Doge Bull Run ProjectionsAs alt coins gear up for the next market cycle Doge coin has seen alot of hype over the potential use case with twitter.
The chart is the ultimate culmination of all buying, selling and the cycling there of. Twitter or no twitter Doge along with many other alts are leveling off and exposing their momentum.
Applying current cycle price action to average market cycles produced by similar action we can begin to make some possible projections.
This chart is a weekly line chart showing the current rate of progression matched up with the past outcome of similar action.
DOGE-1
Dogecoin Soars As Whale Moves 200 Million DOGE From Robinhood Dogecoin ( CRYPTOCAP:DOGE ), the meme coin, has experienced a surge in investor interest and price increases amidst a period of downturns in the broader crypto sphere. This resurgence has been attributed to a massive movement of 200 million Dogecoins ( CRYPTOCAP:DOGE ) from Robinhood to an unknown wallet, which has sparked CRYPTOCAP:DOGE 's recent upward price movement. As a result, Dogecoin's value crossed the $0.18 mark on Saturday, fueling speculation about its potential to reach the $1 milestone. At present, CRYPTOCAP:DOGE is trading at $0.1865, up by almost 7% in the last 24 hours.
Whale Alert reported that the CRYPTOCAP:DOGE movement was carried out in two transactions totaling approximately $35.45 million. The wallet gathered 199.27 million CRYPTOCAP:DOGE through two transactions within the last 24 hours, with the initial transaction involving the acquisition of 100 million CRYPTOCAP:DOGE , valued at $17.77 million, sourced from Robinhood.
The transactions have notably contributed to a bullish sentiment among investors and analysts in the crypto community, who are excited about Dogecoin's resilience and its implications for future market movements. With the upcoming Bitcoin halving event, many in the crypto space are closely watching meme coins like Dogecoin, anticipating possible price rallies similar to Bitcoin's post-halving performances.
Last week, Dogecoin ( CRYPTOCAP:DOGE ) saw a remarkable $800 million increase in open interest within three days. The price of CRYPTOCAP:DOGE surged by 35%, hitting a weekly high of $0.17. This news came as Elon Musk's X Payments LLC, a social media offshoot of his X motif (X.com, SpaceX, xAI), expanded its operational footprint by securing money transmitter licenses in three additional states: New Mexico, Oregon and Illinois, further fueling investor excitement.
Alikze »» Yooshi | Breaking dynamic triggerIn time 1W, it is breaking the dynamic trigger and according to the guard it took in the first step, it will have the ability to grow up to the specified supply area. If the area fails, it will have the ability to reach its high supply areas. According to the momentum in the 3rd rising wave, this guard will continue until the initial areas.
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DOGE/USD UPDATE: Navigating Entries and Downward TrendWelcome back, gang!! It's time for a quick update on our DOGE/USD trading analysis. Buckle up as we delve deeper into the daily and 4-hour timeframes, uncovering major structural zones and trends that are shaping our next moves.
Upon closer inspection, we've identified key structural zones and downtrends, aligning them with Fibonacci levels from the previous leg. Zooming in on the daily chart, we see price touching the 50% mark or the $0.17 level. However, here's the kicker – we're currently below the daily structure and fib level, indicating a continuation of downward pressure. The 4-hour timeframe confirms this with lower lows and highs, solidifying the downward trend.
Now, here's the game plan: We need to keep a close eye on price action for the next 1-3 days to determine whether the current level will serve as a loading zone or if we'll break support of the monthly structure, ushering in further downward momentum towards our previous entry zone as mentioned in the previous analysis.
Patience is key, my friends. For those brave souls willing to risk it all, you might consider implementing a martingale trading system. But remember, it's not for the faint of heart. On the flip side, dollar-cost averaging (DCA) remains a rock-solid strategy, especially for those who fear missing out on potential rallies from here. However, if you're not feeling it, there's no shame in sitting this one out – missing an opportunity is always better than suffering losses (especially if you're trading versus investing).
So, gear up, stay vigilant, and may the trading gods be ever in your favor!
Keywords: DOGE/USD, trading analysis update, structural zones, downward trends, Fibonacci levels, daily timeframe, 4-hour timeframe, loading zones, support levels, trading strategies, martingale system, dollar-cost averaging, risk management, trading versus investing.
