DOGEUSDC_EAA53B.USD trade ideas
Will Dogecoin reach $1.00???In 2024, Dogecoin (DOGE) has some notable highlights and developments:
The Dogecoin Foundation has announced an ambitious roadmap for the year, aiming to strengthen Dogecoin's infrastructure and expand its reach globally. Key initiatives include the enhancement of GigaWallet, the release of libdogecoin 0.1.3, and the expansion of RadioDoge, aiming to provide Dogecoin connectivity in areas with limited internet access. These projects are part of the foundation's vision to promote Dogecoin’s development and utility, focusing on community-driven innovation and global reach.
Price predictions for Dogecoin in 2024 are optimistic, with some analysts suggesting that DOGE could reach or even exceed $1 by the first half of 2024. This bullish outlook is driven by a combination of factors including technological advancements, community support, and the increasing utility of Dogecoin in transactions and online payments. Analysts also highlight the meme coin's potential to benefit from broader crypto market trends and the continuous support from high-profile figures.
For those trading Meme Coins, there is now a benchmark for where to roughly close positions :) and not wait for the eternal To The Moon!
$0.50
$0.74
$0.98
Time To DOGE Hey Traders,
After a while here, So the chart says the story itself.
Just manage the risks & trade wisely.
Take profit cuts around 50% - 60% & leave better be in profit without loosing in greed.
Leave your thoughts + DYOR...
One last thing !! Everything works under how BTC performs
Happy Trading !!
DOGEJust a friendly reminder that you are likely not bullish enough on DOGE!
If the "it's inevitable, dogecoin standard eats teh global financial system" meme that Elon Musk loves is real, which I believe it is, we're going much much higher; DOGE with the market cap of MSFT puts DOGE around $21 for example.
Dollar parity is just the beginning of the next chapter...
350% Rally for Dogecoin coming soonComparing the fractal to 2020-2021, we can see that DOGE is lining up for a massive rally
We might need a small correction first (watch the 50 MA on this 3 day timeframe as potential support)
but based on the facts in the charts, we are lining up to rally on or after the BTC halving in April
21 cents major resistance, 76 cents is inevitable...
We just need confirmation on the weekly chart to flash this golden cross BEFORE we continue the massive rally:
🚀 $DOGE to 1$ + ! 📈Dogecoin (DOGE) has broken out from a macro triangle pattern on the weekly timeframe, attracting attention from traders. This analysis explores the implications of the breakout and projects a measured move to around $1.60. By dissecting the chart dynamics and considering market psychology, this analysis provides insights into DOGE's potential trajectory.
Introduction:
Dogecoin's breakout from a symmetrical triangle on the weekly chart signals a shift in market sentiment. This analysis aims to dissect the breakout's significance and forecast a potential target price using the measured move theory.
Chart Analysis:
The breakout above the triangle pattern's upper boundary is accompanied by increased trading volume, indicating strong market participation and bullish sentiment. This breach of resistance levels validates the bullish bias and sets the stage for further upside potential. 📈📊
Measured Move Projection:
Applying the measured move technique, the height of the triangle pattern suggests a target price of approximately $1.60. While this provides a theoretical target, traders should consider additional factors such as support/resistance levels and market conditions.
Conclusion:
Dogecoin's breakout presents opportunities for traders. With a target of $1.60 derived from the measured move theory, traders can strategize accordingly while considering risk management and market dynamics. 🚀🐕
DOGE - Fib retrace complete?Ah yes... that was scary, but the fear seems to be subsiding as we complete a fib retracement tot eh beloved 0.618 level. "good Doge! let's go for a run "
as you may have seen in my last post, BTC is showing similarly strong bearish projections as DOGE has bullish. is Love (Dog's are the beings of unconditional love) winning out over greed and fear?
Sit, Stay, Good boy! Let's go for a run, Doge!
Follow along!