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Dogecoin / TetherUS PERPETUAL CONTRACT

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DOGEUSDT.P trade ideas

Dogecoin Now Payment Method in Tesla Inc., DOGE Price Rally 20%Elon Musk, the CEO of Tesla, has reportedly added Dogecoin ( CRYPTOCAP:DOGE ) as a payment method for some Tesla products, leading to a 20% increase in the CRYPTOCAP:DOGE price. The move follows a month-long hindrance by Musk about accepting Dogecoin as an official form of payment for Tesla vehicles. Traders immediately responded to the news, with the DOGE price skyrocketing over 20% in the last 24 hours, with the price changing hands at $0.16. Tesla products can only be purchased through a Dogecoin wallet, and all eligible Tesla products will be clearly priced in Dogecoin. However, there are terms when making Dogecoin payments, including not accepting payments from multiple wallets for a single order, unable to cancel an order once placed, and not applicable returns for items purchased with Dogecoin. Meanwhile, Tesla has not confirmed whether Dogecoin is an acceptable payment for Tesla cars. In March, Musk hyped up the meme coin at the Tesla Gigafactory near Berlin, Germany, and said he thinks the company should enable it at some point. The CRYPTOCAP:DOGE price has risen more than 20% in the past 24 hours, currently trading at $0.16. The 24-hour low and high are $0.137 and $0.161, respectively. Trading volume has surged over 90% in the last 24 hours, indicating massive interest among traders. Total Dogecoin futures open interest has increased by 26% over 24 hours and a more than 9% jump in open interest in the past 4 hours, indicating massive buying from futures traders.
Long
by DEXWireNews
1
DOGEUSDT.1DThe daily chart for Dogecoin (DOGE/USDT) showcases a situation where the cryptocurrency is attempting to stabilize after experiencing fluctuations. The current price is $0.15016, with marked resistance (R1) at $0.17396 and a higher resistance (R2) at $0.21158, which align with previous highs where the price faced significant selling pressure. The support level (S1) is identified at $0.12157, which if breached, might signal a continuation of the bearish trend. This chart shows that Dogecoin has been struggling to maintain upward momentum as it has failed to break above R1 consistently. The RSI is near the neutral zone at 47.64, indicating a lack of strong momentum in either direction. This could suggest a consolidation phase or indecision among traders about the next directional move. The MACD is slightly below the signal line, which hints at bearish momentum, but the proximity to the line suggests that the bearish sentiment is not overwhelmingly strong. For traders: Watching for a decisive break above R1 could suggest potential bullish momentum, possibly leading up to R2. Conversely, a drop below S1 could indicate a bearish trend continuation, which might prompt traders to consider short positions or exit long positions. Given the current indicators, it might be wise to look for confirmation through other tools such as volume analysis or candlestick patterns to corroborate the potential breakout or breakdown before making significant trading decisions.
Long
by MarsSignals
Lingrid | DOGEUSDT monthly DEMAND zoneBINANCE:DOGEUSDT reached the demand zone at 0.120. The market bounced off the support level and made a new high in March. The price has returned to this area. If the price stays above the key support at 0.12, most likely there is buying pressure. From the high price, the market made a -47% correction, which might be a good zone to consider buying. If it breaks and closes above 0.13, there is a high chance the market will retest the upward trendline and channel border. My goal is resistance at 0.15 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
3
Alikze »» DOGE | Wave 3 of 3 big bullsIn the weekly time after a three-wave correction in the range of the green supported box. Currently, it has a three-wave upward movement that has completed a complex combination correction in the form of wave 2 and is currently in wave 3 of 3, wave C or 3 big. Therefore, I expect it to touch the specified targets on the chart after the supply zone is broken according to its strength. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
7
DOGE: Up or Down - A big move is coming!The price is at the apex of the symmetrical, and a more significant move is expected! If you're looking to trade DOGE at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.175$ and take profits at the levels shown in the chart. Targets: 1. 0.182$ 2. 0.19$ 3. 0.2$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
8