Doge channel breakIt seems that Doge is going to break this channel. Use the entry point and target as mentioned and put your stop loss just little a head the last bar.
But we have to ensure that the break is confirmed
DOGEUSDT.P trade ideas
Doge Elliot wave Elliot wave theory fits exactly on this wave impulses . with a maximum target of 0.23 but ideally 0.20 would be the place people will start to take profit . also it all depends on Btc as well . If Btc can consolidate around this levels doge can go higher to complete wave #5 .
DOGEUSDT Major supports are ahead As we can see price is now near major daily support zone and we can expect more pump from those supports like green arrows.
For now we may have more correction to the downside before the expected pump arrive.
DISCLAIMER: ((trade based on your own decision))
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Doge coin favored by tech mogul turned politician.After the meteoric rise of the worlds first meme coin, does Elon musk still have grand plans for the doge token? I believe this upcoming election will bring many surprises and doge could benefit from the hype. Risk adverse traders should take heed for the volatility can be mind boggling.
Mr doge ready for dump at 11:30 Gmtneed to rest for next jump aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
Doge UpdateI expect a bearish correction to test the midline of the falling wedge before break up and target 0.27 area in naext year.
DOGE ANALYSIS🔮 #DOGE Analysis 💰💰
🌟🚀In 4hr chart we can see a formation "Descending Wedge Pattern in #DOGE. Also there is a breakout of the pattern. We would see a small retest towards it's crucial support zone and then we could expect a reversal
🔖 Current Price: $0.15800
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #DOGE. 🚀💸
#DOGE #Cryptocurrency #DYOR #PotentialBreakout
DOGEUSDT wait for heavy pump more bull candles are comingAs we said before we are looking for next targets to hit like 0.22$ and 0.26$ and more....
for now we may have short-term correction to the supports mentioned on the chart if and only if the market need that rest and then more pump to next resistances mentioned on the chart.
DISCLAIMER: ((trade based on your own decision))
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Dogecoin Just Barked ,Thanks to Elon & Trump’s crypto magicMusk & Trump: Dogecoin’s New Favorite Hoomans?
In a landscape where cryptocurrency trends often intersect with political drama, both Bitcoin and Dogecoin have seen notable price movements leading up to the US presidential election. Bitcoin has rallied to within 5% of its all time high, while Dogecoin, defying the general altcoin downturn, surged almost 12%. This surge followed Elon Musk’s endorsement and the coin’s growing association with Donald Trump’s campaign.
Dogecoin’s Rise and the Musk Trump Link
Bitcoin’s upward trend is mainly driven by technical factors and larger economic conditions. On the other hand, Dogecoin’s momentum can be traced to its ties with Elon Musk and Donald Trump. After Musk’s appearance at a Trump rally in New York, Dogecoin’s price jumped by 16%, hitting $0.167 and marking the highest percentage gain among the top 100 cryptocurrencies for that day. Musk, known for his strong support of DOGE, proposed a “Department of Government Efficiency”—cleverly abbreviated as D.O.G.E . making the coin a playful symbol for Trump’s campaign goal of reducing government spending.
Musk’s impact on Dogecoin is well-documented, particularly during the 2021 bull market when he frequently mentioned it on Twitter. Recently, he fueled further excitement by tweeting a meme of himself with a DOGE avatar, invigorating Dogecoin’s community. Paul Howard, a senior director at crypto trading firm Wincent, stated, “DOGE is now closely connected to the US presidential race due to Musk’s endorsement and his presence at Trump’s rallies.”
Prediction Markets, Dogecoin & Trump’s Chances
Dogecoin’s rise isn’t happening in isolation. The correlation between Trump’s campaign progress and Dogecoin’s price growth has been magnified by prediction markets favoring Trump’s chances in the election. On Polymarket, blockchain-based odds for Trump’s victory have risen from 61% to nearly 66% in the last week. This Dogecoin-Trump link, strengthened by Musk’s involvement, brings a speculative edge to both the meme coin and Trump’s campaign, both driven by their nontraditional popularity and social media narratives.
