Dogeusdt
Dogecoin updateDogecoin as expected and as mentioned in the previous post, this pair has formed the 3rd touch of the channel what makes it valid channel and got rejected
So now we're waiting for a candle broke above the last touch of the channel to enter a buy position
The best case can happen now if it get rejected from below also to form a double bottom
Happy trading
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Here's why DOGE may hit a new ATH soon Dogecoin experienced a minor upswing, but before entering the bullish zone, it faced a significant bearish action. Regardless of the bearish interference, the DOGE price remains primed for a huge upswing as a new ATH at $5 is pre-programmed.
Dogecoin gained mainstream attention during the 2021 bull run. Moreover, the bull run started with the DOGE price rally that surged from the consolidation around $0.0045 to as high as $0.7376. A similar rise has been recorded since the start of the last quarter of this year, which is expected to trigger a 2021-like bullish trend.
DOGE price recently moved from a long consolidation in the accumulation phase that lasted from early November to mid-December, followed by a manipulation phase. Historically, a strong distribution is expected to follow, which is expected to push the DOGE price towards a new ATH.
A popular analyst, Trader Tardigrade, discovered the similarities between the 2021 bull run and the current price action. The analyst highlighted the crypto repeating the same consolidation phase it underwent in 2021. DOGE price surged heavily in January 2021, followed by a minor consolidation that further resulted in a massive breakout to the ATH. Currently, the price is seeing the same consolidating patterns, suggesting the next price action in January could be the Big Bang month.
Many analysts and veterans look forward to a strong bull run in 2025, which may further trigger an altseason. If the Dogecoin (DOGE) price rally repeats the previous pattern, the market participants may expect a new ATH much above the $1 milestone, somewhere close to $4.5 to $5. Once these levels are achieved, it would be very difficult for the bears to drag the levels back below $1 even in times of a strong bear market.
DOGE bullish movement?"DOGECOIN is currently within a broadening wedge pattern, indicating that the price may continue to range within this formation for the time being. As the pattern has not yet been broken and the price is at the lower boundary, we should consider the potential for an upward movement from this point."
PUMP to 2$This chart displays a bullish outlook for DOGE/USD on the weekly timeframe. The current price is $0.33, with an EMA (50) at $0.19 signaling a strong uptrend 📊. The chart suggests a key support zone around $0.20, ideal for entries 📉, and targets an ambitious price of $2.06, indicating potential growth of over 500% 🚀. A descending wedge breakout and higher lows support the bullish thesis 📈. The RSI is at 67.35, close to overbought, hinting at momentum but also a need for caution ⚠️. A pullback near $0.20 could provide better risk-reward entry opportunities.
"Analyzing Dogecoin's Path to $10: Potential for the 25 BullRunAt the time of writing, Dogecoin sits at 0.0255. When applying the RSI with Dogecoin at 65.72, this means Dogecoin is overbought and some correction needs to happen before realistic projected gains in 2025 can occur.
Final thoughts are: Investment Assessment and Conclusion: Dogecoin can go to $10 in 2025—just not anytime soon, but eventually. But it needs project developments to be effectively completed and the price floor most crucially, around $2.00. Thus, for a $10 Dogecoin to happen, some investors need to HODL and some investors need to take profits during the bull run for price support. The RSI is currently at 40.92, which means it's teetering on the edge of oversold but also stabilizing, which points toward a bit of consolidation before a breakout on these ranges.
Key Resistance Levels: $0.39 to $0.47: Short-term resistances that need to be breached in order for upward momentum to continue. $0.59: Major psychological/technical resistance that will need to be maintained to render any subsequent significant/exponential growth. $0.73: Resistance against previous all-time highs; breaching this will allow for exponential growth.
Macro Considerations: Market Sentiment: Bull run in 2025 reliant on macroeconomic factors and overarching crypto adoption. DOGE CATALYSTS: Musk's ongoing involvement and potential application on X down the line, additional application with other sites or as a payment method, community buy-in and meme use.
DOGE GROWTH REQUIREMENTS: In order for DOGE to grow naturally in value to the $10 price target, it needs a market cap over such price, which means billions, if not trillions of dollars need to be infused into the crypto world with Dogecoin having the same market cap or larger.
FINAL THOUGHTS: The $10 price target requires so much bullish sentiment even based on Dogecoin trading in millionths of cents. It requires an ongoing bullish trend for the foreseeable future. Unheard of bullish derivatives season and retail/institutional participation macro market/fundamentals monitor. Bullish progression: Entire resistance lines on the chart have been breached. Because for something like this to occur, it has to be an extraordinarily bullish, extremely engaged retail and institutional lineup plus macro market/fundamentals. People need to be in the know and paying attention to breakout levels and macro developments in the months to come.
Dogecoin to the galaxydogecoin to pick up steam, it has teasted the weekly 50% retracement level and it's ready to ride the rocket to the moon, look for a strong 4h bullish candle, buy and hold some of this lady, we may not see this price again in the next 6 months. happy trading.
risk only what you can lose.
DOGE parabolicHello,
I would like to draw your attention to the Blue forecast. This is a long range favorite for what DOGE does in these excited runs. Can you imagine a $69 Doge by mid February? Wowser!
