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Dogecoin

🔥 BTC/USDT : The $BTC will fall ? (Read The Caption)By checking the Bitcoin chart in the 2-hour time frame, we can see that the price is trading in the range of $43,600 and if the price cannot penetrate above $44,700 again, we will see a further drop in the price! Important demand ranges are $42,700 to $43,000 and $40,200 to $40,700 respectively! The supply ranges are $43,900 to $44,400 and $45,500 respectively! Please share your opinion about the possible trend of this chart with me and support us with your likes and comments. Best Regards , Arman Shaban
Short
by ArmanShabanTrading
5
DOGE → Hinting at a Drop! Are we going back to $0.05?Dogecoin is starting to show signs of converting to a trading range after a strong bull run. We have a potential double top reversal pattern playing out after three good pushes to the upside. Does that mean we're heading down? How do we trade this? 🤔 Three pushes up, potential double top reversal pattern, RSI at 62.00 and below the Moving Average, these are the key data points that should bring us caution when the thought to long crosses our mind. What we're missing right now is a confirmation candle and a lower low to give us enough probability to enter a short scalp and maybe a partial swing. A final sell signal at the Previous High of $0.10750 would be ideal, giving us enough range for a 1:3 Risk/Reward Ratio. Using my favorite approach, take half profits at $0.10 (1:1 Risk/Reward), move your stop loss up to your entry price, then swing the remainder to 1:3 Risk/Reward at $0.09. 💡 Trade Idea 💡 Short Entry: $0.10500 🟥 Stop Loss: $0.11000 ✅ Take Profit #1: $0.10000 ✅ Take Profit #2: $0.09000 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Three Pushes Up, Potential Double Top Reversal. 3. Could convert to Trading Range between $0.0875 and $0.10750. 4. RSI at 62.00 and below Moving Average. Bias to Short. 5. Bitcoin is running hot to the upside, risk of trend change. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Short
by TraderEngineering
🚀 Doge Attempting For Breakout! 🌟✨ DOGE/USDT 🚀 📊 We are currently observing a symmetrical triangle pattern in the DOGE/USDT pair. The price is attempting to break out of this pattern. If it successfully breaks out, we could potentially see a bullish move ranging from 15% to 39%. 🔍 Let's closely monitor the price action and volume to confirm the breakout. It is essential to exercise caution and conduct your own analysis before making any trading decisions. ⚠️ Please note that the information provided is for educational purposes only and does not constitute financial advice. Always make independent research and consult with a professional before investing.
Long
by Crypto-By-Ghazi
Dogecoin ($DOGE) Poised to Reach Local High of $0.115. Over the past two months, Dogecoin's price has increased by 100%, a relatively modest achievement compared to other altcoins, some of which have seen 300-400% growth. With the BTC chart maintaining an upward trend, DOGE also stands a chance for further rise. To achieve this, the coin needs to break the resistance level of $0.097 and retest the seller zone between $0.102 and $0.107. If buyers can sustain above this range, DOGE might aim for a new local high near $0.115. DOGE may also face a correction, especially if there's a downturn in Bitcoin's price. In such a scenario, DOGE could decline to the support zone of $0.0837-$0.0897 and test the buying strength at $0.0797.
Long
by DEXWireNews
Dogecoin Targets $0.10 Following Robinhood’s 85M DOGE InfluxThis latest DOGE price movement comes with a gigantic whale transfer of 85,000,943 DOGE tokens to Robinhood. In five subsequent on-chain transfers, one massive Dogecoin whale splashed $7.2 million worth of DOGE to the popular American crypto exchange, increasing circulation. Dogecoin’s $0.10 Barricade: Just a Kick-Off? Another crypto whale sent 64.7M DOGE to Coinbase, the most popular American crypto exchange. According to several crypto analysts, these heavy crypto whale movements momentarily boosted Dogecoin’s price, but the historically timid $0.10 price range could catalyze a further-reaching run.
