DOGEUSD.P trade ideas
DOGEUSD: getting a bit dodgy The reversal from May 1st started impulsive then not sure what happened. It is possible that price action from May 13th is some kind of a leading diagonal structure of a lower degree wave 1, but it is taking too long to stay as a lower degree structure. At this point we might face the possibility that the minor degree wave 4 correction hasn't completed yet and the recovery so far has only been a B wave. If that is the case, the line on the sand remains at $0.1072 and ideally we do not want to see a daily close below $0.11. Best case scenario we see some more sideways action over the summer to have the structure complete as some kind of a double combo correction and price remains at $0.13. We shall see. What we absolutely do not want is a break below $0.1. If that happens then it will confirm that the intermediate wave 4 hasn't completed yet and price can plunge below $0.04. Right now, not going to think about that calamity. Will keep an eye on the Bollinger bands and MACD. At this point, sideways price action seems most likely.
Another rev hs Rev hs on our micro time frames, since these aren’t seen on higher time frames chart pattern may not follow typical trend pattern. Easy trade setup if we see some good vol spikes
Dogecoin: The Lovely Doggo Dogecoin: The Lovely Doggo
It is supported by the curve trend line (Cru) for 222 days. If this trend continues and breaks the $0.176 resistance, we can move up to $0.197 and then after further support from this curved trend line (Cru), breaking the $0.224 resistance, we can consider the final target at $0.3125.
On the other hand, if there is no support and this curve trend line (Cru) disappears, we can correct and even experience a sharp drop. In this case, our targets could be $0.12 and then $0.075.
Beware of this double-edged sword.
All analysis is based on my point of view and this is not economic advice. You must do your due diligence for your own transactions
DOGENice reaction thus far from the psychologically significant .15 level described in previous idea
It may be early to say but, looks like lows are in; honestly don't think we see doge less than .15 ever again as I expect that this is the beginning of markup through .3, and higher thereafter
If we get .16 retest I'd imagine that'd be great spot to add
Study doge Jamaican bobsled team and how market/ price reacted after that news (hint: it created generational bottom), increase by an order of magnitude imo
full moon support for added confluence
DOGE Long Through Next Bull MarketDOGE always pumps during crypto bull markets. Target is a 10x. See ya in a year or so. Expect acceleration once a confirmation close through the clouds.
DOGEUSD Bullish Side Robbery PlanMy Dear Robbers / Traders,
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DOGEUSD 1H Long Trade - 1:3 RRRRRR: 1:3
SL: 0.15090
TP: 0.20000
In this trading strategy, I present a compelling opportunity for a long position on the DOGEUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3.
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
Doge is about to rise based on weekly analysisDogecoin is doing a nice pullback to the area shown in the chart and getting ready for a rise. Based on weekly analysis, the target is about 0.3$ - 0.34$.
Remember this analysis is based on a weekly timeframe, thus, do not rush into a buy position in the future market!
What's your opinion? agree or disagree? write down below :)
Could DOG/USD fall further?DOG/USD has reacted off a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could potentially fall to our take profit.
Entry: 0.1612
Why we like it:
There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 0.1696
Why we like it:
There is a pullback resistance level.
Take profit: 0.1479
Why we like it:
There is a pullback support level which lines up with the 78.6% Fibonacci projection.
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The king of cryptocurrencies, Bitcoin, its effects on subsetsDear analysts and traders,
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Previous analytical ideas
Dogecoin still looks positiveEASYMARKETS:DOGUSD
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The Weekly Doge Cross, Targeting $4.20 only seems appropriateTeh Doge! We just had a weekly cross on Doge coin! The last time this happened we had a rocket up in price to the extreme.
Crypto is a gamblers paradise and what better thing to bet on the OG gamble crypto itself? We have already seen plenty of meme coins pump and Elon Musk will likely pump doge in the future again with X accepting payments, Tesla, or something of that nature.
It only seems appropriate to have a price target on #doge of $4.20. The last top was around .69 cents. Coincidence? I will let you decide.
A couple technicals.
As mentioned, the weekly cross indicating it could just be getting started with a move to the upside. If you look at the previous time this happened that I circled in red, you will see that this was the beginning of a strong move and trend to the upside for Doge coin.
What's more, the main resistance at this .18-.19 cent level has been breached, the main resistance is the VWAP we are approaching just at this .25 cent area. When we get above that, there should be little resistance until the recent ATH's.
On this large time frame, while RSI is high I would take this more as an indication of strength and not that it will pull back anytime soon. MACD also looks good.
Here's to hoping Doge goes to $4.20!
Cheers,
TCD
Dogecoin - Is a 20.000% rally realistic?Hello Traders and Investors, today I will take a look at Dogecoin .
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Explanation of my video analysis:
In 2020 Dogecoin already created a symmetrical triangle breakout which was followed by a +20.000% rally towards the upside. Then we saw the top in 2021 and Dogecoin once again entered into a triangle consolidation phase. We already saw the bullish breakout of this triangle and if we measure the potential price target, the next bullrun could bring us all the way up to $20.
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Keep your long term vision,
Philip (BasicTrading)
Play Math on DOGE chart!Let's seat and do simple math for DOGE chart since 2017! Numbers don't lie!
2017 - 9346.70% - $0.0002 became $0.0193
2021 - 9427.77% - $0.0081 became $0.7581
2024/5 - 9500 % - $0.0807 will might go to -----> $7.00ish
GiraffeDoge entered Giraffe trend. It seems that she has consumed everything at current position and is on the way to new abundant place.
$DOGE Search and DestroyNo stop loss is safe.
Doge is inducing long's and building liquidity on the local low before it is going to be a targeted sweep for the real move to the upside.
Back up the TruckTops have increased by a factor of 8, unlike bitcoin with decreasing factors. This thing is about to run hard.
DOGEUSD Bullish Side Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist DOGEUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous Level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
$DOGE iH&SiHS + 8h Cloud breakout, further confirmation on bullish kumo twist
entry: accumulate when confident, add on breakout
exit: 1.618 + measured move $0.20-0.23
stop loss: <R Shoulder $0.15
NFA
DOGE W pattern *** LOG target of 50 cents!***Massive Qudos to Doge
It's a meme & crypto alt coin unicorn
It birthed an entire industry
So and one of the very handful of coins that can make new highs versus BTC
That is quite incredible.
here we have a lovely W pattern
with some nice targets for it
We will assess once these are made for further upside.
#Memes
#memecoins
#Dogcoins
Bullish Signs for Dogecoin (DOGE/USD) on CoinbaseThe DOGE/USD chart on Coinbase is hinting at a potential trend reversal. An inverse head and shoulders pattern seems to be forming, following a five-wave downtrend. The pattern's left shoulder aligns with the end of wave 3, while the head coincides with the end of wave 5. Interestingly, the price climbed above the peak of wave 4, creating an upward neckline that suggests a bullish breakout.
Adding to the bullish sentiment, a golden cross is forming within the left shoulder, indicating a potential shift in momentum from bearish to bullish. This inverse head and shoulders pattern has been consolidating for over a month, suggesting a period of compressed price action before a potential breakout.
This analysis is based on technical indicators and should not be considered financial advice. It's important to understand that the market can be unpredictable, and your own research is crucial before making any trading decisions.
