DOGE Will Show Relief Rally Before CrashHello, Skyrexians!
Yesterday we pointed out that Ethereum has not finished the global correction and is waiting for crush, today we found the same pattern for BINANCE:DOGEUSDT . We still have some space to go up, but finally we will see another one drop to new lows.
Let's take a look at the daily chart. Here we can see the potential Elliott waves counting. Recent dip was the wave 3, not a wave 5 because of awesome oscillator. It has not crossed the zero line which means that wave 4 has not been completed. Green dot on the bottom on the Bullish/Bearish Reversal Bar Indicator does not mean the global reversal, it's only the end of the wave 3. Target area for wave 4 is 0.38-0.5 Fibonacci. If there we will see the red dot, it can be great short opportunity. Target for DOGE wave 5 is very low, it can be even lower than $0.1.
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Skyrexio Team
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DOGE-1
DOGEUSD: This is the rally that will deliver $1.00Doge is neutral on its 1D technical outlook (RSI = 52.126, MACD = -0.009, ADX = 40.011), recovering from its prior oversold state and testing the 1W MA50 for the first time in 3 weeks. The current rebound is being made after touching the 1W MA200, which is technically the new long term bottom, similar with August 5th 2024 and October 9th 2023. As shown, this is a once in a year buy opportunity that aims for the 1.618 Fibonacci extension on the HH trendline. The trade is long, TP = 1.000.
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DOGECOINHello friends
Due to the price falling in the specified support area, the price has been well supported. Now, due to the good price support by buyers, we can buy in steps within the specified purchase ranges, with capital and risk management, and move towards the specified goals.
*Trade safely with us*
DOGE in coming days ...Currently, DOGE is forming an ascending triangle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD).
However, it is crucial to wait for the triangle to break before taking any action.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Dogecoin Foundation Bolsters Reserves with 10M Token Purchase
The Dogecoin Foundation, the non-profit organization dedicated to the development and advocacy of Dogecoin (DOGE), has made a significant move by purchasing 10 million DOGE tokens.1 This strategic acquisition, part of a broader initiative to establish a robust DOGE reserve, signals the Foundation's commitment to the long-term sustainability and growth of the meme-turned-cryptocurrency.2 The purchase coincides with a notable price surge, as traders weigh potential shifts in US tariff and Federal Reserve policies, fueling speculation about Dogecoin's future trajectory.3
In February, the Dogecoin Foundation announced a five-year partnership with House of Doge, designating them as its official commercialization partner.4 This collaboration aims to enhance Dogecoin's utility and adoption by exploring innovative applications and fostering strategic partnerships.5 The establishment of a DOGE reserve, now augmented by the 10 million token purchase, appears to be a crucial component of this broader strategy, intended to provide financial stability and support future development initiatives.6
The purchase reflects a proactive approach by the Foundation to manage Dogecoin's ecosystem. By building a reserve, the Foundation can potentially fund future projects, support community initiatives, and mitigate potential market volatility.7 This move underscores the Foundation's commitment to ensuring Dogecoin's long-term viability, moving beyond its meme origins to establish a more structured and sustainable framework.
Simultaneously, the cryptocurrency market has witnessed a resurgence of interest in Dogecoin, with its price jumping by approximately 7% in a single day.8 This surge is attributed to a confluence of factors, including speculation that upcoming US tariffs might be less severe than initially anticipated. Traders are also closely monitoring potential shifts in Federal Reserve policies, which could impact the broader cryptocurrency market.9
The renewed optimism surrounding Dogecoin has led to its outperformance against major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP.10 This surge in interest highlights the enduring appeal of meme coins, which often experience significant price fluctuations driven by social media sentiment and speculative trading.11
Dogecoin's Bullish Momentum: Analyst Predicts Surge to $0.4
Technical analysis indicates that Dogecoin has recently broken above a bullish daily pattern, further fueling optimism among traders.12 This breakout suggests a potential upward trend, with analysts predicting a possible surge to $0.4.13 The bullish pattern, often characterized by a series of higher lows and higher highs, signals increased buying pressure and a shift in market sentiment.
