#DOGE/USDT is up 123% already. It's just getting started!I posted about DOGE on August 9th when it was trading around $0.104, recommending an accumulation zone on the chart. The trigger zone was set at $0.11, and DOGE has since broken above long-term resistance, retesting the new support level for weeks.
If you bought the dip, you're likely seeing around a 123% profit from the low. Even if you didn't catch the exact bottom, most are sitting on 70%-90% gains, depending on the entry.
Here's why I believe DOGE can still perform well and possibly reach $1 in the coming days:
1. **Breakout Retest:** DOGE has broken out of its long-term accumulation channel and is now retesting that breakout.
2. **Weekly Doji:** A strong weekly Doji recently formed, suggesting increased buying pressure.
3. **Elon Musk Factor:** Musk could push DOGE again, potentially after this year's U.S. presidential election.
4. **Key Moving Averages:** DOGE is trading above the 200 EMA and is holding above the 100 EMA, signalling strength.
5. **RSI Indicator:** With an RSI around 55, there’s still plenty of room for growth.
6. **MEME Coin Season:** MEME coins, led by DOGE, are thriving this season, and the next bull run could further boost DOGE.
7. **Bullish Indicators:** Several technical signals suggest a potential bullish move.
My Plan: I’m holding DOGE on spot for the next 6 months and accumulating on any dips.
Remember, this isn’t financial advice. Do your own research before making any decisions.
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What do you think—can DOGE 5x from here, or is it just hype? Let me know your thoughts, and hit the like button if this was helpful!
Dogeusdtanalysis
DOGEUSD Pulling back for the SQUEEZE. How I do the squeeze!
Cryptocurrency DOGEUSD has been firing lately & Fomo stung me today as I keep seeing this thing go higher. Similar to SOLANA today DOGEUSD has really broken out of its 3 month range.
This is also stacked with the moving averages/ema's in their right spots and you will find that the 200EMA on Daily is below price where it needs to be for higher prices to follow.
Dogecoin Analysis==>>Bat Harmonic Pattern!!!Today, I want to analyze the Dogecoin(DOGE) project for you.
On-chain analysis shows that Dogecoin has seen rising active addresses and transaction volumes, reflecting growing adoption. While Dogecoin has faced price volatility, investors remain optimistic about its future as a lightweight and fast transactional currency.
Regarding Technical Analysis , Dogecoi n is moving near the upper line of the symmetrical triangle , Potential Reversal Zone (PRZ) , Resistance lines and 200_SMA(Daily) . So, Dogecoin faces some resistance.
Also, Dogecoin(DOGE) was able to make a Bearish Bat Harmonic Pattern .
I expect Dogecoin will fall to $0.119(at least/-10%) .
Dogecoin Analyze ( BINANCE:DOGEUSDT ), Daily time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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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 Setup on DOGEUSDT / (Volume projection)BINANCE:DOGEUSDT
COINBASE:DOGEUSD
Mid-risk status: 5x-8x Leverage
Low-risk status: 3x-4x Leverage
👾Sorry, TP1 already realized.
⚡️TP:
On the chart
➡️SL:
0.01205
🧐The Alternate scenario:
🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
Please Like and Leave a comment, Let me know what is your idea on this setup!
DOGEUSDT Breakout: Major Rally or Another Trap?Yello, Paradisers! Is #DOGEUSDT recent breakout a true signal of a bullish trend, or just another trap? Let’s dive in and find out!
💎#DOGEUSDT has been in a downtrend for several days, consistently forming lower lows and lower highs. Recently, it made a descending resistance with multiple taps, and finally broke out from this descending resistance. This breakout might indicate a potential trend reversal, but let's break it down further.
💎DOGEUSDT swept previous lows, then broke market structure, pushing the price higher. This action suggests a probability to retrace to the strong demand zone of 0.1298-0.12064 to form a higher low.
💎The price will face minor resistance at 0.14687. If the volume supports the price movement, DOGEUSDT could head towards the major resistance zone at 0.16341-0.17122. There's an even stronger resistance at 0.19453.
💎If the price fails to respect the support and closes a daily candle below 0.11639, this would confirm the continuation of the downtrend.
Stay patient and disciplined, Paradisers. The crypto market is full of traps for the inexperienced, but with the right strategy and mindset, you can navigate it successfully. Trade smart, and always wait for the highest probability trading opportunities.
Stay focused and disciplined in your trading journey!
MyCryptoParadise
iFeel the success🌴
#DOGEUSDT: Another Big Time Buying Chance! BINANCE:DOGEUSDT
Price has fallen to previous lowest low, indicating another reversal from the same area, however, please wait to witness some bullish behaviour to occur. After that, we can have a buy entry and target the previous Higher High. Our final target is 0.22.
Good Luck
Dogecoin (DOGE): brief analysisAmid increased bullish sentiment in the crypto market, the DOGE price has added 4.80% to its portfolio within the past day with a trading volume of $1.47 Billion. Further, it has surged 17.67% over the last seven days and has a YTD return of 53.76%.
The technical indicator, MACD, displays a constant rise in the green histogram, highlighting an increase in the buying-over-selling pressure in the crypto space. Further, the averages record a constant uptrend, suggesting that the DOGE coin price will continue gaining value this week.
If the market continues to gain momentum, the Dogecoin price will prepare to test its upper resistance level of $0.18225 in the coming time. Conversely, if a trend reversal occurs, the memecoin leader will plunge toward its low of $0.1010.
DOGE is at a crucial decision point!
Dogecoin is in a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The price has reacted back after a false break of the head and shoulders formation. A significant penetration of 0.13 will again give new negative signals to the currency, while a break of the opposite side of the formation will be a strong positive signal. The currency is testing resistance at points 0.13. This could give a negative reaction, but an upward breakthrough of points 0.13 means a positive signal.
Are you bullish or bearish right now ?
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Is it time for DOGE?Exactly 2 weeks ago I posted the idea about BINANCE:DOGEUSDT might check 0.13 area and complete Elliot Wave theory. All profits are taken. Now it is a time to observe and wait patiently.
There are a few things I would like to see:
1. Close a candle above 0.13 in 1D TF.
2. BOS or CHOCH movement.
3. Volume.
4. CRYPTOCAP:BTC.D to decrease.