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Dogeusdt

Is #DOGEUSDT on the Verge of a Major Bullish Move? Yello, Paradisers! Is #DOGEUSDT gearing up for a major breakout? Don’t miss this critical analysis! 💎#DOGEUSDT is currently sitting at a crucial demand zone of $0.10372, forming a Falling Wedge pattern. We've been monitoring this closely, and a potential price breakout above this level could signal a major momentum shift in favor of the bulls. If the demand holds, this could set the stage for a strong bullish move in the near future. 💎For this bullish scenario to play out, we’ll need to see #DOGECOIN break above the $0.11061 minor resistance level. If it can manage this breakout, our next target is the internal resistance zone at $0.18081—where we could see a significant rally. 💎But be cautious! If the demand zone doesn't hold, we might witness a pullback to the lower support area, around $0.09271-$0.08789. A daily close below this level would invalidate the bullish outlook and could lead to a deeper correction. Keep your focus sharp, Paradisers! This next move could be a game-changer. As always, patience and discipline are the keys to navigating these market conditions. Stay strategic and be ready for whatever comes next. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
#DOGEUSD 1DAYDOGEUSD: Daily Downtrend Breakout - Buy Opportunity The DOGEUSD pair is showing a significant breakout from its recent downtrend, signaling a potential reversal in momentum. After a sustained period of downward movement, price action has breached key resistance levels, suggesting increased buying interest. Key Highlights: Confirmation: The breakout above the resistance line indicates a shift in market sentiment, potentially attracting more buyers. Volume Spike: A notable increase in trading volume during the breakout supports the validity of this move, suggesting strong momentum behind the price action. -Technical Indicators: RSI and MACD are turning bullish, further reinforcing the idea of a possible upward trend. Actionable Insight: This presents a promising buying opportunity for traders looking to capitalize on the potential recovery in DOGEUSD. Setting a stop-loss just below the breakout level can help manage risk while allowing for upside potential as the market seeks to establish a new support zone. Stay vigilant for further confirmations and adjust your strategy accordingly!
BINANCE:DOGEUSDLong
by PIPSFIGHTER
A Decade of DOGECOIN Brilliance. x100 Potential Hidden?!🎉 Happy 10th Anniversary, DOGECOIN! 🎉 December 6th, marks the 10th anniversary of DOGECOIN's genesis. Initially created as a light-hearted meme coin, it's become a significant player in the crypto space. The BINANCE:DOGEUSDT price chart tells an intriguing story. Currently, it's showcasing a repeating pattern – Descending Triangles. These patterns have historically been precursors to substantial upward movements. Dive into the clear chart representation here: In the past, these triangles paved the way for remarkable gains, including an x66 surge in 2017 and an astonishing x238 leap in 2021, fueled by none other than Elon Musk. On the weekly timeframe, this movement resembles a light breath, but in reality, holding onto this for the long term can be a challenging task. It's crucial to approach it with a solid risk management strategy. Strap in for the ride and ensure you're equipped for the DOGE rollercoaster!
CRYPTO:DOGEUSDLong
by ArShevelev
20
DOGE wait for breakThe Doge/USDT pair on the 1-hour chart has broken out from a symmetrical triangle, indicating a potential bullish trend 📈. Analysis: - Entry: Between 0.10558 and 0.10663 could be a good buy zone 🎯. - Take Profit (TP): Target is set at 0.11238 to 0.11242, a key resistance level. Watch for potential reaction at this level 🏁. - Stop Loss (SL): Placed around 0.10267. If this level breaks, it's best to exit to avoid further losses 🛑. Key Points: - Risk to Reward: The risk/reward ratio is favorable, offering a solid profit potential 💼. - Continued Move: If the price breaks above 0.10798 and holds, the probability of reaching the target increases 📊. Signal: - Buy (Long) between 0.10558 with a target of 0.11238 and a stop loss at 0.10267 🚀.
