Doge: Could history repeat itself?The last cycle and current cycle are looking extremely similar. Price finally decided on a direction, and it has been a ripper so far. Overlaying the parabolic run from last cycle may give us some ideas. Will it play out exactly? No one knows. Will there be pullbacks along the way? you bet your behind. I am gearing up for BTFD and have accumulated a little bit outside of the box. But I am not going to risk it all by going all in all at once. I will set stop loss even if it is a little far away from the liquidity grab areas...
DOGEUSD.P trade ideas
$9 DOGe!hello,
Here is the all time view of DOGE, jsut incase anyone needs a reminder of what he is capable of when he goes on runs.
Relevant projections are fit to the myriad of relevant levels, recreating the future from the recent past. Some of my favorite (psychological) price levels are annotated in red on the right. Iโll be looking for buy and sell opportunities near those levels.
I dont actually think we will make it to $9 on this pushโฆ we are already at a lower angle channel than they represented it seems. But, i would love to be proven wrong on that! LFG!
LOVE, DOGe!
Doge Rain Doge Rain. I never meant to cause you any sorrow
I never meant to cause you any pain
I only wanted one time to see you laughing
I only wanted to see you laughing in the Doge rain
Doge rain, Doge rain
Doge rain, Doge rain
Doge rain, Doge rain
I only wanted to see you bathing in the Doge rain
I never wanted to be your weekend lover
I only wanted to be some kind of friend, hey
Baby, I could never steal you from another
It's such a shame our friendship had to end
Doge rain, Doge rain
Doge rain, Doge rain
Doge rain, Doge rain
I only wanted to see you underneath the Doge rain
Honey, I know, I know, I know times are changin'
It's time we all reach out for something new, that means you too
You say you want a leader, but you can't seem to make up your mind
And I think you better close it and let me guide you to the Doge rain
Doge rain, Doge rain
Doge rain, Doge rain
If you know what I'm singin' about up here, come on raise your hand
Doge rain, Doge rain
I only want to see you, only want to see you in the Doge rain
My rendition of this chart/ RIP Prince for bringing up such 'n such on a talk show only to end up with his demise 6 months later. hmmm! Yeah! but no such thing as such 'n such a manipulation though. carry on!
Weekly chart self explanatory ;-)
6 month bullish timelineI'm not trying to make my chart go famous. So no technical talk here. You know if you know. We have been waiting for this moment. It's time for a repeated timeline or the beginning of a new pattern.
Also, please keep the market cap argument in your wallet. Stop making that argument as if Doge never passed previous bitcoin highs, a corporation's market size, a nation's GDP, etc. Liquidity =/= market size.
Dogecoin Analysis: Potential Cup and Handle Formationhello guys.
Pattern Identification: This chart suggests a potential "Cup and Handle" pattern, often considered a bullish continuation pattern. The rounded base forms the "cup," followed by a consolidation phase that could complete the "handle."
Support Levels:
The range between $0.05 and $0.07 shows strong historical support, providing a base for the current uptrend.
Additional support is seen around the 0.382 Fibonacci level, at approximately $0.0889, which aligns with previous resistance and current price action.
Resistance Targets:
If the handle pattern completes and breaks upwards, Dogecoin could potentially reach $0.38 and $0.52 as intermediate targets.
A breakout above the patternโs neckline could lead to a long-term price target in the $3.80 area, aligning with the higher resistance levels shown.
Outlook: A successful completion of this pattern might signal a bullish reversal for Dogecoin, but confirmation is needed. If it fails to hold support levels, the price could retest lower levels, particularly near the 0.618 Fibonacci retracement.
Inverse Head & Shoulderson DOGE has a 28 cent targetNow that the falling wedge breakout target for DOGE has off cal been hit, this inverse head and shoulders pattern is the next in line to reach its target around 28 cents. Pullbacks along the way to the target are always possible since we just hit another patterns full target. *not financial advice*
DogecoinBesides Elon musk's games and ploys on Dogecoin, this coin has some room for growth; at least based on technical analysis. If we look at the chart there is a big and wide upward channel, and price is approaching the bottom of the channel. Also, Fibonacci time analysis shows the end of the current downtrend wave is almost near. Let's see what happens.
DOGECOIN! TIME FOR A SHOW AROUND THE CORNER.Hello traders, after a long break, time to dust off your wallets ;)
We are starting the race for the best currency after Bitcoin.
DOGE takes second place in the top ten, after Goatseus Maximus, a cryptocurrency promoted by artificial intelligence, which has risen by over 40%.
It is worth noting that dogecoin peaked at $0.2156, the highest since early April. At this peak, this meme coin saw an increase of over 51% from its lowest level last Sunday.
The reason dogecoin is doing so well is that Elon Musk, the CEO of Tesla (NASDAQ:TSLA), X and Space X, has become one of Donald Trumpโs most vocal supporters in recent weeks.
Musk has often said that dogecoin is his favorite cryptocurrency. The billionaire also designed the Department of Government Efficiency, a new government agency aimed at making the US bureaucracy more efficient, with the acronym DOGE in a deliberate nod to the meme coin.
