Dogecoinanalysis
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!
DOGE Dogecoin Potential ReversalIf you haven`t sold DOGE here:
Now looks like Doge (Dogecoin) is showing a potential double bottom pattern, which is considered a bullish reversal pattern in technical analysis. This pattern suggests that the price of Doge may have found support at a certain level and could potentially see an upward movement.
Based on this analysis, your price target for Doge is set at $0.088.
Looking forward to read your opinion about it!
The breakout confirmation of the descending wedge on DOGE Hello everyone!
DOGE has been in a prolonged sideways movement for exactly a year with gradual decrease in peak price values and updating of local lows.
This movement formed a descending wedge formation, and upon breaking out of this formation, the price should reach the range of the widest part of the pattern, which is also confirmed by Fibonacci levels.
If a position is opened from the current values, the expected profit is 66%. If an entry is made from the 0.236 Fibonacci level, the expected profit is 51%.
This is not financial advice, and everything you do is at your own risk!
Doge Breaks Through Resistance of 0.065 - Time to Go Long!
I hope this idea finds you wagging your tail with excitement because guess what? Doge has just made a jaw-dropping move by breaking through the resistance level of 0.065! 🚀🐶
I couldn't contain my excitement and had to reach out to you immediately to share this thrilling news. Doge has been gaining momentum lately, and this breakthrough is a clear sign that it's time to hop on the Doge train and go long!
But why should you consider going long on Doge? Let me give you a few pawsome reasons:
1. Breakthrough Momentum: Doge's recent breakthrough of the resistance level indicates a strong bullish sentiment in the market. This breakout has the potential to fuel a significant upward trend, presenting an excellent opportunity for traders like you.
2. Community Power: Doge has one of the most vibrant and passionate communities out there. Their collective enthusiasm and support have played a significant role in driving Doge's growth. With such a dedicated community behind it, Doge has the potential to surprise us all!
3. Volatility: We all know that volatility can be a trader's best friend. Doge has shown its ability to make wild swings, presenting ample opportunities for traders to profit. By going long on Doge, you can ride the waves of volatility and potentially maximize your gains.
Now, I know you're probably itching to take action and capitalize on this exciting opportunity. So, here's your call-to-action:
📣 Join the Doge revolution now and go long on Doge! 📣
Whether you're an experienced trader or just starting, this breakout presents a fantastic chance to make some serious gains. Don't miss out on the action!
Remember to conduct your own analysis, set your risk management strategies, and make informed decisions based on your trading goals. As always, it's crucial to stay updated with the latest market trends and news.
Grab your trading gear, brace yourself for an exhilarating ride, and let's go long on Doge together!
Is Elon Musk still rooting for DOGE?Hi Traders, Investors and Speculators of Charts📈📉
Here's a quick plan for DOGE, short term!
Dedicated BUY zones, dedicated SELL zones.. BUT, let the trade come to YOU. In other words, wait patiently until the price reaches the pre-planned zone before jumping in.
There's been lots of chatter about X (formerly Twitter) potentially utilizing DOGE in the future. Elon Musk himself has pimped out Dogecoin multiple times. But so far, none of those talks have come to realize. So for now, let's trade DOGE on technical setups instead of future fundamental potential!
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CryptoCheck
BINANCE:DOGEUSDT
DOGE Dogecoin Price Target|Binance vs SEC Lawsuit|Whales DumpingBinance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws.
The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community.
Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative guidance from Congress. The original lawsuit, filed in June, accused Binance of unlawfully listing unregistered securities.
Historically, the actions of whales have been instrumental in shaping the price movements of Bitcoin and the broader cryptocurrency market.
Non-whale addresses, those holding less than 100 BTC, now account for over 41% of the total Bitcoin supply. Meanwhile, whales, entities holding between 100 and 100,000 BTC, have witnessed a decline in their collective holdings to 55.5%, marking their lowest ownership level since May.
The decrease in whale holdings could signal a potential change in the market's dynamics, potentially leading to increased volatility and uncertainty.
These developments collectively cast a shadow over the cryptocurrency market's near-term prospects.
In this context, my price target for DOGE Dogecoin is $0.053, where it will form a Double Bottom.