Long
by DEXWireNews
Will Doge trigger the channel breakout?We can see Doge’s price action has just recently breached the top trendline of this channel its been in for so long. Should it validate the breakout the target from here would be a measured move to 13 cents. Of course there’s always a decent chance that this candle could go back under the trendline before it closes, s as always patience must be exercised here. Of course the closer we get to confirming phase 2 of the bull season the less the priceaction of most chart patterns is going to dip back below the the trendline before the official breakout confirmations so its possible this could validate a breakout on this initial first brea above the trendline as well. I’m personally going to wait and see where this candle closes..I anticipate if it can close 3 consecutive daily candles above or maybe 1-2 weekly candles above the trendline then it is likely to validate. *not financial advice*
BINANCE:DOGEUSD
by DrDovetail
1
Dogecoin(DOGE): Major Resistance Worked Well As Of Now! Making a descending triangle pattern. This pattern shows that the price is in a consolidation phase, with a trendline resistance that is going down and aligning with the middle line of the Bollinger Bands. Currently, the price is near the apex of the triangle, suggesting an imminent breakdown. If the price breaks below the triangle, we might see a significant move to the downside, with potential targets around $0.08230 and possibly extending to the $0.07535 support zone. We keep a close eye on the price action at the triangle and the major resistance zone for indications of whether there will be a bearish continuation or a bullish reversal.
Short
by SwallowAcademy
2
DOGE - MACD match.Hello! Today we are looking at the doge chart since inception again. This time, a split window, so that we can more accurately compare the MACD momentum indicator at the top. It scales with the price, so have to zoom it in on the left. Anyhow, this gives a pretty confident location, confirmed by the Stochastic RSI indicators on the bottom, and wave count, and my foreground - background harmonic projection observations. So… good chance we have a bit of a pull back ahead to recharge the Relative Strength Indicators. Equally good chance the infamy and enthusiasm for our Beloved coin will lead us exponentially without said pull back. Very exciting!
CRYPTO:DOGEUSD
by DHLawrence
DOGE Today. Big PictureHello DOge Fam! A hawk killed my chicken today while i was netting its run, to keep it safe. WTF! Trying to find the lessons from the universe in this one. Heart is heavy. i have presented a second scenario for the blue trace, advancing it a cycle, to see what the optimistic view is. The original in darker blue does call for a pull back to check a lower level before the rest of the run. Now… i see these charts as 3D space maps… and in that, the price argument repeats itself once in the foreground, then once in the background on each major plane. Then it bounces to another level, and does it again. So i give some priority to the shape and level behavior of RUN 1, now that we are up on another level looking at Run 3 :) In another perspective, the price argument are a series of Head & Shoulders, Inverse, repeat. Nest into each other. Eliot wave theory counts these out 1, &, 2, &, 3… on the way up to the top of the head. then a 1, &, 2 pull back through the same levels. If that is true on the Macro scale, as it appears to be on the micro scale, Then we could be looking at this current level of the last Year as the head of a H&S pattern. So back down to the 2018 level for a pull back? This idea is not illustrated., but we coul pick a smaller similar fractal of a harmonic pattern from an obviously similar Head argument on a smaller time frame, and stretch it out to fit. Maybe later, if i see anything, I’ll post an update… so follow along! Go Doge Go!
CRYPTO:DOGEUSDLong
by DHLawrence
DOGECOIN - Another 50,000% Move Coming Up....I hadn't given much attention to Dogecoin until recently. I strongly believe that Elon Musk's favorite cryptocurrency is poised for another significant surge. Call it what you will, but the waves in the market don't deceive. This seemingly whimsical and inconspicuous crypto could pave the way for substantial future gains if one navigates the market with precision and foresight over the upcoming years. Witnessing it firsthand is crucial, and I position myself as a leading forecaster for this market. It's essential to bear in mind that markets create only two patterns, and the current move aligns with one of them. While this trade is straightforward and yet to be triggered for maximum gains, even those already in the trade stand to do well in the end. Patience and a clear understanding of its trajectory are key. Knowing when to take profit is critical to avoid the common pitfall of witnessing gains and then losing them all by expecting further upward movement after the target is reached. If you're unsure of when to exit, exercise caution before entering the trade.
