DOGEUSD Its Parabolic Growth Channel targets minimum $3.500.Dogecoin (DOGEUSD) is having an excellent bullish run since our last buy signal (October 17, see chart below), hitting all targets in the process:
As the price broke above Resistance 2 as well, we now zoom out to the long-term charts again (1W time-frame) where Doge's historic trend is more clearly displayed. The underlying pattern that it may have gone unnoticed is a Parabolic Channel, which we call Doge's Parabolic Growth Channel (PGC).
This Channel encompasses all of Doge's Cycles and only broke once (to the upside) peaking during last Cycle's mania (April 2021). Furthermore, this week the 1W MA50 (blue trend-line) will complete a cross above the 1W MA200 (orange trend-line), forming the 1W Golden Cross, technically a very bullish pattern.
The last time this was formed was on the week of December 28 2020, right when the Bull Cycle's Parabolic Rally (green Rectangle) started. That reached the 1.618 Fibonacci extension and as mentioned rose even further, breaking above the PGC. The 1.618 Fib is of high importance as this is where the January 01 2018 High of the first Cycle was priced.
At the same time, the 1W RSI is already on a Bullish Cross since the week of October 07 2024, which is exactly what happened again during the previous two Cycles, where it preceded the Golden Cross of the price.
As a result, we believe that Doge has started its Parabolic Rally, the final and most aggressive part of the Bull Cycle, and based on the previous 1.618 Fib peaks, we are expecting at least a $3.500 High.
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Dogeusd
Dogecoin - Get In Now Before It Hits $10!Dogecoin ( CRYPTO:DOGEUSD ) is about to repeat another bullish cycle:
Click chart above to see the detailed analysis👆🏻
Dogecoin just broke out of the previous bear market triangle pattern and is starting its next major bullrun. Looking at market structure, price action and previous cycles, Dogecoin could even hit two digits after is manages to break above the all time high. You know what's possible.
Levels to watch: $0.1, $0.2, $0.5, $10
Keep your long term vision,
Philip (BasicTrading)
Doge SellAhmadarz analysis based on the DOGEUSD chart:
Chart Analysis:
Resistance Zone (Sell Zone): Around the $0.22–$0.23 range, there's a visible resistance level where sellers could potentially take control. The price has approached this upper zone but appears to lack momentum for a breakout. This level is marked in red on the chart and labeled as the "Best zone for Sell."
Support Zone (Buy Zone): The support zone lies closer to $0.115, with the area marked in green as the "Best zone for Buy." If the price falls to this level, it might attract buyers, providing a good potential entry point for a rebound.
Current Price Action: The price recently made an upward push but faced rejection near the resistance zone, suggesting a potential trend reversal or correction. The price is in a consolidation phase, bouncing around near the resistance line. A drop could lead the price back down toward the buy zone.
Trading Signals 📉📈
Sell Signal: If DOGE/USD continues to face resistance around the $0.22–$0.23 level, consider a sell entry in this range. Confirmation with candlestick patterns like bearish engulfing or a clear rejection might add more strength to the signal. 🎯 Target for this position could be near the next support zone around $0.15.
Buy Signal: If DOGE/USD declines towards the $0.115–$0.12 support level, this could offer a buying opportunity for a rebound. Buyers should watch for a bounce or bullish patterns near this level. 📈 Set a target around $0.15–$0.17 for potential gains.
Risk Management ⚖️
Stop-Loss for Sell: If entering a sell position near $0.22, a stop-loss around $0.23 would limit potential loss if price breaks out of the resistance zone.
Stop-Loss for Buy: For buy entries near $0.115, a stop-loss below $0.11 would be a protective measure if the price continues down.
Sell Signal 📉
Entry: $0.22 - $0.23
StopLoss: $0.235
Targets:
TP 1: $0.20
TP 2: $0.18
TP 3: $0.15
TP 4: $0.12
Conclusion 📝
This chart suggests a range-bound scenario with key levels to watch. Traders could look for sell opportunities near resistance and buy opportunities at support.
DOGE: A Bullish Rally or Another Trap? What You Need to KnowYello! Could we be on the verge of a major #DOGEUSDT rally? Or is another fake-out looming? Let's dive into the latest analysis of #Dogecoin!