The $0.4 target represents a significant milestone for Dogecoin, potentially marking a substantial increase from its current price. This prediction is based on technical indicators and historical price action, which suggest that a breakout from the current pattern could lead to a sustained upward trend.
Analysts emphasize the importance of monitoring key support and resistance levels. A sustained break above the current resistance could validate the bullish prediction, while a failure to maintain momentum could lead to a price correction. The volatile nature of the cryptocurrency market necessitates a cautious approach, as unexpected developments can significantly impact price movements.14
The confluence of factors, including the Dogecoin Foundation's token purchase, the potential easing of US tariffs, and the bullish technical analysis, has created a perfect storm for Dogecoin. The surge in trading volume and increased social media activity further amplify the bullish sentiment, contributing to the overall market optimism.15
However, it's crucial to acknowledge the inherent risks associated with cryptocurrency trading. The market is highly volatile, and price predictions are subject to significant uncertainty.16 While the current momentum appears promising, unexpected news or market corrections could quickly reverse the trend.
Will Dogecoin Reach $1? The Speculative Frenzy
The question on many traders' minds is whether Dogecoin can reach the coveted $1 mark. This milestone, once considered a distant dream, now seems within reach for some optimistic investors. The recent price surge and positive market sentiment have reignited speculation about Dogecoin's potential to achieve this target.
Achieving $1 would represent a significant increase from Dogecoin's current price, requiring a substantial influx of capital and sustained buying pressure.17 The cryptocurrency market is known for its rapid and unpredictable price swings, making such predictions inherently speculative.18
The Dogecoin community, known for its enthusiastic support and social media prowess, plays a crucial role in driving price movements.19 The power of social media and online communities to influence market sentiment cannot be underestimated, particularly in the case of meme coins like Dogecoin.20
However, fundamental factors, such as adoption rates, technological developments, and regulatory clarity, will ultimately determine Dogecoin's long-term success. The Dogecoin Foundation's efforts to enhance the cryptocurrency's utility and establish a stable ecosystem are crucial steps in this direction.21
The partnership with House of Doge and the establishment of a DOGE reserve demonstrate a commitment to building a more sustainable and functional cryptocurrency. These initiatives aim to move beyond the meme-driven hype and establish a solid foundation for long-term growth.
In conclusion, the Dogecoin Foundation's purchase of 10 million tokens, coupled with positive market sentiment and bullish technical indicators, has created a wave of optimism.22 While the $1 target remains speculative, the recent developments suggest that Dogecoin is experiencing a resurgence of interest and potential for further growth.
Traders should remain vigilant and exercise caution, as the cryptocurrency market is inherently volatile.23 The blend of community, development, and market conditions all contribute to the current and future potential of Dogecoin.
OH NO GUESS WHAT I FOUND $TSLA HEAD AND SHOULDERThe head and shoulders pattern is a chart formation in technical analysis that signals possible trend reversals, often suggesting a change from a bullish to a bearish trend. It features three peaks: a central "head" that is the highest, flanked by two "shoulders," with a neckline connecting the troughs between these peaks.
Tesla's stock is often viewed as a risky investment for several reasons:
High Valuation: NASDAQ:TSLA stock price is considered very high compared to traditional car manufacturers, with a much higher price-to-earnings ratio.
Market Volatility: The NASDAQ:TLSA price is highly volatile, influenced by factors like CEO Elon Musk's public comments, regulatory changes, and overall market sentiment.
Intense Competition: The electric vehicle market is becoming more competitive, with many established and new companies investing heavily in EV technology.
Production Issues: Tesla has experienced production and supply chain challenges, which can affect its ability to meet demand and maintain profitability.
Regulatory Risks: Changes in government policies and regulations, especially those related to environmental standards and EV incentives, can significantly impact Tesla's business.
While these points highlight potential risks, Tesla also has strengths such as strong brand recognition, technological innovation, and leadership in the EV market. It's important to consider both the risks and potential rewards when evaluating Tesla as an investment.
SELLL NOW!!!!!
