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DOGEUSDT.P trade ideas

DOGE can ascend further!Hi COINEX:DOGEUSDT Today, I want to analyze DOGE for you in a weekly time frame so that we can have a mid-term view of DOGE regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). DOGE formed a rounding bottom on weekly timeframe🤔 Up we go if we do breakout ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - AB=CD - Rounding Bottom Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
On large time frame charts when using Fibonacci ratios...Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DOGEUSD 1M chart) To understand the overall wave, we analyzed it using TradingView's charts. The key is whether the price can be maintained by rising above 0.22393, which is the upper point of the box section of the HA-High indicator. Accordingly, we need to check if it is supported and can rise around 0.707 (0.20689) to 0.786 (0.22377). Due to this rise, it is expected that a new HA-High indicator will be created next month. If that happens, an important question will be whether it can be supported and rise in the newly created HA-High indicator. ------------------------------------------------- (DOGEUSDT 1M chart) Currently, the HA-High indicator is formed at 0.13377. (1W chart) The area around 0.5 (0.15983) to 1 (0.26667) corresponds to the psychological resistance zone. Accordingly, the key is whether the price can be maintained by rising above 1 (0.26667). If it rises above 1 (0.26667), it is expected to rise to around 1.618 (0.39871). (1D chart) The key is whether it can receive support around 0.21597 and rise. If not, you should check for support around 0.20420. If it falls below 0.20420, 1st: 0.618 (0.18505) 2nd: 0.5 (0.15983) ~ 0.17001 3rd: 0.13377 You need to check whether you receive support around the 1st to 3rd positions above. If it falls below 0.13377, it is expected to turn into a downward trend. ----------------------------------------- Depending on whether it receives support or resistance at the Fibonacci retracement rate point, you can predict whether it will rise by two levels or decline. Accordingly, if it meets resistance and falls near 0.786, you can expect it to fall to around 0.618 or rise to around 0.886, depending on whether it receives support or resistance around 0.707. However, Fibonacci has the disadvantage of having to specify a selection point, so if the selection point is specified incorrectly, erroneous results may be obtained, so it is recommended to draw on a time frame chart as large as possible. This is because I believe that only then can the waves generated by fakes or whipsaws be filtered out. If you plot Fibonacci on a time frame chart that is too large, you may find it to be of little use due to the intervals being too large. However, I think there is no problem at all due to the nature of the coin market, which has large fluctuations. Rather, I think it plays a more accurate role of support and resistance. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Doge Short Term Levels to WatchDoge, the OG and beloved meme coin, is on our radar with some short-term levels to watch. In this bull market, dips have been golden opportunities and that trend's not slowing down. Thinking about swapping some long-term holdings like BTC/ETH into Doge? It could mean bigger returns. Here's an example: swap to doge, ride the Doge wave, then flip back to btc. I’m optimistic about hitting the $1 mark for Doge, with the potential for it to surge 2x-3x higher, especially if Bitcoin continues its upward trajectory and its dominance diminishes, as it typically does after halving, ushering in the alt season. Doge to the moon - Elon Musk
Long
by joetro
DOGE/USDT Projection Paths UpdatedPotential points of resistance, But Looking at the charts, DOGE seems to be making its own rules at the moment!! This sort of market volatility should be very carefully respected! DOGE LONG! I will be expecting a strong pull back in price soon ... 26% in just 3 days and just keeps pushing hard! The trajectory Just looks insane! Personally I would like to see .25~ price point soon ... Come on DOGE!! Happy Trading. T. N.B I will be updating price targets more accurately tomorrow (and diluting the chart down) as currently DOGE is far to volatile for longer term projections (In my humble opinion). Currently looking at charts and please let me emphasise the importance of 'never have fear of missing out' (FOMO) and buy at the TOP! Always DCA and never be greedy. In and out quick! DOGE LONG! Please Comment and Follow. Updating after 12pm tonight UK time. After Daily Close :)
Long
by Tyler-Turczak015
DOGEUSDT: Primed for a Generational Rally - Prepare for Liftoff "DOGECOIN enthusiasts are on the edge of their seats as indicators suggest a potential generational rally, poised to catapult the meme-inspired cryptocurrency to new heights. With gains potentially reaching a staggering 33%, investors are advised to approach with caution, prioritizing profit-taking strategies and diligent risk management. Implementing stop-loss orders is paramount to safeguard against sudden market fluctuations. For those seeking expert guidance and precision timing, consider following a premium signal channel for sniper-like entry points. With meticulous planning and proactive measures, investors can seize the opportunities presented by DOGECOIN's impending surge while mitigating potential downside risks."