Long
by ahmadarz
3
Doge descends no more! Pattern breakout could see a 98% surge. The chart indicates that Dogecoin (DOGE/USDT) has already broken out of the Descending Triangle pattern, signaling a potential shift in market sentiment. With this breakout, here’s a closer look at the critical elements and price projections moving forward: 1. Descending Triangle Breakout • DOGE has broken out of the descending triangle to the upside, defying the usual bearish continuation pattern. This breakout suggests a bullish reversal or at least a short-term upward movement. • This breakout could signal a shift in momentum, with DOGE moving toward key resistance levels. 2. Weekly Hidden RSI Divergence • The hidden bullish divergence in the RSI further supports this breakout. Even as price made lower lows, the RSI’s higher lows indicated building momentum, which has now translated into an upward move. • This divergence suggests that the current breakout could have legs, leading to further price gains. 3. Fibonacci Extensions & Price Targets • $0.2067: This is the key Fibonacci target, representing the 96% retracement level. Given the breakout, this is the immediate price target and aligns with past support and resistance levels. • $0.2812 and $0.3305: These are resistance levels within the broader resistance zone. Once DOGE breaks through $0.2067, this zone will be the next major test for bulls. 4. Price Projections • Short-Term Outlook: With the breakout confirmed, DOGE’s immediate target is $0.2067, representing a significant gain from the current level. • Medium-Term Outlook: If DOGE clears $0.2067, the next focus will be the resistance zone between $0.2812 and $0.3305. Overcoming this will be crucial for sustained bullish momentum. • Long-Term Outlook: A successful push beyond the resistance zone could open up the possibility of a broader bullish cycle for DOGE, potentially leading to higher price targets contingent on market sentiment. Conclusion Dogecoin’s breakout from the descending triangle, supported by the weekly hidden RSI divergence, marks a bullish shift. With the immediate target at $0.2067 and further resistance at $0.2812 and $0.3305, DOGE could be set for a sustained upward move. Volume and market sentiment will be key to confirming the strength of this breakout.
BINANCE:DOGEUSDLong
by Blockbullder
3
DOGEUSDT in Accumulation PhaseDOGEUSDT recently dropped to a support level last tested in February, where the price saw a significant rally. Currently, the price has formed a false breakout below the 0.09500 support level and has since been moving sideways in an accumulation phase. Over the past week, the market has been forming a compression channel, which could lead to a breakout and a subsequent price move. Given the repeated rejections and bounces off the support level on the daily timeframe, there is a strong potential for an upward move. The price could break through the trendline and retest the resistance level, with the target set at 0.10700
Long
by RTED_Investing
4
Trading Signal For DogecoinTrading Setup: A Trading Signal is seen in the DOGEUSDT Dogecoin 1h (Futures) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.1019 ⭕️SL @ 0.0999 🔵TP1 @ 0.1095 🔵TP2 @ 0.1130 🔵TP3 @ 0.1180 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
1
Bullish Exhaustion Near ResistanceKey Resistance at $0.10476 Dogecoin (DOGE) is currently trading around $0.102, after failing to break through the upper Bollinger Band resistance of $0.10476. The price hit a high of $0.10495, but selling pressure has pulled it back below the BB Basis of $0.10322. After peaking at $0.10495, Dogecoin has pulled back, now stabilizing around $0.102. The rejection from the $0.10476 resistance (upper Bollinger Band) aligns with the broader bearish sentiment seen in early September. Dogecoin's struggles echo a trend seen across the market, as DOGE has dropped 17% in the last week​ Bollinger Bands: Overbought Conditions The price is hovering just below the upper Bollinger Band, indicating that DOGE is in an overbought state. A rejection at these levels could trigger a pullback to the lower band support at $0.10168. RSI Neutral, But Losing Steam The RSI is sitting near neutral at 49.87, suggesting indecision in the market. However, its divergence from the RSI-based MA (60.41) hints at weakening bullish momentum, with potential downside ahead. Stochastic Oscillator Shows Oversold Conditions The %K and %D values of 19.54 and 14.44 indicate oversold conditions, which might signal a short-term bounce, but buyers need to regain momentum for a sustained move higher. MACD Turning Bearish The MACD histogram (-0.00045) has flipped negative, suggesting a potential bearish crossover. The MACD line is still above the signal line, but momentum appears to be weakening, which could lead to further downside. Support and Resistance Levels Immediate Resistance: $0.10476 (Upper BB) Support: $0.10322 (BB Basis), $0.10169 (Lower BB) Short-Term Outlook : DOGE is showing signs of exhaustion near the $0.10476 resistance. If it fails to break higher, expect a potential dip toward $0.10168, with a possible bounce from there. The Stochastic and RSI suggest caution, as momentum indicators signal weakening strength. Watch for a confirmed break above $0.10476 to signal bullish continuation. Otherwise, a retrace to the lower Bollinger Band is likely.
by MonoCoinSignal
Dogecoin (DOGE) poised for retest?Dogecoin (DOGE) remains in a downtrend, but the bulls are trying to form a higher low at $0.09. If buyers propel the price above the 20-day EMA ($0.10), the DOGE/USDT pair could rally to the downtrend line. This is a formidable hurdle for the bulls to cross, but if they prevail, the pair may start a move to $0.14. Instead, if the price turns down sharply from the 20-day EMA and breaks below $0.09, it will suggest that the bears remain in charge. The pair may then plummet to $0.08 and later to the support line of the falling wedge pattern.
