DOGE/USD "The Doge Coin" Crypto Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Thieves, 🤑 💰🐱👤🐱🏍
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the DOGE/USD "The Doge Coin" Crypto Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish thieves are getting stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The heist is on! Wait for the breakout (0.18100) then make your move - Bearish profits await!" however I advise placing Sell Stop Orders below the breakout MA.
📌I strongly advise you to set an alert on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑: Thief SL placed at (0.21500) swing Trade Basis Using the 4H period, the recent / swing high or low level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 0.14000 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, On Chain Analysis, Sentimental Outlook:
DOGE/USD "The Doge Coin" Crypto Market is currently experiencing a Neutral trend in short term (there is a chance for trend reversal), driven by several key factors.
🟡Fundamental Analysis
- Current Price: $0.20214 (as of March 1, 2025)
- Market Capitalization: $29.97 billion
- Circulating Supply: 148.24 billion DOGE
- Total Supply: 148.25 billion DOGE
🟤Macro Economics
- The global economy is experiencing a slowdown, which may impact cryptocurrency markets.
- Interest rates and inflation rates are being closely watched by investors, as they can impact cryptocurrency prices.
⚪Global Market Analysis
- The cryptocurrency market is experiencing a downturn, with many major cryptocurrencies experiencing significant losses.
- The global market is experiencing a high level of volatility, making it challenging to predict future price movements.
🟠On-Chain Analysis
- Transaction Volume: The transaction volume for DOGE has been relatively stable over the past few weeks.
- Active Addresses: The number of active addresses on the Dogecoin network has been increasing steadily.
🔴Market Sentimental Analysis
- Fear and Greed Index: The Fear and Greed Index is currently indicating a neutral sentiment.
- Social Media Sentiment: Social media sentiment for DOGE is currently mixed, with some investors expressing optimism while others are expressing pessimism.
🟣Positioning
- Long/Short Ratio: The long/short ratio for DOGE is currently skewed towards long positions.
- Open Interest: Open interest for DOGE futures is currently relatively high.
🟢Next Trend Move
- Based on the current market data, it's difficult to predict the next trend move for DOGE/USD. However, some analysts are predicting a potential bullish reversal in the near future.
🔵Overall Summary Outlook
- The current market outlook for DOGE/USD is neutral, with some analysts predicting a potential bullish reversal in the near future.
- However, the global market is experiencing a high level of volatility, making it challenging to predict future price movements.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
Dogeusdtshort
#DOGEUSDT remains weak📉 SHORT BYBIT:DOGEUSDT.P from $0.23740
🛡 Stop Loss: $0.24040
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:DOGEUSDT.P broke support and exited the rising wedge, signaling a bearish trend shift.
➡️ POC (Point of Control) at $0.25386 now acts as key resistance.
➡️ The price dropped sharply with increased volume, confirming strong selling pressure.
➡️ Liquidity has shifted lower, increasing the probability of continued downside movement.
⚡ Plan:
➡️ Enter short at $0.23740 after confirming downward momentum.
➡️ Stop-Loss set at $0.24040, above the nearest resistance level.
🎯 TP Targets:
💎 TP1: $0.23410
🔥 TP2: $0.23155
🚀 BYBIT:DOGEUSDT.P remains weak — expecting further decline toward key targets!
Dogecoin ABC correction entering final phaseI made a fresh clean chart for you to see the obvious.
1 Fibonacci Retracement of the 5th wave from 8 cent to 48.5 cent
2 Fibonacci Retracement from the bottom wick of the A wave to the top wick of the B wave
3 Date & Price Range measuring the A wave and one for the expected C wave both showing us -46% & 12 days
4 Orange Trendline you have seen also in the previous which sits on the top of the 3rd wave.
5 Green Trendlines x4
6 Notice the volume to the left we have a nice green volume when we pumped the 5th wave and to the right we have a nice red volume increasing
7 VWAP indicator also confirming our targets are legit!
Conclusion:
If we drop from here exactly the 46% like we did on the A wave we will perfectly hit our targets between the 0.618 of wave 5 and the 1.272 of the B wave plus support from the Orange Trendline
The last drop lasted 12 days and if the next one should also last around 12 days then time is running out and it might drop in the next 5 days before the upcoming monthly close and might be already finding bottom by then.
We most likely have some reactions on the way down when we reach the 0.786 also green line and the 1 Fib.
If you have not see the previous Idea (Editor Pick) please have a look at it here:
Dogecoin at Key Support: Trend Analysis & Next Moves for DOGE👀 👉 In this video, we dive deep into Dogecoin (DOGE) paired with USDT, examining its trend, market structure, price action, key support and resistance levels, and the impact of liquidity on the markets. At the moment, DOGE is trading near a critical support level. With the bearish break in market structure, we explore potential ways to engage if the downtrend persists. Everything is covered in detail here. Please note, this is not financial advice.
