DOGEUSD.P trade ideas
Dogecoin Primed For Liftoff?! Here I have COINBASE:DOGEUSD on Daily & 1Hr Chart!
A lot of Bullish signs are popping up on all Time-Frames for $DOGEUSD! Let's lay it out:
Daily Chart-
*Price made its Lowest Low @ .0805
*Price has created a Bullish Divergence on the RSI when price was able to make a Higher High @ .1321, disrupting the Downtrend Pattern.
*Fib Retracement Tool from the Lowest Low to Higher High places the Golden Ratio Zone @ ( .1033 - .1002 ) where Price has already Retraced to and is showing Exhaustion from the Bears!
1Hr Chart-
*Zooming into the Golden Ratio Zone, we see Price is exhibiting signs of a Bullish Wedge, potentially in the Reversal Variation!
*Lower Lows on Price creating Bullish Divergence with Higher Lows on RSI
I suspect we will see Price give us a Bullish Break to this Wedge and continue creating Higher Highs/Higher Lows continuing the Uptrend which will then contend with the Resistance Levels:
( .1355 - .1440 )
( .1700 - .1800 )
( .1990 - .2200 )
**If Price gives us a Bearish Break to the Wedge, Be Vigilant to False Breaks testing the .09 cent Support Level & Rising Support
Sell to Buy on DOGEI am selling at lower timeframe Resistance, to get out at break even. So i can then buy at 3h SUPPORT
5 Days to US Election! Hey guys,
So, the US election is just around the corner, and I'm sure everyone's wondering what it might mean for crypto.
As a casual trader, I'm not going to pretend to know exactly what's going to happen. The market is always unpredictable, especially around big events. But, here's what I'm thinking about the potential impact on Bitcoin, the crypto market, and even DOGE:
The Big Question:
• Trump or Harris, what's the difference? Honestly, it's hard to say. Both candidates have expressed different views on crypto, and it's unclear how those views would translate into actual policy.
Potential Impacts:
• Regulatory Uncertainty: Both sides have voiced concerns about regulating the crypto space, but the details are unclear. This uncertainty could lead to some market volatility.
• DOGE Mania: DOGE is a bit of a wildcard. It tends to move based on hype and social media buzz. If a particular candidate is seen as more "crypto-friendly," it could potentially pump DOGE.
• Institutional Adoption: We've seen more institutional interest in Bitcoin recently. A more pro-crypto administration could potentially accelerate that trend, which could be positive for Bitcoin's price.
My Trading Strategy (or lack thereof):
• Stay Calm: I'm not going to panic trade based on speculation. The market might be volatile, but I'll focus on my usual strategies and risk management.
• Watch the News: I'll keep an eye on the news and how the market reacts to any election-related developments.
• DOGE is DOGE: I'll treat DOGE like the meme coin it is. It's fun, but I'm expecting huge long-term gains.
Overall:
It's impossible to predict the exact impact of the election, but it's smart to be aware of potential scenarios. As a trader, I'll be watching closely and making my decisions based on the market, not speculation.
What are your thoughts on the upcoming election and its impact on crypto? Share your thoughts in the comments!
Disclaimer: I'm not a financial advisor. This is just my personal opinion, and not investment advice.
Telegram:@GreedEconomy
DOGEUSD very bullish to break out with Bitcoin.
DOGEUSD is a Crypto that I have accrued. I recently sold out and then I got back into Doge-long because I could see how it was traversing in a similar way to BTCUSD in its price.
It has been moving up a lot lately but it's only 0.1698. Pull up a daily or weekly chart and you will soon realise how structure-strong it's charting looks and you start to realise that it will breakout with BTCUSD but with more upside I believe.
If you prefer TRON TRXUSD, its price and charting is a bit like DOGE but Tron's price is at the top of the chart and its also destined to break out with BTCUSD.
Here are some charts.
DOGEUSD DAILY: Bullish Structure
BULLISH TRON DAILY below:
Dogecoin forecast December 2024A very simple idea that comes from using the Bitcoin halving's dates along with the Dogecoin price action to predict where the price of Dogecoin will go for the rest of 2024.