BCHG Looks Good For A Run To $50 At LeastBCHG has broken through all the resistance levels. Next one is around $24.50 and if it can get through that then I see a straight shot to $43 and then $55. At those levels I would expect a decent pullback perhaps up to 50% before its attempt to break the high. BCHG is much further along than LTCN in its run. LTCN still has a long ways to go to reach the level that BCHG is at. So upside on BCHG is limited in the short term perhaps another 100% vs LTCN could do a 1000% move to reach the same level as BCHG as far as nav value to price. Keep an eye on news and developements surrounding the space and specifically securities and SEC stuff. The Proof Of Work coins are about to make a comeback. I think Litecoin will far outperform Bitcoin Cash but Bitcoin Cash will have a decent run as well. Good luck out there my friends. Ill update this chart throughout the cycle. Please like and follow me and this idea so you can be notified when i update it. Thank you and please know that none of this is financial advice its just my opinion and observations. Good luck my friends.
Dogecoin on weekly and hourly charts💥Hello, guys! ☺️Today let's take a look at two timeframes of Dogecoin: the weekly and hourly. We'll try to determine the price movement in the short-term, medium-term, and long-term perspectives!💪
🐕Dogecoin is a coin that evokes mixed emotions: some adore it, some hate it. Some have become very wealthy because of it (like Elon Musk, for example, haha😄), while others have lost a significant amount of their wealth (Hi, Elon🤨).
The most important thing is not to succumb to the hype and not to buy the coin, when it is clearly overbought .
Let's take a look at the weekly Dogecoin chart. What can we see there?
✔️Adding the RSI indicator to the chart, we can clearly see, that the coin is overbought , which is not the best signal for buying. It needs some rest. 😌
🟣 My advice : place several buy orders in the range of 0.097 - 0.139 and don't rush. Just observe. That's for the long term perspective !
Now, let's look at the hourly chart and see what awaits us in the short-term and medium-term perspectives for Dogecoin.
What do we see here? 🧐A channel has formed (since the end of February). And the price is confidently moving within this channel. It can be assumed, that in the near future, we may see the Doge price at the support of this channel at approximately the 0.16 mark.
Friends, how do you feel about Doge? Love it or hate it? Let's discuss in the comments!
Thanks for Your attention🫶
Always sincerely yours, Kateryna💙💛
BTCUSD path to 200 000 USD weekly chart overview🔸Hello traders, today let's review weekly price chart for BTCUSD .
going into BTC halving event later in April bulls still maintain control,
having said that, we are closing on on the danger zone, which is
defined by 75 000 - 100 000 usd, so let's review the primary scenarios
for bitcoin prices going forward. No nonsense overview, no dinosaurs,
NFTs, super mario patterns, etc, just pure price action. Let's dive into it!
🔸Looking at the weekly price chart (log scale), bitcoin is trading
in well-defined bullish channel since 2018 on weekly timeframe.
We got a confirmed/strong sequence of higher lows / higher highs,
which is a clear definition of an ongoing uptrend. Prices are projected
to appreciate further, however there are two possible outcomes/scenarios
going forward, so let's review them.
🔸SCENARIO1: uptrend resumes without any reasonable pullbacks,
which will catch a lot of traders off guard, generate strong momentum
and FOMO and BTC then will be projected to hit a final target near
200 000 USD by end of 2024. This is one of the options, definitely, however
traders should be aware of the high danger zone, we are closing in
on it right now - 75 000 - 100 000 usd - high risk of pullback/reversal.
🔸SCENARIO2: after halving initially we get solid gains / BTC pumps
into high danger zone on decent / strong volume, however once we
hit near 75 000 - 100 000 usd momentum fades / dies off and we start
to top out on weekly price chart with heavy sell-side wicks and
bulls eventually lose control near 100 000 usd and then we proceed
into pullback/correction mode. It's possible that we lose up to 50%
of the recent gains in the ongoing correction, based on the weekly
price chart logical/next higher low might be printed near 35/40K.
🔸Bottom-line/recommended trade setups: if you are already
a long-term holder and bought low near 20 000 usd, you should
definitely keep holding and ride out the volatility, as the price
target at 200 000 USD is still very reasonable / possible within
12-24 months. If you bought recently anticipating massive gains
post BTC halving you should be very careful and watch out for
potential reversal near Danger Zone. good luck traders!
