DOGE/USDT descending channel breakout? bullish rally💎 Paradisers, #DOGEUSDT has broken out from its descending channel trajectory, raising the question: will this lead to a continuation of the uptrend, or does uncertainty loom for sellers? Let's explore the possible outcomes.
💎 Notably, #DOGE has climbed above both the descending channel trendline and the 200-day Simple Moving Average (SMA) on the daily chart. This ascent indicates a strong bullish control, suggesting that the uptrend may continue. Currently, we anticipate a strong bullish movement if the price can maintain its momentum in the demand zone at $0.15975.
💎 However, if #DOGE fails to sustain this momentum and falls below the demand zone, we may see a bullish rebound from a slightly lower demand level at $0.15756. Should it break below this level, a significant downward movement could be triggered.
MyCryptoParadise
iFeel the success🌴
Dogeusdt
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
DOGEUSDT.1DHere’s my detailed technical analysis of the DOGE/USDT daily chart:
Price Action and Structure:
The DOGE/USDT chart is demonstrating a pattern of ascending lows, indicative of a bullish sentiment in the formation of an ascending trendline. The chart’s structure with ascending trendline support suggests that buyers are incrementally willing to buy at higher prices, a positive signal in market sentiment.
Technical Indicators:
1. RSI (Relative Strength Index): The RSI stands at 54.37, which suggests moderate bullish momentum as it is above the neutral 50 mark but not yet into overbought territory. This positioning allows for potential upward movement without immediate pressure from an overbought correction.
2. MACD (Moving Average Convergence Divergence): The MACD is slightly above the signal line but very close to the zero line, indicating a lack of strong momentum. This scenario typically calls for cautious observation as it could imply potential for either direction, but the current slight bullish crossover can be seen as a tentative bullish signal.
Support and Resistance:
• Support (S1 and S2): Support at $0.12157 (S2) is critical. If the price maintains above this level, it may consolidate and attempt an upward movement. However, breaking below could lead to a test of lower support levels.
• Resistance (R1 and R2): The immediate resistance at $0.17569 (R1) needs to be watched. If the price can break and hold above, it would target the next resistance at $0.21158 (R2), indicating a significant bullish trend strength.
Projection and Strategy:
The projection on the chart anticipates a bullish move towards R1. If DOGE/USDT can maintain the ascending trendline, it could potentially approach and surpass R1, aiming for R2. A strategic approach would involve buying near support levels with a tight stop loss below the trendline to manage risk, while selling near resistance levels or holding if a breakout above R1 is observed with significant volume and momentum.
Conclusion:
DOGE/USDT is showing promising signs of a bullish continuation if it can uphold the ascending trendline support. Monitoring the price action near the support and resistance levels, along with the accompanying volume and indicator signals, will be crucial in confirming the trend’s strength and sustainability. As always, keeping an eye on overall market sentiment and news specific to Dogecoin will also be important in shaping the trade approach.
Doge coin gold signal BINANCE:DOGEUSDT #2h,
We are expecting to see a reversal from the horizontal level of support that we are currently retesting. Which will lead to a strong movement to the upside that will help us breaking from above of the declining parallel channel. Switching from short term bearish to short term bullish.
thank you
$DOGE analysis and trade IdeaLast time few months back I had asked to long BINANCE:DOGEUSDT when everyone was calling it for zero , the idea is still on my profile. Good profits from that trade , I expect doge to break new highs pretty soon in coming days , due to consolidation (bullish consolidation) and also the news of BINANCE:DOGEUSDT
More over on BINANCE:DOGEBTC pair we can already see CRYPTOCAP:DOGE resting on 2 important levels , one is weekly support and other is 200 EMA , both conclude my bullish bias
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
Dogecoin Analysis | Overview & Potential Price ScenariosThe 1D TF chart for Dogecoin shows that the price is currently oscillating between significant Fib levels of 0.382 at $0.16154 and $0.17103, which are being tested as support and resistance. Additionally, the price is situated in the middle of the Ichimoku , indicating uncertainty and the potential for sideways movement. Yesterday's candlestick formed an Inverted Hammer Pattern, a Bearish Signal , while today's candlestick is forming a Hammer Pattern, a Bullish Signal , further confirming market uncertainty. Key support and resistance levels play a crucial role in determining the future direction of the price.
The support level at $0.15313 (0.5 Fib) is critical. If the price falls below this level, further declines to $0.13522 (0.618 Fib) and possibly to $0.1150 can be expected. It is crucial to monitor trading volumes when these levels are approached or breached to confirm the strength and direction of the price movement.
◼️ Bullish Scenario: If the price breaks and consolidates above the $0.17442 level with confirmation from high trading volumes, it could reach levels of $0.19318 and then $0.20563. Exiting the Ichimoku cloud and increasing volumes will serve as additional indicators of the beginning of a bullish trend.
