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Dogeusdt

Dogeusdt's Potential Breakout: 100% Rally Target AheadDogeusdt Price Analysis: Descending Channel Pattern Suggests Potential Breakout Dogeusdt shows signs of trend reversal with a potential 100% rally if resistance is breached Dogeusdt Price Analysis: Long-Term Consolidation and Bearish Rejection at Resistance Level Dogeusdt, the popular cryptocurrency, has been consolidating within a relatively tight range of $0.1420 to $0.5140 since mid-February 2022. During this period, the market has shown prolonged sideways movement, indicating a lack of clear direction. However, in late October 2022, Dogeusdt made a significant attempt to breach the resistance level. Unfortunately, the bullish momentum was short-lived, as bears took control and formed a strong bearish Inverted Hammer pattern at the critical resistance area of $0.1420. This rejection proved to be a significant setback for Dogeusdt, leading to a continuation of the downward trend that has persisted since then. Potential Trend Reversal: Dogeusdt Shift from Lower Highs to Higher Highs Recent price action in Dogeusdt suggests a potential shift in its trend structure. The cryptocurrency has been consistently forming lower highs and lower lows, signaling a bearish trend. However, there are indications that this pattern may be coming to an end. Dogeusdt has been continuously breaking lower, and it is now approaching the previous Continue to Structure (CTS) area. Moreover, on June 11th, 2023, the cryptocurrency experienced a noteworthy 15% pullback in a single day, suggesting a possible reversal of the prevailing bearish sentiment. If this shift from lower highs to higher highs materializes, it could be a significant turning point for Dogeusdt. Technical Analysis: Dogeusdt Trapped in Descending Channel Pattern, Resistance at Trend Line A closer look at the technical analysis reveals that Dogeusdt has been trading within a Descending Channel Pattern since November 7th, 2022, and has remained within this pattern until July 15th, 2023. This pattern is characterized by a series of lower highs and lower lows, reflecting the prevailing bearish sentiment. During this period, Dogeusdt has witnessed a substantial decline, losing approximately 50% of its value. Notably, the price has encountered three rejections at the resistance level formed by the descending trend line. These rejections indicate strong selling pressure and suggest that the trend line resistance is a significant hurdle for Dogeusdt's upward movement. Breakout or Continuation: The Crucial Levels to Determine Dogeusdt Future Trend The next price movements in Dogeusdt will be crucial in determining whether the cryptocurrency experiences a breakout from its current downtrend or continues to move lower. A decisive break above the trend line resistance at $0.08101 could mark a potential trend reversal. Such a breakout would indicate a shift from the lower low and lower high structure to a sustained pattern of higher highs and higher lows. If this breakout occurs, it would provide a highly favorable opportunity for traders and investors, potentially leading to a significant rally in Dogeusdt.
Long
by TheNewsCrypto
29
BTCUSDT H4: SHORT SETUPHi Guys Hope you well. As indicated in the chart, you can see 3 selling trading positions. Don't forget to enter the trade in the low time after getting confirmation from the chart. In the first set-up of FVG and in the second and third set-up, the supply area is the place to enter the position. With the excitement on Thursday from the Ripple market court, there was a good growth especially in altcoins, but the exhaustion of the trend is completely evident in Bitcoin, and I expect the end of the uptrend.
Short
by Secondchancecrypto
DOGE: Falling Wedge BreakoutDogeCoin (DOGE) technical analysis: Trade setup : Bullish breakout from Falling Wedge pattern, which could signal that buyers have finally absorbed the supply from sellers and the price could reverse trends. Confirmation came when price also broke above $0.07 resistance. The following resistance is 200-day moving average ($0.08). Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.055. The nearest Resistance Zone is $0.070, which it broke, then $0.100, $0.115.
Long
by altFINS
1
DOGE: Clever Trick to Outsmart Investors - Timing is Everything DOGE Coin was designed to make even the greatest investors doubt themselves. And guess what? After the recent (not surprising to me and my inner circle) XRP pump, DOGE Coin thrived on that disbelief. Many panicked and sold their bags at a loss, rushing into new sheeshcoins in search of quick gains. But here's the thing, the subsequent DOGE pump was all part of a clever strategy to offload MarketMaker bags without causing significant BTC pressure. As a result, we've seen a consolidation phase with occasional altcoin pumps, sparking hope for an upcoming altseason. But don't get too excited just yet. If you check your charts, you'll notice that a similar scenario between XRP and DOGE has happened before, and history tends to repeat itself. Now, let me share a killer 5RR setup based on the recent STB move on the 4H chart. Right now, accumulating DOGE between $0.07 - $0.066 is a fantastic entry opportunity. Just be smart and set a safe stop loss at $0.0632, which would invalidate the idea if triggered before a possible BTC dump. My main target is set at $0.11, showing where I expect the price to reach.
