Doge Short Term Levels to WatchDoge, the OG and beloved meme coin, is on our radar with some short-term levels to watch. In this bull market, dips have been golden opportunities and that trend's not slowing down. Thinking about swapping some long-term holdings like BTC/ETH into Doge? It could mean bigger returns. Here's an example: swap to doge, ride the Doge wave, then flip back to btc.
I’m optimistic about hitting the $1 mark for Doge, with the potential for it to surge 2x-3x higher, especially if Bitcoin continues its upward trajectory and its dominance diminishes, as it typically does after halving, ushering in the alt season.
Doge to the moon - Elon Musk
Dogecoin
After hitting previous targets Doge now above invh&s necklinePrevious target was 21 cents which Doge has just recently hit and in doing so doge also create a larger inverse head and shoulder patterns which its price is currently above the neckline of now. Very possible the price dips back below the neckline once or twice before finally having the break above the neckline tat trigger the breakout of the inverse head and shoulders pattern, but as always its also possible it could validate the breakout on the current breach of the enckline. If it were to validate the breakout on this initial breach above the neckline, the next target woud be around 36 cents. *not financial advice*
An update on my dogeusd chart.Doge finally triggering the breakup from the tan channel after doing a fakeout the first time it got above the top trendline of the channel. Sizable pump that is already getting rather close to reaching the full target. We can also see that we have broken upward from the purple symmetrical triangle right at its apex which has an even high target. The current candle body resistance is also the top trendline of an even bigger triangle doge has been consolidating inside for awhile. We will have to break above it in order to hit the full target of the tan channels breakout, however it is still a good probability that once we hit the full target of the tan channel breakout, priceaction could then dip back down and still close inside of the bigger triangle pattern for awhile. Being at this almost hyperparabolic phase of the bull market though its also quite possible we retest the top trendline of the bigger triangle as support after hitting the full tan channel breakout target too, in which case doge would continue up from from here once it solidified that support and start working on validating the breakout of the bigger triangle.
Doge Howling at the MoonEvery cycle Doge wakes up & has a run past it's last high. With Bitcoin crossing it's last all time high & the market heating up it's due time for a nice run on Doge. This is confirmed by Doge breaking out of it's consolidation range & the Ichimoku cloud crossing & turning green. You may be wondering ok but where do we cash out? This is where the fib extension can lend a hand, applying it from the last high to the last low we can see the important levels. Nothing is guaranteed so it's important to see how price reacts to each level. Special attention should be given to the 0.5 and 0.6 extensions, if these areas don't cause price to reject back lower we should see price go back to test all time highs. Personally I'm looking at the $1 range to start de-risking and start cashing out.
DOGE / BTC … possible ?DOGE / BTC
Doge is pumped by almost 50% since sharing my previous idea against USDT
TODAY we can see it tries to breakout on BTC pair too on weekly chart !
Also on weekly RSI we can see trying to breakout :
Is this a legit breakout !?
Lets monitor the price action by seeing how the next weekly candles will close
DOGE/USD T Bullish Momentum, Support Zones, and $1.60In this DOGE/USD trading analysis, we examine the market movements since 2021, highlighting the rapid rise in price that surpassed the previous all-time high (ATH) and extended into the TP (take profit) zone. Identifying major structural zones on the line chart, a common pattern emerges, signaling another potential bull run for this cycle. Support has been established around the $0.05 level, confirmed across weekly and monthly timeframes, after hitting our TP zone and displaying strong momentum.
While we may have missed the ideal loading zone, indicated by the break through the bullish flag pattern, attention is drawn to potential loading zones around the $0.17 or $0.10 levels. A less likely scenario involves a retest of the $0.05 level, with the $0.10 mark showing stronger structure on the weekly timeframe.
Current TP levels are set at $1.60, but caution is advised regarding the previous ATH, which may act as resistance. Scalpers should be cautious around the TP level, considering the previous TP level was surpassed.
As always, it's essential to acknowledge that trading involves inherent probabilities, and the analysis provided here does not constitute trading advice. Traders are urged to conduct thorough research and manage their risks accordingly. Dollar-cost averaging is underscored as a prudent approach, with a reminder that investing often yields better results than frequent trading.
Wishing all traders success and profitable trades.
Keywords: DOGE/USD, trading analysis, bullish momentum, support zones, TP levels, loading zones, bullish flag pattern, resistance levels, dollar-cost averaging, investing, risk management, trading advice, scalping.
