Doge
Doge and a long position potential!hello guys!
as you requested let's start to analyze #doge!
Doge made sharp movements before forming a triangle!
on the triangle pattern, it made a head and shoulders pattern and formed a trendline there!
the target of the pattern is touched already! but if the price breaks up the top line of the triangle you can enjoy the long position as well!
the target of the long position is $0.48
DOGE Soars 1900% Gains at 10x Lev in Just Days!DOGEUSDT Trade Overview:
DOGE surged to incredible heights, delivering an astounding 1900% gain at 10x leverage. On the 4-hour timeframe, this long trade setup effortlessly achieved all targets, showcasing the power of the Risological trading system.
Key Levels:
TP1: 0.16661 ✅
TP2: 0.18170 ✅
TP3: 0.19679 ✅
TP4: 0.20612 ✅
Technical Analysis:
The entry point at 0.15728 was confirmed as DOGE displayed clear bullish momentum by breaking above the Risological Swing Trader . The continuation of the trend was supported by consistent volume and a strong upward trajectory, giving traders ample time to maximize gains.
Each target was systematically reached, with the final push breaking above TP4 and providing an exceptional profit for those holding their positions. The Risological system's ability to pinpoint entry, exit, and stop-loss levels precisely contributed to this massive success.
Will Dogecoin's Price Soar Again with a 36,000% Rally in 2021?## Dogecoin's Next Bull Run: A Technical Analysis
Dogecoin (DOGE), the cryptocurrency that began as a joke, has shown remarkable resilience and growth over the years. After a meteoric rise in 2021, DOGE experienced a significant correction. However, recent technical analysis suggests that the coin may be poised for another substantial rally.
**The Pennant Formation**
A pennant formation is a bullish technical pattern that often precedes a significant price breakout. It's characterized by a period of consolidation within a narrowing price range, followed by a sharp upward movement.
Technical analysts believe that Dogecoin has formed a pennant pattern on its chart. This pattern, combined with other bullish indicators, suggests that DOGE could be ready to break out and potentially retest its all-time high or even surpass it.
**Factors Fueling Dogecoin's Potential Rally**
Several factors could contribute to Dogecoin's potential rally:
1. **Elon Musk's Influence:** Elon Musk, the CEO of Tesla and SpaceX, has been a vocal supporter of Dogecoin. His tweets and endorsements have often led to significant price surges. Any positive news or actions related to Dogecoin from Musk could trigger a buying frenzy.
2. **Memecoin Mania:** Dogecoin, as one of the original memecoins, benefits from the overall popularity of memecoins. The recent success of other memecoins has renewed interest in Dogecoin and could drive its price higher.
3. **Growing Community and Adoption:** The Dogecoin community continues to grow, with increasing numbers of people using the coin for transactions and tipping. As adoption grows, so does the demand for Dogecoin.
4. **Exchange Listings and Institutional Interest:** More and more cryptocurrency exchanges are listing Dogecoin, making it easier for investors to buy and sell the coin. Additionally, some institutional investors have expressed interest in Dogecoin, which could further fuel its price appreciation.
**Potential Risks and Challenges**
While the technical analysis and bullish sentiment are promising, it's important to acknowledge the risks and challenges associated with investing in cryptocurrencies:
1. **Market Volatility:** The cryptocurrency market is highly volatile, and Dogecoin's price can fluctuate significantly in a short period.
2. **Regulatory Uncertainty:** Regulatory uncertainty can impact the price of cryptocurrencies. Changes in regulations can create volatility and uncertainty in the market.
3. **Competition from Other Memecoins:** The emergence of new memecoins could divert attention and investment away from Dogecoin.
4. **Technical Issues:** Technical issues with the Dogecoin network could negatively impact its performance and price.
**Conclusion**
Dogecoin's potential for a significant price rally is fueled by a combination of technical analysis, strong community support, and the influence of key figures like Elon Musk. However, it's crucial to approach any investment in Dogecoin with caution and a long-term perspective. As with any investment, it's essential to conduct thorough research and consider consulting with a financial advisor.