Long
by MOAZAM1133
🚀🐕 DOGE Breakout Trade Setup! 📈🚀📊 Analysis: Bullish Momentum: DOGE has shown bullish momentum over the past few weeks. Current Resistance: Current resistance at $0.20500. Breakout Opportunity: Look for a breakout above this level for a potential spot long trade. 📈 Trade Plan: Entry: Enter on the breakout and retest of $0.20500 resistance, with confirmation of a 4HR candle close above. Take Profit: Targeting profits at $0.32 - $0.35 or higher towards $0.50 - $0.60. Stop Loss: Place stop loss just below $0.18 to manage risk. 💡 Note: Monitor price action closely for confirmation of the breakout and adjust strategy accordingly! Stay alert for any market developments. 🚨📊 #DOGE #BreakoutTrade 🐾📈
Long
by Richtv_official
Dogecoin Rockets 20%: Unveiling the Forces Driving DOGE's SurgeDogecoin ( CRYPTOCAP:DOGE ), the beloved meme-inspired cryptocurrency, has once again captured the spotlight with a staggering 20% surge, defying market trends and sparking excitement among investors. This surge comes amidst anticipation for its listing on Coinbase Derivatives, marking a pivotal moment for Dogecoin's evolution from internet meme to mainstream asset. Let's unravel the key factors propelling Dogecoin ( CRYPTOCAP:DOGE ) to new heights and explore the implications of its meteoric rise in the cryptocurrency landscape. Coinbase Listing Anticipation: The announcement of Coinbase Derivatives' intention to introduce cash-settled futures for Dogecoin by April 1 has sent ripples of excitement throughout the cryptocurrency community. This move signifies a significant shift in perception, as Dogecoin ( CRYPTOCAP:DOGE )transitions from a whimsical internet phenomenon to a recognized asset within the crypto industry. The anticipation surrounding the Coinbase listing has fueled bullish sentiment and heightened interest in Dogecoin, underscoring its growing acceptance and relevance among institutional players and retail investors alike. Meme Coins and Whale Activity: Dogecoin's recent surge is not only a testament to its enduring popularity but also reflects broader trends in the cryptocurrency market. Meme coins, characterized by their playful branding and widespread appeal, have emerged as a captivating trend, with Dogecoin leading the pack. The surge in whale activity, observed through significant on-chain market dynamics, further reinforces bullish sentiment surrounding Dogecoin, highlighting the significant influence of large holders in shaping market trends and driving price movements. Market Performance and Trading Status: Despite its origins as a meme-inspired asset, Dogecoin ( CRYPTOCAP:DOGE ) continues to demonstrate resilience and attractiveness to investors. With a current price of $0.2138 and a robust 24-hour trading volume of $6 billion, Dogecoin's performance defies market volatility, maintaining a live market cap of $29 billion. Long positions dominate the futures market, signaling prevailing bullish sentiment among traders and instilling confidence in Dogecoin's future prospects. Key Drivers of Dogecoin's Surge: Elon Musk's involvement in Dogecoin's resurgence cannot be overlooked, as evidenced by his recent licensing approvals for running a payment service on his X social media platform. The integration of Dogecoin into the X payment platform holds promise for broader adoption and increased utility, driving optimism among investors. Additionally, positive market indicators such as record-high open interest in Dogecoin ( CRYPTOCAP:DOGE ) futures and bullish fractal patterns from 2020 further fuel speculation of a sustained upward trajectory for Dogecoin's price. Technical Outlook Dogecoin ( CRYPTOCAP:DOGE ) has been on a bullish momentum since yesterday Wednesday, with a Bullish Relative Strength Index (RSI) of 71 indicating a strong Overbought condition or a continual trend. Further validating the bullish nature, the meme coin is trading above the 200, 100, and 50-day Moving Averages. respectively.
Long
by DEXWireNews