Long termBe carful! after this possible d, it's gonna form an e .
But it seems that it is forming the last wave of downtrend and maybe on early October it will be able to surprise everybody !
DOGEUSD trade ideas
Dogecoin Buying Opportunity?As you can see on the daily chart, dogecoin is trending downwards in this channel. Buyers seem unable to break above .12800 resistance at the moment.
If price breaks below the support line, I will wait to see how price reacts to the potential buy zone for a long position/dead cat bounce.
If price retests the support line and doesn't break it, I might enter for a scalp to the upside.
If price breaks above the channel and creates a new trend upwards, I will enter long.
What are your thoughts on dogecoin?
COINBASE:DOGEUSD
Dogecoin 5-waves down exhaustedDogecoin price acting like i predicted. In accordance with my base scenario the 5 ways down structure is exhausted at this moment. Congratulations!
I see 3 probabilities how the price may continue developing. First of all, 5 waves down are never the end. Therefore, we could see a correction ~ to USD 0.103 if a Double Zigzag develops. You can see the target of the Double Zigzag in the screenshot.
A bit more globally, if we have a Leading Diagonal the price may correct up to 0.43 USD. But that's not my base case scenario.
One step back, on a primary Elliot waves degree level, there is a probability that the global wave will work out more rude right now. The targets i have mentioned earlier.
Doge: Loaded the bag again...with a stop lossThis week's waterfall selling hit my stop loss at around $.12 with about 20% profit. But I loaded the bag again when I got a buy signal on the fib golden zone around at $.11. Now have a very tight stop loss right below the wick of today's candle in case this bounce is not a sustaining one. If momentum picks up, this could be rocket move we've been waiting on for months. it breaks below again, then I will get stopped out again with very little loss. The profit That I incurred from the last trade should sustain 4 or 5 bad trades if things don't work out. However, I am looking for an elevator ride to $.20 on this leg to complete the A wave of 5 on the minute degree.
Dogecoin forecast for 4/20 & Bitcoin HalvingA simple idea on how Doge will go up in the next days ahead of the Bitcoin Halving and the most anticipated 4/20 date. Lots of exciting things coming up this weekend!
Given the fact that the Daily chart of Doge is finalizing its downtrend pattern, we could see a bounce back to 20 cents this weekend.
Much wow!!
DOGE - about to find support or crash through ? Bullish case - watch for direction and trade
Bearish case - watch for break of trend line
$DOGE Ready to Soar!🚀 Inverse Head and Shoulders identified ✅
🚩 Bull Flag forming ✅
📈 ADX showing strength ✅
Ready to fly to USD 0.30!
Dogecoin On The Rise!! .. But For How High??Here I have Dogecoin on the Daily Chart!
Starting with Technical Analysis:
Since its visit at the High in Dec. 2023 (.0945 - .1020) Support Zone, Dogecoin has had quite the Bullish Run!
Currently this rally is being halted @ .1363 as Price is testing not only the (.1280 - .1440) Resistance Zone but the Falling Resistance based off the Highs in March & May!
If price is able to overcome these obstacles ..
What lies in wait??
..Previous Highs
1) Price will have to contend with the (.1700 - .1800) Resistance Zone
2) Price will have to contend with the (.1990 - .2200) Resistance Zone
.. After that, well lets just focus on the here and now
*Based on the bearish pressure Dogecoin is facing considering on the Daily, Price is hitting Resistance Bollinger Bands, we could see a drop to the down side to test the (.1280 - .1300) area this rally was able to Break IF the Falling Resistance is able to Hold Price Below it's current High @ .1363.
*IF this drop is contained by the (.1280 - .1300) area and price is able to stay relatively above the 200 EMA, this could be good indication of Bulls in the area ready to push price higher!
Now Fundamentals
There's already been a lot of hype on the cryptocurrency for those who follow the fundamental side of trading with the ENOROMOUS transaction made with said currency:
www.tradingview.com
Along with the strong boost to cryptocurrency by the "Pro-crypto stance under Donald Trump's Leadership - should he win - will further fuel enthusiasm."
www.tradingview.com
*I currently hold 107 Dogecoins but could be looking to add very soon
-Stay Tuned!
DOGEUSD No time left! If you want to BUY do it NOW!Dogecoin (DOGEUSD) has been filling out our July 24 2023 call (see chart below) with impressive precision so far as after 6 months of sideways trading within the Cycle's Accumulation Phase, it posted the Bull Flag that typically precedes the parabolic rally:
Technically this implies that there is little (if any) time left before DOGE starts its aggressive rally phase where traditionally it doesn't offer many opportunities to catch it. The Sine Waves that accurately grasp the Cycle's Top, show that the coin will be entering its Peak Phase at the start of next year and may last until May 2025.
In any event, back to today, with the 1W MA100 (green trend-line) holding this month, the Bull Flag is about to break upwards and our Target remains the 0.786 Fibonacci level of the Fib Channel at 2.000. An overextension Target for those who wish to leave some coins running, can be 6.000, right at the top of the pattern.
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$DOGE $10+ DOGECOIN?!Colored #’s = Year type
1 Red = Bear Market
2 Yellow = Accumulation/Sideways
3 Orange = Small Ramp up
4 Green = Bull Market/Top
Chart is based on previous cycles within a main parallel channel (within green lines). The Main Channel is separated equally by white lines. Each cycle is within a blue parallel channel. Each parallel channel is exactly the same height. First cycle channel is on the first lower white line. 2nd Cycle channel is on the 2nd white line from the bottom. As we can see every single cycle #DOGECOIN reaches and tops out exactly at the red line (mid point of the cycle channel). The 3rd cycle top hasn't happened yet, but we can project if history repeats it would put #DOGECOIN at $10+.
