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Ride the SHIB Trend and Potentially Move Up with DogeAs an enthusiastic trader, you're probably aware of Dogecoin's incredible journey from being a mere internet joke to becoming one of the most popular cryptocurrencies. Its rise to fame has been extraordinary, capturing the attention of seasoned investors and newcomers alike. With SHIB making waves in the market, it's time to explore the potential connection between these two meme coins. While it's essential to approach meme coins cautiously, recent market trends suggest that SHIB might be riding on Doge's coattails. As Doge continues to gain mainstream acceptance and establish itself as a household name, it's not surprising to see other meme coins like SHIB piggybacking on its success. This positive correlation could lead to a significant upward movement for SHIB, making it an intriguing investment opportunity. So, why should you consider following the SHIB trend? Well, the answer lies in the potential rewards of early adoption. Like Doge, SHIB has garnered a loyal and passionate community, which has proven to be a driving force behind the success of meme coins. As more people jump on the SHIB bandwagon, the demand for this coin could skyrocket, potentially leading to substantial gains for early investors. I'm not suggesting putting all your eggs in one basket or abandoning your existing investment strategy. However, keeping a close eye on the evolving relationship between Doge and SHIB could provide you with an exciting opportunity to diversify your portfolio and potentially capitalize on the meme coin phenomenon. So, what's the next step? I encourage you to research, analyze market trends, and assess the potential risks associated with meme coins. If you find the correlation between Doge and SHIB intriguing, it might be worth considering a calculated investment in SHIB to ride the wave alongside Doge. Remember, the crypto market is highly volatile, and it's crucial to stay informed and make informed decisions. But with the right strategy and a sprinkle of excitement, you might find yourself riding the SHIB trend to potential gains.
Long
by bryandowningqln
2
DOGEUSDT high time frame overviewHere is a long term view of DOGEUSDT. The price is currently trading just under the monthly resistance MR1. It bounce in June from a strong support confluence of monthly and weekly support. Its facing the resistance MR1+WR1 which is also confluence of monthly and weekly resistances. Since the price has been rejected from the resistance, usually it is likely that it will go to the next support. But since there is no follow through after that first weekly red candle, things are looking different. The current weekly candle is still in formation and currently it is green but lets see how it turns out at the end of the week. In case it remains a green one and trades under that resistance zone, then likelihood of it going above is higher and the next target for the price should then be weekly resistance zone WR2 and probably monthly resistance MR2. If we close current weekly candle red, then highly likely we are headed for weekly support WS1 and this case is currently not having a strong ground. Anyways, lets keep a watch on this one.
Long
by angela_altair
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."
Long
by IvanKvHere
7
DOGE Dogecoin be a Part of Elon Musk`s X, the Everything App ?If you haven`t sold DOGE here: Then you should know that Dogecoin has gained significant attention and popularity in recent years, partly due to the support and endorsement it has received from influential figures such as Elon Musk. Musk's tweets and public statements have had a notable impact on the price and perception of Dogecoin in the past. Considering the rumors that Elon Musk allegedly wants Dogecoin as a currency on his "everything app" X, and his promises to turn Twitter into an "everything app," it's reasonable to assume that Dogecoin could potentially be integrated into Musk's future projects. If Dogecoin were to become a part of Elon Musk's X, it could potentially benefit from increased exposure, adoption, and utility. Musk's large following and the hype surrounding his ventures could attract a significant number of users to the app, potentially leading to increased demand for Dogecoin. My short term Price Target for DOGE Dogecoin is $0.085. Looking forward to read your opinion about it!