As Trump’s odds improve, some believe Dogecoin could keep gaining attention if Musk’s D.O.G.E. proposal picks up support. Although the department idea is only theoretical, it has resonated with both Musk and Trump supporters, injecting a novel and ironic rallying point into the 2024 campaign.
Market Reactions and Future Implications
Dogecoin’s recent rally shows how influential prominent endorsements can be, even amid a sluggish altcoin market. Once considered a “joke currency,” DOGE now has serious investors betting on Musk’s ongoing support to maintain its relevance. While it remains well below its peak of $0.7 in 2021, Dogecoin’s current five-month high and unique position in the political limelight could attract more attention leading up to Election Day.
For Bitcoin, the focus is on its tendency to rally after elections, as new market entrants often surge in during these periods. If BTC’s current “bullish setup” resembles late 2020’s conditions, as Sigel suggests, it may reflect crypto’s changing role during political transitions and heightened speculation.
Overall, the intertwining of political narratives with cryptocurrency prices signals a noticeable market shift. While Bitcoin remains relatively stable, Dogecoin’s speculative value fluctuates with the influence of key figures. Whether gains are driven by Trump, Musk, or broader market forces is uncertain, but one thing is clear: in the unpredictable world of crypto, politics and social popularity have become key factors in shaping market dynamics.
#DOGE $DOGE One more leg up or not?Lets see if we can get the entry.If TP hit before the entry,Trade will be invalid.
A bit risky since it is not at a proper support but its price action seems promising.
Entry: 0.1948
TP: 0.20653
SL: 0.18863
Dogecoin (DOGE) Soars 11 Percent as All Eyes Turn to US ElectionIn the wake of U.S. election uncertainty and volatility surrounding Mt. Gox wallet activity, Dogecoin ( CRYPTOCAP:DOGE ) has emerged as a standout performer, soaring 11.3% over the past 24 hours. While leading cryptocurrency Bitcoin (BTC) slipped below $67,000, CRYPTOCAP:DOGE capitalized on favorable market sentiment and specific bullish catalysts, positioning itself as the biggest gainer in the market.
Election Impact and Speculation
The current market environment is fraught with uncertainty as investors keep a close watch on the high-stakes presidential election. Speculation surrounding a potential Donald Trump victory has introduced a fresh narrative into the crypto world, particularly for Dogecoin ( CRYPTOCAP:DOGE ). Crypto analyst and trader Satoshi Flipper suggests that a Trump win could spark a massive CRYPTOCAP:DOGE rally, possibly pushing the meme coin's price to $1. This projection is partly tied to the involvement of Tesla and SpaceX CEO Elon Musk, a known Dogecoin advocate, whose political and market influence could drive DOGE even higher.
On Polymarket, a leading crypto prediction platform, Donald Trump’s winning rate has climbed, adding a layer of intrigue to the market. Yet, despite this increase, Bitcoin has struggled, erasing recent gains and failing to break through significant resistance levels. DOGE, however, appears to be bucking this trend, benefiting from Musk's continued engagement and growing investor optimism.
Technical Analysis
Dogecoin's technical setup paints a picture of a bullish continuation, supported by a series of positive price actions. After breaking out from a descending channel, CRYPTOCAP:DOGE has been trading in an upward direction, forming a broadening wedge and an ascending triangle pattern. Both of these formations traditionally indicate bullish momentum, suggesting that the rally may have further to run.
Key levels to watch include strong support at $0.16490. If this level holds, the next resistance sits at $0.19432. A successful break above this resistance could propel Dogecoin toward $0.20251, its next upside target. The broader technical landscape remains favorable, with robust on-chain activity and a surge in buying pressure.
