DOGE Out of the boxDOgecoin looks ready to climb and come out from the accumulation box we have seen actually. It pumped well on the recent altcoin rally, and after this small retrace it could probably pump fast.
Dogelong
Low Risk Doge Long TrialConsidering that other cryptocurrencies have experienced some price fluctuations, I still anticipate further potential for growth in DOGE coin. However, with New Year's Eve approaching, I plan to adopt a cautious approach by implementing a stop loss. It's worth noting that DOGE may trigger the stop loss and then continue its upward trend, so I'll leave some flexibility in my position to either close it or let it ride. It's essential for everyone to establish their own risk management strategy, so make your decisions thoughtfully.
This is my trial. Not a financial advice.
DOGE → Ready to Rip! Ascending Triangle Says Long? Let's Answer.Dogecoin has had some fantastic bullish action as of late! If you followed my previous 4HR analysis from December 5th and longed, you made out with a 1:3 trade. What we're looking at now is another nice long setup, but should we take it?
How do we trade this? 🤔
We have an ascending triangle which is a bullish pattern following a strong bull macro trend, the 30EMA is also giving us great support. The answer is yes, I would long now!
Long here and place a protective stop just below the 30EMA and ascending triangle support line. Sell half of your position at 1:1 Risk/Reward at 0.10700, move your stop up to your entry, then swing the remainder to at least 1:3 but preferably, until you see a reversal signal. The next strong resistance is at $0.15.
💡 Trade Idea 💡
Long Entry: 0.101500
🟥 Stop Loss: $0.09600
✅ Take Profit #1: $0.10700
✅ Take Profit #2: $0.11800
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. Macro Trend is Bullish, Bias to Long!
2. Established Support at $0.0875.
3. In Bullish Ascending Triangle Pattern.
4. RSI at 59.00 and Below Moving Average, Does not Support Long.
5. Long here and place protective stop under 30EMA. 1:3 R/R.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
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.
DOGE → A Rip to $0.10! Will We Continue to $0.15 and Beyond?Dogecoin ripped through the $0.88 Resistance, found support on it, then blasted through the next resistance of $0.10! My previous analysis projected this outcome and successfully closed the proposed trade. Where does the Doge price go from here?
How do we trade this? 🤔
We're now zooming out to the Weekly candles to see where the next Resistance Zone is and it appears to be in the $0.15 to $0.16 range. That's a 50% increase in price from where we are now! To take advantage of that range, we need to take a breath after those last few Daily bull candles and wait for a pullback.
This Weekly candle needs to close bull followed by a bar or two of sideways price action. It's reasonable to zoom into the Daily chart for more detail and I'll provide updates on that chart here as the days pass. Once a pullback is completed and we have the proper signs of continuation, it's reasonable to long again for another 1:3 Risk/Reward trade!
Look for strong bull channel support or the 30EMA once it catches up to the price. RSI is also at 74.00 which supports at least a pullback. Be very careful here as it wouldn't surprise me if we get a rapid sell-off in response to the rapid buy. Markets are about balance and right now, we're a bit out of balance.
💡 Trade Idea 💡
Long Entry: $0.0990
🟥 Stop Loss: $0.08435
✅ Take Profit: $0.14300
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. Breakout of Bear Channel, Bias to Long!
2. Wait for Weekly Candle to Close Before Entering.
3. Test Bear Channel Support Means Higher Probability of Profit.
4. RSI at 74.00, Bias to Short.
5. Best to wait for pull back before entering.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
Doge Pay Day Possible Flag Forming on 15m towards top trendlineThe Flag is kind of sloppy but it can be blamed on BTC and market movements just an idea here because if you measure how much the flag gives you it brings us exactly to the upper trendline for another possible 3rd touch and possible breakout again or of course rejection
You can see my other Doge Chart below where I called the breakout perfectly reaching 100% of the target originating from invesrse H&S
I do stress caution and to take profits along the way as doge has been swinging around on dips from bitcoin
DOGE → Breaking Resistance to $0.10? $0.15?? Let's Clarify.Dogecoin is knocking on the door of the Resistance Zone looking to hit the next price targets. We're currently in an ascending triangle which is bullish, will Doge break out?
How do we trade this? 🤔
There are several reasons to be bullish; Bullish Macro Trend, Ascending Triangle pattern, Above 30EMA and 200EMA Ribbons, RSI above the Moving Average, and Bitcoin broke out of its Weekly Resistance. That's quite the list of reasons to get long! But should we long now?
There is one important reason we shouldn't long; we're at resistance. Never long resistance! We should wait for resistance to be broken and then tested as support before entering a long position. Once broken and support has been tested, long around the $0.89 area and set a 1:3 Risk/Reward. I recommend selling half of your position at 1:1 Risk/Reward, moving the stop loss up to your entry price, then swinging the rest of the position to at least 1:3 Risk Reward or until you see a reversal signal.
The immediate target after breaking resistance is $0.10 but if the market takes off, we could see highs up to the next major resistance around $0.15.
💡 Trade Idea 💡
Long Entry: $0.888
🟥 Stop Loss: $0.8620
✅ Take Profit #1: $0.9140
✅ Take Profit #2: $0.9666
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. Ascending Triangle, Bias to Long.
