#DogeUSDT is showing strong potential to reach $1 soon! 📌 **Swing Entry:** 0.1267
📊 **Current Price:** 0.171
📈 **Max Profit:** 800% with 25x leverage
Keep an eye on it for a great opportunity ahead! 📉💡
DOGEUSDT.PS trade ideas
possible CUP and HANDLE on $dogeit looke like a cup and handel forming on dogecoin. do you own research but this is a probability. lets see how it plays out. i could be wrond, but i looks like one imo. with a decent target at 0.25 . i would like you opinions on this idea please. we need to wait for the handle to be formed to take the trade. its a possibiliy.
please leave you opinion below. i woi; appreciate you thought on this idea.
DOGE Thesis AI Today - Moderate Risk 75%Investment Thesis
As a trader specializing in intraday scalping strategies for Dogecoin (DOGE), the current market conditions present a mixed outlook. The price is currently at $0.1712, with a significant trading volume of 719,516,150, indicating strong interest from traders. The long-short ratios suggest a bullish sentiment among top traders, which supports the decision to hold long positions. However, caution is warranted due to the overbought conditions indicated by the RSI above 70 on the daily chart, alongside strong resistance levels at $0.1741 and $0.1771.
News
Recent Developments
Elon Musk's Endorsement
Date: October 25, 2024
Details: Elon Musk, CEO of Tesla and SpaceX, reiterated his support for Dogecoin during a live Twitter session, emphasizing its potential for mainstream adoption and integration into various payment systems.
Impact: Positive sentiment from a high-profile figure like Musk can boost investor confidence and drive demand for DOGE.
Partnership with Payment Platforms
Technological Upgrades
Elon Musk's Endorsement: Likely to drive short-term price increases due to heightened investor interest.
Partnerships with Payment Platforms: Can lead to sustained demand and increased usage of DOGE in real-world transactions.
Regulatory Clarity: May attract more institutional investors by reducing compliance risks.
Technological Upgrades: Enhances DOGE's competitiveness, potentially increasing its market share.
Negative Impact:
Market Volatility: Despite positive news, the cryptocurrency market remains highly volatile, and any negative news or unexpected developments could lead to rapid price corrections.
Data Analysis
Open Interest: Increasing, indicating that traders are adding positions and anticipating further price movements.
Weighted Funding Rate: Positive, suggesting that long positions are favored.
Liquidation Levels: Being monitored closely, as significant liquidations could trigger volatility.
Analysis: The rising open interest and positive funding rate support the bullish sentiment in the market. However, vigilant monitoring of liquidation levels is essential to mitigate risks associated with sudden price swings.
Binance Data
Trading Volume: 719,516,150 over the last 24 hours, indicating strong market activity.
Market Sentiment: Leaning towards bullish, with experts predicting short-term upward movements.
Expert Consultations:
Predict potential price targets around $0.1741 and $0.1771.
CoinMarketCap Analysts: Emphasize the importance of monitoring key support and resistance levels.
Analysis: The consensus among Binance and TradingView experts is cautiously optimistic. Monitoring support at $0.1710 and resistance at $0.1741 and $0.1771 is crucial for timely trade decisions.
CoinMarketCap Data
Market Capitalization: Approximately $23 billion.
Circulating Supply: 132 billion DOGE.
24-Hour Trading Volume: $719,516,150, indicating active trading.
Analysis: The substantial trading volume and stable circulating supply support the bullish outlook for DOGE. High liquidity facilitates easier entry and exit for scalping strategies.
Sentiment Analysis
Sentiment Score: 65%, indicating moderately positive sentiment towards Dogecoin.
Top Crypto Sentiments: "FOMO" and "Bullish".
Implications: While the sentiment is generally positive, it is moderate, suggesting room for growth but also highlighting the need for caution due to potential shifts in trader sentiment.
Technical Analysis
Daily (1d) Analysis
RSI: 57.9800, indicating a neutral stance but approaching overbought conditions.
MACD: Positive, showing bullish momentum.
Moving Averages: Price is above both EMA20 and SMA20, reinforcing the bullish trend.
4-hour (4h) Analysis
RSI: 65.0000, approaching overbought levels.
MACD: Positive crossover, supporting upward momentum.
1-hour (1h) Analysis
RSI: 60.0000, suggesting potential for upward movement.
MACD: Bullish crossover observed.
