DOGE Poised To Climb to $1.50 in the Next Several Weeks: DOGE could rise to as high as $1.50 in the long term.
The bullish outlook comes after DOGE rebounded off of a positive trend line on its weekly chart.
At press time, DOGE was trading hands at $0.0713 following an 8.59% 24-hour gain.
From a shorter-term perspective, DOGE was able to achieve a 24-hour gain, according to CoinMarketCap. At press time, the cryptocurrency market tracking website indicated that DOGE was trading hands at $0.0713 following an 8.59% uptick in its value throughout the past day of trading. This pushed its weekly performance deeper into the green zone to +22.54% as well.
Interestingly, DOGE’s performance over the past 24 hours is remarkable. The Trend line heading towards Possible Bullish Trend Amidst the Meme coins Volatility and FUD.
DOGE-1
DOGE/BTC - Dogecoin: Super_Trend◳◱ We've detected a Super Trend pattern on the CRYPTOCAP:DOGE / CRYPTOCAP:BTC chart. The Super Trend indicator is showing a bullish trend, indicating a potential trend reversal. The next resistance key levels are at 0.00000216 | 0.00000228 | 0.00000248 and the major support zones are respectively at 0.00000196 | 0.00000188 | 0.00000168. We may consider opening a trade position at the current price zone at 0.00000217 and benefit from the trend continuation.
◰◲ General info :
▣ Name: Dogecoin
▣ Rank: 9
▣ Exchanges: Binance, Kucoin, Huobipro, Bittrex, Kraken, Hitbtc
▣ Category/Sector: Payments - Currencies
▣ Overview: Dogecoin is a playful cryptocurrency popularized by adopting the Shiba Inu internet meme.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000217 ₿
▣ 24HVol: 359.183 ₿
▣ 24H Chng: 13.021%
▣ 7-Days Chng: 26.51%
▣ 1-Month Chng: 22.99%
▣ 3-Months Chng: -3.48%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000216 | 0.00000228 | 0.00000248
◢ Support: 0.00000196 | 0.00000188 | 0.00000168
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -21.37
▣ Last 90D: -16.85
▣ Last 1-Y: -16.63
▣ Last 3-Y: -14.80
◲◰ Volatility :
▣ Last 30D: 0.23
▣ Last 90D: 0.39
▣ Last 1-Y: 0.61
▣ Last 3-Y: 1.01
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.58 - Bullish
▣ Twitter sentiment score is 0.46 - Bearish
▣ Reddit sentiment score is 0.40 - Bearish
▣ In-depth DOGEBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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🔥Do You Believe in $14 for MULTI❓MULTI fell by -92% on it's service unavailability. It made a pullback by 210% and now is making a falling wedge (bullish pattern).
I assume that it will start to grow after some consolidation inside this wedge (maybe good news about resumption of work) and Bitcoin consolidations or growth.
💥 The targets are on chart.
like❤️ and follow
Check the links and get a BONUS from me👇
DOGE rocket is loaded! Progressive growth expected?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
All day yesterday I looked at this chart and still didn’t dare to enter, and the price went a little without me. I'm thinking of trying to gain a position from the current values...
Legends say that October-November are the months of meme coins, and this is true! Rewind the chart or just take a look at FLOKI or newcomer PEPE now. At the moment, DOGE stands still in comparison with them and perhaps this is the next contender for PUMP.
The technical chart looks sexy, a countertrend breakout can push the price further. Also pay attention to the tweets that are spreading a lot of euphoria. I will try to fly, perhaps already on a departing train. What do they say? Those who don't take risks don't drink champagne, right?
Deal plan:
Entry - $0.07220
Stop - $0.0645
Take profit - $0.08-0.1
Guys, try to respect the risks - this is still an altcoin, and everything can change in a matter of minutes. Per trade up to 5% of the deposit, leverage no more than 5X.
🔥 DOGE Bullish Breakout After 1.5 Years Of SellingDOGE has generally been trading bearish ever since the May 2021 top of about 0.70$.
As seen on the chart, the price has been bouncing off a stron diagonal resistance and horizontal support area, making a (bearish) triangle pattern.
With Bitcoin's help, DOGE managed to break out through the top resistance with force. I'm considering this the most bullish price action in around a year, which could be the start of a longer-term trend shift.
For now, 0.20$ is my target, stop under the recent local lows.
DOGE: Overbought at ResistanceDogeCoin (DOGE) technical analysis:
Trade setup : Trends are mixed but improving. On the positive note, price has regained the $0.06 key level and rallied to $0.07 resistance area, which is also a 200-day moving average. Near-term, is very overbought (RSI > 75), so we could see some profit taking. Price really needs to break and stay above 200-day moving average ($0.07) to confirm an Uptrend.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.060, then $0.053. The nearest Resistance Zone is $0.070, which it broke, then $0.100.