Whale Activity and On-Chain Metrics
The fundamentals behind Dogecoin’s rally are equally impressive. According to data from IntoTheBlock, CRYPTOCAP:DOGE has experienced a substantial increase in whale activity. The Whale Netflow metric indicates a net inflow increase from 45.3 million CRYPTOCAP:DOGE to 431.3 million CRYPTOCAP:DOGE , marking a staggering 957% rise. This suggests that large investors—holding over 0.1% of Dogecoin's total supply—are accumulating significant amounts of the meme coin, a strong bullish indicator.
Such whale accumulation patterns are often seen at market lows and typically signal confidence among major holders. The data further reveals that a net addition of 620.84 million CRYPTOCAP:DOGE to wallets owned by key market players underscores the growing belief in DOGE’s upward trajectory. Even though some of these holdings have shifted, net inflows remain positive, reinforcing the strength of the bullish momentum.
Market Sentiment and Trading Volume
Dogecoin's recent rally is backed by high trading volume, with a 24-hour volume of $3.68 billion and a market cap of $25.95 billion, placing it as the eighth-largest cryptocurrency by market capitalization. The steady increase in trading volume and price over the last 24 hours reflects renewed investor interest, fueled in part by macroeconomic events and speculative factors related to the election.
Looking Ahead: Will DOGE Reach New Heights?
As analysts and traders continue to watch Dogecoin’s price action closely, the general sentiment remains optimistic. Should the market dynamics align favorably, particularly with external catalysts like the U.S. elections, DOGE may have the momentum needed to test new resistance levels. The confluence of technical patterns, whale accumulation, and speculative interest provides a solid foundation for a continued rally.
Investors are advised to monitor key support and resistance levels and remain informed about broader market conditions. As the U.S. presidential election draws nearer, the narrative surrounding Dogecoin’s potential continues to captivate both retail and institutional investors.
DOGE - WATCHING FOR BREAKOUTDogecoin Update: Targeting $0.70
some interesting developments in crypto lately. Bitcoin has broken out, which is getting a bit of attention. Have had my TA post targeting 78K range. Coin base’s recent earnings mentioned support from the Trump administration for pro-crypto regulations, potentially paving the way for more adoption and fewer hurdles if he is elected. Not going to get into a political debate with anyone.
With the market shifting, Dogecoin likely looking at a target of $0.70+ soon. Let’s keep an eye on how things progress.
DOGE: A Bullish Rally or Another Trap? What You Need to KnowYello! Could we be on the verge of a major #DOGEUSDT rally? Or is another fake-out looming? Let's dive into the latest analysis of #Dogecoin!
💎#DOGE is currently displaying strong potential for a bullish continuation from a critical support zone at $0.096. We've been tracking #Dogecoin closely as it follows a falling wedge pattern, and it now appears ready to break above the descending resistance line. The next target? Internal resistance at $0.151 — a key level that could set the stage for a bigger move.
💎If #DOGEUSDT holds strong at this critical support, we might witness a significant rally, echoing previous market surges. A breakout above $0.151 could pave the way for an advance toward the next resistance zones, potentially driving the price even higher.
💎But here's the catch... It’s essential to stay cautious. If momentum weakens at this support, we could see a pullback to the lower support area around $0.080-$0.087.
💎Keep a close eye on CRYPTOCAP:DOGE ’s price action! A daily close below this demand area could invalidate the bullish scenario and trigger further declines.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Doge long chartDoge long chart.
The diagonal line is the bullish trend. Each one of the two targets can reject the price to lower values.
When the diagonal line is broken the bullish trend is broken and most of the times the price will go down.
DOGEUSDT heavy pump ahead and all short-term targets hitWe were looking for this pump and all targets hit:
now we are looking for even more pump long-term to the targets like 0.22$ and 0.32$.
DISCLAIMER: ((trade based on your own decision))
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DOGEUSDTIs DOGEUSDT preparing for something big ?
Doge is forming long term Cup and handle pattern and it is looking like bulls are getting ready for some massive bullish rally.
