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BTCUSD path to 200 000 USD weekly chart overview🔸Hello traders, today let's review weekly price chart for BTCUSD . going into BTC halving event later in April bulls still maintain control, having said that, we are closing on on the danger zone, which is defined by 75 000 - 100 000 usd, so let's review the primary scenarios for bitcoin prices going forward. No nonsense overview, no dinosaurs, NFTs, super mario patterns, etc, just pure price action. Let's dive into it! 🔸Looking at the weekly price chart (log scale), bitcoin is trading in well-defined bullish channel since 2018 on weekly timeframe. We got a confirmed/strong sequence of higher lows / higher highs, which is a clear definition of an ongoing uptrend. Prices are projected to appreciate further, however there are two possible outcomes/scenarios going forward, so let's review them. 🔸SCENARIO1: uptrend resumes without any reasonable pullbacks, which will catch a lot of traders off guard, generate strong momentum and FOMO and BTC then will be projected to hit a final target near 200 000 USD by end of 2024. This is one of the options, definitely, however traders should be aware of the high danger zone, we are closing in on it right now - 75 000 - 100 000 usd - high risk of pullback/reversal. 🔸SCENARIO2: after halving initially we get solid gains / BTC pumps into high danger zone on decent / strong volume, however once we hit near 75 000 - 100 000 usd momentum fades / dies off and we start to top out on weekly price chart with heavy sell-side wicks and bulls eventually lose control near 100 000 usd and then we proceed into pullback/correction mode. It's possible that we lose up to 50% of the recent gains in the ongoing correction, based on the weekly price chart logical/next higher low might be printed near 35/40K. 🔸Bottom-line/recommended trade setups: if you are already a long-term holder and bought low near 20 000 usd, you should definitely keep holding and ride out the volatility, as the price target at 200 000 USD is still very reasonable / possible within 12-24 months. If you bought recently anticipating massive gains post BTC halving you should be very careful and watch out for potential reversal near Danger Zone. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BITSTAMP:BTCUSDLong
by ProjectSyndicate
19
DogeGov Parabolic Thesis from Largest Whale HolderWhales are loading up here in the blue zone. Next Major TP: Heartline (red line) in center of the green zone is the next target which is anywhere between $0.75 and $2.00 by Dec 1st. Whales are loading up if you look at onchain metrics. Much larger orders coming through more frequently - several $10-20k purchase blocks. Some early whales are selling from the previous ATH - this is healthy and necessary if we are to make a new ATH. Largest whale Unipcs just bought $200k more a few days ago and continues to hold nearly 34 million DogeGov tokens or nearly $8M USD. Parabolic Whale Thesis Here is a link to his parabolic thesis in DogeGov also pasted below - Link i'll give you a simple, straightforward answer first before going into a longwinded essay on why I'm still bullish: i bought an additional $200k worth of D.O.G.E today this is despite my public wallet being the biggest holder with $8 MILLION+ worth of tokens i bought more not only because i genuinely believe that this is one of the biggest memecoin narratives to emerge this cycle but also because the current price action is very bullish many lose generation wealth on memecoins because they expect memecoins to simply pump to billion dollar caps in a straight line not only does it rarely work that way, but it's bearish if a new memecoin keeps pumping without pullbacks because you're going to have a lot of people who suddenly have a lot of wealth and have never seen their memecoin experience a real pullback so when they get the first real pullback they start dumping and it becomes a race to the bottom and there is almost no support for the token the best and healthy way for a memecoin to grow is to have explosive pumps followed by deep pullbacks followed by more explosive pumps while making new highs and that's exactly what's happening with D.O.G.E i'll share some data to better illustrate my point: - D.O.G.E has pumped 6,000% in the past month alone. that's A LOT of pumping and a bit of healthy correction is needed before the next aggressive leg up, which is what's happening right now - its holder