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
DOGE-1
BTC Instant Money DO NOT MISSI have seen this scenario play out time after time on multiple coins including Bitcoin in the past rarely do I get the opportunity to draw it up on trading view so here we go and let's make this fast money.
I have created the setup for you and all you have to do is wait.
1# After H&S Dip Long around 68.3-68.4
#2 Sell at the pink line which should be around 71-72K
Do not hold it will likely dump back to 69K and you will lose all your Bitcoin Gains.
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 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
MEME COIN CYCLE - Total Meme Coin MC to $420BWe do not yet have a Meme Coin Market Cap index in TradingView but I am expecting Meme Coin Total Market Cap to reach ~$420B Market Cap at pico cycle top this cycle
Reasons:
- CRYPTOCAP:DOGE is basically playing out the 'OTHERS' market cap chart, just a cycle behind.
-Instead of CRYPTOCAP:DOGE , you can change this to the Meme Coin market cap chart ( CRYPTOCAP:DOGE was basically the only meme coin in 2020 - CRYPTOCAP:SHIB came later). Currently Meme Coin Total Market Cap as of today 5/23/2024 is GETTEX:61B Market Cap ( CRYPTOCAP:DOGE MC is currently $23B)
-2017 - #OTHERS MC peaked at GETTEX:70B MC.
-2021 - #OTHERS MC peaked at 450B MC.
-2021 - CRYPTOCAP:DOGE MC peaked at GETTEX:70B MC.
-2024 - Meme Coins MC predicted to peak at ~$420B MC.
CRYPTOCAP:DOGE , CRYPTOCAP:SHIB , CRYPTOCAP:PEPE , and CRYPTOCAP:WIF market cap index limited history, is the bright green line chart.
Price is fractal, studying Market Caps is the alpha-leak.
gl hf, make sure to book profits, NFA.
- @CryptoCurb
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.
The Weekly Doge Cross, Targeting $4.20 only seems appropriateTeh Doge! We just had a weekly cross on Doge coin! The last time this happened we had a rocket up in price to the extreme.
Crypto is a gamblers paradise and what better thing to bet on the OG gamble crypto itself? We have already seen plenty of meme coins pump and Elon Musk will likely pump doge in the future again with X accepting payments, Tesla, or something of that nature.
It only seems appropriate to have a price target on #doge of $4.20. The last top was around .69 cents. Coincidence? I will let you decide.
A couple technicals.
As mentioned, the weekly cross indicating it could just be getting started with a move to the upside. If you look at the previous time this happened that I circled in red, you will see that this was the beginning of a strong move and trend to the upside for Doge coin.
What's more, the main resistance at this .18-.19 cent level has been breached, the main resistance is the VWAP we are approaching just at this .25 cent area. When we get above that, there should be little resistance until the recent ATH's.
On this large time frame, while RSI is high I would take this more as an indication of strength and not that it will pull back anytime soon. MACD also looks good.
Here's to hoping Doge goes to $4.20!
Cheers,
TCD
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
Trading Signal For DOGEUSDT Trading Setup:
A Trading Signal is seen in the Dogecoin (H4) (Spot)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.15290
⭕️SL @ 0.13315
🔵TP1 @ 0.20999
🔵TP2 @ 0.25300
🔵TP3 @ 0.29600
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
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!
Doge LongDoge completed a type two bat and after breaking down sprung right back above support.
Now we look for a few things
- Support to Hold
- Divergence to Mature on the 4h & 6h
- Daily MaCD to Stay green
By Layering in you can strategise a SL below Support. We have orders at the 618, 786, & 886.
IS DOGE READY?Dogecoin is a coin that sometimes is unpredictable. When uncle Musk decide that the time is arrived, DOGE pump without any reason. I think the time will come again, and looking at the chart i think we will see a pump soon. I drawed a key resistance line that i expect that got broken in a few days. As soon as we will close above this trendline, i will wait a pullback before opening a long trade targeting the resistance area at 0.20
DOGEUSDT.1DUpon examining the DOGE/USDT daily chart, several key technical indicators and levels emerge that provide insight into potential price movements.
Trend and Resistance Analysis:
The chart shows that Dogecoin (DOGE) has faced some consolidation recently, with the current price at approximately 0.14932 USD. The price is currently trading within a range, attempting to break out. There are two major resistance levels to watch: R1 at 0.17386 USD and R2 at 0.21158 USD. A successful break above R1 could lead to a further rally towards R2, indicating increased bullish momentum.
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 continues to decline. Below S1, the next significant support level is S2 at 0.07735 USD, which has been a critical support zone in the past.
RSI and MACD Indicators:
The Relative Strength Index (RSI) is currently at 48.55, indicating a neutral position. The RSI is neither in the overbought nor oversold territory, suggesting that the market is currently undecided and waiting for a clear direction. The Moving Average Convergence Divergence (MACD) indicator shows a bearish trend, with the MACD line (blue) below the signal line (orange)
, but the histogram indicates decreasing bearish momentum, which could signal a potential reversal if it continues to move towards the positive territory.
