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Dogeusdt

DOGE - Testing the support after long awaited reversal#DOGE/USDT #Analysis Description --------------------------------------------------------------- + After months of consolidation in the support zone, the price finally broke out and reached the local resistance. + Following this, there was a significant reversal, with the price returning to the support zone. + I’m observing a strong reversal and bullish momentum from the support zone, and I expect a trend change soon. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.10694 Stop Loss: 0.06167 ------------------------------ Target 1: 0.16821 Target 2: 0.23087 Target 3: 0.34588 Target 4: 0.56844 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- 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
Long
by VectorAlgo
Dogecoin Weekly Analysis: Another Bull Move Ahead (READ CAPTION)By examining the #Dogecoin chart in the weekly timeframe (logarithmic), we observe that after dropping to $0.080 last week, the price saw heavy demand and increased by 30%, reaching $0.105. Currently, Dogecoin is trading above 10 cents, and we need to see if the price will successfully stabilize above 10 cents in the coming week. The mid-term price targets are $0.14, $0.1660, and $0.23. The expected return in the mid-term is over 100%.
Long
by ArmanShabanTrading
2
#DOGE printing beautiful DOJI ready for 10x this season?DOGE has been trading within this channel since February 2021, over 1,127 days, until it broke out with a massive candle in February 2024. Since then, it has been retesting the breakout. Here’s why I believe DOGE can 10x to nearly a dollar: 1. Breakout above the long-term accumulation channel, currently being retested. 2. Printing a strong weekly Doji, signalling significant buying pressure from the bulls. 3. Elon Musk is likely to shill it after the presidential election this year. 4. Trading above the 200EMA and battling to stay above the 100EMA. 5. RSI below 45 indicates plenty of room for growth. 6. MEME coins have been outperforming solid projects this season, and I believe DOGE will lead the charge in this bull run. 7. Multiple indicators are suggesting a bullish move is on the horizon. My strategy is holding on spot for the next 6 months and be ready to accumulate on any dips. This is not financial advice, so please do your own research. **Trigger Point**: Closing above $0.11 (grey liquidity area) on the weekly chart. Do you think DOGE can 10x from here, or is it just wishful thinking? Share your thoughts in the comments, and don't forget to hit that like button if you found this helpful. Thank you! #PEACE
Long
by Cryptorphic
5
#DOGE/USDT#DOGE The price is moving within a descending channel pattern on the 4-hour frame and is expected to break upwards after it has adhered to it significantly We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it We have a major support level in green at a price of 0.0800 We have a trend to stabilize above the moving average 100, which supports the rise Entry price 0.09680 First target 0.1050 Second target 0.1180 Third target 0.1338
Long
by CryptoAnalystSignal
1
DOG sell/short setupDogecoin's major structure is bearish. Now the wave that has moved upwards has formed a bear iCH. So we are looking for sell/short positions in supply ranges. In the specified supply range, we can look for sell/short positions. The target can be the range of demand. Closing a daily candle above the invalidation level will violate the analysis. Note that the financial market is risky, so: Do not enter a position without setting a stop and capital management and confirmation and trigger. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
by iMoneyTeam
1
BULLISH Altcoins NOW: Final SHAKEOUT CompilationWe're seeing what could be the final shakeout across the entire altcoin market. This drain of liquidity will likely go into Bitcoin to propel the next impulse wave up, after which the money rotates BACK into alts for Altseason2.0. We're spotting multiple bottom patterns across the altcoin markets such as inverse head and shoulders and W-bottom patterns. 1) FLOW 2) RNDR 3) SOLANA 4) LINK 5) ETH __________________________________ I'll keep adding to the list over the next few days as there are MANY more. FOLLOW for alerts!
Long
by CryptoCheck-
4
Dogecoin Weekly Analysis: +100% Expected Return! (READ CAPTION)By analyzing the #Dogecoin chart on the weekly (logarithmic) time frame, we observe that the price finally managed to fill our desired FVG with a powerful drop, followed by a 57% surge from $0.091 to $0.1437. Now, we can see on the chart that, like other cryptocurrencies in the market, Dogecoin has also undergone a price correction and is currently trading around $0.1130. If the price stabilizes above the $0.091 level, we can expect further growth from Dogecoin, with the next targets being $0.14, $0.1660, and $0.23. The expected return in the medium term is over 100%. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
1
DOGEUSDT.1DAs I analyze the Dogecoin (DOGE) paired with Tether (USDT) daily chart, several key technical aspects come to light. The price trajectory shows a significant consolidation phase, navigating within a defined range underpinned by crucial support and resistance levels. Resistance Levels and Price Ceilings: The immediate resistance is marked at R1 ($0.16666). This level previously acted as a barrier, and a price push above this could signal strengthening momentum. The secondary resistance (R2) lies higher and serves as a pivotal point for assessing the potential for bullish continuation. Support Levels and Price Floors: The price recently tested the support at S1 ($0.12079), which successfully halted further declines. A crucial lower support at S2 ($0.09766) provides a deeper safety net, where buyers might emerge strongly to defend price drops. Technical Indicators Overview: 1. MACD (Moving Average Convergence Divergence): Currently, the MACD line slightly hovers above the signal line, indicating a marginal bullish presence. However, the proximity to a bearish crossover suggests that the bullish momentum is weakening, necessitating vigilance for potential shifts towards bearish dominance. 2. RSI (Relative Strength Index): With an RSI reading of approximately 46, the market does not exhibit conditions of being overbought or oversold. This neutral stance points to a lack of decisive momentum, placing importance on upcoming trading sessions to clarify directional intent. 3. Trend Analysis: The breakdown below the trendline T marked a significant shift in market structure from an upward bias to potential bearish control. This trendline breach should be viewed as a bearish signal unless the price reclaims positions above this level. Trading Strategy: Given the current technical setup, traders should adopt a cautious approach, monitoring for a definitive move either above R1 or below S1. A break above R1 could validate bullish sentiments, potentially targeting R2. Conversely, a break below S1 could intensify selling pressure, aiming for S2. In conclusion, the current market condition of Dogecoin suggests a tug-of-war between bullish and bearish forces with pivotal actions expected at the key technical levels mentioned. Traders should remain adaptive, employing stop-loss orders to manage risks effectively, and capitalizing on clear signals provided by further price action and indicator movements.
