Final Doge Conclusion and Trading PlanI've thought long and hard about this pattern. We've seen Doge play this pattern out several times before but not twisting space-time like it is. After a long and hard deliberation and study, I've concluded that in order for BTC and DOGE to close the circuit to the bottomless pit and meet at their numerical (human) zero values, their must be a huge elevation in volatility. Therefore I expect to see sides of both BTC and DOGE that we've never seen before and will only occur this one time because they were prepared for the circuit closing.
Some fundamental differences that I see with both DOGE and BTC:
1. BTC is not under its 6 month support zone, DOGE IS.
2. DOGE seems to have good support around the 8 - 12 cent region, BTC has no real psychological support until 3.5 - 4.5k.
3. Its going to be tougher for DOGE to hit its zero marker than BTC because there is so much support here. Therefore, its going to need to fall from a parabolic high in order to reach it.
This is a mid-term trading plan, after DOGE bounces off the .10 cent region again, its high is where the FOMO brings it. My guess is around $3. It'll then toppled quickly to its zero mark well below a penny. BTC should tap around the $200 region once again as well.
Note: I fully expect this to all take place before Trump wins the election this December. They're going to collapse the market so he has to fix the state of our country once again.
Happy trading and God bless you all.
DOGEBULLUSD trade ideas
DOGE: SEE YOU IN 2025?Hi guys, it's been a while seen my last analysis.
Here is what I found based on previous similar movements.
Will be the same again? Idk but similaties are here to help us understand the market.
I'm long on Doge from months, so if this happen again means to be patient until 2025 first quarter.
Patience is key & to make 10.000% we need real FOMO, atm there is no interest across market.
Let's see.
DOGEUSD: Bull and Bear scenariosDoge broke a critical price level for me and now I am on the sidelines and looking for a re-entry. At this point I am considering my primary bull and bear case in the chart. Either way, we should see a directional move shortly. If we see a higher high above $0.144, there is a good change that the diagonal pattern is still active and most likely it is the leading diagonal for wave 1 of 5. Expanding diagonal is supposed to be more evident in wave 1 and contracting ones are wave 5. In this case the green count should bring us back to these current levels again and I will be more inclined to jump onboard at that point.
On the other hand, if the intermediate degree wave 4 is still in play, then we should the last leg down for wave Y which can drag thing down below $0.05 or can get support on the trendline at around $0.06.
At this moment Doge is trading in a no man's land. Decision time might be soon (in the next 30 days).
Potential upside continuation with huge upside potential Hello traders,
PA tapped into an area of value:
- PA broke the lows
- PA formed an ending strucure within the bullish continuation pattern
- Still in line with the higher timeframe narrative
- Seems like it's getting stronger against BTC and ETH
DOGE = LOVE, Not FEAR.Hello! This white trace is my current favorite projection for DOGE.
I believe that DOGE is uniqueโฆ it insights the emotion of LOVE. Manโs best friend. Unconditional love.
The world is waking up and transitioning from the fear based 3D matrix world mentality and back to a 5D energy based worldโฆ emotional awareness and the force of LOVE reign supreme over the new world we are entering.
Do you feel it? Do you love DOGE?
Does bitcoin give you FOMO? Or just straight FEAR, with all the dirty Black rock money linked direct to it now. The graph of fear and greed is very volatile. Highs and lows.
The graph of a building a tribe using the power of love looks more like climbing a Pyramidโฆ a step up and a lap around, repeat.
Our old resistance levels turn support have been checked in on, LFG!
Dogecoin Buying Opportunity?As you can see on the daily chart, dogecoin is trending downwards in this channel. Buyers seem unable to break above .12800 resistance at the moment.
If price breaks below the support line, I will wait to see how price reacts to the potential buy zone for a long position/dead cat bounce.
If price retests the support line and doesn't break it, I might enter for a scalp to the upside.
If price breaks above the channel and creates a new trend upwards, I will enter long.
What are your thoughts on dogecoin?
