DOGE/USDT - Waiting for Breakdown 👀 DOGE coin has caught our attention here in a 4-hour timeframe, where we see that the local trend has been tested many times with liquidation grabs. This shows the strength of sellers as they try to break that trend and potentially lead the price to that lower line (dotted red line).
While last attempt failed to break the trend, we are still going to wait for some weakness here and a potential breakdown after what we will be looking for a position as well!
Swallow Team
Dogecoin
Dream Doge PredictionBy no means is this financial advice however there is a strange corolation between the Bitcoin cycles and Doge cycles.
Note:
It seems that Doge is one cycle behind the bitcoin cycles. Does this mean Doge will have a double top like Bitcoin did last cycle?
The green line has a prediction of when the final Doge top will be based on previous Doge cycles.
The orange lines highlight the Bitcoin halvings.
Prediction:
I am predicting that Dogecoin will have a double top similar to what Bitcoin experienced last cycle. Assuming the Bitcoin ETF is approved in the next two months, I believe that Bitcoin will lead the crypto markets higher as institutional investors finally have their chance to flood the crypto market. Bitcoin will then top out before or during the Bitcoin halving in April of 2024, pulling all other cryptocurrencies lower. The markets will then stabilize after the Bitcoin halving and go into a suckers rally which will be the second top for Dogecoin. Some time between May and June of 2024 the FED will begin cutting rates which will send all of crypto into their respective bear markets. This will also be the start of the recession that everyone have been calling for.
Doge Price Predictions:
Top #1
$3.98 or $15.00
Top #2
$6.74 or $22.00
(In other words, I have no clue)
Again this is not financial advice, just my personal opinion.
DOGE bottomed, Alt season aheadAs with other ALTs, market looks like it has reached a saturation point following the decline from 2021 Market highs. Expecting Dogecoin to challenge the 200WMA both on DOGEUSD & DOGEBTC.
Possible ALT Season ahead. Doge might prove to be a leading ALT.
Best, Hard Forky
2021 Top signal
a happy doge holiday is comingdoge finished 5 waves down ran for the a+b now preparing for the C
doge aproaching the corner of a triangle programed for breakout by latest 20-21 december
TD sequential closed 9 red candle styx and i am expecting a new green count any day now.
the current daily candle seems to be closing as a bullish hammer candle in 15 minutes.
holidays are fast aproaching and i expect doge going for a run together with bitcoin and bring back hope to the crypto markets.
elon is having fun lately with twitter while fighting the trolls, bots and liars, leaking truth and bringing back power to the people. inevitably dogecoin plays some kind of role in this as well which soon could be revealed acting as a catalyst to push price & dominance further up.
my next target is 0,245 cent
do not blindly trust my analysis & feelings. i could be wrong and break down lower instead.
happy trading and happy holidays!
DOGE to $0.10!? A Long Setup for Maximum Profit!DOGE continues to march upwards in its month-long bull run and has its eye on $0.10! If you're not long yet, prepare yourself for a long entry that could return up to 50% profit. To get there, we need to assess our current risk/reward ratio and probability of profit.
How do we trade this?
In a bull channel, our bias should be toward the upside since the probability of profit is greater. That doesn't mean we long right now at $0.08, our Risk/Reward would be about 1:1. The better long entry is at the bottom of the bull channel around $0.75, which allows for a 1:3 Risk/Reward ratio if we target just shy of $0.09.
Not only does the price need to fall to $0.075, but we also need a strong bull signal and confirmation bar for a long entry. The signal bar will have a tail 1/3 to 1/2 the total bar size with the price closing on or near its high. The confirmation bar should be a strong bull bar closing on or near its high. This would be the safest long entry because it secures a higher probability that the price will continue to respect the bull channel.
Key Points
1. Bull Channel, Probability of Profit is greater to the upside. Always in Long.
2. Price in Center of Channel, wait for a pullback to enter long.
3. Bitcoin Leading Indicator, Risk of Pullback.
4. RSI around 50.00, wait for it to fall between 35 and 40 to long.
5. Wait for a Strong Buy Signal at $0.075
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
💎 $BTC : We'll See $40,000 or What ? By re-examining the Bitcoin chart, we can see that the price easily hit the $37,700 target, as I expected, and after that it was corrected several times! If the price fails to stabilize above $38,000, we may see further price correction, but if the price succeeds in stabilizing above the support level of $34,100 to $35,500, we will see the price rise in the short term to targets above $40,000!
Best Regards , Arman Shaban
Doge might shock the world againAfternoon folks, from rainy Manchester.
Tried to put some ideas in the chart and preparation for the bullrun ahead . This time with doge . I go with positive idea and i think doge will shock us again with explosive growth this cycle, i have red vertical lines as bitcoin’s halvings , i have approximate date of explosion start and i have a pathway to the doomsday .
There is a bearish trendline for each cycle which we broke this one successfully and some moving average which we can use as the declaration of the bottom ( which i have more as you know but we go whith this one for the beauty of the chart )
In summary i wnot be surprised if i see doges price at 5 $ or more in the late 2024 to early 2025 .
Stay safe fam and trust only yourselves.
Doge Climbs to New Heights: Why Traders Should Jump OnboardHold on tight! Discover why Doge's meteoric rise of 0.08 has traders wagging their tails in excitement!
Ready to embark on a thrilling trading adventure? Brace yourself as we unveil the wild and wonderful world of Doge's recent surge, leaving traders howling for more!
