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DOGEUSD trade ideas

DOGE price at retest, Will buyers make a comeback?Resistance Breakout Rally: DOGE exhibits a resistance trendline breakout, hinting at the start of a bullish phase. Recent Pullback: An 8% drop in 48 hours tests the 100-day MA, raising concerns of a potential downtrend. Critical Support Level: The $0.082 level is pivotal; a fall below could lead DOGE to $0.070. Double Bottom Reversal: The current pattern suggests a possible bullish reversal, despite market-wide corrections. Bearish Candle Analysis: Lower price rejections in recent bearish candles indicate a chance for post-retest reversal. Current Trading Position: DOGE is trading at $0.08347, showing resilience above the $0.082 support. Technical Indicators - MACD: A bullish crossover between MACD and signal lines suggests a recovery trend might be resuming. Moving Averages: Dogecoin is navigating between the 50 and 200-day MAs, suggesting a mid-term sideways trend. Potential Rally: Sustaining above $0.082 could lead to a 28% rally, rechallenging the $0.106 high. Fakeout Risk: A plunge below the recent breakout trendline could signal a fakeout, increasing selling pressure. Market Sentiment: Overall market sentiment and external factors will play a crucial role in DOGE's price trajectory. Long Tail Candle Analysis: The formation of long tail candles points to bullish attempts to maintain the current rally.
BINANCE:DOGEUSDLong
by Coinpedia-Market-Insight
Is Dogecoin Coiling Up And Preparing For A Move?Looking at the technical picture of EASYMARKETS:DOGUSD on our daily chart, we can see that the crypto continues to slide, after peaking in the beginning of December. It is now trading below a short-term downside resistance line taken from the high of December 11th. That said, the rate is currently finding support just slightly above the 200-day EMA and above a short-term upside line drawn from the low of October 19th. This means that the EASYMARKETS:DOGUSD might be coiling up and getting into a squeeze. We would prefer to wait for a breakout through one of those given trendlines first, before examining the next directional move. In order to consider a decline in the near term, a break below the aforementioned upside line, a drop below the 200-day EMA and at the same time a fall somewhere below the 0.077 hurdle would be needed. This way the bulls could get spooked from the arena for a bit, allowing more bears to join in. EASYMARKETS:DOGUSD may then travel to the current lowest point of January, at 0.073. If the selling doesn’t stop there, we might then aim for the 0.070 territory, or even the 0.065 zone, marked near the lowest point of November 2023. Alternatively, a break of the previously discussed downside line could attract more buying interest, possibly sending EASYMARKETS:DOGUSD to the high of last week, at 0.088. If the bears are still asleep, this might allow the buyers to continue applying pressure, possibly sending the rate to the 0.095 hurdle, or the 0.099 level, marked by the high of December 15th. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:DOGUSD
by easyMarkets
2
Can Dogecoin hit $1?Can Dogecoin reach $1? Most likely not, but I'll bet on it. .................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
BITTREX:DOGEUSD
by CryptoTrend-Alerts
1
DOGE - LFG!Doge had some nice movements today, following yesterday’s bullish pattern originations Ont he short time frame. Expect to see those propagate exponentially over the next bit here. This view shows the short time frame projections leading nicely into the long range projections, all fit to relevant support and resistance levels on each time frame. Yeah… a lot of lines… i hear that all the time. I have to remove the less relevant lines so that i don’t overload the servers at TradingView. Apparently my brain is faster than the super computers. Of course, when i get to work on the 30s time frame, everyone of these levels, plus many more minor levels come into play. My aim is to “Floss” the bull runs, accurately predicting and playing all of the pull backs. Floss??? Well… flow state mtn biking on a flow trail, creates the sensation of low altitude flight… and if you pilot your human powered hang glider immaculately, your trail would resemble a big piece of dental floss, winding through the woods, flawlessly. Sorry if you can’t compute all the lines… hiding them (option command H) helps get your bearings. And zooming in also opens up the perspective. BITCOIN: ETF approved today. SELL THE NEWS!!!!!!! Should have bought the rumor long ago! Good Luck! Go Doge Go!
