DOGEUSDT trade ideas
DOGEUSDT Major supports are ahead As we can see price is now near major daily support zone and we can expect more pump from those supports like green arrows.
For now we may have more correction to the downside before the expected pump arrive.
DISCLAIMER: ((trade based on your own decision))
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DOGE, Very sensitive to a PUMP NOW... All signs flashing!DOGE is flashing all hints of an upside squeeze. This coin will be very sensitive to a pump now -- be prepare.
Massive accumulation is happening at this moment.
Daily data is conveying significant price shift.
KEY NOTES:
Descending trendline break.
Tripple bottom bounce -- solid support base.
Increasing net buy volume.
Spotted at 0.072
TAYOR.
Safeguard Capital always.
Doge UpdateI expect a bearish correction to test the midline of the falling wedge before break up and target 0.27 area in naext year.
Dogecoin To The Moon!Dogecoin meets resistance in May and from this resistance a bearish impulse develops. When the price bounce happens, a bullish wave starting from the August low, the action goes towards this resistance. This is marked with a bold orange line on the chart.
The action moves just above the previous high. This activates all the stop-loss orders. Resistance holds. Selling starts and we see the last 3D candle being full red. This session we are seeing consolidation.
Two scenarios can develop:
1) Just as it happened in late October, two sessions lead to another bullish jump and this bullish jump then quickly reverses.
2) Bullish momentum has already been fully exhausted and prices move lower.
I am going with the second scenario for many reasons. Marketwide action, I published Solana and Ethereum recently and these show a strong bearish bias. I also shared dozens of other projects, big and small, and they all have bearish charts.
Trading volume is low and we have been expecting a correction before the 2025 bull-market, which is normal. Seeing prices drop before 2025 is as normal and as standard as it can get. The chart support this normal behavior.
Bearish Dogecoin, bearish Solana, bearish Ethereum, bearish Bitcoin.
You can find all the other charts by visiting my profile, just tap my username. You will find hundreds of analyses. New ones going out every single day.
You can read for learning, for fun or to trade.
Thank you for your support.
Namaste.
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!
DOGE HOURLY CONSOLIDATIONWe are currently observing price consolidation on the hourly timeframe. It's important to monitor the highlighted key zone closely, as it may indicate a potential bearish reversal. To anticipate a rally to the upside, we need a confirmed breakout above the trend line or upper boundary. Conversely, a breakout below the support within the consolidation zone could lead to bearish momentum to the downside.
Analyzing Dogecoin (DOGE) on the 1-hour timeframeAnalyzing Dogecoin (DOGE) on the 1-hour timeframe, the price is approaching a resistance level marked by the pink zone. A breakout above this resistance could lead to a move towards the target area indicated by the blue zone.
Key Points:
Current Resistance: Pink zone on the chart.
Potential Target: Blue zone above the current resistance.
Action Plan: Monitor for a confirmed breakout above the pink zone before considering a long position towards the blue zone.
Always ensure proper risk management and wait for clear confirmation before entering a trade
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
Doge Elliot wave Elliot wave theory fits exactly on this wave impulses . with a maximum target of 0.23 but ideally 0.20 would be the place people will start to take profit . also it all depends on Btc as well . If Btc can consolidate around this levels doge can go higher to complete wave #5 .
DOGE - WATCHING FOR BREAKOUTDogecoin Update: Targeting $0.70
some interesting developments in crypto lately. Bitcoin has broken out, which is getting a bit of attention. Have had my TA post targeting 78K range. Coin base’s recent earnings mentioned support from the Trump administration for pro-crypto regulations, potentially paving the way for more adoption and fewer hurdles if he is elected. Not going to get into a political debate with anyone.
With the market shifting, Dogecoin likely looking at a target of $0.70+ soon. Let’s keep an eye on how things progress.
DOGEUSDT Channel Breakout to the Up SideOn the daily timeframe, DOGEUSDT has broken and closed above the channel, signaling a bullish trend. Additionally, the price has moved above the previous high, indicating a potential shift in market structure. Last week, the market demonstrated strong bullish momentum by breaking out of the consolidation zone. Given these bullish indicators, the price may continue to rise, with the target being the resistance zone around 0.15860
Doge channel breakIt seems that Doge is going to break this channel. Use the entry point and target as mentioned and put your stop loss just little a head the last bar.
But we have to ensure that the break is confirmed
Dogecoin: Elon Musk Wins Lawsuit Over PAC’s $1M Voter GiveawayIn a turn of events that's stirring both the political and crypto worlds, Elon Musk has scored a legal victory amid mounting controversies over his $1 million voter giveaway initiative. This comes as the U.S. election looms, with Musk's Political Action Committee (PAC), America PAC, under scrutiny for potentially swaying voters through financial incentives. While Philadelphia District Attorney Larry Krasner's efforts to halt the campaign have faced judicial setbacks, Musk's influence continues to ripple through the markets, notably impacting CRYPTOCAP:DOGE , a cryptocurrency closely associated with the Tesla CEO.