💎#DOGE is currently displaying strong potential for a bullish continuation from a critical support zone at $0.096. We've been tracking #Dogecoin closely as it follows a falling wedge pattern, and it now appears ready to break above the descending resistance line. The next target? Internal resistance at $0.151 — a key level that could set the stage for a bigger move.
💎If #DOGEUSDT holds strong at this critical support, we might witness a significant rally, echoing previous market surges. A breakout above $0.151 could pave the way for an advance toward the next resistance zones, potentially driving the price even higher.
💎But here's the catch... It’s essential to stay cautious. If momentum weakens at this support, we could see a pullback to the lower support area around $0.080-$0.087.
💎Keep a close eye on CRYPTOCAP:DOGE ’s price action! A daily close below this demand area could invalidate the bullish scenario and trigger further declines.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
DOGE Long Scalp IdeaLonging DOGE here since it is retesting the POI Zone here the second time. Entering with a tight SL.
Entry Price: 0.18963
SL: 0.18550
Target Price: 0.21 (With Trailing SL)
I'll be taking profits on the way up and trimming position.
The Risk/Reward here is almost 6 so it's worth it IMO.
If the SL get's hit, the next possible entry would be at the "M5 Key Level" marked on the chart.
Good luck!
Dogecoin DOGE price in front has a hard way to goNo matter how hard Elon Musk tries to pump up CRYPTOCAP:DOGE with his tweets, he hasn't been able to repeat his phenomenal “achievement” of 2021.
Currently, OKX:DOGEUSDT price is trying to gain a foothold above the first strong mirror zone, above $0.11. If it succeeds, the upward trend will continue and the next strong mirror zone of $0.17-0.20 will be waiting for it.
We know that many “long-term investors”, many of them unwillingly, are waiting for the price of the “father” and pioneer of all #Dogecoin memecoins to reach at least $0.41-0.51, and ardent fans are waiting for $1.
Do you believe it is possible? What are your goals for OKX:DOGEUSDC price?
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Understanding the Dogecoin Hype: What Sets It Apart from BitcoinWhile Bitcoin, the cryptocurrency titan, Dogecoin, the meme coin birthed from a joke, has defied expectations and surged upwards. This unexpected surge has piqued the interest of investors and crypto enthusiasts alike, prompting the question: Why is Dogecoin rising while Bitcoin is falling?
The Elon Musk Factor
One of the primary drivers of Dogecoin's price surge is the unwavering support of tech billionaire Elon Musk. Known for his penchant for cryptocurrencies and his playful tweets, Musk has repeatedly endorsed Dogecoin, often referring to it as his "favorite cryptocurrency." His influence over social media and his massive following have propelled Dogecoin to new heights, attracting a dedicated community of "Dogecoin Army" supporters.
The Meme Coin Phenomenon
Dogecoin's rise can also be attributed to the broader meme coin phenomenon. Meme coins, often born from internet memes and viral trends, have gained significant traction in recent years. These coins, including Shiba Inu and Pepe Coin, have capitalized on social media buzz and community-driven enthusiasm. Dogecoin, as the original meme coin, continues to benefit from this trend.
Diversification and Risk Appetite
As Bitcoin's price fluctuates, investors may seek diversification within the cryptocurrency market. Dogecoin, with its relatively low price and high volatility, can be an attractive option for those looking to speculate and potentially earn significant returns. Additionally, as the broader cryptocurrency market matures, investors are becoming more comfortable with risk, leading to increased interest in meme coins like Dogecoin.
The Role of Exchanges and Trading Platforms
Cryptocurrency exchanges and trading platforms have played a crucial role in popularizing Dogecoin. By listing Dogecoin and providing trading pairs with major cryptocurrencies, these platforms have made it easier for investors to buy, sell, and trade the coin. The increased liquidity and accessibility have contributed to Dogecoin's price surge.
The Future of Dogecoin
While Dogecoin's future remains uncertain, its recent price surge highlights the unpredictable nature of the cryptocurrency market. The coin's success is largely driven by social media sentiment, Elon Musk's endorsements, and the broader meme coin phenomenon. As long as these factors remain positive, Dogecoin could continue to defy expectations and achieve new heights.
