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Dogeusdt

DOGE/USDT upward momentum from demand ?👀🚀DOGE Analysis💎 Paradisers, watch out for #DOGEUSDT as it shows an interesting pattern, trading in a demand zone and gearing up for a bullish move. 💎 #DOGE has recently broken above its descending trendline. If this breakout holds up after a retest, we're likely to see further bullish action. The asset trading in the demand zone reinforces this bullish outlook. With sustained upward momentum, it aims to challenge the bearish Order Block at $0.12186. 💎 However, in the ever-changing crypto market, adaptability is key. Should #DOGE struggle to maintain its current level, a strategic revision might be necessary, possibly eyeing a bullish comeback from the lower support level at $0.08212. A break below this could signal a move towards a bearish market trend. 🌴💰
Long
by MyCryptoParadise_Simon
Doge long time frame logarithmic View from last three cycles. the first two of which the all time highs happened January but the cycle that we just passed in 2021 the take off to the all time high started January. Although history can not be viewed as a perfect predictor of future performance history usually repeats itself see yall at the top.. predictions on top are the box's labeled first and second. I came to these by measuring the past cycles total gain after breaking their previous Ath's
BINANCE:DOGEUSDLong
by krazy33
2
DOGE: Pullback in UptrendTrade setup : Price reached our target of $0.11 resistance but got overbought (RSI > 70) and pulled back on some profit taking. Pullback near $0.09 (50% Fibonacci Retracement support level) could be a swing trade entry in Uptrend, with upside potential back to $0.11. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $0.08 (previous resistance), then $0.07. The nearest Resistance Zone is $0.10, then $0.11.
Long
by altFINS
Low Risk Doge Long TrialConsidering that other cryptocurrencies have experienced some price fluctuations, I still anticipate further potential for growth in DOGE coin. However, with New Year's Eve approaching, I plan to adopt a cautious approach by implementing a stop loss. It's worth noting that DOGE may trigger the stop loss and then continue its upward trend, so I'll leave some flexibility in my position to either close it or let it ride. It's essential for everyone to establish their own risk management strategy, so make your decisions thoughtfully. This is my trial. Not a financial advice.
Long
by Dantefe
Whale Buys 1 Bln Dogecoin From Binance, Is $0.1 Next?Dogecoin, one of the most popular meme coins, curated a frenzy within the market as it noted significant whale activity today. Dogecoin, one of the most popular meme coins within the cryptocurrency realm, gained significant traction today as the token recorded a colossal whale transfer amid today’s price drop. Aligning with this, on-chain data illuminated the transfer of roughly 1 billion DOGE within the broader crypto market today, fueling speculations among crypto market fanatics for the token. Meanwhile, the transfer of DOGE encompassed the shifting of coins from a CEX to an unknown wallet, propelling optimism for the token. A Closer Look Into Today’s DOGE Whale Chronicle According to the data unveiled by Whale Alert, a platform streamlining blockchain metrics, the colossal whale transaction occurred today, December 26. Moreover, concerning the data, a whale seems to have transferred 999.99 million DOGE from Binance to two unknown wallet addresses, DU8gPC5mh4…rk2jAguBr5 and DQnhnNxW89…DvtzwF9sGo. Meanwhile, the number of coins transferred collectively amounted to $91.19 million while writing. However, the whale transaction showcased a potential decrease in the token’s circulation supply, fueling further inferences for the meme coin. Notably, as the data surfaced over the crypto horizon amid a price drop, crypto traders and investors seem to be eyeing the token extensively. As of writing, the CRYPTOCAP:DOGE price chart illustrated a downward trajectory, falling 0.62% over the past 24 hours, and is currently trading at $0.09307. In addition, this fall was further accompanied by a weekly plunge of 0.30%. Intriguingly, the token’s market cap also reflects the price drop noted by CRYPTOCAP:DOGE , illustrating a marginal drop of 0.63% and is currently evaluated as $13.17 billion. However, the 24-hour trading volume appears to have risen substantially, showcasing a 7.54% surge over the past day. With the whale chronicle positioning itself amid a price drop, market sentiments orbiting DOGE seem to have taken an exciting turn. Crypto market enthusiasts appear to have bolstered their confidence in CRYPTOCAP:DOGE , as whale activity mirrored a potential reduction in the token’s supply.
Long
by DEXWireNews
DOGE → Hinting at a Drop! Are we going back to $0.05?Dogecoin is starting to show signs of converting to a trading range after a strong bull run. We have a potential double top reversal pattern playing out after three good pushes to the upside. Does that mean we're heading down? How do we trade this? 🤔 Three pushes up, potential double top reversal pattern, RSI at 62.00 and below the Moving Average, these are the key data points that should bring us caution when the thought to long crosses our mind. What we're missing right now is a confirmation candle and a lower low to give us enough probability to enter a short scalp and maybe a partial swing. A final sell signal at the Previous High of $0.10750 would be ideal, giving us enough range for a 1:3 Risk/Reward Ratio. Using my favorite approach, take half profits at $0.10 (1:1 Risk/Reward), move your stop loss up to your entry price, then swing the remainder to 1:3 Risk/Reward at $0.09. 💡 Trade Idea 💡 Short Entry: $0.10500 🟥 Stop Loss: $0.11000 ✅ Take Profit #1: $0.10000 ✅ Take Profit #2: $0.09000 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Three Pushes Up, Potential Double Top Reversal. 3. Could convert to Trading Range between $0.0875 and $0.10750. 4. RSI at 62.00 and below Moving Average. Bias to Short. 5. Bitcoin is running hot to the upside, risk of trend change. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Short
by TraderEngineering
🚀 Doge Attempting For Breakout! 🌟✨ DOGE/USDT 🚀 📊 We are currently observing a symmetrical triangle pattern in the DOGE/USDT pair. The price is attempting to break out of this pattern. If it successfully breaks out, we could potentially see a bullish move ranging from 15% to 39%. 🔍 Let's closely monitor the price action and volume to confirm the breakout. It is essential to exercise caution and conduct your own analysis before making any trading decisions. ⚠️ Please note that the information provided is for educational purposes only and does not constitute financial advice. Always make independent research and consult with a professional before investing.
