Doge Going Down?
It seems that we have broken under a major diagonal support line.
50, 200 SMA is pointing down. We're currently under these SMAs.
Next major support is 0.1425 then 0.13
DOGEUSD.P trade ideas
Dogecoin (DOGUSD) video ideaEASYMARKETS:DOGUSD
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DOGEUSD | ABC Wave Cup Pattern - Target Projection +120%A potential ABC - Cup pattern formation scenario
TFW - current multiple falsebreak below 161.8% extension - a sideway / sideway down movement implication
> RSI convergence signal supporting wave 3 status
> Projecting wave 4 at rounding cup support level, possible 20 week moving average and 100% fibonacci support zone.
> Targeting wave 5 at 361.8% fibonacci extension of A wave at the key liquidity resistance level + 120% profit.
Always trade with affordable risk and respect your stoploss
Goodluck
#DOGE/USDT Dogecoin is currently trading within a symmetrical t#DOGE/USDT
Dogecoin is currently trading within a symmetrical triangle pattern💁♂️
Closely monitor the price action near the dashed resistance for buy entries🔍
In the event of a breakout above the triangle, upside targets are $0.225 and $0.290🎯
DOGE - Higher lows, and off we go!Hello! Consistent higher lows over the past 4 days.. that feels bullish! Looking for a retest of resistance around $.20…. And then the fun starts!
Let’s go DOGE!
Oh… dont mind BTC going over the edge of a cliff on the bottom right…. That should result in a massive move over to the coin of LOVE (doge) as everyone realizes the “buy the rumor, sell the news” applies to BTC halving, and the Blackrock ETF news… So im ready for a massive correction in BTC, an the prophecy says that will yield a tidal wave of crypto traders moving to DOGE.
Chart 1of5: DODGE/USDT PRIMED TO GO BULLISHThe Bullish divergence on RSI indicate that Dodge is about to go bullish and join BTC in uptrend.
DOGE wedge update - 2nd breakout of this bull cycle Looking at a downtrend reversal break out of our nested falling wedge pattern. Added strength coming from our higher time framed wedge completing a 3 wave correction of our 03/20-03/29 rally. 10,20 over 50 EMA should push up past our first neckline resistance @.1582 sitting at our .382 retrace. Reaching up at our 200 EMA, in a successful price crossover we're looking at .1744 sitting at our our 2nd neckline resistance at our .618 retrace. Sideways pressure marked around .1663 . Volume spikes will be significant here.
Doge Historical growthDoge has had near clinical growth since its release. if it stays true to form then next targets shown.
If doge gets added utility prices could be insane.
Money tends to flow back to trusted projects once everyone is sick of the rugs and scam coins.
Similar growth pattern seems to appear on XLM & XRP also, so could be worth watching
Yes i know my charts a mess :)
Adding on the next lowLooking for a lower low - the bounce off the low so far doesn't seem impulsive and I also want a better add price :) I'm expecting this to happen in and around end of April.
DOGE DAYUPDATE! It was bound to happen on 4/20 which is also considered to be #DogeDay so it is pumping hard rn. If you missed the boat, you missed it. Now we're looking stay above the $16 for the next leg up.
What is happening to Doge?Doge showing a knife don't get poked by the falling knife. Struggling to hold that $16-$15 range. Double top into a falling wedge back to retest at around .12 HAPPY BITCOIN HALVING!
(DOGE/USD) Precarious Equilibrium Awaiting Resolution.Traders seeking to chart the course of Dogecoin through its intricate price structure must be keenly aware of the delicate balance depicted on the daily charts. The marriage of Japanese candlestick analysis with the more subtle nuances of technical chart patterns paints a detailed canvas for speculation.
Candlestick Analysis:
The latest candlesticks reveal a phase of consolidation, with wicks on either end signifying a tug-of-war between buyers and sellers. The presence of small real bodies in recent sessions indicates a lack of conviction in the market, suggesting an equilibrium of sorts where neither bulls nor bears hold a decisive edge. This stalemate hints at the market's search for a catalyst to drive the next significant price movement.
Channel Patterns:
Dogecoin's price is ensconced within a descending channel, marked by two parallel lines connecting the highs and lows of the price action. This pattern traditionally conveys bearish sentiment; however, the price's current position near the channel's lower boundary could imply a potential support level. Traders will be closely monitoring for a bounce off this level as a sign of resilience or a break below as a confirmation of continued bearish trends.
