DOGEUSD started the Cycle's rally and can go x50.Dogecoin / DOGEUSD has crossed over the Bull Flag of the past 7 months, trading above both 1week MA50 and MA200.
This is what we have been calling as the 'October effect' since in Doge's 10 years of trading, most Octobers have ended correction phases that started aggressive rallies.
The ones every 4 years since 2016 have been the most aggressive.
Based on the previous two Cycles and their parabolic rallies, we believe it is possible for Doge to even go x50 from here.
Even 10x would be great from here but no matter your target, the essence is that Doge has started the new rally of this Cycle.
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DOGE-1
DOGEUSDT.P
Hello, dear traders! Hope you’re doing well this Monday.
I’m watching DOGE on the 1H time frame because it’s best showing the bearish divergence between price and volume from the previous high to the current high. Volume is missing on this pump, creating a strong bearish divergence. In my opinion, the price is likely to fall.
Stay safe and stay tuned for updated information!
DC. Several patterns indicates moon.Descending global channel, which has been the main one in the trend formation for the last six months, has been broken. Now, based on several patterns, we can assume that the trend is broken and the moon will coming soon. Potential formation of a golden cross, equilateral triangle, a descending wedge - will probably throw the price above all trading levels. Get ready, accumulate more.
TSLA CHART ART BECAUSE IF YOU DON'T CELLE EARLY THEN WHY GO BIG?I'm honestly so bullish on trends for DOGE and TSLA and spaceX, which has seemingly allowed amazon to stabilize in a way that I could even see use with APPLE, AMD, even MSFT.
Free X with purchase of a DOGE? haha
don't count out AR and MOOOVIES
or marbles, I mean marballs or ya know super stuff.
Say I'm not consistent with DOGE coin and TSLA and I'll call bullshit any day of the week, bet on that.
I do literally vow that a doge will keep the markets free fair and X rated for FREE speech, and then charge the F out of those that can pay. Like logically thinking if DOGE was a high price and say, another assets class like BTC or ETH, was crashing to a low, ya know, sell your DOGE coin for 420 and maybe even higher like $12000. Advertising is cheap compared to that, DM warren Buffet and ask how much money coke spends on advertising, I think cola X could maybe genetically modify sugar for taste but safety given such a huge discount on advertising, there is a lot of money to drop into education and rail and shipping and so many more.
the future is AMAZING X in a big forest of DOGE.
If say Cola and other companies bought DOGE for 12k per coin, could the price go higher? 42,069. Zero because a good idea is a good idea even if you have no idea who a person is but believe in an outcome that seems inevitable, likely, ironic and literal?
OH MAN if DOGE WENT THAT HIGH and big companies bought the dip and you sold at a really high price, you maybe could ask, should I look at other coins like BTC and ETH that project bearish all the sudden, or maybe you like time in over timing a market and you say, DOGE is long term. Bumpy, maybe at times, but lasting. Like millions of years maybe. Time works slightly different in space. Send a coin up to space like 5 years ago and it could return 12 years later having seen "X" years pass on, like does that count as time travel? What even is time travel but letting an investment grow in space for a long time when maybe only a short time passes on earth or do I reverse that thought. Oh well, I'm just a dumb insect creature named crazy guy 42069 twitterdogeX and believe that if the charts say it's possible, it can all the sudden be possible.
I wish for exactly what I deserve. The best wish.
I fee from fines, in the words or Mark, fuck it.
You should know what I know, which is nothing other than a long term opinion, and an objective look at why doesn't someone get in more trouble for saying things on TWitter about DOGE price and Tsla price and taking a company private. Like are they giving you a 5 year warning of intention saying that if you think critically and occasionally call a short sell dumb, and seeing that price isn't out of reality at 420.69 for either asset.
Doge obviously more explosive, and rightfully so, EVEN Bezos probably likes Dogs, and value can definitely be there with Amazon, and continue to fund projects like massive clocks and space venture, space is so big you can have multiple companies do things in different directions.
Russia and Venus seems worth exploring and SpaceX is going to mars, and China like the moon, Blue origin maybe takes us to pluto with your long term thinking. Bet you can't get there before Elon colonizes a new planet, call it MarsX. Idk X is a letter that could just attach so many places and fit microtransactions that aren't stupidly overpriced or just ya know buy low sell high if that is your thing.
Me, I'm thinking I like DOGE coin so much, might see what else it can be used for once it rolls out.
You can view a lot of my doge tinfoil hat stuff right here on tradingview where it all has been just sitting waiting for a curious person to ask questions.
BTC H4 pullback in progress // accumulate dips near 62 000 usd🔸Hello traders, today let's review 4 hour price chart for BTCUSD . We've
triggered overhead supply zone currently pullback in progress. Having
said that expecting limited downside before we get a reversal.
🔸Heavy stack of bullish s/r zones located at 62 000 / 63 000 / 64 400 usd.
bulls will defend those levels so downside beyond this zone is very limited.
fresh overhead supply at 71/73 000 usd so bulls will target this area
once we get a reversal after the current pullback.
