#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
Dogeusdtforecast
DOGE/USDT - Bearish Outlook at Key Resistance ZoneKey Resistance Area:
DOGE/USDT has encountered a significant resistance area, coinciding with the formation of an XABCD harmonic pattern. This area is crucial as it aligns with the 4-hour trendline, indicating a strong barrier to further upward movement.
Bearish Expectations:
Given the confluence of resistance factors, we anticipate a bearish move from this point onward. The combination of the key resistance level, harmonic pattern formation, and alignment with the trendline suggests increased selling pressure in the near term.
Trade Recommendation:
- Entry: Consider entering short positions near 0.2024, aiming to capitalize on the anticipated bearish momentum.
- Stop Loss: Place a stop loss order near 0.2310 to limit potential losses in case of unexpected bullish movements.
- Take Profit Targets:
- TP-1: 0.1752
- TP-2: 0.1470
- TP-3: 0.1164
Conclusion:
Based on the technical analysis, a bearish outlook is favored for DOGE/USDT. Traders are advised to exercise caution and adhere to risk management strategies when executing trades within this volatile market environment.
#DOGEUSDT: 03/04/2024Dear Traders,
Welcome back hope you all had great holidays.
BINANCE:DOGEUSDT possible downtrend to continue; we have seen crypto rally in recent time, and we may see some correction in the market. Smart entry would be when price fill the liquidity void area, that is where we can take sell entry. Remember, cryptocurrencies remain too volatile compare to forex. So if you are new then please use proper risk management and have a enough knowledge before you take any positions.
Dogecoin DOGE price is now at critical point, where to go next ?Today we'll talk about "the first of the memecoin family" - #Dogecoin
The first thing I remembered is an article in January 2018 with the creator of CRYPTOCAP:DOGE , where he said that he was shocked that the capitalization of the coin he created as a joke in 2014 reached a capitalization of $2 billion.
Moreover, in 2017, we personally often used Doge to transfer funds, because transactions took 5 minutes for a ridiculous fee. Now it's the norm, but in 2017, ERC-20 transactions were popular for $15-20 commission, but the transaction could take from a couple of hours to a couple of days, could easily get lost, and you had to write to the exchange support: where is the money?) That's a little nostalgia to make the oldies shed a tear :)
In 2021, when a "pro at manipulating and pumping projects" got involved, Dogecoin's capitalization reached 90 billion and at the same time Doge had a "large community of holders" who bought at the highs.
And as a result, they have been sitting in a drawdown for 3 years...
But!!! There is a ray of hope and a chance that the price of #DOGEUSDT will reach $0.41
Not soon, and before that, there is still a chance to correct to $0.1, because now the DOGEUSD price has stuck to a strong mirror level, which is difficult to break through at first.
By the way, we wrote publicly in mid-2023 about Doge that "someone buying it" and its pump still coming, with a forecast for a pump in Q2 2024 :) Read it if you are interested.
Since then, the price of Doge has made a good x3.
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#DOGEUSDT: Strong bullish impulse expect to occur from our zoneDear Traders,
The next couple of weeks, we expect crypto market to be extremely bullish and that is why dogecoin is one of the coin that has possibility to go up and above. We expect price to drop and touch our demand zone from there we expect price to bounce rapidly. We expect price to drop to our demand zone by end of tomorrow.
Doge - go short positionOn the 4 time frame, a squeeze to the level.
A redemption candle that lures many players into longing.
On the daily timeframe false breakout of the previous day.
On the hour timeframe marked in green the zone of the false breakdown.
A big short player is taking a position.
Locally there is a shorting slope.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
According to price action, the rise can be around 0.08973@4hOne of my friends said to me a long time ago: Why are you analyzing Dogcoin? But in my answer I said that there is a lot of energy in this coin meme and I see dynamism and struggle. Like some big cryptocurrencies, the energy table of this currency is also high.
But analysis: In my opinion, the analysis in the four-hour time frame of your profit, according to the end of the price and the end of the downward wave of the twin bottom, can be around 0.08973 or a little more.
DOGEUSDT likely to hit daily support before moving upDOGEUSDT hast been trending down for a while after getting rejected from the daily resistance DR2 and then DR1. Now it is trading between weekly resistance WR1 and daily support DS1. The likelihood of the price to visit daily support DS1 is high. If the price hits that support, it should have a good bounce from there. A predictive path of the price action for this trade to play out has been depicted on the chart. Lets target first the price to hit DS1 and then we update this idea regarding the long paths of this trade.
Dogecoin - Elon Musk pushed volumes- Elon Musk has planted volumes.
- The level that is 0.92
- The trading triangle (which I highlighted with flags).
- If the market maker does not break the blue flag, it will be a strong buy signal, especially if the bitstock spills and this scam will stand.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
DOGEUSDT located between 2 levelsDOGEUSDT located between 2 levels
The formation of an ascending or descending conal is very difficult. you need to wait for the breakdown of the level to determine the direction of the price movement
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DOGE: BULLISH RALLY ABOUT TO START!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
Welcome to this DOGE/USDT update.
Long DOGE/USDT
Entry range:- CMP and more up to $0.133
Target:- 1300%
SL:- $0.12
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
DOGE BRACKOUT! READY TO PUMP 400%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
LONG
doge at CMP and add more up to $0.158
Target:-400%
SL:- $0.168
Leverage:- 5x
This chart is likely to help you in making better trade decisions if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
DOGEUSDT long term outlookDOGEUSDT long term view. Where is DOGEUSDT cheap? it is cheap at the demand zone I have located on a weekly chart much lower. We could easily see a reaction from this area if price reaches there. It is a weekly/monthly demand zone that could easily give a 2:1 trade. It would be best to wait for a 4h shift in momentum if price comes down to that zone, as just buying has greater risk. I am not saying that DOGEUSDT will drop to here, it could make new highs, where I will be on a lower timeframe looking for buys.
💥DOGE TO RISE BY 45% TO $0.42 & FALL BY 35% TO $0.29Please support this idea with a LIKE👍 if you find it useful🥳
Buy level - $0.28 - $0.31
Stop loss - $0.242
Take profit 1 - $0.40
Take profit 2 - $0.42
Right here is possible inverse head & shoulder pattern with a confirmation to go long by 45% to $0.40 - $0.42.
The left shoulder has completed it's formation. The head is in play.
Therefore, once price hit the neckline at $0.421 - $0.45 and it fails to break it, then I expect a fall by 35% to $0.29 to complete the right shoulder.
What do you think?
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