DOGEBULLUSD trade ideas
DOGEUSD - Sellers exhausted?After 644 days in the same range, DOGEUSD seems to have found support. There has been numerous attempts to break lower, but buyers have strongly defended the 0.0614 level.
We have had pretty strong upwards momentum for many weeks and are now seeing a pullback to a decent weekly level.
If buyers can hold this level and the pair puts in a higher low, it's likely that we see more expansion to the upside.
The more time in a range, the stronger the expansion.
All it takes is one Elon Musk tweet...
Dogecoin just getting started. Target price $27 next ATH. Similar pattern in play now as previous years. Possibly more volatility. Markets are moving faster and the 4 year cycle might get shorter and shorter as the gains come faster then long bear markets ensue again. Possible top this October 2024 for dogecoin, and later for other alts. If hyperbitcoinization happens due to dollar index breaking down and starting a decade-long downward trend then doge will go even higher than $27, possibly to $100 and beyond.
Go Doge Go!Wow! This yellow trace is showing the strongest influence, and has great alignment withthe recent flat top triangle pattern. MACD and RSI match well also… and it has begun! Lets run!
18 cents or 22 cents pick one.Elliot wave theory in play. Price made a impulsive move to xreate a higher high. Past wave 1. I'm looking for price to pull back to 0.12278 one more time or 0.10930 either way I'm bullish. I can see price breaking 15cents with no problem stopping at 0.18010 or 0.22861, which are both previous lower highs. From there expect an ABC correction/ wave 2
How does no one see this obvious pattern?Everyone seems to be convinced that doge will take 1 whole year to top out, but based off this chart and the average of the 2 previous cycle dates it will surpass its ath by July of 2024
DOGE WOOLY BULLY Doge will continue to play along for another run. This TPO chart shows it is trying to build back better into the value area following a channel before the pump… LETS GO !!!!
Doge take profitsWhat Is Dogecoin?
Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
Doge, another breakout continuation trade brewingDoge is about to breakout again potentially. Buy on breakout. Stops below last resistance.
DOGE - Spring board loadedHello! This trace shows a relevant projection for doge breaking out of a strap descending wedge shape (pink lines).
With the recent bullish moves, creating an expanding pattern, this could be quite explosive as it breaks out, with plenty of RSI reset now complete, the spring board, feels nicely loaded up for a bounce!
Lets Go Doge Go!
Good Morning DOGE! LFG!Wow! And things are jsut getting started!
Who can name this harmonic pattern with the head and feet at the white arrows? It’s one of my favorite bullish flying monsters… just beautiful! Whats Gartley call that? A shark or a cypher or something… idk.
GO DOGE GO!
DOGE todayLooks like we completed a nice two leg pull back, and have made higher lows suggesting we start the next bullish wave.
Go doge Go!
Doge todaywow! Exciting movements for DOGE, and increasing dissonance with BTC. Could we be de-coupling from the mega giant as it begins to top out?
Very exciting trying to expand and propagate these bullish patterns.
Lets go Doge!
DOGEUSD The time to buy aggressively is NOW!!Dogecoin (DOGEUSD) has so far fulfilled our July 24 2023 call (see chart below) for 6 months of sideways trading and is about to get out of this Cycle's Accumulation Phase:
As you can see on this chart, the price action respected our Accumulation Phase boundaries strictly and is about to form a 1W MA50/MA100 Bullish Cross. When this Cross was formed on each of the previous 2 Cycles, Doge started a rally. In the case of 2020 it was almost instant. We are less than 3 weeks before completing 1050 days from the All Time High (ATH), which during the past 2 Cycles was a benchmark for the start of the Parabolic Rally Phase (green Rectangle).
As a result, we are turning aggressively bullish on Doge, aiming at the 0.786 Fibonacci level of the Channel Up at $2.000. That is a fair Target price but we believe that if the market makes an overextension, we can even see it reach as high as $6.000.
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