by MarsSignals
DOGE - 120% Increase FIB Target (⊙_⊙)Dogecoin is looking bullish here for a couple of reasons: 1) Chart Pattern Inverse Head and Shoulders in the Daily 2) Technical Indicator "BUY" flash in the weekly 3) Trendline Analysis Higher lows, consistently If you've been following, you'll know I've been looking at a multi-month playout where we can expect another impulse wave up in Bitcoin as well as for altcoins, naturally. A few days ago I made a post on why I believe the corrective phase is over, and why we're likely in the beginning of the new impulse wave up. 👇 It's important to note that this impulse wave is potentially another multi month playout . But with patience, and courage, it can be a rewarding upcoming few months. ___________________________ KUCOIN:DOGEUSDT
Long
by CryptoCheck-
Dogecoin (DOGE): is rally possible?Dogecoin (DOGE) formed a falling wedge pattern and was on the verge of a bullish breakoutfrom it. Another analysis perspective showed that the breakout has already occurred. In either case, the price has stalled over the past week and wiped out some of the earlier gains. Despite that, it maintained the bullish market structure on the 1-day chart. Things were not as simple, and the bulls had significant challenges ahead. The market structure was still bullish after the structure break earlier this month. Since then, the meme coin has not formed a lower low. The RSI was also above neutral 50, although just barely. Together they showed that the bulls still have a chance of pushing prices higher. However, the trading volume has been very low throughout July. Even when the prices started climbing higher halfway through the month, bullish conviction was hard to come by. The OBV reflected this fact with a tepid bounce in July, and over the past few days has resumed its slump. The 90-day MVRV ratio showed DOGE was undervalued despite the recent bounce. This was encouraging as it reduced the likelihood of a wave of selling from profit-takers. Whale selling combined with a lack of trading volume meant that the chances of a strong rally were slim. A Bitcoin (BTC) pullback can impact sentiment more in these conditions, especially since the BTC-DOGE correlation stood at +0.95.
by paul_endeo
Trade Setup: DOGE Long PositionMarket Context: DOGE is reclaiming its range low after a change of character (CHOC). It is setting a higher high and a higher low into the 21-day and 200-day EMAs. The range low is being treated as invalidation if the price closes below this support level. Trade Parameters: Entry: Enter a trade around $0.129 to $0.13. Take Profit: First target: $0.157 Second target: $0.187 Third target: $0.22 Stop Loss: Set at a daily close below $0.115 📊 Monitor the price action around the 21-day and 200-day EMAs. Adjust your trade based on market conditions and be cautious of any signs of reversal or further downside. #DOGE #CryptoTrading #TradeSetup 🎯
Long
by Richtv_official
DOGE/USD: Wyckoff Reaccumulation Schematic in PlayDOGE/USD appears to be following the Wyckoff reaccumulation schematic, a pattern that suggests a continuation of the uptrend after a period of consolidation. This phase often indicates strong hands accumulating more positions before the next leg up. Traders should watch for key signs such as increased volume on up moves, higher lows, and breakout above resistance levels to confirm the reaccumulation phase. If the pattern holds, DOGE/USD could be poised for significant gains as the reaccumulation process completes.
Long
by awsmtrades
DOGE - DON'T MISS out on ALTSEASON 2.0 !Yesterday we took a look at altcoins that are strong currently - and today I'm adding another, DOGEUSDT. ✅ From a technical indicator perspective, Doge is ready to reclaim a key trendline, as the price is consolidating right under it (bullish). "Extremely Oversold" is usually a good place to buy: ✅ From a Chart Pattern perspective, we observe an inverse Head and Shoulders pattern forming, which is also bullish and confirms a direction reversal. Furthermore, a total of -60% has been retraced and this is prime time for a new upwards wave: ✅ From a trendline analysis, we have successfully reclaimed the neckline after closing daily candles ABOVE the old peak: I conclude to say that according to the trend and all other signs - the price is short term and long term bullish from here. _________________________________ BINANCE:DOGEUSDT
Long
by CryptoCheck-
1
DOGE: DO NOT MISS IT HERE!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! DOGE looks good in the daily time frame. Breaks out from the bull flag-like pattern here and currently retesting the support trendline. Buy some here and add more in the dip. Entry range:- $0.12-$0.13 Targets:- $0.173/$0.203/$0.274/$0.334 SL:- $0.1 What are your thoughts on DOGE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1