DOGEUSD.P trade ideas
DOGEUSD - Sellers exhausted?After 644 days in the same range, DOGEUSD seems to have found support. There has been numerous attempts to break lower, but buyers have strongly defended the 0.0614 level.
We have had pretty strong upwards momentum for many weeks and are now seeing a pullback to a decent weekly level.
If buyers can hold this level and the pair puts in a higher low, it's likely that we see more expansion to the upside.
The more time in a range, the stronger the expansion.
All it takes is one Elon Musk tweet...
Dogecoin just getting started. Target price $27 next ATH. Similar pattern in play now as previous years. Possibly more volatility. Markets are moving faster and the 4 year cycle might get shorter and shorter as the gains come faster then long bear markets ensue again. Possible top this October 2024 for dogecoin, and later for other alts. If hyperbitcoinization happens due to dollar index breaking down and starting a decade-long downward trend then doge will go even higher than $27, possibly to $100 and beyond.
Go Doge Go!Wow! This yellow trace is showing the strongest influence, and has great alignment withthe recent flat top triangle pattern. MACD and RSI match well also… and it has begun! Lets run!
18 cents or 22 cents pick one.Elliot wave theory in play. Price made a impulsive move to xreate a higher high. Past wave 1. I'm looking for price to pull back to 0.12278 one more time or 0.10930 either way I'm bullish. I can see price breaking 15cents with no problem stopping at 0.18010 or 0.22861, which are both previous lower highs. From there expect an ABC correction/ wave 2
How does no one see this obvious pattern?Everyone seems to be convinced that doge will take 1 whole year to top out, but based off this chart and the average of the 2 previous cycle dates it will surpass its ath by July of 2024
DOGE WOOLY BULLY Doge will continue to play along for another run. This TPO chart shows it is trying to build back better into the value area following a channel before the pump… LETS GO !!!!
Doge take profitsWhat Is Dogecoin?
Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
Doge, another breakout continuation trade brewingDoge is about to breakout again potentially. Buy on breakout. Stops below last resistance.
DOGE - Spring board loadedHello! This trace shows a relevant projection for doge breaking out of a strap descending wedge shape (pink lines).
With the recent bullish moves, creating an expanding pattern, this could be quite explosive as it breaks out, with plenty of RSI reset now complete, the spring board, feels nicely loaded up for a bounce!
Lets Go Doge Go!
Good Morning DOGE! LFG!Wow! And things are jsut getting started!
Who can name this harmonic pattern with the head and feet at the white arrows? It’s one of my favorite bullish flying monsters… just beautiful! Whats Gartley call that? A shark or a cypher or something… idk.
GO DOGE GO!
DOGE todayLooks like we completed a nice two leg pull back, and have made higher lows suggesting we start the next bullish wave.
Go doge Go!
Doge todaywow! Exciting movements for DOGE, and increasing dissonance with BTC. Could we be de-coupling from the mega giant as it begins to top out?
Very exciting trying to expand and propagate these bullish patterns.
Lets go Doge!
DOGEUSD The time to buy aggressively is NOW!!Dogecoin (DOGEUSD) has so far fulfilled our July 24 2023 call (see chart below) for 6 months of sideways trading and is about to get out of this Cycle's Accumulation Phase:
As you can see on this chart, the price action respected our Accumulation Phase boundaries strictly and is about to form a 1W MA50/MA100 Bullish Cross. When this Cross was formed on each of the previous 2 Cycles, Doge started a rally. In the case of 2020 it was almost instant. We are less than 3 weeks before completing 1050 days from the All Time High (ATH), which during the past 2 Cycles was a benchmark for the start of the Parabolic Rally Phase (green Rectangle).
As a result, we are turning aggressively bullish on Doge, aiming at the 0.786 Fibonacci level of the Channel Up at $2.000. That is a fair Target price but we believe that if the market makes an overextension, we can even see it reach as high as $6.000.