There must be an unlimited money supply out there…. Ah yes… flowing in to the crypto sphere from black rock ETF through BTC and ETH. Bu those insane prices already anticipated this ETF… buy the rumor, sell the news.
And after everyone dumps BTC… what are they gonna do with it? The DOGE tribe is growing… and bound by LOVE.
Love is the future… fear and greed the past.
Dogecoin UpdateDogecoin is forming a descending channel nut still isn't a valid channel still waiting for the 3rd touch to form
what do you think this pair will form the 3rd touch and then give us a Double Bottom so we can be searching for a long to target a new High???
Share your thoughts with us
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DOGE/USDT Chart Analysis and Trade Setup.DOGE/USDT has broken out of the symmetrical triangle pattern, indicating a potential bullish continuation.
The breakout is accompanied by continued price action above the key moving averages, reinforcing the bullish setup.
DOGE trades above the 50-EMA and 200-EMA, which converge and may act as dynamic support, reinforcing the upside momentum.
Trade Strategy:
Entry Zone: Around $0.31633 after confirmation of the breakout.
Stop Loss: Below $0.30699 for a failed breakout.
Take Profit Level:
Primary Target (TP): $0.37545 (highlighted resistance area)
The breakout from the symmetrical triangle indicates bullish potential. The trade setup offers a favorable R: R ratio and significant profit potential as long as the price stays above the breakout level and the stop-loss is respected.
#DOGE #CryptoTrading #TradeSetup
DYOR, NFA
@Peter_CSAdmin
doge long midterm"🌟 Welcome to Golden Candle! 🌟
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DOGE risks falling below $0.20: analysisDogecoin (DOGE) price has dropped over 30% from its yearly high of $0.48 earlier this month. This decline is linked to multiple bearish signals, increasing the likelihood of further price decreases.
As the year draws to a close and bearish pressure mounts, technical indicators point to a further decline in DOGE’s price, possibly slipping below $0.20. Here is why.
A “Death Cross” pattern has been formed on the DOGE/USD one-day chart. This is a bearish pattern that is formed when an asset’s short-term moving average (often the 50-day moving average) crosses below its long-term moving average (commonly the 200-day moving average), suggesting a shift in market sentiment from positive to negative.
Readings from the DOGE/USD chart showed that DOGE’s 50-day MA crossed below its 200-day MA on December 18, and the meme coin’s price has since plummeted by 20%. This crossover is a bearish signal, suggesting a weakening trend, with recent price declines outweighing long-term price gains.
Currently, DOGE is trading below the resistance at $0.33. Persistent spikes in selling pressure at this level could drive its price down to the support at $0.28.
Should this support fail, DOGE’s next key level lies at $0.23. If bulls cannot defend this level, the meme coin could slip below the $0.20 zone, potentially reaching $0.17.
On the other hand, a successful breach of the $0.33 resistance level could propel DOGE towards its yearly peak of $0.48.
The key is whether it can rise above 0.37778
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(DOGEUSDT 1W chart)
As the price falls, the HA-High indicator is expected to be created at the 0.37778 point.
Accordingly, the key is whether it can rise above 0.37778.
If not,
1st: 0.26850-0.28000
2nd: M-Signal on the 1M chart
You need to check whether it can rise with support near the 1st and 2nd above.
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Since the StochRSI indicator has fallen below the overbought level, it seems likely to continue to decline further.
However, when looking at the StochRSI indicator, volatility may occur when it reaches around the 50 point, so caution is required.
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(1D chart)
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
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
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Dogecoin roadmap (new update) 3DIt's time to take a step back from Elon Musk's favorite coin!
From the point where we placed the red arrow on the chart, it seems that Dogecoin's major correction had begun, and at the point where we placed the green arrow, Dogecoin's bullish phase started—a large, multi-year phase.
This bullish phase, based on price-time rules, appears to be a diametric or symmetrical pattern.
Now it seems that wave E of this large diametric has completed, and the price is entering wave F, which is a bearish wave.
Previous corrective waves of this diametric lasted between 196 and 347 days, so wave F is also expected to last between 196 and 347 days.
Similar to waves B and D, wave F is expected to be highly volatile.
Between the two vertical lines and within the horizontal green zone, the correction for wave F is expected to conclude, transitioning into wave G. Wave G will be a bullish wave that might lead to a new ATH (All-Time High).
A weekly candle closing below the invalidation level will invalidate the buy outlook for the green zone.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Nobody appreciates it !!!The price is within an ascending wedge and this can be a bullish signal for Dogecoin. However, we need to wait for this wedge to be broken and then wait for the price to rise. Currently, the price can be bearish because more funds have been injected into Bitcoin to allow Bitcoin to find more stability in the coming days.
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 will make another historyDoge has had a lot of attention lately from when I was accumulating. However like the rest of the market it has pulled back causing a lot of concern. My opinion is that this test was needed to confirm that the rally was not a pump and dump but the real deal. If you have not noticed that DOGE actually made history closing at its highest on a line chart on the monthly. But all that is history... I think we are headed to all time highs on a candle chart soon (I will not give a price target). I am currently playing with house as I sold and took my initial investment out and bought some other crypto.
Please do your research as this is not a financial advice. Also please support this idea if you can.