DOGE ON A PAUSE, 4H BEARISH LOOKCRYPTOCAP:DOGE had a good run, I had high hopes for $0.70. I am in huge profit, but I had to re-evaluate my position fast. And i thought I need to put this out there. Plus what i saw on my chart can be kept to myself alone.
It's a Bearish Rising Wedge - a clear bearish pattern.
While last ATH of CRYPTOCAP:DOGE is still on the table, i fear it must pull back before that comes, as seen on the chart. I have taken profits, I will re-enter when BTC is done with the temporary pullback currently ongoing.
Here are key tips to note :
1. 200EMA will be tested
2. 9% drop in the last 24-hour
3. Support $.4282 (hopefully it holds, if it breaks, $.30 isn't impossible)
4. F & G index at 78 (extreme greed)
5. Longs positions are more than the Shorts (encouraging)
6. The RSI is been overbought for a while now, short correction needed.
Like and follow. Comment if you disagree.
DOGEUSDT.P trade ideas
dogecoin idea"๐ Welcome to Golden Candle! ๐
We're a team of ๐ passionate traders ๐ who love sharing our ๐ technical analysis insights ๐ with the TradingView community. ๐
Our goal is to provide ๐ก valuable perspectives ๐ก on market trends and patterns, but ๐ซ please note that our analyses are not intended as buy or sell recommendations. ๐ซ
Instead, they reflect our own ๐ญ personal attitudes and thoughts. ๐ญ
Follow along and ๐ learn ๐ from our analyses! ๐๐ก"
#DOGE/USDT Ready to go higher#DOGE
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.4320
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.4320
First target 0.4466
Second target 0.4651
Third target 0.4839
Trading opportunity for DOGEUSDTBased on technical factors there is a Buy position in :
๐ DOGEUSDT
๐ต Buy Now
๐ชซStop loss 0.39000
๐Target 1 0.54000
๐Target 2 0.74000
๐Target 3 0.99000
๐ธRISK : 1%
We hope it is profitable for you โค๏ธ
Please support our activity with your likes๐ and comments๐
Doge โ the power of upward movement is so stronghello guys.
I believe doge will continue to upward movement as far as it can!
Now, it is forming an ascending channel at the end of a sharp movement! now formed two peaks and the next one is coming!
there are two scenarios here:
1- Starts an increase from here!
2- First, it will touch the bottom line and then prepare for an upward movement!
DOGE to ATH ($0.74) - 35% within Hours to Days!Our first altcoin season of this crypto cycle is currently underway and BINANCE:DOGEUSDT is profitting from it. After rising over 200% within days DOGE is at the end of its consolidation period and nearing a potential breakout which could pump the coin to it's all-time high at around $0.74. Based on the ascending triangle setup we should at least get 35% within the next hours to days.
Current support zones:
$0.42
$0.40
Iโd love to hear your thoughts and predictions. Where do you see XRP heading in the next hours to days? Letโs discuss below!
Prepare to fly with DOGE!Dogecoin is forming a rounded bottom. This means that if this pattern completes, the price of Dogecoin can rise above one dollar. Let's not forget that Dogecoin is the first meme coin supported by Elon Musk.
Give me some energy !!
โจWe spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.๐
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
โ
Thank you, and for more ideas, hit โค๏ธLikeโค๏ธ and ๐Follow๐!
โ ๏ธThings can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DOGE โ Consolidation ahead of rally to ATH $0.7400BINANCE:DOGEUSDT is taking advantage of the hype moment and is consolidating after a strong rally. The trigger for rally continuation is the area of 0.45 - 0.46. The coin has all chances to reach ATH
Despite bitcoin speculation, a 10% drop in bitcoin, the main reason for which is profit-taking, doge continues to consolidate and does not react to the market noise. The big player interested continues to buy in the hope of continued growth. Technically, an ascending triangle is forming on the 4-hour chart and consolidation above MA-50, which indicates a rather strong interest from the buyer
Resistance levels: 0.45, 0.463, 0.48
Support levels: 0.422, 0.400
Since the price is still inside the pattern, I don't exclude the possibility of retesting MA-50 or one of the key supports before further growth. But the break of the key resistance will be the reason for further rally towards ATH
Rate, share your opinion and questions, let's discuss what's going on with โ
BINANCE:DOGEUSDT ;)
Regards R. Linda!
DOGEUSDT Technical Analysis and Long Setup 08/12/2024๐ DOGEUSDT Technical Analysis and Scalping Long Setup ๐ข๐
Hey team! Hereโs the latest analysis for DOGEUSDT:
We are seeing a triangle breakout forming on the 1-hour chart, and DOGE is very close to breaking through a key rectangle pattern! This sets up a fantastic opportunity for scalping long positions.
๐ Scalping Long Setup:
โ
Entry Levels:
- 0.46
- 0.43
- 0.40
โ
Targets:
- 0.505
- 0.54
- 0.58
- 0.62
- 0.66
๐ด Stop-Loss:
- 0.35839 (Make sure to manage your risk carefully!)
---
๐ Strategy:
1. Look for one of the entry levels to get filled.
2. Monitor price action closely as it approaches the target levels.
3. Adjust your stop-loss to secure profits as the price moves in your favor.
Stay vigilant and happy trading! Letโs maximize our gains! ๐ฐโจ
*Please remember to do your own research and trade responsibly.*
#DOGEUSDT #CryptoAnalysis #TradingSignals #SRFXGlobal
DOGEUSDT.4HThe 4-hour chart of DOGE/USDT displays a consolidating pattern within an ascending channel, indicating potential breakout points. This analysis will cover key technical aspects such as resistance and support levels, alongside insights from technical indicators.
Price Action and Structure:
DOGE/USDT has been trading within an ascending channel, indicating a positive trend. The price is currently near $0.45608, with the coin testing the channel's upper boundary and approaching a significant resistance at $0.46763 (R1).
Resistance and Support Levels:
Resistance Levels: Immediate resistance is at $0.46763 (R1). If DOGE can sustain a breakout above this level, it may target the next resistance at $0.48673 (R2), which aligns with historical resistance and the upper boundary of the trading channel.
Support Levels: The primary support is observed at $0.40600 (S1), which aligns with the lower boundary of the ascending channel. This level serves as a crucial marker for bullish sentiment maintenance.
Moving Averages:
The price is currently above the dynamic support line indicated by the channel's lower boundary, suggesting bullish sentiment. Maintaining above this line is crucial for sustaining the upward momentum.
Technical Indicators:
MACD: The Moving Average Convergence Divergence (MACD) shows a positive divergence with the signal line above the MACD line, indicating bullish momentum. The histogram supports this, suggesting increased buying activity.
RSI: The Relative Strength Index (RSI) is near 70, approaching overbought territory. This indicates strong buying pressure but also signals caution as the asset may soon face selling pressure from profit-taking.
Conclusion:
DOGE/USDT is in a strong bullish phase, testing key resistance at $0.46763 (R1). A breakout above this level could see the price move towards $0.48673 (R2). Traders should monitor these levels for potential breakout or rejection signals. The support at $0.40600 (S1) is vital for maintaining the current bullish trend. Given the RSI's approach to overbought levels, traders should be cautious of potential reversals and prepare for volatility. This situation offers a strategic point for traders to assess entry and exit points based on the breakout direction and reaction at these critical levels.
Now DOGE gets a Lift-Off!!As shown in the previous chart, Doge, both went shorts and longs, and now the time has come for doge to fly off. Doge is on a tight channel on 12hr chart and needs little flush down to buy,Buys at cmp with slowly increasing postiion till 0.37 and aiaming for 0.6 in near terms!