Long
by TopgOptions
1
DOGEUSDT - BUYERS Pushing Price UP 📈Hi Traders, Investors and Speculators of Charts📈📉 I'm happy to see that the price of DOGE is up since my last post on it. If you haven't checked it out; see the altcoins that I'm REALLY bullish on here : 👀 When the Indicator CryptoCheck START v3.5 shouts BUY in the daily timeframe as well as on the weekly timeframe, it's usually a very bullish sign. The next targets are between 0.104 and 0.113 as pointed out in the two timeframes. The one is the immediate local resistance zone and the other is the trendline from the technical indicator. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:DOGE BINANCE:DOGEUSDT BINANCE:DOGEUSDT.P BINANCE:DOGEUSD BYBIT:DOGEUSDT.P COINBASE:DOGEUSD BINGX:DOGEUSDT.PS KUCOIN:DOGEUSDT BINANCE:DOGEBTC BINANCE:DOGEBTC
Long
by CryptoCheck-
31
Doge Skyrockets 10% on Speculation of Elon Musk's X Payment ChoiBrace yourself, my friend, because Doge has just taken a giant leap forward, soaring an incredible 10% on the back of Elon Musk's latest speculation about its potential as a payment choice for his X venture. 🚀🌕 Yes, you read that right! The Doge rocket ship is on the launchpad, fueled by the excitement surrounding Elon Musk's tweet and the endless possibilities it holds for our favorite meme-inspired cryptocurrency. This kind of news ablaze the crypto community and ignites our passion for the market. Elon Musk, the visionary entrepreneur and Tesla CEO, has always been a vocal supporter of Doge, and his latest hint about Doge becoming a payment option for his X venture has sent shockwaves through the entire financial landscape. The potential for Doge to become a widely accepted currency is now within our grasp, and the market is responding with an exhilarating surge. Now, my fellow trader, it's time to seize this opportunity and make the most of this thrilling momentum. I encourage you to consider investing in Doge for the long term. With Elon Musk's backing and the growing acceptance of cryptocurrencies in mainstream society, Doge's potential is limitless. Here's why I believe investing long-term in Doge is a decision that could reward you handsomely: 1. Elon Musk's endorsement: Elon Musk's unwavering support for Doge has already propelled it to unimaginable heights. With his influence and vision, we can expect further developments and partnerships to solidify Doge's position in the crypto world. 2. Growing acceptance: Cryptocurrencies are no longer just a niche interest. They are quickly gaining favor in various industries and becoming a preferred mode of payment for many. Doge, with its fun and approachable nature, has the potential to capture the hearts of millions worldwide. 3. Community-driven success: Doge's strength lies in its incredible community of passionate supporters. The Doge Army is a force to be reckoned with, and their collective efforts to spread awareness and adoption have already shown promising results. Together, we can push Doge to new heights. So, my friend, I invite you to join me on this exhilarating journey. Let's embrace the Doge revolution and invest in its long-term potential. Together, we can ride the rocket ship to the moon and beyond!
OTC:DOGEFLong
by bryandowningqln
Doge is on the Move! Join the Doge Resistance Movement Today! 🐕Our beloved Dogecoin (Doge) made a groundbreaking move in its recent rally, breaking through the Fibonacci .382 resistance level. 🎉 Doge continues to amaze us all with its resilience and unwavering determination. With this significant breakthrough, it's clear that Doge is not just a meme cryptocurrency anymore; it has become a force to be reckoned with in the crypto world! Now is the perfect time to consider adding Doge to your crypto portfolio. The recent surge in value is a testament to its growing popularity and potential for substantial gains. By joining the Doge resistance movement, you'll be part of an exciting journey and have the opportunity to reap the rewards that come with it. Here are a few compelling reasons why you should seriously consider adding Doge to your portfolio: 1. Momentum: Doge has repeatedly proven that it can defy expectations. Its recent breakthrough of the Fibonacci .382 resistance level is just the beginning. With its strong community support and increasing acceptance in various industries, Doge's momentum is only expected to grow. 2. Widespread Adoption: Doge has gained significant popularity and acceptance among merchants, online platforms, and celebrities. This widespread adoption strongly indicates its potential to become a widely used digital currency, further driving its value upward. 3. Memes to Millions: While Doge started as a meme, it has evolved into much more. Its humorous and lighthearted nature has attracted a massive following, making it a unique investment opportunity that stands out. Doge's community-driven approach fosters a sense of inclusivity and fun, creating a strong bond among its supporters. So, don't miss out on this golden opportunity to join the Doge resistance movement and potentially profit from its remarkable journey. Add Doge to your crypto portfolio today and be part of this thrilling ride to the moon! 🚀 If you have any questions or need assistance acquiring Doge, please comment away below. Together, let's celebrate the incredible achievements of Doge and embrace the possibilities it brings. Join the Doge resistance movement today, and let's ride this wave of success!