Long
by ICTnewRetail
ETHUSDT H4 :SHORT SETUP Hi Guys. Hope you well If we look at the classical point of view, the head and shoulders are formed in the ceiling and I expect to fall as much as the neck line to the box area. From the point of view of smart Money, there is liquidity above the two ceilings that have been specified, and also the good supply area of the market can hunt the red box and then we can see a fall to the FVG area. SecondChanceCrypto ⏰13/JULY/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And please don't forget to support this idea with your likes and comments.
Short
by Secondchancecrypto
DOGEUSDTDogecoin position shorts Dogecoin has broken the upward channel that is in the one-hour time frame and is also at the ceiling of the short-term channel of 15 minutes, according to the picture, the position of the transaction has been determined. The entry point at the ceiling of the stop loss channel is slightly higher than the floor of the one-hour channel and the target is the middle of the 15-minute channel as well as the 0.382 Fibonacci level. Enter: 0.0649 SL: 0.0659 Tp1: 0.0632 Tp2: 0.0621
Short
by currenceland
Considerations for Trading DOGE: A Cautious ApproachI want to draw your attention to an intriguing scenario involving Dogecoin (DOGE) trading, specifically when the price is below the Simple Moving Averages (SMA) of 50 and 200. Still, the Moving Average Convergence Divergence (MACD) indicator shows a promising trend reversal. While such a situation may appear tempting, exercising caution and thoroughly evaluating the potential risks before making any trading decisions is crucial. This idea highlights the key factors you should consider before engaging in any DOGE trades under these specific circumstances. 1. SMA 50 and 200 - The first point of concern arises when the DOGE price falls below SMA 50 and 200. This indicates a potential bearish trend, suggesting that the overall sentiment surrounding DOGE may be harmful. It is essential to recognize that trading against such a trend can be hazardous, as it often requires a comprehensive understanding of market dynamics and strong technical analysis skills. 2. MACD Trend Reversal - Conversely, the MACD indicator might reveal a promising trend reversal, indicating a potential shift from bearish to bullish sentiment. This could be an enticing opportunity for traders seeking to capitalize on short-term gains. However, it is essential to remember that indicators alone do not guarantee success. A thorough analysis of other market factors, such as trading volume, support, resistance levels, and overall market sentiment, is crucial to making informed decisions. Considering the above factors, it is evident that trading DOGE under these specific circumstances requires a cautious approach. Here are a few call-to-action points to encourage you to sell DOGE carefully: 1. Conduct Comprehensive Analysis: Prioritize conducting a comprehensive technical analysis, considering the MACD indicator, other relevant indicators, and market factors. This will help you gain a holistic view of the market sentiment and make informed trading decisions. 2. Seek Professional Advice: If you are uncertain about the risks and rewards associated with trading DOGE under these circumstances, consider consulting with experienced traders or financial advisors who can provide valuable insights and guidance. 3. Practice Risk Management: Always implement appropriate risk management strategies, such as setting stop-loss orders and determining risk tolerance. This will help protect your capital and minimize potential losses. 4. Stay Informed: Stay updated with the latest news, market trends, and developments in the cryptocurrency space. This will enable you to effectively make more informed decisions and adapt to changing market conditions. In conclusion, while the combination of DOGE's price below SMA 50 and 200 and a promising MACD trend reversal may seem tempting, it is crucial to approach such trading scenarios with caution. Thorough analysis, seeking professional advice, practicing risk management, and staying informed are essential steps before engaging in any DOGE trades. Remember, successful trading requires knowledge, experience, and careful decision-making. Approach DOGE trading under these circumstances with a cautious mindset to mitigate potential risks and maximize your chances of success.
Short
by bryandowningqln
BTCUSDT H4: NICE SHORT SETUPHi Guys , Hope you well A trend has been made below the price, which is breaking, showing us the range of 28,600-26,000. Also, the economic data was announced in accordance with the market's decline. I expect the price to suffer for a while and then we will see a rapid downward movement. SecondChanceCrypto ⏰6/JULY/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And please don't forget to support this idea with your likes and comments.
