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Dogecoin / Tether USD on BSC (0x023b6298e2f9aE728B324757599F2A36e002a55A)

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DOGEUSDT_023B62 trade ideas

Is Dogecoin Ready to Break $0.20 and Drop 20%?Hello and greetings to all the crypto enthusiasts, ✌ All previous targets were nailed ✅! Now, let’s dive into a full analysis of the upcoming price potential for Dogecoin 🔍📈. Dogecoin is approaching a key resistance zone at the top of a descending channel, coinciding with the crucial $0.20 psychological level. Given current market dynamics, a breakdown below this level seems likely, potentially triggering a 20% decline. The primary downside target stands at $0.15, a significant support area reinforced by a major trendline. This level could serve as a key point for price stabilization or a potential reversal.📚🙌 🧨 Our team's main opinion is: 🧨 Dogecoin is near a key resistance at $0.20, and a potential 20% drop to $0.15, a strong support level, seems likely. 📚🎇 Give me some energy !! ✨We invest hours crafting valuable ideas, and your support means everything—feel free to ask questions in the comments! 😊💬 Cheers, Mad Whale. 🐋
Short
by MadWhale
9
doge buy midterm"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
$DOGE Market Update📊 $DOGE/USDT Market Update Welcome to today's analysis! Let’s break down the current price action on CRYPTOCAP:DOGE and its potential movement. 🌐 Overview: CRYPTOCAP:DOGE Testing Key Resistance & Double Bottom Formation 📉 CRYPTOCAP:DOGE was in a downtrend, but now it's showing signs of potential reversal, as price has formed a double bottom pattern. 🔄 Current Scenario: CRYPTOCAP:DOGE is testing the red resistance zone, which is a critical level that needs to be broken for further bullish confirmation. If DOGE successfully breaks out, the target will be the blue line level, which was the previous lower low (LL). However, if the price gets rejected, we could see another pullback before another breakout attempt. 🔑 Key Levels to Watch 🔴 Resistance Zone: Red Level (Needs breakout for bullish continuation) 🔵 Target Level: Blue Line (If breakout is successful, price may reach previous LL) 🛠️ Trade Scenarios 📌 Bullish Scenario (Breakout Above Red Resistance & Double Bottom Confirmation) If CRYPTOCAP:DOGE breaks and holds above the red resistance zone, this would confirm bullish momentum, with a potential move to the blue target level. The double bottom pattern would also signal a strong reversal if confirmed. 📌 Bearish Scenario (Rejection at Resistance) If CRYPTOCAP:DOGE fails to break out, the price may pull back, potentially forming a higher low before another breakout attempt. 📌 Conclusion CRYPTOCAP:DOGE is at a critical resistance zone, testing a double bottom breakout level. A successful breakout would confirm bullish momentum, targeting the blue line level. However, a rejection may lead to a pullback before another attempt.
by WaveRiders2
Head and shouldersWe will see between 0.17 and 0.11 what happens. We need a higher high to confirm anuthing of bullish nature. The Relative Strength Index (RSI) on the daily chart reads 33 after rejecting around its neutral level of 50 and approaching its oversold level of 30, indicating a strong bearish momentum. The Moving Average Convergence Divergence (MACD) indicator also showed a bearish crossover, hinting at a further downtrend. If DOGE continues its correction and closes below the $0.18 weekly support level, it could extend the decline to test its November 3 low of $0.14. Dogecoin (DOGE) extends its decline, trading around $0.19 on Tuesday after falling nearly 17% the previous day. The recent correction in DOGE has triggered a wave of over $20 million in liquidations in the last 24 hours and more than $100 million last week. The technical outlook and long-to-short ratio suggest a further pullback targeting the $0.14 mark.
by joliejan
Nothing !!!Maybe this pattern will happen again... Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ❗Disclaimer ⚠️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
1
Dogecoin (DOGE) Analysis: Double Top Signals Bearish Movehello guys! Double Top Formation: The chart clearly shows a double-top pattern, which is a strong bearish reversal signal. The break below the neckline confirms the downtrend continuation. Bearish Divergence on RSI: The RSI showed divergence, meaning the price made a higher high, but the RSI made a lower high. This signals weakening momentum and a likely correction. Support Levels (S1 & S2): S1 (around $0.22) might provide temporary relief, but the main target is lower. S2 ($0.176 - $0.18) aligns with the double top target, making it a critical support zone. Potential Price Scenarios: If DOGE fails to hold at S1, the price may drop to S2, completing the pattern. A strong rebound from S2 could trigger a bullish recovery. Conclusion: The double top breakdown suggests further downside toward $0.176 - $0.18, which could act as a strong support level. Until a clear reversal signal appears, the bearish trend remains dominant. Traders should watch these levels closely! 🚨📉
Short
by melikatrader94
12
doge midterm buy"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
Doge isn't looking goodDogecoin just crashed to 0.185, and it’s definitely at a pivotal spot right now. Price Action & Key Levels The price is testing a major support zone between 0.180–0.190, a level that’s held firm in the past. If it holds here, we could see a bounce back up. But if it breaks below 0.180, watch out, next stop could be 0.160, a strong support from earlier this year. On the upside, DOGE has been sliding in a descending channel for a while. A break above the upper trendline, around 0.200, might kick off a rally toward 0.220. So, the range to watch is 0.180–0.190 as the floor and 0.200 as the ceiling. Technical Indicators RSI: Sitting at 35, close to oversold. This could tempt buyers to step in soon. MACD: Showing a bearish crossover, which means momentum’s still leaning down, but it’s not crazy strong yet. 50-day Moving Average: DOGE is below it at ~0.195. Reclaiming this level would be a bullish signal. Volume: Spiked hard on the drop (lots of selling), but a big volume push on a bounce could turn things around. Bullish Case: A daily close above 0.195 (50-day MA) or a break past 0.200 could signal a reversal. Bearish Case: A close below 0.180 opens the door to more downside. DOGE often moves with Bitcoin, and BTC’s looking shaky lately, so that’s a headwind. But meme coins like DOGE can defy logic if hype kicks in, keep an eye on social media chatter. For now, set alerts at 0.180 (support) and 0.200 (resistance), and use stop-losses to play it safe. Wait for a clear move before jumping in, this chart’s still deciding its next step.
by MonoCoinSignal
11