Dogecoin: Elon Musk Wins Lawsuit Over PAC’s $1M Voter GiveawayIn a turn of events that's stirring both the political and crypto worlds, Elon Musk has scored a legal victory amid mounting controversies over his $1 million voter giveaway initiative. This comes as the U.S. election looms, with Musk's Political Action Committee (PAC), America PAC, under scrutiny for potentially swaying voters through financial incentives. While Philadelphia District Attorney Larry Krasner's efforts to halt the campaign have faced judicial setbacks, Musk's influence continues to ripple through the markets, notably impacting CRYPTOCAP:DOGE , a cryptocurrency closely associated with the Tesla CEO.
Legal Rulings and Election Implications
As of October 31st, Pennsylvania state judge Angelo Foglietta has allowed Musk's giveaway to proceed, pending further federal review. Krasner argues the PAC’s financial incentives could unduly influence the election process, citing the giveaway as potentially illegal under state consumer protection laws. However, Musk's defense frames the case as one raising federal questions around free speech and voter engagement, maintaining that the initiative falls within legal bounds as it targets voters in seven key swing states, including Pennsylvania, Arizona, and Michigan.
Federal prosecutors have issued warnings over the initiative, suggesting it may conflict with laws against compensating voters. Critics further question the transparency of Musk’s campaign, particularly concerning how recipients are chosen and how collected data is managed. Compounding the scrutiny, Musk has voiced support for Donald Trump and allocated substantial PAC funds to mobilize Trump’s base, with reports indicating over $120 million spent on outreach campaigns and social media efforts.
Musk’s Influence and CRYPTOCAP:DOGE Price Action
With Musk's prominent role as a driver of Dogecoin’s market value, his involvement in U.S. political controversies is also affecting CRYPTOCAP:DOGE ’s price action. The announcement and ongoing legal proceedings initially sparked volatility, as traders awaited clarity on Musk’s standing and broader market sentiment. Currently, CRYPTOCAP:DOGE is down 2.83%, yet technical indicators suggest that Musk's legal stance and the upcoming election could renew upward momentum if positive news emerges.
Despite recent downward pressure, CRYPTOCAP:DOGE ’s Relative Strength Index (RSI) holds at 63, signaling resilience within a still-active bullish trend. Moreover, the cryptocurrency’s price pattern showcases a symmetrical triangle, a technical structure typically indicative of a possible breakout. With the 63 RSI level implying remaining buyer interest, CRYPTOCAP:DOGE could shift positively if Musk’s influence within the crypto space is reinforced by the PAC’s successful performance or favorable election outcomes.
Analyzing CRYPTOCAP:DOGE ’s Technical Setup
As CRYPTOCAP:DOGE trades within a bullish symmetrical triangle, there are signs of an impending price move. Key support levels include $0.15, while resistance at the upper triangle boundary may test CRYPTOCAP:DOGE 's rally strength. If Musk’s influence reignites bullish sentiment in CRYPTOCAP:DOGE , the breakout from this pattern could result in substantial gains for holders. As the election and PAC developments unfold, Musk’s advocacy for CRYPTOCAP:DOGE , coupled with his high-profile election activities, are set to keep CRYPTOCAP:DOGE traders closely watching.
The Bottom Line
With Elon Musk entangled in election-related legal proceedings and Musk’s America PAC controversy looming large, the impact on CRYPTOCAP:DOGE remains a focal point for traders and enthusiasts alike. For those tracking CRYPTOCAP:DOGE , the correlation between Musk’s actions and the crypto’s price movement underscores his ongoing influence. As the election nears and the legal landscape shifts, Musk’s success in court may very well align with CRYPTOCAP:DOGE ’s next breakout, potentially providing significant opportunities for the coin’s traders.
