DOGE - Following BTC FRACTAL?🚀📉Hi Traders, Investors and Speculators of Charts📈
Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action.
Doge has been very profitable so far. Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here):
As BTC trades sideways/rage, we can expect to see altcoins play catch-up. From a correction perspective, this was the drawback for each coin during the corrective wave:
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BINANCE:DOGEUSDT COINBASE:BTCUSD
Dogeusdt
DOGE can ascend further!Hi
COINEX:DOGEUSDT
Today, I want to analyze DOGE for you in a weekly time frame so that we can have a mid-term view of DOGE regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
DOGE formed a rounding bottom on weekly timeframe🤔
Up we go if we do breakout
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
- Rounding Bottom
Stay awesome my friends.
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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!!
On large time frame charts when using Fibonacci ratios...Hello traders!
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(DOGEUSD 1M chart)
To understand the overall wave, we analyzed it using TradingView's charts.
The key is whether the price can be maintained by rising above 0.22393, which is the upper point of the box section of the HA-High indicator.
Accordingly, we need to check if it is supported and can rise around 0.707 (0.20689) to 0.786 (0.22377).
Due to this rise, it is expected that a new HA-High indicator will be created next month.
If that happens, an important question will be whether it can be supported and rise in the newly created HA-High indicator.
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(DOGEUSDT 1M chart)
Currently, the HA-High indicator is formed at 0.13377.
(1W chart)
The area around 0.5 (0.15983) to 1 (0.26667) corresponds to the psychological resistance zone.
Accordingly, the key is whether the price can be maintained by rising above 1 (0.26667).
If it rises above 1 (0.26667), it is expected to rise to around 1.618 (0.39871).
(1D chart)
The key is whether it can receive support around 0.21597 and rise.
If not, you should check for support around 0.20420.
If it falls below 0.20420,
1st: 0.618 (0.18505)
2nd: 0.5 (0.15983) ~ 0.17001
3rd: 0.13377
You need to check whether you receive support around the 1st to 3rd positions above.
If it falls below 0.13377, it is expected to turn into a downward trend.
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Depending on whether it receives support or resistance at the Fibonacci retracement rate point, you can predict whether it will rise by two levels or decline.
Accordingly, if it meets resistance and falls near 0.786, you can expect it to fall to around 0.618 or rise to around 0.886, depending on whether it receives support or resistance around 0.707.
However, Fibonacci has the disadvantage of having to specify a selection point, so if the selection point is specified incorrectly, erroneous results may be obtained, so it is recommended to draw on a time frame chart as large as possible.
This is because I believe that only then can the waves generated by fakes or whipsaws be filtered out.
If you plot Fibonacci on a time frame chart that is too large, you may find it to be of little use due to the intervals being too large.
However, I think there is no problem at all due to the nature of the coin market, which has large fluctuations.
Rather, I think it plays a more accurate role of support and resistance.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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DOGEUSDT: Primed for a Generational Rally - Prepare for Liftoff
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Doge Howling at the MoonEvery cycle Doge wakes up & has a run past it's last high. With Bitcoin crossing it's last all time high & the market heating up it's due time for a nice run on Doge. This is confirmed by Doge breaking out of it's consolidation range & the Ichimoku cloud crossing & turning green. You may be wondering ok but where do we cash out? This is where the fib extension can lend a hand, applying it from the last high to the last low we can see the important levels. Nothing is guaranteed so it's important to see how price reacts to each level. Special attention should be given to the 0.5 and 0.6 extensions, if these areas don't cause price to reject back lower we should see price go back to test all time highs. Personally I'm looking at the $1 range to start de-risking and start cashing out.
🚀🐕 DOGE Breakout Trade Setup! 📈🚀📊 Analysis:
Bullish Momentum: DOGE has shown bullish momentum over the past few weeks.
Current Resistance: Current resistance at $0.20500.
Breakout Opportunity: Look for a breakout above this level for a potential spot long trade.
📈 Trade Plan:
Entry: Enter on the breakout and retest of $0.20500 resistance, with confirmation of a 4HR candle close above.
Take Profit: Targeting profits at $0.32 - $0.35 or higher towards $0.50 - $0.60.
Stop Loss: Place stop loss just below $0.18 to manage risk.
💡 Note: Monitor price action closely for confirmation of the breakout and adjust strategy accordingly! Stay alert for any market developments. 🚨📊 #DOGE #BreakoutTrade 🐾📈
DOGE / BTC … possible ?DOGE / BTC
Doge is pumped by almost 50% since sharing my previous idea against USDT
TODAY we can see it tries to breakout on BTC pair too on weekly chart !
Also on weekly RSI we can see trying to breakout :
Is this a legit breakout !?
Lets monitor the price action by seeing how the next weekly candles will close
DOGE Technical Analysis and Trade Idea#DOGE #Dogecoin exhibits a bearish bias, highlighted by a decisive break of structure on the daily timeframe. Approaching a key resistance zone, the pair appears overextended. The accompanying video explores a potential selling opportunity if prioce action plays out as described in the video. Please note: this analysis is for educational purposes and does not constitute financial advice.