However, it's important to note that investing in cryptocurrencies, including Dogecoin, is highly speculative and carries significant risks. Investors should conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
In conclusion, Dogecoin's rise amidst Bitcoin's fall can be attributed to a combination of factors, including Elon Musk's support, the meme coin phenomenon, diversification, and increased liquidity. While the future of Dogecoin remains uncertain, its recent performance has demonstrated the power of community and social media in shaping the cryptocurrency market.
Dogecoin Huge Breakout - $1 Moonshot Ahead! DOGE Coin CRYPTOCAP:DOGE has just completed a powerful technical breakout after bouncing off strong support, surging beyond its long-standing consolidation channel. This move signals a potential start of an exciting bullish trend that traders and investors have been eagerly awaiting. The breakout has been confirmed by significant volume, adding credibility to the potential for further gains in the coming days.
The growing hype around MEME Coins is providing additional momentum for $DOGE. With widespread community enthusiasm and continued support from influential figures like Elon Musk, the coin could see rapid upward movement. The upcoming U.S. elections might also act as a catalyst, influencing CRYPTOCAP:DOGE ’s price action as broader market sentiment plays a role.
In terms of price targets, CRYPTOCAP:DOGE is currently eyeing $0.20 in the short term. For the mid-term, traders should watch for potential moves toward $0.50, while long-term expectations are set around the highly anticipated $1 mark. With such high targets, CRYPTOCAP:DOGE may see explosive gains, but as always, risk management is crucial. Setting a proper stop loss is essential to protect against volatility, ensuring you ride the wave while keeping your capital safe.
Given the strong technical breakout and current market conditions, something big seems to be on the horizon for $DOGE. Buckle up, because the next move could be massive!
DOGEUSD: 1D Golden Cross calls for a massive rally.Dogecoin is bullish on its 1D technical outlook (RSI = 61.126, MACD = 0.011, ADX = 42.839) and is close to forming a Golden Cross on the 1D timeframe. That would be the first one since a year ago (November 2023) and technically it is a very bullish signal. The RSI pattern prompts to the November 2020 Golden Cross, which was formed also after a series of Golden Crosses since 2019 and after a Channel Down, which when broken to the upside initiated the massive rally of 2021. We can say that a 'conservative target' now is the 2.0 Fibonacci extension (TP = 0.64200).
See how our prior idea has worked out:
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DOGE Breakout Alert!Ready to ride the DOGE waves?
Here’s the scoop: if DOGE slips under $0.14, we could see a mellow glide down to $0.10. But if we catch some momentum and pop past $0.165, we’re in for a serious ride to $0.1756 and possibly cruising up to $0.1879! Hang loose and stay tuned for the moves!
Kris
$DOGE to the moon?CRYPTOCAP:DOGE is trading as one of the most bullish coins in crypto.
The idea is around Trump winning the elections in the US. If it happens, which I think will play out based on how stocks/crypto are trading, I think DOGE will be one of the best places to be positioned.
My entries were $.144 and $.150.
I marked off resistance levels should we see a Trump win in the election.
Below $.14 and I'd likely get out of the trade.
Let's see what happens tomorrow and Wednesday.
#DOGE/USDT#DOGE
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.1420
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1475
First target 0.1568
Second target 0.1650
Third target 0.1728
DOGE To Mars - The Elon RideDOGE got a memorable boost with the previous FOMO.
With the Crypto Markets preparing for the next boom, I think this one will go again.
This dog went to the Moon, now Elon's gonna take it to Mars.
I will not hesitate to get my hands on this Dogecoin at the $0.03-$0.01 range.
DOGEUSD ( DOGEUSDT , DOGEBUSD ) Tech. Analysis:
* Elliott Wave Impulse: Cycle A (white)
* Elliott Wave Correction: Primary A-B-C (red)
* Ending Diagonal: Primary C (red)
* Bullish Divergence
* Demand Zone
* 88.6% Fibonacci Retracement
* 61.8% Fibonacci Extension
* Double Bottom
It might take a while, but it proved to be a nice meme coin.
So, might as well get some if it provides a better level.
DOGE, Very sensitive to a PUMP NOW... All signs flashing!DOGE is flashing all hints of an upside squeeze. This coin will be very sensitive to a pump now -- be prepare.
Massive accumulation is happening at this moment.
Daily data is conveying significant price shift.
KEY NOTES:
Descending trendline break.
Tripple bottom bounce -- solid support base.
