DOGEDOGE giga support at .3
$1 on the next leg higher (the warmup)
In hindsight, it will be so obvious
DOGEUSD.P trade ideas
DOGE/USDT Weekly Chart (Updated)Detailed Analysis of DOGE/USDT Weekly Chart (Updated)
DOGE/USDT is currently navigating a critical consolidation phase within Wave 4, as per the Elliott Wave framework. Below is a detailed breakdown of its technical structure, including key levels and momentum indicators.
1. Elliott Wave Count
DOGE is in a corrective Wave 4 phase, following a strong impulsive Wave 3, which aligns with the Elliott Wave guidelines:
Wave 1 was the initial impulsive move marking the beginning of the trend.
Wave 2 retraced deeply but respected key Fibonacci retracement levels, establishing a foundation for Wave 3.
Wave 3 was the most extended and powerful wave, as evidenced by a steep rise in price and volume, peaking near $0.523.
Wave 4:
Currently forming a correction, likely a flat or triangle structure.
Typical of Wave 4, the correction is shallow compared to Wave 2, adhering to the guideline of alternation.
Consolidating within the 23.6%–50% Fibonacci retracement levels of Wave 3.
2. Fibonacci Retracement Levels
Wave 4 correction is respecting Fibonacci retracement levels:
23.6% retracement ($0.31736): Currently acting as a key resistance.
38.2% retracement ($0.24403): A strong support zone for potential reversal and Wave 5 initiation.
50% retracement ($0.19734): A critical level of last-resort support; a breakdown here could invalidate the current Elliott Wave structure.
3. Wave 5 Projection
Upon completion of Wave 4, DOGE is expected to begin its final impulsive Wave 5. Probable targets based on Fibonacci extensions:
0.618 extension ($0.89646): Primary target, aligning with typical Wave 5 behavior.
0.786 extension ($1.412): Secondary target, achievable under strong bullish conditions.
1.0 extension ($2.229): A highly optimistic target, representing significant bullish momentum or speculative fervor.
Wave 5 is likely to retest the previous Wave 3 peak ($0.523) before advancing to higher Fibonacci extension levels.
4. Volume Analysis
Volume behavior reflects the consolidative nature of Wave 4:
Volume has declined since the Wave 3 peak, indicating reduced market activity—a common characteristic of corrective waves.
A volume breakout above the recent average will serve as a confirmation of the transition from Wave 4 to Wave 5.
5. MACD Indicator
The MACD histogram remains in the negative zone but shows signs of shrinking, indicating that bearish momentum is weakening.
The MACD lines are approaching a potential bullish crossover:
A crossover above the signal line will confirm the start of bullish momentum for Wave 5.
6. RSI (Relative Strength Index)
The RSI is currently at 56.79, within the neutral-to-bullish zone:
This indicates a lack of extreme momentum but leaves room for further acceleration.
A breakout above 70 during Wave 5 would confirm strong bullish momentum.
7. Key Levels to Watch
Support Levels:
$0.31736 (23.6% Fibonacci retracement): Current resistance; a breakout above this level signals strength.
$0.24403 (38.2% Fibonacci retracement): A strong support level where Wave 4 could end.
$0.19734 (50% Fibonacci retracement): Last-resort support; breaking below this invalidates the wave structure.
Resistance Levels:
$0.523 (Wave 3 peak): The first key resistance to break for Wave 5 confirmation.
$0.89646 (0.618 extension): Primary target for Wave 5.
$1.412 (0.786 extension): Secondary target, indicating extended bullish momentum.
8. Risk and Invalidations
Break Below $0.24403: Suggests deeper retracement toward $0.19734.
Break Below $0.19734: Invalidates the current Elliott Wave structure, signaling potential further downside.
Broader Market Sentiment: DOGE's movement will likely be influenced by the overall cryptocurrency market sentiment, making external factors (e.g., BTC dominance, macroeconomic conditions) crucial to monitor.
9. Confluence Factors for Wave 5 Confirmation
A breakout above $0.31736 with high volume.
A bullish MACD crossover above the signal line.
RSI moving into the 70+ zone, signaling strong upward momentum.
Conclusion
DOGE/USDT is currently consolidating within a Wave 4 corrective phase, hovering around key Fibonacci retracement levels. If the price respects the $0.24403 support and breaks above $0.31736, it is likely to enter Wave 5, targeting $0.89646 (0.618 extension), with stretch targets at $1.412 (0.786 extension). Risk lies in a break below $0.19734, which would invalidate the wave structure.