BITTREX:DOGEUSD
by AriasWave
2
DOGE (Dogecoin): Navigating Waves of Volatility and Whale moves🚀 DOGE (Dogecoin): Navigating Through Waves of Volatility and Whale Movements! 🚀 Hello Crypto Traders! 👋 The FXProfessor here, shedding light on the recent movements in Dogecoin (DOGE). Let's decode what's happening in the DOGE ecosystem and its market implications. Recent DOGE Movements: 📈 Dogecoin recently witnessed a notable 5.5% price increase as nearly 65 million DOGE were transferred to Coinbase. This movement aligns with a substantial overnight price rise in DOGE . Today's dip saw support standing niucely and new Longs could be favored for as long as the price is over 0.0884 main support (yellow level). 💰 The transfers, totaling $6.1 million, were spread across 15 transactions, with the largest single transaction moving over 6.2 million DOGE (u.today). DOGE's Price Volatility: 🎢 Dogecoin has been experiencing significant volatility. It saw a substantial 35.7% gain between Nov. 28 and Dec. 6, reaching $0.1041, only to lose more than 10.5% the following day (u.today). 🏦 Currently, DOGE trades at around $0.0968, demonstrating the coin's dynamic nature in the market (u.today). FXProfessor's Insight: 🌐 Dogecoin continues to capture the market's attention with its volatile price movements and significant whale transactions. 🔍 Keeping a close eye on these developments is crucial for traders looking to navigate the waves of the cryptocurrency market effectively. Stay alert, understand the market dynamics, and let's track the intriguing journey of Dogecoin together! One Love, The FXProfessor 💙 Link: u.today
Long
by FX_Professor
💎 BTC: Bitcoin Will Reach $77,000 or $28,000 ? (READ Caption)With the new analysis of the Bitcoin chart in the weekly time frame, we see that the price, based on the analysis we had, finally managed to hit the target of $44,000 and even managed to record the price of $45,000! Based on my view on the chart, I have determined the important levels of supply, demand, possible targets, etc. that we will address! Currently, the price has reached the supply range of $44,290 to $48,300, as you can see, the initial reaction to this range was corrective! The first support in front of the price range is $35,630 to $38,430. If the price corrects to this range, we will expect an increase in demand! The next possible upward targets are $48,560 and $53,210, respectively, if the desired support is maintained, note that the price level of $53,210 is an important supply level that you can consider for the SELL position! The next mid-term targets are $57,700 and $62,300 respectively! If we want to look a bit more optimistic and long-term, the target of $77,000 will not be far from expectations! Note that this analysis was done in the weekly time frame! Please share your opinion about the possible trend of this chart with me and support us with your likes and comments. Best Regards , Arman Shaban
COINBASE:BTCUSDLong
by ArmanShabanTrading
21
DOGE/USDT It required break the key level or will be rejected ??💎 DOGE has undoubtedly garnered significant attention in the market. Confronted with a challenging resistance area, DOGE needs to breach this level to sustain its upward momentum. The well-executed bounce from the demand area suggests a potential breakout from the resistance in the near future. 💎 If DOGE successfully achieves this breakout, there's the probability of substantial upward movement, reaching our target area. 💎 However, if DOGE fails to break the resistance in the near future, a retracement to the demand area becomes likely. The confirmation of a negative scenario occurs if, during the retesting phase at the demand area, DOGE fails to maintain its position, leading to a breakdown. In such a case, DOGE would shift to a bearish movement, potentially retracing to the robust support area.
by MyCryptoParadise
4