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DOGEBTC trade ideas

Quickpost:Doge Bitcoin Flagpole over 600% gainsIts a pretty simple idea. DogeBTC has found support on the 100 month Simple moving average and is currently nailing in a higher low. Not by much though. A zoom in also shows a downtrend resistance line has been broken and after a wee pull back of a couple of weeks price is resuming upward. This creates a W pattern that gives DOGEBTC the structure to get out of the 3 year falling wedge it has been in since May 2021. The MACD is crossing the signal line in a bullish manner. Not as bullish if this cross was above zero, but I will take what I can get. The chart shows the first two flagpole targets. This is a quick post so I am not looking to throw every indicator on and do 10 sub-charts. I'll just throw one in because its charming. Here is DogeUSD. We can see that the gaussian channel contains price action in a bear market and mostly price consolidates around the midline. It takas a bit of effort but eventually price creates a lot of white space between it and the GC. Both black boxes shows where the Log MACD sags a bit as price struggles at the gaussian channel before breaking out. I expect to see some very expansive moves for Doge here shortly.
Long
by This_Guhy
13
Dogecoin/BTC Pair Analysis: Why Buying Bitcoin Makes More SenseChart Observations: Descending Trend with Lower Highs: The Dogecoin/BTC pair consistently shows lower highs, reflecting weakening bullish momentum. The trend is confined within a descending channel, with no clear breakout attempt. Critical Support at 0.000003 BTC: The pair is approaching 0.000003 BTC, a key support level. While this could provide temporary relief, the overall trend suggests continued bearish pressure. Bearish Momentum Confirmation: A failure to break the downtrend line (blue line) highlights the dominance of sellers. The Ichimoku cloud and lower lows support a continuation of bearish movement. Why Bitcoin Over Dogecoin?: Bitcoin Shows Strength: Bitcoin has maintained a more stable and bullish trajectory, making it a safer and more rewarding investment compared to speculative assets like Dogecoin. Higher Risk with Dogecoin: Dogecoin remains vulnerable to further breakdown if the 0.000003 BTC support fails. The lack of bullish catalysts suggests Dogecoin may continue underperforming relative to Bitcoin. Investment Reliability: Bitcoin’s market dominance and historical performance make it a better hedge and a more consistent growth opportunity compared to Dogecoin. Conclusion: While Dogecoin approaches critical support at 0.000003 BTC, the overall trend indicates further weakness. Bitcoin, on the other hand, offers a more stable and promising outlook, making it the better investment choice at this time. 📢 Disclaimer: This analysis is for informational purposes only and is not financial advice. Conduct your own research and consult a professional before making trading decisions. 🛑
Short
by Mcenzy
DOGEBTC showing great strength, first SOL now DOGE? Expect Dogecoin to go parabolic, all things are lined up to tell u that we are going to the moon. As usual, dogecoin will dominate the market. Analysis: DOGEBTC chart shows a massive rally that has broken this resistance i colored in blue that was holding it for a very long time. Now its retesting it. As I have experienced in the past, usually at this point it is preferred to swap btc into doge for higher gains. DYOR ! Visit @HalalPortfolio on Youtube for complete explanation.
Long
by Waisventures
Detailed Overview of DOGEBTC: Price Action Explained - Dogecoin◳◱ On the $DOGE/ CRYPTOCAP:BTC chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00000476 | 0.00000499 | 0.00000561 and support near 0.00000414 | 0.00000375 | 0.00000313. Entering trades at 0.00000434 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Dogecoin ▣ Rank: 7 ▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Kraken ▣ Category/Sector: Payments - Currencies ▣ Overview: Dogecoin is a playful cryptocurrency popularized by adopting the Shiba Inu internet meme. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00000434 ₿ ▣ 24HVol: 1,206.442 ₿ ▣ 24H Chng: -0.459% ▣ 7-Days Chng: -2.85% ▣ 1-Month Chng: 161.25% ▣ 3-Months Chng: 322.48% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00000476 | 0.00000499 | 0.00000561 ◢ Support: 0.00000414 | 0.00000375 | 0.00000313 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: SELL ◰◲ Technical Indicators Summary : NEUTRAL ◲◰ Sharpe Ratios : ▣ Last 30D: 8.21 ▣ Last 90D: 5.90 ▣ Last 1-Y: 2.03 ▣ Last 3-Y: 0.68 ◲◰ Volatility : ▣ Last 30D: 1.52 ▣ Last 90D: 1.11 ▣ Last 1-Y: 1.01 ▣ Last 3-Y: 0.94 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth DOGEBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
Part 2 of DOGE vs BTCWeekly candles, zoomed all the way to the beginning of the trackable orderbooks. Bitcoin's halvening seems to trigger an immediate "alt season" pump, and DOGE always benefits massively, claiming higher lows as a store of value. Let's be clear- nobody originally wanted to DOGE to ever be considered a store of value- that's why it has infinite emissions (a slowly dripped never ending supply) . In fact, the original idea was to make fun of Bitcoin's purity as a digitally scarce asset! So it's fundamentally strange to me that this inflationary asset continues to gain value against it's disinflationary older cousin. Oh well- hope you enjoy this one. DO NOT BASE YOUR TRADES OFF OF THIS!
Long
by mineyourbiz
Dogecoin 5X LONG Trade-Numbers (600% BU-Pot.)My dear friends... Look what I prepared just for you... These are the full trade-numbers for this DOGEBTC chart setup. Trade at your own risk. ___ LONG DOGEBTC Leverage: 5X Current price: 0.00000175 Entry levels: 1) 0.00000180 2) 0.00000170 3) 0.00000160 Targets: 1) 0.00000195 2) 0.00000220 3) 0.00000240 4) 0.00000260 5) 0.00000286 6) 0.00000320 7) 0.00000360 8) 0.00000385 Stop-loss: Close weekly below 0.00000150 Potential profits: 600% Capital allocation: 3% ____ Remember, we are all adults and part of being an adult is the responsibility of your own actions. If you decide to trade, it is up to you. I am not responsible for your wins... I cannot be responsible if you lose. This is not financial advice. Some experience is needed to trade with margin/leverage. I am wishing you success. Namaste.
Long
by MasterAnanda
7