Increasing net buy volume.
Spotted at 0.072
TAYOR.
Safeguard Capital always.
The One&Only BTCUSD update price fractal V-shape recovery 74 000🔸Hello traders, today let's review 4 hour price chart for BTCUSD . This is
no-nonsense update with no MACD, no RSI, no fibonacci, no elliott waves
on the price chart. Just pure price action with logical price targets based
on recent price history of the BTCUSD.
🔸On the right we got two major recent V-shape recovery price fractals
in BTCUSD, the latest was in September 2024, high at 64 300 then low
was printed at 54 146 after 17% pullback. Then low to new high at 66 114
completed the V-shape recovery sequence for a 23% gain off the lows.
🔸Other V-shape recovery also started off with the high near 72 994
then 17% pullback and low was printed at 61 919, so this was a 16% pullback
off the highs. Then the low to new high at 72 520 completed the V-shape
recovery sequence for a 19% gain off the lows. This was in March 2024.
🔸On the left, the current market situation high was set at 72 680
expecting a low at/near 61 969, so this is a 16% pullback off the highs.
Then to complete the V-shape recovery price will pump 20/21% off the lows
resulting in new high printed at/near 74 600 usd to complete the
V-shape recovery sequence.
🔸Recommended strategy bulls: wait for pullback to complete near 62 000 usd and enter BUY/HOLD trade with price target set at/near 74 000 USD.
for a total of 20% unleveraged gains with low risk. good luck traders!
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🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Doggy Style- I mostly use some specific projects to try to predict the next " Altcoin Rally ".
- I typically use Cardano or Doge because they are older and I can use indicators from earlier times.
- Yes doge is meme, but all altcoins are also Memes until they have a real use case right ?
- so you remember this BTC post i made in 2022 ? ( please check it )
- So this is almost exactly the same but with this graph i use :
- Tenkansen ( Yellow line )
- SenkouSpan ( Green line )
- so now check the compressing descending trend.
- check now both lines ( Yellow and Green ).
- Notice when the yellow line cross down the green, we go bear.
- Notice when the yellow cross up the green, we go bull.
- So what we can deduct? - Altcoins are not yet Bullish.
- But remember Altcoins will go parabolic at one point and you want to be there!
- When? - anyone knows the exact date but you need to understand " The Delay ".
- i will post in comments same chart but i will use BTC with same technic and you will get that BTC is already bullish.
Happy Tr4Ding !
BTC buy dips TP 70 000 USD Octoberfest🔸Hello traders, today let's review 3 hour price chart for BTCUSD . Bitcoin trading sideways over last 7 months with extremely low volatility. Having said that, low vol always precedes high vol periods, therefore it makes sense to prepare for the new BTC move in advance.
🔸BTC stop loss clusters located at 71 000 usd / 73 000 usd / 76 000 usd.
Expecting bulls to trigger stop sweeps near overhead SL clusters.
Therefore expecting more gains in this market in October.
October is also a decent months for BTC bulls based on recent data.
🔸Recommended strategy bulls: wait for pullback to complete near 59 000 / 60 000 usd and confirm reversal signal with RSI/price div on 3 hour chart and/or use any other systems/indicators to confirm reversal. BUY low close to 60 000 usd, stops fixed at 57 500 USD, TP1 bulls is 65 000 USD TP2 bulls is 70 000 USD, 15% upside in this trade setup without leverage. break below 57 500 usd invalidates bullish outlook. good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
#DOGE/USDT is up 123% already. It's just getting started!I posted about DOGE on August 9th when it was trading around $0.104, recommending an accumulation zone on the chart. The trigger zone was set at $0.11, and DOGE has since broken above long-term resistance, retesting the new support level for weeks.
If you bought the dip, you're likely seeing around a 123% profit from the low. Even if you didn't catch the exact bottom, most are sitting on 70%-90% gains, depending on the entry.
Here's why I believe DOGE can still perform well and possibly reach $1 in the coming days:
1. **Breakout Retest:** DOGE has broken out of its long-term accumulation channel and is now retesting that breakout.
2. **Weekly Doji:** A strong weekly Doji recently formed, suggesting increased buying pressure.
3. **Elon Musk Factor:** Musk could push DOGE again, potentially after this year's U.S. presidential election.