Dogecoin Rockets 20%: Unveiling the Forces Driving DOGE's SurgeDogecoin ( CRYPTOCAP:DOGE ), the beloved meme-inspired cryptocurrency, has once again captured the spotlight with a staggering 20% surge, defying market trends and sparking excitement among investors. This surge comes amidst anticipation for its listing on Coinbase Derivatives, marking a pivotal moment for Dogecoin's evolution from internet meme to mainstream asset. Let's unravel the key factors propelling Dogecoin ( CRYPTOCAP:DOGE ) to new heights and explore the implications of its meteoric rise in the cryptocurrency landscape.
Coinbase Listing Anticipation:
The announcement of Coinbase Derivatives' intention to introduce cash-settled futures for Dogecoin by April 1 has sent ripples of excitement throughout the cryptocurrency community. This move signifies a significant shift in perception, as Dogecoin ( CRYPTOCAP:DOGE )transitions from a whimsical internet phenomenon to a recognized asset within the crypto industry. The anticipation surrounding the Coinbase listing has fueled bullish sentiment and heightened interest in Dogecoin, underscoring its growing acceptance and relevance among institutional players and retail investors alike.
Meme Coins and Whale Activity:
Dogecoin's recent surge is not only a testament to its enduring popularity but also reflects broader trends in the cryptocurrency market. Meme coins, characterized by their playful branding and widespread appeal, have emerged as a captivating trend, with Dogecoin leading the pack. The surge in whale activity, observed through significant on-chain market dynamics, further reinforces bullish sentiment surrounding Dogecoin, highlighting the significant influence of large holders in shaping market trends and driving price movements.
Market Performance and Trading Status:
Despite its origins as a meme-inspired asset, Dogecoin ( CRYPTOCAP:DOGE ) continues to demonstrate resilience and attractiveness to investors. With a current price of $0.2138 and a robust 24-hour trading volume of $6 billion, Dogecoin's performance defies market volatility, maintaining a live market cap of $29 billion. Long positions dominate the futures market, signaling prevailing bullish sentiment among traders and instilling confidence in Dogecoin's future prospects.
Key Drivers of Dogecoin's Surge:
Elon Musk's involvement in Dogecoin's resurgence cannot be overlooked, as evidenced by his recent licensing approvals for running a payment service on his X social media platform. The integration of Dogecoin into the X payment platform holds promise for broader adoption and increased utility, driving optimism among investors. Additionally, positive market indicators such as record-high open interest in Dogecoin ( CRYPTOCAP:DOGE ) futures and bullish fractal patterns from 2020 further fuel speculation of a sustained upward trajectory for Dogecoin's price.
Technical Outlook
Dogecoin ( CRYPTOCAP:DOGE ) has been on a bullish momentum since yesterday Wednesday, with a Bullish Relative Strength Index (RSI) of 71 indicating a strong Overbought condition or a continual trend. Further validating the bullish nature, the meme coin is trading above the 200, 100, and 50-day Moving Averages. respectively.
Doge Megabull targets $2-3 by November 2025 - Up to 3,000% gainsHi everyone!
Today, lets dive in the technicals and boom and bust cycles of Dogecoin:
Short-term:
Doge will likely for the rest of the 2024 year remain in sideways and bound in the wide range delimited with the:
Support block (green box) at: 0.056-0.036; and,
Top resistance block (red box) at: 0.11-0.16c.
In the incoming days / weeks, I am expecting doge to rally (a bit similar to the blue fractal as reference) towards the top resistance block (red box) at 0.11-0.16c which would be a great opportunity to take a little profit off the table there. There is a chance that doge retraces down from that resistance block to the 0.07c support block again which would be a great rebuy in 2024. I do not anticipate lower target unless there is a black swan even, but I do not expect any currently.
Midterm:
There are clear patterns that repeat across Crypto on altcoins which I always point to for those familiar with my charting and in this case doge is clearly displaying those bottoming bull reversal patterns although still unconfirmed:
(1) Basing with a double bottom at 0.056-0.036c
(2) Rounding bottom (half blue circle)
Long-term:
Dogecoin has still not broken the top resistance block (red box) at 0.11-0.16c and is still very far from breaking the previous ATH at 0.74c~.
So buying know at 0.088c (see the WE ARE HERE arrow) is still considered an extremely cheap entry and you could still make a whopping 3,000% in gains if my 2025 forecast plays out as expected and we see Dogecoin top at either T1: $2 or at T2: $3 by October 2025 through December 2025.
