Dogeusdt
DOGE → Breaking Resistance to $0.10? $0.15?? Let's Clarify.Dogecoin is knocking on the door of the Resistance Zone looking to hit the next price targets. We're currently in an ascending triangle which is bullish, will Doge break out?
How do we trade this? 🤔
There are several reasons to be bullish; Bullish Macro Trend, Ascending Triangle pattern, Above 30EMA and 200EMA Ribbons, RSI above the Moving Average, and Bitcoin broke out of its Weekly Resistance. That's quite the list of reasons to get long! But should we long now?
There is one important reason we shouldn't long; we're at resistance. Never long resistance! We should wait for resistance to be broken and then tested as support before entering a long position. Once broken and support has been tested, long around the $0.89 area and set a 1:3 Risk/Reward. I recommend selling half of your position at 1:1 Risk/Reward, moving the stop loss up to your entry price, then swinging the rest of the position to at least 1:3 Risk Reward or until you see a reversal signal.
The immediate target after breaking resistance is $0.10 but if the market takes off, we could see highs up to the next major resistance around $0.15.
💡 Trade Idea 💡
Long Entry: $0.888
🟥 Stop Loss: $0.8620
✅ Take Profit #1: $0.9140
✅ Take Profit #2: $0.9666
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. Ascending Triangle, Bias to Long.
2. Two Rejections, Third one is underway.
3. Wait for a Break of Resistance and a Test of Support Before Longing.
4. RSI at 63.00 and below Moving Average, Short-Term Bullish.
5. Long Above Resistance, Stop Loss Below Resistance Zone.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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SasanSeifi 💁Daily Price Analysis and Potential Growth ScenarioHello there! 😊
In the daily time frame, as you can see, the price has been accompanied by a minor correction, and it has currently shown positive reaction support. It seems that the price is in the process of completing a pullback. The scenario we can consider in the daily time frame is as follows: if the support range is maintained, the price may continue to the resistance range of 0.074 and the supply zone of 0.080 with further growth. In the case of growth, to understand the continuation of the price movement, we need to see how the price will react to the resistance zones.
🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
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Dogecoin (DOGE) Poised to Continue Upward Trend
Dogecoin, maintaining a high correlation with Bitcoin, is also experiencing an upward trend. Since October 15, DOGE has increased by 70%, marking a new annual high at $0.0925.
With Bitcoin's ongoing positive trend, the growth of DOGE is also expected to continue. The next targets for buyers are set at $0.094, $0.097, and the significant $0.100 level. These targets may be tested as soon as the coming week.
If a market correction occurs, DOGE’s price could drop back to support areas around $0.086-$0.088, $0.0821-$0.0841, and $0.0800. However, if Bitcoin sharply falls below $39,000, DOGE might swiftly break through these support levels, suggesting that setting limit orders at this time might be risky.
DOGEUSDT HTF Analysis for Long PositionsCloses above the blue box (legit Support/Resistance) may reflect positively on #DOGE, even if short-term.
Otherwise, it may be considered to take trades by looking for confirmation (cuz its current market is bearish) at points such as the green box and green line.
Confirmations = Breaker, Mitigation, Swing Failure Pattern on 1H or less timeframe.
Doge Innverse H&S Target $0.092 and breakoutI was originally was tracking doge for a H&S pattern based on how bitcoin goes and if would force doge back into the downtrend and they I stumbled into this play because that and right now it's been looking strong and keeping in this uptrend channel.
Currently sitting. at$0.084 with 8 cents (80%+ left to play out)
KEEP BTC CHART OPENS AND WATCH FOR SWINGS AS PATTERNS USUALLY MEAN NOTHING DURING THOSE MOMENTS. CHEERS
DOGE : RALLY before OR after XMas?Hi Traders, Investors and Speculators of Charts📈📉
As seen on the chart, I've highlighted some potential signs that will help to determine whether we can expect a rally before the 25th or after the 25th / in 2024 :
- If Doge is getting ready for a rally before the 25th, we can expect to see some higher lows. Currently we're trading lower than we did two weeks ago this time.
