Dogecoin Analysis: Going Parabolic to the Moon?!Dogecoin is showing a change in character on the chart, shifting from bearish to bullish. It is about to move from the support level at $0.10 to $1, as the bull market is just getting started, IMO.
DOGEUSDT.P trade ideas
$doge is going higher Hello ledges. Hope your guys doing well. Dogecoin is going higher. Resistance turned into support. Send it higher.
Could we get better position to enter?This is my idea of how DOGE will go in near future. I think DOGE is still consolidating like BTC, looks like we might see little pullback to 0.12-0.13 area. That means completing 5 waves of Elliot wave theory. 0.13 might sound awful for those who invested in, but if DOGE ever hit 0.12 area again that means checking that area 3rd time and its gonna be huge confirmation to go up, maybe even higher high. Unless DOGE could close candle above 0.18 in 1D and 1W timeframe it is most likely to go down before the big impulse.
DOGEHi guys
Considering the consumption of the specified range, the probability of reaction to the specified price range is very high.
On the higher time frame, the probability that a higher ceiling will be formed compared to the previous ceiling is very weak.
As a result, our bullish view is short-term for now.
What do you think?
DOGE/USDT descending channel breakout? bullish rally💎 Paradisers, #DOGEUSDT has broken out from its descending channel trajectory, raising the question: will this lead to a continuation of the uptrend, or does uncertainty loom for sellers? Let's explore the possible outcomes.
💎 Notably, #DOGE has climbed above both the descending channel trendline and the 200-day Simple Moving Average (SMA) on the daily chart. This ascent indicates a strong bullish control, suggesting that the uptrend may continue. Currently, we anticipate a strong bullish movement if the price can maintain its momentum in the demand zone at $0.15975.
💎 However, if #DOGE fails to sustain this momentum and falls below the demand zone, we may see a bullish rebound from a slightly lower demand level at $0.15756. Should it break below this level, a significant downward movement could be triggered.
MyCryptoParadise
iFeel the success🌴
Doge historic opportunity LONGGreen boxes mark off areas of interest prior to an explosive upside run. I believe Doge's higher low is in. I anticipate dogecoin will see new ATH before end of year. $1-$1.15 first target. $Dogettm
Doge is the best CryptocurrencyI believe that dogecoin embodies the best about crypto, and it will shine a continuation of the bullmarket if it comes to happen.
Today marks a low risk in my estimation due to the fear of war. Only strong hands should try to trade this.
DOGE TM : 1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
DOGEUSDT.1DHere’s my detailed technical analysis of the DOGE/USDT daily chart:
Price Action and Structure:
The DOGE/USDT chart is demonstrating a pattern of ascending lows, indicative of a bullish sentiment in the formation of an ascending trendline. The chart’s structure with ascending trendline support suggests that buyers are incrementally willing to buy at higher prices, a positive signal in market sentiment.
Technical Indicators:
1. RSI (Relative Strength Index): The RSI stands at 54.37, which suggests moderate bullish momentum as it is above the neutral 50 mark but not yet into overbought territory. This positioning allows for potential upward movement without immediate pressure from an overbought correction.
2. MACD (Moving Average Convergence Divergence): The MACD is slightly above the signal line but very close to the zero line, indicating a lack of strong momentum. This scenario typically calls for cautious observation as it could imply potential for either direction, but the current slight bullish crossover can be seen as a tentative bullish signal.
Support and Resistance:
• Support (S1 and S2): Support at $0.12157 (S2) is critical. If the price maintains above this level, it may consolidate and attempt an upward movement. However, breaking below could lead to a test of lower support levels.
• Resistance (R1 and R2): The immediate resistance at $0.17569 (R1) needs to be watched. If the price can break and hold above, it would target the next resistance at $0.21158 (R2), indicating a significant bullish trend strength.
Projection and Strategy:
The projection on the chart anticipates a bullish move towards R1. If DOGE/USDT can maintain the ascending trendline, it could potentially approach and surpass R1, aiming for R2. A strategic approach would involve buying near support levels with a tight stop loss below the trendline to manage risk, while selling near resistance levels or holding if a breakout above R1 is observed with significant volume and momentum.
Conclusion:
DOGE/USDT is showing promising signs of a bullish continuation if it can uphold the ascending trendline support. Monitoring the price action near the support and resistance levels, along with the accompanying volume and indicator signals, will be crucial in confirming the trend’s strength and sustainability. As always, keeping an eye on overall market sentiment and news specific to Dogecoin will also be important in shaping the trade approach.