Dogecoin updateDogecoin as expected and as mentioned in the previous post, this pair has formed the 3rd touch of the channel what makes it valid channel and got rejected
So now we're waiting for a candle broke above the last touch of the channel to enter a buy position
The best case can happen now if it get rejected from below also to form a double bottom
Happy trading
Follow us for more updates
Dogecoin UpdateDogecoin is forming a descending channel nut still isn't a valid channel still waiting for the 3rd touch to form
what do you think this pair will form the 3rd touch and then give us a Double Bottom so we can be searching for a long to target a new High???
Share your thoughts with us
Follow us for more
DOGE risks falling below $0.20: analysisDogecoin (DOGE) price has dropped over 30% from its yearly high of $0.48 earlier this month. This decline is linked to multiple bearish signals, increasing the likelihood of further price decreases.
As the year draws to a close and bearish pressure mounts, technical indicators point to a further decline in DOGE’s price, possibly slipping below $0.20. Here is why.
A “Death Cross” pattern has been formed on the DOGE/USD one-day chart. This is a bearish pattern that is formed when an asset’s short-term moving average (often the 50-day moving average) crosses below its long-term moving average (commonly the 200-day moving average), suggesting a shift in market sentiment from positive to negative.
Readings from the DOGE/USD chart showed that DOGE’s 50-day MA crossed below its 200-day MA on December 18, and the meme coin’s price has since plummeted by 20%. This crossover is a bearish signal, suggesting a weakening trend, with recent price declines outweighing long-term price gains.
Currently, DOGE is trading below the resistance at $0.33. Persistent spikes in selling pressure at this level could drive its price down to the support at $0.28.
Should this support fail, DOGE’s next key level lies at $0.23. If bulls cannot defend this level, the meme coin could slip below the $0.20 zone, potentially reaching $0.17.
On the other hand, a successful breach of the $0.33 resistance level could propel DOGE towards its yearly peak of $0.48.
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.
DOGE Technical Analysis and Trade Idea#DOGE #Dogecoin exhibits a bearish bias, highlighted by a decisive break of structure on the daily timeframe. Approaching a key resistance zone, the pair appears overextended. The accompanying video explores a potential selling opportunity if prioce action plays out as described in the video. Please note: this analysis is for educational purposes and does not constitute financial advice.
Doge Swing Fail Can be devastatingAlready in a swing low leverage short from the top around 0.08900.
Now adding leveraged position to this if this failed to goes above i think this can crash.
Having an entry from the top is letting me add margin without too much risk.
Added margin above 0.08650.
Closing whole position 0.08830 flat stop.
Note: Not a Financial Advice
DOGE → Hinting at a Drop! Are we going back to $0.05?Dogecoin is starting to show signs of converting to a trading range after a strong bull run. We have a potential double top reversal pattern playing out after three good pushes to the upside. Does that mean we're heading down?
How do we trade this? 🤔
Three pushes up, potential double top reversal pattern, RSI at 62.00 and below the Moving Average, these are the key data points that should bring us caution when the thought to long crosses our mind. What we're missing right now is a confirmation candle and a lower low to give us enough probability to enter a short scalp and maybe a partial swing.
A final sell signal at the Previous High of $0.10750 would be ideal, giving us enough range for a 1:3 Risk/Reward Ratio. Using my favorite approach, take half profits at $0.10 (1:1 Risk/Reward), move your stop loss up to your entry price, then swing the remainder to 1:3 Risk/Reward at $0.09.
💡 Trade Idea 💡
Short Entry: $0.10500
🟥 Stop Loss: $0.11000
✅ Take Profit #1: $0.10000
✅ Take Profit #2: $0.09000
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. Bull Channel, Bias to Long.
2. Three Pushes Up, Potential Double Top Reversal.
3. Could convert to Trading Range between $0.0875 and $0.10750.
4. RSI at 62.00 and below Moving Average. Bias to Short.
5. Bitcoin is running hot to the upside, risk of trend change.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
DOGE : RALLY before OR after XMas?Hi Traders, Investors and Speculators of Charts📈📉
As seen on the chart, I've highlighted some potential signs that will help to determine whether we can expect a rally before the 25th or after the 25th / in 2024 :
- If Doge is getting ready for a rally before the 25th, we can expect to see some higher lows. Currently we're trading lower than we did two weeks ago this time.
- If Doge continues to trade range, it's more likely for another wick towards the lower support zone before we observe a breakout.
The price action over the next two weeks will indicate whether or not we can still expect a rally this year, or only next.
For the short term, I'm leaning towards lower price action on DOGE, expecting one more wick towards the lower support :
The main reason for my short sentiment, is the clear bearish technical indicator in the short term:
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BINANCE:DOGEUSDT BINANCE:DOGEUSD
DOGEUSDT likely to head to daily support around 0.735On lower time frame, it seems the price wants to revisit the daily support from where it has bounce a couple of time in past week. The price was rejected from the confluence of weekly and 4h resistance current trading below it. I think the probability of it hitting the daily support DS1 is high and therefore a long is not favorable here.
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.