We are on track DOGEMy long trade on DOGE is going pretty well and i think that it's now time for Dogecoin to trend again. If it can manage to break above local top at $0.22, i expect a fast pump till the $0.29 area
Dogeusd
DOGE Technical Analysis and Trade Idea#DOGE #Dogecoin exhibits a bearish bias, highlighted by a decisive break of structure on the daily timeframe. Approaching a key resistance zone, the pair appears overextended. The accompanying video explores a potential selling opportunity if prioce action plays out as described in the video. Please note: this analysis is for educational purposes and does not constitute financial advice.
Continue the trend! This correction pattern is enoughDear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
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DOGE Targeting new highsMy previous long on DOGE smashed the take profits. I was waiting to re enter long and this is a good opportunity. DOGE broken up mid term resistance and main trendline, and i expect a continuation of the pump tilll new highs in the 0.22 area
Doge to $.20 this week?Here are a couple of relevant traces fro the bullish channel. There was a pretty signature little swooping move that relate these patterns… then they are fit to the levels.
The blue one is the bearish bulls… showing a bigger correction. The white one then the bullish bulls.
Follow along for more, and check my previous analysis in the Related Idea link below for a bigger look!
Love, Doge!
DOGEUSD 1WDOGE ~ 1W 📈
#DOGE This is very interesting. When this resistance is successfully penetrated with a full candle, the bull will be very strong.
Make purchases gradually from here, with a minimum target of 20%+ 📈
DOGE Dogecoin May Be In For A Deeper CorrectionShort term Doge looks like its in trouble. It looks like a big move down is imminent. Bearish pennant, bearish cross 50 over the 100. A significant move down in Doge and the whole market is about to happen in my opinion. I could be wrong and this is a fake out and we blast to the upside but look at Litecoin and what happened when the 50 crossed over the 100 just recently and now the 50 is crossing over the 200 on Litecoin. If Bitcoin drops to 50s then expect this to happen 100% and possibly even lower targets as the new people who just got in with their rent money sell at the bottom. Could be a fire sale if a person is in the right place at the right time. Not financial advice just my opinion , Good luck out there
A closure above the 100 SMA blue line and then the previous high on a 4 hour candle would invalidate this whole thing and Doge will continue its rally to crazy new all time highs. Im leaning towards a correction on this one.
WEAR AN EXTRA SHIRT IN CASE YOU LOSE THE FIRST ONE :)
DOGE launch codes:Hello,
Here we have highlighted the recent resistance vector, and are showing a piercing line and retest, which if holds, should propel us through our recent hi $.20 and beyond.
As discussed in my last post, linked below, $.69 is our next target, of course! :)
Go Doge GO! Run Boy! Love you!
Follow along for updates, and if you appreciate these ideas, you should try th lip balm we make at JTreeLife … it’s the best in the universe!
:)
DOGE's Ten Year CycleHello all,
The below information contains my thoughts on DOGE. Also, it's not trading or financial advice.
I find DOGE to be one of the more repetitive altcoins out there due to its past performance and similar chart patterns as you can see on my chart.
Since, September 2014, DOGE appears to go into 40 month cycles, as evidence from Sept 2014 to Jan 2018, and again from Jan 2018 to May 2021. The next 40 month cycle or phase 3, would be from May 2021 to Sept 2024; in other words, this is an overall 10 year cycle (Sept 2014 to Sept 2024) that is undergoing development.
DOGE's highest market cap ever was reached in May 2021 ($103.16 B). If you see the target (~ HKEX:11 ) for Sept 2024, that would be a market cap of ~$1.5278 T! That's a pretty insane market cap considering BTC's highest ever market cap was ~$1.16 T in Nov 2021.
In phase 1, the DOGE's consolidation period was 13 months before a large move up; in phase 2, the consolidation period was 18 months. If we use either of those two number for our phase 3 breakout, that would put us somewhere between Nov 2023 to Apr 2024. That can be detrimental to the psyche of a permabulls as that's another 7-12 months of sideways action.
So now what? We just sit on the sidelines until a breakout? That can be one option, but the other can be to sell at range highs $0.127 and buy at range lows $0.675. Those are upwards swings of 91% (if you bought at range low and sold at range high) or a solid downward move of 48% if you want to short at the range high.
I think either way you look at it, the best option is to DCA through 2023 and wait for 2024.
I would like to hear your thoughts on my analysis or your own analysis of DOGE over the coming 12 months.
thank you and keep those bags safe!!
tg
Doge - the simplest idea is often the best oneDoge is programmed to go to 1 usd, as per the meme saying.
I think it is currently in a fantastic position to allocate 1-3% of the crypto portfolio to this monthly trade
NFA/DYOR
Are we close to the end of Dogecoin's uptrend?✏️By examining the trend in the four-hour time frame, Dogecoin has the resistance range of the ceiling of the downward channel in the range of 0.1857-0.1785, and on the condition of maintaining and not registering any close candle time of four hours above it, it seems that the rate can reach The support of the bottom of the channel will decrease in the range of $0.1076, in the meantime, the support of the 78.6% Fibo will be seen at $0.1342.
DOGE - still in bull channelthese white arrows show a significant feature... we are being controlled by the bulls, making our lows, just above the most recent major support level in white.