Long
by Crypto-By-Ghazi
Dogecoin ($DOGE) Poised to Reach Local High of $0.115. Over the past two months, Dogecoin's price has increased by 100%, a relatively modest achievement compared to other altcoins, some of which have seen 300-400% growth. With the BTC chart maintaining an upward trend, DOGE also stands a chance for further rise. To achieve this, the coin needs to break the resistance level of $0.097 and retest the seller zone between $0.102 and $0.107. If buyers can sustain above this range, DOGE might aim for a new local high near $0.115. DOGE may also face a correction, especially if there's a downturn in Bitcoin's price. In such a scenario, DOGE could decline to the support zone of $0.0837-$0.0897 and test the buying strength at $0.0797.
Long
by DEXWireNews
DOGEUSDT.1DBased on the provided market data, DOGE is currently trading at $0.090 against USDT. On the 4-hour chart, DOGE's relative strength index (RSI) is at 40.37, suggesting that it is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is negative (-0.00092), indicating a bearish trend. The Bollinger Bands (BB) are at 0.097, suggesting a moderate level of volatility. The immediate support levels are at $0.088, $0.085 and $0.078, while the resistance levels are at $0.096, $0.10360, and $0.10730. On the daily chart, DOGE's RSI is at 52.81, indicating a balance between buying and selling pressures. The MACD is positive (0.00333), indicating a bullish trend. The BB is at 0.10444, suggesting a moderate volatility level. The immediate support levels are at $0.0866, $0.078, and $0.070, while the resistance levels are at $0.10696, $0.11303, and $0.13220. Looking at the 7-day chart, DOGE's RSI is at 63.69, indicating a slightly overbought condition. The MACD is positive (0.00509), indicating a bullish trend. The BB is at 0.0975, suggesting a moderate volatility level. The immediate support levels are at $0.07225, $0.05520, and $0.04698, while the resistance levels are at $0.10706, $0.15379, and $0.20723. In conclusion, the market data suggests a mixed sentiment for DOGE in the short term, with a slightly bullish bias in the longer term. However, it's important to note that cryptocurrency markets are highly volatile and unpredictable, so these indicators should not be the sole basis for any investment decision. Always do your own research and consider your risk tolerance before investing.
by MarsSignals
4
DOGE → Updated Double Top Analysis! Our First Target is $0.07?Doge is failing to retest the $0.1075 level and has instead meandered sideways in the $0.9500 range. Are we in a position to short here? Long? Or simply wait on the sidelines? How do we trade this? 🤔 We need to wait. We are still in a bull channel which means our bias ought to be long, but we have several datapoints that counter that bias. 1. Three pushes up, a typical number of legs in a channel before the probability of trend change exceeds the probability that the trend will continue. 2. Double Top reversal signal. These can fail, but coupled with the three pushes, increases the probability of a trend change. 3. Bitcoin showing signs of trend change and as a leading market indicator may drag Doge down with it. We need to wait for a break below the Weak Support line and the Support Zone. The break is the bear signal, then we need a retest of the Support Zone as resistance with a strong bear candle closing on or near its low to confirm the price can't make it back up. At this time, its reasonable to short a 1:3 Risk/Reward placing a protective stop just above the previous Support Zone. Take half profits at 1:1 Risk/Reward ($0.082 area), and final profits at 1:3 ($0.69 area). It's also reasonable to swing the latter half of your position beyond 1:3 R/R, until a proper buy signal appears. 💡 Trade Ideas 💡 Short Entry: $0.84 🟥 Stop Loss: $0.89 ✅ Take Profit: $0.69 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Three Pushes Up, Double Top Reversal Intact. 3. Need to Break Weak Support and Support Zone to Short. 4. RSI at 46.00 and below Moving Average. Bias to Short. 5. Watch Bitcoin for trend change, may drag the market down. 💰 Trading Tip 💰 Trading against the trend carries a low probability of success, but a much higher reward with a low risk. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Short
by TraderEngineering
DOGE ANALYSIS🔮 #DOGE Analysis 🚀🚀 💸💸 As we said in our earlier post, #DOGE has performed well. The resistance that was there before will act as support and if #DOGE sustains here then we will see a bullish move and we will reach our new resistance level. Now we are also bullish on #DOGE and our next target is $0.11100📈📈 📌Current Price -- $0.09475 🔰Target Price -- $0.11100 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #DOGE #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts