DOGE is interesting here…DOGE / USDT
Price reaction is interesting here as Bulls showed strength above KEY S/R
As long as we held above this key level the bullish structure for DOGE is still intact
Dogecoin
DOGEUSDT#DOGE CRYPTOCAP:DOGE has formed a very promising chart pattern for us. It has broken the downtrend resistance, confirming the bullish momentum. One of the best indicators, TD Sequential, has given a bullish signal after a long time. The first target appears to be fib 0.78, followed by fib 1, and beyond that, we can confidently say "fasten your seatbelts.
Dogecoin Eyes Support, Can Bulls Regroup?Dogecoin (DOGE) has been under pressure recently, but a technical indicator suggests it may have found short-term support. On a 4-hour timeframe , DOGE found potential support at $0.1423 . This could be a sign that buyers are stepping in and could indicate a potential bounce in the near future.
However, there's still resistance ahead for DOGE at $0.1532 . If bulls can't overcome this hurdle, the recent downward trend could continue. The key question for traders is whether the support at $0.1423 will hold on shorter timeframes. A break below this level could signal further weakness for DOGE.
DYOR before step in.
💎 BITCOIN (BTC) : First SHORT , Then LONG (READ THE CAPTION)Upon reviewing the Bitcoin chart on a weekly (logarithmic) timeframe, we observe that the price is trading around $61,200. It might penetrate below $59,500 to gather more liquidity! Let’s examine the scenarios together: if the price stabilizes and closes below $59,500, we may see a further decline, possibly even a correction in Bitcoin down to $53,210. This would be the first attractive demand zone. The second appealing buying range would be between $38,600 and $43,000, which you should keep an eye on! Note that Bitcoin corrections are buying opportunities for those who missed out on the previous upward trend. The medium-term targets for Bitcoin are, in order, $77,000, $85,000, and $100,000.
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💎 GTAI/USDT : More Bullish ? +37% so far ! (READ THE CAPTION)By checking the GTAI/USDT chart, we can see that the price entered the range of our desired demand zone ($1.60 to $1.77) and after that the price increased to $2.36 with a 37% growth! Now, the price is trading in the range of $1.83, by stabilizing the price above the specified demand range, we can expect the growth of this cryptocurrency again! The expected yield in the short term is between 20% to 50%!
THE MAIN ANALYSIS :
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DOGE 4-5 SetupDOGE reached its peak in wave 3 in May 2021 and likely hit the bottom of wave 4 in June 2022. However, due to the ongoing corrective downtrend, a reset in wave 4 might occur. The overall expectation is for an upcoming upward movement in wave 5. It is recommended to gradually enter positions at support levels and exit at resistance areas.
LRC, SONIC THE SEQUEL (LOOPRING) Here it is!!
Price targets (sell targets) red/light red
Two current trends that are fairly major, which were on the old chart.
Parabolic curve meaning short term movement which can really pull the price in some crazy directions.
However, be careful because I currently can't find a real number over 71 and I more real, 54 or so, which aligns with the trends and creates a nice pullback opportunity to retrace the price down to .2
Here is the thing, on the 4h we have a favorable buy with RSI and a number of indicators. However, on almost every other chart, the buy signal is bullish but overvalued, meaning, things are coming to a conclusion from this runup. The question is, did we see the final impulse to the rejection trend and now we need to head down and confirm support or will we see another impulse up and over trend taking us right to .79 and it can easily melt up higher from there.
A new chart would be needed should we start pushing higher targets, overextending trends and all that fun stuff.
I think there is potential with the coin, but I also think Dogecoin is better as a long term hold, along with ETH and BTC. However, like I said, there are lots of great things to buy but also remember, we just say an over 100% gain in a short period of time, which is A LOT, but not always a lot for crypto due to how fast the market moves since covid.
So what does all of the above mean? Be careful buying this coin because there is downside showing on multiple charts and we are topping out, however, be greedy because there will be up and down movement and chances to make money, exit at profit, limit losses... whatever your trading style is, follow that. Unless you just lose all the time, then try something different haha.
Final
Short term: BEARISH PROJECTION
MID/SHORT TERM: BULLISH
MID TERM: eh, idk, probably bearish
LONG TERM: BEARISH until confirming some price targets on the top side (new) or low side (old)
LONGEST TERM: IF GME, big. IF not, RIP.
DOGE dogecoinLooks like we are coming down from the first phase of a grand elliott wave scheme. Only showing this chart here, object lesson applies to many but not all.
DOGE: wait📊Analysis by AhmadArz:
🔍Entry: 0.1476
🛑Stop Loss: 0.1429
🎯Take Profit: 0.1522 -0.1564 -0.16
🔗"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."
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Rebound or Breakdown?Dogecoin is exhibiting a downward trend within a well-defined descending channel, bounded by dynamic resistance and support lines. This channel formation highlights key levels for potential trend reversals and continuation.
The price has reached the lower Bollinger Band, which often acts as an area of potential support. This proximity to the lower band could indicate a potential oversold state, warranting attention for a bullish reversal signal.
Trading volume stands at 27.3 million, which is critical to validate any potential trend reversal. An increase in volume, particularly on upward price movements, would suggest strengthening of the market's bullish sentiment.
The current price is trailing below the SMA value of $0.14735, suggesting that bearish momentum is prevailing in the short-term view.
The MACD line is below the signal line with a negative histogram value, but the convergence of these lines may be indicative of waning bearish momentum.