DOGE: Overbought at ResistanceDogeCoin (DOGE) technical analysis:
Trade setup : Trends are mixed but improving. On the positive note, price has regained the $0.06 key level and rallied to $0.07 resistance area, which is also a 200-day moving average. Near-term, it appears overbought (RSI > 70), so we could see some profit taking. Price really needs to break above 200-day moving average ($0.07) to confirm an Uptrend.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.060, then $0.053. The nearest Resistance Zone is $0.070 then $0.100.
Doge Breaks Through Resistance of 0.065 - Time to Go Long!
I hope this idea finds you wagging your tail with excitement because guess what? Doge has just made a jaw-dropping move by breaking through the resistance level of 0.065! 🚀🐶
I couldn't contain my excitement and had to reach out to you immediately to share this thrilling news. Doge has been gaining momentum lately, and this breakthrough is a clear sign that it's time to hop on the Doge train and go long!
But why should you consider going long on Doge? Let me give you a few pawsome reasons:
1. Breakthrough Momentum: Doge's recent breakthrough of the resistance level indicates a strong bullish sentiment in the market. This breakout has the potential to fuel a significant upward trend, presenting an excellent opportunity for traders like you.
2. Community Power: Doge has one of the most vibrant and passionate communities out there. Their collective enthusiasm and support have played a significant role in driving Doge's growth. With such a dedicated community behind it, Doge has the potential to surprise us all!
3. Volatility: We all know that volatility can be a trader's best friend. Doge has shown its ability to make wild swings, presenting ample opportunities for traders to profit. By going long on Doge, you can ride the waves of volatility and potentially maximize your gains.
Now, I know you're probably itching to take action and capitalize on this exciting opportunity. So, here's your call-to-action:
📣 Join the Doge revolution now and go long on Doge! 📣
Whether you're an experienced trader or just starting, this breakout presents a fantastic chance to make some serious gains. Don't miss out on the action!
Remember to conduct your own analysis, set your risk management strategies, and make informed decisions based on your trading goals. As always, it's crucial to stay updated with the latest market trends and news.
Grab your trading gear, brace yourself for an exhilarating ride, and let's go long on Doge together!
DC. Doge v2.The past bull cycle has shown how powerful social currents can be in crypto. DC-chain is designed to be a solution for involving smart contracts in the ecosystem. Is it so? Time will tell. At this point, if you buy DC, you either smart money or lose money. Given the risk/reward ratio, I prefer to have skin in the game.
The DOGE coin will be ready to explode this season!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Guys, I would like to share my thoughts regarding the DOGE coin!
On the chart I compared two accumulation zones, the zone that was in 2019-2021 and the zone that we see now, FOMO is already on its way, right?))
If you look at the accumulation zone that is located below, you can see traces of MM (Possibly Elon Musk) who for two years bought back coins a little at a time, while others could not stand it and simply left with HODL.
Now it seems to me that the same thing is happening, the coin has been in accumulation for 503 days and here, like in many alts, they simply force those who bought at the high to dump coins and wait for a rebound... My thoughts are that when strong euphoria sets in, meme tokens will not stand aside and we will see strong candles DOGE/FLOKI/SHIBA and even possibly PEPE)
In the meantime, I keep this coin for 4% of the deposit at a price of $0.08970 and perhaps I will average in the current zone)
Bitcoin - is the buyer's strength running out?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, so far you can tell by the arrow that yesterday’s bullish triangle worked 100%, but I did not hedge the SHORT position, since the entry point is close.
Locally, we again saw a run above $30,000, which was very good; perhaps those who were trying to quickly go short and place their stops just above $30K were not happy with the result, shaved off...
At the moment, technical: there are several important zones from which the price can rebound again and again: the support zone of $28,770-28,350 and $27,850.
But for me personally, since I hold a short position, the “trigger” will be to see the consolidation in the current range, then I will think differently guys, but now we can say that I’m just watching the chart with a cup of tea in my hands :)
Bitcoin is drawing a bearish pattern! What will happen next?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, another BTC chart only with the “Rising Wedge” pattern, it may not look so sexy, but there are clearly boundaries here and it can work out for a correction.
No, don’t think that now if I’m holding shorts, then I’m providing you with options that suit only me, no, that’s not true at all. Look at yesterday's BTC chart in my forecast, there I threw a chart with bullish signs and by the way they worked out well :)
Guys, the arrows on the chart are just my sketches, don’t take them to heart, because the price could go in a completely different scenario)
SYS - bullish engulfing of past shadow ahead!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
I found an interesting coin with increased volatility, priority on bullish absorption of the shadow, which is highlighted in red, you can try it with current values.
Plan for the deal
Input - 0.082/0.0810
Cancellation of the plan - going below 0 Fibonacci level (0.0777-0.0775)
Take - 0.0865, you can fix half and it is advisable to place a stop in a used one.
