DOGE-1
#Dogecoin idea update vs #BTCI posted this #DOGEBTC chart a long time ago
Well we are seeing the fractal that I thought was forming appear to be well underway
which is great not only for Doge but #Altcoins as well
Over the years Doge has been fantastic at generating more BTC
and quite literally a unicorn in making higher highs and higher lows through multi cycles
The coin that sparked a whole industry
But often times its best to bet on the market leader
think Coke v Pespi
Apple V Samsung
A $80k BTC puts Doge at over $2 using this projection
will it get there... ? tough to say But at least we have a roadmap
Saturday DOGE!Good Monring!
DOGE has been pressing into a flat top at the $.165 … and those usually break UP! Is this the move we love where DOGE goes for a run???
Yellow trace shows this well.
Also possible for a bit of sideways movement like purple.
Seems like we have moved out of harmonic with the more bearish fractals in this position.
Watching for the formation of a rising wedge that would break down invalidating this.
Go DOGE Go!
Cryptolean Dogecoin DOGE UpdateDogecoin is trading to escape $0.146-$0.156 zone that was confirmed yesterday as a support.
A closure below $0.145-$0.155 is likely to lead to another retest of $0.121-$0.132.
A bullish move from its current price location and a bullish break-out of $0.18 will push DOGE price towards $0.18 and higher to $0.20.
DOGEUSDT.2HFor the DOGE/USDT chart provided, here’s a professional technical analysis:
Timeframe: The 2-hour timeframe depicted is useful for assessing short to medium-term trends and identifying intraday trading opportunities.
Ichimoku Cloud: The price is currently within the Ichimoku Cloud, indicating a potential zone of indecision or consolidation. A breakout above the cloud could suggest a bullish trend, while a break below could indicate a bearish trend.
Trendlines: The chart does not clearly show any trendlines, but typically, these would help identify the direction of the price movement. The absence of clear trendlines suggests the market might not have a strong directional bias at the moment.
Resistance Levels (R1, R2, R3): There are multiple resistance levels marked on the chart. The price is nearing the first resistance level (R1). A break above this level could suggest bullish momentum, potentially leading to a test of higher resistance levels (R2 and possibly R3).
Support Level (S1, S2): The support levels are well below the current price. If the price were to fall, these levels could serve as potential areas where the price might find a floor and potentially rebound.
Relative Strength Index (RSI): The RSI is around 57.3, which is neutral, indicating neither overbought nor oversold conditions. This suggests there is room for the price to move in either direction without immediate pressure from RSI extremes.
MACD (Moving Average Convergence Divergence): The MACD line is very close to the signal line and near the zero level, indicating a lack of strong momentum in either direction. Traders would watch for the MACD line to cross above the signal line as a bullish indicator or below it as a bearish indicator.
Conclusion:
The DOGE/USDT pair appears to be in a state of equilibrium, trading within the Ichimoku Cloud without clear direction on the MACD or strong sentiment from the RSI. The proximity to the R1 resistance level suggests that this could be an area of interest for both bulls and bears. A breakout or breakdown from this zone, confirmed by volume and other indicators, would provide a clearer directional bias. As always, it is crucial to consider the broader market context and news that may impact the asset's price and to employ risk management strategies when trading.
🐶 Dogecoin (DOGE): Spot Long Trade Opportunity! 📈🚀📉 Current Situation:
DOGE is consolidating within a support zone.
Potential opportunity identified for a spot long trade.
📈 Trade Plan:
Entry: Ladder into a long spot position between $0.145 - $0.16.
Take Profit: Target the next resistance areas at $0.18 - $0.205 or $0.30 - $0.32.
Stop Loss: Set just below $0.135 to mitigate downside risk.
🔄 Strategy:
Utilize laddering to enter positions strategically within the support zone.
Monitor price action for confirmation of upward movement.
Manage risk by adhering to the defined stop loss level.
📊 Note: Stay vigilant for any changes in market dynamics and adjust the trade plan accordingly! #DOGE #TradePlan #SupportAndResistance 🐕📈
DOGE LOOKS BEARISH !It seems to have completed a triangle and now the last wave of the triangle (wave E) is over.
Target can be green box (flip range)
Closing a daily candle above the invalidation level will violate the analysis.
invalidation level : 0.1703
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
WIF Is Going To Come Down Hard Be CarefulWIF is way overextended and overvalued. There is bearish divergence on many indicators on almost all higher timeframes. I think WIF comes down to tap the trendline at $1.40 and a small bounce then it falls swiftly into the wedge again. Where is goes from there I dont know but I will update the chart at that time.
