DOGEBULLUSD trade ideas
DOGE - E subwave in actionIn a barrier triangles waves B & D end at essentially the same level.
There is probability E wave will exit. Exiting beyond trend boundaries is possible, but is not a strict rule. As you see on the chart the limit for the triangle correction is 0.305, if it exits, it may reverse at 0.36.
When wave 5 follows a triangle, it is typically either a brief, rapid movements or an exceptionally long extension.
According to projection by 1-subwave of the rally, the final actionary wave may reach 0,77 USD. Most likely, the 5th wave will cover at least the longest part of the triangle, which is the area of 0.53
#DOGECOIN
DOGE - Rising Wedge LikelyPrevious post:
After we have had more time to develop structure the market is leaning towards this being a rising wedge pattern. We are also seeing the daily RSI get rejected at the 70 which is exactly what we were watching for in the last post.
If price comes down from here we will see if buyers can hold our lower green line again. If we lose that level, price is likely to fall in the black box.
DOGE - SHORT TERM $0.75 or $0.38 - CryptoManiac101DOGE / USD
Doge is currently in the upward accumulation pattern and even on a shorter time frame we see that it is nearing a possible breakout point within the coming hours, and it is in the position where it will either break it or make our December.
Short Term Targets Upon Upward Breakout
3 Days - $0.52
7 Days - $0.75
3 Weeks - $1.12
Let's see what happens
This is solely for entertainment purposes only and is not financial advice.
DOGE Short Term Short, Long Term LongRejected with a double top. If it breaks down out of this flag we could see some correction in the next day or two. Price targets are circled, personally i'd take 35%, 30%, 20$, 10%, 5%. Stop above the VWAP ~.465. Not Financial Advice!! Make your own decisions and do your own research!! I will not be taking this trade since I don't like shorting crypto with its sporadic movements.
DOGEUSD Hits Target at $0.4800 – Perfect Execution!The idea I shared earlier played out perfectly as DOGEUSD broke resistance and hit the target at $0.4800.
🔑 Key Highlights:
Price action followed the bullish breakout above the critical level.
Strong momentum and volume pushed the price straight to the target.
Risk management with a stop-loss at $0.4549 ensured a safe trade setup.
Thanks to everyone who followed along! 🚀📈 Let’s look for the next opportunity!
#DOGEUSD #Crypto #TradingView #TechnicalAnalysis CRYPTOCAP:DOGE
False Breakout for DOGE?Dogecoin (DOGE) has reversed back into its neutral wedge pattern over the past 24 hours, raising questions about the validity of the recent breakout attempt. While yesterday's move above the wedge resistance appeared to signal bullish momentum, the price's inability to sustain higher levels indicates a potential false breakout.
Updated Technical Analysis:
Neutral Wedge Formation: DOGE remains within the confines of a neutral wedge pattern, characterized by converging support and resistance levels. This pattern often signals a period of consolidation before a decisive move in either direction.
False Breakout Indicators: Yesterday's breakout above the wedge resistance, while initially promising, lacked the follow-through momentum required for a sustained bullish trend. Factors contributing to this include:
Insufficient volume to confirm the breakout.
A rapid reversal back into the wedge, indicating selling pressure near resistance levels.
Critical Resistance Levels: DOGE needs to decisively close above the wedge resistance, currently around 46 cents, with strong volume to confirm a bullish continuation.
Key Support Levels: The wedge's lower trendline, currently around 40 cents serves as a critical support zone. A breach below this level could signal a bearish breakdown.
Immediate Outlook:
DOGE has approximately 9 hours to make another attempt at breaking above the wedge resistance before daily candle closes, and it risks losing bullish momentum. Failing this, the price could move deeper into the wedge, prolonging the consolidation phase or even breaking to the downside.
$DOGE updateCRYPTOCAP:DOGE corrected just a little deeper than I expected. Furthermore, the pattern is still intact. With Bitcoin's bounce, Doge simply found its path upward. For now, let's break the previous high and we are heading towards our first target at around 50 cents.
Have a nice weekend!
Be kind to each other and the world.
Doge can reach $.75 if it breaks upwards from ascending bullflagUsually an ascending channel like the one that is part of the bullflag on dogecoin’s 1 day chart beaks to the downside, except inside a parabolic phase of the bull market cycle. In the parabolic phase of a bull market cycle you can see several back to back rising wedges and ascending channels break to the upside so since we are really only 1-2 daily chart pattern breakouts into this current parabolic phase for the alt coin market, I think probability favors this ascending channel breaking upwards. If it does we also have the benefit of it being not only a channel but a bullflag as well and the target for such a breakout is around 75 cents. Furthermore if you flip to the weekly channel you would see that there is potential for the pole to be even longer than shown here on the daily timeframe, so I wouldn't be surprised if doge were able to overshoot the 75 cent target even. I noticed that the channel had valid trendlines on both the wicks and the candle bodies on both the bottom and top thats why the trendlines are doubled up, *not financial advice*
$DOGE for the retest and first targetAs indicated earlier, we have tested the previous height and we are now going to test the peanut again to break the previous height.