The %K and %D lines are in the oversold region, which can precede a potential price reversal if buyers enter the market.
With an RSI figure nearing the oversold threshold at 32, there's room to anticipate a bullish reversal should the market sentiment pivot.
The immediate support level is at the ascending dynamic support line, approximately around $0.14. Conversely, the dynamic resistance line and upper Bollinger Band near $0.158 are likely to act as the immediate resistance levels.
Traders should monitor for bullish reversal patterns as the price tests the lower Bollinger Band and other oversold conditions. A confirmation of trend reversal would ideally be accompanied by an increase in trading volume. For those looking to take advantage of a potential bullish scenario, entry points may present themselves upon a decisive breakout from current levels. Keep in mind that any upward movement will face resistance at the upper levels defined by the descending channel.
While the current bias remains bearish due to the price action within the descending channel, indicators such as RSI and Stochastic Oscillator suggest a potential shift in momentum. Caution should be exercised as the market decides its next move at these critical support levels.
Doge Going Down?
It seems that we have broken under a major diagonal support line.
50, 200 SMA is pointing down. We're currently under these SMAs.
Next major support is 0.1425 then 0.13
Short Term Price Action SentimentHey again! Earlier I posted about #APEWIFHAT on whether I believed it will rise or not. Im also posting these so that others can discover this hidden GEM before it takes off in the bull run. For reference, the trend line and support line are both from the 4HR Timeframe. The blue resistance level is from the 1HR Timeframe. I added direction bias for both sides of the action for this post.
In the short term, I believe we will have retracement to the support zone and maybe a little bit of consolidation there. It could completely skip retracing to support, but I doubt it. So if it does, I will just BUY more.
On the flip side it could ignore the support level like I said and then rise above the 1HR resistance level, have a slight pullback to make that same level support, then go on to test the 4HR Trend resistance.
My Long Term Bias is SUPER BULLISH
Whether it goes up or down, I will still be in it.
Community is STRONG so I'm Holding.
What's your thoughts on #apewifhat meme coin?
apewifhat.net
#memecoin #solano
I don't see anyone else posting about ApeWifhat so I will!For starters my overall sentiment is bullish. I am a holder, but I'm not biased. If it never rises, I will be fine. Now to my analysis...
This is a fairly new project that launched in March. It's currently consolidating but it had a strong bullish uprise then found its first all time low. Its currently in a downtrend and has found a solid area of support as indicated on the chart. We are possibly going to retest it soon but if we don't, than we may be in for a moon ride. Ive indicated a simple trend and support from the 4hr timeframe, which I think is crucial for predicting this so early. I think everyone should grab them some of this memecoin before all of the big whales come along and takeover. Just like they did with the others.
I will post more on Ape Wif Hat soon but for today I kept it short and sweet because I had to get the party started.
*Ps The community is big, strong, and active just like an Ape. Amazing team and project here with no false utility agenda. These are RARE!
#apewifhat #memecoin
apewifhat.net
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:
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CryptoCheck
BINANCE:DOGEUSDT
💎 GTAI/USDT : Another Bullrun ahead ? By checking the GTAI/USDT chart, we can see that the price increased by more than 20% after last week's analysis, and then started to price correction again! Watch the demand range of $1.60 to $1.77 for re-entry!
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 !
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Dogecoin (DOGUSD) video ideaEASYMARKETS:DOGUSD
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DOGEUSD | ABC Wave Cup Pattern - Target Projection +120%A potential ABC - Cup pattern formation scenario
TFW - current multiple falsebreak below 161.8% extension - a sideway / sideway down movement implication
> RSI convergence signal supporting wave 3 status
> Projecting wave 4 at rounding cup support level, possible 20 week moving average and 100% fibonacci support zone.
> Targeting wave 5 at 361.8% fibonacci extension of A wave at the key liquidity resistance level + 120% profit.
Always trade with affordable risk and respect your stoploss
Goodluck
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.
💎 BITCOIN (BTC) : Weekly analysis , going for $100K ? (READ)By checking the #Bitcoin chart in the weekly time frame (logarithmic), we see that after the price dropped to $59,500 last week due to the tensions in the Middle East, but we saw a rapid price recovery And currently, Bitcoin is trading in the range of $66,500! By keeping the price above the support level of $59,500, we can expect more growth in the medium term! The next Bitcoin targets are $77,000, $85,000 and $100,000 respectively!
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
💎 CHILIZ (CHZ) - +25% so far , what's next ? (READ THE CAPTION)By checking the chart of #Chiliz cryptocurrency in the weekly time frame (logarithmic), we see that the price hit the first target ($0.125) with a 25% growth! 😍 I hope you have used it! This cryptocurrency also has an attractive fundamental support! The next targets are $0.16890, $0.215, $0.297 and $0.39360 respectively! The expected yield of this cryptocurrency in the long term is more than 250%!
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
💎 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
💎 LITECOIN (LTC) - More Bullish ? What's the Targets ? (READ)By checking the chart of #Litecoin in the weekly time frame, we see that based on the previous analysis, the price has started to grow and we are witnessing a 9% return so far! I still expect more growth from this crypto! ! The targets of this cryptocurrency are $92.5, $115, $200 and $268 respectively!
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
DOGEUSD 1WDOGE ~ 1W 📈
#DOGE Return to this Rounding Bottom Pattern. We Will gradually make purchases back inside this Pattern zone. with a minimum target of 15%+
