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DOGEUSD trade ideas

✴️ Dogecoin Ultra Bullish Signal Explained!The summer is here and Cryptocurrency always grows in the summer. Why does this happen? How does it work? Well my dear friends, when you are all in the computer, watching, working, ready to make money... You get the downside, red. When the year was starting and you had doubt, everything grew. As soon as you get adapted and ready to play, the market makers start to take profits and you get discouraged and leave the game. When the summer is up people go on vacations, after a long correction, you are ready to give up. The smart money, traders and whales are ready to buy everything up... While you relax on the beach, for us it is the time to work. It is a very complex game and it messes up with your nature, human psychology but we can win if we pay attention... Let's look at Dogecoin today! There is zero need to go into tons of indicators nor a million details, the market moves down and it moves up and what one does, the rest follows. June 2022 last year, everything hit a low. After this low everything produced a recovery rally... Now Dogecoin has been left behind compared to say Bitcoin, Ethereum and Litecoin but it is still trading within a higher low. There are tens of thousands of Altcoins and they can't all move at once. When a group rest, the other group moves ahead. Many pairs were crashing in November 2022, Dogecoin at this time had a bullish wave. While other pairs were undergoing a bullish wave earlier this year, Dogecoin was in long-term correction mode. Now everything matches, most of the Altcoins produced a major low around the 10-11 June... What follows is additional growth. Of course, if things change and support breaks, you would get a lower low but this wouldn't change the fact that after this low, the market resumes growing... The worst case scenario is a longer period of wait. That's why I enjoy trading spot... You buy each time prices drop, when red/low/support and then just wait. When the excitement starts to build up, when we reach the top of the bullish wave it is time to sell. You can sell short-term, mid-term or long-term... It is up to you, or you can do a mixture of these, that's the plan that you need to build before you trade. Do your own research and thanks a lot for your amazing and continued support. I love you so much. It has been one hell of a ride. A very long, hard, painful journey but truly packed with great people, enlightenment, growth! See you on the next one. Feel free to hit like and comment to show your support. Namaste.
CRYPTO:DOGEUSDLong
by AlanSantana
2
Doge Coin – High Risk, High RewardTLDR: DOGE has been in a downtrend since May 2021. Overall DOGE’s price depreciated more than 90% since its ATH to its current value of 0.0619 USD. Although the chart looks bearish, I have some reasons to be optimistic about DOGE’s chances of future recovery (Twitter). This is a Degen play, not something to bet your house money on. DOGE Coin Long Term Chart Analysis If we examine the DOGE chart on the weekly timeframe, we can see a steady downtrend. DOGE’s downtrend has lasted more than two years. A closer look at the chart reveals a Descending Triangle within a Descending Triangle. Surprisingly, the Descending triangle broke to the upside and generated a 167% price appreciation. DOGE remained within the larger Descending triangle but now it is forming a Falling Wedge. The target of this Falling Wedge is a 125% price increase. We do not know if and when DOGE will break out to the upside, much less if the breakout will generate much profit. A breakout of the weekly RSI line resistance could be a clue but by then a lot of profit could be already made. This idea is far from certain. My approach is to buy a small bag and just sit on it until 2025. If it works-great, if not- also great. This a taco money trade. I don’t think that DOGE justifies more than that until it proves it has what it takes to break the downtrend. Trade Idea: Entry: 0.05 USD (wedge support line) SL: 0 Target:0.34 USD TP: 0.16, 0.34 USD.
BINANCE:DOGEUSD.PLong
by NewThoughtCrypto
DOGECOIN: ONE MORE DIP BEFORE RALLYThe 1 month stochastic RSI is failing to gain momentum, rather the opposite, we are losing bullish momentum The last time we saw this "rally then dip" pattern play out before going to ATH was July 2019 - March 2020 This could potentially signal that we may need 1 final correction, 1 final dip to take place between now & November Before Bitcoin & the rest of the altcoins rally I would be buying crypto in 2023 with NO EXPECTATIONS of a bull market rally materializing until at least 2024
BINANCE:DOGEUSD
by Jonalius
1
The ROAD to DOGE Dogecoin - A monthly time analysis - 35 month Decline / Consolidation Period - Current D/C period ends in April 2024 - Whether the ATH from prior cycle is reached or not, time will tell. That will require lower pennant exit. - Upper pennant breach, get in. My prior TOTAL 2 and TOTAL 3 analysis of the altcoin market suggested altcoin season would not start until between Dec 2023 and Mar 2024. We now have a chart for DOGE that suggests a good window for entry of a trend would be April 2024. You can really see why so many pundits are requesting you to hold back on Altcoin allocation until later in the cycle when probability is in your favor. Nothing is guaranteed here. We are looking for more probable outcomes and time patterns can help us time the trade with less risk. IMPORTANT TO REMEMBER THAT DOGE IS ONE OF THE FEW PROOF OF WORK CHAINS THATS BROKEN OFF FROM BTC WITH A LONG HISTORY OF PROOF OF WORK WITH LITECOIN AND A FEW OTHERS. DO NOT WRITE IT OFF. AS SILLLY AS IT IS, ITS SILLINESS SELLS AND ITS BACKED BY A PROOF OF WORK ALGO THATS STOOD THE TEST OF TIME AND RESULTED IN BTC BECOMING THEE GREATEST ASSET OF THE DECADE. PAY ATTENTION TO PROOF OF WORK COMMODITIES, THEY WILL NEVER BE SECURITIES. PUKA
BITTREX:DOGEUSD
by PukaCharts
Dodge to the moon or will it?I am looking at Dodge Coin as a bull run which is interesting. I would like to know you thoughts on this I have been watching Dodge and trying to understand the thought process behind Elon Musk and this coin. I do see a nice push along side BTC this looks like it can move to the upside but lets see if we get the retest that we are looking for. Now if we do get the retest and it sits above as shown in my chart I am looking to go long Dodge looks like it could go to the moon. I will be happy to see this play out for sure. What do you think?
BINANCE:DOGEUSDLong
by GenZMoney