STELLAR and DOGECOIN_chartsThe similarity between Dogecoin's run up and the current trend of XLM is quite similar leading me to see the price of Stellar holding up to the position current on the chart, that is if the similarity between both charts is an example of what happens among many other theories on price and targets.
Doge breaking out of H4 ChartLooking for a long to the 1.618 off the recent high swing low. PA is trying to break H4 structure to the north. Price action is trading above the 50 sma. Price is currently trading above H4 resistance. roughly 25% return if doge can squeak out 50 cents. Green line is my entry. Stoploss is around .389000
NFA, Do your own DD.
Thanks for viewing the idea.
Doge Gov Bull Flag Formed on 12H Candle - PT $1 on1.618 FibWe have a particularly bullish pattern forming on the 12H candles and it matches my previous analysis on the 1.618 Fib Target of $1.08 (article linked below).
When multiple trading patterns emerge, the breakout move becomes more assured.
We now have two powerful trading singles 1.618 and Bull Flag confirming next upside price target of $1.
Enjoy Frens
#DOGE/USDT Ready to go up#DOGE
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.3770
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.3900
First target 0.4000
Second target 0.4119
Third target 0.4259
DOGE Consolidating at the 50.00% FIB
Hello dear memecoin degens! What a wonderful run from DOGE, the king of meme coins. I hope you're enjoying this!
Looking at the daily time frame, DOGE is consolidating around the 50.00% all-time Fibonacci level. It appears that the price may be forming a bull flag at this level, suggesting a potential breakout in favor of the bulls. However, nothing is certain until it actually happens.
For now, we wait for the price to make its move and simply follow along, just as we did on November 4th when I posted my idea about DOGE at the 78.60% Fib level (if you entered there, it would have been a great trade!). The system remains in a long trade, so for now, we have to wait for it to flip short before considering taking profits. Until then, we watch the action unfold.
Thank you for reading, and feel free to boost or comment.
Happy trading!
DOGE Forming a Flag Pattern: Major Price Shift Incoming!DOGE positioning its current price range between $0.341 and $0.433. It's still overall same as yesterday range analysis. make sure you understand key level for doge as now forming flag pattern on the chart
🔑 Key Observations:
❗ Breakout from flag pattern could indicate big movement to DOGE
1️⃣ Above $0.433: Valid breakout at this level? Doge is expected to maintain its upward momentum. ⭐️⚡️
2️⃣ Below $0.341: A break below this threshold could trigger a move toward the nearest support zone, marked in blue on the chart.
Stay alert to these key levels and trends to optimize your trading strategy.
Follow for regular updates! ✅
Measured move for DOGE? Or more crabbing/fakeouts?The more I look over the DOGE charts, the more of a DOGE bull I become!
This looks like it's winding up very nicely into a bull pendant- a much more predictable bull pendant than any of the weird crap the BTC perps chart keeps throwing out.
It's almost like there are government/enterprise traders who know exactly how far they need to dither each candle to shake out retail traders, just in time for more ETF news...
I'm liking DOGE a lot more.
Doge → a quick analysishello guys!
Doge is so bullish in the high time frame!
but in a lower time frame, it formed a triangle pattern! a symmetrical one!
so if the price breaks down the triangle's bottom line we can get a short position toward $0.31!
but if the top line will broken then add more volume to your long position!
however, the blue area has a significant potential for getting a long position too!
let's see what is the Doge's purpose!
$DOGE/USDT: Bullish Breakout with High Potential!$DOGE/USDT: Long Setup 🚀
DOGE has broken out of a symmetrical triangle pattern after consolidating near a key support zone. The price is now trading above the 50 EMA on the 1-hour timeframe, indicating a shift in momentum toward bullish territory. With strong volume supporting the breakout, DOGE looks primed for an upward move. 📈
📌 Entry Point: CMP (~$0.388) 📈 Add-on Zones: $0.37–$0.34 for potential pullbacks. 🎯 Targets:
$0.44
$0.52
$0.68 (Major Target)
⛔️ Stop Loss: $0.34 to manage downside risk. ⚖️ Leverage Advice: Use 2x–5x leverage for risk-optimized trades.