I expect the first target to also be around 50 cents. Possibly slightly higher due to extend fib to 1,618 and then we see 52 cents.
After completion, correction to previous high before we gain momentum to test the ATH.
Have a nice weekend!
Be kind to the world and each other
$DOGE RETRACING TO FIB DEMAND ZONE BEFORE BULL CONTINUATION Hope this can help you guys add on to your own analysis.
Remember this is not Investment advice just insights into my own perspective of this company's future price direction.
Remember follow the big money to make big money.
peace and love!
DOGE - Only ConcernPrevious post:
I still believe DOGE is in a bullflag and is preparing for an explosive breakout as stated in my previous posts. Even today's daily close was the first daily candle that closed above our bullflag pattern. Most likely this plays out and price breaks much higher.
I just want to make this post in case we see continued stalling around these highs. If price does continue to stall and fails to break higher then most likely we are in a rising wedge pattern opposed to a bullflag. Rising wedges are generally bearish patterns that break to the downside.
The momentum is still to the upside which is why this scenario is less likely, but I did want to put it on the radar as a potential scenario. You can clearly see the structure does currently mimic a rising wedge and noone is talking about it.
But I believe there is one primary indicator that will expose if this is a rising wedge or if this is a bull flag over the next 24-478 hours. That indicator is our daily RSI.
Right now the daily RSI is EXACTLY at the 70 (overbought conditions). If we see the RSI start closing above the 70 RSI in then next 24-48 hours then price will breakout and the bullflag will send price much higher. If we see the RSI start closing below the 70 RSI in the next 24-48 hours then price will most likely breakdown and this rising wedge could be in play.
Just wanted to lay out both scenarios so we can be most prepared for what happens over the next 24-48 hours. Either way a massive move is coming!
Dogecoin on the Edge: Breakout Imminent!Dogecoin is at a tipping point, consolidating within a neutral wedge pattern. Will it break upwards to new highs or tumble downward? If Bitcoin can hold above the fibinachi retracement level and crypto market cap stays bullish, DOGE should break to the upside! Explore key levels, potential scenarios, and what traders should watch for in this decisive moment! Make sure to smash the 🚀!
DOGECOIN: A Potential 3x-20x Opportunity?Dogecoin BINANCE:DOGEUSDT is showing signs of a potential repeating cycle that could lead to explosive growth in the coming months. 📈
Historical Patterns:
In previous bull runs, CRYPTOCAP:DOGE has shown parabolic moves following periods of consolidation. Looking back at its 2020-2021 cycle, Dogecoin skyrocketed by more than 20x + 20x in two steps within months after breaking key resistance levels.
Current Setup:
1️⃣ Consolidation Phase: CRYPTOCAP:DOGE has been trading sideways, building strong support on 0.45.
2️⃣ Rising Volume: Early signs of accumulation are appearing, which often precedes big moves.
3️⃣ Major Catalyst: With Bitcoin surpassing 100k€ CRYPTOCAP:DOGE rallies will follow with a lag, potentially peaking by March 2025.
Projections:
Conservative Target: A 3x move could see CRYPTOCAP:DOGE testing highs around $0.50 and then to $2.
Aggressive Target: If momentum mirrors the past, CRYPTOCAP:DOGE could surge 20x+, potentially reaching 9$ by March 2025.
What do you think—are we on the cusp of another Dogecoin rally? Drop your thoughts below! 👇
🔑 Reminder: Always manage risk and trade with a plan. While history doesn’t guarantee future performance, cycles often rhyme. Let’s see if CRYPTOCAP:DOGE barks again! 🐕💰
#Dogecoin #Crypto #Altcoins #CryptoTrading #CryptoAnalysis
Let the $DOGE out!Let the CRYPTOCAP:DOGE out. As soon as we break the supply zone, we may just test the previous height. If this works and we can keep the support, first the first target around 50 cents.
Once this is achieved, I certainly expect a test to the old ATH around 70 cents and beyond.
As soon as we go parabolic and we really catch the bull run, I despise a target of over 1.80 and more.
First let's wait and test and break the supply zone.
guys let the CRYPTOCAP:DOGE out and be kind to each other and the world!
$DOGE short? Big correction destroying stop losses for new ATH?Possible correction in production due to missing volume. Due to too little volatility. Correction to previous wave. Ultimately, long term, I am still bullish, but to get the market back under control, it may be time to destroy some stop losses to make room for new ATH.