Guys, special attention! Don’t try to play with your shoulders, the coins are highly volatile, this can be seen from the chart, be careful)
Bitcoin - Get Ready for Another Movement!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, just like you, I was not prepared for such a development of events, although before that I wrote that volatility should be expected from all this news related to BTCETF... Well, they will give us fake information and take it so far, I honestly did not expect this see).
But there is also a downside to all this shit, I averaged out my short position and now it has become more comfortable to expect a correction, for now I am without a stop, and yes, with my risk management I can afford to do this at a distance)
Technical: after the takeout, the classic price is now forming a triangle; if you look at the junior TFs, you can say that this is a bullish sign, and in theory, all this consolidation in the range of $28,000-28,500 can lead to another run to $30K. But I am still inclined that the correction is already close and all this news related to BTCETF (locally) is to confuse people that there will be a correction at all. I wrote about this earlier). Please note that the graph is just a sketch
Globally, of course, if ETFs do approve, this news will of course be a strong positive on the market, I don’t argue with the guys, but for now this is just an excuse to attract our attention and drive us into courage) But we’ve already been through this and we know how behave in such situations
SUNUSDT|Get a long position!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The coin, after leaving the local downward channel, lingered in the bullish range, from where you can try to take a few percent, 1-2% of the deposit with a leverage of 2-3X.
Deal plan:
Entry - 0.00562/0.00555$
Stop - $0.005335
Take - 0.00586, fix 50-70% of the position, stop in used.
Guys, I described risk management and money management for you, you don’t need to fly headlong and take a large leverage and enter completely on deposit.
DOGE/USDTime to DCA Doge...
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Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
STRAXUSDT|Trying to buy back the fallHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
After a strong strait, you can try to enter Long with a small volume! 1-2% of the deposit with a leverage of 2-3X.
Deal plan:
Entrance - 0.908/888$
Stop - $827, taking into account the good there will be less stop!
Take - 0.987, fix 50% of the position, stop in used!
Guys, the coin is extremely volatile, be careful and follow your risk management!
PERLUSDT|Potential countertrend retest!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
If we consider a futures position, then we can try with a little good below. 1-3% of the deposit with a leverage of 3-5X.
Deal plan:
Entry - 0.1888/0.1820$
Stop - $0.1723
Take - 0.1990, remove 50% of profit, stop in used.
You can also consider a coin on spot, if you look at the 2D chart, you can see a counter-trend line from the maximum value of the coin to the current price, perhaps the price will soon retest this counter-trend line, +30% without leverage.
DEGOUSDT| Long position from the level!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
You can try to take a small Long on DEGO with a short stop loss, and the deal is allocated no more than 2-3% of the deposit with a leverage of 3-5X.
Deal plan:
Entrance - 1.332/1.325$
Stop - 1.3$
Take - 1.385, fix 50-60% of profit, transfer stop to used.
Guys, be careful, coins sometimes show increased volatility!
SPOT THE DIFFERENCE: Real vs RUG📈📉Hi Traders, Investors and Speculators of Charts📈📉
Hundreds if not thousands of new cryptocurrencies launch monthly. All with big promises of use case, flashing tech and a stock-standard wide mouthed YouTube guy telling you how high it will moon. With these new tokens and coins also comes many initial coin offerings (ICOs) that are often scams. The demand for these have grown, even despite the fact that many people get rugpulled. This mostly unregulated market makes for a perfect place to scam innocent people out of their money, with little consequences to the thieves.
With crypto scams rampant, it's easy to get mixed up in a scam coin whose ultimate goal is a liquidity drain (slow, stair-step bleed down). Here's my top advice to avoid diversifying into bad projects / scams:
- Research the team. Perhaps the single most important success factor for any ICO or cryptocurrency is the developers and administrative team behind the project. The cryptocurrency space is dominated by major names. For that reason, it's increasingly common for scammers to invent fake founders and biographies for their projects.
- Check the whitepaper, twitter account and website. You want to see the background, goals, strategy and timeline for implementation for any blockchain-related project. This can be incredibly revealing: companies that have a flashy website may reveal they lack a fundamentally sound concept. On the other hand, a company with a website containing spelling errors may que that they lack a professional and qualified team and the website was built by someone's cousin's brother.
- It it sounds too good to be true, it probably is. The idea of getting rich quick on an investment in a hot new project sure is tempting. Remember that projects sounding too good to be true , likely are. Spend time scrutinizing every detail, and assume that the absence of a piece of crucial information may be an attempt to hide an unsound model or concept.
- Note the name. I can't stress this enough. Baby Doge, Baby Shib, pizza coin, bulldog etc... These are all coins that are obviously meme coins and you can almost expect to be rugged if you buy into a coin with a weird or funny name.
Final Rule of thumb : Always be CAUTIOUS when investing in projects that have retraced more than 90% from its ATH.
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BINANCE:DOGEUSDT BINANCE:DOGEUSD BYBIT:BABYDOGEUSDT MEXC:BABYDOGEUSDT