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DOGEUSD trade ideas

$DOGE inverse H&S to send price up 30%+First off, this is a high risk move because of my competing thoughts w/ BTC having a big move lower soon. But as you can see from the chart, price has formed an inverse head and shoulders and is in the process of breaking out. Should price be able to sustain above the trendline, then it's likely that we see the upper resistance get hit. I think the move would need to happen in the next few days. If it doesn't play out by Sunday (and potentially even soon, I'll cut my long). Let's see.
COINBASE:DOGEUSDLong
by benjihyam
4
HIDDEN BULLISH DIVERGENCE RSI showing hence of weakness however what you see happening, when we pair the price action and when we pair the RSI together, we get divergence. This is specifically HIDDEN DIVERGENCE. Hidden divergence is coming from a LOW to a LOWER LOW and price; a LOW to a HIGHER LOW in price. This is HIDDEN DIVERGENCE. This is nothing to play with, this has power. We see opposites happening in price with RSI explaining the hidden divergence. Here’s our warning. Is this BULLISH or BEARISH? Let’s unveil it. This is called HIDDEN BULLISH DIVERGENCE. The only way we are going to have a nice BULL RUN again is to see Stochastic RSI CROSS the 3HR chart and what do we have now; stochastic RSI is about to cross the Stochastic RSI 20 line. A great time to enter is to wait until Stochastic RSI makes a cross over to bullish momentum
COINBASE:DOGEUSDLong
by The_ForexX_Mindset
DOGE Breakout Soon?Quick explainer on the chart: Red trendlines are a descending channel that DOGE has formed. I have excluded a failed breakout above this channel for obvious reasons. The green line shows an alternative wedge pattern using the highs from the failed breakout. As you can see, the wedge pattern has already broken out to the upside. All that remains is to see how the channel plays out. Historically, looking back to the past cycle, DOGE has tended to form beautifully clear bullish patterns (see the past bull run for very clear examples). This pattern certainly isn't quite so clear, but I would expect this to be a bullish formation, and probably a bullish breakout soon.
BINANCE:DOGEUSDLong
by ronzo777
2
Bullish rise off 50% Fibonacci support?DOG/USD has reacted off the support level which is an overlap support that lines up with the 50% Fibonacci retracement and could potentially rise to our take profit. Entry: 0.1564 Why we like it: There is an overlap support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.1482 Why we like it: There is a pullback support level. Take profit: 0.1718 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:DOGUSDLong
by VantageMarkets
DOGE Ready for next expansion stage. Happy Monday traders! Today we are taking a look at the All Time History of DOGE coin. Before we look at eh price action of DOGE lets take a trip down memory lane and give you some history of this coin. Doge: Much Coin, Very History Doge, in internet meme culture, refers to a photo of a Shiba Inu dog with multicolored Comic Sans text captions representing the dog's thoughts. This meme became wildly popular in the early 2010s, inspiring. Yet, most have never looked up the true meaning of the word DOGE. Dogecoin (DOGE), launched in December 2013 by software engineers Billy Markus and Jackson Palmer. It was created as a lighthearted parody of the seriousness surrounding Bitcoin and other cryptocurrencies at the time. They built Dogecoin using Litecoin's open-source code, which itself stemmed from Bitcoin. Dogecoin quickly gained a loyal following, especially on sites like Reddit, where it became a popular tipping currency for content creators. Despite its comedic origins, DOGE achieved surprising success. Here are some milestones: Instant popularity: Over a million visitors flocked to Dogecoin.com within the first month. Community focus: Dogecoin fosters a fun and inclusive online community, a stark contrast to some other cryptocurrencies. Elon Musk effect: Celebrity endorsements, particularly from Elon Musk, have caused the price of DOGE to fluctuate dramatically. Highs and lows: In 2021, DOGE reached a peak market capitalization of over $85 billion, but its value remains volatile. DOGE Definition: The chief magistrate in the former Italian republics of Venice and Genoa, known as the Doge (pronounced DOZH), held a complex and multifaceted role. Fun fact, Coins minted by the republic often featured the Doge's image or an abbreviation of their name. This served as a symbolic stamp of approval and helped ensure public trust in the currency. Today, Dogecoin remains a prominent cryptocurrency, though its price is significantly lower than its 2021 highs it may be repeating its historical gains very soon. Whether it's intention was to be a serious contender in the future or a lasting internet joke, DOGE's place in crypto history is secure. What do the charts say Looking at the all time history of this coin we can see that the price action has created two previous run ups producing over 21,000% gains between 2015 and 2017 and again reaching for the sky and touching over 50,000% gains during the 2020/2021 crypto bull market. Each cycle DOGE has nearly mimicked its prior cycles bear market, accumulation period and eventually, a mind melting bull run. As you can see on the chart we have completed the bear market and are currently breaking out of accumulation. My personal Targets for DOGE are $4.20, $10.10 and $12.00. If Doge did just half of the gains it did last run it would reach a total of over $12. With rumors shooting around the internet that Elon may add DOGE as the local currency for the X platform and this being a real possibility, I think it is counterproductive to think these type of gains are not in the cards. Much profits, Savvy
Editors' picks
CRYPTO:DOGEUSDLong
by Crypto_Kinfolk
14
