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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.
BINANCE:DOGEUSDLong
by melikatrader94
22
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. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:DOGEUSDLong
by TradingShot
2
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🌴
Long
by MyCryptoParadise_Simon
14
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.
COINBASE:DOGEUSDShort
by ahmadarz
2
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)
CRYPTO:DOGEUSDLong
by basictradingtv
36
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.
by bryandowningqln
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!
Long
by GreenCryptoTrades
1
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: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:DOGEUSDLong
by InvestingScope
1
$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.
COINBASE:DOGEUSDLong
by benjihyam
2
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! 🎁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.
CRYPTO:BTCUSDLong
by ProjectSyndicate
17
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.
BITSTAMP:BTCUSDLong
by ProjectSyndicate
26
#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!
Long
by Cryptorphic
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.
Long
by bryandowningqln
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. -------------------------------------------------------------------------------------------------------- - so let's do some quick Maths : -------------------------------------------------------------------------------------------------------- - 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$+ (yep...) -------------------------------------------------------------------------------------------------------- - if you bought 1000$ of Doge in 2019 Bottom (excluding Covid19 Dip) - you could have made : 34000%+ - Sold Doge at ATH you could have made : 340,000$+ -------------------------------------------------------------------------------------------------------- - if you bought 1000$ of Doge in 2022 Bottom. - you will possibly make : 10000% (potentially 5$) - Selling Doge at the good time (ATH), you will possibly make : 100,000$ -------------------------------------------------------------------------------------------------------- - 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 !
BITTREX:DOGEUSD
by thecryer
19
The key is whether there is support near 0.15330 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (DOGEUSDT.P 1W chart) If the price has risen sharply but you have not been able to start trading, it is recommended to check what kind of movement is shown near the support and resistance points and then start trading. Accordingly, it is recommended to check whether there is support near 0.15330. - (1D chart) If it continues to rise like this, it is expected that the StochRSI indicator will rise to around 50 when it rises to the 0.16625-0.18218 range. Accordingly, there is a high possibility of volatility, so I think you can start trading depending on which direction it deviates from the 0.16625-0.18218 range. Since it rose above the upper part of the parallel channel, it is likely to show a tendency to return to the channel over time, so I think it would be good to check for support around 0.15330 and decide whether to start trading. - (1h chart) 1st: Touch the Standard Error line and see what movement it will show, 2nd: Touch around 0.15330 and rise along the channel, 3rd: Touch the 5EMA of the 1D chart and see what movement it will show, I think it's not too late to start trading after checking what it looks like in the 1st-3rd above. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2