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DOGE Perpetual Futures Contract

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DOGEUSD.P trade ideas

DOGEThey're literally sneding Dogecoin to the moon, before end of year, independent of the DOGE-1 mission. Trust me bro, elon liked teh tweet. On a serious note, nothing about Dogecoin is serious, but you get my drift, there are inefficiencies to fill, left behind by the capitulatory price action from late April (4/20 SpaceX event) as well as mid/ late August, both of which are circled on chart. I anticipate that once back above .07 (psychologically significant, yearly open, yearly poc, mid of current range, etc) these inefficiencies will be revisited in a flash, perhaps on or around the Dogecoin to moon mission. Important to note, Dogecoin needs absolutely no reason to make this type of move, but it is fun to speculate on the rumor. Also, please note that I truly belive price can double or even triple a la October 2022 in a week's time. The levels marked in this chart are just the most immediate relevant levels. By no means do I think Dogecoin's short term upside is limited to .09, for example. Higher time frame and higher price target analysis coming soon.
KRAKEN:DOGEUSDLong
by jhonnybrah
DOGEIf this is start of an uptrend, you'd want to be a buyer of support here around September's high and previously October's high before this week's move. Day before yesterday, September's high and the previous October high had been functioning as resistance. Now that we've cleared both levels to the upside, up to but not through the Yearly Open, as anticipated in my post from earlier this week, here and now is a logical place to buy for the seemingly inevitable return to the psychologically significant .07 level, which also happens to be the Yearly Open and Yearly POC and current range's mid. If we start closing above .07 then this opens the door for a test of range highs around .08. See DOGE/BTC post for additional confluence (DOGE is at its range lows against BTC). -jhonny
KRAKEN:DOGEUSDLong
by jhonnybrah
DOGE/USDTime to DCA Doge... ..................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
BINANCE:DOGEUSD
by CryptoTrend-Alerts
Consolidation Breakdown: DOGE price falls below the $0.060 mark.Consolidation Breakdown: DOGE price falls below the $0.060 mark. Morning Star: A potential morning star pattern could retest the $0.060 range. Long-Term Bear Phase: DOGE has been in a bearish trend for most of 2023. Current Price: DOGE is trading at $0.0588 with no significant intraday move. Bearish Engulfing: A sharp 3.94% fall forms a bearish engulfing candle. RSI Indicator: RSI crashes under the 14-day SMA, approaching the oversold boundary. EMA Alignment: Both 50-day and 200-day EMAs maintain a bearish alignment. Lower Highs: DOGE continues a trend of lower high formations. Falling Wedge: DOGE price is trapped in a falling wedge pattern. Psychological Support: Next crucial support is at $0.050. Trend Reversal: A jump above $0.060 could lead to $0.065. Delayed Bull Run: Ongoing bearish trend warns of a delayed bull run for DOGE.
BINANCE:DOGEUSDShort
by Coinpedia-Market-Insight
Will DOGE Price Find Its Tail Under $0.050?DOGE experienced a consolidation range breakout in the 4-hour chart. After the breakout, the price is retesting the range, indicating a possible further decline. DOGE might fall to the $0.050 level. The daily chart shows a falling wedge pattern. DOGE has dropped by 60% since November 2022. There's a long consolidation range, with a fakeout at the $0.64 resistance. Bears currently dominate the market. The 4-hour chart shows clear consolidation with recent fakeouts. Technical Indicators: MACD: Bullish sprout at the support zone and declining bearish histograms. RSI: Dipped below the midpoint but begins a recovery. Potential outcomes: A recovery could lead the price to $0.064. A drop below $0.064 could send DOGE to $0.050.
BINANCE:DOGEUSD
by Coinpedia-Market-Insight
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