Dogecoin
doge idea"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Prepare to fly with DOGE!After this heavy drop, DOGE has now formed an ascending triangle in the Daily time frame, which could be a sign of a bullish trend. Please note that this analysis is in the daily time frame.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Dogecoin updateDogecoin as expected and as mentioned in the previous post, this pair has formed the 3rd touch of the channel what makes it valid channel and got rejected
So now we're waiting for a candle broke above the last touch of the channel to enter a buy position
The best case can happen now if it get rejected from below also to form a double bottom
Happy trading
Follow us for more updates
DOGE bullish movement?"DOGECOIN is currently within a broadening wedge pattern, indicating that the price may continue to range within this formation for the time being. As the pattern has not yet been broken and the price is at the lower boundary, we should consider the potential for an upward movement from this point."
DOGE Coin Appears to be in a distribution phase - 15 min chartAfter the broad "Santa Rally" on Dec 24th, several Crypto's appear to be in a short term distribution. With the low volume during the holidays the market makers can do a lot of manipulation to the market, so anything is possible, but I see a lot of news saying the market is going to open to the upside. On the other hand the charts look more like DOGE and other crypto's, especially the Alt Coins, appear to be finishing a distribution phase.
At least in the short term I expect lower prices and then more accumulation before any big move up to test the ATH's.
Trade carefully.
BTC/USD : Another Bullish Move Ahead? (READ THE CAPTION)By analyzing the #Bitcoin chart on the 4-hour timeframe, we observe that after our previous analysis, the price surged to $108,400 before experiencing a sharp decline, correcting down to $92,000. Currently, Bitcoin is trading around $93,800. If the price manages to stabilize above the $90,600 to $92,300 range, we could anticipate further growth for this cryptocurrency. This analysis will be updated.
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 UpdateDogecoin is forming a descending channel nut still isn't a valid channel still waiting for the 3rd touch to form
what do you think this pair will form the 3rd touch and then give us a Double Bottom so we can be searching for a long to target a new High???
Share your thoughts with us
Follow us for more
The key is whether it can rise above 0.37778
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(DOGEUSDT 1W chart)
As the price falls, the HA-High indicator is expected to be created at the 0.37778 point.
Accordingly, the key is whether it can rise above 0.37778.
If not,
1st: 0.26850-0.28000
2nd: M-Signal on the 1M chart
You need to check whether it can rise with support near the 1st and 2nd above.
-
Since the StochRSI indicator has fallen below the overbought level, it seems likely to continue to decline further.
However, when looking at the StochRSI indicator, volatility may occur when it reaches around the 50 point, so caution is required.
-
(1D chart)
-
Thank you for reading to the end.
I hope you have a successful trade.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
-----------------
Skl time to flipi been looking for this coin for almost 5 years now, ans i see that a flip is comming.
As you can see, rsi is in over sell position, and MACD is shoeing efforts of a big change.
In the chart there are little green points, those are my Buy positions.
I understand that january and February will be greates than november.
Nobody appreciates it !!!The price is within an ascending wedge and this can be a bullish signal for Dogecoin. However, we need to wait for this wedge to be broken and then wait for the price to rise. Currently, the price can be bearish because more funds have been injected into Bitcoin to allow Bitcoin to find more stability in the coming days.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Doge, Bitcoin and the Monthly LMACD Let me start by explaning what you are seeing here, at the top is Bitcoin , bellow doge and the bottom is the LMACD on the monthly time frame for Bitcoin. As I have stated in multiple occasions bull markets typically last for about 26 bars or 793 days(green histograms of the LMACD). Once those 793 days ends you see the LMACD crossing bearish and starting the transition to the bear market. Using this pattern I came to the conclusion that this bull market should be running till Sep2025. Now if you look closely the 2017 cycle top arrived 4 bars(months) before the the end of the bull market, 2021 cycle top around 5 bars and maybe 2025 cycle top would be 6 bars before Sep. This might suggest topping in March2025 for BITCOIN and exactly 1 bar after this the DOGE top in April2025.
DOGE will make another historyDoge has had a lot of attention lately from when I was accumulating. However like the rest of the market it has pulled back causing a lot of concern. My opinion is that this test was needed to confirm that the rally was not a pump and dump but the real deal. If you have not noticed that DOGE actually made history closing at its highest on a line chart on the monthly. But all that is history... I think we are headed to all time highs on a candle chart soon (I will not give a price target). I am currently playing with house as I sold and took my initial investment out and bought some other crypto.
Please do your research as this is not a financial advice. Also please support this idea if you can.
DOGE is sitting on a edge!Here we are guys!.....waiting for the next big move... Who knows? Let's go together through some ideas!
Price Action:
Recent Peak: DOGE reached a recent high around the 0.45 USD mark.
Current Price: The price has since dropped to around 0.32 USD.
Support and Resistance:
Support: The price seems to be finding some support around the 0.32 USD level, as indicated by the recent bounce.
Resistance: Key resistance can be seen around 0.39 to 0.45 USD, where previous peaks were formed.
Volume:
Volume Spikes: There was a significant volume spike during the peak, suggesting strong buying interest at that time. However, the recent drop in price has also seen reduced volume, indicating a possible consolidation phase.
Moving Averages:
EMA (Exponential Moving Average): The price has dipped below the EMA, which often acts as a bearish signal in the short term. The EMA appears to be around 0.39 USD, acting as dynamic resistance.
Trend Analysis:
Downtrend: After reaching the peak, DOGE has been in a downtrend, characterized by lower highs and lower lows.
Potential Reversal: The recent consolidation and slight bounce off the support might indicate a potential reversal if the price can break above the EMA.
Prediction:
Short-term (Next Week):
Bullish Scenario: If DOGE breaks above the EMA (0.39 USD) with increased volume, it could target the previous resistance around 0.45 USD. A stop-loss could be placed just below the recent low at 0.31 USD to manage risk.
Bearish Scenario: If the price fails to break above the EMA and continues to show weakness, it might test lower support levels around 0.27 to 0.24 USD. A stop-loss in this case could be set just below the 0.31 USD mark.
Medium-term (Next Month):
Consolidation: Given the recent volatility, DOGE might enter a consolidation phase, trading between 0.32 and 0.39 USD before making a decisive move.
Breakout Potential: A breakout above 0.39 USD could signal a continuation of the uptrend, targeting higher levels around 0.45 to 0.50 USD. Conversely, a breakdown below 0.32 USD might lead to further declines, testing the 0.27 to 0.24 USD range.
Long-term (Next Quarter):
Market Sentiment: The long-term outlook will largely depend on broader market sentiment towards cryptocurrencies, especially given Dogecoin's history of being influenced by social media trends and broader crypto market trends.
Fundamental Factors: Any significant announcements or developments related to Dogecoin's utility or adoption could impact its price significantly.
Conclusion:
Based on the current chart, Dogecoin appears to be at a critical juncture. The immediate support at 0.32 USD and resistance at 0.39 USD are key levels to watch. A break above or below these levels with confirmation from volume could provide clearer direction. For traders, setting clear profit targets and stop-loss levels around these key areas would be prudent to manage risk effectively.