DOGE/USDT 1DintervalHello everyone, I invite you to review the chart of DOGE in pair with USDT on a one-day time frame. Let's start by defining the falling triangle in which the price is moving using the yellow lines. You can see here how the downtrend is starting to gather divergences.
Going further, we will mark support lines and as you can see, currently the price remains at a strong support level of $0.105, but if we start to fall further, the next support is at $0.086, then at $0.074 and then $0.061.
Looking the other way, we can similarly determine resistances, as you can see, we should encounter the first resistance at the level of $0.124, then around $0.144, then there is a strong resistance zone from $0.16 to $0.177, only after breaking above this zone the price will could continue to grow.
Looking at the RSI indicator, you can see how an upward movement does not result in price increases, while a downward movement of the indicator gives a greater reaction, which may lead to another attempt at declines.
Dogeusdt
Shitcoin Summer is HereIt's hot outside right now. Real hot. Clocks in at 120 where I live. But I'm cool as a cucumber right now because I know my Christmas is gonna be a good one. Why? My shitcoins are about to move. Check out my chart of eight of my favorite $hitcoins - they've all retested bottom and the bottom rejected them all. So - whether you love em or hate 'em, back up we go. That's how it works. Don't fight it, you'll lose. Just buy someone else's bags for cheap now before this rocket blasts off.
does Dogecoin DOGE price have a chance for x4 growth?Two months ago, we wrote about the possibility of #Dogecoin price falling to as low as $0.1
The #DOGEUSDT price has arrived here on steadily falling trade volumes and is testing a strong mirror zone from above.
Do you believe that this year the CRYPTOCAP:DOGE price will be able to gain a fix above $0.17-0.20 and head towards $0.41?
CAN SOL GO PARABOLIC? MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
I posted about SOL crashing the market before it crashed when FTX collapsed , check back on my previous trading view videos
This is potentially forming the same pattern that crashed BTC back into COVID crash . So be on alert but if we can negate this pattern then SOL could go PARABOLIC
DOGEUSDT is approaching an important resistanceHey Traders, in today's trading session we are monitoring DOGEUSDT for a selling opportunity around 0.12000 zone, DOGEUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.12000 support and resistance area.
Trade safe, Joe.
Strong buying momentumDogecoin is currently positioned precisely on an ascending trend line. This trend line has historically acted as a support level, guiding the price upward. If Dogecoin manages to break above this line with strong buying momentum, there is a strong likelihood of a significant upward movement. Such a breakout would indicate a continuation of the bullish trend, potentially attracting more investors and leading to substantial gains.
DOGE Dogecoin Bullish ReversalIf you haven`t bought DOGE before the breakout:
Nor sold the top:
Now upon closely examining the chart pattern of DOGE, it appears that the cryptocurrency is positioned for a bullish reversal within the confines of a falling wedge formation. This technical pattern, often seen as a precursor to a price breakout, suggests that Dogecoin could be on the verge of reversing its downward trend and entering a phase of upward momentum.
Frankly, I don't feel like explaining, the chart says it all !!BINANCE:DOGEUSDT is forming a falling wedge on daily timeframe , Up we go if we do breakout.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅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!!
DOGE - Ready?I see DOGE has created a nice double bottom.
I see RSI showing bullish cross.
I see DOGEBTC printed a nice higher low.
I see BTC needs to correct to historic resistance turned support levels. - this could be the biggest pump and dump of all time…… Buy the Rumor, Sell The news. Apply that to halving and ETF news.
DOGE = DOG = Man’s Best Friend = Unconditional Love. That insights a different emotional attachment to the coin than the fear and greed that dominate the other coins.
And earth is moving from the 3D to the 5D…. Where love is the force that dominates.
Let’s go DOGE!
#DOGE/USDT#DOGE
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have a bounce from a major support area in the color EUR at 0.1122
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.1188
The first target is 0.1388
The second goal is 0.1511
The third goal is 0.1648
DOGEUSDT Potential DownsidesHey Traders, in today's trading session we are monitoring DOGEUSDT for a selling opportunity around 0.12600 zone, DOGEUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.12600 support and resistance area.
Trade safe, Joe.
DOGE - Short Trade | Support is fallen #DOGE/USDT #Analysis
Description
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+ DOGE, everyone's favorite meme token, has broken its support and is heading into a free fall.
+ There is no significant support until $0.09, which presents a good trading opportunity.
+ I'm entering a short trade at the current price.
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VectorAlgo Trade Details
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Entry Price: 0.11665
Stop Loss: 0.13552
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Target 1: 0.10860
Target 2: 0.10222
Target 3: 0.09132
Target 4: 0.08169
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Doge → wait for a dropHello guys...
doge is forming a head and shoulders and I believe it will break the neckline!
it touched so many times this current line and made it so weak!
the trendline that I drew like a dashed line is a satisfied line to get a short position!
the target of the short position is: 0.0783
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✓✓✓ Always do your research.
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DOGEUSDT.1DIn this technical analysis of the DOGE/USDT daily chart, I examine the current price action, relevant support and resistance levels, and key indicators to forecast potential market directions.
Key Observations:
Current Price and Movement:
DOGE/USDT is currently trading at $0.12389, showing an increase of 1.16% today. This suggests a slight bullish sentiment in the short term.
Support and Resistance Levels:
R1 (Resistance Level 1): $0.16889 - This is the next significant resistance level that could cap upward movements in the near term.
S1 (Support Level 1): $0.12005 - This support level appears to be holding for now, providing a foundation for the current price recovery.
S2 (Support Level 2): $0.09692 - A further drop could see prices test this lower support, indicative of a stronger bearish trend.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, typically a bearish indicator. However, the histogram shows diminishing negative momentum, hinting at potential weakening of the bearish trend.
RSI (Relative Strength Index): At 36.99, the RSI is close to the oversold territory, which may attract buying interest, suggesting a possible reversal or stabilization.
Analysis and Conclusion:
The current market position of DOGE/USDT shows a potential turnaround from recent lows, supported by the slight increase in price and the stabilization around S1 at $0.12005. The near-oversold RSI condition and the diminishing negative momentum in the MACD could signal a weakening of the bearish pressure, providing room for a potential upward movement toward R1 at $0.16889.
However, traders should remain cautious as the overall MACD position still indicates bearish sentiment. A failure to sustain above S1 could lead to a retest of the lower support at S2, which would confirm a continuation of the bearish trend.
In summary, while there are signs of potential recovery in the DOGE market, it is crucial to watch for sustained movements above S1 and for changes in the MACD and RSI indicators for stronger bullish confirmations. Traders should be prepared to adjust their strategies based on these technical signals and remain vigilant to broader market sentiment that may affect cryptocurrency prices. Always consider using stop-losses and risk management practices to safeguard investments in this volatile market.
DOGE ANALYSIS🚀#DOGE Analysis : What Next ??💲
✅As we can see that there was a formation of "FALLING WEDGE PATTERN" in #DOGE and trading around it's support zone and again making a bullish formation. We are expecting a bullish move in #DOGE 📈
🔰Current Price: $0.12469
🎯 Target Price: $0.22110
⚡️What to do ?
👀Keep an eye on #DOGE price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#DOGE #Cryptocurrency #TechnicalAnalysis #DYOR