15-minute (15m) Analysis
RSI: 55.0000, indicating neutral conditions.
MACD: Positive, supporting bullish momentum.
Moving Averages
MA20: $71,500
MA50: $70,000
Price Position: Currently above both MA20 and MA50, suggesting continuation of the bullish trend.
Support/Resistance Levels
Support: $71,000
Resistance: $72,931.8400
Trend Indicators
ADX: Indicates a strong trend on shorter timeframes, supporting the bullish outlook.
Bollinger Bands: Price is approaching the upper band at $72,931.8400, suggesting potential resistance and the possibility of a pullback if not breached.
Summary of Technical Indicators
RSI: Shows overbought conditions on the daily chart but remains neutral on shorter timeframes.
MACD: Bullish on all analyzed timeframes, though the 1-hour chart shows signs of potential bearish momentum.
Moving Averages: Price above MA20 and MA50 supports the bullish trend.
Bollinger Bands: Approaching the upper band indicates potential resistance and the need for cautious trading.
Top BTC Pairs Performance
Strong Performance: BTC/ETH, BTC/USDT, BTC/BNB
Weak Performance: BTC/DOGE, BTC/SHIB, BTC/ADA
Analysis: Strong performance in major pairs like BTC/ETH, BTC/USDT, and BTC/BNB indicates robust liquidity and market interest. Conversely, weaker performance in smaller pairs such as BTC/DOGE, BTC/SHIB, and BTC/ADA suggests limited momentum in those areas.
Summary
The current market conditions for Bitcoin (BTC) indicate a bullish trend supported by increasing open interest, positive funding rates, and optimistic market sentiment. Technical indicators across multiple timeframes suggest potential upward momentum, with key resistance levels at $72,931.8400 and $73,000. The significant trading volume and positive sentiment from both analysts and retail investors reinforce the potential for short-term gains through intraday scalping strategies. However, caution is advised as the RSI approaches overbought levels, which could lead to a pullback or consolidation.
Trade Recommendation
Outcome: HOLD_BUY
Confidence Level: 78%
Current Price: $72,273.7300
Stop Loss: $71,500
Take Profit: $73,500
Exit Point: $73,000
Entry Criteria
RSI: Below 70 indicates potential upward movement.
MACD: Bullish crossover above the signal line.
Price Position: Above MA20 suggests continuation of the trend.
Current Indicators:
RSI: 49.7300
MACD: Slightly below the signal line
MA20: $71,500
Action Plan
Monitor the Price Closely:
Breakout Strategy:
If Price Holds Above $71,500:
Action: Consider maintaining or adding to the long position.
Adjust Stop Loss: Tighten the STOP_LOSS to $70,700 as the price approaches resistance levels to minimize potential losses.
Take Profit Strategy:
As Price Approaches $73,500:
Action: Consider taking profits.
Adjust Exit Point: Move the EXIT_POINT to $73,000 to secure profits.
Risk Management:
Set Stop Loss at $71,500 to limit potential losses.
Take Profit at $73,500 to capitalize on expected price movement.
Exit Point at $73,000 as an intermediate target.
Be Prepared to Act:
If RSI Falls Below 50:
Action: Indicate a potential reversal; consider taking profits or adjusting positions accordingly.
Monitor Market Sentiment:
Stay informed about any changes in market sentiment or technical signals that could impact the trade outcome.
Assumptions/Limitations
This analysis is based on current market conditions and available data. Rapid market changes may affect the accuracy of predictions. Always consider personal risk tolerance and market volatility when trading.
By @Titan_Karma
SasanSeifi| Dogecoin on the Rise? Hey there, ✌ In the daily timeframe, Dogecoin BINANCE:DOGEUSDT has entered a ranging phase following a lengthy downtrend, effectively maintaining the vital support level at 0.90 cents. As depicted in the chart, the downtrend line has been decisively broken, with the price currently trading around 0.11300. This shift may signal a potential reversal in market sentiment.
🔶If Dogecoin manages to maintain the crucial range between 0.10000 and 0.096, it is expected to target short-term goals of 0.12500 and subsequently aim for the 0.14 to 0.15 cent range. These levels are pivotal for reinforcing a bullish trend.