This is not finainclal advice this is just my opinion.
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DOGE Soars Nearly 20% After Coinbase Announces Doge DerivativesIn a significant move for the cryptocurrency market, the Commodity Futures Trading Commission (CFTC) has given its approval to Coinbase Derivatives LLC's application for Dogecoin ( CRYPTOCAP:DOGE ) futures, alongside Litecoin and Bitcoin Cash. This development has sparked a renewed interest in DOGE, as well as positive sentiment across the broader crypto landscape.
Coinbase's CFTC Approval Ignites DOGE Surge:
Coinbase's quiet filing for Dogecoin futures certification with the CFTC on March 7 went unnoticed until recently. With the CFTC's approval, Coinbase Derivatives LLC is set to launch DOGE futures trading on April 1. The announcement sent shockwaves through the crypto community, prompting a nearly 20% surge in DOGE prices after a recent correction.
Market Response and Outlook:
Following the news, Dogecoin ( CRYPTOCAP:DOGE ) emerged as one of the hottest topics on social media platforms like X (formerly Twitter). The anticipation surrounding DOGE futures listing on Coinbase has fueled optimism for further price gains. Additionally, the positive momentum extended to Bitcoin Cash ( SET:BCH ) and Litecoin ( CRYPTOCAP:LTC ), both witnessing notable price increases ahead of their listing on Coinbase Derivatives LLC.
CFTC Recognition and ETF Speculation:
The CFTC's recognition of Dogecoin ( CRYPTOCAP:DOGE ), Bitcoin Cash, and Litecoin as commodities in approving their futures trading holds significant implications. This acknowledgment aligns with the broader industry sentiment and could pave the way for potential exchange-traded fund (ETF) launches. Dogecoin ( CRYPTOCAP:DOGE ) enthusiasts are particularly hopeful for a CRYPTOCAP:DOGE ETF, given the CFTC's classification and the potential challenge it poses to the Securities and Exchange Commission (SEC) regarding security classification.
Market Dynamics and Federal Reserve Remarks:
The approval of CRYPTOCAP:DOGE futures comes amidst a broader market resurgence fueled by dovish remarks from Federal Reserve officials. The expectation of interest rate cuts by the Fed has injected bullish sentiment into the cryptocurrency market, with Bitcoin ( CRYPTOCAP:BTC ) and Ethereum prices also witnessing notable gains.
DOGE Trendline + Breakout (alt-season just started)DOGE has likely just started its run vs bitcoin
It broke out of the trendline which is one of the early sign of alt-season starting and now recently retested the perfect X of trendline+breakout at around 0.13$
altcoins such as DOGE are going to outperform BTC, but for how long?
🔥 SHIBA Falling Wedge: Bull-Run Break Out!SHIB has seen an incredible run-up in February, but has been consilidating for a couple of weeks now. This signal assumes that SHIB will remain inside the falling wedge and will break out at some point.
Be patient for the break out through the top resistance of the wedge. Signal will be invalidated if the price falls through support.
Stop below the recent swing low, target at 6000 points.
GBPNZD 8hour IHS buy/hold tp +500 pips🔸Let's review 8 hours chart for GBPNZD today. speculative buy/hold setup for GBPNZD bulls,
accumulation in range. short-term expecting pullback from overhead resistance, shorting
from resistance is a higher risk setup (bears), however focus on buy/hold for excellent
risk/reward.
🔸GBPNZD 8 hours is a confirmed bullish IHS setup, with LS/RS/HEAD of the structure
already complete, backtested the neckline so the next re-test expect breakout.
🔸Recommended strategy bulls: bulls buy/hold any dips/pullbacks close to 0650,
TP1 bulls +250 pips TP2 pips +500 pips, final exit at 2.1200. keep in mind this
is a swing trade setup for patient traders only, will take more time to hit targets.
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
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.
DOGEUSDT to visit weekly support before bounceWeekly resistance WR1 rejected the price on the last pump to 0.2 level. After that rejection price bounced but succumbed to the drop in BTC. Currently it is trading between weekly resistance WR1 and weekly support WS1. The price is likely to reach to weekly support WS1. This support is likely to provide the necessary momentum for the price to head up towards WR1.
#ALTCOINS are still BULLISHLY positionedWe cleared the 200d MA
CHECKBACKED
and had a slight correction
looking for another higher low
as we SMASH the key yellow line for GOOD
to confirm #Crypto spring for the many non-believers in this rally!!