COINBASE:DOGEUSD
Dogecoin 5-waves down exhaustedDogecoin price acting like i predicted. In accordance with my base scenario the 5 ways down structure is exhausted at this moment. Congratulations!
I see 3 probabilities how the price may continue developing. First of all, 5 waves down are never the end. Therefore, we could see a correction ~ to USD 0.103 if a Double Zigzag develops. You can see the target of the Double Zigzag in the screenshot.
A bit more globally, if we have a Leading Diagonal the price may correct up to 0.43 USD. But that's not my base case scenario.
One step back, on a primary Elliot waves degree level, there is a probability that the global wave will work out more rude right now. The targets i have mentioned earlier.
Doge: Loaded the bag again...with a stop lossThis week's waterfall selling hit my stop loss at around $.12 with about 20% profit. But I loaded the bag again when I got a buy signal on the fib golden zone around at $.11. Now have a very tight stop loss right below the wick of today's candle in case this bounce is not a sustaining one. If momentum picks up, this could be rocket move we've been waiting on for months. it breaks below again, then I will get stopped out again with very little loss. The profit That I incurred from the last trade should sustain 4 or 5 bad trades if things don't work out. However, I am looking for an elevator ride to $.20 on this leg to complete the A wave of 5 on the minute degree.
Dogecoin forecast for 4/20 & Bitcoin HalvingA simple idea on how Doge will go up in the next days ahead of the Bitcoin Halving and the most anticipated 4/20 date. Lots of exciting things coming up this weekend!
Given the fact that the Daily chart of Doge is finalizing its downtrend pattern, we could see a bounce back to 20 cents this weekend.
Much wow!!
Dogecoin On The Rise!! .. But For How High??Here I have Dogecoin on the Daily Chart!
Starting with Technical Analysis:
Since its visit at the High in Dec. 2023 (.0945 - .1020) Support Zone, Dogecoin has had quite the Bullish Run!
Currently this rally is being halted @ .1363 as Price is testing not only the (.1280 - .1440) Resistance Zone but the Falling Resistance based off the Highs in March & May!
If price is able to overcome these obstacles ..
What lies in wait??
..Previous Highs
1) Price will have to contend with the (.1700 - .1800) Resistance Zone
2) Price will have to contend with the (.1990 - .2200) Resistance Zone
.. After that, well lets just focus on the here and now
*Based on the bearish pressure Dogecoin is facing considering on the Daily, Price is hitting Resistance Bollinger Bands, we could see a drop to the down side to test the (.1280 - .1300) area this rally was able to Break IF the Falling Resistance is able to Hold Price Below it's current High @ .1363.
*IF this drop is contained by the (.1280 - .1300) area and price is able to stay relatively above the 200 EMA, this could be good indication of Bulls in the area ready to push price higher!
Now Fundamentals
There's already been a lot of hype on the cryptocurrency for those who follow the fundamental side of trading with the ENOROMOUS transaction made with said currency:
www.tradingview.com
Along with the strong boost to cryptocurrency by the "Pro-crypto stance under Donald Trump's Leadership - should he win - will further fuel enthusiasm."
www.tradingview.com
*I currently hold 107 Dogecoins but could be looking to add very soon
-Stay Tuned!
DOGEUSD No time left! If you want to BUY do it NOW!Dogecoin (DOGEUSD) has been filling out our July 24 2023 call (see chart below) with impressive precision so far as after 6 months of sideways trading within the Cycle's Accumulation Phase, it posted the Bull Flag that typically precedes the parabolic rally:
Technically this implies that there is little (if any) time left before DOGE starts its aggressive rally phase where traditionally it doesn't offer many opportunities to catch it. The Sine Waves that accurately grasp the Cycle's Top, show that the coin will be entering its Peak Phase at the start of next year and may last until May 2025.
In any event, back to today, with the 1W MA100 (green trend-line) holding this month, the Bull Flag is about to break upwards and our Target remains the 0.786 Fibonacci level of the Fib Channel at 2.000. An overextension Target for those who wish to leave some coins running, can be 6.000, right at the top of the pattern.
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