DOGE SPOT LONG IDEADOGE is showing a clear Double Bottom Pattern on Daily, results could take between 6-20 days if everything goes well. This is a trading idea to show you how the Technical Analysis works. Remember to always manage your risk.
DOGEUSDT.3L trade ideas
Doge chartDoge chart with key support and resistance lines and price targets.
This is not financial advice.
DOGE quick analysis: Bullish momentum building!#DOGE quick analysis: Bullish momentum building! 🚀
MACD showing a bullish crossover 📈
Volume Oscillator indicates increased buying pressure 📊
MFI high at 73.93, suggesting potential overbought conditions ⚠️
ADX at 25.59 signals a strengthening trend 🔥
RSI climbing at 68.76, nearing overbought zone 🔄
Watch for a breakout above resistance levels for confirmation! 📌
Trade Setup: DOGE Long PositionMarket Context:
DOGE is reclaiming its range low after a change of character (CHOC).
It is setting a higher high and a higher low into the 21-day and 200-day EMAs.
The range low is being treated as invalidation if the price closes below this support level.
Trade Parameters:
Entry: Enter a trade around $0.129 to $0.13.
Take Profit:
First target: $0.157
Second target: $0.187
Third target: $0.22
Stop Loss: Set at a daily close below $0.115
📊 Monitor the price action around the 21-day and 200-day EMAs. Adjust your trade based on market conditions and be cautious of any signs of reversal or further downside. #DOGE #CryptoTrading #TradeSetup 🎯
DOGECOIN 10% Dump or 39% Pump!?!Since we broke the support and have not managed to climb back above, a 10% move to the downside is more probable.
If we flip the resistance back to support and hold the level, the target will be $0.18, 39% to the upside.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
DOGEUSDT - In Bearish trendThis crypto pair is in bearish trend making a bearish flag which is a continuous pattern. The analysis was done on a 1H time frame and there is no divergence observed. I took an instant entry (Yellow Marker) and now it is almost going to hit the TP.
The signal was:
EP: 0.12855
SL: 0.13535
TP: 0.12172
RR: 1%
Lots: 13.35
DOGE/USD: Wyckoff Reaccumulation Schematic in PlayDOGE/USD appears to be following the Wyckoff reaccumulation schematic, a pattern that suggests a continuation of the uptrend after a period of consolidation. This phase often indicates strong hands accumulating more positions before the next leg up. Traders should watch for key signs such as increased volume on up moves, higher lows, and breakout above resistance levels to confirm the reaccumulation phase. If the pattern holds, DOGE/USD could be poised for significant gains as the reaccumulation process completes.
Simple Technical Analysis (TA) of $DOGEDoge Prediction Price based on Fibonacci Retracement analysis
DOGE - DON'T MISS out on ALTSEASON 2.0 !Yesterday we took a look at altcoins that are strong currently - and today I'm adding another, DOGEUSDT.
✅ From a technical indicator perspective, Doge is ready to reclaim a key trendline, as the price is consolidating right under it (bullish). "Extremely Oversold" is usually a good place to buy:
✅ From a Chart Pattern perspective, we observe an inverse Head and Shoulders pattern forming, which is also bullish and confirms a direction reversal. Furthermore, a total of -60% has been retraced and this is prime time for a new upwards wave:
✅ From a trendline analysis, we have successfully reclaimed the neckline after closing daily candles ABOVE the old peak:
I conclude to say that according to the trend and all other signs - the price is short term and long term bullish from here.
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BINANCE:DOGEUSDT
DOGEUSDT: Falling wedge and parallel channel breakoutHello everyone,
If you're finding value in this analysis, please consider liking and following!
DOGEUSDT appears favorable for a long position or spot hold. DOGE has broken out of a falling wedge pattern and a supporting parallel channel.
The breakout and subsequent retest appear to have been completed, suggesting that every dip could present a buying opportunity. The entry zone is indicated on the chart, with potential gains of nearly 77% for futures and hold suggestion for spot traders.
What are your thoughts on this analysis? Feel free to share your insights in the comments!
#DOGEUSDT: Another Big Time Buying Chance! BINANCE:DOGEUSDT
Price has fallen to previous lowest low, indicating another reversal from the same area, however, please wait to witness some bullish behaviour to occur. After that, we can have a buy entry and target the previous Higher High. Our final target is 0.22.