Doge coin gold signal BINANCE:DOGEUSDT #2h,
We are expecting to see a reversal from the horizontal level of support that we are currently retesting. Which will lead to a strong movement to the upside that will help us breaking from above of the declining parallel channel. Switching from short term bearish to short term bullish.
thank you
Dogecoin (DOGE): Trend Seems Weak, Buy or Sell??Dogecoin is back on trend with a two-way scenario here.
The first one is clean, where we might see further upward movement while bouncing off the trend line.
The second one is where we break the EMAs and trend, which would result in a movement towards the lower support zone.
Swallow Team
DOGE PriceThe Dogecoin (DOGE) stays above the key moving averages and looks bullish on the charts. However, the price action signifies range bound moves throughout the month.
$DOGE analysis and trade IdeaLast time few months back I had asked to long BINANCE:DOGEUSDT when everyone was calling it for zero , the idea is still on my profile. Good profits from that trade , I expect doge to break new highs pretty soon in coming days , due to consolidation (bullish consolidation) and also the news of BINANCE:DOGEUSDT
More over on BINANCE:DOGEBTC pair we can already see CRYPTOCAP:DOGE resting on 2 important levels , one is weekly support and other is 200 EMA , both conclude my bullish bias
DOGE will bounce againEarlier, we got a nice swing on Dogecoin.
In my opinion, the green range is a powerful range.
Now we can again look for buy/long positions on the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
DOGE: What if this is a Bearish Continuation Pattern?DOGE: What if this is a Bearish Continuation Pattern?
The price is in a critical zone and with this small confirmation DOGE is indicating the possibility of a bigger bearish wave.
More confirmation is required but it's not bad either way.
📺You may watch the video for further details📺
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
DOGEUSDT more pump ahead We open our buys at around 0.058$ and now in +100%profit:
also soon we can expect more pump here and hitting targets like 0.26$ and 0.5$ in futer is easy to hit and DOGE has a high potential.
DISCLAIMER: ((trade based on your own decision))
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20/5/2024 Doge Long TradeIn 1D timeframe, DOGE had breakout Blue Trendline for few days and didn't formed a Fakeout.
(4H)
Long Plan:
Entry Price : 0.15146 (Market)
CL : Below Trendline 0.14720 (add 3-5% buffer)
TP : 0.175 - 0.187 (Between this zone)
doge/usdt trade at your own riskdoge/usdt has 4 hrs coch going to fill all gap in4 hrs and again come down to fill the down waurd ob and fvg
NOTE trade at youe own risk no finincal advice
DOGECOIN (DOGE) - Investment Opportunity (READ THE CAPTION)By examining the #DogeCoin chart on the weekly timeframe (logarithmic), we observe that the price has increased by more than 18% since the last analysis and is currently trading around $0.165. I continue to anticipate an explosive growth for DogeCoin in the near future. The most significant demand zone is between $0.075 and $0.091. The upcoming price targets are $0.229, $0.35, $0.374, and $0.75. The expected long-term return for this cryptocurrency is over 300%.
The Main TA :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
DOGE - Ranges overview Here is a quick look at DOGE.
We are trading in a clean range within defined highs and lows (buyside liquidity and sellside liquidity).
IF we hold the current levels we should expect further pa to the upside targeting the liquidity sitting around 0.21000$
IF we fail to hold the current levels and close below (clean candle close) the current lows expects us to hunt the sellside liquidity sitting around 0.12260$
No need to front run the market...BE PATIENT AND ACT
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Expect a little fake out nonthelessDoge is looking juicy for some upside. DOGE/BTC chart also due for a pump.
Fyi, these charts are for myself and my own analysis to keep track of certain trades.
DOGE WILL LEAD THE PUMPYes, i changed my usual chart color settings, this is an experiment because i noticed that chart with random color gets more visuals. Maybe you prefer to watch some color than good setups. So, eyes on DOGE now. As you can see, it's following pretty well my previous idea. It's actually ranging at support, and i expect a little bit more of range before and explosion to the upside till the key resistance area at $0.20. I think that Dogecoin will lead the pump in the next days
DOGEUSDTObserving Doge pushing towards the next resistance, there seems to be a strong momentum building at the current market price.
