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DOGE Perpetual Futures ContractDOGE Perpetual Futures ContractDOGE Perpetual Futures Contract

DOGE Perpetual Futures Contract

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DOGEUSD.P trade ideas

Will Doge trigger the channel breakout?We can see Doge’s price action has just recently breached the top trendline of this channel its been in for so long. Should it validate the breakout the target from here would be a measured move to 13 cents. Of course there’s always a decent chance that this candle could go back under the trendline before it closes, s as always patience must be exercised here. Of course the closer we get to confirming phase 2 of the bull season the less the priceaction of most chart patterns is going to dip back below the the trendline before the official breakout confirmations so its possible this could validate a breakout on this initial first brea above the trendline as well. I’m personally going to wait and see where this candle closes..I anticipate if it can close 3 consecutive daily candles above or maybe 1-2 weekly candles above the trendline then it is likely to validate. *not financial advice*
BINANCE:DOGEUSD
by DrDovetail
1
DOGE - MACD match.Hello! Today we are looking at the doge chart since inception again. This time, a split window, so that we can more accurately compare the MACD momentum indicator at the top. It scales with the price, so have to zoom it in on the left. Anyhow, this gives a pretty confident location, confirmed by the Stochastic RSI indicators on the bottom, and wave count, and my foreground - background harmonic projection observations. So… good chance we have a bit of a pull back ahead to recharge the Relative Strength Indicators. Equally good chance the infamy and enthusiasm for our Beloved coin will lead us exponentially without said pull back. Very exciting!
CRYPTO:DOGEUSD
by DHLawrence
Doge In Strong Bullish Market, Five Wave UpHello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a buy or sell signal. My primary intention is to share my unbiased analysis so that you can utilize it as a guide to make an informed decision. To build your confidence in my analysis, I always share my previous analysis from the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand. I hope that my analysis is useful to you in your business journey, and I wish you all the best. I am looking forward to hearing from you. Lastly, I would like to mention that like-mindedness and support, comments, and likes are the most important pillars of progress, just like support points in the financial markets. They give me the energy to continue and share more ideas with you. Sincerely,
BITFINEX:DOGEUSDLong
by mehdi47abbasi79
Dogecoin Plans Retest Rally To Reach $0.15! Rounding Bottom Recovery at $0.09: Dogecoin demonstrates a rounding bottom recovery, refueling its momentum with a retest at $0.09. Neckline at $0.116 for Breakout: The rounding bottom pattern with a neckline at $0.116 indicates a potential rally in DOGE's price. Potential Jump to $0.15: If momentum is unleashed, DOGE could potentially surpass the $0.15 mark, indicating a significant rally. Comeback from Pullback Phase: Dogecoin is making a notable comeback after a pullback, breaking through key resistance levels. 87% Discount from All-Time High: Currently, DOGE is trading at an 87% discount from its all-time high. Influence on Market Recovery: The ongoing market recovery is setting the stage for a potential bull run in meme coins, including Dogecoin. 19% Jump Last Week: Dogecoin experienced a 19% rise last week, though it currently faces a minor correction. Trading Above 200-Week EMA: DOGE is trading above the 200-week EMA, indicating sustained bullish momentum. Technical Indicators - MACD and EMA: The MACD indicates a bullish trajectory, while the EMA suggests the likelihood of a golden crossover. Risk of Dropping to $0.070: If DOGE falls below the $0.08 mark, it could see a decline to $0.070. Impact of Market Trends on DOGE: The broader market trends are playing a significant role in shaping DOGE's price movement. Critical Resistance at $0.10: DOGE is currently facing resistance at the $0.10 mark, which is crucial for its continued uptrend.
BINANCE:DOGEUSDLong
by Coinpedia-Market-Insight