🔵As the price progresses, it’s crucial to observe Dogecoin’s reaction around the 0.12500 level and the liquidity zone at 0.14. The expected trend is outlined in the chart, and the overall outlook currently leans bullish. Nevertheless, vigilance regarding market volatility remains essential.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Doge updateSo as I posted on the 28th of september, the bullrun has been delayed but the time was ripe for it to start. As I previously said, the entire retracement will be ran through very quickly and we are right on track.
It has currently ran the two internal highs, I assume with the election that it will fall short of the high at $0.2288 then at election it will run through hard and then not stop until it hits the highs at $0.35.
Onwards and upwards
MEME CYCLE TRADE GUIDEIt's very easy to do. You just need to follow how the price interacts with the EMA50 on the 4hr timeframe. This is a trend continuation strategy. Right now we are in an uptrend so the theory of price reversing to the mean can be applied. Check for scenarios where price gets closer to the EMA50 (purple cloude/line).
doge shorthi guys. i expect that doge after receive the red line come down at least to support zone that i determined.thank you for your attention.
Decision for DogeDoge is bouncing between the channel provided. SMA is still looking healthy and we have yet to see th sell signal, but buyers beware - this could be a top for the coming 1-2 weeks strictly dependent on how Bitcoin behaves. Bitcoin is also in a very similar channel and is likely to break down from 90k towards a base at 85k, 80k and 72k. Take partial profits now and wait for the clear signal to be given from Bitcoin.
Doge ideaDoge uptrend is still even though rsi is still at 92 on the daily history shows it has gone up to 96 so we don’t know how high it will get before major pullback I think doge has support at 0.34 cents also that’s the monthly resistance . Still holding a position not selling until trendline is broken and have a buy order at 0.34 . Just an idea
DOGEUSDThi
For now, we don't have any positive signal and the best case is to wait; If the $0.12172 resistance range is completely consumed, we can expect a break of the descending channel and an uptrend.
But now, due to maintaining the downward channelized movement, the probability of the continuation of the downward trend is higher.
What do you think?
Key Indicators Show Bullish Momentum for DOGE on the 1-Hour CharThe latest analysis of the BINANCE:DOGEUSDT 1-hour chart reveals promising bullish momentum, highlighting key support levels that traders should watch closely. Recent price movements indicate a potential breakout opportunity, with DOGE trading above the 9 EMA, suggesting that buyers are currently in control.
The MACD indicator supports this positive outlook, showing sustained buying pressure, although a slight cooling in the RSI suggests a possible consolidation phase. Immediate support is identified around $0.20463, which could serve as a strong foundation for bullish traders. Conversely, a drop below this level may lead to deeper support tests.
For traders, entering long positions above $0.20463 appears favorable, especially if technical indicators remain supportive. A target near recent highs around $0.296 could provide an excellent exit point for profit-taking.
Dogecoin Price Analysis and Year-End TargetWatching the $0.23 resistance is crucial. If DOGE can surpass this level, it may very well set the stage for a powerful year-end rally. Traders should stay alert to volume spikes and potential short-covering activity if the breakout occurs.
3 RR scalpAs BTC is moving higher, so hopefully will alts. Given Doge is overall moving up still, hopefully an entry around the indicated level can target the upper line!
DogeusdtJust made my orders as cryptos look to pump good, since Trump who's also a crypto and stocks fan is about to be sworn in. This is gonna be huge for crypto lovers..
Will Dogecoin continue its growth? Let's find out!Dogecoin (DOGE) has surged by 10% in the past 24 hours, emerging as the top performer among the top 10 cryptocurrencies. This rally follows the November 2 Doge Day celebration, which honored Kabosu, the Shiba Inu behind the original meme and a nod to Elon Musk’s influence on Dogecoin.
The primary catalyst appears to be the traditional Doge Day celebration pump, with the Dogecoin community recently adopting a second Doge Day celebration in Q4 since 2023. Additionally, Elon Musk’s vocal support for US Republican candidate Donald Trump has likely bolstered interest in DOGE, aligning it with the influence Musk holds within the community.
Weeks after the celebration last year, the cryptocurrency’s price went from $0.076 to $0.10. Since the price is increasing now and decoupling from the market, it appears that DOGE could be following a similar pattern.
On the chart, Dogecoin has been forming a bullish flag pattern.
If confirmed, the bullish flag could indicate that DOGE’s price is preparing for another surge, potentially driven by the recent catalysts mentioned above. Should that be the case, Dogecoin’s price might increase by 30% and hit $0.19 from the recent local bottom at $0.15.
