DOGEUSDT_89DA41 trade ideas
Bullish for Dogecoin ATHAs if you see my last Doge coin analysis you also made 2x Profits and some more just check okay
and now some correction we need in doge and then All Time High again that it what we waiting just prepare your accounts for doge and in 2025 we again bill be in good profit for doge.
As bitcoin history repeats and now time for doge to repeat history.
Is DOGEUSDT About to Crash?DOGEUSDT 1-day timeframe, where the current RSI has reached an overbought level of 92. Historically, each time the RSI surpassed the 90 mark, it signaled a peak in price action, followed by a subsequent decline. Notable instances marked on the chart demonstrate this consistent behavior.
With the RSI hitting 92 once again, we may anticipate a similar pattern repeating, suggesting that a potential price correction could follow soon.
Regards
Hexa
MY LAST and happened to be MY FIRST postBYBIT:DOGEUSDT.P
I am so embarrassed of myself while posting this.
I have entered this trade around 12 hours ago somewhere around 12PM GMT time
I went long X10 Cross at the time the trend was very hot up and set a TP on previous high. little after that I was 70-80% close to my target and did not close it, later on it went all down from there. I even draw the triangle and by now I was sitting watching it go down from there all the way up to now. I saw it breaking all the support points where I thought it will go back from.
stupid me I am writing this with almost tears in my eyes. by the time it will reach THE END line is total account would be liquidated !
that is the end of my trading journey which I spent countless nights trading and learning.
you can blame me as much as you want. you wont blame me more than I do myself.
Stay safe and farewell dear friends.
:(
DOGE near a key breakout area - possible bullish target $0.5DOGE is approaching a significant breakout level, showing potential for a bullish move towards the $0.5 mark. Currently consolidating near resistance, DOGE’s momentum indicates possible upside, especially if it can close above this key area with strong volume. A breakout could attract buying interest, pushing prices toward the $0.5 target
DOGE vs SHIB | UPSIDE POTENTIAL | Which is Better for ALTSEASON?DOGE and SHIB have one thing in common : both are meme coins - and that is probably the only thing.
They each take turns to pump and dump, based on their position in the Total Cryptocurrency by Market Cap Rank. One of these, stands to gain much more than the other due to a few reasons as pointed out in the analysis.
Which one are you rooting for this altseason?
Speaking of altseason; don't miss yesterday's important update on BTC, Bitcoin Dominance, TOTAL3 and altseason:
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BINANCE:DOGEUSDT BINANCE:SHIBUSDT
Next moveThis is setting up a run lower to clear out the lows before rallying to 60 cents.
I don't expect it to go any lower than 0.2875. It might look scary but it'll be a good place to buy more.
Queue the people crying crash.
It it doesn't and it runs from here, then it will show more far more strength than I had first anticipated but logically it makes sense to run it lower first.
DOGE can ascend further!Dogecoin is forming a rounded bottom. This means that if this pattern completes, the price of Dogecoin can rise above one dollar. Let's not forget that Dogecoin is the first meme coin supported by Elon Musk.
Give me some energy !!
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Best regards CobraVanguard.💚
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DOGE/USDt: Famous Pattern Indicates Continuation To The Upside Falling peaks and rising valleys have built famous Triangle pattern
on the hourly chart of DOGE/USDt.
It's a consolidation after a big rally, which means more upside move is ahead.
Watch the price to break out of the pattern.
The target is located at the widest part of Triangle added to the break point.
Its located at 0.533
Breakdown of Triangle would invalidate the pattern.
RSI has managed to keep above the neutral point during this consolidation.
This supports the idea of further move to the upside
Phemex Analysis #35: How to Capitalize on DOGE's Hot StreakPHEMEX:DOGEUSDT.P has recently experienced a significant surge, gaining over 100% in the past week and 300% in the past month. Originally known as a peer-to-peer digital currency favored by Shiba Inu enthusiasts, DOGE has evolved into a cultural phenomenon, often associated with Elon Musk and even linked to the United States Department of Government Efficiency (DOGE). These factors have solidified DOGE's position and fueled its recent price increase.
Key Levels to Watch:
Resistance Levels: $0.442, $0.564, and $0.744
These levels could act as barriers to further price increases or potential buying opportunities if broken with strong volume. The recent attempts to break through the $0.44 level on November 12th and 13th were unsuccessful, leading to a consolidation phase around $0.37 to $0.42.
Support Levels: $0.37, $0.34, $0.28, and $0.20
If the third attempt to break the $0.44 level fails, the price may retreat to one of these support levels. These levels could provide opportunities to accumulate DOGE at a lower price. Depending on your risk tolerance, you can enter earlier at $0.37 (but carry higher risk of price dropping) or enter later at $0.28 (lower risk, but might miss the entry). Alternatively, you can diversify your investments by allocating a portion of your funds to each support level.
Leveraging Trading Strategies
Grid Trading:
Utilize Phemex's Advanced Grid Bots to capitalize on price fluctuations within a specific range. By setting a grid between $0.28 and $0.744 (or higher), you can automatically buy low and sell high, maximizing profits from price swings & high volatility of DOGE.
Martingale Strategy:
If you're bullish on DOGE's long-term potential, consider using Phemex's Advanced Martingale Bots to double down on your position at lower support levels. Remember to use lower leverage to manage risk effectively.
Conclusion
DOGE's recent surge has generated significant excitement and volatility. While the future of the coin remains uncertain, understanding key support and resistance levels can help you make informed trading decisions. By employing effective trading strategies and managing risk, you can capitalize on potential opportunities in the volatile cryptocurrency market.
Tips:
Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.