- If Doge continues to trade range, it's more likely for another wick towards the lower support zone before we observe a breakout.
The price action over the next two weeks will indicate whether or not we can still expect a rally this year, or only next.
For the short term, I'm leaning towards lower price action on DOGE, expecting one more wick towards the lower support :
The main reason for my short sentiment, is the clear bearish technical indicator in the short term:
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BINANCE:DOGEUSDT BINANCE:DOGEUSD
DOGE Sunday FunWave - 1H chart: 2% - 5% quick profit scenarioHi Traders,
I catched a heavy bullish sign with the 1H DOGEUSDT chart.
Stoch RSI extreme bullish
We are above the GREEN ichimoku cloud which is a good thing.
Downtrend probably flips to uptrend.
The exact movement can be observed in the chart.
I will try to hit this, but not leave my position overnight, because on a bigger scale, in 1D and especially in 1W, i am extremly bearish.
Share yours!
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DOGE may fallWe have a structural weakness and the structure seems downward.
On the CH chart, we have a bearish trend and a resistance range. If Doh fails to break through this level, there will be a deep drop to TP.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
DOGECOIN / USDT drop expectedI think too much liquidity has built up below Doge, I'm banking on a pullback. I will open a short on the breakdown of this yellow support level with TP1 & TP2 here. It's possible that Doge goes up first, makes a double top of sorts and then comes down, either way, I'll be waiting here for a short.
DOGE 1HR → A Drop Before the Pop! Here's a Setup for Max Profit.Doge is currently marching forward in a bull channel showing the bears who's boss. Both the Daily and Hourly timeframes are bullish, but don't long yet! Within the 1HR bull channel is an ascending wedge pattern, a bearish signal. Does that mean we short?
How do we trade this?
Shorting in a bull channel is not ideal, there are more bull candles than bear, making the probability of profit greater for the bulls. We should let the ascending wedge pattern play out, and let the price fall near the bull channel support and bounce. If Doge gives us a strong bull signal and confirmation bars closing on or near their highs, it's reasonable to long. Place a protective stop below the bull channel support or 200EMA and set a take profit target near the previous high of $0.083.
Trade Idea
Long Entry : $0.0795
Stop Loss: $0.0775
Take Profit: $0.0835
Risk/Reward Ratio: 1:2
Key Takeaways
1. Bull Channel, Bias to Long.
2. Ascending Wedge Within Bull Channel, Bearish Short-Term.
3. Wait for Bull Signal and Confirmation to Long off of Bull Channel Support.
4. Bitcoin Struggling to Break Weekly Resistance, a Market Leading Indicator.
5. RSI at 50.00 and below Moving Average, wait for a sign of support to Long.
You are solely responsible for your trades, trade at your own risk!
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DOGE: Approaching ResistanceDogeCoin (DOGE) technical analysis:
Trade setup : Following a bullish breakout from Descending Triangle, price broke above 200-day moving average, which confirmed an Uptrend. Price also briefly broke above $0.08 resistance where it got rejected in August but has pulled back on some profit taking. Now we wait for price to either
1) break above $0.08 again to signal continuation of uptrend, with upside to $0.10, or
2) pull back near $0.07 support for a swing entry in Uptrend with upside potential back to $0.08. Fibonacci retracement levels are $0.075 (38.20%) and $0.0725 (50%).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.070 (previous resistance), then $0.060. The nearest Resistance Zone is $0.08, then $0.10.
DOGE ☀️ 24-Hour Upside Potential; Time to Buy?Bearish clouds ☁️ linger over the global crypto market in the next 24 hours, signaling a downward trend for Bitcoin, Ether, and altcoins. Only Dogecoin sees a slightly bullish ☀️ break, hinting at upside potential, per ATTMO.
Over a one-week horizon, the ☀️ will return, shining over much of the crypto universe. Altcoins like Avalanche, Ripple’s XRP, Polkadot, and Polygon face lingering bearish clouds. ☁️
Follow us for more crypto weather reports!