As we can see right after each Bitcoin Halving, the price of Dogecoin goes sideways for ~6 months average. Once that happens we see the parabolic bull run.
Taking that data from the last two BTC Halvings into consideration we can see that we are going to be trading sideways starting from May to September, then the last 3 months of the year we will have a new all time highs.
Happy trading and don't forget to take profits on the way up and in the mean time accumulate as much as you can! Your future self will thank you!
Cheers!
Dogecoin has just started!Dogecoin's potential growth to $1 is a topic of much debate within the cryptocurrency community. While it's impossible to predict the future with certainty, there are factors that could contribute to such a rise. Increased adoption and utility, particularly through partnerships and integrations, could drive demand and propel the price upwards. A growing community and increased media attention can also fuel enthusiasm and further boost adoption. Additionally, a shift in the macroeconomic environment, perhaps driven by inflation concerns or increased interest in alternative assets, could incentivize investors to seek out meme coins like Dogecoin.
However, several challenges could hinder Dogecoin's path to $1. Its inherent lack of real-world utility and its meme-based origin could limit its appeal to serious investors. Furthermore, a highly volatile market and potential regulatory uncertainty might create obstacles to sustained growth. Ultimately, achieving a $1 price point would require a significant increase in adoption, utility, and market capitalization, and whether it will be successful remains a matter of speculation.
Doge Coin Crucial resistance at .196Doge is forming triangle in long term chart expecting to hit .19 if it cross bull run will start.. Hoping BTC run will support this to cross .19 this time
DOGECOIN BREAKOUT ALERT! | 3 Scenarios to Watch for Morning, trading family! Let’s break this down. Dogecoin’s been hanging out in this range, but it looks like a breakout’s on the horizon. I see three ways this could play out, so here’s what I’m watching.
Scenario 1:
If we get a clean breakout from here, we’re likely heading toward 0.1745. If that level holds, we could see it push even higher, up to 0.1847 and beyond.
Scenario 2:
There’s a chance we pull back first, dipping into the 0.162 to 0.159 area. If buyers step in, we could bounce from there and make our way back toward 0.17 to 0.1745, and maybe even higher.
Scenario 3:
The market could also take us a bit lower, down to 0.1550. If that happens, it’s not the end of the world—a strong bounce from there can still send us back to 0.17 and beyond over time.
What do you guys think of this analysis? Do we pop straight up, or do we dip first? Let me know how you’re seeing it—drop a comment below. Always love hearing your thoughts.
Mindbloome Trading/ Kris
Trade What You See
DOGE PlanDOGE Plan
After the current bounce of 0.16 - 0.17 it will head to the next major support zone (0.04 - 0.05) if broken then RIP Doge.
Little Doge- First i am not a fan of Memes Coins, but i hodl some from few years.
- i started with few bucks.
- Remember prices are just what peoples believe in.
- A good exemple is Gold, anyone can eat Gold, but peoples buy it because they believe in it.
- Peoples believe in Elon Musk Tweets or change Twitter logo.. then Doge up!
- i just believe he's an opportunist, but a great businessman.
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- so let's do some quick Maths :
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- if you bought 1000$ of Doge in 2015 Bottom.
- you could have made : 888000%+
- Sold Doge at ATH you could have made : 8,800,000$+ (yep...)
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- if you bought 1000$ of Doge in 2019 Bottom (excluding Covid19 Dip)
- you could have made : 34000%+
- Sold Doge at ATH you could have made : 340,000$+
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- if you bought 1000$ of Doge in 2022 Bottom.
- you will possibly make : 10000% (potentially 5$)
- Selling Doge at the good time (ATH), you will possibly make : 100,000$
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- To conclude, you will never make the same money as peoples did some years ago, but you still have some opportunities to make great money.
- Some peoples will FUD about Doge, but i am 100% convinced that they didn't buy it in 2015...
- Don't forget Cryptos are risky. invest only what you can afford to lose.
- More you are gambling in "crazy projects", more you are taking risks, more you could be strongly rewarded, or lose everything!
