DOGE - $0.30 Next Target, Elliot Waves📉Hi Traders, Investors and Speculators of Charts📈
Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here):
The DOGE fractal I've been following has played out extremely well, and so I will continue to follow this fractal:
Since we have now completed Elliot Wave 2-3, we are seeing the corrective phase of 3-4. This means we have yet another impulse wave upwards to look forward to after the correction is completed.
Fibonacci Ratio is useful to measure the target of a wave’s move within an Elliott Wave structure. Different waves in an Elliott Wave structure relates to one another with Fibonacci Ratio.
Fibonacci Ratio Relationship
• Wave 2 is 50%, 61.8%, 76.4%, or 85.4% of wave 1
• Wave 3 is 161.8%, 200%, 261.8%, or 323.6% of wave 1-2
• Wave 4 is 14.6%, 23.6%, or 38.2% of wave 3 but no more than 50%
• There are three different ways to measure wave 5. First, wave 5 is inverse 123.6 – 161.8% retracement of wave 4. Second, wave 5 is equal to wave 1. Third, wave 5 is 61.8% of wave 1-3
Therefore, if wave 3-4 does not retrace beyond wave 1 our next target price is around 0.33:
The GOOD NEWS though, is that this could very well be a small part of a MARO cycle. I've previously explained that Elliot Waves can be like branches of broccoli - each wave makes up a part of a smaller or bigger wave, including ABC corrective waves in each impulse wave, as demonstrated by the front page chart.
Previous DOGE idea where we first look at the fractal:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
BINANCE:DOGEUSDT
Doge
$BTC bearish continuation#bitcoin price is declined hard from the top of the falling channel and 66600 #usd (getting more interesting) resistance zone. Now, #btc has weakened structure in short term.
Chart formed bearish head and shoulder pattern. I expect bearish continuation with choppy moves , dead cat bounces etc. The target may the bottom of the channel 57 - 58K zone. Also there' s nice liquidations there.
If #btcusd price follows this path, #altcoins will surely suffer more. When most of #altcoin prices retraces to their retest zone of 2023 October - 2024 march bull run, then i expect very favorable bounces from #alts there. We may see a minor #altseason when this happens. But i say "minor".
Not financial advice. DYOR.
Hold on DOGE, BTC going down!So… BTC is way over bought on lots of time frames, and is looking like a move down is inevitable.
Oh… and didnt the Halving just happen? Isnt that supposed to make BTC go to the moon???? oh wait… i remember the last having…. Buy the rumor sell the news! Im bearish AF on BTC.
Oh.. and I LOVE DOGE…. Heck, its the one coin that assimilates to man’s best friend… Dog’s show us unconditional love. Let’s do the same fo DOGE coin, and sure, the bearish pressure on BTC will result in people selling and moving to DOGE. Sit, Stay, Good Boy!
DOGE/USDT Trading ScenarioBelow is a scenario for the price movement of DOGE.
After an impulsive rise in the price chart from $0.08418 to $0.22721, which amounted to more than a 171% increase, resistance formed at the level of $0.22721. Under this level, the asset is trading on increased volumes.
Currently, the asset is trading at $0.16156, exceeding the Point of Control level that the price chart falsely broke through. Yet the price continues to hold above it.
We can expect continued interest from traders and movement towards the resistance level at $0.22721. If the resistance level is overcome and maintained above, we can expect further growth.
💎 DogeCoin (DOGE) - More Bullish? Let's see! (READ THE CAPTION)By checking the #DogeCoin chart in the weekly time frame (logarithmic), we see that the price is trading with more than 10% growth in the range of 16 cents, and by maintaining the support of the $0.124 range, we can expect the price to grow to higher targets! The price targets are $0.229, $0.35, $0.374 and $0.75 respectively! The expected yield of this cryptocurrency in the long term is above 300%!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Decentralization-- DOGEAltcoin temporarily halted its decline as BTC began to rebound, but many tokens are still below their prices half a month ago. Among all tokens, we discovered an interesting phenomenon. As a meme coin, DOGE's performance in April was stronger than most other tokens, close to BTC. As we all know, meme coin is not supported by the any protocols, but more by the consensus of the community. So when this happens, we guess that as an early meme and has reached the total supply, DOGE’s attributes are close to BTC. Relatively pure utility and high decentralization bring about price following for BTC.
