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Dogeusd

DOGE can ascend further!Hi COINEX:DOGEUSDT Today, I want to analyze DOGE for you in a weekly time frame so that we can have a mid-term view of DOGE regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). DOGE formed a rounding bottom on weekly timeframe🤔 Up we go if we do breakout ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - AB=CD - Rounding Bottom Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
On large time frame charts when using Fibonacci ratios...Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DOGEUSD 1M chart) To understand the overall wave, we analyzed it using TradingView's charts. The key is whether the price can be maintained by rising above 0.22393, which is the upper point of the box section of the HA-High indicator. Accordingly, we need to check if it is supported and can rise around 0.707 (0.20689) to 0.786 (0.22377). Due to this rise, it is expected that a new HA-High indicator will be created next month. If that happens, an important question will be whether it can be supported and rise in the newly created HA-High indicator. ------------------------------------------------- (DOGEUSDT 1M chart) Currently, the HA-High indicator is formed at 0.13377. (1W chart) The area around 0.5 (0.15983) to 1 (0.26667) corresponds to the psychological resistance zone. Accordingly, the key is whether the price can be maintained by rising above 1 (0.26667). If it rises above 1 (0.26667), it is expected to rise to around 1.618 (0.39871). (1D chart) The key is whether it can receive support around 0.21597 and rise. If not, you should check for support around 0.20420. If it falls below 0.20420, 1st: 0.618 (0.18505) 2nd: 0.5 (0.15983) ~ 0.17001 3rd: 0.13377 You need to check whether you receive support around the 1st to 3rd positions above. If it falls below 0.13377, it is expected to turn into a downward trend. ----------------------------------------- Depending on whether it receives support or resistance at the Fibonacci retracement rate point, you can predict whether it will rise by two levels or decline. Accordingly, if it meets resistance and falls near 0.786, you can expect it to fall to around 0.618 or rise to around 0.886, depending on whether it receives support or resistance around 0.707. However, Fibonacci has the disadvantage of having to specify a selection point, so if the selection point is specified incorrectly, erroneous results may be obtained, so it is recommended to draw on a time frame chart as large as possible. This is because I believe that only then can the waves generated by fakes or whipsaws be filtered out. If you plot Fibonacci on a time frame chart that is too large, you may find it to be of little use due to the intervals being too large. However, I think there is no problem at all due to the nature of the coin market, which has large fluctuations. Rather, I think it plays a more accurate role of support and resistance. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
After hitting previous targets Doge now above invh&s necklinePrevious target was 21 cents which Doge has just recently hit and in doing so doge also create a larger inverse head and shoulder patterns which its price is currently above the neckline of now. Very possible the price dips back below the neckline once or twice before finally having the break above the neckline tat trigger the breakout of the inverse head and shoulders pattern, but as always its also possible it could validate the breakout on the current breach of the enckline. If it were to validate the breakout on this initial breach above the neckline, the next target woud be around 36 cents. *not financial advice*
BINANCE:DOGEUSD
by DrDovetail
An update on my dogeusd chart.Doge finally triggering the breakup from the tan channel after doing a fakeout the first time it got above the top trendline of the channel. Sizable pump that is already getting rather close to reaching the full target. We can also see that we have broken upward from the purple symmetrical triangle right at its apex which has an even high target. The current candle body resistance is also the top trendline of an even bigger triangle doge has been consolidating inside for awhile. We will have to break above it in order to hit the full target of the tan channels breakout, however it is still a good probability that once we hit the full target of the tan channel breakout, priceaction could then dip back down and still close inside of the bigger triangle pattern for awhile. Being at this almost hyperparabolic phase of the bull market though its also quite possible we retest the top trendline of the bigger triangle as support after hitting the full tan channel breakout target too, in which case doge would continue up from from here once it solidified that support and start working on validating the breakout of the bigger triangle.
BINANCE:DOGEUSD
by DrDovetail
4
DOGEUSDT: Primed for a Generational Rally - Prepare for Liftoff "DOGECOIN enthusiasts are on the edge of their seats as indicators suggest a potential generational rally, poised to catapult the meme-inspired cryptocurrency to new heights. With gains potentially reaching a staggering 33%, investors are advised to approach with caution, prioritizing profit-taking strategies and diligent risk management. Implementing stop-loss orders is paramount to safeguard against sudden market fluctuations. For those seeking expert guidance and precision timing, consider following a premium signal channel for sniper-like entry points. With meticulous planning and proactive measures, investors can seize the opportunities presented by DOGECOIN's impending surge while mitigating potential downside risks."
Long
by MOAZAM1133
Doge Howling at the MoonEvery cycle Doge wakes up & has a run past it's last high. With Bitcoin crossing it's last all time high & the market heating up it's due time for a nice run on Doge. This is confirmed by Doge breaking out of it's consolidation range & the Ichimoku cloud crossing & turning green. You may be wondering ok but where do we cash out? This is where the fib extension can lend a hand, applying it from the last high to the last low we can see the important levels. Nothing is guaranteed so it's important to see how price reacts to each level. Special attention should be given to the 0.5 and 0.6 extensions, if these areas don't cause price to reject back lower we should see price go back to test all time highs. Personally I'm looking at the $1 range to start de-risking and start cashing out.