The recent level argument has just raised a right arm, with a. Doji candle followed by an engulfing bullish candle. The right arm up micro monster is one of my favorite signals! . . and often results in continued upward movement. Though we have seen him get smacked of the edge of a cliff before too.
Let's avoid that by all committing to Bullish sentiment for doge. If you are buying and selling, set your rebuys above the last foot.
If you a re placing stoplosses, give them room to breathe, especially on the big levels where it could trigger an autopilot crash of stop losses not getting filled, cause of lack of buyers.
remember... we are setting the price of DOGE right now as we trade it. If we all set our sells at $1.00 instead of $.20 guess what... thats the new price.. and if we all hold tight at that price, we can trade a bias the whole world of loving humans gets on board.... and then the pattern will propagate exponentially.
So, if you love DOGE like I do, hold on tight and let's run him down the street! Show him off! tell the world about the coin of unconditional Love. sure to beat the coins of fear... greed... addiction cycle behavior with incredible volatility... enough to shake and crash the entire system.
I Love. that is my commitment to the world. With-in that I find guidance and truth on infinite levels. the old hippies always were quoted as saying "love is the answer". and though doge coin is innominate idea (cannot love things that aren't alive. love is the life force), the way humans share love with dogs is as close to pure unconditional love that we get. Mans Best Friend.
DOGE: the real surge hasn't even started yetDOGE trades in a long term range against ETH. It lags during the early stages of bull market, and surges during the "mania" phase. Sometimes DOGE also surges due to news catalysts, but is contained by the blue trendline. Once the blue trendline gets broken, I expect DOGE to quickly move to upper end of its range. And in a "perfect storm" scenario, i.e mania + news catalyst, DOGE might break out of its 9 year range into price discovery.
BITCOIN go DOWN, DOGE go UP!This is so exciting! Lets go DOGE fam!
Looking at DOGE with momentum and RSI on multiple time frames pointing UP, and BTC showing pretty solid disharmony to those moves. It appears to be peaked on an ascending wedge, with momentum and RSI pointing DOWN.
Also… the DOGEBTC chart at the bottom feels similarly bullish to the DOGE chart, which provides confirmation of the idea.
DOGE Dogecoin Potential Retracement Soon After DOGE Dogecoin perfectly reached the price target:
Now, at an RSI exceeding 91, it seems we are currently in a bubble.
The previous correction following an RSI surpassing 90 was substantial.
Taking into account the Fib retracement tool, my anticipated price targets are $0.123 and $0.103.
Dogecoin - Here we go againHere u can see how the previous cycle DOGE exploded out of a Bullish pennant
Which in my mind is a little bit more bullish than the current "Flag"
Which suggests there may be less euphoria this time around
We can use Doge as a Greed / Sentiment indicator either way :)
Saturday DOGE!Good Monring!
DOGE has been pressing into a flat top at the $.165 … and those usually break UP! Is this the move we love where DOGE goes for a run???
Yellow trace shows this well.
Also possible for a bit of sideways movement like purple.
Seems like we have moved out of harmonic with the more bearish fractals in this position.
Watching for the formation of a rising wedge that would break down invalidating this.
Go DOGE Go!
Cryptolean Dogecoin DOGE UpdateDogecoin is trading to escape $0.146-$0.156 zone that was confirmed yesterday as a support.
A closure below $0.145-$0.155 is likely to lead to another retest of $0.121-$0.132.
A bullish move from its current price location and a bullish break-out of $0.18 will push DOGE price towards $0.18 and higher to $0.20.
DOGE LOOKS BEARISH !It seems to have completed a triangle and now the last wave of the triangle (wave E) is over.
Target can be green box (flip range)
Closing a daily candle above the invalidation level will violate the analysis.
invalidation level : 0.1703
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
DOGGO DOGEY Dog - bull momentum signaturesDOGGO DOGEY Dog - bull momentum signatures
doggo update
look at that momentum repeat. crazy.
this is the way. note the key horizontal price points and be careful around them. simple.
lfg
What we need to see to flip long on DOGEDOGE hit a strong support zone. To flip bullish again, we need to see a break of short term trendline, and the support at 0.12 to hold. If BTC will start bouncing now in the $60.000 level, there are good chance to see a good pump here
DOGE:USD coming into danger zoneDoge coin is getting close to 0.764 fib regression area around $0.0121. Anyone aware of Fibonacci pinball technique, this is a must hold zone for an impulse, specially for a sub wave of a larger impulse. Time to abandon impulse is a break below previous 0.618 area, which is at $0.11. Complete invalidation of impulse at break below previous wave 1, which is at $0.107. Doge needs to bottom here and worse case, go sideways for a bit to keep the bull run alive. Otherwise, breaking the areas mentioned above will not be good news for the holders. It will need to be counted as the high of wave B and a much larger wave C will ensue below $0.02....Time to set some stop loss.
DOGEUSDT to visit weekly support before bounceWeekly resistance WR1 rejected the price on the last pump to 0.2 level. After that rejection price bounced but succumbed to the drop in BTC. Currently it is trading between weekly resistance WR1 and weekly support WS1. The price is likely to reach to weekly support WS1. This support is likely to provide the necessary momentum for the price to head up towards WR1.