◼️ Bearish Scenario: A bearish scenario is likely if the price drops below and consolidates under the $0.15313 level. In this case, further declines to $0.13522 and an increased likelihood of establishing a new lower low at $0.11000 become probable, especially if this movement is accompanied by rising selling volumes. Traders should be prepared for potential SHORT positions or exiting LONG positions if a bearish trend is confirmed.
Despite its popularity and active community, Dogecoin lacks unique technological advantages or innovations to support its long-term value. In contrast, crypto like ADA, NEAR, and COTI offer tangible technological solutions and practical applications, ensuring their sustainable growth and industry recognition. Without significant technological advancements and real utility, DOGE's value will rely more on temporary market sentiment rather than a solid foundation for long-term growth.
Conclusion: Overall, the current price situation for DOGE is characterized by uncertainty with potential sideways movement in the short term. A breakout of key support or resistance levels will determine the future price direction. Additionally, the price direction of Bitcoin plays a significant role in establishing the overall trend direction for like DOGE.
Disclaimer: Content for seasoned traders only. Not financial advice. You bear sole responsibility for trading outcomes. ➖ DYOR 🧠 💡
DOGECOIN (DOGE) - Investment Opportunity (READ THE CAPTION)By examining the #DogeCoin chart on the weekly timeframe (logarithmic), we observe that the price has increased by more than 18% since the last analysis and is currently trading around $0.165. I continue to anticipate an explosive growth for DogeCoin in the near future. The most significant demand zone is between $0.075 and $0.091. The upcoming price targets are $0.229, $0.35, $0.374, and $0.75. The expected long-term return for this cryptocurrency is over 300%.
The Main TA :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
DOGE WILL LEAD THE PUMPYes, i changed my usual chart color settings, this is an experiment because i noticed that chart with random color gets more visuals. Maybe you prefer to watch some color than good setups. So, eyes on DOGE now. As you can see, it's following pretty well my previous idea. It's actually ranging at support, and i expect a little bit more of range before and explosion to the upside till the key resistance area at $0.20. I think that Dogecoin will lead the pump in the next days
Dogecoin Is Starting A Massive Bull MarketHey everyone! I'm back.
Today, we're taking a look at Dogecoin.
As you can see, there's a big-picture bullish cycle starting. This cycle is poised to make a lot of people very rich.
Observing this ABC correction, it's completed and we're now beginning a breakout into a bullish market.
This is just the beginning.
Dalin Anderson
DOGE vs BTC Weeekly CandleHello!
I see that we may be setting up nicely for a couple elevator rides in the DOGE:BTC pair.
I heard rumor that the USD was loosing its rank as the world reserve currency… turmoltuous times ahead. The probe act says Doge is a good boy that sits and stays, and goes for runs… even when the Fed reserve and bitcoin both implode! lol. Seriously though. DOGE is in prime position to be the safe heaven for the biggest pump and dump in the planets history! (Im talking about BTC… those formations are looking nasty… we jsut got hte biggest black rock fish money all sorts of “in”… and a massive top is forming….. so this is where DOGE finally departs the Harmonics of BTC and goes for a Bonkers run as btc plummets to unchecked levels from a decade ago. BTC… Fear, Greed, FOMO, VOlatility. DOGE = Love, Stable, infinite, grows exponentially,
Fears hold us back (vibrationally) in the 3D world. Time to ascend to the 5D world. Let’s trade the coin of Unconditional Love… That is what man’s best friend is known for.
DO Doge go!
DOGE buy setup (6H)Considering the hunt of the previous L and the liquidity pool we have at the top of the chart (shown by the $$$ sign), we are expected to see a reversal to the upside.
We are actually in a big range.
The targets are clear on the chart.
Closing a daily candle below invalidation will violate this 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
Dogecoin: The Lovely Doggo Dogecoin: The Lovely Doggo
It is supported by the curve trend line (Cru) for 222 days. If this trend continues and breaks the $0.176 resistance, we can move up to $0.197 and then after further support from this curved trend line (Cru), breaking the $0.224 resistance, we can consider the final target at $0.3125.
On the other hand, if there is no support and this curve trend line (Cru) disappears, we can correct and even experience a sharp drop. In this case, our targets could be $0.12 and then $0.075.
Beware of this double-edged sword.
All analysis is based on my point of view and this is not economic advice. You must do your due diligence for your own transactions
ALTCOINS that are STRONG Right Now🚀Yesterday we took a look at altcoins that are not doing great - today we'll list a few alts tat are performing well and still have further upside potential.