by paul_endeo
Dogecoin Price Hit $0.1: Could Elon's Backing Propel DOGE to $1?Dogecoin ( CRYPTOCAP:DOGE ), the popular dog-themed cryptocurrency, has been making headlines again after surging over 10% to briefly cross the $0.1 mark. This rally, fueled by Elon Musk’s continued endorsement and broader market trends, has sparked renewed speculation about whether Dogecoin could hit the highly anticipated $1 price point. Here's an in-depth look into the factors driving Dogecoin's latest surge and its potential to rally further. Key Drivers of the CRYPTOCAP:DOGE Rally 1. Elon Musk’s Lawsuit Dismissal Boosts Market Optimism One of the key factors behind Dogecoin's recent rally is the dismissal of a federal lawsuit against Elon Musk, which accused him and Tesla of manipulating the Dogecoin price. Filed in Manhattan federal court, the lawsuit alleged that Musk engaged in insider trading and publicity stunts that inflated Dogecoin’s value by up to 36,000%. However, the suit was dismissed by U.S. District Judge Alvin Hellerstein, who ruled that the plaintiffs failed to substantiate their claims after five revisions of the lawsuit. This outcome has removed a significant cloud of legal uncertainty around Musk’s involvement with Dogecoin, leading to increased investor confidence and contributing to DOGE’s recent price surge. 2. Elon Musk’s Continued Support and Potential Use of DOGE Elon Musk, the self-proclaimed “Dogefather,” has continued to express support for Dogecoin. Recently, Musk suggested adding Dogecoin as a payment option for Tesla merchandise, fueling speculation that the meme coin could eventually be accepted for vehicle purchases as well. Moreover, Musk has hinted at using DOGE as the official mascot for a proposed “Department of Government Efficiency,” underscoring his ongoing commitment to the cryptocurrency. This active promotion by Musk, combined with his recent legal victory, has been a strong bullish signal for investors, driving market speculation about Dogecoin’s future potential. 3. Broader Market Rally Amid Fed Rate Cut Expectations The broader cryptocurrency market has been on an upward trajectory, buoyed by growing expectations of a Federal Reserve rate cut. With the global crypto market cap nearing $2 trillion and Bitcoin rising over 4%, risk assets like Dogecoin have benefited from the overall positive sentiment. The CME FedWatch Tool indicates a 73% chance of a 25 basis point rate cut at the upcoming Fed meeting, which has fueled optimism across the market. Simultaneously, other meme coins such as Shiba Inu (SHIB), Pepe Coin (PEPE), and WIF have also rallied, highlighting increased investor appetite for riskier assets. Technical Outlook Dogecoin's technical indicators suggest that the coin could be poised for further gains. As of the time of writing, DOGE is trading at $0.1041, up 7.67% with a moderate Relative Strength Index (RSI) of 44.97. This RSI level indicates that DOGE is not yet overbought and may have room for continued upward momentum. Additionally, the daily price chart shows a bullish symmetrical triangle pattern—a technical formation that often signals a continuation of the current trend. If CRYPTOCAP:DOGE breaks above this pattern, it could confirm a bullish breakout, potentially setting the stage for a significant price surge toward $1. Dogecoin’s trading volume has also spiked, up nearly 74% to $639.67 million, while Futures Open Interest rose 8% to $476.52 million, signaling increased market participation and interest. Options Open Interest jumped over 37%, further underscoring the market's bullish outlook. However, the road to $1 will not be without challenges. Dogecoin will need to overcome several key resistance levels, with the most immediate being around the $0.15 to $0.20 range. Breaking through these resistance points will be crucial for CRYPTOCAP:DOGE to sustain its rally and approach the elusive $1 target. Musk’s Backing and Market Trends Favor CRYPTOCAP:DOGE The fundamental outlook for Dogecoin remains optimistic, driven by Elon Musk's ongoing support and the broader positive market sentiment. The dismissal of Musk’s lawsuit and his recent endorsements have reinvigorated investor confidence. Meanwhile, potential macroeconomic tailwinds, such as a Fed rate cut, are likely to provide additional support for the cryptocurrency market as a whole. Moreover, the growing use case of Dogecoin, particularly as a potential payment option for Tesla merchandise, adds another layer of utility that could drive demand. If more companies and platforms begin to accept DOGE, it could further bolster the coin’s market position and price. Conclusion Dogecoin’s recent price action reflects a combination of technical strength and fundamental momentum. Elon Musk’s backing, the broader market rally, and positive technical indicators are aligning to create a favorable outlook for DOGE. While reaching $1 will require significant market support and overcoming key resistance levels, the current trend suggests that Dogecoin is well-positioned for further gains. Investors should watch closely for any additional endorsements from Musk, broader market developments, and key technical breakouts that could signal the next leg of Dogecoin’s rally. As always, the cryptocurrency market remains highly volatile, and potential investors should consider their risk tolerance before jumping in. In the meantime, Dogecoin’s journey to $1 remains a closely watched narrative in the crypto space—one fueled by community enthusiasm, market speculation, and the enduring influence of its most famous advocate, Elon Musk.