Potential bullish rise?DOG/USD has just bounced off the support level which is an overlap support that is slightly above the 50% Fibonacci retracement and could rise to our take profit. Entry: 0.1564 Why we like it: There is an overlap support level which is slightly above the 50% Fibonacci retracement. Stop loss: 0.1482 Why we like it: There is a pullback support level. Take profit: 0.1729 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:DOGUSDLong
by VantageMarkets
3
Dogecoin Analysis | Overview & Potential Price ScenariosThe 1D TF chart for Dogecoin shows that the price is currently oscillating between significant Fib levels of 0.382 at $0.16154 and $0.17103, which are being tested as support and resistance. Additionally, the price is situated in the middle of the Ichimoku , indicating uncertainty and the potential for sideways movement. Yesterday's candlestick formed an Inverted Hammer Pattern, a Bearish Signal , while today's candlestick is forming a Hammer Pattern, a Bullish Signal , further confirming market uncertainty. Key support and resistance levels play a crucial role in determining the future direction of the price. The support level at $0.15313 (0.5 Fib) is critical. If the price falls below this level, further declines to $0.13522 (0.618 Fib) and possibly to $0.1150 can be expected. It is crucial to monitor trading volumes when these levels are approached or breached to confirm the strength and direction of the price movement. ◼️ Bullish Scenario: If the price breaks and consolidates above the $0.17442 level with confirmation from high trading volumes, it could reach levels of $0.19318 and then $0.20563. Exiting the Ichimoku cloud and increasing volumes will serve as additional indicators of the beginning of a bullish trend. ◼️ Bearish Scenario: A bearish scenario is likely if the price drops below and consolidates under the $0.15313 level. In this case, further declines to $0.13522 and an increased likelihood of establishing a new lower low at $0.11000 become probable, especially if this movement is accompanied by rising selling volumes. Traders should be prepared for potential SHORT positions or exiting LONG positions if a bearish trend is confirmed. Despite its popularity and active community, Dogecoin lacks unique technological advantages or innovations to support its long-term value. In contrast, crypto like ADA, NEAR, and COTI offer tangible technological solutions and practical applications, ensuring their sustainable growth and industry recognition. Without significant technological advancements and real utility, DOGE's value will rely more on temporary market sentiment rather than a solid foundation for long-term growth. Conclusion: Overall, the current price situation for DOGE is characterized by uncertainty with potential sideways movement in the short term. A breakout of key support or resistance levels will determine the future price direction. Additionally, the price direction of Bitcoin plays a significant role in establishing the overall trend direction for like DOGE. Disclaimer: Content for seasoned traders only. Not financial advice. You bear sole responsibility for trading outcomes. ➖ DYOR 🧠 💡
COINBASE:DOGEUSD
by TeddyVizion
RSI Divergence: BTC, not DOGEHello, I believe this may be a significant RSI divergence on BTC, which DOGE is showing Congruence on. This is illustrated by the slope of the peaks of the RSI (top), and you can see the White arrows show the corresponding peaks of the price action. A classic Bearish Divergence is illustrated in BTC (right side). I do believe there can and will be a massive transfer of wealth from the old king to the coin that illicit the emotion of LOVE. There is something powerfully different about that, as the planet is transitioning out of the 3D reality ruled by Fear, and into the 5D reality where the force of Love dominants. Good luck, God Speed, Love and Light to All!
CRYPTO:DOGEUSD
by DHLawrence
1
Elliott Wave Modern Analysis: Major Bullish Trends Unveiled!Hello traders! 📈✨ Today, we're diving into a comprehensive Elliott Wave Modern analysis on the DOGEUSD weekly chart (W1). With our two-window setup, we are comparing the current market behavior with a historical bullish trend from December 14, 2020, to May 3, 2021. Let's break it down: Right Window Analysis: Period: December 14, 2020 - May 3, 2021 Market Behavior: During this period, DOGEUSD exhibited a massive bullish trend forming an ABC flat pattern. Key Levels: Wave A: $0.4530, representing a 500% increase from a lower degree abc Zigzag (marked in grey). Left Window Analysis: Current Status: The market is currently forming the early stages of a three-wave pattern (a:3 & b:3). Future Projection: - If history repeats, we might see wave c:5 with a potential 500% increase, targeting $0.7992 from the height of a:3. - Current Price: $0.1650 - Target: Watch for the first major peak around $0.7992! 🚨 Get ready for a potential bullish surge in DOGEUSD! 🚨 With these insights, we could be on the brink of another significant move. Stay tuned and trade wisely! 🚀💸 🔗 Follow for more updates and detailed analyses! 📊📌 #ElliottWaveModern #CryptoAnalysis #DOGEUSD #TechnicalAnalysis #BullishTrends #CryptoTrading #TradingView 🚀📈🌊
BINANCE:DOGEUSDLong
by erbe
2
DOGE - Bearish Rising Wedge v Bullish Retracement LevelStrong potential for a Rising Wedge Correction after breaking past and building some support at our .236 (.1528) and .382 (.1619) neckline over the last 3 weeks. A break past .1621 turns that .382 support into resistance as we keep an eye on our EMA's here, looking at our 10,20,50 pointing down past our 200 as confirmation on our 1hr charts. Longer term we are hovering around our .618 retracement (.1646) from March that gives us some alternative support for a continued uptrend fighting at our mid-April .618 retracement pushing for a bearish reversal around .1768.
BINANCE:DOGEUSD
by substantialFer28213
1
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.
CRYPTO:DOGEUSD
by mukit1
2
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
BINANCE:DOGEUSD
by Crypto-Oracle1
2