DOGE/USD Approaching Key Support Level**📊**
- **SL (Stop-Loss)**: $0.33548 🔴
- **Entry**: $0.34618 🟡
- **T1 (Target 1)**: $0.35865 🟢
- **T2 (Target 2)**: $0.37402 🟢
💹🐶
DOGEUSD.P trade ideas
The Secret Fibonacci pockets on DogecoinIt has been a while since i posted something here.
Thank you for still following me.
I had a macro look at dogecoin using my previously published secret about the 9-10.618 Fib and thought to share my findings with you.
First have a look and see the targets given by my custom fibonaci template which shows the area of 9-10.618
notice how precise it calls the macro tops
see how i place the tool
the blue arrows showing a equal date range of 174 weekly bars
what do you think? could this be the plan?
An Educational Journey into Technical Analysis with Dogecoin/USDIn this tutorial, we'll dive deep into the art of technical analysis using the Dogecoin USD chart as our canvas. You'll discover how to blend Fibonacci tools, Elliott Wave Theory, and the Wyckoff Method to forecast potential market movements. Whether you're new to trading or looking to refine your analytical skills, this guide will provide you with practical insights into identifying entry and exit points, understanding market phases, and preparing for future trends. Let's embark on this educational journey together to enhance your trading strategy toolkit.
When in doubt, Zoom Out!
Below I was looking at Arguments for a Significant Short Position Before the Continuation of the Bullish Trend and the Pursuit of New All-Time Highs
Elliott Waves: From the bear market bottom at 4.5 cents, we started wave 1 and concluded with wave 5 at the current top. Following five waves, we expect an ABC correction. Waves A and B have been completed, and we are now in wave C.
Fibonacci 1: Trend-Based Fibonacci Extension - From the all-time high (ATH) to the recent bear market bottom, then to the current 48-cent top. The 0.382 Fibonacci level suggests a target of 0.2130 for the upcoming drop, which I believe is necessary for liquidity ahead of the next upward movement.
Fibonacci 2: Regular Fibonacci Retracement - From the bottom of wave 4 to the top of wave 5, the 0.618 level is at 0.235 cents. I've marked a green box between these two targets.
See in the image below how Backtesting this strategy on the two previous cycles shows that before breaking ATHs, Dogecoin always hit this 0.382 Fib level!
I use these 2 Fibonacci targets to place the green box between them and where I expect price to go in the newxt couple of weeks.
Additional Observation: The green line below the 0.618 Fib retracement and above the 0.382 trend-based Fibonacci extension also marks a retest of the wave 3 high at 0.23 cents.
Now that we've examined the macro perspective, let's Zoom In to the current action:
Wyckoff Schematic: Check my previously published idea on Bitcoin, linked here, where Bitcoin is in a Wyckoff Distribution Schematic #1. Dogecoin seems to follow with Wyckoff Distribution Schematic #2. I've added vertical lines for phase separation, a red resistance box, and a green support box.
Link to Richard D. Wyckoff, his Method and Story www.wyckoffanalytics.com .
ABC Pattern: Wave A from top to bottom is exactly 0.222 cents or -45.81%, suggesting wave C should be of similar magnitude. Wave B measures 0.1724 cents and 65.65% to the upside. Using an arrow tool, the 0.222 cent drop points exactly to the 0.382 Fibonacci target from the trend-based extension we did in the macro analysis, now highlighted in yellow. Link to chart.
Zooming in on the 4-hour Chart: I've drawn another Fibonacci retracement just for wave B, colored in turquoise blue. Notably, the 1.272 Fibonacci extension aligns with our macro 0.382 Fibonacci target, now colored yellow for clarity.
Speculations for Future Moves:
Fibonacci Circle and bottom timing prediction: Drawn from A to B, this circle in orange might help us predict when we hit the green box target at the bottom. Considering that the A drop measures exactly 12 days and 4Hours I have added another vertical line now marking a timeframe of 5 days from Thursday 30 January to Monday 3 February 2025 This is speculative but worth watching. It includes also a weekend so a CME gap before weekend plus filling the week after could also be in play.
Wyckoff Phases: According to earlier discussions, we're moving through phases A to E. I've added a vertical line where the Fib circle crosses our 1.272 and 0.382 Fib levels, suggesting we'll enter phase E on January 23, 2025, potentially concluding by February 2, 2025.
Predictive Arrows: Blue arrows indicate possible future price movements based on current patterns.
After hitting our target, I'll analyze again and publish a new idea with plans for breaking the ATH and targets for the anticipated bull market.
Enough for now, as it's getting late. Give me a follow, share if you liked this analysis, and stay tuned for updates.
DOGE On the VergeClosing in on first weekly golden cross in nearly 4 years, golden cross also brewing on daily. Has to hold above the 200 MA until the 50 catches up or this could get ugly.
