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DOGEUSD trade ideas

Update doge on fire.1. Fibonacci Retracement Levels The chart uses Fibonacci retracement levels to track the correction after the price reached a high of around 0.43850. Key levels are: 61.8% (0.40110): This is a significant resistance level. If the price tests this level and fails to break through, it could indicate a potential further downward move. 50.0% (0.38955) and 38.2% (0.37800): Additional resistance levels, suggesting that if the price cannot surpass these levels, it may strengthen the bearish trend. Currently, the price appears to be testing the 61.8% level. If it fails to break above, there is a high likelihood that the price will continue to move down. 2. Wave A-B-C and Wave C Targets Wave A represents the initial downward movement from the peak (Point 1), followed by Wave B, which is a corrective uptrend that couldn’t reach the previous high. Wave C is expected to be a continuation of the downtrend, often marking a new low. Based on the Fibonacci extension, the key targets for Wave C are: Levels 0.618 and 1.0, approximately 0.34 to 0.36 – This could be the first support level to be tested if the price drops to this zone. If this level doesn’t hold, the price may test the 1.382 level (0.28), which is a significant psychological support and may attract buying interest. 3. Projected Price Path The dashed lines and projected path suggest a potential downtrend towards the 0.34 to 0.28 range based on the Fibonacci extension targets. Additionally, if there are signs of recovery in these support areas, it could be a positive signal for re-entering the market. However, if the price breaks below 0.28, it may indicate a stronger long-term downtrend. Summary: This analysis suggests that: If the price tests the 61.8% level (0.40110) and fails to break it, the price may likely move down towards the Fibonacci extension levels. The target for the correction might be around 0.34 to 0.28, which are key support levels for Wave C. Monitoring for a recovery signal at these support levels is recommended, as it could indicate a potential price reversal. Keep in mind that technical analysis is only a forecast based on historical data, and nothing is certain.
BITSTAMP:DOGEUSD
by Good_Phongram
DOGE Price Outlook: Key Levels to Watch for a Potential BreakoutDOGE chart reflects a steady hold at the equilibrium level, adhering closely to the white scenario. Currently, the price is consolidating within a range of $0.34 - $0.44. ▪️ Key Range Overview: A breakout below $0.34 could signal a move toward the nearest support zone, represented by the blue area. A breakout above $0.44 would bring stronger confidence for a rally towards higher price levels. ⭐️🚀 The chart’s bullish scenario is highlighted in white, showing potential upward momentum. Conversely, the bearish scenario is represented in yellow, indicating caution for downside risk. Keep an eye on these critical levels for strategic trading insights! 🔄✨
CRYPTO:DOGEUSD
by ParkJisungie
Doge bottom is in: Breakout soon to $0.65 AreaCurrently the 1H RSI is at levels not seen since $0.18 We have the 50 Bar EMA acting as a historic fundamental support. We have fib levels holding strong suggesting a move to the next fib zone which is somewhere between 57 and 66 depending on where you start the base. About 66% confident on a move higher, if we do crash the worst case scenario is $0.26 with a more likely bottom of $0.31-0.33 area. Again, I think we bottomed already but if i were to open a trade here my stop loss would be under 25. Cycle targets: Target 1: $0.60 Target 2: $0.89 Target 3: $1.16 Severe pullbacks likely after hitting each milestone's region. Use Caution
CRYPTO:DOGEUSDLong
by UltimateKnowledge
1
Dogecoin Retesting NecklineDOGE is retesting the neckline on the micro. Supply is manifest, but the price isn't retracing in proportion to the volume. This is in violation of Wyckoff law #2 cause and effect. But nothing is for certain. Still bullish on Dogecoin, as I shared with my group. If BTC dumps, all this TA is nullified in any case. But if the line successfully holds, DOGE can potentially climb to the 1.618% Fibonacci level where I personally would look to take profit and/or exit depending on the VSA metrics. Good luck to all and stay safe in the markets! Preliminary Entries: 0.42131 (500), 0.4168 (200), 0.4120 (100) Core Allotment: 1K Not financial advice.
COINBASE:DOGEUSDLong
by jalapablo
Doggy Style- I mostly use some specific projects to try to predict the next " Altcoin Rally ". - I typically use Cardano or Doge because they are older and I can use indicators from earlier times. - Yes doge is meme, but all altcoins are also Memes until they have a real use case right ? - so you remember this BTC post i made in 2022 ? ( please check it ) - So this is almost exactly the same but with this graph i use : - Tenkansen ( Yellow line ) - SenkouSpan ( Green line ) - so now check the compressing descending trend. - check now both lines ( Yellow and Green ). - Notice when the yellow line cross down the green, we go bear. - Notice when the yellow cross up the green, we go bull. - So what we can deduct? - Altcoins are not yet Bullish. - But remember Altcoins will go parabolic at one point and you want to be there! - When? - anyone knows the exact date but you need to understand " The Delay ". - i will post in comments same chart but i will use BTC with same technic and you will get that BTC is already bullish. Happy Tr4Ding !