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Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
DOGECOIN DOGE price "shoots rarely" but accuratelyIf we look at the global history of DOGECOIN trading (and the coin has been around since 2014), you can see one interesting pattern.
At the end of 2017 , it was hugely pumping (for those times), and then the creators of DOGE wrote that they did not understand why their "joke coin" had a capitalization of several billion.
After that, the value of DOGEUSD dropped to the bottom and stayed there for more than 3 years.
Then, in the first half of 2021. Musk decided "to pull a prank" and pump Dogecoin using all permitted and not permitted methods)
The holiday did not last long, and even for the "chosen ones", but the unhappy investors in DOGECOIN, as always, are the majority. And now the correction has been going on for more than 2 years.
Based on the cyclical nature of the pumps, the next DOGEUSDT pump and, accordingly, the ATH update can fall on the 2nd half of 2024.
Moral: miracles do not happen, for a pump to be profitable for its "initiator", you first need to gain a large position, which is what has been happening over the past year.
If you have extra money that you want to invest in a long-term investment, you can take a chance and invest in DOGE, but do not buy more than $0.07-0.073.
Ideally, you should place orders with a grid in the "buy zone" of $0.0575-0.073 and wait.
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🚀🌕 Dogecoin Long Opportunity: Entry at Demand Zone and FVG💰Hey traders! 🎩💼 I trust you're all doing well. Here's an enticing trade proposition for BINANCE:DOGEUSDT (DOGE/USDT), offering not one but two potential entries.
1st Entry: 0.18157
We're initiating our first entry based on the presence of a demand zone (SMC). This strategic entry point presents a promising opportunity to capitalize on potential bullish momentum.
2nd Entry: 0.17400
Our second entry is triggered by a Fair Value Gap (FVG), adding another layer of confidence to our position. This secondary entry reinforces our conviction in the trade setup.
(before reading further, follow, like and comment what you think about this idea...)
Stop Loss (SL): 0.17058
To mitigate risk, our stop loss is set at 0.17058. This level acts as a safeguard against adverse price movements, ensuring prudent risk management.
Target: $1 (Long-term Vision) 🎯
Now, our target is set at $1. But hey, we're not just staring at the stars here; we're ready to sell before the biggest TP hits if needed.
(....and share)
However, it's essential to exercise flexibility and consider taking profits earlier, albeit retaining a portion of DOGE. Elon Musk's tweets have historically influenced DOGE's trajectory, potentially propelling it "to the moon."
This signal is based on SMC strategy...
You also want to learn SMC strategy? Great, right it down in the comments!
DOGEUSDT.1DAlright, let's dissect this Dogecoin (DOGE) to Tether (USDT) daily chart on the Binance exchange from my perspective as a technical analyst.
The chart is striking, showcasing Dogecoin's price volatility. Initially, I notice a significant spike in price, followed by what appears to be a consolidation pattern. The price is well below the Ichimoku Cloud, which traditionally suggests that we are in a bearish trend. The Cloud's future projection also appears to be widening downwards, potentially signaling a continuation of the bearish trend.
The Ichimoku Cloud components are also indicative of this sentiment. The Conversion Line (blue) below the Base Line (red) generally implies bearish momentum. Moreover, the price is under the Base Line, further solidifying the bearish bias.
We can see the marked pivot point levels, with R1 and S2 illustrated. The price is currently hovering above the S2 support level. If this level fails to hold, we may see a further decline towards lower historical support zones. If a reversal were to occur and the price moves upwards, the R1 level will act as resistance.
The Relative Strength Index (RSI) is showing an overbought condition with a reading above 60, which is intriguing given the price is not showing bullish momentum. This could imply that a corrective move or consolidation may follow as traders potentially take profits from the recent spike.
The Moving Average Convergence Divergence (MACD) is almost negligible in movement, with the MACD line just above the signal line but both hovering around zero. This suggests a lack of strong momentum in either direction currently, which can often be the case after a large price movement as the market digests the change.
In summary, while Dogecoin has experienced a significant price increase, the current setup on the daily chart suggests bearish momentum as indicated by the Ichimoku Cloud and the consolidation pattern following the spike. The RSI's overbought signal does not match the price action, indicating that traders should proceed with caution. Any trading decisions should be approached with a clear risk management strategy, considering the possibility of a false signal given the mixed messages from the RSI and MACD indicators. A break above the Base Line of the Ichimoku Cloud could be used as an early indication of changing sentiment, while a fall below the S2 level could signal further declines. As always, patience and confirmation are key.