DOGE (flag pattern ?)DOGE / USDT
Price is pumped nicely since my last DOGE analysis (see attachment below)
DOGE also is one of few that shows strength in current market price action
On LTF we can see potential flag plattern
As long as it holds above it new bullish wave is expected
Keep an eye …
DOGEUSDT.P / SHORT / M15DOGEUSDT.P may fall from the Bearish Order Block
Bearish Order Block: 0.15020 and 0.14883
DOGEUSDT.P may decline from the bearish order block. There is a high probability that our trade will end in profit, so I recommend opening a position as soon as possible. Let’s see how the price reacts!
DOGEUSDT.P / SHORT / M15
LEVERAGE :- 50X
Entry Price :- 0.14718
Take Profit :- 0.14347
Stop Loss :- 0.15086
DOGE LONGWe looking for LONG DOGE position due to its trend of elon & trump D.O.G.E
EN: 0.16907
SL: 0.16114 (5%)
TP1: 0.185 ~ 2R
TP2: 0.19291 ~ 3R
TP3: 0.20873 ~ 5R
TP4: 0.21678 ~ 6R
DYOR
Understanding the Dogecoin Hype: What Sets It Apart from BitcoinWhile Bitcoin, the cryptocurrency titan, Dogecoin, the meme coin birthed from a joke, has defied expectations and surged upwards. This unexpected surge has piqued the interest of investors and crypto enthusiasts alike, prompting the question: Why is Dogecoin rising while Bitcoin is falling?
The Elon Musk Factor
One of the primary drivers of Dogecoin's price surge is the unwavering support of tech billionaire Elon Musk. Known for his penchant for cryptocurrencies and his playful tweets, Musk has repeatedly endorsed Dogecoin, often referring to it as his "favorite cryptocurrency." His influence over social media and his massive following have propelled Dogecoin to new heights, attracting a dedicated community of "Dogecoin Army" supporters.
The Meme Coin Phenomenon
Dogecoin's rise can also be attributed to the broader meme coin phenomenon. Meme coins, often born from internet memes and viral trends, have gained significant traction in recent years. These coins, including Shiba Inu and Pepe Coin, have capitalized on social media buzz and community-driven enthusiasm. Dogecoin, as the original meme coin, continues to benefit from this trend.
Diversification and Risk Appetite
As Bitcoin's price fluctuates, investors may seek diversification within the cryptocurrency market. Dogecoin, with its relatively low price and high volatility, can be an attractive option for those looking to speculate and potentially earn significant returns. Additionally, as the broader cryptocurrency market matures, investors are becoming more comfortable with risk, leading to increased interest in meme coins like Dogecoin.
The Role of Exchanges and Trading Platforms
Cryptocurrency exchanges and trading platforms have played a crucial role in popularizing Dogecoin. By listing Dogecoin and providing trading pairs with major cryptocurrencies, these platforms have made it easier for investors to buy, sell, and trade the coin. The increased liquidity and accessibility have contributed to Dogecoin's price surge.
The Future of Dogecoin
While Dogecoin's future remains uncertain, its recent price surge highlights the unpredictable nature of the cryptocurrency market. The coin's success is largely driven by social media sentiment, Elon Musk's endorsements, and the broader meme coin phenomenon. As long as these factors remain positive, Dogecoin could continue to defy expectations and achieve new heights.
However, it's important to note that investing in cryptocurrencies, including Dogecoin, is highly speculative and carries significant risks. Investors should conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
In conclusion, Dogecoin's rise amidst Bitcoin's fall can be attributed to a combination of factors, including Elon Musk's support, the meme coin phenomenon, diversification, and increased liquidity. While the future of Dogecoin remains uncertain, its recent performance has demonstrated the power of community and social media in shaping the cryptocurrency market.
$Doge 3D;CRYPTOCAP:DOGE 3D;
After the red downtrend breakout, we see that the confirmation for the uptrend with MSS has also been received. Then, with the support from the IMB zone, we can expect the rise to continue up to $0.2144.
With closes above this level, the next target will be $0.34.
It is normal to experience pullbacks after each target. These levels can be considered as profit sales and declines as re-entry zones.
#doge #elonmusk
