🚀 $DOGE to 1$ + ! 📈Dogecoin (DOGE) has broken out from a macro triangle pattern on the weekly timeframe, attracting attention from traders. This analysis explores the implications of the breakout and projects a measured move to around $1.60. By dissecting the chart dynamics and considering market psychology, this analysis provides insights into DOGE's potential trajectory.
Introduction:
Dogecoin's breakout from a symmetrical triangle on the weekly chart signals a shift in market sentiment. This analysis aims to dissect the breakout's significance and forecast a potential target price using the measured move theory.
Chart Analysis:
The breakout above the triangle pattern's upper boundary is accompanied by increased trading volume, indicating strong market participation and bullish sentiment. This breach of resistance levels validates the bullish bias and sets the stage for further upside potential. 📈📊
Measured Move Projection:
Applying the measured move technique, the height of the triangle pattern suggests a target price of approximately $1.60. While this provides a theoretical target, traders should consider additional factors such as support/resistance levels and market conditions.
Conclusion:
Dogecoin's breakout presents opportunities for traders. With a target of $1.60 derived from the measured move theory, traders can strategize accordingly while considering risk management and market dynamics. 🚀🐕
Dogeto1dollar
DOGE$ 2 the Moon -15/NOV/23 is Elon Musk's Doge 1 rocket launchPart 2# Bullish Version
Hey all Doge coin community,
It looks like Doge's prices will fall by the end of the year, because on November 15th-23 of this year, Dogecoin needs the eKraft to get off to a flying start with Elon Musk's space mission to the moon. The course will literally explode, but there will be no new ATH! We won't see the new ATH until around 2030 in Klaus Schwab's Great Reset.
Until then you will know for now
DOGE: Road to 1 DollarComparison of Doge's PA in the 2 years leading up to the mega-run in early 2021 to recent PA over last several months. Obviously timespan is consolidated, but the same general price patterns have been pretty similar thus far. Question is, will it start deviating now, or will we see a big run-up in price here in the near future?
All credit to @PierreFX for the idea, just wanted to recreate the idea myself and share.
PS: With Elon buying twitter this last week, a potential catalyst for the run-up may be Elon assigning each Twitter account with their own Doge address/wallet and possibly enabling DOGE tipping for Twitter.
LONG DOGE - elon to carry ELON musk is the smartest man we have ever had walk the earth... the man is a genius. He is so smart i decided to take a 150k loan and put it alll in doge on x10 leverage. i willl be buying 1.5 million worth and longing it with a liquidation at .1235. thats impossible tho. elon is so smart buying twitter! he will integrate DOGE with it and itll moon past all top 10's. dont fade the smartest man on the planet. youll regret it and feel stupid and inferior to him .
(DOING THE OPPOSITE)
DOGE Weekly chart (the $1 climb)Here's the weekly doge chart that I used in the video the other day.
Something to think about.
If Bitcoin starts to hit the highs that everyone was talking about (200k,500k,700k, 1.2mil).. What would the altcoins start to look like?
$.10-$.12 starts to look pretty cheap
$DOGEUSDT #DOGE #DOGECOIN PT 49-69 and higher 💫💕🕊️Dogecoin Price & Market Data
Dogecoin price today is $0.182168 with a 24-hour trading volume of $6,015,015,111. DOGE price is up 15.8% in the last 24 hours. It has a circulating supply of 130 Billion DOGE coins and a total supply of ∞. If you are looking to buy or sell Dogecoin, Binance is currently the most active exchange.
Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo.
The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.
The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
Dogecoin in 2021
Fast forward today in 2021, Dogecoin has grown so much and have gathered the mainstream attention. It has become a meme that is used by the likes of Tesla billionaire, Elon Musk and even more so spunned off even more meme coins into the market.
On May 8th, 2021 the cryptocurrency recorded an all-time-high market cap of nearly $90 billion and trading at a price of $0.70 per DOGE. That is nearly +141,000% increase since its inception in 2013.
Dogecoin followers have always been asking if Dogecoin would ever reach $1. It is hard to say where the price action will go, but high volatility seem to be mainstay as the utility of the cryptocurrency remains unclear being a meme coin.
Where to buy Dogecoin?
You may buy Dogecoin on centralized exchanges such as Binance, Crypto.com, Coinbase, Bitfinex, and more.
$DOGEUSDT #DOGE #DOGECOIN PT 49-69 and higher 💫💕🕊️ Dogecoin Price & Market Data
Dogecoin price today is $0.182072 with a 24-hour trading volume of $6,001,773,329. DOGE price is up 15.6% in the last 24 hours. It has a circulating supply of 130 Billion DOGE coins and a total supply of ∞. If you are looking to buy or sell Dogecoin, Binance is currently the most active exchange.
Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo.
The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.
The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
Dogecoin in 2021
Fast forward today in 2021, Dogecoin has grown so much and have gathered the mainstream attention. It has become a meme that is used by the likes of Tesla billionaire, Elon Musk and even more so spunned off even more meme coins into the market.
On May 8th, 2021 the cryptocurrency recorded an all-time-high market cap of nearly $90 billion and trading at a price of $0.70 per DOGE. That is nearly +141,000% increase since its inception in 2013.
Dogecoin followers have always been asking if Dogecoin would ever reach $1. It is hard to say where the price action will go, but high volatility seem to be mainstay as the utility of the cryptocurrency remains unclear being a meme coin.
Where to buy Dogecoin?
You may buy Dogecoin on centralized exchanges such as Binance, Crypto.com, Coinbase, Bitfinex, and more.
WHAT IN THE $DOGE JUST HAPPENED?Did anyone else see that? $DOGE chart posted this big wick down candle at 4:35am (circled), followed by 8-9 minutes straight of no movement, no candles - it just sat there. Perhaps our best boy $DOGE decided to rest his legs for a few minutes prior to taking a long run up a steep hill. We'll find out soon enough!
HODL The Line. $DOGE to 0.10c ?Monday / Tuesday More People's Deposits Will Hit Their Accounts And They Can Buy $DOGE if the hype is still there (good chance it will be).
If by mid-week there's no momentum, I would trim existing positions.
Daily TimeFrame = Overbought, which is concerning.
1H TimeFrame = a lot of stars lining up for bullish run, but some stars lacking.
Trading Vol needs to pick up, we need to see a push above MAs. Perhaps the Bollinger Band Squeeze will have Technical Traders push the price up. Perhaps people were scrambling to fund their accounts before the week ended so they could buy doge? We will see. Not a long time hold, unless you get in on the lows and wait for the inevitable once-a-cycle DOGE pump :)