Dogecoin
DOGE | ALTCOINS | All Time High NOT YET INDoge, together with other alts such as ETH and SOL have not yet made a new high that is justified according to the increases on BTC. After a 45% correction over 2 weeks, DOGE is likely ready for another push up.
This reminds me much of the previous cycle, where alts lagged behind until a few weeks AFTER BTC actually topped out.
Here, you can find much more detail on how to watch the BTC.D chart to call the top:
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BINANCE:DOGEUSDT CRYPTOCAP:TOTAL3
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Doge Top using Bitcoin correlation!As you all can see doge is deeply correlated to btc behavior. I will personally take profits once bitcoin seems toppy. We still got time as you can see how surprisingly last two cycles bull markets took exactly 793 days of duration (green histogram). This cycle should end by august 2025, so expect both doge and bitcoin tops before that date. Cheers
Doge daily LMACD signal line bellow 0!This sharp declined in the price of doge has made the signal line(blue) dip bellow the 0 line which means a bearish trend in the short term or a sideways move. This a really good time to load coins up. The next target is 1 dollar and then we might get to 5. Keep a close eye on the signal line going above 0 again to expect the 1 dollar level.
Be prepared to scoop like a maniac!As you can see the price chart on doge this cycle is pretty similar to the last one so far. After going up to the first pause of the cycle around the 0.786 fib level price corrected to the 0.618 fib level. If this time happens something similar make sure to get in big around the 26 cents if this idea proves right.
The World Revolves Around How Easy it is to Borrow MoneyAnd Doge is no exception. Doge jumped 400% in a single day immediately after the January 2021 fed meetings concluded. Was it every American dumping their stimulus check (from a month prior, lol) into Doge as we've heard so many times before ? Absolutely not. We are just riding the wave of big money playing musical chairs. Pray that the Fed doesn't pivot next week.
Breakout of 3 year downtrend/accumulation is due to be retested and the sooner the better if you compare how things went in 2016 vs 2020.
My guess for the pivot point is .31337.
31337 = leet. iykyk
DOGE is Still Bullish DOGE/USDT #DOGE #DOGEUSDT Let's look at our DOGE Weekly chart . And don't worry - that pullback just took us to the bottom of one of our Gann Fan lines and we should be fine to continue on up . Those colorful lines are called a Gann Fan and as you can see the lines are slanted upwards , and also DOGE is more or less following the bounds of the Gann line that it is in right now. See where that black arrow is pointing ? That is basically the support of that purple colored Gann line that we are in - and we basically came right down to touch it at roughly .35 cents . If we now continue back up inside this purple colored Gann line then the top of this channel would take us over .50 cents , as you see it says on the chart . If we break above there into the light blue line we could go much higher and I will do another chart when that happens . NFA . Remember pullbacks and volatility does happen in any uptrend but our structure still favors upside
10.12.2024 - DogeComparison of the current situation on Doge to what Doge did during the previous bull market.
The current possible scenario is a drop to around 32-34 cents. Then, a strong rally to around 52-53 cents (the 68.8 Fibonacci level of the global swing from the peak of the previous bull market to the bottom), followed by another significant drop to around 25 cents
Dogecoin at $0.402: Sit, Stay, or Fetch the Moon?Dogecoin is currently trading around a key support level at $0.40, with the market poised for its next major move. This level will likely play a crucial role in determining the short-term trend, as the balance between buyers and sellers tightens.
A dip toward $0.394 followed by a strong recovery could signal that bullish sentiment remains intact, with buyers likely targeting higher resistance level (Dashed Green Projection).
A break above the $0.432 mark would confirm a shift in momentum, opening the door to further upside toward the critical resistance at $0.485 and possibly beyond (Solid Green Projection).
Conversely, a failure to hold the $0.394 support may indicate weakness, increasing the probability of a deeper decline. In this case, the next significant support lies around $0.374, and a breach of this zone could accelerate bearish pressure, pushing prices closer to $0.342 (Red Projection).
DOGE FIBDogecoin cannot sustain the daily close above .36 so next level on the fib is .32 which is a crucial point of support. Still floating under the trendline on the RSI. MACD starting to trend under which means potential bearish signals. Keeping eye on this, and waiting to see what happens with community and team.
$DOGEHello Shibs, hope you still HODL Dogecoin. Thi the accumulation part, market correcting itself for another run. Bitcoin also down today, keep that in mind. A crucial support level I’m looking at is .35 to close above in the daily. If that breaks buckle up, and HODL.
Dogecoin was recently attacked, and hacked. “Exploited a vulnerability called “DogeReaper” crashing 69% of nodes. A fix was quickly deployed, and network’s functionality was not severely impacted.” Which makes me to believe a lot of people are panic selling. How could you sell DOGE? It’s literally the Department of Goverment Effeciency!!
Anyways, don’t panic sell. DOGE TO DA MOON!
Bitcoin 30% correction Warning Extreme Greed 🔸Hello traders, today let's review 8hour price chart for BTCUSD and potential reversal zones. This market is maxed out already / overheated. I'm expecting a 30% correction into end of January 2025 🆘.
🔸All the positive mid-term catalysts are already priced in the current market price, there are no further catalysts until DJT Inaguration. Therefore, expecting 30% correction based on extreme greed conditions.
🔸Recommended strategy for position traders: Short sell at market, SL
at recent high, TP1 80 000 USD TP2 75 000 USD. swing trade setup so
naturally takes more time to complete. Bulls should exit the market and wait for a better entry price later in January 2025.
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In depth #Dogecoin price movement basing on previous history (2)Dogecoin's Post-Bitcoin Halving Trend: A December-January Surge
This is the update to my BINANCE:DOGEUSD analysis from 2nd December 2024
Dogecoin's price movements have always intrigued traders and investors alike. Upon analyzing historical data,I have uncovered a fascinating and repetitive pattern: Dogecoin tends to experience significant price increases in December of the same year as a Bitcoin halving and January of the following year.
Key Observations
Bitcoin Halving Events:
These occur approximately every four years and historically impact the entire cryptocurrency market by reducing Bitcoin’s mining rewards, creating supply scarcity.
Halving years: 2016, 2020, and the upcoming 2024.
Conclusion:
The 2024 Bitcoin halving, which occurred in April, sets the stage for potential bullish activity in Dogecoin during December 2024 and January 2025. Traders and investors should monitor Dogecoin’s performance closely during this period for opportunities.
Trading Tips:
Track Dogecoin price trends and market sentiment in the weeks leading up to December.
Watch for volume spikes and social media activity, which often signal Dogecoin rallies.
Combine historical data with technical indicators to make informed decisions.