🔸Recommended strategy bulls: wait for pullback to complete near 62 000 / 63 000 usd. BUY low close to 63 000 usd, stops fixed at 60 000 USD, TP1 bulls is 70 000 USD TP2 bulls is 72 000 USD, 18% upside in this trade setup without leverage. break below 60 000 usd invalidates bullish outlook. good luck traders!
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DOGE COIN SWING LONG IDEA - MEMECOIN - ALTCOIN DOGE coin is the leader of the meme sector in crypto, and it’s sometimes directly supported by Elon Musk. That’s why I’m keeping an eye on this coin.
The price is coming from a monthly demand zone, where it got rejected and has since started a weekly bullish momentum. Both the weekly and daily upward momentum are strong, suggesting the price could be heading toward new highs, in my opinion.
We might see some retracement before it rallies all the way up, but that may not happen either.
Golden Cross is forming on Bitcoin Weekly Charta Golden Cross is forming on the Bitcoin MACD Weekly Chart.
We saw what that did to the price of Bitcoin before as pointed in the chart.
Bitcoin is near the all time high price now and could make new highs any time soon.
Very bullish months to come for Bitcoin & the Crypto market!!
Alikze »» Dogs | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a descending channel in the 4H time frame.
- Due to the fact that there is a demand in the middle of the channel, this movement can continue up to the ceiling of the channel.
- At the top of the channel, if there is a correction and a soft landing up to the green box range, it will have the ability to grow up to the specified areas by creating demand again.
💎 Alternative scenario: in case it faces selling pressure after hitting the ceiling of the channel and this selling pressure continues sharply, it will lead to the failure of the middle range of the channel and the green box will not be able to hold the price and it can The broken move towards the downward targets and the bottom of the channel until the range of the second green box.
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BINANCE:DOGSUSDT
DOGE: Fractal Warning of Potential Slow Bleed AheadWhile DOGE has recently broken its trendline, this doesn’t necessarily signal a strong move to the upside. Looking at the fractal, there’s a strong possibility that this is the extent of the upward movement, and we may be in for a slow bleed over the next few days and weeks, bringing DOGE back down.
It’s worth keeping an eye on how this plays out, but don’t be surprised if the market trends downward instead of delivering the strong gains many are hoping for.
FLOKI | Meme Season Coming?Shiba killer is back?
Recent Binance news indicates that the U.S. arm of the world's largest exchange, is all set to list the popular memecoin Floki
Days after recognizing Shiba Inu’s full potential as a result of an internal review and its subsequent delisting from the Binance’s experimental “innovation zone”, the U.S. arm of the world’s largest crypto exchange announced that it will offer Floki, another flagship cryptocurrency from the memecoin genre. On Monday, April 24, the California-based Binance exchange notified its millions of users about the upcoming Floki listing which would initially be paired with both USD and USDT support. The trading for the token is said to go live tomorrow, April 25, 2023 at 5 a.m. PDT / 8 a.m. EDT. However, according to the announcement, the deposit function for FLOKI tokens are currently enabled for users to fund their crypto accounts. Binance has created seven new liquidity pools for crypto including Bitcoin, Shiba Inu, and Dogecoin in response to the growing demand for such cryptocurrencies. Moreover, emerging memecoins like Bone ShibaSwap (BONE), ArbDoge AI (AIDOGE) pumped more than 10% on news of a major exchange listing today.
As a direct consequence of this, many in the crypto community are speculating of an impending memecoin rally where market participants anticipate higher retail engagement as an increasing number of exchanges provide support for these altcoins. However, such price movements are heavily dependent on Bitcoin and a further decline from its current levels of FWB:27K would turn out to be devastating for the larger crypto market.
Doge Jump 7% as Musk Touts “D.O.G.E” at Trump’s CampaignIn a surprising twist, Dogecoin ( CRYPTOCAP:DOGE ) surged 7% late Thursday, crossing the 13-cent mark for the first time since late July. The price rally came after Elon Musk introduced his concept for a "Department of Government Efficiency" (D.O.G.E) during a Pennsylvania town hall in support of Donald Trump’s presidential campaign. The proposed department, aiming to streamline government spending, has sparked a wave of speculative trading in Dogecoin, fueled by Musk’s association with the popular meme coin.
Musk’s D.O.G.E Proposal: A New Meme to Power Dogecoin?
At the town hall, Musk suggested the creation of D.O.G.E as part of Trump’s broader political agenda, a department aimed at making government spending more efficient while reducing bureaucracy. The idea of running government departments with corporate-like incentives caught the attention of the crypto community, leading to a surge in interest in Dogecoin.
Musk’s consistent backing of Dogecoin, combined with his growing political influence, has played a significant role in the market’s reaction. Crypto traders are now speculating that a Trump victory in 2024 could lead to more mentions of “D.O.G.E” in government, driving retail attention back to Dogecoin in a big way.