DOGE TodaY.HELLO!
Has anyone heard of the Dzhanibekov Effect? It's when a spinning mass flips its axis. an instability propagates, and within one rotation, it flips. also called the intermediate axis theorem. this happens at regular intervals.
The earth is a giant spinning sphere... and the rules apply to it also.
Could you imagine if the earth flipped its spin in a day? the water in the oceans would keep going. Noahs arc.
What could cause this? maybe... melting polar ice caps from burning fossil fuels redistribute weight from the poles near the axis to the belt... slowing the rotation of the earth. when my yo-yo slows down, it looses stability and flips over.
We can see that lava which acts as a magnetic Ferro Fluid is in layers of differing magnetic orientation over time. do we think the magnetic field flips? or could the entire earth flip with in the field?? same result. what happens if the flux of that magnetic field changes? could the lucidity of the lava beneath the crust increase, leading to massive tectonic movements?. . . . Could the slowing of our rotation, leading to longer hotter days and colder nights, lead to increased turbulence in the jet and ocean streams, affecting the magnetic flux of the earth?
also... what about a stacked up planetary magnetic alignment?...
surface speed of the earth is a thousand mph or so at teh equator... thats how fast teh ocean would be moving across the surface of the earth as its axis become unstable, precesses, and potentially flips. and then we will still be traveling 1000 mph into the oceans that are traveling 1000mph the other way. water miles deep.
The reason I bring this up, is it should be our only real fear.
So... what other fears are controlling your decisions and perspective?
Could you find a perspective of LOVE instead of fear for that?? for example, hosting immigrant families for dinner instead of cheering for a wall?
Where do you get your daily doses of fear from??? It's highly addictive... cortisol.... adrenaline... fight or flight. that means fear is what is controlling your life. And our goal is UNCONDITIONAL LOVE.
What fears control your trading? are you afraid of missing the next big whatever in Bitcoin? or maybe afraid of what will happen when Black rock starts playing their games with bitcoin.. .all that dirty government war money... yuck. I replaced that fear motivation with a perspective of love and abundance with DOGE coin. Cause I know that together, the people can regain their power, as we all ascend from perspectives of FEAR into The vibrations of LOVE... in every situation. Love towards our brothers and sisters around the globe. love towards all animals, not just mans best friend.
You can see where this is going. DOGE coin is the only coin that invokes that perspective of LOVE.
Im currently working to install a DOGE payment option for my organic skin care company. JTreeLife. Who else is working to accept Doge for their small business?
May all beings live happy and free!
Just matter of time for DOGEEverything is good for DOGE. As i shared in my previous ideas, DOGE dropped and reached support zone. I can't exclude it could drop more, but till it's above the trendline, all is ok. I think it reached a strong support zone and should bounce here. First target $0.24, stop below local bottom
Dogecoin (DOGE) TO DA MOON! - 2024TO DA MOON!!
All jokes asides, Doge is peforming exceptionallywell, previous Resistance has been broken at: $0.11. New Level of Support has been formed at= $0.15. Not much next Resistance levels now ahead.
Current target set at= $0.28 which basically will be the "NEW" Level of Resistance until the next key levels.
Trade with caution with meme coins, expect high volatility within the ranges of the key levels I have provided shown from the chart TA.
Despite being a meme coin, DOGE has a very high Marketcap of $23Bil. Huge amount of 24hr trading volume too which is insane. It's a stable meme coin, but it's here to stay in the crypto space! :D
LTCN Litecoin Grayscale Trust Parabolic Move Starting Now!As you can see from the chart LTCN has very little resistance from $28.50 to CSE:TO 95 dollars. Once LTCN gets above $28.50 and closes above prefereably on a daily then its game on in my opinion. Next stop would be $95 and then $200 both areas of probably light resistance. The heavier resistance comes in at the prior all time high at $458. The move to $90 could happen very quickly and then from $90 to 200 even faster. I cant predict the timing but it could be as fast as a couple weeks and maybe up to 1.5 months. I think some where in between based on prior moves LTCN has made.
Good luck out there my friends. Check out my Litecoin analysis as well I am updating daily. Also if this adds any value to you please like it and follow me for future updates. Thank you