2. Two Rejections, Third one is underway.
3. Wait for a Break of Resistance and a Test of Support Before Longing.
4. RSI at 63.00 and below Moving Average, Short-Term Bullish.
5. Long Above Resistance, Stop Loss Below Resistance Zone.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
DOGE Sunday FunWave - 1H chart: 2% - 5% quick profit scenarioHi Traders,
I catched a heavy bullish sign with the 1H DOGEUSDT chart.
Stoch RSI extreme bullish
We are above the GREEN ichimoku cloud which is a good thing.
Downtrend probably flips to uptrend.
The exact movement can be observed in the chart.
I will try to hit this, but not leave my position overnight, because on a bigger scale, in 1D and especially in 1W, i am extremly bearish.
Share yours!
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! 🚀🌕
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!
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!" 🚀
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!
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 ready to godoge looks to be flagging and ready to break its long down trend
longing doge and looking for a nice breakout
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin (DOGE) fell by as much as 3% on Tuesday, as bearish sentiment returned to cryptocurrency markets.
DOGE/USD dropped to a low of 0.06163 earlier in the day, following a high of 0.06329 the day prior.
The decline came as the meme coin failed to move beyond a key resistance level at the 0.0640 level.
it appears that the downward pressure came after the relative strength index (RSI) slipped below a floor at 47.00.
the index is tracking at a reading of 44.37, with the 40.00 mark a potential target for sellers.
Should this point be hit, there is a strong possibility that dogecoin will be trading below the 0.06000 region.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin (DOGE) has rallied after two days of decline.
DOGE/USD reached a peak of 0.06117 early in the day, following a low of 0.06027 a day earlier.
the move was made after DOGE bounced off recent price levels at 0.0600.
it looks like the next target will be around the 0.06369 area, which was last hit exactly a week ago.
To reach this point, price strength would need to climb above the current reading of 42.52, and move closer to the ceiling of 44.00.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
DOGE - any news are coming?Decided to make a TA about the Doge coin.
Looks so far pretty interesting.
On RSI I can see some bullish divergence is forming. On D TF I can see that the coin found a support on the support line (blue line) that I drew. And so far it bounced 3 times already.
As usually I will give you several possible scenarios that can play out.
1. The coin bounces until W FVG above 0.07$ and rejects from there, it means it doesnt close with at least 12H TF above 0.07$ and returns back to the level from which it started its upward direction.
2. The coin bounces from current prices, and comes to W FVG at 0,07$ and manages to close with 4, 8 , 12H or D candle above that FVG level. And in this case, after retesting the FVG level, it may bounce up to another W FVG level at 0.09$, where the coin can face the bear reaction.
3. This scenario is the least optimistic, the coin doesnt manage to touch 0.07$ price level and dumps until support line and closes with 1, 4, 8, 12H candle or D candle below the 0.055$ level in this case the coin may go even lower towards to 0.05$ and below.
Will Musk Safe DOGE?After bouncing from W FVG support level 0.055$, #DOGE bounced right to another W FVG resistance level that you can see on the chart.
Breaking above that resistance, will open the way towards to another resistance (blue line that you can see), or 0.076$ where we can also see bear reaction. (look at number 2 black line)
One more Positive scenario is that the coin breaks above the blue line resistance, then it can bounce up towards to 0.085$ (look number 3 line)
Other way is that #DOGE cant manage to break through 0.068$ in this case it drops until 0.054 and below ( look at number 1 line)
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.
DOGE/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin went down for the second session in a row.
DOGE/USD started the week down to a low of 0.07409, having touched a high of 0.07615 the day before.
Since hitting a multi-week high of 0.0776 on Saturday, Dogecoin has traded mostly in the red, seemingly due to massive profit-taking.
This phase of bearish pressure seems to be pushing the price toward key support near the 0.0730 area.
the 14-day Relative Strength Index (RSI) is hovering near its own floor, at 50.00.
the price strength is seen at 50.35, MEM coin is now trading at 0.07458.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
WARNING: Upcoming middle finger formation incoming!In the world of cryptocurrency trading, there's a peculiar phenomenon surrounding DOGE, which may not catch the attention of casual observers. Referred to as the "middle finger formation," it has the potential to unfold unexpectedly, leaving retail traders unable to capitalize on a sudden surge in value. The term itself derives from the shape the price action takes, resembling an upward wave that defies conventional technical analysis methods, making it difficult for many traders to anticipate its occurrence.
This enigmatic formation holds the promise of an unforeseen pump, catching even the most experienced traders off guard. Its nature as a hidden opportunity adds to the intrigue, as only a select few are truly aware of its existence and can exploit its potential. Consequently, this presents a challenge for those seeking to predict and profit from market movements.
Therefore, it is essential for traders to remain vigilant and prepared for unexpected market fluctuations. Stay alert, for it is when you least expect it that the "middle finger formation" may manifest, bringing forth a sudden and significant surge in DOGE's value. In the volatile world of cryptocurrency, luck and preparedness play crucial roles in navigating the unpredictable landscape.
Good luck to all traders as they navigate the ever-changing tides of the market, especially in the face of this mysterious and elusive phenomenon known as the "middle finger formation."
