisungie
Measured move for DOGE? Or more crabbing/fakeouts?The more I look over the DOGE charts, the more of a DOGE bull I become! This looks like it's winding up very nicely into a bull pendant- a much more predictable bull pendant than any of the weird crap the BTC perps chart keeps throwing out. It's almost like there are government/enterprise traders who know exactly how far they need to dither each candle to shake out retail traders, just in time for more ETF news... I'm liking DOGE a lot more.
CRYPTO:DOGEUSDLong
by mineyourbiz
Trading Idea for DOGE/USDT: Potential Bullish Flag Pattern The DOGE/USDT chart is currently showing a potential Bullish Flag pattern after a strong upward movement. This pattern suggests a consolidation within a narrow range before the price might continue in the direction of the prior trend. However, for confirmation of the pattern, the price needs to break above the key resistance level. Key Levels: Resistance (Upper boundary of the Flag): $0.4389 This level is the key point to watch. A break above this level would confirm the pattern and suggest a continuation of the upward trend. Support (Lower boundary of the Flag): $0.3345 This level acts as support. If the price drops below this level, it could indicate a trend reversal, invalidating the bullish setup. Potential Scenarios: Bullish Scenario (Potential Breakout): The current Bullish Flag pattern has the potential to trigger a breakout if the price breaks above $0.4389. If the price moves above this level, we expect a continuation of the bullish momentum towards $0.50 and potentially higher to $0.55, depending on market conditions. Price Action: Higher lows suggest accumulation and readiness for upward movement once the key resistance is broken. Bearish Scenario (Failure to Break Resistance): If the price fails to break $0.4389 or drops below $0.3345, the bullish potential is invalidated, and the price could move lower towards $0.30 or $0.25. Price Action: Rejection at the upper boundary or a break below support would signal weakness in the market and a possible trend reversal. Target & Stop Loss: Target: If the price breaks above $0.4389, the first target would be $0.50 and potentially $0.55, based on the height of the Bullish Flag pattern. Stop Loss: Place the stop loss just below $0.3345 to manage risk in case the market moves against the expected breakout. Volume & Momentum: Look for a surge in volume when the price approaches the $0.4389 resistance. A valid breakout is often confirmed with an increase in trading volume. RSI is at 58.61, indicating positive momentum but approaching overbought levels. This suggests a breakout may be likely if volume supports it. MACD shows bullish momentum, with an upward crossover, signaling continued strength in the trend. Price Action Signals: The series of higher lows within the Flag supports the idea of a potential breakout, confirming the market is accumulating before moving higher. Failure to break above $0.4389 would result in price rejection, suggesting a reversal could occur. Conclusion: The Bullish Flag pattern is potentially forming, and a breakout above $0.4389 will confirm the continuation of the bullish trend. Monitor volume closely to confirm the breakout. If the price fails to break resistance or breaks below $0.3345, it could signal a trend reversal, so consider adjusting your position accordingly.
COINBASE:DOGEUSDLong
by abulyan
DOGE USD UPDATE please no So, I know I posted this a while back it gotten all matter of attention probably one of my better performing posts. But here is an update. So we got a small rise which was cool but the breakout we got was not significant (GOOD) enough I don't think to continue a trend upward if this candle closes today Red we can expect a reversal coming in hard, This is a high point for doge in a while and I'm afraid people are starting to take their profits while it's there, I even sold my little $25 position where I manage to double it on this play. So, this is a sign of caution unless this red candle finishes green on the daily, I am afraid there will be a reversal happening now I could be wrong, but it's likely that it will reverse due to the fundamentals of Trading trends and chart patterns. My strategy is to look for good breakouts and then put in a trade and ride the wave upward that's as simple as it gets. But it did not fulfill step one in this trading strategy and that is having a good breakout meaning one LARGE Green candle stick OR 3 similar sized green candlesticks. To be honest that RED candle stick on the daily has me shook to the core. NOT FINANCIAL ADVICE, I AM NOT A FINANCIAL ADVISOR, I AM A REGULAR EVERYDAY GUY WHO IS TRYING TO MAKE IT IN THIS GAME. THIS IS SIMPLY MY OPINION I don't do the whole "smart money", "whales", "FOMO", Etc... Chit chat to me I learned that is just toxic trading and it can be very misleading to people who don't understand. My Goal is to learn and document my findings in a simple way that fellow newcomers can have a simple foundation and grow with me. I am always open to learning, criticism, and debate feel free to correct me if I am wrong and confirm if you agree. I am not a professional, but I am learning to be a better analyst.
COINBASE:DOGEUSDShort
by Christian_J_Cruz
Cut of tea with DOGE and then off to the moonNow that's a cup a can drink tea out of! New trader. Don't really know what I'm doing yet so don't listen to me. Still trying to master impulsive decisions, and emotional decisions. Sentiment around DOGE seems very positive in the past day or so with the price being above moving averages and yesterday (Nov 18th) having broke out of the the triangle thingy. Following a slight correction.... coincidentally around my tea time, we have a cup and handle formation taking place. Once the handle has formed allowing sufficient time for the tea bag to steep we shall get into Elon's rockets for liftoff to the moon. Sometimes rockets malfunction so make sure you have your fire extinguisher nearby (stop loss). In a parallel fashion it appears that BTCUSD is continuing to push to 100k at which point I fear might bring some darker clouds leading to a correction on the pair, and may ultimately pull the key alt-coins down with it (SOL, ADA, SUI, DOGE, etc...). You might be thinking that's total non-sense and I know not what I'm doing --> very true. Drew a fib extension on the chart to give ideas of where the profit could be taking or where the trend may turn around. Good Luck, Encourage! DISCLAIMER: once again, I know not what I'm doing so don't consider the above as financial advice. I'm merely contributing to market sentiment around DOGE as of Nov 19, 2024.
CRYPTO:DOGEUSDLong
by Knowere
5
DOGE leading Diagonal in 1w position, rare figureHere is my alternative waves count. Diagonal in this position is rare figure in both scenarios, a bear and a bull. The ratios are matching for labeling variants. In this situation an external indicators may help us to decide which side is right. A Diagonal is only five-wave structure in the direction of the main trend, within which wave 4 almost always moves into the price territory of wave one and within which all the waves are "threes" or can be labeled 5-3-5-3-5; A Diagonal appears occasionally in the wave 1 position of impulses and in the wave A position of Zigzags. An ending diagonal occurs primarily in the fifth wave position at times when the preceding move has gone "too far too fast". A very small percentage of diagonals appear in the C-wave position of A-B-C formations. In all cases, they are found at the termination points of larger patterns, indicating exhaustion of the larger movement. Ending diagonal often ends in a “throw-over,” i.e., a brief break of the trendline connecting the end points of waves one and three. Have a fat profit!
CRYPTO:DOGEUSD
by dogecoin_chain