:)
#SHIB
#LINK
#LTC
#CULT
#HEX
#PP
#DBI
#NEAR
#FTM
#AVAX
dont miss, Symmetrical triangle?Maybe a Symmetrical triangle
We are seeing huge flows of money entering the crypto world, from those starting with ETFs to the most curious who see everything fluctuating double digits every week, so with Elon Musk's recent support, Doge positions itself in the center of the stage to shine like never before
DOGE Surges, Can It Break Above $0.17227?The 4-hour closing prices for BINANCE:DOGEUSDT over the past 48 hours have showcased a slight downtrend after a brief uptick. This movement is closely mirrored by the 9 Exponential Moving Average (EMA) values, which indicate a potential consolidation phase in the market. The 20 EMA, with its descending values, suggests that the downtrend might have a bit more room to run before finding solid ground.
The MACD (Moving Average Convergence Divergence) indicator presents a nuanced view of the momentum. The latest values show a narrowing gap between the MACD line and the signal line, indicating a decrease in downward momentum. Specifically, the change from a negative histogram value to a positive one in the most recent sessions signals a potential shift in momentum towards the bulls.
RSI (Relative Strength Index) levels have hovered around the mid-40s. These figures suggest that Dogecoin price is neither overbought nor oversold, providing a neutral stance but leaning slightly towards bearish sentiment due to its position below the midpoint of 50.
Volume analysis further complements the technical picture, with trading volumes fluctuating significantly in recent sessions. A spike in volume accompanied the price movements, indicating active interest and participation in the market at these levels.
Looking Ahead: Price Levels and Trade Considerations
The immediate resistance levels to watch are $0.15477, followed by more formidable barriers at $0.16397 and $0.16886. These levels could serve as critical points for bullish reversals or rejection. On the downside, support levels are identified at $0.14094, with further cushions at $0.13797 and $0.13131. A breach below these supports could signal increased bearish pressure.
Given the current technical indicators, traders might consider potential entry points for long positions near the support levels if signs of bullish reversal appear, such as a bullish MACD crossover or an RSI rebound above 50. Conversely, short opportunities may arise if the price fails to breach above resistance levels, especially if accompanied by bearish MACD and RSI indicators below 50.
The technical analysis of the Dogecoin price points towards a market at a crossroads, with potential for both upward and downward movements. Traders are advised to keep an eye on the key technical levels and indicators discussed to identify possible entry and exit points for their trades.
DOGE bullish on BTC?!?!Hello! And happy spring! This is when the human tribe here on space ship earth emerges from winter hybernation with a yearning to connect, explore, saving, and dance! Not to be confused with the traditions of oppression, like st Patrick’s day, where we all emerge and poison ourselves, while simultaneously sterilizing our selves… …. Hmmm sterilization, or love… i pick DOGE coin! The coin of love… over the imperial BTC… now openly tethered to teh corrupt financial markets of the western world through the BTC ETF approval.
Says the US elite old money hanging on for power and relevance as their dollar looses its luster, and the corruptions of corporate money in our politics crash the trust in our patriotism.
American… thats just another divisive segregation. We are all humans of earth. And that we are… of earth. Not machine or computer or city or pavement…. A tribe of all one brother and sister here on earth. A tribe bound by the forces of love, and held to combat the forces of fear that poison men’s minds with greed.
Each of us can make the choice to live by LOVE instead of by FEAR.
I love DOGE COin.
Are you afraid of missing the next blah blah blah in BTC???
Love or Fear. What do you choose?
What if it’s already over? As I count the harmonic patterns on BTC on the 1w candle on a chart with all of the history… what if this was the top for BTC? The grandest pump and dump of all time, Thanks for the juice Blackrock!
Happy Spring! Music Festival Season is upon us! Time to unite the tribes in love! And take the DOGE for a RUN… of leash!
Cryptolean Dogecoin DOGE Update Following overall bearish sentiment in the Crypto market, Dogecoin price declined from $0.179 resistance.
A closure below $0.145-$0.155 is likely to lead to a decline towards $0.121, also facing support at $0.132.
A reversal from its current price location and a bullish break-out of $0.156 will push DOGE price towards $0.18 and higher to $0.20.
Intraday Chart
The DOGEUSDT 4-Hour chart is bearish and more downside is very likely.
A bullish break-out of $0.149 will place #Dogecoin into the intraday range zone and will push price to the key intraday resistance of $0.182.
A bearish rejection of $0.149 resistance will push price lower to $0.095-$0.11, the key support zone, also facing a support at $0.131.
Support once read!
Thank you.