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DOGECOIN: 274% UPSIDE AHEAD?Back on the monthly chart looking at the RSI & our RCI3Lines indicator we can see multiple bullish developments
- RSI about to register its highest reading since November 2021, when price was 22 cents, implying the possibility of CRYPTOCAP:DOGE having room for a further 65% upside back to 21 cents (which is also a key fib retracement level)
- RSI is NOWHERE CLOSE TO A TOP, signaling CRYPTOCAP:DOGE has TONS OF UPSIDE POTENTIAL AHEAD IN 2024
- RCI3Lines: Red line is fully positioned above the blue & inching towards getting above the dotted white line, aka the "parabolic zone"
- Once the Red line enters the parabolic zone on this timeframe, price will go higher FASTER THAN ANYONE CAN ANTICIPATE
- High possibility of a 136% - 274% rally in the next few months as we enter the parabolic zone & previous resistance levels of 21 & 36 cents are broken, paving the way to 49 cents
THIS IS WHERE THE FUN REALLY BEGINS...
If ATH of $0.7605 is broken... $1.20 is next, 760% upside between now & then...
$2 is a possibility, which would mean 1300%+ upside is ahead...
*Not financial advice* but just my thoughts on CRYPTOCAP:DOGE as they stand right now!
Dogecoin is almost there(REPOSTED) - I made the same post on 23/07, but now it's blocked by Tradingview.
Apparently, #Dogecoin is completing the consolidation of long-term wave 4.
Notice the resemblance to the wave 2 setup: the same principles on a smaller time scale.
DOGEE DOGEE ShorteeLets find the bottom in this drop so we can sit in a long for a channel play long . :)
Gann's Planetary Angles for DogecoinIf you're a Gann student you would know that time is the most important factor w/r/t to market cycles.
Welcome to an unique analysis of Dogecoin's price patterns utilizing the Gann Planetary Angles. This weekly chart analysis stretches back to 2014, and uncovers a significant pattern which could signal an impending bullish trend for the much-loved meme cryptocurrency.
This analysis employs Gann's planetary angles, specifically Uranus, as a predictive tool. Uranus, in this context, influences the angles plotted at three significant highs of Dogecoin. The angles reflect the price-to-longitude relationship with Uranus; for every 1 degree of Uranus movement, the angle changes according to selected price scales - in this case, 0.1, 0.2, and 0.3.
What stands out from the chart is a recurring pattern. When the price action surpasses the 0.1 angle (represented by the yellow line), it enters a "pre-breakout" phase, often signaling the later phases of an accumulation schematic before an ensuing mark-up. This pattern has been witnessed at the previous two highs and could serve as a powerful indication of future price movements.
Based on this Gann planetary angle analysis, the prediction is that Dogecoin may be on the verge of a significant uptrend, contingent upon the price action breaking above the current yellow 0.1 angle. Should this historic pattern repeat itself, we could witness a new high by August 2024. The profit target is set at a minimum of $2.27
BINANCE:DOGEUSDT COINBASE:DOGEUSD KUCOIN:DOGEUSDT
DOGE Ready to breakout - trend continuation tradePlaying a trend continuation trade here, with DOGE forming a bullish ascending triangle. Looking like it's going to break the previous resistance highs at around 0.10. Many other alt coins already broke up today from a similar pattern, so this looks primed to pop. When DOGE runs it can really run in a bull run. So worth being in for this one.
Buying on breakout of the resistance. Stops below last major swing low at 0.944.
I will sell 50% at 1:1 RR to make this a no risk trade. Also will be trailing stops as BTC is riding high as a major shock retracement from the big fella over there could quickly spoil this party.
Dogecoin long term targets#DOGE #DOGE_LTA
Dogecoin doesn't need an introduction. amongst the top gainers in previous bull market and probably the coin that will be the core of X (former Twitter) future payment system. Here are the potential future targets based on previous bull and bear markets:
2.2$
4.0$
6.9$ - 11.3$ area
26$ - 36$ area
DOGE , long time no seeDOGE breakout above $0.090
MACD slope up with bullish momentum.
next strong resistance for DOGE at 0.105.
with current market sentiment, we believe DOGE has the potential to clear 0.105.
DYODD