Looking forward to read your opinion about it!
DOGE Dogecoin Price Target after Court approves FTX LiquidationGiven the recent developments in the crypto space, there are several factors that point towards a bearish outlook:
FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could potentially lead to an oversupply situation. When a large amount of assets is dumped into the market at once, it can put downward pressure on prices.
Limited Sales in the First Week: The imposed limit of $50 million for the first week indicates a controlled release of these assets. This may imply that FTX anticipates potential market disruption if a large volume is sold at once. However, even with controlled release, the market could still experience downward pressure.
Potential for Increased Limits: The provision for increasing the limit with the approval of the creditors’ committee and ad hoc committee, or potentially even up to $200 million weekly with court approval, shows that there's room for further selling pressure in the coming weeks.
Binance US CEO Resignation: The resignation of Binance US President and CEO, Brian Shroder, could potentially signal internal challenges within the exchange. Leadership changes in major crypto exchanges can lead to uncertainty and can impact market sentiment.
Asset List: The assets listed for liquidation include some of the major cryptocurrencies in the market such as Bitcoin, Ethereum, WBTC, WETH, USDT, SOL, XRP, STG, APT, BIT, DOGE, MATIC, FTT, TON and more. If a significant portion of these assets are sold off, it could have a widespread impact on the market.
Market Sentiment and Confidence: These events combined might lead to a loss of confidence in the crypto market, especially if investors perceive them as signs of instability or potential oversupply.
Regulatory Considerations: The fact that a bankruptcy court is involved in this process highlights the regulatory environment surrounding cryptocurrencies. Heightened regulatory scrutiny or intervention can have a dampening effect on the market.
Considering the above, my Price Target for DOGE Dogecoin is $0.053.
Looking forward to read your opinion about it.
DOGEUSDTThis is a 1W frame analysis for DOGEUSDT In order to provide a better view of the market to our friends, we are analyzing the market at a higher scale. The price has formed a descending channel with one side being the resistance zone R1 and the other side being the support zone S2. However, currently the price has not been able to open higher ceilings and form lower floors, which is an indication that the price does not have enough power to form higher ceilings. But the market can always surprise us and if it can manage to settle above the first resistance line, it can see higher numbers, and if it can not settle above the first support line and settle below the first support line, it can move towards the second support line.
DOGE - X Payments, Trading Plan Q4 2023Hi Traders, Investors and Speculators of Charts📈📉
Interesting times are ahead for Dogecoin alt in the near future.
X (formerly Twitter) will soon be releasing a payment option and many users are expecting a crypto supported system. The anticipation of the upcoming launch of Twitter's new "X" payments feature may lead to a rally as CEO Elon Musk has said that he is interested in making DOGE a payment option on Twitter, and this could give the coin a boost in value.
However from past events, we must remember to buy the rumor sell the news . It is therefore highly likely that the price of DOGEUSDT will first drop, possibly trade range there for a few weeks and then suddenly increase.
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CryptoCheck
CRYPTOCAP:DOGE BINANCE:DOGEUSDT COINBASE:DOGEUSD
DOGEUSDTHello Traders,
Based on the chart provided, we're potentially looking at a situation where there could be a rise in prices and increased market activity, possibly resulting in significant gains. Additionally, it's important to consider the possibility of the market maintaining a stable range.
A crucial factor to keep in mind is that any notable price surge and the associated gains would likely hinge on a substantial uptick in trading volume.
It's also noteworthy to pay attention to the price trends on the abbreviated chart positioned above the main chart, highlighted in black.
Furthermore, it's worth mentioning that Twitter user X recently highlighted that this place is dog-friendly ;D
Target 0.075
Feel free to share your insights in the comments section below. Thank you.
☀️ Next 24 Hrs & 1 Week for DOGE, Yet, 🌧️ For the Rest The sun will shine over the global crypto market in the next 24 hours ☀️ , buoyed by positive stock market news, hinting at a slightly bullish market with upside potential for Bitcoin, Ether, Dogecoin, and other altcoins.