Good Luck
DOGE: DO NOT MISS IT HERE!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
DOGE looks good in the daily time frame. Breaks out from the bull flag-like pattern here and currently retesting the support trendline. Buy some here and add more in the dip.
Entry range:- $0.12-$0.13
Targets:- $0.173/$0.203/$0.274/$0.334
SL:- $0.1
What are your thoughts on DOGE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Dodge Coin could boost up a lil bitIDK much but heres an idea I got for dodge coin. what do yall think??
DOGEUSDT IDEA WEEKLY TIMEFRAMEBINANCE:DOGEUSDT
I am watching a breakout on weekly timeframe that can lead us to 0.22
after this a new higher high can possibly take us to next resistance that is 0.34.
NOT A FINANCIAL ADVISE DYOR.
Lingrid | DOGEUSDT bounced off the DEMAND zoneBINANCE:DOGEUSDT formed a double top at the resistance zone and subsequently pulled back. On the weekly timeframe, the market bounced off a demand zone, resulting in a large bullish candle. On the daily chart, it created another bullish long-tailed bar at a support level, indicating significant buying pressure. When we zoom out, we can see that the market has respected the 0.1300 zone in the past. The price has surged from this support area twice before, which suggests that a break and close above this level could be a very bullish sign. I anticipate that the market to pull back temporarily before continuing its upward trajectory. My goal is previous resistance at 0.14400
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Doge chartDoge chart using an experimental method. These are the key levels. This is not financial advice
Doge 1000% gain incomingCRYPTOCAP:DOGE repeating historical behaviour
USD 1.60 incoming
My precognitive dream mentioned USD 2
Don't mind market cap, irrationality will beat it
Humans remain humans
Dogecoin (DOGE): brief analysisAmid increased bullish sentiment in the crypto market, the DOGE price has added 4.80% to its portfolio within the past day with a trading volume of $1.47 Billion. Further, it has surged 17.67% over the last seven days and has a YTD return of 53.76%.
The technical indicator, MACD, displays a constant rise in the green histogram, highlighting an increase in the buying-over-selling pressure in the crypto space. Further, the averages record a constant uptrend, suggesting that the DOGE coin price will continue gaining value this week.
If the market continues to gain momentum, the Dogecoin price will prepare to test its upper resistance level of $0.18225 in the coming time. Conversely, if a trend reversal occurs, the memecoin leader will plunge toward its low of $0.1010.
DODGEUSDT.PDODGEUSDT.P is in ranging phase.
Bearish divergence also shown in RSI,
We wait and watch for the lower breakout of triangle then we enter trade.
DOGE SHORT PositionBitcoin looks like it is setting up for a correction to the downside, so alt coins will follow if Bitcoin does move lower.
This could be a good time to enter a SHORT position on DOGE/USD.
Wave (3) has completed meaning a correction to the downside in wave (4) should occur next.
The stop loss is slightly above the high at 0.14526 and a take profit is set at 0.12925 which is above the support at 0.12696.
The length of wave (3) relative to wave (1) is almost exactly 1.618 (the golden ratio), so it could act as a resistance to price increasing further.
DOGE: R/2Price Action Analysis : DOGEUSDT
1. Trend Identification 📉➡️📈:
- Previous Downtrend: The chart initially shows a clear downtrend with lower highs and lower lows, starting from around 0.17000 USDT down to about 0.09300 USDT.
- Consolidation: After the significant drop, there is a period of consolidation between 0.09300 USDT and 0.12860 USDT, indicating indecision in the market.
2. Breakout 🚀:
- The price breaks out from the consolidation phase, moving upwards past the resistance level of 0.12860 USDT. This breakout suggests a potential reversal or at least a corrective move higher.
3. Support and Resistance Levels 🛑🟢:
- **Support**: Around **0.12860 USDT**, marked by a gray rectangle, indicating a zone where buyers previously stepped in and might do so again.
- Resistance:
- TP1 (0.13951 USDT): A minor resistance level where the price might face initial selling pressure.
- TP2 (0.15387 USDT): A significant resistance level aligning with previous highs, suggesting stronger selling pressure might be encountered here.
4. Key Price Zones 📊:
- Entry Zone: The price has recently moved into a potential buy zone around 0.12860 USDT, where previous resistance might turn into support.
