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DOGE Perpetual Futures Contract

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DOGEUSD.P trade ideas

DOGE Price Increases by 170% in Less Than 2 MonthsDOGE Price Increases by 170% in Less Than 2 Months On February 1, 2024, the DOGE/USD rate was = 0.0783. On the last Friday of March, it rose to 0.2150. The rising price means Dogecoin is now the eighth-largest cryptocurrency in the world by market capitalization, overtaking Cardano (ADA) and Avalanche (AVAX) in recent days. The reason for the positive sentiment is the support of the token from Elon Musk. As the Independent writes: → Rumors have intensified that Elon will integrate DOGE into his social network X (Twitter), which he planned to make “an app for everything.” Musk's other companies, SpaceX and Tesla, already support payments in Dogecoin. → According to Elon, Dogecoin has the potential to become the main online currency due to its ease of use and efficiency. → The billionaire also said that DOGE could become the official currency on Mars if SpaceX can establish a permanent human colony there. → The price of DOGE/USD is also supported by the general bullish trend in the cryptocurrency market. The DOGE/USD chart shows that: → the price moves within an uptrend (shown in blue); → the price of Dogecoin has overcome the psychological level of $0.2 per coin; → the price is near the upper border of the channel - the price action on March 28-29 can be interpreted as an attempt to break through this resistance. But will this attempt be successful? The RSI indicator may form a bearish divergence - a warning about a possible correction. It is possible that long holders will want to take profits after the impressive growth, which will put pressure on the Dogecoin price, returning it closer to the channel median line. *At FXOpen UK and FXOpen AU, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules and Professional clients under ASIC Rules respectively. They are not available for trading by Retail clients. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
COINBASE:DOGEUSD
by FXOpen
1
Is an accumulation phase likely and how long might speculation hwill an accumulation phase begin now and end with a late April/ early May reinvigorated impetus along BTCUSD's ''planned' parabolic store of value conflationary vortices, into which there are varieties, spanning reconcurrecy noise between crosscurrent, clockwise up/down, anti-clockwise up/down, and others, from the realm of light and bells equivalence... what does a three body problem look like if pulses come from equidistant 'stars'... Overlays between symbols and symbol timeframes, each view also with timed sequence line displa, well it could cut down on the chattery noise of extended myopia of frequent analysis within a few weeks of activity, made particularly rich by the trend line feature, and coincidence at times with those trends. With BTCUSD hitting its all time high, it seemed coincident signaling leading through the retest would be DOGEUSD. And so, a temporally sensitive question, assuming at this now both symbols will range into May, instead of continuing to rise now and in probably most of April. Analysis here would be helped by charting major yearly over monthly, weekly, daily charts. For my level of attention comparisons between one and three day charts seem to balance well against high frequency turbulence of highly volatile, voluminous, or trend setting / following impulses and impellers.
KRAKEN:DOGEUSD
by latticephreak
2
After hitting previous targets Doge now above invh&s necklinePrevious target was 21 cents which Doge has just recently hit and in doing so doge also create a larger inverse head and shoulder patterns which its price is currently above the neckline of now. Very possible the price dips back below the neckline once or twice before finally having the break above the neckline tat trigger the breakout of the inverse head and shoulders pattern, but as always its also possible it could validate the breakout on the current breach of the enckline. If it were to validate the breakout on this initial breach above the neckline, the next target woud be around 36 cents. *not financial advice*
BINANCE:DOGEUSD
by DrDovetail
An update on my dogeusd chart.Doge finally triggering the breakup from the tan channel after doing a fakeout the first time it got above the top trendline of the channel. Sizable pump that is already getting rather close to reaching the full target. We can also see that we have broken upward from the purple symmetrical triangle right at its apex which has an even high target. The current candle body resistance is also the top trendline of an even bigger triangle doge has been consolidating inside for awhile. We will have to break above it in order to hit the full target of the tan channels breakout, however it is still a good probability that once we hit the full target of the tan channel breakout, priceaction could then dip back down and still close inside of the bigger triangle pattern for awhile. Being at this almost hyperparabolic phase of the bull market though its also quite possible we retest the top trendline of the bigger triangle as support after hitting the full tan channel breakout target too, in which case doge would continue up from from here once it solidified that support and start working on validating the breakout of the bigger triangle.