CRYPTO:DOGEUSD
by DHLawrence
Doge - Beautiful!Hello! Just sharing this because i think it is beautiful! Especially when we zoom the scale bar :) Like festival lasers! Oh… also wanted to point out that we completed a pull back to the 618 fib level, Measured from the Halloween breakout to the top. Not sure what comes next, but we did just produce another doge with a long bottom wick, and it was higher than the last. Could be the foundation of support for another run here. If we can only decouple from BTC… similar movements in time…. But not moving through the levels the same, BTC stayed up in a previous level while DOGE dropped into correction. Feels like an exhaustion of BTC and a recharge for DOGE.
COINBASE:DOGEUSD
by DHLawrence
10
DOGE/USD Monthly chart:Very interesting 3 fractal patterns (the power of 3) on the DOGE/USD Monthly charts! Fractal Pattern #1 (Date Ranges in Orange): - DOGE was in a consolidation pattern for 1096 days from Dec 2017 to Dec 2020 before starting the massive bull run. - DOGE has been consolidating since April 2021 and if we were to extend 1096 days out from this date then this puts exactly at April 2024 which aligns with the Bitcoin Halving. If this fractal plays out, then DOGE could potentially start another massive bull run around the halving event! Fractal Pattern #2 (Date Ranges in Purple): - The yellow line is the 21 WMA and the green line is the 21 SMA. - If we measure from the start of DOGE's consolidation in Dec 2017 up to when the 21 WMA (yellow line) crossed below the 21 SMA (green line) in Feb 2019 we can see that this was ~427 days. - Now interestingly enough, if we measure from the start of DOGE's consolidation in April 2021 up to when the 21 WMA crossed below the 21 SMA in Jul 2022 we can see that this was ~456 days. These two date ranges are pretty darn similar and definitely characteristic of a fractal if I ever saw one! Fractal Pattern #3 (Date Ranges in Sky Blue) - If we measure from the time that the 21 WMA (yellow) crossed below the 21 SMA (green line) in Feb 2019 to the time that the 21 WMA crossed above the 21 SMA in Nov 2020 we can see that this was ~639 days. - Now here's the crazy part. If we were to measure the number of days from when the 21 WMA crossed below the 21 SMA in Jul 2022 out to April 2024 which again aligns with the Bitcoin Halving then we'll see that this is ~640 days. This would be one powerful fractal if it were to play out! DOGE you dog you 🙂 Happy trading!
BINANCE:DOGEUSDLong
by nestorsocoolitshot
1
DOGE RUN IS OVER! TAKE PROFITS OR HOLD YOUR BAGS TILL 2025!Its clear that the doge run is pretty much over. DOGE is headed back down to $.05 and possibly lower over the next few years to maybe below 1 cent, till the next potential crypto run around 2025. These little pumps from Elon and friends is all just a joke so they can empty their bags and have the liquidity to do it while everyone else is buying in to these hypes. I said this weeks ago if you look at my other chart that this thing needs years to consolidate and correct. It outpaced the market in its run and went straight up and in this market anything that goes straight up comes straight down. Also there is no use case and DOGE is not being used, this is all a hype run and a get rich quick pump and dump. Once the rest of the market starts the next run up DOGE may have a bounce but only in dollar value as everything is pegged to Bitcoin but its BTC/DOGE ration will fall. If you believe in the tech then hold your bags and stop looking at the price. If you are just trying to make some money then this may be the time to get out and take profits if you haven't already or cut your losses if you bought in at the top. Good Luck. If you have any questions or just appreciate this idea then leave me a comment. Follow me for frequent updates as well and if you have a chart you would like me to look at then let me know. Thank you all and good luck. NOT FINANCIAL OR TRADING ADVICE JUST MY OPINION.
BITTREX:DOGEUSDShort
by Bitgolder
45