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Dogeusd

Doge: just got complicatedHappy Birthday USA. Market just took a dump and invalidated several of my EW counts. Doge breached the unbreachable area of $0.107. That will make it a lot more complicated to track the price action. At the moment, there is no trade. Elliot wave perspective, several alternative counts are active now. Need to wait and see which way the price will unfold. 1. Bullish count: Primary wave 4 completed and price action since Oct last year is a leading diagonal. The price swings will need to be subdivided into 3 wave structures. It can be fitted. For this to correct, price needs to break over at least $0.32 in the next 3 to 6 months in a 3 wave structure. The trade will be at wave 2 following the completion of leading diagonal wave 1. I is usually a very sharp and deep wave prior to rocket. 2. Bearish count: Primary wave 4 is still in progress. March high was just the X wave and now Y wave is in progress. So far I can see a 3 waves down. So, it can either be a flat or a zigzag. Flat correction might bring price down to retest the $0.05 lows. Zigzag correction might take thing a lot lower. I don't think I will be shorting this at this stage. The trade now will be to wait till a bottom is confirmed and an uptrend is established.
CRYPTO:DOGEUSD
by mukit1
Frankly, I don't feel like explaining, the chart says it all !!BINANCE:DOGEUSDT is forming a falling wedge on daily timeframe , Up we go if we do breakout. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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
2
#DOGE/USDT#DOGE The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern We have a bounce from a major support area in the color EUR at 0.1122 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it Entry price is 0.1188 The first target is 0.1388 The second goal is 0.1511 The third goal is 0.1648
Long
by CryptoAnalystSignal
DOGE - Short Trade | Support is fallen #DOGE/USDT #Analysis Description --------------------------------------------------------------- + DOGE, everyone's favorite meme token, has broken its support and is heading into a free fall. + There is no significant support until $0.09, which presents a good trading opportunity. + I'm entering a short trade at the current price. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.11665 Stop Loss: 0.13552 ------------------------------ Target 1: 0.10860 Target 2: 0.10222 Target 3: 0.09132 Target 4: 0.08169 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Short
by VectorAlgo
Doge → wait for a dropHello guys... doge is forming a head and shoulders and I believe it will break the neckline! it touched so many times this current line and made it so weak! the trendline that I drew like a dashed line is a satisfied line to get a short position! the target of the short position is: 0.0783 ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
3
DOGE and AIBased on the technical data from the attached DOGE/USDT chart, it can be inferred that the price is likely to decline. Here is the technical analysis, including a breakout from a massive bear flag formation, and AI model testing with a 14-day prediction: Technical Analysis: Support and Resistance Levels: The price is moving between two key support levels (tp1 and tp2). A break below these levels could signal further decline. Trend Lines: The long-term uptrend has been interrupted, and the price is now moving lower below a descending trend line. Bear Flag Formation: A massive bear flag formation is visible on the chart. The price has broken below the lower line of this formation, which is a strong bearish signal indicating a potential further decline. Indicators: RSI (Relative Strength Index): RSI is moving in the oversold area (below 30), which may indicate a potential price drop. MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, and the histogram shows negative values, indicating a bearish trend. Volume: The trading volume is decreasing, which may indicate weakening momentum. AI Model Testing: Model Prediction: The AI model was trained on historical DOGE/USDT data, and its prediction for the next 14 days suggests that the price is likely to decline. Price Prediction: The model predicts that the DOGE/USDT price will reach the tp1 level in the first week and may continue down to the tp2 level in the second week. Prediction Reliability: The prediction is supported by both technical analysis and the model's results, which have been tested on similar historical trends. Based on the above analysis, including the breakout from the massive bear flag formation, and the AI model, it is likely that the DOGE/USDT price will decline over the next 14 days.
