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DOGUSD trade ideas

DOGE - Only ConcernPrevious post: I still believe DOGE is in a bullflag and is preparing for an explosive breakout as stated in my previous posts. Even today's daily close was the first daily candle that closed above our bullflag pattern. Most likely this plays out and price breaks much higher. I just want to make this post in case we see continued stalling around these highs. If price does continue to stall and fails to break higher then most likely we are in a rising wedge pattern opposed to a bullflag. Rising wedges are generally bearish patterns that break to the downside. The momentum is still to the upside which is why this scenario is less likely, but I did want to put it on the radar as a potential scenario. You can clearly see the structure does currently mimic a rising wedge and noone is talking about it. But I believe there is one primary indicator that will expose if this is a rising wedge or if this is a bull flag over the next 24-478 hours. That indicator is our daily RSI. Right now the daily RSI is EXACTLY at the 70 (overbought conditions). If we see the RSI start closing above the 70 RSI in then next 24-48 hours then price will breakout and the bullflag will send price much higher. If we see the RSI start closing below the 70 RSI in the next 24-48 hours then price will most likely breakdown and this rising wedge could be in play. Just wanted to lay out both scenarios so we can be most prepared for what happens over the next 24-48 hours. Either way a massive move is coming!
COINBASE:DOGEUSD
by VIAQUANT
3
DOGEUSD: Advancing Toward NEW BULLISHDOGEUSD Technical Analysis The price is trading bearishly within a descending channel. Stabilization below the 0.4121 level confirms the continuation of the downward trend towards 0.3505, acting as a corrective movement to counterbalance the prior uptrend and accumulate additional positive momentum. As the correction nears its completion, the price is anticipated to attempt a recovery by rising above 0.4121. Subsequently, a breakout above the upper boundary of the descending channel could pave the way toward the key resistance level at 0.4725 and then to 0.5200 as a new high level. Key Levels: Pivot Point: 0.4121 Resistance Levels: 0.4121, 0.4450, 0.4725 Support Levels: 0.3505, 0.2935, 0.2776
BINANCE:DOGEUSDLong
by SroshMayi
1
DOGECOIN: A Potential 3x-20x Opportunity?Dogecoin BINANCE:DOGEUSDT is showing signs of a potential repeating cycle that could lead to explosive growth in the coming months. 📈 Historical Patterns: In previous bull runs, CRYPTOCAP:DOGE has shown parabolic moves following periods of consolidation. Looking back at its 2020-2021 cycle, Dogecoin skyrocketed by more than 20x + 20x in two steps within months after breaking key resistance levels. Current Setup: 1️⃣ Consolidation Phase: CRYPTOCAP:DOGE has been trading sideways, building strong support on 0.45. 2️⃣ Rising Volume: Early signs of accumulation are appearing, which often precedes big moves. 3️⃣ Major Catalyst: With Bitcoin surpassing 100k€ CRYPTOCAP:DOGE rallies will follow with a lag, potentially peaking by March 2025. Projections: Conservative Target: A 3x move could see CRYPTOCAP:DOGE testing highs around $0.50 and then to $2. Aggressive Target: If momentum mirrors the past, CRYPTOCAP:DOGE could surge 20x+, potentially reaching 9$ by March 2025. What do you think—are we on the cusp of another Dogecoin rally? Drop your thoughts below! 👇 🔑 Reminder: Always manage risk and trade with a plan. While history doesn’t guarantee future performance, cycles often rhyme. Let’s see if CRYPTOCAP:DOGE barks again! 🐕💰 #Dogecoin #Crypto #Altcoins #CryptoTrading #CryptoAnalysis
BINANCE:DOGEUSDLong
by nautyblu
Let the $DOGE out!Let the CRYPTOCAP:DOGE out. As soon as we break the supply zone, we may just test the previous height. If this works and we can keep the support, first the first target around 50 cents. Once this is achieved, I certainly expect a test to the old ATH around 70 cents and beyond. As soon as we go parabolic and we really catch the bull run, I despise a target of over 1.80 and more. First let's wait and test and break the supply zone. guys let the CRYPTOCAP:DOGE out and be kind to each other and the world!
BINANCE:DOGEUSDLong
by RidgerR
Fibonacci’s Favorite Pup: Can DOGE Hit $1.98? DOGEUSD is exhibiting strong bullish behavior, mirroring patterns from its previous cycle. In the last bull run, DOGEUSD successfully reached the Fibonacci extensions of 1.618 and 2.618 , corresponding to significant price targets. Notably, prior to hitting these levels, the TSI (True Strength Index) displayed a bullish crossover above the 0 level, a phenomenon now repeating in the current cycle. Based on this, the new Fibonacci targets are 1.24 (1.618 extension) and 1.98 (2.618 extension) . Additionally, the EMA Ribbon remains bullish, with the price comfortably trading above it, reinforcing the strength of the ongoing uptrend. Two potential scenarios could unfold: The price may continue upward directly toward these Fibonacci targets. It could retrace to the key support level of 0.17 , a critical structural zone, before resuming its climb. DOGEUSD’s alignment with historical patterns, supported by the bullish TSI crossover, Fibonacci projections, and EMA Ribbon dynamics, suggests significant upside potential. Whether the price pushes straight to the targets or consolidates first, the outlook remains highly optimistic. 👨🏻‍💻💭 Do you think DOGE will revisit its all-time highs? Let’s hear your thoughts! 🚀🐶 _________________________________________________________________ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
CRYPTO:DOGEUSDLong
by 3Commas
1
Doge Complete correction second wave upcomingCurrently, after a small 5 wave, we have had a correction of 3 waves and fib tested at 0.236. Strong bounce and currently testing strong resistance around 0.437 cents from writing. Expectations after a major correction on Bitcoin that we will gain more momentum upwards and will probably be heading for a fib length to 1.618 to 0.50 cents. This could be a 2nd wave over the large time frame, after which we can expect an additional wave towards the old ATH. Let's just wait for 0.50 cents and then we'll see again. Have a nice day. Give each other a hug and be kind to each other.
BINANCE:DOGEUSDLong
by RidgerR
Doge Complete correction second wave incomming?Currently, after a small 5 wave, we have had a correction of 3 waves and fib tested at 0.236. Strong bounce and currently testing strong resistance around 0.437 cents from writing. Expectations after a major correction on Bitcoin that we will gain more momentum upwards and will probably be heading for a fib length to 1.618 to 0.50 cents. This could be a 2nd wave over the large time frame, after which we can expect an additional wave towards the old ATH. Let's just wait for 0.50 cents and then we'll see again. Have a nice day. Give each other a hug and be kind to each other.
BINANCE:DOGEUSDLong
by RidgerR