Judging from the indicators, DOGE has adjusted for three months after experiencing the first round of gains. And like most memes on the market, it started to rise again at the end of February. Just as the TSB indicator prompted a BUY signal on February 21, DOGE started a bull trend. During the rise, DOGE remained above the wavy zone, and bulls strengthened when the bar touched the key wavy line. DOGE currently continues to maintain a bullish trend.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
DOGE - Higher lows, and off we go!Hello! Consistent higher lows over the past 4 days.. that feels bullish! Looking for a retest of resistance around $.20…. And then the fun starts!
Let’s go DOGE!
Oh… dont mind BTC going over the edge of a cliff on the bottom right…. That should result in a massive move over to the coin of LOVE (doge) as everyone realizes the “buy the rumor, sell the news” applies to BTC halving, and the Blackrock ETF news… So im ready for a massive correction in BTC, an the prophecy says that will yield a tidal wave of crypto traders moving to DOGE.
DOGE: If break 0.1588tradingview
📊Analysis by AhmadArz:
🔍Entry: 0.1588
🛑Stop Loss: 0.1615
🎯Take Profit: 0.1565
-0.1529
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#DOGE\USDT#DOGE
The price is moving in a downward trend on a 1-hour frame.
The price is moving within it and is largely committed to it. We have a tendency to stabilize above Moving Average 100.
We have a downtrend on the RSI indicator that supports the rise and has been broken to the upside
Entry price is 0.1540
The first target is 0.1623
The second goal is 0.1773
the third goal is 0.1900
LRC LOOPRING, IS THERE A PATH TO .75 I mean, yes.
But it is low probability that it happens or even happens as shown.
So the reason for the projection line, is to show how it "could" dip into the buy zone and potentially below allowing for a spring.
It doesn't need to happen this way, but essentially these low price targets hitting would be good for an upside move.
There are two short term trends, one of which just broke.
The other is mid level support and can easily break in a "flash crash" situation, which then could easily see our low side numbers in the near future.
Whatever is happening in crypto is happening soon, it will be fast, and if it is a massive dip, then the upside can be huge.
Again, it's a matter of will the low price targets hit before the high price targets.
I wish I had a for sure answer, but I don't.
I have a guess, based on what I see chart wise, and it shows the buy zone hitting first (low side targets) which then springs us right back to where we are currently, and allows the steep climb up to the major rejection area.
Summary,
MOSTLY A CHART UPDATE to reflect some of the price movement.
A potential path (guideline) don't follow, it's just a guess at best.
Follow the price targets (horizontal) and trends.
The last green trend is quite strong, and that also leads right to the buy zone.
Why is it important.
Current price to buy zone will lose you nearly 40%.
Buy zone down to .1492 means that anything over .3 is 100%.
It allows you a LOT of wiggle room.
Again, everyone has a different strategy, and it's best to stick to yours.
So, buying loopring to trade, you're holding off on this trend break, imo. The risk is high.
Buying loopring to hodl, then you're probably going to slowly add more and more as the price targets on the downside start to hit.
BUT WHAT IF IT GOES UP FIRST?
Then if you're bullish on LOOP, you're probably already holding some, and you'll see profits. Congrats.
If you're trading and miss some upside, there are like +700 other alt coins and thousands of stocks, you'll find the same percentage gain somewhere else. Don't chase to all time high and lose, when you can easily find another trade. BUT ALSO, watch for a spring on the low targets.
Dogehello, im not happy because airplanes are trowing things in the sky.
Doge will reach 0.25$ , if we use Elliot waves patter, on the weekly chart, we can see how we are in 4 leg.
there are some videos in internat that says will reach 10$, for me 1$ will be amazing.
one guy said he bought doge at 0.0004$ but he is playing around, he is lier..., when doge was 0.70$ he mudt have 8MILLION$ BUT, he has nothing...
keep working in your selfe, be carefull with the apples of wisom.