No price targets - this chart is for people the betting on market trends. My timeline is from election day (doesn't matter who wins) until end of Q1 FOMC.
For anyone hung up on market cap: Liquidity =/= market size . Please, take the time to learn more about how this stock metric has no place in this space. It will not require the GDP of a western nation to reach $1.
GLTA
DOGEUSD preparing a rally to $1.60Dogecoin (DOGEUSD) is trading on its 1D MA50 (blue trend-line) as despite yesterday's attempted break-out, the pull-back brought the price down around this key trend-line again.
The key for buyers is now to turn this level into a Support and hold it, as this is what took place during the September - November 2024 rally. As you can see, once the price broke above the 1D MA50 and re-tested as Support, it sustained a 2-month rally, which reached the 3.0 Fibonacci extension from its bottom point (August 05 2024).
We can clearly see how similar the two fractals are, both started with a correction (red Rectangle) and then after the bottom, a Channel Down (also evident on their 1D RSI sequences) paved the way for the rally.
As a result, if DOGE tests the 1D MA50 again and holds it this time, we will have a confirmed buy signal to target $1.600 (Fibonacci 3.0 extension).
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DOGE - Post Inauguration Chart Doge is clearly in a triangular pattern. We did have one fakeout above the pattern, but after breaking back below the candle bodies have been respecting the top as resistance.
Therefore, we are watching for candles to start closing above this pattern again. If we can achieve this we should see a quick move to retest the previous highs around $0.48 then potentially higher.
With so much coming out about potential department of government efficiency policies and headlines it could pave the way for a DOGE rally.
It's $DOGE time, update #DOGECRYPTOCAP:DOGE is my largest percentage in my spot wallet.
As I indicate in almost every tweet, I expect #DOGE to play an important role in Trump's plan.
Looking back at previous cycles of CRYPTOCAP:DOGE , the pattern seems to be repeating fantastically again and we may see a strong breakout of #DOGE in the short term. I just don't think we will reach the top. Although I can see a Target of 1 dollar or possibly more happening and I assume so.
With CRYPTOCAP:DOGE I am also starting to become more and more convinced that as soon as the alt season starts and we get more insight into what Musk wants to do with D.O.G.E, we see a possibility that #DOGE can investigate towards $5.
For now I'll fill my stack with CRYPTOCAP:DOGE and get ready for a nice run.
See you on the moon!
Be kind to the world and each other!
DOGE: Mint Green for $1 … 3xHello,
This mint green trace is my favorite of the day. A recent projection front eh 30 minute time frame.
We can also see how the recent movements align us with some of the other forces at play on various time frames.
We are aligning signature harmonic patterns, and then fitting the projections to the laser beam levels. Solid are support, which become resistance for the forward projection. Dots are resistance, which of course become support.
The harmonic patterns can compress and expand a bit as they propagate through the time frames. Therefore, it is best to fit the projections to the levels. I try to prioritize the recent major level movements in the fit. And it is interesting to note how the history may be expanded or compressed relative to the fit tot he recent levels. This can give us insight into Doge’s attitude relative to that projection. I like to interpret this like i would playing with my Aussie Dog. More or less enthusiastic, or exhausted and a rest is needed before the next run…
Doge Represents the emotion of unconditional love… mans best friend does also. This is different than the fear and greed that dominate the other currencies. How’s it make you feel?
Dogecoin(DOGE)Price Action Potential in 2025 $0.82, $1.11or $24?As of January 22, 2025, Dogecoin (DOGE) is trading around $0.38, showing signs of strong market interest. The recent price action reflects DOGE's resilience in the current market environment. Let's analyze its potential:
Key Highlights:
(1) Current Price Movement:
🟢 Trading Range: $0.3368 (low) - $0.3969 (high)
🟢 Daily Change: +2.67%
(2) Recent Developments: Elon Musk’s involvement as head of the Department of Government Efficiency (DOGE) has significantly boosted investor confidence, resulting in an 88% price increase post-announcement.
Price Predictions:
🟢 Short-Term Potential (Ali Martinez Analysis): If DOGE holds above $0.37, it could rally to $0.82, a 120% upside.
🟢 Mid-Term Projections (CoinCodex): Machine-learning models estimate DOGE could hit $1.11 by April 2025, marking a potential 200% gain.
🟢 Long-Term Speculation (Social Media Analyst): Some projections, though highly speculative, suggest DOGE could reach $24, contingent on significant market shifts.
Market Sentiment & Risks:
While optimism is high, the cryptocurrency market is inherently volatile. Key factors to watch include:
🟢 Regulatory changes impacting broader crypto adoption.
🟢 Macroeconomic trends like inflation and monetary policies.
🟢 Technological developments influencing DOGE’s utility and scalability.