The key is whether it supports around 0.18951
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(DOGEUSDT 1D chart)
The key is whether it can maintain the price by rising above 0.18951.
If it rises after receiving support near 0.18951, we need to see whether it can rise above the M-Signal indicator on the 1W chart.
In other words, we need to see whether it can maintain the price above 0.21409.
If not, it is likely to show a downward trend like the previous trend.
-
Therefore, I think this is a great opportunity to turn into an upward trend in line with the flow of BTC.
What we need to do is to check if it is supported around 0.18951.
If it is supported, it is a time to buy.
Since the M-Signal indicator of the 1M chart is passing around 0.18951, it is highly likely that it will show a different flow than before.
Since OBV has to break through the upper line of the Price channel to surge, it is better not to rush too much and check if it is supported around 0.18951 before trading.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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DOGEUSD making a huge bullish break-out. Eyes 0.800.Dogecoin (DOGEUSD) broke today above the Lower Highs trend-line that started 2 months ago (on the January 18 High).
The natural Resistance remains of course technically the 1D MA50 (blue trend-line) but with the 1D RSI already trending upwards and the price rebounding from the recent low at the bottom of the 1-year Channel Up, we can already claim that the new Bullish Leg has already started.
If it makes just a simple repeat of the previous Bullish Leg (which during Bull Cycles every rally is generally more aggressive than the previous), it can top the Channel Up and make a Higher High at $0.800.
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JUST IN: Elon Musk's DOGE Blocks $52 Mln Payment to WEFThe Department Of Government Efficiency (D.O.G.E) a mechanism set up by the President Donald Trump headed by Elon Musk in a shocking news has block $52 million payments intended to be given to the World Economic Forum (WEF). This and many more blockage and unnecessary spendings was tracked and blocked by the DOGE team.
Now, knowing Elon Musk's unwavering support to the altcoin Dogecoin ( CRYPTOCAP:DOGE ) a token that is based on the popular "doge" Internet meme and features a Shiba Inu on its logo, CRYPTOCAP:DOGE coin price is fundamentally tied to The Department Of Government Efficiency (D.O.G.E).
Somehow this mechanism set up by Donald Trump might be the catalyst needed by CRYPTOCAP:DOGE coin to break the psychological $1 resistant with traders eyeing a $1 move this year. As more frivolous spendings and wasting of government funds are unravel, CRYPTOCAP:DOGE coin might be on the verge of a breakout amidst a falling wedge pattern formed since the 2nd week of February, 2025.
Dogecoin Price Live Data
The live Dogecoin price today is $0.169289 USD with a 24-hour trading volume of $1,053,328,921 USD. Dogecoin is down 2.66% in the last 24 hours, with a live market cap of $25,141,281,592 USD. It has a circulating supply of 148,510,656,384 DOGE coins and the max. supply is not available.
$DOGE - Bear Trap BuyReposting my analysis from 3/8 as it was delisted b/c I referenced a non-TV external account. Also, a disclaimer since I've quickly discovered that people like to chirp and demean ideas on TV:
This is an IDEA. I maintain bull and bear cases for every underlying I analyze. My opinion about an underlying can change exceedingly quickly based on price action and how price's evolution either confirms or violates TREND (I define trend scholastically, NOT inferentially). I also may have 1 directional opinion about a security's higher timeframe and an opposing directional stance about a lower TF. Markets are fractal. Any serious trader/analyst understands what I'm articulating. This business is NOT about predicting. It is about understanding participant psychology, order flow, statistical distribution, risk vs. reward, profit margin, and probabilities.
With that said, here's my post from 3/8:
This is a technical (supply/demand) setup and is not a fundamental endorsement for CRYPTOCAP:DOGE ownership. $DOGE/USD (and crypto more broadly) has declined markedly (~60%) from December '24 highs. Late last month, low-quality daily demand (0.2021-0.1853) produced a minor bounce. DOGE quickly found sellers in advance of the opposing 1D supply zone (0.2428-0.2615), though, and was rejected. DOGE/USD appears poised for further near-term downside, with the weekly RSI threatening the 40 level.