Let me know if you’d like further analysis or adjustments!
Trading Signal : DOGECOIN ($DOGE) -1D - BREAKOUTTechnical Analysis:
Price remains in a strong Uptrend across all timeframes. Recently, it broke above the $0.37 resistance and prior swing high, signaling renewed bullish momentum. The presence of a Dragonfly Doji at this breakout level reinforces the bullish case, as the long lower wick indicates that sellers pushed the price lower but were overpowered by buyers. Momentum remains positive, as the MACD Line is above the Signal Line, and the RSI confirms the price is not yet overbought (RSI < 70). The breakout positions the price to target the next key resistance at $0.48, with potential for further upside if bullish conditions persist.
Entry Zone:
Enter on a confirmed breakout above $0.37, or on a pullback and retest of this level as new support.
Targets (Take Profit):
TP1: $0.48 (+30%).
TP2: $0.55 (if bullish momentum continues).
Stop Loss:
Below $0.35 to limit downside risk.
This notification constitutes a marketing communication. The information provided does not constitute a recommendation, offer, or solicitation to buy or sell any crypto-asset. It is not intended as investment advice, and no consideration has been given to the specific investment objectives, financial situation, or individual needs of any recipient. Any decision to act on the information provided is made at the sole discretion of the recipient. SwissBorg disclaims any liability for losses arising from the use of this material. Recipients should consult their own professional advisors before making investment decisions.
Doge will pull back(bulls waiting on the sidelines)So this is my theory, I am a huge believer that doge, eth, ada, and various other cryptos with a large market cap follow bitcoin
What this means:
bitcoin at the top of a trading range, meaning it will pull back down soon
doge will get dragged down with bitcoin, the only difference is that doge is already on a bear trend and I’m already waiting on a second leg
The strategy is marked up on the chart, I’m a bull and I’m just waiting to load the boat at .20-.25 cents — I believe this is where doge will consolidate before Elon and Donald trump start hyping it up.
DogeCoin (DOGE) To Mars - The Elon Ride (Part 2)COINBASE:DOGEUSD has been loyal to me previously.
I managed to get some good Buys on #DOGE.
I aped continuously on the 7 Cents Levels.
Then cashed all my COINBASE:DOGEUSD earnings at the 42 Cents #Resistance.
* all well documented in the related idea.
What Happened To BINANCE:DOGEUSDT ?
It provided to #Correction I was predicting.
From a #Fibonacci perspective, it's enough to be considered as an #ElliottWave 2.
What's Next For BINANCE:DOGEUSDC ?
$DogeCoin follows MARKETSCOM:BITCOIN and the #Altseason.
With BITSTAMP:BTCUSD about to burst again, so will #DOGECOIN.
It might go #Bull now, or Dip and then... so please DYOR.
The #Bullish move would also be provided by CRYPTOCAP:TOTAL3 & CRYPTOCAP:OTHERS , as a new #ATH is in play.
* see related ideas for more details.
COINBASE:DOGEUSD #TechnicalAnalysis
- #ElliottWave A-B-C Sequence
- #Impulse / #MotiveWave in Primary ⓒ (white)
- #Fibonacci Retracements & Extensions Confluence
My #HODL #Long Levels For BINANCE:DOGEUSDT
I will only go #HODL for this #Crypto #Token.
Trading #Futures ( BINANCE:DOGEUSDT.P ) is not something I want to pursue with $DOGE.
Moderate Entry @ 35 Cents
Conservative Entry @ 24 Cents
TP @ 68 Cents
$DOGE Update#DOGE is still on repeat in 2021.
So far, just like with #Bitcoin, I expect a correction to the previous bottom during the weekend.
After this I expect with a bit of luck that we can x4 from the previous run.
For now, let's see if we will actually leave and what we will do around 1 dollar.
Be kind to the world and each other
DOGE about to rally on Double Bottom Bullish Cross signalDogecoin (DOGEUSD) has been trading within a Channel Up pattern since the December 20 2024 bottom. A very distinct buy signal emerges every time the price makes a Double Bottom near the Higher Lows trend-line of the pattern and the 4H MACD forms two Bullish Crosses in a row.
As you can see, this has already happened two times, with the price reaching at least the 2.618 Fibonacci extension for a Higher High and this is the 3rd time within the Channel Up that we see this indicator combo.
As a result, we turn bullish short-term, targeting 0.43250 (Fib 2.618 ext).
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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! 🚀
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
