DOGE inside a Triangle. Trade the breakout.Dogecoin / DOGEUSD is trading inside a Triangle pattern.
This tight consolidation is getting closer to an end as a breakout should take place by tomorrow.
If it breaks to the upside, buy and target 0.43500 (Fibonacci 2.0 extension).
If it breaks to the downside, sell and target 0.37100 (Fibonacci -1.0 extension).
Previous chart:
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Dogeusd
Dogecoin (DOGE) Consolidation Phase - READY FOR MASSIVE PUMP!Dogecoin’s (DOGE) current price of: $0.4046 has rebounded 480% from its August lows, including a 220% rally following Donald Trump’s presidential election victory in November 2024. However, the cryptocurrency has now entered a period of consolidation.
Therefore, DOGE is trading within a tight range of between: $0.36-$0.48, marked by white circles on the chart above, following its recent parabolic rebound. The consolidation phase mirrors the one from early 2021 when Dogecoin experienced a strong upward move followed by a sideways trend before another major breakout.
Dogecoin analysis in depthKey Observations from Historical Data BINANCE:DOGEUSDT BINANCE:DOGEUSD :
After July 9, 2016 (BTC halving to 12.5 BTC):
Dogecoin rose 10,062% in 550 days.
Key takeaways: A steady rise occurred over a prolonged period after Bitcoin's halving, benefiting from the general bullish market sentiment.
After May 11, 2020 (BTC halving to 6.25 BTC):
Dogecoin rose 18,693% in 362 days.
Key takeaways: The price skyrocketed faster and more aggressively, possibly due to increased retail interest, the rise of meme coins, and Dogecoin-specific catalysts.
Post-2024 Halving Projections:
If Bitcoin's April 2024 halving (to 3.125 BTC per block) follows similar patterns, historical precedent suggests a significant price surge for Dogecoin. However, the extent and timing depend on various factors.
Projection Based on Historical Patterns:
If Dogecoin repeats the 10,062% rise (2016 pattern): This would imply a 100-fold increase from current levels. Assuming Dogecoin's price is around $0.07 at halving, the price could theoretically reach $7-$8.
If Dogecoin replicates the 18,693% rise (2020 pattern): This implies a 187-fold increase, pushing the price into the $12-$14 range.
Extrapolating Higher Growth (24–30 USD): This requires a compounded acceleration beyond prior patterns. While ambitious, it assumes higher adoption, widespread FOMO, and a stronger meme culture fueled by media and influential endorsements.
Timing to New ATH:
1)The 2016 halving saw Dogecoin take 550 days to peak.
2) The 2020 halving saw Dogecoin take 362 days to peak.
3) Given the shortening cycles, 300–500 days post-halving for a new ATH seems plausible.
Factors That Could Impact Growth:
Bitcoin's Dominance: The overall crypto market typically follows Bitcoin's lead. If BTC establishes a strong bull run, altcoins like Dogecoin tend to outperform during later phases of the cycle.
Market Conditions: Macroeconomic factors (interest rates, liquidity, regulations) and overall sentiment toward cryptocurrencies could amplify or dampen growth.
Dogecoin-Specific Catalysts:
Increased adoption (e.g., more merchant acceptance).
Continued celebrity endorsements or community-driven initiatives.
Development of utility beyond memes (e.g., real use cases, Layer 2 solutions).
Retail and Institutional Interest:
In 2020-2021, Dogecoin benefited from a meme-stock culture and retail FOMO. A similar sentiment, fueled by a strong community and media coverage, could reignite.
Competition from Newer Meme Coins: The meme coin market is increasingly crowded, which might dilute Dogecoin's dominance in this space.
Feasibility of $24-$30:
While Dogecoin reaching $24–$30 implies an extremely aggressive growth trajectory, it is not entirely implausible given crypto's volatile nature and history of extraordinary rallies.
Conclusion:
1) A 300–500 day timeline for a significant peak is reasonable based on prior patterns.
2) The price target of $24–$30 is an ambitious upper limit and assumes exponential adoption and exceptional market conditions. A more conservative range of $7–$14 could more aligns with historical data, but Dogecoin is about exception and future.
doge usdt long!"🌟 Welcome to Golden Candle! 🌟
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Dogecoin - This Is Still Just The Beginning!Dogecoin ( CRYPTO:DOGEUSD ) is still in its early stages:
Click chart above to see the detailed analysis👆🏻
Although Dogecoin already rallied more than +350% after breaking out of the triangle pattern, this still just seems to be the beginning of the next major bullrun. A conservative approach would indicate a +9.000% rally, but the first primary target is still the previous all time high.