Conclusion: Dogecoin’s price action remains promising, but caution is advised. Always research thoroughly and assess your risk tolerance before making investment decisions.
Study Source URLs:
(1) Elon Musk's Appointment Impact: The Times - Will Dogecoin Price Be Boosted by Elon Musk’s New Job?
(2) Ali Martinez Analysis: Blockonomi - DOGE Price Analysis: Key Indicators Point to Possible 120% Upside for Dogecoin
(3) Mid-Term CoinCodex Prediction: The Tribune - Bullish Signals Indicate Dogecoin Could Hit $5, Say Crypto Experts
(4) Long-Term Speculation: The Financial Analyst - Analyst Predicts Dogecoin Could Soar to $24, Sparking Community Buzz
Feel free to share your thoughts and charts in the comments! 🚀
DOGEUSD SELL AT SUPPLY ZONE SMART MONEY CONCEPT Here on Dogeusd price form a supply around level of 0.41412 and is likely to continue falling so trader should go for short with expect profit target of 0.35868 and 0.31114 . Use money management
DOGE : Break .46 to $1.4 or Plunge to .23?Hey trading family
DOGE could soar to $1.4 if it goes over .46 cents. If it drops below .30, it might fall to .23 cents.
If you found this analysis valuable, boost it with a like, share: I appreciate the love or send me a DM if you need help.
Kris/Mindbloome Exchange
Trade What You See
DOGEUSD Long Trade Analysis! 🔹
📈 Key Support and Entry:
Entry Price: Around $0.35130, following a successful bounce off the yellow support line and breakout from the descending wedge pattern.
The yellow circles highlight critical turning points, including the breakout and retest, which confirm bullish momentum.
📊 Descending Wedge:
A descending wedge pattern is visible, which is a bullish reversal setup.
The breakout confirms the potential for upward price movement.
🛡️ Stop-Loss (SL):
SL Level: Below the recent swing low at $0.33097, ensuring protection in case the setup fails. 🚨
💰 Take-Profit (TP):
TP Level: The next significant resistance at $0.42358 is a logical take-profit target.
The red horizontal line at $0.38518 is another intermediate resistance level to monitor.
📍 Current Price: $0.37326, with the price moving steadily toward the resistance zone.
🌟 Trade Summary:
Entry: $0.35130
Stop-Loss (SL): $0.33097
Take-Profit (TP): $0.42358
Intermediate Resistance: $0.38518
Risk-Reward Ratio: Approximately 1:3, making this a favorable long trade.
✨ Pro Tips for Long Trade:
🔍 Volume Confirmation: Ensure buying volume increases as the price approaches the resistance zones to confirm bullish momentum.
🔄 Trailing Stop: Use a trailing stop above $0.385 to lock in profits while allowing the trade to run if momentum continues.
⚖️ Risk Management: Move your SL to breakeven once the price crosses $0.38518, reducing risk while maintaining upside potential.
🚀 This long trade setup capitalizes on the bullish breakout and wedge pattern. With a strong risk-reward ratio, it's a well-structured trade. Keep monitoring volume and price action as the target levels approach! 📈✨
*DogeUSD Long Trade Analysis**!
🔹 * 🔹
### 📝 **Setup Breakdown**:
1. **📈 Key Support and Entry**:
- **Entry Price**: Around **$0.35647**, right after the breakout from the descending wedge pattern.
- **Support Level**: The key support level is at **$0.33097**, serving as a solid base for the bullish reversal.
2. **📊 Descending Wedge**:
- A clear **descending wedge pattern** was formed, indicating **price compression**.
- The breakout above the wedge signals **bullish momentum** and justifies the long trade. 🐂
3. **🛡️ Stop-Loss (SL)**:
- **SL Level**: Placed below the support level at **$0.33097**, to protect against invalidation.
- Recommended SL: Around **$0.329**. 🚨
4. **💰 Take-Profit (TP)**:
- **TP Level**: The next resistance zone at **$0.42358** is a strong target for taking profit, ensuring a favorable **risk-reward ratio**.
---
### 🌟 **Trade Summary**:
- **Entry**: **$0.35647**
- **Stop-Loss (SL)**: **$0.329**
- **Take-Profit (TP)**: **$0.42358**
- **Risk-Reward Ratio**: Approximately **1:2.5** (depending on SL and TP placement).
---
### ✨ **Pro Tips for this Trade**:
1. **🔍 Volume Confirmation**: Look for increasing buying volume to confirm bullish momentum.
2. **⚖️ Risk Management**: As price moves above **$0.385**, consider moving your **SL to breakeven** to reduce risk.
3. **🔄 Trailing Stop**: If momentum stays strong near **$0.400**, use a trailing stop to capture extended upside potential.