If DOGE/USD presses lower and trades < 0.1813, the next pocket of daily demand = 0.1700-0.1419. More significantly, DOGE has a well-formed weekly buy zone @ 0.1513-0.1280. DOGE/USD's intermediate-term uptrend is controlled by 0.0805 (low of the corrective segment 3/25/24 - 8/5/24). Trend-continuation buying is valid within the bounds of the corrective segment, which DOGE traded into in early Feb. Buys are supported by 78.6% and 88.6% Fibonacci retracement levels and, to a lesser degree, Anchored VWAP + 1W Bollinger Band lower bound (not pictured).
Given crypto's broader price action and bearish momentum, confirmation entries are recommended. Potential buyers, depending on risk tolerance, should reference intraday timeframes for trend reversal signals vs. "catching a falling knife". Should DOGE bottom, preliminary target (T1) would be in advance of weekly supply @ 0.2398-0.2874 (use LTFs to refine and ID smaller sell zones that could challenge a rally). Trading > 0.2874 sets the stage for higher prices, with T2 supply 0.3288-0.3648. If DOGE/crypto approach T2 prices with significant bullish momentum (reference RSI), we could see subsequent prints in excess of December's 0.4846 high.
As always, feedback's welcome. Godspeed!
JHart
DOGE/USDT 1H: Bullish Momentum Holding – Can $0.182 Be ReachedDOGE/USDT 1H: Bullish Momentum Holding – Can $0.182 Be Reached?
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Current Market Conditions (Confidence: 8/10):
Price at $0.1752, showing strong bullish momentum.
No clear divergences present on RSI, suggesting sustained strength.
Market Maker accumulation visible, confirmed by a recent sweep of lows at $0.163 and strong bounce.
LONG Trade Setup:
Entry: $0.174 - $0.175 zone.
Targets:
T1: $0.178 (initial resistance).
T2: $0.182 (extended liquidity zone).
Stop Loss: $0.171 (below recent support).
Risk Score:
8/10 – Strong risk-to-reward setup with confirmation of Smart Money accumulation.
Market Maker Activity:
Accumulation phase completed with a liquidity sweep below $0.163.
Order blocks at $0.173 - $0.174 indicate continued bullish pressure.
Minimal selling pressure suggests a continuation of the uptrend.
Recommendation:
L
ong positions remain favorable within the $0.174 - $0.175 entry range.
Monitor reaction at $0.178, as a strong breakout could confirm the move to $0.182.
Use tight stops, as pullbacks could occur before continuation.
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DOGEUSD preparing the final rally to $1.00Dogecoin / DOGEUSD has hit this month and so far holding its 1month MA50.
This Cycle isn't that different from the previous two, although it is naturally a not as aggressive as the market has matured.
According to the 1week RSI, the market is at the bottom of the final Bull Cycle pull back before the final rally for the Cycle Top.
We expect it to reach at least $1.00 by the end of this year.
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Be careful with DOGE !!!Perhaps this is a cup and handle pattern, and if that's the case, it could push the price up to around 90 cents.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BTCUSD Daily Updated Outlook and V-Shape Recovery
🏆 BTC Market Update
📊 Technical Outlook
🔸Mid-term: BEARISH OUTLOOK
🔸Status: 40% correction in progress
🔸Potential V-shape recovery
🔸Similar fractal to 2021
🔸105 000 - 68 000 40% correction
🔸68 000 - 118 000 - 80% gains
🔸Price Target Bears: 68 000 USD
🔸Price Target BULLS: 118 000 USD
📉 Market Dynamics:
💰 BTC Pulls Back – Bitcoin corrects 🔻22% from its all-time high, but analysts see a potential rebound ahead. 📊📈
🏦 Institutional Power Play – MicroStrategy holds nearly 500K BTC at an average price of $66K, planning to buy more with a $21B stock issuance. 📉💎
🌎 Global Bitcoin Developments:
🇧🇹 Bhutan's Secret Stash – The country holds $750M in BTC, making up 28% of GDP, powered by hydro-mining. ⚡⛏️
⚖️ U.S. Crypto Regulations – Stricter rules under President Trump aim to integrate crypto into traditional finance. 📜🏦
🕵️♂️ Satoshi Mystery Continues – New theories emerge about Bitcoin's anonymous creator. 🤯🔍
Dogecoin - New All Time Highs Will Come!Dogecoin ( CRYPTO:DOGEUSD ) still remains bullish:
Click chart above to see the detailed analysis👆🏻
If you look at the chart above, you can see almost only green mark ups. That's because despite the recent drop, Dogecoin remains in a very bullish market and is overall clearly heading higher. If this break and retest now plays out, we will even see new all time highs in the future.