- " The biggest risk in life is not taking any risk "
Happy Tr4Ding !
Dogecoin Breakout ContinuesDogecoin is continuing its breakout out of a long consolidation just like we have seen the previous two cycles. I expect much more upside to come over the coming months.
DOGEUSD started the Cycle's rally and can go x50.Dogecoin / DOGEUSD has crossed over the Bull Flag of the past 7 months, trading above both 1week MA50 and MA200.
This is what we have been calling as the 'October effect' since in Doge's 10 years of trading, most Octobers have ended correction phases that started aggressive rallies.
The ones every 4 years since 2016 have been the most aggressive.
Based on the previous two Cycles and their parabolic rallies, we believe it is possible for Doge to even go x50 from here.
Even 10x would be great from here but no matter your target, the essence is that Doge has started the new rally of this Cycle.
Follow us, like the idea and leave a comment below!!
DOGE breaking out of downward wedge, new highs incomingDOGE breaking out of downward wedge, new highs incoming
Confirmation by a retest of the support zone without breaking the prior low on the daily. Also MACD recent crossover from baseline
After we got our retest of the downward trendline, as well as the 50d moving average, every signal is pointing to a strong move to new highs
DOGE/USDI saw a cup and handle yesterday so I took advantage of the rise up, exiting might try half let it run then get then exit the trade, but this is what it looks like so far, I think there will be more a bigger climb up.
Dogecoin Breakout Run Targets $0.1930Resistance at $0.15: DOGE faces strong resistance at the $0.15 psychological level. Breaking above this could open the path for a sustained uptrend.
Golden Crossover: The recent golden crossover between the 50-day and 200-day EMAs signals a bullish shift, with potential for an extended rally if the crossover holds.
Fibonacci Resistance at $0.1432: DOGE struggles to move past the 38.20% Fibonacci retracement level at $0.1432. This level remains a key resistance for further upward movement.
Next Target at $0.1571: Should DOGE break the $0.1432 resistance, the next Fibonacci level at 50% ($0.1571) is the short-term target, indicating potential for additional gains.
Support at $0.1239: Key support for DOGE sits at $0.1239, a crucial level that may act as a rebound point if the price faces increased selling pressure.
Medium-Term Target at $0.1930: If bullish momentum extends, DOGE could challenge the 78.60% Fibonacci retracement level at $0.1930, positioning it closer to the $0.20 range.
Sideways Trend Near $0.135 to $0.146: The current sideways movement suggests consolidation around this range, with potential for breakout depending on volume and broader market strength.
Inverse head and boulders on DOGEUSDTarget is around .179 - 18 cents. There is a larger falling wedge pattern currently playing out as well right now and its target is around 23 cents..on the way to that target we will first hit this inverse head and shoulders target. *not financial advice*
DOGECOIN-USD bucking the sleepy Crypto trend Saturday
If you want to see a strong chart structure, open a chart of Dogecoin-USD, it kind of reinforces that it means business in its pricing going much higher, plus you start to understand why many Crypto-gurus and collectors have this one in their Top 10 right up there with the likes of Bitcoin and Solana.
I am a holder, but I noticed all of the other Crypto is in the red today, and this one is doing all the work and heavy lifting.
DOGE:USD - Is it wave 1 or wave b?Is it the red count or blue count? That is the question. Previous analyses still hold. Still no trade zone inside the box range; but I will be seriously tempted if price comes back to blue count wave 2 area. I might dip my toe in with a stop loss below the box. Whatever the case, we might be going through the last bear leg before the big blowoff happens by Q1 next year.
DOGEIt is about reading the price pattern and the result of the indicators + other crypto analysis.
I will only share with you what the result of the analysis shows.
This could be wrong. MD
$Doge hard run is coming!#Dogecoin, the king of crypto humor and memecoins, will lead the major bullish wave!
Thousands of new #memes on the market won't shake CRYPTOCAP:DOGE 's unique narrative!
#Doge is the biggest #meme narrative that takes the crypto world to a different stage!
DOGE is a huge pump and will have 2-3 times profit margins Doge is a huge pump and will have 2-3 times profit margins