#DOGE #Crypto #AltcoinSeason
DOGE at a Crossroads – Four Scenarios to WatchHey trading family, let’s break down what’s happening with DOGE. Right now, the chart is setting up for some key moves, and here are the four scenarios I’m watching:
Break above $0.38: If this happens, DOGE could push to $0.43 and then test the $0.50 zone.
Break lower on the 4-hour: A retest of the $0.34-$0.33 zone is likely.
$0.34-$0.33 fails to hold: We could see DOGE correct further to $0.27-$0.25.
This is a make-or-break moment for DOGE. What’s your plan if we pump or if we pull back? Let’s trade smart and stick to the plan.
Like, comment, and share your thoughts! Got your own ideas or questions? Send me a DM – I’d love to hear from you.
Mindbloome Trading // Kris
Trade What You See.
Is Dogecoin's Breakout from the Falling Wedge Pattern Bullish ?Dogecoin (DOGE), the meme coin with a loyal following, has recently shown promising signs of a potential bullish breakout. Technical analysts have identified a classic falling wedge pattern forming on the DOGE/USDT chart, which, if broken, could signal a significant price surge.
What is a Falling Wedge Pattern?
A falling wedge is a bearish reversal pattern characterized by converging trendlines that slope downward. The pattern typically forms during a downtrend and indicates a potential reversal to the upside. As the price action narrows within the wedge, the likelihood of a breakout increases.
Technical Analysis of Dogecoin
Technical analysts have been closely monitoring Dogecoin's price action and have observed the formation of a falling wedge pattern. The pattern suggests that the selling pressure is weakening, and a bullish reversal may be imminent.
• Key Support and Resistance Levels:
o A break above the upper trendline of the falling wedge could trigger a significant upward move.
o The 50-day and 200-day moving averages could provide additional support levels.
• Relative Strength Index (RSI):
o The RSI is a momentum indicator that can help identify overbought and oversold conditions.
o A reading above 50 suggests bullish momentum, while a reading below 50 indicates bearish momentum.
o A rising RSI within the falling wedge can signal a potential bullish divergence, further supporting the idea of a breakout.
There is a bullish outlook on Dogecoin with a potential for a successful breakout from the falling wedge pattern could propel DOGE's price.
Factors Driving Dogecoin's Potential Upward Movement
Several factors could contribute to Dogecoin's potential price surge:
• Strong Community Support: Dogecoin has a dedicated and passionate community that actively promotes the coin and supports its development.
• Increased Adoption: As more merchants and businesses start accepting Dogecoin as a form of payment, it could lead to increased demand and higher prices.
• Positive Sentiment: Positive news and social media buzz can significantly impact Dogecoin's price.
• Technical Breakout: A successful breakout from the falling wedge pattern could attract more buyers and trigger a price rally.
Conclusion
While Dogecoin's future price movement is uncertain, the formation of a falling wedge pattern and the positive sentiment surrounding the coin suggest a potential bullish outlook. Investors should conduct their own research and consider consulting with a financial advisor before making any investment decisions.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Cryptocurrency investments are highly volatile and involve significant risk. It is important to do your own research and consult with a financial advisor before making any investment decisions.
Dogecoin DOGE Is About To Hit All Time High!Hello, Skyrexians!
Today we have the analysis of the king of the meme coins BINANCE:DOGEUSDT which has much better performance than all fundamental crypto assets. This happened because of lack of people holding this coin. Last month was hot for Dogecoin and it looks super bullish. When it breaks ATH and what is the target for current bull run?
Let's take a look at the weekly time frame. Previous bull run, in our assumption, was the wave 1 of the super cycle. After that price retraced to 0.38 Fibonacci level in wave 2. It means that this asset is strong, because most of assets reach 0.618 in wave 2. Inside this support zone 3 green dots has been printed by Bullish/Bearish Reversal Bar Indicator . This is very strong reversal sign and the last one triggered the new bullish wave.
This huge rapid growth is the global wave 3. This wave will break ATH in December 2024. Final targets for this wave are 1.61 and 2.61 Fibonacci extension at $1.3 and $2.1.
Best regards,
Skyrexio Team
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