DOGEUSD started the Cycle's rally and can go x50.Dogecoin / DOGEUSD has crossed over the Bull Flag of the past 7 months, trading above both 1week MA50 and MA200.
This is what we have been calling as the 'October effect' since in Doge's 10 years of trading, most Octobers have ended correction phases that started aggressive rallies.
The ones every 4 years since 2016 have been the most aggressive.
Based on the previous two Cycles and their parabolic rallies, we believe it is possible for Doge to even go x50 from here.
Even 10x would be great from here but no matter your target, the essence is that Doge has started the new rally of this Cycle.
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Dogeusd
Dogecoin Analysis: Potential Cup and Handle Formationhello guys.
Pattern Identification: This chart suggests a potential "Cup and Handle" pattern, often considered a bullish continuation pattern. The rounded base forms the "cup," followed by a consolidation phase that could complete the "handle."
Support Levels:
The range between $0.05 and $0.07 shows strong historical support, providing a base for the current uptrend.
Additional support is seen around the 0.382 Fibonacci level, at approximately $0.0889, which aligns with previous resistance and current price action.
Resistance Targets:
If the handle pattern completes and breaks upwards, Dogecoin could potentially reach $0.38 and $0.52 as intermediate targets.
A breakout above the pattern’s neckline could lead to a long-term price target in the $3.80 area, aligning with the higher resistance levels shown.
Outlook: A successful completion of this pattern might signal a bullish reversal for Dogecoin, but confirmation is needed. If it fails to hold support levels, the price could retest lower levels, particularly near the 0.618 Fibonacci retracement.
BTC H4 pullback in progress // accumulate dips near 62 000 usd🔸Hello traders, today let's review 4 hour price chart for BTCUSD . We've
triggered overhead supply zone currently pullback in progress. Having
said that expecting limited downside before we get a reversal.
🔸Heavy stack of bullish s/r zones located at 62 000 / 63 000 / 64 400 usd.
bulls will defend those levels so downside beyond this zone is very limited.
fresh overhead supply at 71/73 000 usd so bulls will target this area
once we get a reversal after the current pullback.
🔸Recommended strategy bulls: wait for pullback to complete near 62 000 / 63 000 usd. BUY low close to 63 000 usd, stops fixed at 60 000 USD, TP1 bulls is 70 000 USD TP2 bulls is 72 000 USD, 18% upside in this trade setup without leverage. break below 60 000 usd invalidates bullish outlook. good luck traders!
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DOGE Dogecoin BreakoutIf you haven`t bought DOGE before the previous breakout:
nor sold the top:
Now you need to know that is primed for a new rally!
Dogecoin appears poised for a new rally after breaking out from a falling wedge pattern, a bullish technical indicator. The wedge typically signals a reversal from a downward trend, suggesting upward momentum. As the breakout solidifies, Dogecoin could target the $0.22 price level, a significant resistance zone. Strong buying volume following the breakout could fuel the rally, supported by renewed interest in the meme coin and broader market sentiment.
DOGE - Watch These 3 BULLISH SIGNSDOGE has given us THREE very bullish indications:
- Successful W-Bottom Pattern in the Daily
- Higher lows
Doge is also one of few alts that has been gradually making HIGHER HIGHS. This shows that the buyers have been driving the price up constantly.
Furthermore, the daily price has reclaimed and CLOSED candles above the 200d moving averages; another strong bullish sign:
With the current momentum and buying pressure showing up, it seems likely that DOGE will smash right through the next resistance zone as pointed out. (That is, naturally, IF BTC remains stable over the weekend).
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BINANCE:DOGEUSDT
DOGEUSD Hit its 1DMA200. Rejection or breakout? Pick your poisonDogecoin (DOGEUSD) hit yesterday its 1D MA200 (orange trend-line) for the first time since July 29. A little before that date on the last High (July 21), the Lower Highs trend-line started, which is currently exactly on the 1D MA200.
As a result today's pull-back is so far a double level rejection (1D MA200 and Lower Highs trend-line). As long as it stays intact, there are more probabilities to pull-back towards the 1D MA50 (blue trend-line) again, which held twice this month already (closed all candles above it). In that case, our Target is 0.11000.
If on the other hand the 1D MA200 breaks first, we will accept the loss on the short (tight SL anyway) and buy the break-out targeting 0.14380 (Resistance 1). The 1D MACD formed a Bullish Cross on Monday, which favors the bullish break-out.
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Dogecoin - This Leads To Two Digits!Dogecoin ( CRYPTO:DOGEUSD ) will hit two digits soon:
Click chart above to see the detailed analysis👆🏻
It is the third time that Dogecoin is creating the same pattern. A couple of months ago Dogecoin broke out of a symmetrical triangle pattern and is now retesting previous horizontal structure. After we see bullish confirmation on the smaller timeframes, the next parabolic rally will start.