count has doubled in the past week alone, which means a lot of new users are replacing those that are exiting - it has consistently been among the most traded token on the Ethereum chain in the past month. it is often the #1 traded token on the chain - it is currently the #2 most traded token on Ethereum & second only to CRYPTOCAP:PEPE which is a $9 billion memecoin. it also has more total unique on-chain holders buying it than any other token in the top 5. that's incredibly bullish as this volume shows strong demand from users - large wallets that are exiting are rapidly being replaced by smaller wallets which shows strong appetite for the token among small holders/retail who will keep evangelizing it at the end of the day, whenever many hear about my story of turning: - $16k to $18,000,000+ on CRYPTOCAP:BONK at peak - $6k to $1,000,000+ on CRYPTOCAP:WIF at peak - a lot of other smaller figures to 7 figures or an insane amount of Xs on other memecoins they assume that doing this is a cakewalk it isn't! often i need to hold these assets for months through periods of 50 - 90%+ pullbacks before i achieve these insane gains don't forget that i first started screaming about D.O.G.E around $6m - $9m market cap just 2 months ago it experienced a small initial 'Unipcs pump' at the time which then gradually fizzled out as the moonbois chasing a quick pump got out shortly after and many thought it was done yet i kept buying and screaming about it because i saw that the narrative and on-chain metrics favor an aggressive and explosive move for the token many ignored it because they thought it has no legs and now at $280m they wished they had bought earlier and at SEED_TVCODER77_ETHBTCDATA:1B + many will wish they had gotten in at these levels, God willing the reality is that my bullish thesis for D.O.G.E has only gotten stronger (which is why i am tweeting about it a lot more): - the Department of Government Efficiency / D.O.G.E has been announced so there's no doubt anymore that it will be formed - Elon keeps memeing the department and has committed to weekly 'transparency updates' about their activity which will only fuel a media frenzy around the narrative - Trump himself has memed the narrative by introducing a D.O.G.E t-shirt. we've seen several half-assed memes hit SEED_TVCODER77_ETHBTCDATA:1B + this cycle. imagine fading the ONLY narrative being memed by the literal President of the United States of America - normies like D.O.G.E. several people have reported that their retail friends are asking them about it and are consistently picking it when presented a sea of options and asked to make a choice - dogecoin is primed for an explosive rally heading into 2025 and D.O.G.E will be the largest beneficiary since it is the best DOGE beta right now - D.O.G.E has done this well without any solid CEX listings. what do you think happens when it gets some strong CEXs? i heard that there are quite a few coming! 👀 in all, i tend to be a lone voice screaming about all of these memecoins for a while but i often get ignored until they explode out of nowhere and outperform everything else including the favorite CT picks then you all of a sudden have everyone shouting once again that 'BONK GUY WAS RIGHT' well... bonk guy is screaming here once again NOTE: i'll paste the contracts and charts for the real Department of Government Efficiency / D.O.G.E below since many keep asking whenever i tweet about it - ETH contract: 0x1121AcC14c63f3C872BFcA497d10926A6098AAc5 - SOL contract (Cross-chain Bridge): KQijDbNJ6rPCqhtXrfH6gKa5cH3a39At8vHq34nnPbF (you can use this version if you want to have exposure on the Solana blockchain) - CEXs: D.O.G.E is listed as 'DOGEGOV' on Gate, BingX, and a few other CEXs
UNISWAP3ETH:DOGEWETH_60B0DA.USDLong
by DanOxAm
DOGE To Mars - The Elon RideDOGE got a memorable boost with the previous FOMO. With the Crypto Markets preparing for the next boom, I think this one will go again. This dog went to the Moon, now Elon's gonna take it to Mars. I will not hesitate to get my hands on this Dogecoin at the $0.03-$0.01 range. DOGEUSD ( DOGEUSDT , DOGEBUSD ) Tech. Analysis: * Elliott Wave Impulse: Cycle A (white) * Elliott Wave Correction: Primary A-B-C (red) * Ending Diagonal: Primary C (red) * Bullish Divergence * Demand Zone * 88.6% Fibonacci Retracement * 61.8% Fibonacci Extension * Double Bottom It might take a while, but it proved to be a nice meme coin. So, might as well get some if it provides a better level.