Not financial advice.
Dogecoin - The pump is so clear!CRYPTO:DOGEUSD is looking so bullish,
Cycles, breakouts, sentiment and market structure. Dogecoin is combining all four of these bullish aspects and is preparing for a major move higher. After Dogecoin finally broke out of the triangle a couple of months ago, we already saw a rally of +250%. This is simply the starting of the next major crypto bullrun which will pump the entire altcoin market, especially Dogecoin!
Levels to watch: $0.117
Keep your long term vision,
Philip - BasicTrading
Part 2: Dogecoin Bull-ranCompare the synchronicity between BTC and Dogecoin at the timeline indicated. This should guide you
Dogecoin accumulation point before the bull-runWe can see how the square of 12 is scattered all over the market.
check back for part 2.
DOGE SHOWS REVERSAL by MONEY FLOW INDEX Enough is enough. Here we see a bottom low wick shadow. What story does the wick read?
Answer: The BULL is making its way up regardless of BITCOIN waves.
It spells out momentum to the upside reading like a HAMMER which brings huge revenue to those who enter.
Next came the BULL CANDLE. This can speed up at any moment and day for launch.
DOGECOIN #DOGE Still The ALTCOIN KING And can charge to $1And Can lead the way for the rest of the #ALTS.
We have had some nice action by the bulls Already on dode
But like much of the altcoins have been dragged back down
YET higher lows are in place
and we see some symmetry in the price action in a bowling out fashion
IT would not surprise me in the least if DOGE were to make a new ATH this cycle.
Which doesn't sound like much of a feat ... but as any seasoned crypto speculator knows
nearly ALL altcoins essentially dies and fade away.
So making new highs every cycle puts DOGE in a elite club of coins.
DOGELiking CRYPTOCAP:DOGE atop d1200ema and monthly open
If starts closing above .14 anticipate acceleration towards .2
IS $DOGE ABOUT TO DO THE UNTHINKABLE?Last bull run CRYPTOCAP:DOGE did a 280x from the start of the 5 wave move to the upside to its ATH of $0.73. This move took about 182 days. At its previous ATH, the MC did a 44x from the 2018 peak of GETTEX:2BN to ~$88bn. Based on this upward sloping trendline, CRYPTOCAP:DOGE is primed to hit $7.5, and if history repeats itself, this should happen by end of this year. This would also bring CRYPTOCAP:DOGE MC to almost $1.1trillion, which is about a 12.5x from previous ATH, which is not even up to 1/3 of what it did last bull run. This looks crazy but it's just what the chart shows.
DOGE: BULL about to ACTIVATE with BULL SIGNALBlue wave bull plot has reached on a 2D TF its destination. Now you wait. Bullish engulfing in process.
Two words for you: BULL SIGNAL
0.17 to 0.20 cents target
DOGECOIN: GIANT RALLY SOON? (July 20, 2024)In this video going over how Dogecoin could start its next major rally over the coming weeks & months
Dodge ready for large moveDodge coin has a confluence of signals indicating potential bull move:
1) BOut Trend + Res
2) Test Support
3) Supertrend positive in D1 timeframe (not yet in W1)
4) Overall Crypto market gaining land.
$DOGE finally looks hawt
From a time cycle perspective, Dogecoin is currently sitting at the very end of its normal range to retest prior all-time highs.
If you consider crypto cycles related to CRYPTOCAP:BTC 's halving, 6 months post halving is generally when we starts to see some big moves in the whole space.
From an Elliot Wave perspective, #dogecoin has likely bottomed for this swing and could begin a drive higher at anytime - the most likely time could be between weeks of August 12 and August 26.
Price
A conservative target for 2024 is at the 100% Fibonacci extension at $0.296.
An aggressive target for 2024 is the 161.8% Fib Ext at $0.565. Consequently, $0.565 is pretty damn close to Dogecoin's highest historical close ($0.571).
2024 highs likely to be found between mid-November and mid-December 2024.
What I'm Watching Closely
The Detrended Price Oscillator (DTO) has been languishing below zero line for three months - a close above the zero line on the weekly chart will be a big big pay the eff attention signal.
The weekly Composite Index (CI) remains in a historical support zone and has just crossed its fast-moving average, now waiting for an appropriate cross over and close above the slow-moving average.
Point & Figure Analysis
This is my favorite chart style, and the one I use to execute any trades on: Point and Figure.
Here's the first thing I like about a bullish outlook on Dogecoin: it broke below a head-and-shoulder pattern and then it returned above it:
At the same time, an inverse head-and-shoulder pattern is developing, along with a possible Triple Top Breakout (a P&F pattern).
If everything on the candlestick charts looks positioned nicely, and there's a valid entry condition on the P&F chart (currently $0.13), then I'm pulling the trigger.
Short Term Bullish DOGEApproaching level that has always been respected by DOGE coin RSI below the 50 Level AO is also below the mid point however DOGE is at a key level High probability of doge bouncing here then going higher but then again it may go lower to around 7 cents mark however it must deviate first on ltf before going lower that being said i will long and if the long fails i will short.