Ichimoku Cloud Interplay:
The Ichimoku Cloud continues to cast a shadow of ambiguity. Price interactions within the cloud are generally indicative of a lack of trend strength and often signal consolidation. The recent price movement entering the cloud could be perceived as a potential change in momentum, but conviction is lacking until a clear directional breakout occurs.
EMA Cluster:
The congregation of the 20, 50, and 100-day EMAs adds another layer of complexity. Their proximity creates a zone of confluence that has become a critical pivot point for Dogecoin. The convergence of these EMAs will act as a litmus test for the strength of the prevailing trend, whether it be continuation or reversal.
Technical Indicators Sentiment:
The neutrality of the RSI and the tightening of the Stochastic Oscillator's lines suggest impending volatility. The MACD's hint at bearish pressure abating offers a counter-narrative to the channel pattern's bearish implications.
Volume Considerations:
Volume trends have yet to decisively back either side of the market, indicating that traders are waiting on the sidelines for confirmatory signals.
Speculative Price Outlook:
For bullish momentum to gain credibility, a decisive closing above the channel's upper boundary and the cloud would be essential, potentially targeting the $0.1762 level marked by the 50% Fibonacci retracement. Should bearish forces prevail, and Dogecoin breaks the channel support, a descent towards the $0.10981 or even lower to $0.0922 may be in the offing.
Conclusion:
In the grand chessboard of Dogecoin's market dynamics, it is the interplay of candlesticks, channel boundaries, and a congregation of moving averages that will dictate the forthcoming market narrative. As technical traders parse through this complex tableau, it remains paramount to align these technical signals with broader market sentiment and emerging news within the crypto space to forge a forward-looking strategy.
DOGE DailyWell, here we go!
Green trace is new today… I’ve been looking for a more neutral, sideways projection to show up.. and this feels pretty good, in contrast to the potential bearish moves in pink and red.
The daily candle RSI is already reset, and i would anticipate a bullish cross in the MACD up top to confirm, but i do believe we established a pretty long wick on that last foot, for a bullish leg up to at least the $.20 area, where we see a cluster of resistance levels., including that white dashed line. I dont recall drawing that one, or coding it boldly like that, but, that’s usually when i see something significant while very stoned… a not to normal self, to pay attention to it. So, keep that in mind. There is a discrete, yet somewhat evolving system to my art work. Solid lines ar formed as support, and will become resistance. dotted lines are formed by overhead resistance, and become support.
When matching the projections, we look for signature moves, and then align the compression & expansion patterns on each level of the trace within the new levels.
there is a foreground and background projection on each level. It pops into 3D eventually… So, if we are counting peaks, i go back 2 to find the most relevant projections.
This is a fractal situation also… the projections grow, and the very first motion of any new level, shows us (tiny) wha the whole level will look like (macro).
May all beings be happy and free!
Go Doge go!
Dogecoin - intermediate Triangle of primary trand continuationIn Elliot wave principle analysis - Triangle is a figure of a trend continuation. It always occurs in a position prior to the final actionary wave, in the pattern of one larger degree.
I.e as a wave four in an impulse, wave B in an A-B-C, or the final wave X in a double or triple Zigzag. A triangle may also occur as the final actionary pattern in a corrective combination, although even then it usually precedes the final actionary wave in the pattern of one larger degree than the corrective combination.
The triangle is part of corrective wave and the exit target of the reactionary wave is already worked out. The probability than we go down is higher than we go up, you can find it in a previous postings.
You can see an example how worked out the triangle exit on Silver 1974 year - fourth wave, as well.
As for bottom of this triangle, you can see it on this chart: -0.00769 USD.
Good luck in your trading and have a massive profit !
DogeUSD: Probably not quite done yetOverall crypto market correction has been rough on Doge. So far top to bottom has been about a 44% drop. I don't think this so called "Bullish Dip" is quite done yet. We should see at least one more low to complete the 5 waves sequence of wave 5 of wave C of the wave 2 correction. Even though the bullish invalidation is way back at $0.05, I will start to get nervous if Doge breaks down below the minor degree wave 1 top at around $0.11. That will be below 0.5 retracement and will be a sign of extreme weakness. Even below $0.12, things will start to look like a H&S pattern and bears will come out to eat this puppy alive. Let's see how this plays out, but I would expect this volatility to continue for a few more weeks. Stay safe out there.