DOGE, king of memesDOGE, king of memes
Can Dogecoin Reach $1? Yes, but Only if This Happens
In the spring of 2021, meme-stock mania had taken over not only stocks, but the crypto market as well. Dogecoin's (CRYPTO: DOGE) price was going bonkers.
Today, it's the spring of 2024. The dog-themed cryptocurrency sits 74% below its all-time high (as of Monday, March 25), as investor interest has cooled off dramatically. But some of Dogecoin's strongest supporters are hoping that it can not only get back to its previous high-water mark, but exceed it and reach that coveted $1 per coin.
Can Dogecoin achieve this? Yes, it can!
DOGE Dogecoin May Be In For A Deeper CorrectionShort term Doge looks like its in trouble. It looks like a big move down is imminent. Bearish pennant, bearish cross 50 over the 100. A significant move down in Doge and the whole market is about to happen in my opinion. I could be wrong and this is a fake out and we blast to the upside but look at Litecoin and what happened when the 50 crossed over the 100 just recently and now the 50 is crossing over the 200 on Litecoin. If Bitcoin drops to 50s then expect this to happen 100% and possibly even lower targets as the new people who just got in with their rent money sell at the bottom. Could be a fire sale if a person is in the right place at the right time. Not financial advice just my opinion , Good luck out there
A closure above the 100 SMA blue line and then the previous high on a 4 hour candle would invalidate this whole thing and Doge will continue its rally to crazy new all time highs. Im leaning towards a correction on this one.
WEAR AN EXTRA SHIRT IN CASE YOU LOSE THE FIRST ONE :)
DOGE launch codes:Hello,
Here we have highlighted the recent resistance vector, and are showing a piercing line and retest, which if holds, should propel us through our recent hi $.20 and beyond.
As discussed in my last post, linked below, $.69 is our next target, of course! :)
Go Doge GO! Run Boy! Love you!
Follow along for updates, and if you appreciate these ideas, you should try th lip balm we make at JTreeLife … it’s the best in the universe!
:)
Will Doge hit $.69 ?Hello,
Im curious... will we all agree on $.69 till the end of the month (pay day). Doge can get up there on this run, and then maybe he will move sideways to pick up that red support vector as the whole world gets on board. What would the lower end of that range be?? the white trace suggest $.25 cents... but that's not a very inspiring number. I like $.420 better for the low end of the next level of this game. and look how it lands at the implied vertex of all of these levels! Beautiful!
my advice to our doge fam... just don't panic. so If everyone sets their perspective bullishly when buying and selling.... we dont have to have massive corrections to gain support. It's up to us if we get scared or not.
This is a graph of emotion, tied to a representation of man's best friend...
What emotion do dog's invoke? !
hmmmm...
I heard funny things about LOVE... like it's an infinite force... powerful indeed... enough to overcome Fear & Greed? That is the journey from dark-to-light that each of us is on... overcoming our fears and moving our energy into the place of love with the perspective of abundance.
(that means set your rebuys above the last foot... maintain the higher lows... one step after another. that maintains the upward slope of the support vectors (bullish and not bearish)... until we get sideway to pick up the next support vector. and then we go for another run.
Doge run's, then walks for a rest just rest... But a good dog doesn't panic. got it?
...thats the plan... comment below if your on board with it, and lets go for a run!
-may all beings on earth be happy and free.
DOGE - still in bull channelthese white arrows show a significant feature... we are being controlled by the bulls, making our lows, just above the most recent major support level in white.
The recent level argument has just raised a right arm, with a. Doji candle followed by an engulfing bullish candle. The right arm up micro monster is one of my favorite signals! . . and often results in continued upward movement. Though we have seen him get smacked of the edge of a cliff before too.
Let's avoid that by all committing to Bullish sentiment for doge. If you are buying and selling, set your rebuys above the last foot.
If you a re placing stoplosses, give them room to breathe, especially on the big levels where it could trigger an autopilot crash of stop losses not getting filled, cause of lack of buyers.
remember... we are setting the price of DOGE right now as we trade it. If we all set our sells at $1.00 instead of $.20 guess what... thats the new price.. and if we all hold tight at that price, we can trade a bias the whole world of loving humans gets on board.... and then the pattern will propagate exponentially.
So, if you love DOGE like I do, hold on tight and let's run him down the street! Show him off! tell the world about the coin of unconditional Love. sure to beat the coins of fear... greed... addiction cycle behavior with incredible volatility... enough to shake and crash the entire system.
I Love. that is my commitment to the world. With-in that I find guidance and truth on infinite levels. the old hippies always were quoted as saying "love is the answer". and though doge coin is innominate idea (cannot love things that aren't alive. love is the life force), the way humans share love with dogs is as close to pure unconditional love that we get. Mans Best Friend.
[DOGEUSDT] -It's time for dogeDoge is warming up when the April is closer.
Breaking out 0.618 fib level with attempting to breakout the upper side of bullish pennant
Looks like extremely bullishing wave ahead.
Valid for buying now ... Try to pick Doge if market gives a chance to SMA20 testing
It's not a signal...just my own thoughts.
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