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Dogecoinanalysis

roadmap to $0.12 doge + possible breakoutLet Me First Say I called this original breakout for Doge at 8 cents when everyone was saying short it. Over 60% of the market was short on doge at that point. We have 3 solid confirmations on the bottom that confirms this path should take us to the top of the 2nd resistance line to attempt a breakout so follow this uptrend channel and wait for a possible breakout or short position. Keep in mind doge has be trading very similar to BTC so never look away from it to see if it knocks it off it's path. Good luck!
BINANCE:DOGEUSDLong
by dogdaddevan
1
Dogecoin Price Surges Past $0.1 as Traders Horde More DogeCoinBitcoin’s explosive rally over the past month has led to a state of euphoria in the crypto market, with investors willing to engage in higher degree of risk-taking. Unsurprisingly, altcoins are witnessing explosive breakouts, with meme coin prices also heating up. According to CoinMarketCap data, the meme coin market cap has appreciated by 6% over the past 24 hours, with an average price increase of 11%. The top meme crypto – Dogecoin ( CRYPTOCAP:DOGE ) – has soared by 4% over the past 24 hours, thanks to a 22% bounce in its daily trading volume. The Dogecoin price has now breached the crucial $0.10 level, creating a monthly high of $0.105 earlier this week. After clearing the $0.069 resistance back in October, CRYPTOCAP:DOGE has appreciated 52% since, climbing 22% this week alone. The top meme coin now has a market capitalization of $14.5 billion, making it the 9th largest crypto in the market. Why Is Dogecoin Going Up? Due to the ever increasing likelihood of a spot Bitcoin approval, BTC created a new yearly high of $44.7k earlier this week. However, the largest cryptocurrency has since been consolidating below the $44k level, allowing the market capital to rotate to the altcoins and the meme coins. As a result, Dogecoin breached all major resistances, paving the way for a strong upside move. Over 63,000 addresses purchased over 3.2 billion CRYPTOCAP:DOGE at $0.095, converting that price point into a strong support for a potential rally to $0.14. Earlier this week, CoinDesk reported that the Dogecoin price experienced a minor reversal when Elon Musk tweeted that his artificial intelligence startup xAI was not raising any money. However, the dog-based meme coin held strong, immediately reclaiming the $0.10 price mark. The Dogecoin community is also hyped over the upcoming Astrobotic launch, which could literally send “Doge to the moon”. The Pittsburgh-based aerospace company is planning to send a physical Dogecoin to the moon via ULA’s Vulcan Centaur Rocket on the 23rd of December. Dogecoin Price Prediction – How High Will Dogecoin Go? Despite Doge’s strong move to the $0.102 mark, the top meme coin still has tremendous price potential. TradingView’s Dogecoin technical analysis highlights that the meme coin is outperforming all crucial moving average indicators in the daily and weekly time frame, giving it a “Strong Buy” signal. In the monthly time frame, the bulls are looking to target the 30-month Simple Moving Average at $0.115 mark.
Long
by DEXWireNews
DOGE target $0.11398Doge perform channel down, but you can see that CRYPTOCAP:DOGE have a strong bullish movement to follow bullish, best entry point at fibonacci, minor support or major support channel down resistance can be intraday target. My opening position : Buy long : 0.09508 stoploss : 0.09430 take profit : 0.11398 Stoploss risk : $1.2189 Takeprofit projection : $24.23 Profit percentage : 2423% Rr Ratio : 24.3 Hedging : Rebuy : Minor trendline rebuy : Major trendline *blue line are major trendline support
Long
by AzrulAzir
DOGE DOGECOIN Technical Analysis And Trade IdeaIn recent times, DOGE has showcased a robust bullish trajectory. This video meticulously delves into the Dogecoin trend, intricately scrutinizing price action and pinpointing potential trading opportunities through a comprehensive evaluation across both the weekly and daily timeframes. Expect a thorough examination of price dynamics, market structure, trend analysis, and pivotal technical analysis elements. It's imperative to highlight that the information presented is strictly for educational purposes and should not be misconstrued as financial guidance.
Long
by fxtraderanthony
Dogecoin (DOGE) Poised to Continue Upward Trend Dogecoin, maintaining a high correlation with Bitcoin, is also experiencing an upward trend. Since October 15, DOGE has increased by 70%, marking a new annual high at $0.0925. With Bitcoin's ongoing positive trend, the growth of DOGE is also expected to continue. The next targets for buyers are set at $0.094, $0.097, and the significant $0.100 level. These targets may be tested as soon as the coming week. If a market correction occurs, DOGE’s price could drop back to support areas around $0.086-$0.088, $0.0821-$0.0841, and $0.0800. However, if Bitcoin sharply falls below $39,000, DOGE might swiftly break through these support levels, suggesting that setting limit orders at this time might be risky.