But beware, ☁️ clouds and 🌧️ rain will return over a one-week horizon, signaling a bearish market trend with downside risk. 🚀
Dogecoin, Litecoin, and Cardano buck the trend, retaining upside potential over this period, as per ATTMO forecasts.
Follow us for more crypto weather reports!
DOGE ☀️ Upside - Bullish 24 Hrs & 1-Week HorizonClouds with some sun ⛅️ breaking through lie ahead over the next 24 hours and one-week horizon. 📊 According to ATTMO, this hints at a slightly bearish market with downside risk.
But wait, there's a ray of hope! ☀️ Dogecoin, along with Cardano and Litecoin, is poised to bask in sunnier days over the longer one-week horizon, suggesting a slightly bullish market with upside potential. 🚀
Follow us for more crypto weather reports!
🚀💎DOGECOIN Bulls Anticipating: Wil August Give $0.16 Breakout?🚀 Dogecoin Bulls are getting ready for the big breakout! It's August, and you know what they say, "New month, new opportunities!" These bullish champs are eyeing that elusive 0.1 price range, where they got knocked back in April. But wait, there's more! They're setting their sights on that stubborn 0.16 resistance, a real tough nut to crack since Oct 2022. A whole year of bear intimidation can't stop these determined bulls!
But hey, it's now or never for the bulls. If they don't make their move in August, brace yourselves for a September challenge. And trust me, nobody wants that! Staying above 0.11 is crucial; otherwise, we might face a catastrophic dump in September. Picture those bears running as far as 0.2, and that's not a pretty sight. So, to be on the safe side, let's secure some profits along the way. Who knows when those bulls' balls might need a break, right?
Keep an eye on the 0.12 range, folks! Even after a successful breakout, the buyers might have to pause or struggle to cross it. But hey, a little breather never hurt anyone, right? Pullbacks are part of the journey!
⚡️ MT DOGECOIN FREE TRADE SIGNAL ⚡️
(Calling all Bull Enthusiasts!)
👉 ASSET: CRYPTOCAP:DOGE (DOGE/USDT)
👉 ACTION: LONG
👉 1st ENTRY PRICE: $0.07238, 2nd Entry: $0.0756, 3rd Entry: $0.077 (Just in case)
(Start buying bit by bit!)
👉 STOP LOSS: $0.005 (A little risky, $0.006)
👉 1st TAKE PROFIT: $0.12
2nd TP: $0.16, 3rd TP: $0.18 (Aiming for $0.2, the extended target)
Remember, folks, this post is a living, breathing creature! It will be updated as the trade signal unfolds or if any failure warnings come knocking at our door. So, make sure you hit that "follow" button and boost your notifications! We've got your back, and we'll keep you in the loop! 📈
Disclaimer: Trading always comes with risks, and this post is for informational purposes only. Always do your own research and seek professional advice before making any financial decisions. Happy trading! 🤝
Doge LTF Set - UpDOGEUSDT 4H
Hi folks,
🔺Doge gave %24 profit from the last "long" signal.
🔺0,07385 is the first support.
🔺Key support zone is between 0,069 - 0,071 area.
🔺Above 0,069 Doge is super bullish.
🔺Oscilators indicate "bullish" signals in HTF.
🔺0,083 is the next resistance, above this level we cab expect 0,095.
DOGEUSDT - BUYERS Pushing Price UP 📈Hi Traders, Investors and Speculators of Charts📈📉
I'm happy to see that the price of DOGE is up since my last post on it. If you haven't checked it out; see the altcoins that I'm REALLY bullish on here : 👀
When the Indicator CryptoCheck START v3.5 shouts BUY in the daily timeframe as well as on the weekly timeframe, it's usually a very bullish sign. The next targets are between 0.104 and 0.113 as pointed out in the two timeframes. The one is the immediate local resistance zone and the other is the trendline from the technical indicator.
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CryptoCheck
CRYPTOCAP:DOGE BINANCE:DOGEUSDT BINANCE:DOGEUSDT.P BINANCE:DOGEUSD BYBIT:DOGEUSDT.P COINBASE:DOGEUSD BINGX:DOGEUSDT.PS KUCOIN:DOGEUSDT BINANCE:DOGEBTC BINANCE:DOGEBTC