Levels to watch: $0.7, $5.0
Keep your long term vision,
Philip (BasicTrading)
doge"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
DOGE/USDT – Positive Signs, But Caution RequiredCRYPTOCAP:DOGE has shown resilience during the recent market decline, holding steady despite the broader downtrend. This is a positive sign of underlying strength.
However, we’ve touched the support band multiple times, which raises the possibility of a liquidity grab below this level before a potential continuation upward. Traders should remain cautious and look for confirmation of a move back above the support after any potential liquidity sweep.
Key Observations:
Support Band: Repeated tests may indicate weakening; watch for a potential break and recovery.
Liquidity Grab: A dip below support could act as a springboard for the next move higher.
Confirmation Needed: Wait for price action to reclaim the support level before entering.
Patience is key here. A liquidity grab could provide an excellent opportunity for long positions if recovery signals are strong.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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DOGE - IT'S NOT OVER YET!!!What goes up, must come down. What goes down, must come up.
As above, so bellow. Yin Yang
Good/Bad
Keep calm.. relax, be greedy when others are fearful.
The dip will get eaten up, this is just a healthy pullback in the market that liquidated the greedy buyers who never learn with their long positions ;)
#DOGE/USDT Ready to go higher#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 0.4320
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.4320
First target 0.4466
Second target 0.4651
Third target 0.4839
DOGE - SHORT TERM $0.75 or $0.38 - CryptoManiac101DOGE / USD
Doge is currently in the upward accumulation pattern and even on a shorter time frame we see that it is nearing a possible breakout point within the coming hours, and it is in the position where it will either break it or make our December.
Short Term Targets Upon Upward Breakout
3 Days - $0.52
7 Days - $0.75
3 Weeks - $1.12
Let's see what happens
This is solely for entertainment purposes only and is not financial advice.
Doge → the power of upward movement is so stronghello guys.
I believe doge will continue to upward movement as far as it can!
Now, it is forming an ascending channel at the end of a sharp movement! now formed two peaks and the next one is coming!
there are two scenarios here:
1- Starts an increase from here!
2- First, it will touch the bottom line and then prepare for an upward movement!
Prepare to fly with DOGE!Dogecoin is forming a rounded bottom. This means that if this pattern completes, the price of Dogecoin can rise above one dollar. Let's not forget that Dogecoin is the first meme coin supported by Elon Musk.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Doge can reach $.75 if it breaks upwards from ascending bullflagUsually an ascending channel like the one that is part of the bullflag on dogecoin’s 1 day chart beaks to the downside, except inside a parabolic phase of the bull market cycle. In the parabolic phase of a bull market cycle you can see several back to back rising wedges and ascending channels break to the upside so since we are really only 1-2 daily chart pattern breakouts into this current parabolic phase for the alt coin market, I think probability favors this ascending channel breaking upwards. If it does we also have the benefit of it being not only a channel but a bullflag as well and the target for such a breakout is around 75 cents. Furthermore if you flip to the weekly channel you would see that there is potential for the pole to be even longer than shown here on the daily timeframe, so I wouldn't be surprised if doge were able to overshoot the 75 cent target even. I noticed that the channel had valid trendlines on both the wicks and the candle bodies on both the bottom and top thats why the trendlines are doubled up, *not financial advice*
DOGE to $1? Breakout Confirms Bullish Momentum! COINBASE:DOGEUSDT has broken out of a classic ascending triangle, signaling a strong bullish move. With MARKETSCOM:BITCOIN smashing through $100K and reaching new all-time highs, CRYPTOCAP:DOGE could be next in line for a significant rally. The breakout positions CRYPTOCAP:DOGE to target the psychological $1 level, marking a potential new all-time high. Traders should monitor support at the breakout zone and keep a tight stop loss to manage risk effectively. Always remember, risk management is key in volatile markets!
COINBASE:DOGEUSDT Currently trading at $0.45
Buy level: Above $0.44
Stop loss: Below $0.36
Target : $1
Max Leverage 3x
Always keep Stop loss
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