Long
by DEXWireNews
DOGE : RALLY before OR after XMas?Hi Traders, Investors and Speculators of Charts📈📉 As seen on the chart, I've highlighted some potential signs that will help to determine whether we can expect a rally before the 25th or after the 25th / in 2024 : - If Doge is getting ready for a rally before the 25th, we can expect to see some higher lows. Currently we're trading lower than we did two weeks ago this time. - If Doge continues to trade range, it's more likely for another wick towards the lower support zone before we observe a breakout. The price action over the next two weeks will indicate whether or not we can still expect a rally this year, or only next. For the short term, I'm leaning towards lower price action on DOGE, expecting one more wick towards the lower support : The main reason for my short sentiment, is the clear bearish technical indicator in the short term: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:DOGEUSDT BINANCE:DOGEUSD
Short
by CryptoCheck-
16
Doge Hits 4-Month High! Join the Excitement and Trade Now! The Doge community is buzzing with excitement as our favorite meme-inspired coin continues to defy expectations. This recent surge in value presents an incredible opportunity for traders like you to jump on board and make the most of this upward trend. 🚀 Now, you might be wondering, "Why should I trade Doge?" Well, let me tell you why! Doge has proven time and again that it's more than just a meme. With its growing popularity and widespread acceptance, Doge has become a force to be reckoned with in the crypto market. Its strong community, coupled with the recent surge, makes it an ideal choice for traders looking to capitalize on the momentum and potentially reap substantial profits. 💰 So, here's your call-to-action: Don't miss out on this incredible opportunity to trade Doge and ride the wave of success! Whether you're an experienced trader or just starting, now is the perfect time to get involved and make your mark in the crypto world. 🌍📈 To help you get started, I recommend checking out our user-friendly trading platform, which offers a seamless trading experience with real-time market data, advanced charting tools, and a wide range of trading options. Our platform is designed to make trading easy and accessible for everyone, so you can focus on making informed decisions and maximizing your profits. 📊💪 Remember, the key to successful trading lies in staying ahead of the game and seizing opportunities when they arise. With Doge hitting a 4-month high, the time is now! Join the Doge community and let's make the most of this exciting journey together. 🐶💫 Happy trading and may the Doge be with you! 🚀🌕
by bryandowningqln
DOGE-1 Space Mission Moves Closer to Reality With FCC LicenseSamuel Reid, the CEO and founder of renewable energy-based logistics firm Geometric Energy Corporation announced today that his company has received a license from the United States Federal Communications Commission (FCC) for the much-awaited DOGE-1 mission to the moon. Multiple Approvals Bagged by DOGE-1 Mission According to the document, the FCC authorized the licensee, which in this case is Geometric Energy, “to use and operate the radio transmitting facilities hereinafter described for radio communications in accordance with the program of experimentation described by the licensee in its application for license.” The news comes barely a few days after the Dogecoin-funded space mission to launch DOGE-1 bagged the National Telecommunications and Information Administration (NTIA) approval. It is worth noting that the launch has been postponed multiple times since Elon Musk, the tech mogul and crypto enthusiast, took to X (formerly Twitter) on May 9, 2021, to announce the community-funded mission. SpaceX was blamed for a significant percentage of the delays. Per Musk’s announcement, DOGE-1 is billed to be part of a rideshare on the Nova-C/IM-1 mission, a joint initiative between Intuitive Machines and NASA. Ultimately, it is a push to move the canine-themed memecoin into space, a rare ideology that is deeply rooted in community synergy. Dogecoin Reacts to the FCC License News Notably, this mission demonstrates Dogecoin’s power and its potential beyond the conventional crypto market. Once DOGE-1 lands in space, it will broadcast images and ads back to the earth. This is after it must have displayed the same content in space through the use of an attached screen. After receiving NTIA’s approval a few days ago, the FCC license was the only authorization left for the mission to be achieved. With this approval, the DOGE-1 satellite is finally going to space by January 2024. It is worth noting that DOGE is already responding to the forthcoming launch. No long ago, Dogecoin price jumped by a significant percentage which saw the token trade above $0.08 for the first time since the general memecoin frenzy of July. At the time of writing, Dogecoin is up 3.4% to $0.0833, a move that has propped the market capitalization to $11.3 billion.