DOGE DailyWell, here we go!
Green trace is new today… I’ve been looking for a more neutral, sideways projection to show up.. and this feels pretty good, in contrast to the potential bearish moves in pink and red.
The daily candle RSI is already reset, and i would anticipate a bullish cross in the MACD up top to confirm, but i do believe we established a pretty long wick on that last foot, for a bullish leg up to at least the $.20 area, where we see a cluster of resistance levels., including that white dashed line. I dont recall drawing that one, or coding it boldly like that, but, that’s usually when i see something significant while very stoned… a not to normal self, to pay attention to it. So, keep that in mind. There is a discrete, yet somewhat evolving system to my art work. Solid lines ar formed as support, and will become resistance. dotted lines are formed by overhead resistance, and become support.
When matching the projections, we look for signature moves, and then align the compression & expansion patterns on each level of the trace within the new levels.
there is a foreground and background projection on each level. It pops into 3D eventually… So, if we are counting peaks, i go back 2 to find the most relevant projections.
This is a fractal situation also… the projections grow, and the very first motion of any new level, shows us (tiny) wha the whole level will look like (macro).
May all beings be happy and free!
Go Doge go!
DOGE Building Pressure To MoonMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here DOGE has not fully mooned yet there is still time to buy on DIPS . The ALTCOIN market has just hit a critical level in this bullish structure and dips are buys, when these dips happen DOGE can start its move higher . This needs to be watched carefully.
DOGE To The MOON
Please watch the video for more information
Dogecoin (DOGE): Zoom Out and hop on the next Big Move!Starting with Dogecoin on the Monthly Chart, we're observing a potentially lucrative opportunity. The subordinate Wave ((iii)) has completed at the precise 161.8% extension level, and it appears that Wave ((iv)) has concluded within the 38.52% retracement range. A notable detail is the wick of the current monthly candlestick reaching down to close the Fair-Value-Gap on the Monthly Chart, suggesting a robust and effective market response. Given these developments, our expectation is that there won't be further significant dips below this level.
Looking at Dogecoin on the Daily chart, we observe a significant Demand Zone which we believe should be respected if tested another time. We choose not to zoom in further as the range appears quite defined to us.
We are placing our stop-loss just below this touched and thoroughly respected Demand Zone. If we repeatedly enter and "cut" through this zone, we might consider exiting the position prematurely. However, unless that happens, we plan to maintain our position.
Our minimum target is the level of the previous All-Time-High. We anticipate breaking the local daily chart high of $0.23, aiming for higher levels as part of our ongoing trading strategy.
Potential DOGE - BTC divergence.Hello,
Looking at the 4 hr candle, i notice that BTC just printed a lower Low, while DOGE printed a higher low…. Which could signal that this level is a bearish continuation for BTC, and that wea re competing a reversal off of the long wick to $.13 for DOGE.
IS this when the prophecy becomes realized? The massive all time bump of BTC and move to DOGE?
Doge path to $.24Hello,
This is the view of Doge today... showing a fresh bullish and bearish forecast on the 99 minute candle. Depending where we start counting our wave from the first or second peak, we could be at teh bottom, and would follow the purple trace up now, or we could be at the mid level and need one more move down before the next bullish motive wave. this is from my understanding and observations of the movements that Elliot appears to be describing in his wave counts. the inherent structure of the head and shoulder, made level reversal diaganol, and then inverse head and shoulders, being the subset fractal to every leg of a lager version of this pattern.
{
/
}
\
{
/
}
\
{
see how that whole patter makes a {
that is our fractal... and its in 3D like a perspective drawing... tiniest amplitudes in the back. the vanishing point being the reversal.
Anyhow, I do love DOGE, and am excited for its potential as a tribe built on love... thats the only difference I see between any of the coins... all digital nonsense... and then everyone jus loves this one.... hmmm. love, not fear is the future fro humanity. let's go DOGE!