CRYPTO:DOGEUSDLong
by thecryer
20
DOGE is finally parabolicI don’t have much experience charting the parabolic projections, but this is what I see. I mostly use these ideas as a personal trading diary anyways. But I definitely see DOGE eyeing its all time highs again. My personal belief is 1$ soon. It’s just so bullish, especially with the connection to Elon from the 2021 cycle and throughout. But now it’s connected to the name of his position in the government Department Of Government Efficiency. It is difficult not to see this being a top alt coin again. Also, it is literally the original meme coin. Very bullish vibes for DOGE here.
BINANCE:DOGEUSDLong
by SunnyRainPo
Dogecoin (DOGE) OverboughtI have been trading for a long time using the DCA strategy indicator that I have developed and I have recently published the indicator on my Tradingview page. According to this indicator, I have been buying DOGEs at support levels with more money than I would have thrown away so far. This support level is generally seen at $0.056. In addition, I dumped some of my DOGE at $0.2285, but then bought again at $0.107. I have already shared this analysis. I think that DOGE, which has broken through two resistances, will advance at least up to $0.75 (potential 89% return). But for this progress, I think that it must first find support at the $0.2285 level, which was broken again. This is because the indicator also gives an overbought signal. Therefore, I will tailor my portfolio accordingly. But I wouldn't be surprised if it continues relentlessly. As long as Elon Musk remains in government, I think this cryptocurrency will be on a continuous upward trend.
CRYPTO:DOGEUSDLong
by YavuzAkbay
A Doge on MarsElon is hilarious - and so is this ridiculous meme coin that has sustained multi billion marketcap forever it seems. With that said, Im honestly waiting for another SNL skit like event to mark the top for DOGE, and maybe the rest of the market. In the meantime, we are seeing a level to level breakout trend, and its beautiful. As of today we are getting an excellent pullback to a prior resistance, looking to flip it as support. Just keep trading these levels and this thing will make all your McDonalds meals taste that much better. 50c on the horizon, and that is going to be a big zone to watch what price action does around there. If we break above, I absolutely expect a retest of the pink POC level marking the highest traded price point on the last bullrun.
BINANCE:DOGEUSDLong
by VaulTradeous
2
$9 DOGe!hello, Here is the all time view of DOGE, jsut incase anyone needs a reminder of what he is capable of when he goes on runs. Relevant projections are fit to the myriad of relevant levels, recreating the future from the recent past. Some of my favorite (psychological) price levels are annotated in red on the right. I’ll be looking for buy and sell opportunities near those levels. I dont actually think we will make it to $9 on this push… we are already at a lower angle channel than they represented it seems. But, i would love to be proven wrong on that! LFG! LOVE, DOGe!
CRYPTO:DOGEUSDLong
by DHLawrence
15
DOGE Set for Big Moves: Will We See $0.40 or a Deeper CorrectionAlright, trading family, here’s the deal: DOGE looks like it’s heading toward $0.32–$0.33. From there, we’ve got a few possible waves to ride: 1️⃣ If we break through, we could hit $0.34, $0.36, $0.37, and maybe even $0.40 on the weekly levels. 2️⃣ If we pull back, watch for support around $0.31–$0.30 before a bounce higher. 3️⃣ A bigger correction could dip us to $0.27–$0.28 before the next push. If $0.27 breaks, we could go deeper. Stay calm, watch the price action, and let the market show you the way. Always trade what you see. Mindbloome Trading/ Kris
COINBASE:DOGEUSDLong
by Mindbloome-Trading
DOGECOIN! TIME FOR A SHOW AROUND THE CORNER.Hello traders, after a long break, time to dust off your wallets ;) We are starting the race for the best currency after Bitcoin. DOGE takes second place in the top ten, after Goatseus Maximus, a cryptocurrency promoted by artificial intelligence, which has risen by over 40%. It is worth noting that dogecoin peaked at $0.2156, the highest since early April. At this peak, this meme coin saw an increase of over 51% from its lowest level last Sunday. The reason dogecoin is doing so well is that Elon Musk, the CEO of Tesla (NASDAQ:TSLA), X and Space X, has become one of Donald Trump’s most vocal supporters in recent weeks. Musk has often said that dogecoin is his favorite cryptocurrency. The billionaire also designed the Department of Government Efficiency, a new government agency aimed at making the US bureaucracy more efficient, with the acronym DOGE in a deliberate nod to the meme coin. It is therefore possible that DOGE will continue to rise if Trump's victory is confirmed and the Department of Government Efficiency becomes a reality. In the meantime, volatility may accompany us. considering the time since the Bitcoin halving, which is 6-7 months, we can count on some earnings with great certainty/ - Of course, this is not an encouragement to invest, but only a curiosity. Regards and I encourage you to follow.
BINANCE:DOGEUSDLong
by seba26-77
1