DOGE will decrease by 20%, then does the magic as always.Hi Traders,
Just some basic weekly candlestick check.
We saw a brutally nice red hammer at the top of the trend. This symbolize a massive price decrease in the short term (1-3 weeks).
Stoch RSI is already showed that we will go down.
Also, the Ichimoku cloud is read and thick as hell, which basically means that it is barely impossible to go above or into that level. This is the rule how we should read the indicator.
I expect a price decrease around 10-20% and then a massive increase. Check my BTC idea also, because the market is still led by the big pappa, the BTC. :)
Best of luck.
Doge Crazy Numbers are Talking- Don't look at the Fibo, it's messy.
- i just added Fibo on this trend because i want to see the final results after next bullrun.
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- So let's talk % :
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- if u bought the bottom in 2016 and Hodl Doge until ATH.
- You could have win 930 000%+
- invest 1000$ in 2016 Bottom
- Get 9,300,000$ at the top of the ATH in 2021 ( yes 9.3 Millions $)
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- if u bought the bottom in 2019 and Hodl Doge until ATH.
- You could have made 30 000%
- invest 1000$ in 2019 Bottom.
- Get 301,000$ at the of the ATH in 2021.
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- The last bullrun in 2021 was Extremely Bullish.
- if you know about Fibo, you will notice the " WTF ?" in the chart.
- Doge literally exploded the 423.6% Extension to go 100%+ Higher...
- what a performance!
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- So for the next bullrun the minimum we could get for Doge is 3$.
- Around 5600% from the last bottom.
- invest 1000$
- get 56,000$
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- So all those numbers and % look crazy right ?
- But Numbers are talking, not me!
- Remember one thing, to be a day trader is really hard.
- But to be Hodler and armed with patience is much more easy.
- Making money is the long run is the best method.
- invest what u don't need for living and just wait few years.....
Happy Tr4Ding !
DOGE Looks ☀️; Upside Potential in the Next 24 Hours? Mixed trading conditions hover over the global crypto market 🌐 in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin and Dogecoin. However, bearish clouds ☁️ will exert pressure on the rest, including Ether, Ripple’s XRP, and Binance Coin.
Over a one-week horizon, the sun is forecasted to break through 🌥️, casting rays of positivity on Ether, Litecoin, and Binance Coin. Bitcoins are expected to bask in this upside trend ☀️, according to ATTMO. Nevertheless, bearish clouds are predicted to persist over XRP, Avalanche, and Polkadot. ☁️
Follow us for more crypto weather reports!
DOGE → To the Moon or Doom!? This Chart Makes It Clear.Dogecoin is currently sitting on Bull Channel Support, a moment we need to pay close attention to if we want to enter a trade and maximize our profits. If the price falls through, we should be looking to get short and a bounce means we ought to long.
How do we trade this?
If you're not in a trade right now, wait. We need to see not only a bull signal bar but a bull confirmation bar as well for optimal justification to enter a long. That means a bull bar closing on or near its high above the bull channel support. Long take profit targets could be the previous high of around $0.087 and the top of the bull channel of around $0.09. Stop loss should be just below the 200EMA.
To justify a short, we need to see a bear bar closing on or near its low below the bull channel support, preferably below the 200EMA. That would be our signal bar, the confirmation would be a follow-through bar closing on or near its low below the 200EMA. Reasonable take profits would be the previous support areas around $0.068 and $0.06. Stop loss just above the 200EMA.
Key Takeaways
1. Bull Channel, Bias to Long.
2. Currently Testing Bull Channel Support.
3. Wait for Bull Signal and Confirmation to Long.
4. Bitcoin Struggling to Break Weekly Resistance, a Market Leading Indicator.
5. RSI at 42.00 and below Moving Average, wait for a sign of support to Long.
You are solely responsible for your trades, trade at your own risk!
If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
DOGE Dogocoin Price Target If you haven`t bought the dip on DOGE:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is DOGE Dogocoin.
I've set a short-term price target for DOGE Dogocoin at $0.070.
Looking forward to read your opinion about it!