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Dogeusdt

✴️ Dogecoin Long-Term Consolidation & Volume +TradingTipsWhile the consolidation phase can least up to 9 months, 6-8 months is normally what it takes for this type of Altcoin to go from bullish wave to bullish wave. The bear market bottom low has been set, this is easy to see: It happened almost a year ago at $0.4938. The current price trades around 43% higher. What we are concern with now is the next bullish wave. After the November 2022 peak, we have a long-term corrective phase reaching now 7 months. First we had a classic zig-zag correction, followed by sideways with a wide range and since mid-March 2023 higher lows. Once the bull market starts it will be easy to see this current phase as consolidation, because it will become flat on the chart due to the massive growth... The giveaway is the volume. Notice how in the past 7 months we have high buy volume, green lines/bar, but the bear volume on the drops is always low. Recently, the volume has come to a halt... When volume drops to almost none, it means that a breakout is really close. The breakout can happen to either side, up or down but if you look at Litecoin and Polygon, just two example, you can see that they broke up. Also, Bitcoin's strength is another giveaway and the fact that many of the smaller Altcoins are growing two, three digits within days... This is all happening because smart money is around, whales are buying, CEX exchanges are buying before the next bullish wave. In a bearish cycle, we would be seeing red, red, red... All drops can be used as opportunity to buy-in, rebuy and reload... Once the bullish wave has been going for a few weeks and confidence sets in, secure profits because when things start looking really good, that's when it turns. When you have boring, doubt, uncertainty and fear, buying can be easily done. When there is happiness, euphoria, confidence... We are close to the top. It is a psychological game, a hard one and we have to stay on our feet to be able to stay ahead. Watch-out for those exchanges removing pairs with just a day of notice... Any real company with a legit mentality would give at the least 1-3 months notice before removing a pair. Any company that removes a pair overnight, as a surprise, it is trying to shake you off of your hard earned money and this is not good in this game. Be smart, diversify, use DEX and hardward wallets when you can. Not your keys, not your coins. The market will go green again... That's for sure. Patience is key. The patient ones will be rewarded. The desperate ones will carry the loss. Namaste.
Long
by AlanSantana
3
dogeusdt long after short 🧨😉Hello to all my dear friends and followers I think you have become familiar with my analysis method by now Together, we will find the biggest lie in the world, which fills the pockets of the thief Elon Musk more than the people Here, the smart money style analysis is done, first we see a decline for Dogecoin, from here a sexy lady will enter the lower room, the target price is $0.05794, and from there Elon Musk will be found and tweet the price of Dogecoin. will pump The price of the first step of the upward trend is $0.11084 and the next step will be $0.15678.
by ManochehrAzar
DOGE COIN near to support zone 🚀Hello 🐋 Based on the chart the price is close to the channel resistance and breakout of the descending channel to the upside has been completed, and there is possibility of the retest to this area ✔️ and we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀 the main point is that for any huge pump and gain, we need more new volume 📖💡 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
14
Dogecoin: Potential for Favorable Return & Elon Musk's InfluenceDogecoin has gained significant attention in the cryptocurrency space, largely driven by its potential for substantial returns and the influence of Elon Musk. In this analysis, we will explore why Dogecoin could be more favorable compared to Bitcoin and Ethereum, presenting a trading strategy with a buy zone of 0.0774-0.0014. The analysis suggests a first target of 0.996 and a second target of 1.2273, reflecting the potential for significant price appreciation. Analysis: 1. Potential Return: Dogecoin has gained popularity due to its perceived potential for higher returns compared to more established cryptocurrencies like Bitcoin and Ethereum. The lower entry price and speculative nature of Dogecoin attract investors looking for exponential growth. 2. Elon Musk's Influence: Elon Musk, the prominent entrepreneur and CEO of Tesla and SpaceX, has been vocal about his support for Dogecoin. His tweets and public statements have often led to significant price movements, as investors interpret his involvement as a positive factor for Dogecoin's future success. 3. Buy Zone: The suggested buy zone for Dogecoin is between 0.0774 and 0.0014. This range indicates levels at which traders could consider entering long positions, taking advantage of the potential for price appreciation driven by the perceived favorable returns and Elon Musk's influence. 4. First Target: Considering the potential for Dogecoin's growth, the analysis suggests a first target of 0.996. This level represents a significant upside potential and serves as an initial profit-taking area. 5. Second Target: The analysis further indicates a second target of 1.2273, reflecting the possibility of continued price appreciation. This target signifies the potential for Dogecoin to reach higher levels, driven by factors such as Elon Musk's involvement and ongoing market sentiment. Dogecoin has garnered attention as a cryptocurrency offering potentially higher returns compared to Bitcoin and Ethereum. The influence of Elon Musk, coupled with the perceived growth potential, has attracted investors seeking significant price appreciation. The suggested buy zone of 0.0774-0.0014 provides an opportunity for traders to enter positions. The first target of 0.996 offers a potential profit-taking area, while the second target of 1.2273 reflects the possibility of further price appreciation. Disclaimer: Dogecoin is a highly volatile and speculative cryptocurrency. While Elon Musk's influence has impacted Dogecoin in the past, future market dynamics may be subject to change. Traders and investors should conduct their research, evaluate market conditions, and exercise caution when making financial decisions.
BINANCE:DOGEUSDLong
by mahmoudbawa
SUPER BULLISH Dogecoin: Latest News😺Hi Traders, Investors and Speculators of Charts📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫 Philanthropist and Entrepreneur Elon Musk has been mentioning his intentions to migrate Twitter over to the " X " app or, the Everything app. He has also mentioned that Dogecoin will be used as a payment method. This is bullish for DOGEUSDT as it will increase demand and market cap for the altcoin. We also take a quick look at the macro cycle, we're currently in accumulation zone where whales are building up their bags. The technical indicator CryptoCheck START v3.5 should give a good estimate on when the price starts rising when it calls a BUY in the weekly timeframe. _______________________ 📢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
Long
by CryptoCheck-
21
DOGE COIN near to support zone 🚀💣Hello 🐋 Based on the chart the price is close to the channel resistance and breakout of the descending channel to the upside has been completed, and there is possibility of the retest to this area ✔️ and we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀 the main point is that for any huge pump and gain, we need more new volume 📖💡 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
7