DOGE // History Repeating ? DOGE // History Repeating ?
DOGE/USD 1w chart
1-6 cycle scheme
Support = Green Line
#doge
DOGUSD trade ideas
Dogecoin (DOGE) Gears Up for a Leap Towards $0.090200-Day EMA Reversal: Dogecoin displays a bullish shift from the 200-day EMA, raising hopes for further gains.
50-Day EMA Resistance: The DOGE price encounters a hurdle at the 50-day EMA, hinting at a possible double bottom reversal.
Upside Potential: Breaching the 50-day EMA could propel DOGE towards the $0.090 level.
Market Recovery Tailwind: As the crypto market shows signs of revival, meme coins like Dogecoin find renewed traction for upward movement.
Anticipation for February Rally: The current market dynamics set a stage for a potential rally in Dogecoin, especially in February.
$0.10 Milestone Insight: For insights on whether Dogecoin will surpass the $0.10 mark in 2024, delve into our in-depth DOGE price prediction.
W-Shaped Comeback Strategy: Dogecoin’s price action resembles a W-shaped recovery, indicating a potential breakout.
Retest of Crucial Levels: After failing to hold gains above the 50-day EMA, DOGE retests the foundational support at the 200-day EMA.
Bullish Engulfing Pattern: A recent bullish engulfing candle, coupled with a spike in trading volume, underscores the strength of the recovery.
Consolidation Zone Forming: A trading range is emerging between the 50-day and 200-day EMAs, setting the stage for a decisive breakout.
MACD Indicator Optimism: The MACD indicator’s bullish crossover underlines a resurgence in Dogecoin’s recovery trend.
Critical Price Movements: If Dogecoin can successfully breach the 50-day EMA, a rise to $0.090 seems likely, with potential to touch $0.10. Conversely, a dip below the 200-day EMA might drag the price down to $0.075.
DOGEOrderblock analysis:
Prior swing low taken on January 3rd dump to .076.
Last down candle before the move up a few days thereafter, which is where orderblock is. It is where market orders selling were absorbed by passive bid. Entity with enough size to move market absorbed all the sell pressure, thereby creating orderblock.
Market structure breaking move to the upside follows as other large buyers step in, leaving behind liquidity gap or fair value gap that is often protected on any retests.
You can see buyers stepping in at the same place the orderblock was originally created on retests so far.
DOGECOIN: Bullish – BAT detected + R.O.C to watchDOGECOIN: Bullish – BAT detected + ROC to watch
The R.O.C is starting to enter positive territory
Possible increase:
0.10005
0.09439
0.09055
0.08596
0.08527
Possible decrease:
0.07756
0.07682
0.07458
DOGE - common patternsHello!
Here are one of the common chart patterns illustrated on my 3D space map. Using some of the short range projections to establish longer range projections makes my chaotic seeming method quite powerful at forecasting the future of likely movements between levels. When key decision points arise, conducting the same method on the 30s time frame allows me to accurately trade. Though that does clutter up the chart and crash the servers at TradingView.
Here we are zoomed in on the 9minute candle.
Doge Today - Continuation, or slam dunk?these are my tow favorite patterns for today. the white one is one I have warned about before... that high wing to low wing down hill footed monster is destined to throw down real hard... like level breaker is likely.
That would be good... reset the RSI before the run up toe the next level, so we can stay up there and not come back to test this again.
DOGENow that we have reclaimed .08 after deviating below .08 support what if we simply sned higher from here?
Doge - Bearish warningsToday’s view suggests a bearish flag continuation pattern has formed, and could give rise to a move down. Shown her in the yellow to green to red patterns. The other patterns still show bullish forces relevant to our motion.
Good Luck!
DOGECOIN Bullish Fibo TrendDoge has been rising since mid-October finding support at 0.065 price, that is my trigger and the beginning of the bull trend. Personally, I keep accumulating at the Fibonacci level of 0.85 and holding until April 2024 before the BTC halving
Dogecoin Pitchfork5 Billion dogecoin printed each year, how many lost? The momentum coming out of an extreme oversold situation, tends to surprise. Disreguard any speculation on market cap limitations. Innovation has your back
DOGE price at retest, Will buyers make a comeback?Resistance Breakout Rally: DOGE exhibits a resistance trendline breakout, hinting at the start of a bullish phase.
Recent Pullback: An 8% drop in 48 hours tests the 100-day MA, raising concerns of a potential downtrend.
Critical Support Level: The $0.082 level is pivotal; a fall below could lead DOGE to $0.070.
Double Bottom Reversal: The current pattern suggests a possible bullish reversal, despite market-wide corrections.
Bearish Candle Analysis: Lower price rejections in recent bearish candles indicate a chance for post-retest reversal.
Current Trading Position: DOGE is trading at $0.08347, showing resilience above the $0.082 support.
Technical Indicators - MACD: A bullish crossover between MACD and signal lines suggests a recovery trend might be resuming.
Moving Averages: Dogecoin is navigating between the 50 and 200-day MAs, suggesting a mid-term sideways trend.
Potential Rally: Sustaining above $0.082 could lead to a 28% rally, rechallenging the $0.106 high.
Fakeout Risk: A plunge below the recent breakout trendline could signal a fakeout, increasing selling pressure.
Market Sentiment: Overall market sentiment and external factors will play a crucial role in DOGE's price trajectory.
Long Tail Candle Analysis: The formation of long tail candles points to bullish attempts to maintain the current rally.
DOGEUSDThis Week FORECAST
Opportunity for DOGEUSD. This setup trading idea is for intraday. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
Doggo coin - DOGE - ElonManipulation incoming in 3,2,1Doggo coin - DOGE - ElonManipulation incoming in 3,2,1
seems awfully repeating on the momentum signature
im bagged. will take profit on some bs tweet from the man himself.
lfg
Doge Bullmarket IdeaDoge next bulll run following its historical path. High risk high reward. Low allocation. Doge at max allocation should make up 5% of portfolio.
Doge Coin AlertView the chart
1- The formation of the Crab return harmonic high and the double bottom in the daily time
2- consider the formed descending channel; If the roof of the channel is broken, the W pattern; established and otherwise attack towards the target of 0.07492 and forming a triple bottom
One last dip before we go!!!By no means am I an expert, but from studying my chart, I figure we are on the last downtrend to roughly .06 before we take off to the moon. As for my target high, on the low end is around $5. On the high end is closer to $12!