4. **Key Moving Averages:** DOGE is trading above the 200 EMA and is holding above the 100 EMA, signalling strength.
5. **RSI Indicator:** With an RSI around 55, there’s still plenty of room for growth.
6. **MEME Coin Season:** MEME coins, led by DOGE, are thriving this season, and the next bull run could further boost DOGE.
7. **Bullish Indicators:** Several technical signals suggest a potential bullish move.
My Plan: I’m holding DOGE on spot for the next 6 months and accumulating on any dips.
Remember, this isn’t financial advice. Do your own research before making any decisions.
---
What do you think—can DOGE 5x from here, or is it just hype? Let me know your thoughts, and hit the like button if this was helpful!
Dogecoin's Resurgence: A 5-Month High Amidst Market Bullishness
Dogecoin (DOGE), the meme coin with a loyal following, has experienced a significant surge in price, reaching a five-month high of $0.168. This bullish momentum aligns with the broader cryptocurrency market's upward trend, fueled by various factors including increasing institutional adoption, positive regulatory developments, and growing interest from retail investors.
The Factors Driving Dogecoin's Rise
1. Market-Wide Bullishness: The cryptocurrency market has been experiencing a period of sustained growth, with many digital assets witnessing substantial price increases. Dogecoin, as a popular and well-known meme coin, has naturally benefited from this broader market trend.
2. Increased Exchange Inflows: A notable factor contributing to Dogecoin's price surge is the increase in exchange inflows. As more investors and traders buy and hold DOGE, the demand for the coin rises, leading to higher prices. This influx of capital into exchanges can be seen as a positive indicator of market sentiment.
3. Strong Community Support: Dogecoin's vibrant and dedicated community has played a crucial role in its success. The community's enthusiasm and active participation in various online forums and social media platforms have helped to maintain interest in the coin and drive its price.
4. Potential for Future Utility: While Dogecoin began as a joke cryptocurrency, it has evolved to become a legitimate digital asset with potential real-world use cases. As the cryptocurrency industry continues to mature, Dogecoin may find new applications, such as payments and tipping, which could further boost its value.
5. Technical Analysis: A Bullish Outlook From a technical analysis perspective, Dogecoin's recent price action suggests a strong bullish trend. The coin has broken above key resistance levels, indicating that buyers are in control. If the current momentum persists, Dogecoin could potentially reach even higher price targets.
However, it is important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Investors should conduct thorough research and consider their risk tolerance before investing in Dogecoin or any other cryptocurrency.
Conclusion Dogecoin's recent price surge to a five-month high highlights the unpredictable nature of the cryptocurrency market. While the meme coin's future remains uncertain, its strong community support, increased exchange inflows, and alignment with the broader market's bullish sentiment have contributed to its recent success. As the cryptocurrency industry continues to evolve, it will be interesting to see how Dogecoin adapts and whether it can sustain its upward momentum.
Little Doge- First i am not a fan of Memes Coins, but i hodl some from few years.
- i started with few bucks.
- Remember prices are just what peoples believe in.
- A good exemple is Gold, anyone can eat Gold, but peoples buy it because they believe in it.
- Peoples believe in Elon Musk Tweets or change Twitter logo.. then Doge up!
- i just believe he's an opportunist, but a great businessman.
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- so let's do some quick Maths :
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- if you bought 1000$ of Doge in 2015 Bottom.
- you could have made : 888000%+
- Sold Doge at ATH you could have made : 8,800,000$+ (yep...)
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- if you bought 1000$ of Doge in 2019 Bottom (excluding Covid19 Dip)
- you could have made : 34000%+
- Sold Doge at ATH you could have made : 340,000$+
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- if you bought 1000$ of Doge in 2022 Bottom.
- you will possibly make : 10000% (potentially 5$)
- Selling Doge at the good time (ATH), you will possibly make : 100,000$
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- To conclude, you will never make the same money as peoples did some years ago, but you still have some opportunities to make great money.
- Some peoples will FUD about Doge, but i am 100% convinced that they didn't buy it in 2015...
- Don't forget Cryptos are risky. invest only what you can afford to lose.
- More you are gambling in "crazy projects", more you are taking risks, more you could be strongly rewarded, or lose everything!
- " The biggest risk in life is not taking any risk "
Happy Tr4Ding !