- Stop Loss Level: Below the support zone at **0.11655 USDT**, to limit potential losses if the price reverses downward.
5. Candlestick Patterns🕯️:
- Recent bullish candlesticks indicate strong buying pressure. Look for patterns such as bullish engulfing, pin bars, or hammer candlesticks near the support zone around 0.12860 USDT to confirm entry points.
6. Market Structure 📈:
- Higher Highs and Higher Lows: The recent price action shows the formation of higher highs and higher lows, a characteristic of an uptrend. For instance, the price moved from 0.09300 USDT to 0.12860 USDT and then higher.
- Pullbacks: The price might pull back to the support zone around 0.12860 USDT before resuming its upward move, which is a typical behavior in trending markets.
Trading Strategy
- Entry Point:
- Enter a buy position near the support zone around 0.12860 USDT if the price shows bullish reversal patterns (e.g., pin bar, bullish engulfing) 📥.
- Stop Loss:
- Place a stop loss slightly below the recent low or the support zone at 0.11655 USDT to protect against downside risk 🚫.
- Take Profit:
- TP1: Set the first take profit target at 0.13951 USDT, where minor resistance is expected 🥇.
- TP2: Set the second take profit target at 0.15387 USDT, at a more significant resistance level 🥈.
Monitoring and Adjustments 🔄
- Price Action Signals: Continuously monitor the price action for signals of trend continuation or reversal. Look for strong bullish candlesticks at support (around 0.12860 USDT) and signs of weakening momentum (e.g., doji, bearish engulfing) near resistance (around 0.13951 USDT and 0.15387 USDT) 👀.
- Adjustments:
- Trailing Stop Loss: Once the price reaches TP1 at 0.13951 USDT, adjust the stop loss to breakeven or above to secure profits 🔒.
- Partial Profit Taking: Consider taking partial profits at TP1 (0.13951 USDT) and letting the remaining position run towards TP2 (0.15387 USDT) 🏁.
This strategy based solely on price action helps in making informed trading decisions without relying on external indicators. It focuses on observing and interpreting the market's behavior through candlestick formations, trend patterns, and key support/resistance levels. 📊💡
Dogecoin Price Prediction: Support, Resistance, and Trading TipsBINANCE:DOGEUSDT has shown a slight upward trend, with the latest close at $0.13694. The 9 EMA is currently at $0.13554, slightly above the 20 EMA, which stands at $0.13173. This alignment indicates a short-term bullish trend, as the shorter EMA is above the longer EMA, suggesting positive momentum.
The MACD indicator, a crucial momentum indicator, reveals a bullish sentiment as well. The MACD line is above the signal line, and the histogram is positive, albeit with some diminishing values. The latest MACD reading is 0.00427 with a signal at 0.00373, and a histogram of 0.00055. Although the histogram is shrinking, indicating a potential slowdown in bullish momentum, the overall position of the MACD remains positive.
The Relative Strength Index (RSI) provides additional context, currently showing a value of 63.96. This positions DOGE slightly below the overbought threshold of 70, indicating that while there has been significant buying pressure, it is not yet at a critical overbought level. Previous RSI values were higher, suggesting that the buying momentum has cooled off slightly.
Meanwhile, the immediate resistance is found at $0.13713, followed by more significant levels at $0.14474 and $0.14776. These levels are crucial for any upward movement, and breaking through them could indicate further bullish trends.
On the downside, support levels are seen at $0.1368, $0.13533, and $0.13355. These levels are critical in preventing any significant downturns. If the price breaks below these supports, it may signal a bearish reversal or a period of consolidation.
Potential Trade Ideas
Given the current technical landscape, traders might consider different strategies for long and short positions. For long trades, a potential entry point could be near the support level at $0.1368, with an exit around the first resistance level at $0.13713 or higher at $0.14474. This strategy takes advantage of the current bullish indicators and potential upward momentum.
For short trades, entering around the resistance at $0.13713 with a target near the support at $0.13533 could be a prudent strategy, especially if bearish signals start to emerge. Monitoring the MACD and RSI for any signs of bearish crossover or overbought conditions will be crucial in timing these trades.
In summary, DOGE exhibits a short-term bullish trend, supported by positive EMA and MACD readings. Key support and resistance levels will play a significant role in determining the next price movements. Traders should remain vigilant and consider both bullish and bearish scenarios in their strategies.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Ecoinimist is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
