DOGUSD trade ideas
DOGE - MACD Divergence?Hello,
This appears to be a Bearish Divergence in the MACD. A pretty solid indicator….
Curious to see if this results in a pull back to reset the RSI, Check in on some old resistance levels now turned support, and stabilize our journey… or if the exponential growth projections will continue… which is exciting, but may imply more future volatility.
Love you Doge!
approximate Doge cycle - reference for newbiesBeen seeing a lot of folks newer to crypto, wondering where we are in the cycle.
While continued growth isn't certain, history has a way of not necessarily repeating itself but at least showing shadows of itself. hopefully this chart will help visualize a little.
This pertains to DOGE only. every chart tends to differ time wise.
SRSISRSI was our friend will it be our friend again? Notice the white vertical lines on the chart when the SRSI made a bullish cross over into the blue range above 20 levels we had some very pleasant positive price action. Now, once again we are above the 200 EMA and it seems we may have another bullish SRSI cross over (caution todays candle did not print yet). Also, we are in the 80 RSI levels those levels can bring price reversals please be very alert and careful.
Have a great day
STELLAR and DOGECOIN_chartsThe similarity between Dogecoin's run up and the current trend of XLM is quite similar leading me to see the price of Stellar holding up to the position current on the chart, that is if the similarity between both charts is an example of what happens among many other theories on price and targets.
Doge breaking out of H4 ChartLooking for a long to the 1.618 off the recent high swing low. PA is trying to break H4 structure to the north. Price action is trading above the 50 sma. Price is currently trading above H4 resistance. roughly 25% return if doge can squeak out 50 cents. Green line is my entry. Stoploss is around .389000
NFA, Do your own DD.
Thanks for viewing the idea.
HolderStat | Memecoins included in the top 100📊 This week’s analysis of top 100 memecoins revealed some surprises: classic memes like DOGE and SHIB didn’t make the top 5 performers or underperformers. Their lower volatility makes them less appealing for quick gains on price growth.
📉 Coins on the Solana network faced notable declines, presenting an opportunity to build positions at lower prices.
🔥 Meanwhile, fresh memecoins across various networks delivered impressive results, grabbing the spotlight for the week.
DOGE Forming a Flag Pattern: Major Price Shift Incoming!DOGE positioning its current price range between $0.341 and $0.433. It's still overall same as yesterday range analysis. make sure you understand key level for doge as now forming flag pattern on the chart
🔑 Key Observations:
❗ Breakout from flag pattern could indicate big movement to DOGE
1️⃣ Above $0.433: Valid breakout at this level? Doge is expected to maintain its upward momentum. ⭐️⚡️
2️⃣ Below $0.341: A break below this threshold could trigger a move toward the nearest support zone, marked in blue on the chart.
Stay alert to these key levels and trends to optimize your trading strategy.
Follow for regular updates! ✅
Analyzing DOGE/USD: Market Trends, Forecasts, and InsightsThe current price of Dogecoin (DOGE) is approximately $0.38 USD, experiencing a slight decline of 0.38% in the last 24 hours. Over the past month, DOGE has shown significant growth, increasing by over 160% from $0.15. Year-over-year, the price has risen dramatically, showing a 428.41% increase from $0.0716 in November 2023
Measured move for DOGE? Or more crabbing/fakeouts?The more I look over the DOGE charts, the more of a DOGE bull I become!
This looks like it's winding up very nicely into a bull pendant- a much more predictable bull pendant than any of the weird crap the BTC perps chart keeps throwing out.
It's almost like there are government/enterprise traders who know exactly how far they need to dither each candle to shake out retail traders, just in time for more ETF news...
I'm liking DOGE a lot more.
Trading Idea for DOGE/USDT: Potential Bullish Flag Pattern
The DOGE/USDT chart is currently showing a potential Bullish Flag pattern after a strong upward movement. This pattern suggests a consolidation within a narrow range before the price might continue in the direction of the prior trend. However, for confirmation of the pattern, the price needs to break above the key resistance level.
Key Levels:
Resistance (Upper boundary of the Flag): $0.4389
This level is the key point to watch. A break above this level would confirm the pattern and suggest a continuation of the upward trend.
Support (Lower boundary of the Flag): $0.3345
This level acts as support. If the price drops below this level, it could indicate a trend reversal, invalidating the bullish setup.
Potential Scenarios:
Bullish Scenario (Potential Breakout):
The current Bullish Flag pattern has the potential to trigger a breakout if the price breaks above $0.4389.
If the price moves above this level, we expect a continuation of the bullish momentum towards $0.50 and potentially higher to $0.55, depending on market conditions.
Price Action: Higher lows suggest accumulation and readiness for upward movement once the key resistance is broken.
Bearish Scenario (Failure to Break Resistance):
If the price fails to break $0.4389 or drops below $0.3345, the bullish potential is invalidated, and the price could move lower towards $0.30 or $0.25.
Price Action: Rejection at the upper boundary or a break below support would signal weakness in the market and a possible trend reversal.
Target & Stop Loss:
Target: If the price breaks above $0.4389, the first target would be $0.50 and potentially $0.55, based on the height of the Bullish Flag pattern.
Stop Loss: Place the stop loss just below $0.3345 to manage risk in case the market moves against the expected breakout.
Volume & Momentum:
Look for a surge in volume when the price approaches the $0.4389 resistance. A valid breakout is often confirmed with an increase in trading volume.
RSI is at 58.61, indicating positive momentum but approaching overbought levels. This suggests a breakout may be likely if volume supports it.
MACD shows bullish momentum, with an upward crossover, signaling continued strength in the trend.
Price Action Signals:
The series of higher lows within the Flag supports the idea of a potential breakout, confirming the market is accumulating before moving higher.
Failure to break above $0.4389 would result in price rejection, suggesting a reversal could occur.
Conclusion:
The Bullish Flag pattern is potentially forming, and a breakout above $0.4389 will confirm the continuation of the bullish trend. Monitor volume closely to confirm the breakout. If the price fails to break resistance or breaks below $0.3345, it could signal a trend reversal, so consider adjusting your position accordingly.