Levels to watch: $0,12
Keep your long term vision,
Philip (BasicTrading)
DOGEUSD The new Bullish Wave is taking off.Dogecoin just turned bullish today on its 1D technical outlook (RSI = 58.168, MACD = 0.002, ADX = 16.620) after its 1D RSI spent the first 2 weeks of October sideways, forming the bottom. This is a bottom similar with late Aug-Sep and during that time the 1D MA50 held six different 1D candles. The pattern is a Channel Up the past 10 weeks and today's candle has confirmed the start of the new Bullish Wave. We expect at least another +43.58% rise from the bottom (TP = 0.14450).
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DOGE: No play zone inside the boxAs long as Doge ranges between $0.14 and $0.08, it is a no trade for me. I got stopped out back in august and ever since, haven't found a good entry spot. Price action is choppy and corrective. Each pump or dump are being met with resistance. I need to see a break beyond the box and a complete sequence in direction to enter the market with some confidence. On the upside, want to see a move above $0.17, better yet, a move above $0.22 and then a retrace back into the box to gain support. On the downside, want to see either a support on the trendline or break the trendline in 5 waves. If we see a support on the trendline, Doge might be in for a longer correction in a very large triangle.
Long story short, want to see something other than this drag to consider getting back in Doge.
DOGEUSD Are you people ready??We have recently viewed Dogecoin's (DOGEUSD) Cycles and mentioned why we expect it to start rising parabolically soon. What we haven't done but it's what we bring you today is those Cycles compared to the Cycles of the flagship of the crypto world, Bitcoin (BTCUSD).
We will keep it simple, because that's what the chart is, no need to complicate what's obvious with added terms and info.
As you can see, every time Bitcoin broke above its All Time High (ATH), Dogecoin was on a medium-term correction (though well within its Bull Cycle) under Lower Highs and marginally above the 0.236 Fibonacci retracement level. Once Bitcoin broke out, Doge did also only though much more aggressively and within a few weeks it reached its previous ATH.
Needless to say, it didn't stop there but went on to peak much higher. Once more, the market finds itself in the exact same position as before in history. Are you ready??
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$DOGE range strategy for 3000% runthe best place to buy doge has always been in the lower half of the breakout range (s/r flip) targeting the diag channel upper sell zone.
each low has been marked by sweeping the previous low within the diag buy zone.
in other words lower half range + buy zone = good buy
and breaking above previous range into sell zone = good sell
its a very easy strategy for opportunistic buying and selling.
DOGE at a Critical Juncture: Breakout Signals Potential RallyMarket Overview:
Dogecoin (DOGE/USD) has broken above a key diagonal trendline, suggesting a potential shift in its long-term trajectory.
The recent price action also includes a higher-high, and if a higher-low forms during the current pullback, it would solidify a short-term bullish trend.
Price Targets:
If the breakout holds, Dogecoin could target previous swing highs in the $0.13-$0.14 range.
Monitoring the volume profile is key, as strong buying volume will confirm the momentum of this breakout.
#Dogecoin #DOGE #CryptoAnalysis #BullishTrend #Breakout
DOGEUSDT Short Trade IdeaI'm tempted to take this trade here. Looking for DOGE to retest the previous highs from the top.
It's risky, but I like the risk/reward here. At this point, BTC seems to me struggling for a direction due to low volume, so I'm betting on a downward move over the weekend. Just going with what my gut says.
Depending on how the price moves, I'm planning to trim early if needed.
Entry: 0.12215
SL: 0.12905
TP1: 0.11108
TP2: 0.09989
TP3: 0.09275
Good luck and Happy trading!
DOGE PARABOLIC?? First, watch for these TWO CONDITIONS Dogecoin has been one of my top altcoins to watch for 2024, and it's likely going to be a key player in the parabolic runs during the next impulse wave UP.
If you've been following for a while, you'll know I've been anticipating impulse wave 4-5 around December ( according to Elliot Wave Theory). Across many altcoin charts, we see very clear bottoms as the prices are making their way to the fist major resistance zones.
We see it HERE, on Avax:
HERE on FETCH:
And even on ADA, Here:
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BINANCE:DOGEUSDT
DOGEUSDT remains above Key Level of 0.10DOGEUSDT has successfully broken and closed above the key psychological level of 0.1000. Currently, the price action is consolidating, with the market bouncing off this important level, suggesting a strong support zone. The recent false breakout below the psychological level likely helped the market gather liquidity, which could fuel further upward movement. Since early August, the market has been in a consolidation phase, and there is an expectation that the price will attempt to move toward the top of the range by breaking through the downward channel. The target is the resistance zone around 0.10800
#DOGE/USDT#DOGE
The price is moving in a descending channel on a 1-day frame and is sticking to it very well and is about to break upwards
We have a bounce from the lower limit of the channel at a price of 12.86
We have an upward trend on the RSI indicator, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 14.45
First target 19.00
Second target 22.90
Third target 28.30