DOGE Today. Gemini chartHello!
the pink trace is cool. it is from the initial bearish impulse Eliot wave (12345) expanded, about 3x... so that the leg from (0-1) is now from (0-5)...
This is how doge shows us what its gonna do before it does it. how the fractals propagate.
Question is, does it kick in now, or does a longer range bullish fractal, like the other one of the other fractals here, take control as we bounce between these levels?
If you have read my work before, you already know that I see DOGE as the one coin that most assimilates to LOVE.... mans best friend and all. and since the antithesis of love is Fear & Greed... that pretty we'll describes BTC and ETH... Well, LFG take this DOG for a loving walk... to the MOON!
Love you DOGE!
Potential DOGE - BTC divergence.Hello,
Looking at the 4 hr candle, i notice that BTC just printed a lower Low, while DOGE printed a higher low…. Which could signal that this level is a bearish continuation for BTC, and that wea re competing a reversal off of the long wick to $.13 for DOGE.
IS this when the prophecy becomes realized? The massive all time bump of BTC and move to DOGE?
Doge path to $.24Hello,
This is the view of Doge today... showing a fresh bullish and bearish forecast on the 99 minute candle. Depending where we start counting our wave from the first or second peak, we could be at teh bottom, and would follow the purple trace up now, or we could be at the mid level and need one more move down before the next bullish motive wave. this is from my understanding and observations of the movements that Elliot appears to be describing in his wave counts. the inherent structure of the head and shoulder, made level reversal diaganol, and then inverse head and shoulders, being the subset fractal to every leg of a lager version of this pattern.
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see how that whole patter makes a {
that is our fractal... and its in 3D like a perspective drawing... tiniest amplitudes in the back. the vanishing point being the reversal.
Anyhow, I do love DOGE, and am excited for its potential as a tribe built on love... thats the only difference I see between any of the coins... all digital nonsense... and then everyone jus loves this one.... hmmm. love, not fear is the future fro humanity. let's go DOGE!
Market Structure Learning how market structure breaks and retest each month on a consolidation market
Doge $Doge #Doge Doge on the daily is fighting and losing to the SMA50,it is below the SMA9 as well as the EMA20.
It is falling off on volume as well as momentum and the BEARS are stepping back in.
For the last 2 days it's been a perfect short if you just short from the SMA50.
We still have a sell signal which never retreated regardless of this recent bounce.
WE have decent support in the $0.11-$0.12 range/levels marked out. This level also coincides with the top from 12/6/22 as well as the bottom support from recent 3/19/24 dip.
Below that we should find much greater support at $0.10 level which also gains further support from the SMA180 as well as the top from December 6th-9th of 2023.
On the weekly we get a slighter different picture with us getting rejection on the weekly from the SMA9 but finding trend support around the EMA20.
Even with an aggressive decline in the overall markets short of a true black swan event i do not see us breaking and staying below that level. Should this change, I will update as /when needed.
For now, I would just focus on these levels for the entries and exits to play.
If you ever wanted to follow early to accounts that stay in the game and up with what's going on and wish you made an appearance with them prior to them being bigger followings etc. this is a great opportunity lol with me, my larger OG account I've spent the last several years and all throughout the bear building was killed by X and now I'm starting over from scratch.
I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame.
I think that this can really help speed up learning for many and to open their minds to variables.
As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so.
Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders.
I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have.
For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms.
Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
Doge $Doge #Doge Doge broke out after a long consolidation and once it got above the $0.10 level that it had a lot of progress to the upside and eventually topped out just above the $0.20 level.
On the way back down, you will find that there is temporary support in the $0.12-$0.13 range which for the bulls hopefully holds.
However, if and when you next lose that $0.12 range you will find your next and much more significant level of support at the $0.10 range.
Should you ever again see CRYPTOCAP:DOGE back below the $0.10 range, you'll find that there is very significant support at the $0.08 level.
CRYPTOCAP:DOGE spent a LOT of time consolidation in a range of $0.06-$0.08 in the prior bear.
I personally don't know if CRYPTOCAP:DOGE will ever see anything below that again in its life without some sort of actual black swan event.
I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame.
I think that this can really help speed up learning for many and to open their minds to variables.
As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so.
Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders.
I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have.
For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms.
Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
Whales accumulating to go LONG. Chinese Bitcoin ETF is ApprovedBillions of Dollars from Chinese Bitcoin ETF's that have just been approved, will enter the crypto market. That doesn't mean we're going to the moon tomorrow. Hang on and stay patient.
