Doge
DOGE Dogecoin Potential Retracement Soon After DOGE Dogecoin perfectly reached the price target:
Now, at an RSI exceeding 91, it seems we are currently in a bubble.
The previous correction following an RSI surpassing 90 was substantial.
Taking into account the Fib retracement tool, my anticipated price targets are $0.123 and $0.103.
DOGE - Bull Flag?Hello,
Looking at some bowtie style compression & expansion pairs in the yellow triangles... im curious how the relative size or position of the two influences the next move.
The pink arrow is what I come up with for now. 2nd Friday is a mini payday in the US matrix of virtual imprisonment, Elon talked yesterday, and its Spring!
Let's got for a run, Doge!
ETH Ethereum Possible Long Term OutlookETH looks just like Luna Classic before the drop in a massive rising wedge, kinda like SOL too before its dump to $20. Bearish divergence on the weekly. I dont know what would cause this drop but iI think ETH days are nearing an end. Its clunky and fees are too hard for the everyday person to use. Something will take its place or a tweak to the blockchain crashes the whole thing. Im not sure but i like to speculate on what the news will be to make the chart pattern do this. I saw this in the LUNA chart when it was at highs and people thought I was crazy when I said its going to under a dollar. Go back and look at it. Same thing with SOL I called the last top almost perfectly.
Also think of how many people stuck in staking if this happens, they wouldnt have time to get out. Ask yourself why institutional investors dont stake their ETH. :) Not financial advice just my opinion. Good luck out there.
#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.
LIKE, AND FOLLOW ME + THIS IDEA FOR CONSTANT UPDATES. THANK YOU
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.
🎁Please hit the like button and
🎁Leave a comment to support our team!
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