Looking further ahead at the next bear market of 2026-2027 and based on the repetitive boom and bust cycles of doge and crypto, we could expect the final bottom to shape a nice rounding bottom bull reversal and double bottom buying opportunity at 0.61-044c!
Closing Notes:
This multiyear Dogecoin chart is my attempt at forecasting the action of doge for the next 4 years and will be updated regularly.
Please give a like and follow to this chart if you appreciate this chart and the work put behind it.
Best of luck and happy trading!
Carl M.
Pattern Similarity with DOGEMy first chart in about nearly 7 years.
I've learned a lot in the crypto space since than.
Full disclosure, this is high risk/ high reward.
DOGE in 2021 did a parabolic move after going sideways for about 3 weeks.
This movement looks quite similar to what POLYX is currently doing.
If my theory is correct, this parabolic movement could bring a new all time high in the $2.50 range, followed by a correction to $0.75 range.
DYOR. Not financial advice.
DOGE Technical Analysis and Trade Idea#DOGE #Dogecoin exhibits a bearish bias, highlighted by a decisive break of structure on the daily timeframe. Approaching a key resistance zone, the pair appears overextended. The accompanying video explores a potential selling opportunity if prioce action plays out as described in the video. Please note: this analysis is for educational purposes and does not constitute financial advice.
BITCOIN - About To Blow! 🔥We are now at a critical point in our analysis. We are almost at the extremes of the parameters where Bitcoin can fall.
Major Waves - Circled waves
Subwaves - Bracketed waves
In our analysis, we are still within the major wave 3 (which is made up of 5 subwaves). We are on the 4th subwave correction, which is an 3-3-5 ABC flat correction. We're anticipating price to stay above the blue structure and start its 5th major wave.
Trade Idea:
- Watch for bullish pressure above 13.5k
- Invalidation level is below 13K
- For further confirmation, watch for the descending trendline to break
- Targets: 64k, 80k and 100k
Goodluck and as always, trade safe!
DOGE, king of memesDOGE, king of memes
Can Dogecoin Reach $1? Yes, but Only if This Happens
In the spring of 2021, meme-stock mania had taken over not only stocks, but the crypto market as well. Dogecoin's (CRYPTO: DOGE) price was going bonkers.
Today, it's the spring of 2024. The dog-themed cryptocurrency sits 74% below its all-time high (as of Monday, March 25), as investor interest has cooled off dramatically. But some of Dogecoin's strongest supporters are hoping that it can not only get back to its previous high-water mark, but exceed it and reach that coveted $1 per coin.
Can Dogecoin achieve this? Yes, it can!
Doge to $.20 this week?Here are a couple of relevant traces fro the bullish channel. There was a pretty signature little swooping move that relate these patterns… then they are fit to the levels.
The blue one is the bearish bulls… showing a bigger correction. The white one then the bullish bulls.
Follow along for more, and check my previous analysis in the Related Idea link below for a bigger look!
Love, Doge!
DOGE Dogecoin May Be In For A Deeper CorrectionShort term Doge looks like its in trouble. It looks like a big move down is imminent. Bearish pennant, bearish cross 50 over the 100. A significant move down in Doge and the whole market is about to happen in my opinion. I could be wrong and this is a fake out and we blast to the upside but look at Litecoin and what happened when the 50 crossed over the 100 just recently and now the 50 is crossing over the 200 on Litecoin. If Bitcoin drops to 50s then expect this to happen 100% and possibly even lower targets as the new people who just got in with their rent money sell at the bottom. Could be a fire sale if a person is in the right place at the right time. Not financial advice just my opinion , Good luck out there
A closure above the 100 SMA blue line and then the previous high on a 4 hour candle would invalidate this whole thing and Doge will continue its rally to crazy new all time highs. Im leaning towards a correction on this one.
WEAR AN EXTRA SHIRT IN CASE YOU LOSE THE FIRST ONE :)
DOGE launch codes:Hello,
Here we have highlighted the recent resistance vector, and are showing a piercing line and retest, which if holds, should propel us through our recent hi $.20 and beyond.
As discussed in my last post, linked below, $.69 is our next target, of course! :)
Go Doge GO! Run Boy! Love you!
Follow along for updates, and if you appreciate these ideas, you should try th lip balm we make at JTreeLife … it’s the best in the universe!
:)