BINANCE:DOGEUSDLong
by Lionheart-EWA
8
Two Bullish Patterns Hint at Major Rally for DogecoinIn the 2-hour time frame, as you can see, there are two bullish patterns. The first one is a triangle, and the second one is a cup and handle. If either of these patterns breaks, the price of Dogecoin can reach around 50 cents. 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🌟! ⚠️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
DOGE Soars 1900% Gains at 10x Lev in Just Days!DOGEUSDT Trade Overview: DOGE surged to incredible heights, delivering an astounding 1900% gain at 10x leverage. On the 4-hour timeframe, this long trade setup effortlessly achieved all targets, showcasing the power of the Risological trading system. Key Levels: TP1: 0.16661 ✅ TP2: 0.18170 ✅ TP3: 0.19679 ✅ TP4: 0.20612 ✅ Technical Analysis: The entry point at 0.15728 was confirmed as DOGE displayed clear bullish momentum by breaking above the Risological Swing Trader . The continuation of the trend was supported by consistent volume and a strong upward trajectory, giving traders ample time to maximize gains. Each target was systematically reached, with the final push breaking above TP4 and providing an exceptional profit for those holding their positions. The Risological system's ability to pinpoint entry, exit, and stop-loss levels precisely contributed to this massive success.
Long
by ProfitsNinja
Will Dogecoin's Price Soar Again with a 36,000% Rally in 2021?## Dogecoin's Next Bull Run: A Technical Analysis Dogecoin (DOGE), the cryptocurrency that began as a joke, has shown remarkable resilience and growth over the years. After a meteoric rise in 2021, DOGE experienced a significant correction. However, recent technical analysis suggests that the coin may be poised for another substantial rally. **The Pennant Formation** A pennant formation is a bullish technical pattern that often precedes a significant price breakout. It's characterized by a period of consolidation within a narrowing price range, followed by a sharp upward movement. Technical analysts believe that Dogecoin has formed a pennant pattern on its chart. This pattern, combined with other bullish indicators, suggests that DOGE could be ready to break out and potentially retest its all-time high or even surpass it. **Factors Fueling Dogecoin's Potential Rally** Several factors could contribute to Dogecoin's potential rally: 1. **Elon Musk's Influence:** Elon Musk, the CEO of Tesla and SpaceX, has been a vocal supporter of Dogecoin. His tweets and endorsements have often led to significant price surges. Any positive news or actions related to Dogecoin from Musk could trigger a buying frenzy. 2. **Memecoin Mania:** Dogecoin, as one of the original memecoins, benefits from the overall popularity of memecoins. The recent success of other memecoins has renewed interest in Dogecoin and could drive its price higher. 3. **Growing Community and Adoption:** The Dogecoin community continues to grow, with increasing numbers of people using the coin for transactions and tipping. As adoption grows, so does the demand for Dogecoin. 4. **Exchange Listings and Institutional Interest:** More and more cryptocurrency exchanges are listing Dogecoin, making it easier for investors to buy and sell the coin. Additionally, some institutional investors have expressed interest in Dogecoin, which could further fuel its price appreciation. **Potential Risks and Challenges** While the technical analysis and bullish sentiment are promising, it's important to acknowledge the risks and challenges associated with investing in cryptocurrencies: 1. **Market Volatility:** The cryptocurrency market is highly volatile, and Dogecoin's price can fluctuate significantly in a short period. 2. **Regulatory Uncertainty:** Regulatory uncertainty can impact the price of cryptocurrencies. Changes in regulations can create volatility and uncertainty in the market. 3. **Competition from Other Memecoins:** The emergence of new memecoins could divert attention and investment away from Dogecoin. 4. **Technical Issues:** Technical issues with the Dogecoin network could negatively impact its performance and price. **Conclusion** Dogecoin's potential for a significant price rally is fueled by a combination of technical analysis, strong community support, and the influence of key figures like Elon Musk. However, it's crucial to approach any investment in Dogecoin with caution and a long-term perspective. As with any investment, it's essential to conduct thorough research and consider consulting with a financial advisor.
Long
by bryandowningqln
DOGE Consolidating at the 50.00% FIB Hello dear memecoin degens! What a wonderful run from DOGE, the king of meme coins. I hope you're enjoying this! Looking at the daily time frame, DOGE is consolidating around the 50.00% all-time Fibonacci level. It appears that the price may be forming a bull flag at this level, suggesting a potential breakout in favor of the bulls. However, nothing is certain until it actually happens. For now, we wait for the price to make its move and simply follow along, just as we did on November 4th when I posted my idea about DOGE at the 78.60% Fib level (if you entered there, it would have been a great trade!). The system remains in a long trade, so for now, we have to wait for it to flip short before considering taking profits. Until then, we watch the action unfold. Thank you for reading, and feel free to boost or comment. Happy trading!
Long
by vagada
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! ✅
CRYPTO:DOGEUSDLong
by ParkJisungie