BINANCE:DOGEUSDLong
by sachu_blessyou
DOGE/USD T Bullish Momentum, Support Zones, and $1.60In this DOGE/USD trading analysis, we examine the market movements since 2021, highlighting the rapid rise in price that surpassed the previous all-time high (ATH) and extended into the TP (take profit) zone. Identifying major structural zones on the line chart, a common pattern emerges, signaling another potential bull run for this cycle. Support has been established around the $0.05 level, confirmed across weekly and monthly timeframes, after hitting our TP zone and displaying strong momentum. While we may have missed the ideal loading zone, indicated by the break through the bullish flag pattern, attention is drawn to potential loading zones around the $0.17 or $0.10 levels. A less likely scenario involves a retest of the $0.05 level, with the $0.10 mark showing stronger structure on the weekly timeframe. Current TP levels are set at $1.60, but caution is advised regarding the previous ATH, which may act as resistance. Scalpers should be cautious around the TP level, considering the previous TP level was surpassed. As always, it's essential to acknowledge that trading involves inherent probabilities, and the analysis provided here does not constitute trading advice. Traders are urged to conduct thorough research and manage their risks accordingly. Dollar-cost averaging is underscored as a prudent approach, with a reminder that investing often yields better results than frequent trading. Wishing all traders success and profitable trades. Keywords: DOGE/USD, trading analysis, bullish momentum, support zones, TP levels, loading zones, bullish flag pattern, resistance levels, dollar-cost averaging, investing, risk management, trading advice, scalping.
BINANCE:DOGEUSDLong
by PlutusX
Continue the trend! This correction pattern is enoughDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody
KRAKEN:DOGEUSDLong
by mehdi47abbasi79
DOGE Dogecoin May Be In For A Deeper CorrectionShort term Doge looks like its in trouble. It looks like a big move down is imminent. Bearish pennant, bearish cross 50 over the 100. A significant move down in Doge and the whole market is about to happen in my opinion. I could be wrong and this is a fake out and we blast to the upside but look at Litecoin and what happened when the 50 crossed over the 100 just recently and now the 50 is crossing over the 200 on Litecoin. If Bitcoin drops to 50s then expect this to happen 100% and possibly even lower targets as the new people who just got in with their rent money sell at the bottom. Could be a fire sale if a person is in the right place at the right time. Not financial advice just my opinion , Good luck out there A closure above the 100 SMA blue line and then the previous high on a 4 hour candle would invalidate this whole thing and Doge will continue its rally to crazy new all time highs. Im leaning towards a correction on this one. WEAR AN EXTRA SHIRT IN CASE YOU LOSE THE FIRST ONE :)
BINANCE:DOGEUSDShort
by Bitgolder
48
DOGE's Ten Year CycleHello all, The below information contains my thoughts on DOGE. Also, it's not trading or financial advice. I find DOGE to be one of the more repetitive altcoins out there due to its past performance and similar chart patterns as you can see on my chart. Since, September 2014, DOGE appears to go into 40 month cycles, as evidence from Sept 2014 to Jan 2018, and again from Jan 2018 to May 2021. The next 40 month cycle or phase 3, would be from May 2021 to Sept 2024; in other words, this is an overall 10 year cycle (Sept 2014 to Sept 2024) that is undergoing development. DOGE's highest market cap ever was reached in May 2021 ($103.16 B). If you see the target (~ HKEX:11 ) for Sept 2024, that would be a market cap of ~$1.5278 T! That's a pretty insane market cap considering BTC's highest ever market cap was ~$1.16 T in Nov 2021. In phase 1, the DOGE's consolidation period was 13 months before a large move up; in phase 2, the consolidation period was 18 months. If we use either of those two number for our phase 3 breakout, that would put us somewhere between Nov 2023 to Apr 2024. That can be detrimental to the psyche of a permabulls as that's another 7-12 months of sideways action. So now what? We just sit on the sidelines until a breakout? That can be one option, but the other can be to sell at range highs $0.127 and buy at range lows $0.675. Those are upwards swings of 91% (if you bought at range low and sold at range high) or a solid downward move of 48% if you want to short at the range high. I think either way you look at it, the best option is to DCA through 2023 and wait for 2024. I would like to hear your thoughts on my analysis or your own analysis of DOGE over the coming 12 months. thank you and keep those bags safe!! tg
BITTREX:DOGEUSD
by Griffin0318
2
Are we close to the end of Dogecoin's uptrend?✏️By examining the trend in the four-hour time frame, Dogecoin has the resistance range of the ceiling of the downward channel in the range of 0.1857-0.1785, and on the condition of maintaining and not registering any close candle time of four hours above it, it seems that the rate can reach The support of the bottom of the channel will decrease in the range of $0.1076, in the meantime, the support of the 78.6% Fibo will be seen at $0.1342.
Short
by arongroups
2
DOGE - still in bull channelthese white arrows show a significant feature... we are being controlled by the bulls, making our lows, just above the most recent major support level in white. The recent level argument has just raised a right arm, with a. Doji candle followed by an engulfing bullish candle. The right arm up micro monster is one of my favorite signals! . . and often results in continued upward movement. Though we have seen him get smacked of the edge of a cliff before too. Let's avoid that by all committing to Bullish sentiment for doge. If you are buying and selling, set your rebuys above the last foot. If you a re placing stoplosses, give them room to breathe, especially on the big levels where it could trigger an autopilot crash of stop losses not getting filled, cause of lack of buyers. remember... we are setting the price of DOGE right now as we trade it. If we all set our sells at $1.00 instead of $.20 guess what... thats the new price.. and if we all hold tight at that price, we can trade a bias the whole world of loving humans gets on board.... and then the pattern will propagate exponentially. So, if you love DOGE like I do, hold on tight and let's run him down the street! Show him off! tell the world about the coin of unconditional Love. sure to beat the coins of fear... greed... addiction cycle behavior with incredible volatility... enough to shake and crash the entire system. I Love. that is my commitment to the world. With-in that I find guidance and truth on infinite levels. the old hippies always were quoted as saying "love is the answer". and though doge coin is innominate idea (cannot love things that aren't alive. love is the life force), the way humans share love with dogs is as close to pure unconditional love that we get. Mans Best Friend.
CRYPTO:DOGEUSDLong
by DHLawrence
2