Short
by Bitcoinblockchainonline
2
Following the complete wave cycle (3+5=8)Greetings, Dear friends, I hope you are well and have had a week filled with successful and profitable transactions. An explanation of the current analysis shared with you: My analysis of the Dogecoin market follows a 5-wave uptrend and is currently following a 3-wave correction pattern and an 8-wave cycle to complete and continue the bull market. Note: I am a new analyst in the world of wave principles with three years of experience, and I am developing an analytical idea. There is no 100% certainty in financial markets due to the complexity of various patterns that can change. However, I do my best to back up any analysis I share with you guys with everything I've learned so far. A brief explanation of the three fundamental laws of the wave principle: 1. The second wave should never go beyond the beginning of the first wave. 2. The third wave should never be the shortest wave between waves 1, 3, and 5. 3. The fourth wave must never enter the territory of the first wave. Ralph Nelson Elliott was the founder of this theory, and when asked about his view of the market, he always referred to five waves in the direction of a larger trend and three waves against the direction it was taking. After completing an eight-wave cycle, a larger cycle is formed in the future. It's as simple as that. May his memory be cherished, and may his soul rest in the shelter of God Almighty and the eternal world. I am attaching the analysis of this market that I shared with you earlier to this current analysis. The last word of my analysis text is repetitive, except for the explanation of the current analysis, because I also trade in the financial markets and am active in my social networks, working hard to improve my skills in analysis and trading to reach my goal. I apologize for repeating the text. I welcome suggestions and criticisms, and I will certainly respond, but a logical reason is important to me. Thank you for taking the time to review my analysis, and thank you all. To all my dear friends and colleagues, first of all, I wish you health and success in your goals. Mehdi Abbasi with the nickname (Mr. Nobody)
CAPITALCOM:DOGEUSDLong
by mehdi47abbasi79
HOW CAN YOU BE BEARISH?? DOGEWhen you are in doubt, zoom out. Always. You need to have a plan and here the plan is simple: buy the dip and hold. Dogecoin is NOT BEARISH and will not drop to new lows. As you can see, chart is clear. One year bearish phase, followed by two years accumulation phase. We have just come out from the bearish phase and we have around 10 months of bulls. We will probably see new ATH before 10 months, and if you are bearish, please, just scalp like I do sometimes
Long
by SaliJournal
2
$DOGE inverse H&S to send price up 30%+First off, this is a high risk move because of my competing thoughts w/ BTC having a big move lower soon. But as you can see from the chart, price has formed an inverse head and shoulders and is in the process of breaking out. Should price be able to sustain above the trendline, then it's likely that we see the upper resistance get hit. I think the move would need to happen in the next few days. If it doesn't play out by Sunday (and potentially even soon, I'll cut my long). Let's see.
COINBASE:DOGEUSDLong
by benjihyam
4
Dogecoin (DOGE) Technical Analysis and Trade IdeaDuring the recent rally, Dogecoin (DOGE) exhibited significant bullish momentum. In our video analysis, we explore a potential buy opportunity, provided that price action aligns with our entry criteria. Let’s closely examine the 1-hour chart: Market Structure Breakout: The previous bearish trend has been disrupted by a bullish breakout in market structure. Long Bias: While my bias leans toward a long position, it remains contingent on price action developments retracing into my Fibonacci zone, as outlined in the video. Please keep in mind that this content is for informational purposes only and does not constitute financial advice. Make independent trading decisions based on your risk management strategy. 🚀📈
Long
by fxtraderanthony
2
Could we get better position to enter?This is my idea of how DOGE will go in near future. I think DOGE is still consolidating like BTC, looks like we might see little pullback to 0.12-0.13 area. That means completing 5 waves of Elliot wave theory. 0.13 might sound awful for those who invested in, but if DOGE ever hit 0.12 area again that means checking that area 3rd time and its gonna be huge confirmation to go up, maybe even higher high. Unless DOGE could close candle above 0.18 in 1D and 1W timeframe it is most likely to go down before the big impulse.
by terayu
DOGE TM : 1hHello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading. I hope you will achieve maximum continuous profit with me by using supply and demand areas. Good luck traders. Mohammad Goodarzi
by itsbluemorpho
DOGE will bounce againEarlier, we got a nice swing on Dogecoin. In my opinion, the green range is a powerful range. Now we can again look for buy/long positions on the green range. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark