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DOGEBULLUSD trade ideas

DOGEUSD about to Breakout! About 5% up on Thursday As many expected, Cryptocurrency has been on fire since FOMC interest rate cut. During Thursday trading most were up around 5% or more. What I notice about Cryptos is that they are sensitive to the overbought scenario and when the liquidity occurs and they are all aligned in more of an oversold condition, the buyers start flooding back in because they know they are sitting on a Value-Product at a bargain oversold price & that can only mean higher prices returning really soon. DOGEUSD until early August was tracking downwards in price in a huge falling-wedge, but jumped out of this wedge and has been consolidating, put on around 5% during yesterday Thursday and is ready to bust upwards in what will be a huge breakout for DOGEUSD, BITCOIN and many of the other BIG-CRYPTO names!
EIGHTCAP:DOGEUSDLong
by Easy_Explosive_Trading
DOGECOIN 2024 — A Massive Breakout Coming?Hello, fellow traders! I'm excited to share an intriguing analysis with you today. Let's explore how Dogecoin DOGEUSD might be following in the footsteps of Stellar's XLMBTC remarkable 2017 bear market and 2018 bull run. By comparing historical charts of Stellar with the current movements of Dogecoin, we could uncover patterns suggesting a significant breakout for DOGE this year and into the next. This insight might help you spot potential trading opportunities in the market. Stellar's 2017 Journey On the top chart, we have Stellar XLMBTC chart from 2017 and 2018: All-Time High (ATH) of 2017: Stellar reached its ATH, followed by a period of declining lower highs during the summer months. Accumulation Phase: Mid-autumn brought an accumulation zone, indicating consolidation before the next big move. Wedge Pattern Formation: A wedge pattern emerged, leading to increased bullish momentum. Breakout to New Highs: Post-wedge, Stellar entered a phase of higher highs, establishing a new ATH at the beginning of 2018. Dogecoin's Current Path Now, let's examine Dogecoin DOGEUSDT on the 3-day timeframe: ATH in May 2021: DOGE hit its ATH and then began a decline into a lower highs zone. Accumulation Zone Since Mid-2023: Like Stellar, DOGE was in an accumulation phase that lasted until 2024. Wedge Pattern Development: In 2024, DOGE formed a wedge pattern, with the price currently residing within this formation. Moving Averages Alignment: Interestingly, the moving averages on both charts behave almost identically, reinforcing the pattern similarity. What This Could Mean The parallels between DOGE and XLM suggest that Dogecoin might be bottoming out and could be on the verge of a significant breakout. While history doesn't always repeat itself, these patterns are worth paying attention to. What are your thoughts on this comparison? Do you think Dogecoin is set to follow Stellar's past performance? Share your insights or any questions you have in the comments below — I’d love to hear your perspective! Remember, the crypto market can be unpredictable. It's essential to protect your capital and manage risks appropriately. A fundamental risk management strategy is to use no more than 1% of your capital per trade. If you found this analysis helpful, please like this post and follow me for more cryptocurrency insights. Stay tuned for more updates!
CRYPTO:DOGEUSDLong
by ArShevelev
1
A Decade of DOGECOIN Brilliance. x100 Potential Hidden?!🎉 Happy 10th Anniversary, DOGECOIN! 🎉 December 6th, marks the 10th anniversary of DOGECOIN's genesis. Initially created as a light-hearted meme coin, it's become a significant player in the crypto space. The BINANCE:DOGEUSDT price chart tells an intriguing story. Currently, it's showcasing a repeating pattern – Descending Triangles. These patterns have historically been precursors to substantial upward movements. Dive into the clear chart representation here: In the past, these triangles paved the way for remarkable gains, including an x66 surge in 2017 and an astonishing x238 leap in 2021, fueled by none other than Elon Musk. On the weekly timeframe, this movement resembles a light breath, but in reality, holding onto this for the long term can be a challenging task. It's crucial to approach it with a solid risk management strategy. Strap in for the ride and ensure you're equipped for the DOGE rollercoaster!
CRYPTO:DOGEUSDLong
by ArShevelev
20
DOGEUSD – Cup and Handle Breakout: Scalping to the 0.618 Fib Well, it looks like DOGE has broken out of the cup and handle pattern we were watching. With this breakout, the next immediate target is the 0.618 Fibonacci retracement level at $0.116, which represents a potential 10% move from the breakout point. This level is crucial for traders looking to scalp quick profits before deciding on further direction. Given the strength of the breakout, there’s a good chance we’ll see the price push up toward the 0.618 Fib level. If you’re looking to scalp, this move offers a solid short-term opportunity. However, watch closely for any signs of a reversal or hesitation around this resistance level – breaking through it could lead to further gains, while rejection might pull us back to test previous support levels. In short, with DOGE pushing past the handle breakout, a scalp to $0.116 is looking like a good setup for a quick 10%. Keep an eye on momentum as we approach this key resistance level.
BINANCE:DOGEUSDLong
by Blockbullder
Doge descends no more! Pattern breakout could see a 98% surge. The chart indicates that Dogecoin (DOGE/USDT) has already broken out of the Descending Triangle pattern, signaling a potential shift in market sentiment. With this breakout, here’s a closer look at the critical elements and price projections moving forward: 1. Descending Triangle Breakout • DOGE has broken out of the descending triangle to the upside, defying the usual bearish continuation pattern. This breakout suggests a bullish reversal or at least a short-term upward movement. • This breakout could signal a shift in momentum, with DOGE moving toward key resistance levels. 2. Weekly Hidden RSI Divergence • The hidden bullish divergence in the RSI further supports this breakout. Even as price made lower lows, the RSI’s higher lows indicated building momentum, which has now translated into an upward move. • This divergence suggests that the current breakout could have legs, leading to further price gains. 3. Fibonacci Extensions & Price Targets • $0.2067: This is the key Fibonacci target, representing the 96% retracement level. Given the breakout, this is the immediate price target and aligns with past support and resistance levels. • $0.2812 and $0.3305: These are resistance levels within the broader resistance zone. Once DOGE breaks through $0.2067, this zone will be the next major test for bulls. 4. Price Projections • Short-Term Outlook: With the breakout confirmed, DOGE’s immediate target is $0.2067, representing a significant gain from the current level. • Medium-Term Outlook: If DOGE clears $0.2067, the next focus will be the resistance zone between $0.2812 and $0.3305. Overcoming this will be crucial for sustained bullish momentum. • Long-Term Outlook: A successful push beyond the resistance zone could open up the possibility of a broader bullish cycle for DOGE, potentially leading to higher price targets contingent on market sentiment. Conclusion Dogecoin’s breakout from the descending triangle, supported by the weekly hidden RSI divergence, marks a bullish shift. With the immediate target at $0.2067 and further resistance at $0.2812 and $0.3305, DOGE could be set for a sustained upward move. Volume and market sentiment will be key to confirming the strength of this breakout.
BINANCE:DOGEUSDLong
by Blockbullder
3
DOGE and XRP Caught Waiving goodbye to BTC - Take Crypto Leads When this starts you're going to wish you bet your entire house on the market. Doge should reign supreme and come out as the Crypto King possibly seeing the lows of the current range that BTC was in (20k - 80kish). XRP should see at least $5600. More news at 6.... FYI After this crypto event you won't make money or get rich from crypto ever again. Not like this. It will all plateau for the next 30 years. We're going to see three 2017 runs in one month. literally like 20000X. For you smart ones, jump the rope. Don't be afraid to dip your hand in the pit (twice). ITZYABOI - Antizma
KRAKEN:DOGEUSDLong
by xntizma
Unlocking Potential: 59.90% Probability for DOGEUSD ATH Bullish Fundamentals for Dogecoin 1. Increased mainstream adoption: More businesses and platforms are accepting Dogecoin as a form of payment, expanding its real-world use cases. 2. Growing community support: The Dogecoin community remains active and passionate, driving continued interest and development. 3. Potential technological improvements: Ongoing discussions about upgrades to Dogecoin's blockchain could enhance its functionality and appeal. 4. Positive market sentiment: As the broader crypto market shows signs of recovery, meme coins like Dogecoin often benefit from renewed investor interest. Using Probabilities for Long Positions I'm utilizing probabilities on my charts to get positioned into longs for DOGEUSD. This strategy aligns well with my bullish bias on DOGEUSD, allowing me to capitalize on potential upward movements in a more calculated manner. 12M: 3D: 1H:
CRYPTO:DOGEUSDLong
by Jasminex1x2
1
(LONG) Dogecoin getting ready to pump, like usually.If historic price action mean something dogecoin is getting ready to fly, you can see that especially on the weekly and monthly timeframes. At naked eye you see it, see even better if you plot fibonacci time zones, and some moving averages on the chart. Imo with proper risk management is a good long opportunity. 
PS: the orange vertical line is there bcause that's wen the price closed above my sma's, the blue line is there just bcause we're in august
BINANCE:DOGEUSDLong
by g_mkvl1
1