Legal Rulings and Election Implications
As of October 31st, Pennsylvania state judge Angelo Foglietta has allowed Musk's giveaway to proceed, pending further federal review. Krasner argues the PAC’s financial incentives could unduly influence the election process, citing the giveaway as potentially illegal under state consumer protection laws. However, Musk's defense frames the case as one raising federal questions around free speech and voter engagement, maintaining that the initiative falls within legal bounds as it targets voters in seven key swing states, including Pennsylvania, Arizona, and Michigan.
Federal prosecutors have issued warnings over the initiative, suggesting it may conflict with laws against compensating voters. Critics further question the transparency of Musk’s campaign, particularly concerning how recipients are chosen and how collected data is managed. Compounding the scrutiny, Musk has voiced support for Donald Trump and allocated substantial PAC funds to mobilize Trump’s base, with reports indicating over $120 million spent on outreach campaigns and social media efforts.
Musk’s Influence and CRYPTOCAP:DOGE Price Action
With Musk's prominent role as a driver of Dogecoin’s market value, his involvement in U.S. political controversies is also affecting CRYPTOCAP:DOGE ’s price action. The announcement and ongoing legal proceedings initially sparked volatility, as traders awaited clarity on Musk’s standing and broader market sentiment. Currently, CRYPTOCAP:DOGE is down 2.83%, yet technical indicators suggest that Musk's legal stance and the upcoming election could renew upward momentum if positive news emerges.
Despite recent downward pressure, CRYPTOCAP:DOGE ’s Relative Strength Index (RSI) holds at 63, signaling resilience within a still-active bullish trend. Moreover, the cryptocurrency’s price pattern showcases a symmetrical triangle, a technical structure typically indicative of a possible breakout. With the 63 RSI level implying remaining buyer interest, CRYPTOCAP:DOGE could shift positively if Musk’s influence within the crypto space is reinforced by the PAC’s successful performance or favorable election outcomes.
Analyzing CRYPTOCAP:DOGE ’s Technical Setup
As CRYPTOCAP:DOGE trades within a bullish symmetrical triangle, there are signs of an impending price move. Key support levels include $0.15, while resistance at the upper triangle boundary may test CRYPTOCAP:DOGE 's rally strength. If Musk’s influence reignites bullish sentiment in CRYPTOCAP:DOGE , the breakout from this pattern could result in substantial gains for holders. As the election and PAC developments unfold, Musk’s advocacy for CRYPTOCAP:DOGE , coupled with his high-profile election activities, are set to keep CRYPTOCAP:DOGE traders closely watching.
The Bottom Line
With Elon Musk entangled in election-related legal proceedings and Musk’s America PAC controversy looming large, the impact on CRYPTOCAP:DOGE remains a focal point for traders and enthusiasts alike. For those tracking CRYPTOCAP:DOGE , the correlation between Musk’s actions and the crypto’s price movement underscores his ongoing influence. As the election nears and the legal landscape shifts, Musk’s success in court may very well align with CRYPTOCAP:DOGE ’s next breakout, potentially providing significant opportunities for the coin’s traders.
DOGEUSDT.PTo whom it may concern,
This is DOGE, the biggest #memecoin in #crypto, with leverage up to 75x, so things could get risky. I’m watching the daily timeframe, and my outlook on this chart leans more bearish than bullish.
The blue line is now acting as resistance, and based on price action, the black line could be the next support level to be tested. If the black line holds, it could push the price up toward the top black line.
The volume adds some uncertainty, as steady levels could support a bullish move. 2
If you have any questions, feel free to ask.
This is not financial advice. Stay safe and humble.
DOGEUSDT wait for heavy pump more bull candles are comingAs we said before we are looking for next targets to hit like 0.22$ and 0.26$ and more....
for now we may have short-term correction to the supports mentioned on the chart if and only if the market need that rest and then more pump to next resistances mentioned on the chart.
DISCLAIMER: ((trade based on your own decision))
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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 will catch a lot off guard (up only)The meme space has dominated this cycle. I’ve made a ton of gains on memes by recognizing this early (it was obvious earlier this year when memes seemed to always be green fastest after a btc dump.
(Caught $brett from early on).
Anyways daddy doge is making its name back to retail. A boomer I know sold his doge at a 40% loss just weeks ago after buying years ago after SNL skit because he likes Elon. Him selling after holding for years marked the absolute bottom.
Once he buys back, I’ll be selling ($1+)
#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! 📉💡
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
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/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.