Long
by DEXWireNews
DOGE FRACTAL : Don't Lose Hope! BEST YET TO COME DOGE has been trading undeniably bearish over the past few weeks, as we see significant signs of bearish price action: - 📉 lower highs - 📉 lower lows However, if we take a look at a fractal that played out between Dec 2023 - Feb 2024, there is definitely a chance for a PARBOLIC PUMP. Watch this short video to find out how (there are TWO SIGNS we need to see on the chart BEFORE we can seriously consider this). Make sure you catch my update on Bitcoin, because ultimately BTC determines the direction of the market. Therefore it's vital to watch the trendsetter! ________________________ BINANCE:DOGEUSDT
by CryptoCheck-
DOGE/USDT Set to Skyrocket or SinkThe DOGE/USDT pair is now in a bearish trend, with price action forming a descending triangle pattern on the daily chart. This pattern is identified by the construction of lower highs, showing a consistent loss of bullish momentum, and a horizontal support zone also maintains the price. The upper boundary of this triangle is marked by a descending trendline, which provides strong resistance. As the price reaches the triangle's top, it is ready for a strong upward or downward move depending on the breakout direction. The key support levels on the chart support zone (Green) at $0.09018 - $0.09458. This zone has proven to be a strong floor for the price, and a break below this area could signal a bearish continuation. Should the support give way, the next notable level to watch is $0.08050, which is a previous low. If bearish momentum continues, the price could further descend toward the $0.06640 mark, representing a significant drop from current levels. On the flip side, if DOGE manages to break above the descending trendline and sustains a move above the resistance level at $0.11330, it would indicate a shift in market sentiment towards bullishness. The first target in such a scenario would be the resistance at $0.14935, a level that previously acted as a barrier for price action. Beyond this, the next significant resistance zone (Blue) at $0.18906 - $0.20357. These levels are crucial as they represent areas where selling pressure could re-emerge, potentially capping any bullish rallies. DOGE is at a critical juncture within its descending triangle pattern. Traders should monitor the price closely as it approaches the support and resistance levels. A breakout from this pattern, either to the upside or downside, will likely dictate the next major trend for the pair. The overall market sentiment, along with volume and momentum, will play a crucial role in confirming the direction of the breakout.
by TheCryptoCity
(LONG) Dogecoin getting ready to pump, like usually.If historic price action mean something dogecoin is getting ready to fly, you can see that especially on the weekly and monthly timeframes. At naked eye you see it, see even better if you plot fibonacci time zones, and some moving averages on the chart. Imo with proper risk management is a good long opportunity. 
PS: the orange vertical line is there bcause that's wen the price closed above my sma's, the blue line is there just bcause we're in august
BINANCE:DOGEUSDLong
by g_mkvl1
1
Dogecoin (DOGE) rally is possible?Dogecoin (DOGE) price correction from last week’s peak triggered a spike in long position liquidations, with traders losing $1.48 million against only $55.85k short positions liquidations. The downtrend implies that DOGE is back to where it was on Friday amid increasing chances of extended correction. Dogecoin price sits below the 20-day Exponential Moving Average (EMA) after failing to break above the 50-day EMA resistance at $0.1127. Sellers have the upper hand at the moment motivated by the Relative Strength Index (RSI) retracement in the neutral region to 45. Should the RSI drop toward the oversold region, DOGE will overshoot short-term support at $0.1, advancing to seek liquidity at $0.1. Dogecoin price prediction suggests that as long support at $0.1 holds, a trend reversal is highly likely. Moreover, the falling wedge in the daily range promises a 71.5% breakout to $0.18 if validated. A falling wedge is a bullish reversal pattern validated by a breach of the trend line resistance. Traders will place buy orders above the breakout point and set the stop loss below the trend line. A rapid increase in trading volume will add credence DOGE price uptrend.
Long
by paul_endeo
1