Volume Analysis:
The volume pattern indicates moderate trading activity, with no significant spikes during recent price movements. This suggests that there is no strong conviction from either bulls or bears, contributing to the current consolidation phase.
Conclusion:
In conclusion, the DOGE/USDT pair is currently in a consolidation phase, trading within a range and showing neutral indicators. The RSI indicates an undecided market, while the MACD suggests potential for a bullish reversal if bearish momentum continues to weaken. Traders should closely monitor the support levels at 0.12157 USD and 0.07735 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, while a failure to hold the support levels could lead to further declines.
Overall, the market sentiment for DOGE remains cautious, with critical attention needed at the aforementioned levels and indicators to make informed trading decisions.
DOGEUSD: Bullish breakout imminent. Target 0.4000Dogecoin is trading under the 1D MA50 and just turned bullish on its 1D technical outlook (RSI = 58.834, MACD = 0.000, ADX = 43.260). This is the same accumulation process that took place in Jan-Feb and before that pre October 2023 that initiated the bullish phases of the Megaphone pattern. We expect the new one to have began by June, targeting the top of the Bullish Megaphone (TP = 0.4000).
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"Untested Levels with Timeframes" - indicator community test!Looking to test my indicator.
This indicator, titled "Untested Levels with Timeframes" is designed to identify and visualize price levels within different timeframes that have not been tested recently. Here's a breakdown of its benefits and usage:
Identifying Untested Price Levels: The indicator helps traders identify support and resistance levels that haven't been tested for a specified period within different timeframes. This can be valuable because untested levels may represent potential areas where price could reverse or encounter significant movement.
Customizable Timeframes: The indicator allows users to specify different timeframes (e.g., 30 minutes, 1 hour, 4 hours, daily) for analyzing untested levels. This flexibility enables traders to adapt the tool to their trading style and preferences.
Visual Representation: Untested levels are plotted on the chart as rays extending to the right. This visual representation makes it easy for traders to identify and assess these levels at a glance, enhancing their chart analysis process.
Dynamic Management: The indicator dynamically manages untested and tested levels over time, ensuring that traders focus on the most relevant price levels within each timeframe. This feature helps prevent clutter on the chart and maintains the indicator's effectiveness.
Potential Trading Opportunities: By identifying untested levels, traders may uncover potential trading opportunities, such as entering trades near untested support or resistance levels or waiting for confirmation of a breakout or reversal at these levels.
Risk Management: Understanding untested levels can also assist in risk management by providing traders with additional context when setting stop-loss levels or determining the risk-reward ratio for a trade.
Overall, this indicator can be a valuable tool for traders seeking to enhance their technical analysis and identify potential trading opportunities based on untested price levels across different timeframes. However, like any trading tool, it's essential to combine it with other analysis techniques and thoroughly backtest it to assess its effectiveness within your trading strategy.
DOGEUSDT.1DAnalyzing the daily chart for DOGE/USDT, we can see some significant technical details that will aid in identifying potential trading opportunities.
Key Resistance and Support Levels:
Resistance 1 (R1): $0.17386 - This level acts as the first major resistance where the price has previously faced significant sell-offs.
Resistance 2 (R2): $0.21158 - This higher resistance could be the target in a strong bullish momentum scenario.
Support 1 (S1): $0.12157 - Marked by the chart as a critical support level, where buyers have historically shown interest.
Support 2 (S2): Lower than S1, providing a safety net in case of a significant downturn.
Technical Indicators:
Relative Strength Index (RSI): The RSI is currently at 47.59, slightly below the neutral 50 mark, indicating a slight bearish bias in the market.
Moving Average Convergence Divergence (MACD): The MACD line is very close to the signal line but slightly below it, showing a bearish momentum that is not very strong. The MACD histogram is close to zero, suggesting a lack of strong momentum either way.
Trend Analysis:
The price has been following an ascending support trend line, suggesting that as long as this line holds, the bullish sentiment might continue. This trend line acts as a dynamic support, guiding potential rebounds.
Conclusion:
For traders looking at DOGE/USDT, the current setup suggests a cautious approach. With the price nearing the ascending support line, one could consider buying opportunities near this trend line, setting a stop-loss just below it to mitigate potential losses if the trend reverses.
Should the price break below this trend line decisively, it could be an indication of a stronger bearish trend developing, possibly targeting the next support at $0.12157. Conversely, if the price bounces off the support line and moves upward, traders might set their sights on R1 at $0.17386 and potentially R2 at $0.21158 if the momentum is strong enough.
As always, it is advisable to watch how the price reacts at these critical technical levels and to adjust strategies accordingly, keeping an eye on RSI and MACD for any signs of momentum shifts that could provide earlier entries or exits.
DOGE: buy in breakout📊Analysis by AhmadArz:
🔍Entry: 0.1485
🛑Stop Loss: 0.1445
🎯Take Profit: 0.1515 - 0.1557 - 0.1602 - 0.1662
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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