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DOGEUSD trade ideas

The World Revolves Around How Easy it is to Borrow MoneyAnd Doge is no exception. Doge jumped 400% in a single day immediately after the January 2021 fed meetings concluded. Was it every American dumping their stimulus check (from a month prior, lol) into Doge as we've heard so many times before ? Absolutely not. We are just riding the wave of big money playing musical chairs. Pray that the Fed doesn't pivot next week. Breakout of 3 year downtrend/accumulation is due to be retested and the sooner the better if you compare how things went in 2016 vs 2020. My guess for the pivot point is .31337. 31337 = leet. iykyk
CRYPTO:DOGEUSDLong
by TheJW
6
Dogecoin - This Is Still Just The Beginning!Dogecoin ( CRYPTO:DOGEUSD ) is still in its early stages: Click chart above to see the detailed analysis👆🏻 Although Dogecoin already rallied more than +350% after breaking out of the triangle pattern, this still just seems to be the beginning of the next major bullrun. A conservative approach would indicate a +9.000% rally, but the first primary target is still the previous all time high. Levels to watch: $0.7, $5.0 Keep your long term vision, Philip (BasicTrading)
CRYPTO:DOGEUSDLong
by basictradingtv
59
Dogecoin (DOGE) Consolidation Phase - READY FOR MASSIVE PUMP!Dogecoin’s (DOGE) current price of: $0.4046 has rebounded 480% from its August lows, including a 220% rally following Donald Trump’s presidential election victory in November 2024. However, the cryptocurrency has now entered a period of consolidation. Therefore, DOGE is trading within a tight range of between: $0.36-$0.48, marked by white circles on the chart above, following its recent parabolic rebound. The consolidation phase mirrors the one from early 2021 when Dogecoin experienced a strong upward move followed by a sideways trend before another major breakout.
BINANCE:DOGEUSDLong
by Bitcoin_Benny
2
DOGE - Only Other Coin I own - Give Me a Reason?So someone asked about DOGE and ironically it is the only other coin I own right now other than Bitcoin. I like DOGE for one reason, and one reason only. Elon Musk has supported DOGE so I give it a slim possibility of making it to the next level. As for other alts, NOPE!!! Eventually zero is the answer, at least for most. Technically DOGE has broken out of resistance and is consolidating nicely. I posted a long at 16-17 cents and that is doing nicely here and with the current consolidation there is no reason not to stay long. Major support is found at 20 but as long as we remain above 35. Let us take a look at the larger picture. If I have said it once, I have said it a thousand times, history repeats which is why we see the same patterns over and over in the markets. Of course I have also said "history repeats until it doesn't" also but let's not focus on that. Had a long broad consolidation between rallies and it appears we are getting the same sort of setup. I believe once we take out the high we make a strong move higher and we are getting closer than most think. You want to be positioned before the move here and this is the reason I will probably be adding to that position in the near term. This is a coin I still think has potential for a 10 bagger. I do not think $4.00 is out of range for DOGE which is why I am buying more. IMHO I believe this is going to be the last hurray for alt coins and there will be few survivors. Bitcoin and likely a couple others but this will play out in the charts. There is absolutely no reason to own 100 alt coins, none!!! If so give me a reason? Target with DOGE $4.00 and I don't need another home ;)
COINBASE:DOGEUSDLong
by goldbug1
16
DOGE - Brief Warning Please refer to our previous post. After calling the rising wedge pattern DOGE did breakdown. Now price has rebounded and we are currently testing our green line again. However, at the current point in time we cannot confirm that that liquidation hunt was the bottom. There are a few warning signs that have developed that are crucial to watch over the next few days. I hate to be the bearer of potential bad news, but the data could suggest one more major move down. Here's why: -12H RSI under median: If strength gets rejected here it would be old support acting as new resistance -Price action below Rising Wedge pattern: This price action retest could also represent old support being flipped into new resistance to complete the move to the downside. -Price trading below 21D MA: Could also be an example of old support being flipped into new resistance All of these bearish signals can be negated if we see closes above that levels in the next 24-48 hours, but for now be very cautious of these things.
COINBASE:DOGEUSD
by VIAQUANT
3