🚀 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.
Dogeusdt
Higher Lows, and Off we Go!!I love the line work that forms at the start of the exponential runs! How far will it go? Maybe santa can tell us?!! is your heart open? mine is! I love!!! .. . .and i adore DOGE coin. maybe this is the closest we can get to a currency of Love? im onboard for that!
Let"s go DOGE!!!
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.
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.
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!
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
Watch out AXS, CAKE and Doge, they will join their friendsDue to the pumping of altcoins in the last few weeks, I had time to make a review.
Among the altcoins that had a good pump in the past bullrun like SOL and AVAX, and among those that had a lot of decrease like CAKE and ICP, I handpicked a few undervalue GEM
With today's ICP Token pump, it seems that two altcoins are prone to pump: AXS, CAKE and Doge.
Sooner or later they have to pay back their debt and going high, so I'll buy some of them here
#DOGEUSDT: Strong bullish impulse expect to occur from our zoneDear Traders,
The next couple of weeks, we expect crypto market to be extremely bullish and that is why dogecoin is one of the coin that has possibility to go up and above. We expect price to drop and touch our demand zone from there we expect price to bounce rapidly. We expect price to drop to our demand zone by end of tomorrow.
DOGE/USDT It required break the key level or will be rejected ??💎 DOGE has undoubtedly garnered significant attention in the market. Confronted with a challenging resistance area, DOGE needs to breach this level to sustain its upward momentum. The well-executed bounce from the demand area suggests a potential breakout from the resistance in the near future.
💎 If DOGE successfully achieves this breakout, there's the probability of substantial upward movement, reaching our target area.
💎 However, if DOGE fails to break the resistance in the near future, a retracement to the demand area becomes likely. The confirmation of a negative scenario occurs if, during the retesting phase at the demand area, DOGE fails to maintain its position, leading to a breakdown. In such a case, DOGE would shift to a bearish movement, potentially retracing to the robust support area.
roadmap to $0.12 doge + possible breakoutLet Me First Say I called this original breakout for Doge at 8 cents
when everyone was saying short it. Over 60% of the market was short on doge at that point.
We have 3 solid confirmations on the bottom that confirms this path should take us to the top of the 2nd resistance line to attempt a breakout so follow this uptrend channel and wait for a possible breakout or short position. Keep in mind doge has be trading very similar to BTC so never look away from it to see if it knocks it off it's path.
Good luck!
Dogecoin Price Surges Past $0.1 as Traders Horde More DogeCoinBitcoin’s explosive rally over the past month has led to a state of euphoria in the crypto market, with investors willing to engage in higher degree of risk-taking. Unsurprisingly, altcoins are witnessing explosive breakouts, with meme coin prices also heating up.
According to CoinMarketCap data, the meme coin market cap has appreciated by 6% over the past 24 hours, with an average price increase of 11%. The top meme crypto – Dogecoin ( CRYPTOCAP:DOGE ) – has soared by 4% over the past 24 hours, thanks to a 22% bounce in its daily trading volume.
The Dogecoin price has now breached the crucial $0.10 level, creating a monthly high of $0.105 earlier this week. After clearing the $0.069 resistance back in October, CRYPTOCAP:DOGE has appreciated 52% since, climbing 22% this week alone. The top meme coin now has a market capitalization of $14.5 billion, making it the 9th largest crypto in the market.
Why Is Dogecoin Going Up?
Due to the ever increasing likelihood of a spot Bitcoin approval, BTC created a new yearly high of $44.7k earlier this week. However, the largest cryptocurrency has since been consolidating below the $44k level, allowing the market capital to rotate to the altcoins and the meme coins.
As a result, Dogecoin breached all major resistances, paving the way for a strong upside move. Over 63,000 addresses purchased over 3.2 billion CRYPTOCAP:DOGE at $0.095, converting that price point into a strong support for a potential rally to $0.14.
Earlier this week, CoinDesk reported that the Dogecoin price experienced a minor reversal when Elon Musk tweeted that his artificial intelligence startup xAI was not raising any money. However, the dog-based meme coin held strong, immediately reclaiming the $0.10 price mark.
The Dogecoin community is also hyped over the upcoming Astrobotic launch, which could literally send “Doge to the moon”. The Pittsburgh-based aerospace company is planning to send a physical Dogecoin to the moon via ULA’s Vulcan Centaur Rocket on the 23rd of December.
Dogecoin Price Prediction – How High Will Dogecoin Go?
Despite Doge’s strong move to the $0.102 mark, the top meme coin still has tremendous price potential. TradingView’s Dogecoin technical analysis highlights that the meme coin is outperforming all crucial moving average indicators in the daily and weekly time frame, giving it a “Strong Buy” signal.
In the monthly time frame, the bulls are looking to target the 30-month Simple Moving Average at $0.115 mark.
There are two scenarios (DOGE)
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📈There are two scenarios to enter, if the resistance area fails, I will buy and if it does not fail, I will sell.
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
DOGEUSDT # 002 ( Two Bullish scenario !!! ) Hello dear traders.
Good days .
As we expected on Alt season , DOGEUSDT has good opportunity to rise with this wave .
Exactly after 0.25 Monthly Gann Square time zone , bullish rally started .
Two scenario we can consider for doge which is depend on the market .
1st scenario ( Green Arrow ) : on Daily Gann Square and how it moved , is the logic move what we expect.
2nd scenario ( Blue Arrow ) : it can move to the second Target which is not unexpected .
You can see Daily Gann Square detailed analysis on updated idea .
Road map is plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments .
DOGEUSD: Forecast 2023DOGEUSD: Forecast 2023
Medium term idea. The coin has been in accumulation for more than a year. As a rule, after such a long accumulation, an impulse growth follows. Most likely he will be somehow connected with Musk and Twitter.
After breaking through, we expect taking such targets on the chart: 0.1187 - 0.1396 - 0.1653 - 0.2027
We also offer the idea of a more local trade: You can trade in the green channel. When the price approaches the resistance zone, we fix the part, and re-enter on the rebound down. At the same time, we advise you not to touch the main part of the deposit, which lies in the doge, when the pump starts, the price will very likely fly up without any rebounds and retests.
If you like the idea, don't forget to subscribe and rate like👍
DOGE Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the DOGE symbol.
The structure of Dogecoin is bullish. It can climb by maintaining the green area.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
DOGE target $0.11398Doge perform channel down, but you can see that CRYPTOCAP:DOGE have a strong bullish movement
to follow bullish, best entry point at fibonacci, minor support or major support
channel down resistance can be intraday target.
My opening position :
Buy long : 0.09508
stoploss : 0.09430
take profit : 0.11398
Stoploss risk : $1.2189
Takeprofit projection : $24.23
Profit percentage : 2423%
Rr Ratio : 24.3
Hedging :
Rebuy : Minor trendline
rebuy : Major trendline
*blue line are major trendline support