Long
by DEXWireNews
DOGE 1HR → A Drop Before the Pop! Here's a Setup for Max Profit.Doge is currently marching forward in a bull channel showing the bears who's boss. Both the Daily and Hourly timeframes are bullish, but don't long yet! Within the 1HR bull channel is an ascending wedge pattern, a bearish signal. Does that mean we short? How do we trade this? Shorting in a bull channel is not ideal, there are more bull candles than bear, making the probability of profit greater for the bulls. We should let the ascending wedge pattern play out, and let the price fall near the bull channel support and bounce. If Doge gives us a strong bull signal and confirmation bars closing on or near their highs, it's reasonable to long. Place a protective stop below the bull channel support or 200EMA and set a take profit target near the previous high of $0.083. Trade Idea Long Entry : $0.0795 Stop Loss: $0.0775 Take Profit: $0.0835 Risk/Reward Ratio: 1:2 Key Takeaways 1. Bull Channel, Bias to Long. 2. Ascending Wedge Within Bull Channel, Bearish Short-Term. 3. Wait for Bull Signal and Confirmation to Long off of Bull Channel Support. 4. Bitcoin Struggling to Break Weekly Resistance, a Market Leading Indicator. 5. RSI at 50.00 and below Moving Average, wait for a sign of support to Long. You are solely responsible for your trades, trade at your own risk! If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
Long
by TraderEngineering
1
DOGE ☀️ 24-Hour Upside Potential; Time to Buy?Bearish clouds ☁️ linger over the global crypto market in the next 24 hours, signaling a downward trend for Bitcoin, Ether, and altcoins. Only Dogecoin sees a slightly bullish ☀️ break, hinting at upside potential, per ATTMO. Over a one-week horizon, the ☀️ will return, shining over much of the crypto universe. Altcoins like Avalanche, Ripple’s XRP, Polkadot, and Polygon face lingering bearish clouds. ☁️ Follow us for more crypto weather reports!
by ATTMO
DOGE will decrease by 20%, then does the magic as always.Hi Traders, Just some basic weekly candlestick check. We saw a brutally nice red hammer at the top of the trend. This symbolize a massive price decrease in the short term (1-3 weeks). Stoch RSI is already showed that we will go down. Also, the Ichimoku cloud is read and thick as hell, which basically means that it is barely impossible to go above or into that level. This is the rule how we should read the indicator. I expect a price decrease around 10-20% and then a massive increase. Check my BTC idea also, because the market is still led by the big pappa, the BTC. :) Best of luck.
Short
by Arokthomasso
2
Doge Crazy Numbers are Talking- Don't look at the Fibo, it's messy. - i just added Fibo on this trend because i want to see the final results after next bullrun. ------------------------------------------------------------------------------------------------------- - So let's talk % : ------------------------------------------------------------------------------------------------------- - if u bought the bottom in 2016 and Hodl Doge until ATH. - You could have win 930 000%+ - invest 1000$ in 2016 Bottom - Get 9,300,000$ at the top of the ATH in 2021 ( yes 9.3 Millions $) ------------------------------------------------------------------------------------------------------- - if u bought the bottom in 2019 and Hodl Doge until ATH. - You could have made 30 000% - invest 1000$ in 2019 Bottom. - Get 301,000$ at the of the ATH in 2021. ------------------------------------------------------------------------------------------------------- - The last bullrun in 2021 was Extremely Bullish. - if you know about Fibo, you will notice the " WTF ?" in the chart. - Doge literally exploded the 423.6% Extension to go 100%+ Higher... - what a performance! ------------------------------------------------------------------------------------------------------- - So for the next bullrun the minimum we could get for Doge is 3$. - Around 5600% from the last bottom. - invest 1000$ - get 56,000$ ------------------------------------------------------------------------------------------------------- - So all those numbers and % look crazy right ? - But Numbers are talking, not me! - Remember one thing, to be a day trader is really hard. - But to be Hodler and armed with patience is much more easy. - Making money is the long run is the best method. - invest what u don't need for living and just wait few years..... Happy Tr4Ding !
BITTREX:DOGEUSDLong
by thecryer
8
DOGE → To the Moon or Doom!? This Chart Makes It Clear.Dogecoin is currently sitting on Bull Channel Support, a moment we need to pay close attention to if we want to enter a trade and maximize our profits. If the price falls through, we should be looking to get short and a bounce means we ought to long. How do we trade this? If you're not in a trade right now, wait. We need to see not only a bull signal bar but a bull confirmation bar as well for optimal justification to enter a long. That means a bull bar closing on or near its high above the bull channel support. Long take profit targets could be the previous high of around $0.087 and the top of the bull channel of around $0.09. Stop loss should be just below the 200EMA. To justify a short, we need to see a bear bar closing on or near its low below the bull channel support, preferably below the 200EMA. That would be our signal bar, the confirmation would be a follow-through bar closing on or near its low below the 200EMA. Reasonable take profits would be the previous support areas around $0.068 and $0.06. Stop loss just above the 200EMA. Key Takeaways 1. Bull Channel, Bias to Long. 2. Currently Testing Bull Channel Support. 3. Wait for Bull Signal and Confirmation to Long. 4. Bitcoin Struggling to Break Weekly Resistance, a Market Leading Indicator. 5. RSI at 42.00 and below Moving Average, wait for a sign of support to Long. You are solely responsible for your trades, trade at your own risk! If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
Long
by TraderEngineering
2
DOGE Dogocoin Price Target If you haven`t bought the dip on DOGE: Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is DOGE Dogocoin. I've set a short-term price target for DOGE Dogocoin at $0.070. Looking forward to read your opinion about it!
Short
by TopgOptions