Short
by Secondchancecrypto
5
DOGE -BULLISH: BTC Halving, ALTS RotateHi Traders, Investors and Speculators of Charts📈📉 The cryptocurrency market is constantly evolving, and one of the most interesting trends to watch is the rotation of liquidity between BTCUSDT and altcoins. This refers to the movement of capital/cash/dollars between BTC and alts as investors seek out the best opportunities for short term gains. Historically, Bitcoin has been the dominant player in the crypto market, accounting for the majority of trading volume and market capitalization. However in recent years, altcoins have begun to gain traction and there has been a growing trend of investors rotating their liquidity from Bitcoin into altcoins. Not to mention the fact that Mr. Elon Musk himself is always bullish on Dogecoin and this has resulted in increased adoption for the altcoin DOGEUSDT. The Bitcoin halving is an important factor to keep in mind in the coming months as this affects the rotation of liquidity between Bitcoin and altcoins. (The halving is an event that occurs every four years, when the reward for mining a new block is cut in half) . This reduces the supply of new Bitcoin entering the market, which can lead to an increase in price. If the Bitcoin halving leads to a significant increase in the price of Bitcoin, it is possible that some investors will rotate their liquidity out of altcoins and into Bitcoin (meaning that the price of alts will INCREASE up until the halving, where it will then exit alts and enter BTC market again). The next Bitcoin Halving is scheduled to take place around April or May of 2024. Order of the Rotation Based on the Market Cap of the Altcoin The order of the rotation of liquidity between Bitcoin and altcoins is typically based on the market capitalization of the altcoin . The largest altcoins, such as Ethereum, Litecoin, and Ripple, tend to see the most liquidity rotation, as investors move their capital into these assets in search of growth opportunities. As we have recent seen significant increases in Solana, Litecoin and ETH, we can now expect liquidity to rotate into the next class of alts with slightly smaller market caps then the previous class, including DOGE. These are some of the fundamental reasons on why I am bullish on DOGECOIN up until the point of the BTC halving next year. The technical reasons for my bullish sentiment have been discussed in the video, including Technical Indicators and Macro phase analysis. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck _____________________ CRYPTOCAP:DOGE BINANCE:DOGEUSDT BINANCE:DOGEUSDT.P OKX:DOGEUSDT COINBASE:DOGEUSD KUCOIN:DOGEUSDT BINANCE:DOGEBTC CRYPTOCAP:DOGE.D COINBASE:DOGEUSDT
BINANCE:DOGEUSDLong
by CryptoCheck-
19
MACD Bullish Push on Bollinger Bands - Time to Consider DOGEToday, I wanted to share some fantastic news that may pique your interest and potentially present a profitable opportunity. So, grab your favorite beverage, sit back, and let's dive into it! I've been closely monitoring the market trends recently, and I'm thrilled to inform you that a bullish push has been observed on the Bollinger Bands, thanks to the MACD indicator. This development has caught the attention of many seasoned traders, and I couldn't help but share the excitement with you all! For those unfamiliar, the Bollinger Bands are a popular technical analysis tool that helps identify potential price breakouts and volatility. When the MACD (Moving Average Convergence Divergence) indicator aligns with the Bollinger Bands, it often signals a solid bullish pressure building up. This combination can be a game-changer for traders seeking profitable opportunities in the market. You might wonder, "What does this mean for us?" Well, my friends, this could be the perfect time to consider lining up positions in DOGE (Dogecoin) – a digital asset that has been capturing the crypto community's attention lately. With the MACD pushing bullish pressure on the Bollinger Bands, DOGE may soon experience a significant upward movement. While it's essential to remember that no trading decision is without risk, this exciting market development presents a potential opportunity for those looking to ride the wave of DOGE's price movement. Whether you're a seasoned trader or just dipping your toes into the crypto world, it's worth considering the potential gains from positioning yourself strategically in DOGE. So, my fellow traders, I encourage you to take a moment to analyze the market, conduct your research, and consider the potential benefits of lining up positions in DOGE. Remember to set your stop-loss orders and manage your risk effectively, ensuring a safe and enjoyable trading experience. If you have any questions, need further insights, or want to share your thoughts on this exciting development, please comment. I wish you happy trading and prosperous gains!
Long
by bryandowningqln
1
LINKUSDT DAILY : WHERE IS THE FLIPHi Guys Hope you well, As you can see, the link was able to make a good move and the price of almost 35% growth in the daily time, according to the conditions of Bitcoin, it can be expected to experience a weak decline and then reach the supply areas in the daily time form. Two zones have been specified for the return of the price, which should be checked when arriving according to the conditions of Bitcoin. SecondChanceCrypto ⏰2/JULY/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And please don't forget to support this idea with your likes and comments.
Long
by Secondchancecrypto
2
SasanSeifi 💁‍♂️DOGEUSDT👉1D 0.064/ 0.060 ?🤔 let's see 🔻HI TRADERS ✌ As you can see, after the price drop from the supply area, it is currently fluctuating slightly in the range of 0.076. The scenario that we can consider is if the price penetrates below the 0.071 range and stabilizes in the daily time frame. The possibility of further correction up to 0.064 and the OB range of 0.060 can be considered and then grow from the specified ranges. We have to see how the price will react to the important range of 0.081 / 0.082, otherwise, if the range of 0.071 is maintained and the price penetrates above the range of 0.082, we may see a positive fluctuation and The desired correction scenario will be fielded. In my opinion, the best entry point for buying could be the ranges of 0.067 / 0.064 / 0.060 in case of confirmation for buying. ❎ (DYOR)...⚠⚜ What do you think about this analysis? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
Short
by SasanSeifi