DOGEUSDT_023B62.USD trade ideas
$DOGE finally looks hawt
From a time cycle perspective, Dogecoin is currently sitting at the very end of its normal range to retest prior all-time highs.
If you consider crypto cycles related to CRYPTOCAP:BTC 's halving, 6 months post halving is generally when we starts to see some big moves in the whole space.
From an Elliot Wave perspective, #dogecoin has likely bottomed for this swing and could begin a drive higher at anytime - the most likely time could be between weeks of August 12 and August 26.
Price
A conservative target for 2024 is at the 100% Fibonacci extension at $0.296.
An aggressive target for 2024 is the 161.8% Fib Ext at $0.565. Consequently, $0.565 is pretty damn close to Dogecoin's highest historical close ($0.571).
2024 highs likely to be found between mid-November and mid-December 2024.
What I'm Watching Closely
The Detrended Price Oscillator (DTO) has been languishing below zero line for three months - a close above the zero line on the weekly chart will be a big big pay the eff attention signal.
The weekly Composite Index (CI) remains in a historical support zone and has just crossed its fast-moving average, now waiting for an appropriate cross over and close above the slow-moving average.
Point & Figure Analysis
This is my favorite chart style, and the one I use to execute any trades on: Point and Figure.
Here's the first thing I like about a bullish outlook on Dogecoin: it broke below a head-and-shoulder pattern and then it returned above it:
At the same time, an inverse head-and-shoulder pattern is developing, along with a possible Triple Top Breakout (a P&F pattern).
If everything on the candlestick charts looks positioned nicely, and there's a valid entry condition on the P&F chart (currently $0.13), then I'm pulling the trigger.
Short Term Bullish DOGEApproaching level that has always been respected by DOGE coin RSI below the 50 Level AO is also below the mid point however DOGE is at a key level High probability of doge bouncing here then going higher but then again it may go lower to around 7 cents mark however it must deviate first on ltf before going lower that being said i will long and if the long fails i will short.
DOGUSDThe cryptocurrency chart is printing Bullish Trend HH and HL with no Divergence .
The Entry Point will be 0.1278 and the stop loss will be 0.1181
WOOF WOOF BARK BARK DOGE THE GOOD BOYDoge chart looking really nice.
Not much to say.
Labeled most things on the chart.
Trend support picked up price action.
Big time trend support.
This is the kind of thing you want to see before a few hundred percent gains.
Good luck.
DOGE PREDICTIONCRYPTOCAP:DOGE My Longer term view.🚀
Colored #’s = Year type
1 Red = Bear Market
2 Yellow = Accumulation/Sideways
3 Orange = Small Ramp up
4 Green = Bull Market/Top
Colored boxes below indicate cycle type timeframe.
#DOGECOIN True Bull Market is next year IMO.
Note: Chart readjusted from most recent low put in, now acting as support level.
Not financial advice.
Doge short.Went long doge at 10 cent but really would be stunned if this isn't a blow off in the crypto market.
Looks really sus for one.
Bias firmly back to short for the time being.
Short doge
Short 0.1171
Stop 0.1246
Target 0.782
DOGE - Prepping for Bull MarketWe are also seeing DOGE paint the necessary signals in the chart to give investors confidence of a bull market on the higher timeframes.
Therefore we have the weekly chart (left) and the monthly chart (right).
On the weekly chart:
- Perfect test of the red 100 MA (Where the bottom was formed)
- A close above our blue 200 MA would flip that back into support.
- Welly RSI developing uptrend (white line/ green arrows)
On the monthly chart:
- Holding the 21 and 50 MA (purple/green MA)
- Monthly RSI trying to flip the median line into support
The median line is the 50 level which was old resistance for over a year (red arrows) and is currently trying to act as a new level of support (green arrows)
Of course, these are higher timeframe signals, so could take some time to go into full effect but looking good.
Dodge Coin !!! Getting Ready for Big Move ???Dodge Coin - is getting ready for big move again !!!!
Dodge Coin - look like Dodge coin fav pattern is Triangle - Watch for next breakout....
:-) enjoy and make profit
Gautam
Analys
DOGEUSD Dogecoin Bullish Money heist planMy Dear Robbers / Traders,
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Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
DOGE VS USDTHow much price go further down or go further up is define by how price action build up in specific time frame which we can see through technical analysis.Any of alta coins showing that bearish is over
Just a simple idea , I hope all this signals don’t lie :) Is we finally blowing up ? ⭕️x2 I been watching this chart for the past years and I hope this x2 circles in the Bullish falling wedge don’t lie . To the moon !!!!!!
Is just my opinion and a different way of seeing it …..
Price action alternationEach time price went under the 2-year SMA, it reached at least -40%. Up to that point, price had never gone under the line by more than 60%.
At the same time, we have seen many more strong moves in the opposite direction.
According to the alternation norms, there is a higher probability that the price action could be rougher this time.
DOGUSDTCurrently on DOGUSDT price has just retested to the daily fair value gap closing above it indicating a strong level of support also price haven't retested the true year open which is a positive thing because it means that at the end of the year price will hve to be above that level. this means this support area that we are enetring at might be the actual reversal that will drive the DOGUSDT to $1
Dogecoin price actionBased on the situation, if DOGE successfully crosses $0.12, it could lead to a sustainable and remarkable rally. Meanwhile, the price has mobilized from the lower boundary of the wedge to overcome the dynamic upper trendline resistance level and ascend to new elevations.
Is PEPE the DOGE of this cycle?Pepe has shown tremendous strength since the start of 2023.
Currently it looks like PEPE is trying to form some sort of Elliot wave pattern similar to DOGE's explosive run last bull market. Something to keep an eye on.
Another Look at DOGE - Pure Speculation based on HistoryThis is another chart purely based on historical price action and the chart looks pretty bloody good.
However ...... Between Kabosu's death (R.I.P) , the myriad of new meme coins being generated ( ..and rugged) and questions over any future utility that DOGE may have. Can it continue its pattern ???
Doge: When there is blood....,Setting up first trade since my previous count got invalidated and stop loss hit. Risk to reward is pretty good here. If things go as planned, there will be profit taking along the way. Looking for first leg to reach $0.15- $0.16 where I will take out half of original capital and look for a B wave for a reload. Let's see how it goes.
Heads up on DOGE lowest drop these days!I am looking at the lowest DOGE price these days and prevent liquidation for positions which trapped and there is no alarm on what might be the lowest price when most account discuss bullish scenarios! Following the previous market attitude, I guess the lowest dip we might have on DOGE price is about $0.10183 then RSI will recover from that point (Monthly and Weekly RSI still have some room downward.)
Please share your thoughts if you agree or disagree!
DOGEYou hear a lot about 'generational' entries...
This one's actually generational.
1/16 DOGE
No new lows under .10.
Ever.
Dogcoin - Bullish CampaignMassive support level is kicking in while the Dogcoin is pulling back of off 0.1030. We anticipate a turn around that will kick start the next bull cycle. Important resistance key-levels to target are at 0.1198, 0.1426, 0.1603, 0.1869
A shameless DOGE copy-past from previous cyclerevised DOGE Chuvashov fork.
if the line holds (and i'm betting it will), we should get a few more months of consolidation followed by explosive move upwards.
