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DOGE Perpetual Futures Contract

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DOGEUSD.P trade ideas

Riding the DOGE Wave: Buy Signal for DOGEUSD 1H - 1:3 RRRIn this trading strategy, we explore a potential long position opportunity for the DOGE/USD currency pair on the 1-hour timeframe. By combining the insights from key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim for a favorable risk-to-reward ratio of 1:3. Indicators: EMA200: The EMA200 acts as a crucial indicator of the long-term trend direction. A rising EMA200 suggests a bullish bias in the overall trend, providing confirmation for potential long positions. MACD Trend: The MACD indicator helps traders gauge the strength and direction of the trend. A bullish crossover (when the MACD line crosses above the signal line) or divergence from the price action signals potential upward momentum, aligning with our long position strategy. Supertrend: The Supertrend indicator serves as an effective tool for identifying entry points in alignment with the prevailing trend. When the Supertrend line changes its color from red to green, it indicates a shift from bearish to bullish sentiment, presenting a potential entry signal for long positions.
BINANCE:DOGEUSDLong
by panjikadar
2
DogeUSD: playing out text book so farLast week I was watching $0.12 area closely. If there was a break of this area, it could have meant a potential disaster for the holders. But just like magic, price bounced sharply from that area and made a new high, confirming a full 5 waves move to the upside. Price can go up more to hit some proper fib extensions to bolster the move, but at this point anything is a bonus. Next move to watch is the retrace. Depending on where price tops out, I would expect 0.618 fib retrace zone to hold. Worst case 0.5 fib retrace area since it is an intermediate degree wave 2 retrace. The correction could last a few weeks to a few months. I would not like price to revisit $0.10 are again, but it can happen with a deep retracement. Doge is volatile and news driven, so big price movements are not surprising. But, testing back at $0.16 - $0.17 would be a text book thing to do to confirm the breakout. There is a longshot bearish case still lingering where the latest bull run could be a larger degree C wave. In that case, party is over friends and price is destined to go back sub $0.05. That is a long shot because a lot needs to go wrong for that scenario to play out and market as a whole need to collapse soon. For now, let's keep it in a back burner.
CRYPTO:DOGEUSD
by mukit1
It's very possible. This is for the Haters.I made a post saying Doge to 0.09955. But also I see Doge going to 0.3399??? Tricky spot lol I most definitely see it, 60% surge to the upside 2days left before weekly close, low volume on the weekend to manipulate markets, end the Q1 bullish, start Q2 bullish. Is the Dollar going to pump or dump. It must dump for everything to stand true for Doge beginning of Quarter two a dump on the dollar? We would also be looking for a pullback on usdjpy? But what if it breaks out???
COINBASE:DOGEUSD
by AXXUMULATIONINC
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