Levels to watch: $0.2, $0.5
Keep your long term vision,
Philip (BasicTrading)
DOGEUSD: This is why it can go to $2.00Dogecoin is bearish on its 1W technical outlook (RSI = 41.068, MACD = -0.006, ADX = 51.882) as it's trading under the 1W MA50. It did find however support on the 1W MA100 and that reminds us of the August-September bottoming period, which served as accumulation for the market, giving way to the post U.S. election rally. This chart shows DOGE's three Phases of Growth of the current Cycle. As the 1W MA100 holds, we have succesfully completed Phase 2 and have started Phase 3, which is technically the most bullish. The last Phase 3 topped a little over the 2.0 Fibonacci extension of Phase 1 bottom. This implies that a $2.00 TP by the end of Q3 is a technically achievable price.
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DOGE RUN IS OVER! TAKE PROFITS OR HOLD YOUR BAGS TILL 2025!Its clear that the doge run is pretty much over. DOGE is headed back down to $.05 and possibly lower over the next few years to maybe below 1 cent, till the next potential crypto run around 2025. These little pumps from Elon and friends is all just a joke so they can empty their bags and have the liquidity to do it while everyone else is buying in to these hypes. I said this weeks ago if you look at my other chart that this thing needs years to consolidate and correct. It outpaced the market in its run and went straight up and in this market anything that goes straight up comes straight down. Also there is no use case and DOGE is not being used, this is all a hype run and a get rich quick pump and dump. Once the rest of the market starts the next run up DOGE may have a bounce but only in dollar value as everything is pegged to Bitcoin but its BTC/DOGE ration will fall. If you believe in the tech then hold your bags and stop looking at the price. If you are just trying to make some money then this may be the time to get out and take profits if you haven't already or cut your losses if you bought in at the top. Good Luck.
If you have any questions or just appreciate this idea then leave me a comment. Follow me for frequent updates as well and if you have a chart you would like me to look at then let me know. Thank you all and good luck.
NOT FINANCIAL OR TRADING ADVICE JUST MY OPINION.
LUNC Luna Classic Is About To DieA lot of these tokens in the next couple years are going to bleed out to zero. With the new Bitcoin ETFs and big money in the space they arent buying Luna, or BNB, or name your coin. They are buying what regulators have allowed them to buy. So far thats only Bitcoin,Ethereum, Litecoin, and Bitcoin Cash. This next bullrun will be utility, and regulatory based for the big players.
People holding these tokens like LUNC are going to eventually dump. Luna will never go to even a penny never mind a dollar. Its looking extremely bearish to me. Maybe one more dead cat bounce before Luna falls into the shadow realms. LUNA wont be the only one suffering this fate either. This next bullrun and after is going to delete most of the crap out there. You'll always have the casino where people play hot potato with the meme coins that come out every minute of the day. Real money is not going into this stuff though. Good luck and I wish you all the best, hate to see LUNA get rugged a second time, that would be some serious salt in the wounds. Not financial advice.
Descending triangle and Stoch RSI pointed straight down.
DOGE has moves! ELON DO IT!DOGE and ELON has many similarities! They love to touch heights! DOGE looks bearish but when you are bearish, they tend to do the opposites! If you see it follows bearish path, the orange line happens but when you see into it deep inside it, the tested nPoC makes it somewhat like a shorts squeeze eating both sides!