It is therefore possible that DOGE will continue to rise if Trump's victory is confirmed and the Department of Government Efficiency becomes a reality. In the meantime, volatility may accompany us.
considering the time since the Bitcoin halving, which is 6-7 months, we can count on some earnings with great certainty/
- Of course, this is not an encouragement to invest, but only a curiosity.
Regards and I encourage you to follow.
Dogecoin pump this weekend perchanceI think dogecoin might break .22 resistance this weekend, Sat oct 9th and Tues 12th look like good times to run. Doge was at 50bill+ cap already without all the dope new recent developments, not too many haters and bears lately.
Breaking .22 will be much wow and super soon I think of course dont sue me i'm not your advisor or daddy.
GL Bulls and eat a wizard finger bears.
DOGEUSD Its Parabolic Growth Channel targets minimum $3.500.Dogecoin (DOGEUSD) is having an excellent bullish run since our last buy signal (October 17, see chart below), hitting all targets in the process:
As the price broke above Resistance 2 as well, we now zoom out to the long-term charts again (1W time-frame) where Doge's historic trend is more clearly displayed. The underlying pattern that it may have gone unnoticed is a Parabolic Channel, which we call Doge's Parabolic Growth Channel (PGC).
This Channel encompasses all of Doge's Cycles and only broke once (to the upside) peaking during last Cycle's mania (April 2021). Furthermore, this week the 1W MA50 (blue trend-line) will complete a cross above the 1W MA200 (orange trend-line), forming the 1W Golden Cross, technically a very bullish pattern.
The last time this was formed was on the week of December 28 2020, right when the Bull Cycle's Parabolic Rally (green Rectangle) started. That reached the 1.618 Fibonacci extension and as mentioned rose even further, breaking above the PGC. The 1.618 Fib is of high importance as this is where the January 01 2018 High of the first Cycle was priced.
At the same time, the 1W RSI is already on a Bullish Cross since the week of October 07 2024, which is exactly what happened again during the previous two Cycles, where it preceded the Golden Cross of the price.
As a result, we believe that Doge has started its Parabolic Rally, the final and most aggressive part of the Bull Cycle, and based on the previous 1.618 Fib peaks, we are expecting at least a $3.500 High.
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Doge SellAhmadarz analysis based on the DOGEUSD chart:
Chart Analysis:
Resistance Zone (Sell Zone): Around the $0.22โ$0.23 range, there's a visible resistance level where sellers could potentially take control. The price has approached this upper zone but appears to lack momentum for a breakout. This level is marked in red on the chart and labeled as the "Best zone for Sell."
Support Zone (Buy Zone): The support zone lies closer to $0.115, with the area marked in green as the "Best zone for Buy." If the price falls to this level, it might attract buyers, providing a good potential entry point for a rebound.
Current Price Action: The price recently made an upward push but faced rejection near the resistance zone, suggesting a potential trend reversal or correction. The price is in a consolidation phase, bouncing around near the resistance line. A drop could lead the price back down toward the buy zone.
Trading Signals ๐๐
Sell Signal: If DOGE/USD continues to face resistance around the $0.22โ$0.23 level, consider a sell entry in this range. Confirmation with candlestick patterns like bearish engulfing or a clear rejection might add more strength to the signal. ๐ฏ Target for this position could be near the next support zone around $0.15.
Buy Signal: If DOGE/USD declines towards the $0.115โ$0.12 support level, this could offer a buying opportunity for a rebound. Buyers should watch for a bounce or bullish patterns near this level. ๐ Set a target around $0.15โ$0.17 for potential gains.
Risk Management โ๏ธ
Stop-Loss for Sell: If entering a sell position near $0.22, a stop-loss around $0.23 would limit potential loss if price breaks out of the resistance zone.
Stop-Loss for Buy: For buy entries near $0.115, a stop-loss below $0.11 would be a protective measure if the price continues down.
Sell Signal ๐
Entry: $0.22 - $0.23
StopLoss: $0.235
Targets:
TP 1: $0.20
TP 2: $0.18
TP 3: $0.15
TP 4: $0.12
Conclusion ๐
This chart suggests a range-bound scenario with key levels to watch. Traders could look for sell opportunities near resistance and buy opportunities at support.
DogeUsd moves up but watch 4 Bitcoins break above 76,522
Bitcoin is making a sluggish return to the long-side in trading today, so DogeUsd is following suit.
But Bitcoins next leg-up is dependant on a Top2 system 'taking' and a BTCUSD move above price 76,522 should ensure Bitcoins next bullish move but also DogeUsd.
My other pick at the moment is Cardona, ADAUSD which I picked Long at 0.33 & is now at nearly 0.39, however it's chart is indicative of much higher prices as Bitcoin Price Ascends further.
Dogecoin - Get In Now Before It Hits $10!Dogecoin ( CRYPTO:DOGEUSD ) is about to repeat another bullish cycle:
Click chart above to see the detailed analysis๐๐ป
Dogecoin just broke out of the previous bear market triangle pattern and is starting its next major bullrun. Looking at market structure, price action and previous cycles, Dogecoin could even hit two digits after is manages to break above the all time high. You know what's possible.
Levels to watch: $0.1, $0.2, $0.5, $10
Keep your long term vision,
Philip (BasicTrading)