🌟 Hold onto your hats, fellow traders, because Doge has skyrocketed like a pack of excited pups chasing their tails! In an unexpected turn of events, our favorite canine-themed cryptocurrency has made jaws drop with a staggering rise of 0.08. That's right ― 0.08! 🙌
Now, you might be thinking, 'What's got Doge wagging its tail with such gusto?' Oxygen? Barks of encouragement from Elon Musk? Well, joke's on you, my friend, because the secret sauce here lies in the remarkable community behind Doge. From passionate hodlers to enthusiastic Doge memes, this unique blend of charm and fervor has lit the fire under Doge's paws!"😄
But what does this mean for traders like ourselves? It's time to seize the moment, embrace the Doge spirit, and explore the untapped potential of this remarkable ascent. Doge is showing us that it's not just a meme coin, but a force to be reckoned with. So, why not join the pack and venture into a world of soaring possibilities?
📈 Why Longing Doge Might Be Your Best Decision Yet 🚀
1️⃣ "Scarcity is outdated, my friend! While some cryptos battle for scarcity like it's a juicy bone, Doge thrives on the power of community. Doge's recent rise demonstrates the strength of collective belief ― a bond stronger than any leash. So, dare to long Doge and relish in the uplifting energy of standing with others who share the same vision!
2️⃣ "Doge proves that not all heroes wear capes, sometimes they wear doggy memes! Embrace the unconventional and bask in the wonders of a cryptocurrency that effortlessly infuses joy into our trading journeys. Longing Doge is not just another transaction; it's an expression of solidarity with millions of fellow Doge enthusiasts. Who knew trading could be this fun?
🔥 Unleashing Doge's Future Potential 🔮
Brace yourselves, traders, as we enter the realm of speculation. Imagine a world where Doge's charm propels it to new heights. With widespread adoption on the horizon, Doge could become the go-to currency for fun and friendly transactions, leaving traditional barks in the dust. So, why not hitch your wagon to this crypto star before it shines even brighter?
In a world where conformity rules the day, Doge reminds us to embrace our unique inner pups. From humble meme beginnings to soaring heights, its journey symbolizes the power of unity and the remarkable potential that lies within us all. So, let's dream big, trade smart, and remember: to the moon, one Doge at a time!" 🚀
Dogecoin Whale Shifts 693M DOGE, Fortifying 33% Market UpswingOver $50,000,000 worth of DOGE shifted by one cryptic whale ended up with crypto bulls taking back the steering wheel.
Dogecoin (DOGE) tapped its 6-month high today, approximately 1 day and 9 hours ago since one cryptocurrency whale had shuffled a whopping 690 million Dogecoins between two crypto wallets.
This unusual whale activity was spotted by WhaleAlert, whilst the on-chain signals for CRYPTOCAP:DOGE also point to an increasing number of large transactions over the last 7 days, now standing at $1.87 billion, according to blockchain analytics enterprise IntoTheBlock.
Meanwhile, Dogecoin’s daily price channel has CRYPTOCAP:DOGE jumping above three key support lines. Fetching 8% gains in the last 24-hour period, CRYPTOCAP:DOGE had been trading in an ascending parallel trading channel in the last 30 days. Dogecoin (DOGE) towered to the $0.08 price range on November 11, 2023, but didn’t break resistance on the first attempt to break the 8-cent barrier.
Doge Weekly Analysis - New All-Time Highs Coming!?Doge has broken out of the descending resistance and made contact with the Weekly 200EMA. The price has now pulled back to the 30EMA, so where do we go from here?
Bitcoin is a leading indicator for the alt market and according to my Bitcoin Weekly Analysis, is pulling back from the Weekly resistance. That pullback will likely hold back the Doge price from breaking out of the 200EMA until Bitcoin can break its resistance and start a bull run to the upside.
Key Points
1. Bull Breakout
2. Resistance at 200EMA
3. Bitcoin leading indicator, pulling back
4. RSI is just above 50.00, wait for a pullback.
If you're looking for a long entry, I would fade your position as the price falls a bit further then enter more once a confirmed break happens above the 200EMA. That requires a strong bull bar closing near its high.
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
DOGEUSDT.1DBased on the market data provided, the DOGE/USDT pair is currently trading at $0.077. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 57.0, 72.77, and 59.68 respectively. This shows that the pair is neither overbought nor oversold in the 4-hour and 7-day time frames, but it is slightly towards the overbought territory in the 1-day time frame.
The Moving Average Convergence Divergence (MACD) for 4 hours and 1 day are positive, indicating bullish momentum, while the 7-day MACD is slightly negative, indicating a slight bearish momentum.
The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days indicate that the price is trading within the normal range and not at extremes.
The support levels are at $0.071, $0.065, and $0.063 for 4 hours, $0.071, $0.064, and $0.057 for 1 day, and $0.066, $0.056, and $0.052 for 7 days. Meanwhile, the resistance levels are at $0.083, $0.091, and $0.100 for 4 hours, $0.085, $0.098, and $0.103 for 1 day, and $0.085, $0.105, and $0.14 for 7 days.
In conclusion, the technical analysis indicates a mixed signal with bullish momentum in the short term (4 hours and 1 day) but slight bearish momentum in the longer term (7 days). It's important to keep an eye on these support and resistance levels as they can indicate potential price reversals. However, this analysis should be used in conjunction with other fundamental and technical analysis tools for a comprehensive understanding of market conditions. Please also consider your risk tolerance and investment goals before making any trading decisions.