BINANCE:DOGEUSD
by DrDovetail
4
Doge Howling at the MoonEvery cycle Doge wakes up & has a run past it's last high. With Bitcoin crossing it's last all time high & the market heating up it's due time for a nice run on Doge. This is confirmed by Doge breaking out of it's consolidation range & the Ichimoku cloud crossing & turning green. You may be wondering ok but where do we cash out? This is where the fib extension can lend a hand, applying it from the last high to the last low we can see the important levels. Nothing is guaranteed so it's important to see how price reacts to each level. Special attention should be given to the 0.5 and 0.6 extensions, if these areas don't cause price to reject back lower we should see price go back to test all time highs. Personally I'm looking at the $1 range to start de-risking and start cashing out.
BINANCE:DOGEUSDLong
by sachu_blessyou
DOGE/USD T Bullish Momentum, Support Zones, and $1.60In this DOGE/USD trading analysis, we examine the market movements since 2021, highlighting the rapid rise in price that surpassed the previous all-time high (ATH) and extended into the TP (take profit) zone. Identifying major structural zones on the line chart, a common pattern emerges, signaling another potential bull run for this cycle. Support has been established around the $0.05 level, confirmed across weekly and monthly timeframes, after hitting our TP zone and displaying strong momentum. While we may have missed the ideal loading zone, indicated by the break through the bullish flag pattern, attention is drawn to potential loading zones around the $0.17 or $0.10 levels. A less likely scenario involves a retest of the $0.05 level, with the $0.10 mark showing stronger structure on the weekly timeframe. Current TP levels are set at $1.60, but caution is advised regarding the previous ATH, which may act as resistance. Scalpers should be cautious around the TP level, considering the previous TP level was surpassed. As always, it's essential to acknowledge that trading involves inherent probabilities, and the analysis provided here does not constitute trading advice. Traders are urged to conduct thorough research and manage their risks accordingly. Dollar-cost averaging is underscored as a prudent approach, with a reminder that investing often yields better results than frequent trading. Wishing all traders success and profitable trades. Keywords: DOGE/USD, trading analysis, bullish momentum, support zones, TP levels, loading zones, bullish flag pattern, resistance levels, dollar-cost averaging, investing, risk management, trading advice, scalping.
BINANCE:DOGEUSDLong
by PlutusX
Doge Megabull targets $2-3 by November 2025 - Up to 3,000% gainsHi everyone! Today, lets dive in the technicals and boom and bust cycles of Dogecoin: Short-term: Doge will likely for the rest of the 2024 year remain in sideways and bound in the wide range delimited with the: Support block (green box) at: 0.056-0.036; and, Top resistance block (red box) at: 0.11-0.16c. In the incoming days / weeks, I am expecting doge to rally (a bit similar to the blue fractal as reference) towards the top resistance block (red box) at 0.11-0.16c which would be a great opportunity to take a little profit off the table there. There is a chance that doge retraces down from that resistance block to the 0.07c support block again which would be a great rebuy in 2024. I do not anticipate lower target unless there is a black swan even, but I do not expect any currently. Midterm: There are clear patterns that repeat across Crypto on altcoins which I always point to for those familiar with my charting and in this case doge is clearly displaying those bottoming bull reversal patterns although still unconfirmed: (1) Basing with a double bottom at 0.056-0.036c (2) Rounding bottom (half blue circle) Long-term: Dogecoin has still not broken the top resistance block (red box) at 0.11-0.16c and is still very far from breaking the previous ATH at 0.74c~. So buying know at 0.088c (see the WE ARE HERE arrow) is still considered an extremely cheap entry and you could still make a whopping 3,000% in gains if my 2025 forecast plays out as expected and we see Dogecoin top at either T1: $2 or at T2: $3 by October 2025 through December 2025. Looking further ahead at the next bear market of 2026-2027 and based on the repetitive boom and bust cycles of doge and crypto, we could expect the final bottom to shape a nice rounding bottom bull reversal and double bottom buying opportunity at 0.61-044c! Closing Notes: This multiyear Dogecoin chart is my attempt at forecasting the action of doge for the next 4 years and will be updated regularly. Please give a like and follow to this chart if you appreciate this chart and the work put behind it. Best of luck and happy trading! Carl M.
POLONIEX:DOGEUSDLong
by BitcoinGuru
4
The game is not over yet !!!!!!!Hi everyone, I hope you are doing well. I believe this is a great opportunity for those who have not yet entered. I think it's a good place to add or buy in the spot. Further levels are shown in the chart. I believe it is just pull back !!! Risk Reward 1/3 (HIGH RIsk) BINANCE:DOGEUSDT COINBASE:DOGEUSD CRYPTO:DOGEUSD BINANCE:DOGEBTC Disclaimer: This information or service is for informational purposes only and is not intended to be personal financial advice
BINANCE:DOGEUSDLong
by sepehr_sanjar
Doge Sideways Until March 2024The vertical red lines are the time range of when Dogecoin is going to rally. We will be going down and up in a range until March 2024. Within the next 3 months, is the best time to accumulate BTC and alts. The bull market will last around 450 days after halving. The crypto market cap will go between 10-12 Trillions this coming cycle. The best time to take profit will be mid 2025 or closer to 2026. Sell your crypto to USDT (and stake it during bear market) or Cash (P2P). Not to your bank.
BINANCE:DOGEUSD
by DigitalRevolutionPhase5
6
Continue the trend! This correction pattern is enoughDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody
KRAKEN:DOGEUSDLong
by mehdi47abbasi79
DOGE Dogecoin May Be In For A Deeper CorrectionShort term Doge looks like its in trouble. It looks like a big move down is imminent. Bearish pennant, bearish cross 50 over the 100. A significant move down in Doge and the whole market is about to happen in my opinion. I could be wrong and this is a fake out and we blast to the upside but look at Litecoin and what happened when the 50 crossed over the 100 just recently and now the 50 is crossing over the 200 on Litecoin. If Bitcoin drops to 50s then expect this to happen 100% and possibly even lower targets as the new people who just got in with their rent money sell at the bottom. Could be a fire sale if a person is in the right place at the right time. Not financial advice just my opinion , Good luck out there A closure above the 100 SMA blue line and then the previous high on a 4 hour candle would invalidate this whole thing and Doge will continue its rally to crazy new all time highs. Im leaning towards a correction on this one. WEAR AN EXTRA SHIRT IN CASE YOU LOSE THE FIRST ONE :)
BINANCE:DOGEUSDShort
by Bitgolder
48
DOGE's Ten Year CycleHello all, The below information contains my thoughts on DOGE. Also, it's not trading or financial advice. I find DOGE to be one of the more repetitive altcoins out there due to its past performance and similar chart patterns as you can see on my chart. Since, September 2014, DOGE appears to go into 40 month cycles, as evidence from Sept 2014 to Jan 2018, and again from Jan 2018 to May 2021. The next 40 month cycle or phase 3, would be from May 2021 to Sept 2024; in other words, this is an overall 10 year cycle (Sept 2014 to Sept 2024) that is undergoing development. DOGE's highest market cap ever was reached in May 2021 ($103.16 B). If you see the target (~ HKEX:11 ) for Sept 2024, that would be a market cap of ~$1.5278 T! That's a pretty insane market cap considering BTC's highest ever market cap was ~$1.16 T in Nov 2021. In phase 1, the DOGE's consolidation period was 13 months before a large move up; in phase 2, the consolidation period was 18 months. If we use either of those two number for our phase 3 breakout, that would put us somewhere between Nov 2023 to Apr 2024. That can be detrimental to the psyche of a permabulls as that's another 7-12 months of sideways action. So now what? We just sit on the sidelines until a breakout? That can be one option, but the other can be to sell at range highs $0.127 and buy at range lows $0.675. Those are upwards swings of 91% (if you bought at range low and sold at range high) or a solid downward move of 48% if you want to short at the range high. I think either way you look at it, the best option is to DCA through 2023 and wait for 2024. I would like to hear your thoughts on my analysis or your own analysis of DOGE over the coming 12 months. thank you and keep those bags safe!! tg
BITTREX:DOGEUSD
by Griffin0318
2
Will Doge hit $.69 ?Hello, Im curious... will we all agree on $.69 till the end of the month (pay day). Doge can get up there on this run, and then maybe he will move sideways to pick up that red support vector as the whole world gets on board. What would the lower end of that range be?? the white trace suggest $.25 cents... but that's not a very inspiring number. I like $.420 better for the low end of the next level of this game. and look how it lands at the implied vertex of all of these levels! Beautiful! my advice to our doge fam... just don't panic. so If everyone sets their perspective bullishly when buying and selling.... we dont have to have massive corrections to gain support. It's up to us if we get scared or not. This is a graph of emotion, tied to a representation of man's best friend... What emotion do dog's invoke? ! hmmmm... I heard funny things about LOVE... like it's an infinite force... powerful indeed... enough to overcome Fear & Greed? That is the journey from dark-to-light that each of us is on... overcoming our fears and moving our energy into the place of love with the perspective of abundance. (that means set your rebuys above the last foot... maintain the higher lows... one step after another. that maintains the upward slope of the support vectors (bullish and not bearish)... until we get sideway to pick up the next support vector. and then we go for another run. Doge run's, then walks for a rest just rest... But a good dog doesn't panic. got it? ...thats the plan... comment below if your on board with it, and lets go for a run! -may all beings on earth be happy and free.
CRYPTO:DOGEUSD
by DHLawrence
3