👍 TRBUSDT
👍SOLUSDT
If Solana can CLOSE above $150, it is highly likely that the Elliot Wave theory is still in place:
👍 RUNEUSDT
👍 BNBUSDT
BNB is looking strong, it's likely we'll see a new ATH soon:
👍 FRONTUSDT
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BINANCE:DOGEUSDT BINANCE:RUNEUSDT BINANCE:TRBUSDT BINANCE:SOLUSDT BINANCE:BNBUSDT BINANCE:FRONTUSDT.P
DOGEUSD Bullish Side Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist DOGEUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
DOGEUSD 1H Long Trade - 1:3 RRRRRR: 1:3
SL: 0.15090
TP: 0.20000
In this trading strategy, I present a compelling opportunity for a long position on the DOGEUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3.
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
RIP KABOSUToday is a sad day for the crypto world, due to the death of Kabosu. For who doesn't know, Kabosu was the Shiba Inu that inspired the Dogecoin coin. As a Shiba Inu owner myself, i want to homage this legendary dog with this chart. As i posted some days ago, i expect a pump on DOGE if the mid term trendline i drawed hold the price. Actually we are ranging, and that's a good sign of accumulation that can probably lead the price to a pump till the resistance area at $0.20.
RIP Kabosu
DOGEUSDT.1DDOGE/USDT daily chart, several key technical indicators and levels emerge that provide insights into potential price movements.
Trend and Resistance Analysis:
The chart shows that Dogecoin (DOGE) has been in a consolidative phase with the current price around 0.16639 USD. The price is attempting to break above the immediate resistance level marked as R1, around 0.17386 USD. A successful breakout above this level could lead the price to test the next significant resistance at R2, which is around 0.21158 USD. The price is also supported by an upward sloping trend line, indicating a gradual increase in buying pressure.
Support Levels:
On the downside, the primary support level is identified as S1 at 0.12157 USD. This level has shown strong buying interest previously and could act as a floor if the price starts to decline. Below S1, the next significant support level is S2 at 0.07600 USD, which has been a critical support zone in the past.
RSI and MACD Indicators:
The Relative Strength Index (RSI) is currently at 57.33, indicating a neutral to slightly bullish position. The RSI is in the middle range, suggesting that the market is not yet overbought or oversold, providing room for potential upward movement. The Moving Average Convergence Divergence (MACD) indicator shows a bullish trend, with the MACD line (blue) slightly above the signal line (orange)
and the histogram indicating positive momentum. This suggests that bullish momentum is currently building.
Volume Analysis:
The volume pattern indicates moderate trading activity, with no significant spikes during recent price movements. This suggests that there is a balanced participation from both buyers and sellers, contributing to the current consolidation phase.
Conclusion:
In conclusion, the DOGE/USDT pair is currently in a consolidative phase with a slight bullish bias. The RSI indicates a neutral position, while the MACD suggests building bullish momentum. Traders should closely monitor the support levels at 0.12157 USD and 0.07600 USD, as well as the resistance levels at 0.17386 USD and 0.21158 USD. A break above the resistance levels would confirm a bullish trend continuation, while a failure to hold the support levels could lead to further declines.
Overall, the market sentiment for DOGE remains cautiously optimistic, with critical attention needed at the aforementioned levels and indicators to make informed trading decisions.
DOGEUSD Bullish Side Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist DOGEUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous Level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
DOG ALTSEASON Incoming🙀 Doge, Shib, Babydoge, Dog - BIG PUMPSWHEN to BUY 4 DOG COINS in 5 minutes 🐱
The cryptomarket is currently waiting on direction from BTC. From my previous analysis, we've concluded that BTC is currently trading in Elliot Wave 3-4 - meaning we're still waiting for the final impulse wave up 4-5. And when this happens, you better be ready with your positions.
More on why the ATH for BTC is not in yet :
Other altcoins I'm watching for x10 increases this year:
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GATEIO:DOGUSDT MEXC:BABYDOGEUSDT BINANCE:SHIBUSDT BINANCE:DOGEUSDT
DOGE W pattern *** LOG target of 50 cents!***Massive Qudos to Doge
It's a meme & crypto alt coin unicorn
It birthed an entire industry
So and one of the very handful of coins that can make new highs versus BTC
That is quite incredible.
here we have a lovely W pattern
with some nice targets for it
We will assess once these are made for further upside.
#Memes
#memecoins
#Dogcoins
DOGE MONTHLY BREAKOUT? PLUS INV HEAD AND SHOULDERSObserved massive rally after the effects of the CPI report that surge BTC price past 6% and followed by other major coins. Now, I will tackle the possible BINANCE:DOGEUSDT breakout after the rally on the almost 2-month diagonal resistance trendline along with an inverse head and shoulders, a bullish pattern since the coin is on the downtrend that can be a sign of trend reversal for the coin.
Other details for the setup and the approach for DOGE will be discussed in the idea threads below. Stay tuned!