Dogecoin’s 7% Price Surge: Fundamentals at Play
Dogecoin’s 7% price jump brought its value to over 13 cents, outperforming the broader market. Bitcoin, by comparison, rose just 1% in the same 24-hour period. Over the past week, DOGE has gained more than 22%, making it one of the top-performing major tokens. Several key factors contributed to this rise:
1. Musk’s Influence: Musk’s public support of Dogecoin has always been a catalyst for price movements. From Tesla to SpaceX, Musk’s ventures have regularly featured Dogecoin in some form, further legitimizing it in the eyes of retail investors.
2. Open Interest Surge: Open interest in Dogecoin-denominated futures spiked to over 5 billion tokens, a clear sign that volatility is on the horizon. Higher open interest alongside rising prices indicates that bullish momentum is strengthening.
3. Political Implications: As Musk positions himself as a supporter of Donald Trump’s campaign, some traders believe that a future Trump administration could lend more credence to the D.O.G.E meme, keeping Dogecoin in the spotlight.
Technical Analysis: Can DOGE Reach $1?
From a technical standpoint, Dogecoin is currently trading within an overbought region, with a Relative Strength Index (RSI) of 78. This suggests that while the recent price surge is impressive, there may be some short-term pullbacks due to profit-taking. However, the longer-term outlook remains optimistic.
- Support and Resistance Levels: Dogecoin’s immediate resistance level sits at $0.14, while support is around $0.12. A sustained break above the $0.14 mark could pave the way for Dogecoin to challenge higher levels.
- DCA Strategy: Traders looking to capitalize on Dogecoin’s potential should consider a Dollar Cost Averaging (DCA) strategy, buying during dips to mitigate risk. Given the market’s volatility, DCA allows investors to build a position over time, reducing exposure to sudden market corrections.
- Dogecoin to $1?: The age-old debate about whether Dogecoin can reach $1 continues to linger. While some analysts point to the fragmentation of liquidity among numerous meme coins as a reason for Dogecoin’s underperformance, others argue that Dogecoin’s familiarity and the paradox of choice could work in its favor. When retail investors are faced with hundreds of new meme coins, many may choose to stick with what they know—Dogecoin ( CRYPTOCAP:DOGE ).
The Road Ahead: Memecoins and the Retail Investor
One of the most interesting aspects of the current memecoin market is the sheer number of options available to retail investors. Platforms like Pumpfun and GraFun have enabled the creation of millions of new meme coins, fragmenting liquidity and making it harder for any single coin to dominate. However, this same fragmentation could ultimately work in Dogecoin’s favor.
As one prominent trader noted: *"When retail is presented with the option of choosing between a million different meme coins, they’re likely just going to go for the biggest and most familiar one they played with last cycle. DOGE to $1 is a meme until it isn't."
The increasing complexity of the memecoin market, combined with Musk’s continued influence, could indeed set the stage for Dogecoin to break past the elusive $1 mark in the future. For now, the best course of action for traders is to remain vigilant, stay informed about market developments, and consider gradual accumulation during dips.
Conclusion
While Dogecoin’s future is always uncertain, its recent performance shows that it continues to be a major player in the cryptocurrency space. Musk’s influence, combined with the speculative buzz around the D.O.G.E meme, suggests that Dogecoin ( CRYPTOCAP:DOGE ) could continue to surprise traders and investors alike. Whether or not it reaches $1 remains to be seen, but Dogecoin’s ability to rally in the face of both market and political developments is undeniable.
As always, traders are advised to manage their risk, take advantage of dips, and keep an eye on the memecoin landscape.
DOGE - Watch These 3 BULLISH SIGNSDOGE has given us THREE very bullish indications:
- Successful W-Bottom Pattern in the Daily
- Higher lows
Doge is also one of few alts that has been gradually making HIGHER HIGHS. This shows that the buyers have been driving the price up constantly.
Furthermore, the daily price has reclaimed and CLOSED candles above the 200d moving averages; another strong bullish sign:
With the current momentum and buying pressure showing up, it seems likely that DOGE will smash right through the next resistance zone as pointed out. (That is, naturally, IF BTC remains stable over the weekend).
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BINANCE:DOGEUSDT
Dogecoin Analysis==>>Bat Harmonic Pattern!!!Today, I want to analyze the Dogecoin(DOGE) project for you.
On-chain analysis shows that Dogecoin has seen rising active addresses and transaction volumes, reflecting growing adoption. While Dogecoin has faced price volatility, investors remain optimistic about its future as a lightweight and fast transactional currency.
Regarding Technical Analysis , Dogecoi n is moving near the upper line of the symmetrical triangle , Potential Reversal Zone (PRZ) , Resistance lines and 200_SMA(Daily) . So, Dogecoin faces some resistance.
Also, Dogecoin(DOGE) was able to make a Bearish Bat Harmonic Pattern .
I expect Dogecoin will fall to $0.119(at least/-10%) .
Dogecoin Analyze ( BINANCE:DOGEUSDT ), Daily time frame⏰.
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