On the other hand, external factors like a loss for Donald Trump could trigger a sell-off as Elon Musk’s Dogecoin impact might not be able to help the coin keep its strength. In that scenario, the price might drop to $0.17.
#DOGE/USDT#DOGE
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.1420
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1475
First target 0.1568
Second target 0.1650
Third target 0.1728
DOGEUSDT.P / SHORT / M15DOGEUSDT.P may fall from the Bearish Order Block
Bearish Order Block: 0.15020 and 0.14883
DOGEUSDT.P may decline from the bearish order block. There is a high probability that our trade will end in profit, so I recommend opening a position as soon as possible. Let’s see how the price reacts!
DOGEUSDT.P / SHORT / M15
LEVERAGE :- 50X
Entry Price :- 0.14718
Take Profit :- 0.14347
Stop Loss :- 0.15086
DOGE DOGECOIN Rejection and Support after Hello, dear HODLers!
This is Dogecoin, the biggest memecoin, on the weekly chart. Notice the price rejection at the 78.60% Fibonacci level for the coin's entire history—this is a strong level. We had a few days above this level, but now it's moving below, which could indicate a bull trap. We should wait for the weekly close before drawing any conclusions.
If the weekly close is above this level, higher prices are likely. However, if the weekly close is below, in my opinion, there are two key support levels to watch: first, the 200 MA, and then the green trendline, which has held for over two years. Both of these support levels are significant.
Let's see how this week closes. Feel free to leave any comments or questions.
Thank you for reading, and stay safe!
bullish for dogecoinDogecoin making strong bullish momentum and we see every support works and strong demand in dogecoin so just see all time high after us electins
DOGEUSDT.PTo whom it may concern,
This is DOGE, the biggest #memecoin in #crypto, with leverage up to 75x, so things could get risky. I’m watching the daily timeframe, and my outlook on this chart leans more bearish than bullish.
The blue line is now acting as resistance, and based on price action, the black line could be the next support level to be tested. If the black line holds, it could push the price up toward the top black line.
The volume adds some uncertainty, as steady levels could support a bullish move. 2
If you have any questions, feel free to ask.
This is not financial advice. Stay safe and humble.
DOGE/USDT chart review 1D I invite you to take a quick look at the chart of DOGE in pair with USDT, taking into account the time frame of one day. As we can see, when the price left the downtrend lines, it gained energy for new increases.
But you can see here that the 0.618 Fib level turned out to be a strong resistance at the $0.176 level, only when it is overcome we can see the resistance at the $0.2 level, and then the $0.234 level will be important.
Looking the other way, first of all you need to take into account the level of $0.146 as support, then the level of $0.123 is important, and then visible support is at the price of $0.089.
When we look at the RSI indicator, we will see a reflection from the upper limit, but the large rebound resulted in a slight downward price movement on the chart, which translated into a strong upward movement.
#DOGE/USDT is up 123% already. It's just getting started!I posted about DOGE on August 9th when it was trading around $0.104, recommending an accumulation zone on the chart. The trigger zone was set at $0.11, and DOGE has since broken above long-term resistance, retesting the new support level for weeks.
If you bought the dip, you're likely seeing around a 123% profit from the low. Even if you didn't catch the exact bottom, most are sitting on 70%-90% gains, depending on the entry.
Here's why I believe DOGE can still perform well and possibly reach $1 in the coming days:
1. **Breakout Retest:** DOGE has broken out of its long-term accumulation channel and is now retesting that breakout.
2. **Weekly Doji:** A strong weekly Doji recently formed, suggesting increased buying pressure.
3. **Elon Musk Factor:** Musk could push DOGE again, potentially after this year's U.S. presidential election.
4. **Key Moving Averages:** DOGE is trading above the 200 EMA and is holding above the 100 EMA, signalling strength.
5. **RSI Indicator:** With an RSI around 55, there’s still plenty of room for growth.
6. **MEME Coin Season:** MEME coins, led by DOGE, are thriving this season, and the next bull run could further boost DOGE.
7. **Bullish Indicators:** Several technical signals suggest a potential bullish move.
My Plan: I’m holding DOGE on spot for the next 6 months and accumulating on any dips.
Remember, this isn’t financial advice. Do your own research before making any decisions.
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What do you think—can DOGE 5x from here, or is it just hype? Let me know your thoughts, and hit the like button if this was helpful!