---
🚀 This long trade setup is aligned with strong technical analysis principles. The breakout from the wedge and favorable risk-reward dynamics make it a **solid trade idea**. Keep monitoring the price action and momentum! 📈✨
DOGEUSD Short Trade Setup | Entry, SL, Targets! 🚨
Entry: $0.39843 (breakdown below triangle pattern)
Stop Loss (SL): $0.41463 (above resistance zone) 🚨
Target 1 (T1): $0.37866 (first support level) 🟢
Target 2 (T2): $0.35986 (next key support) 📉
Reason: Bearish breakdown from an ascending triangle pattern, indicating potential downward momentum. Risk-to-reward ratio aligns with trade strategy.
#DOGEUSD #CryptoTrading #ShortTrade #TechnicalAnalysis #DayTrading #BearishSetup #TradingView #Dogecoin
Bullish on DOGEA major trend has been broken, and we can see a nice retest. In my opinion a breakout to the all time high is inevitable, and once we break the high who knows where we might go.
DOGEUSD CLEAN DROP-OFFDOGEUSD is bearish and is hunting some liquidity at the downside, I hope to see a drop towards the downside before any bullish takeover is possible.
What do you think? Let us know below.
Follow and like for more.
DOGE on next leg up, as predictedI have been charting DOGE for years now. I called the crash from 80cents area and chart is linked below. I have been charting it since then and called most of the moves accurately.
What we have now for DOGE is on this 5 day chart (right chart) it is at the similar stage as per the last cycle where red arrow is.
Target is the rectangle box above.
DOGE should hold the EMA21 on it's parabolic move up.
Don't forget to smash that rocket like button.
$DOGE strong breakoutCRYPTOCAP:DOGE has a strong breakout, but in my opinion it is still too dependent on #Bitcoin.
Doesn't mean that I still expect a best run before the alt season starts.
In fact, when I see the replay of January 2021 and this January, we may well see an initial target of $1.6 for #DOGE.
This is only a foretaste of what is to come.
For now let's see what we can expect around Trump's inauguration and what this will do to the market.
Be kind to the world and each other!
Dogecoin (DOGE/USD): Bullish Breakout Potential with Strong Mom🔥 FinCaesar's Strategy:
🩸 Long: Above $0.42, targeting $0.45 and $0.50. DOGE is currently trading well above its 200-day EMA (around $0.24), indicating a robust uptrend. The MACD is shifting into positive territory, supporting a continued rally if volume remains strong.
🩸 Short: Below $0.38, aiming for $0.35 and $0.32. A drop beneath $0.38 could suggest a pause in the bullish momentum, especially if sellers overpower buyers near resistance.
🔥 FinCaesar’s Commands:
🩸 Resistance: $0.42 — A clear break here would reinforce the bullish scenario.
🩸 Support: $0.38 — Losing this level may pave the way for a deeper pullback.
Dogecoin is showing renewed signs of strength, surging off recent lows and flipping key moving averages into support zones. Traders eye the $0.42 mark for confirmation of further upside, while a failure to hold above $0.38 could trigger short-term selling. Overall, the bullish bias remains intact unless DOGE slips decisively under major support levels.
👑 "Opportunity often appears in the wake of bold conviction." — FinCaesar
Doge LMACD going above 0 on the daily Gaussian has held so far and LMACD is moving above the 0 line on the daily. Bueno
DOGCOIN - Buy Idea (Short-term)Turning around right off the last line of resort at 0.3165 indicates that price action found a solid support to bottom out on. An upside reversal seems to be underway. We're pulling the trigger on a new bullish campaign targeting the upper section of our trading range, starting with the key-level resistance of $0.4155, our official profit target. Stay tuned...
DOGEI believe DOGE trades at a new ATH within 1 week of the inauguration.
Basically the election week 100% increase all over again, but now for inauguration, as market prices in Trump actually taking office, implementation of DOGE (but not yet execution), etc
What's great about DOGE, however, is that because it has a July 4, 2026 deadline, we should continue to see more and more speculation happen from now (DOGE about to start now) and through the July 4, 2026 deadline.
I imagine the media coverage and public banter of DOGE only increases from here into that July 4, 2026 deadline, which creates MORE AND MORE pressure to allocate into DOGE as people see DOGE in action.
DOGE to $3.00 isn't a matter of if but WHEN.Dogecoin / DOGEUSD is having a strong week so far and has recovered last one's losses.
This consolidation is almost an exact (over the 1week MA50) repeat of January 2021, the symmetrical level time-wise of the previous Cycle.
The rise since the August 2024 bottom has been so far +480%, exactly as much as the November-December 2020 was.
Phase 2 after January consolidation, stopped at +3600% from the bottom.
If DOGE continues to replicate the previous Cycle, a +3600% from its August 2024 bottom would bring it to $3.00.
And if anything it can be as early as in 3 weeks but of course 'later' wouldn't mind Doge investors either!
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