CRYPTOCAP:DOGELong
by bryandowningqln
2
DOGEUSD will trade sideways for another 6 months at least.Dogecoin (DOGEUSD) is trading on its 1W MA50 (blue trend-line), practically consolidating ever since the massive rejection of October 24 2022 on the 1W MA100 (green trend-line). This sideways price action is serving as the Bull Cycle's Accumulation Phase, before the final parabolic rally that will take DOGE to a new All Time High. This is at least the pattern that was followed in the previous two Cycles. The date range from the top of the previous Cycle to roughly the end of the Accumulation Phase and the start of the Parabolic Rally has historically been 150 weeks (1050 days). A 1W MA50/ 1W MA100 Bullish Cross comes as a final confirmation to buy. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:DOGEUSD
by TradingShot
6
Dogecoin at strong Floor Bullish Volume increasingLong Term sideways short term Bullish Doge is at strong 3xtimes robust support area STRATEGY COUNTER TRADE Bullish Stop area below 2nd support Profit Target §x tested Resistance which is long term POC Look at the Chart The proior Bullish trend broken because many took profits The price of Dogecoin (DOGE) has dropped by 1.5% in the past 24 hours, with its slip to $0.070790 canceling out a brief return to a $10 billion market cap earlier this morning.
CAPITALCOM:DOGEUSDLong
by DaveBrascoFX
4
Dogecoin Trading: Tesla's Support and Long-Term Price Movement Tesla's recent announcement to accept Dogecoin as a payment method was discovered on its site price web page. While this news has undoubtedly sparked enthusiasm among Dogecoin enthusiasts, it is essential to approach this development with caution and a critical eye. Support from a renowned company like Tesla undeniably adds credibility to Dogecoin's reputation. However, it is crucial to remember that the cryptocurrency market is highly volatile and unpredictable. The price movements of any digital asset, including Dogecoin, can be influenced by a multitude of internal and external factors. Therefore, it is essential to consider various aspects before making any trading decisions. Here are a few factors to bear in mind when evaluating the potential long-term price movement of Dogecoin: 1. Market Sentiment: The market sentiment surrounding Dogecoin can significantly impact its price. While Tesla's support may initially boost confidence, it is essential to remain vigilant and assess the opinion of the broader crypto community. 2. Fundamental Analysis: Conduct a thorough fundamental analysis of Dogecoin, examining its technology, adoption rate, and utility. Understanding the underlying factors contributing to its value will help you make informed trading decisions. 3. Market Manipulation: Be aware that the cryptocurrency market is susceptible to manipulation. News and announcements like Tesla's support can be exploited to create artificial price movements. Exercise caution and rely on reliable sources of information before making any trading decisions. 4. Risk Management: Implement effective risk management strategies to protect your investments. Diversify your portfolio, set stop-loss orders, and avoid investing more than you can afford to lose. Remember, no investment is without risk, and preparing for potential downturns is essential. In conclusion, while Tesla's support for Dogecoin has undoubtedly generated excitement, it is crucial to approach the situation cautiously. Conduct thorough research, stay informed, and consider the broader market conditions before making any trading decisions involving Dogecoin. As a responsible crypto trader, we must prioritize informed decision-making and risk management. Remember, the crypto market is highly volatile, and success lies in being diligent, cautious, and well-informed.
by bryandowningqln
Areas likely to lead to a surgeHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DOGEUSDT chart) The key is whether it can rise with support in the 0.07025-0.07474 section. The 0.07025-0.07474 section is like an outpost for a surge. Accordingly, it is necessary to check whether the price is maintained above the downtrend line as it passes through the volatility period around August 2nd. (1D chart) If it rises above 0.07474, 1st: 0.08285-0.09510 2nd: 0.11477-0.13377 The area around the 1st and 2nd above corresponds to the selling section. --------------------------------------------------------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
2