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DOGEUSDT trade ideas

Dogecoin - Going upbut only for a little while. Do not believe this is another January 2021 moment, there's good reason for that. For other tokens, yes. For Dogecoin, a rally into a continuing Macro Downtrend. On the above 3-day chart price action has corrected 90%. An excellent long opportunity now exists. Why? 1) Price action and RSI resistance breakouts. 2) Price action prints a triple bottom on past resistance. 3) Some other reasons but will not say here. Is it possible price action falls further? Sure. Is it probable? No. Ww Type: trade Risk: <= 6% Timeframe: Act now Return: Will say else where
Long
by without_worries
48
DOGEUSDT Short Trade IdeaI'm tempted to take this trade here. Looking for DOGE to retest the previous highs from the top. It's risky, but I like the risk/reward here. At this point, BTC seems to me struggling for a direction due to low volume, so I'm betting on a downward move over the weekend. Just going with what my gut says. Depending on how the price moves, I'm planning to trim early if needed. Entry: 0.12215 SL: 0.12905 TP1: 0.11108 TP2: 0.09989 TP3: 0.09275 Good luck and Happy trading!
Short
by MoneyChartz
5
DOGE PARABOLIC?? First, watch for these TWO CONDITIONS Dogecoin has been one of my top altcoins to watch for 2024, and it's likely going to be a key player in the parabolic runs during the next impulse wave UP. If you've been following for a while, you'll know I've been anticipating impulse wave 4-5 around December ( according to Elliot Wave Theory). Across many altcoin charts, we see very clear bottoms as the prices are making their way to the fist major resistance zones. We see it HERE, on Avax: HERE on FETCH: And even on ADA, Here: ______________________________ BINANCE:DOGEUSDT
Long
by CryptoCheck-
2
Alikze »» DOGE | channelized bullish wave 3 scenario🔍 Technical analysis: channelized bullish wave 3 scenario - Following the analysis of the previous post , Dogecoin managed to experience growth in a downward channel until the ceiling of channel one, after which it entered a short-term correction. - Currently, it has left the descending channel and is moving in a short-term ascending channel. - Now it is at the ceiling of the ascending channel, it can meet the demand with the pullback to the broken structure and the middle range of the ascending channel and continue its growth until the supply area. - According to the current momentum, the rising wave can grow as much as the previous wave or up to 1.618 supply range. 💎 In addition, if the green box is broken, this correction can continue until the origin of the movement and the range of 100 fibo. »»»«««»»»«««»»»««« 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. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:DOGEUSDT
Long
by alikze
DOGE → Another manipulation or growth? What to expect next?BINANCE:DOGEUSDT in the distribution phase is aiming for a strong resistance at 0.11546. The global and local trend is bearish and there are no hints of breaking it yet. A contrend rally is forming.... On H4, the sideways range plays a relevant role. The last time we tested 0.11546 at the moment of its formation - exactly 1 month ago. There is no potential for breaking the level and further growth on the background of such a strong movement. The most probable scenario in this case is a rebound or a false breakdown, which may lead to a correction. BUT! The structure may be broken if there is no pullback or the coin will start to form consolidation near 0.11546 with further signs of resistance retest and readiness to go higher.... Resistance levels: 0.11546 Support levels: 0.11099, 0.107, 0.103 DOGE does not enjoy any strong interest from traders due to the high level of manipulation by big players. At the moment, on the background of the global bearish trend it is worth looking for strong resistance levels with the purpose of catching bounces Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:DOGEUSDT ;) Regards R. Linda!
Short
by RLinda
9
DOGE ANALYSIS🔮 #DOGE Analysis - Breakout 🚀🚀 💲💲 There is a breakout of Falling Wedge Pattern in #DOGE. It's a daily time frame breakout and if the price sustains this breakout then we would see a bullish price movement📈 💸Current Price -- $0.11640 📈Target Price   --  $0.17400 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #DOGE  #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
1
DOGE Surge: Genuine Rally or Market Hype? DOGEUSDT is currently in a distribution phase, targeting a key resistance level at 0.11546. Both the global and local trends remain bearish, with no clear signs of a breakout just yet. However, a countertrend rally is beginning to take shape. On the 4-hour chart, a sideways range is dominating the scene. The last time this 0.11546 resistance was tested was exactly one month ago during its formation. Given the strength of the current bearish momentum, the likelihood of breaking above this level appears low. A more probable scenario would be a rebound or a false breakout, leading to a potential correction. However, this outlook could shift if there is no pullback or if DOGE consolidates near 0.11546, showing signs of a retest and a readiness to push higher. Key resistance sits at 0.11546, with support levels at 0.11099, 0.107, and 0.103. Despite its current positioning, DOGE lacks significant trader interest due to frequent manipulations by large market players. In light of the broader bearish trend, it's advisable to watch for strong resistance levels as potential bounce opportunities rather than expecting sustained upward movement. Traders, if you found this idea helpful or have your own insights to share, feel free to drop a comment. I’d love to hear your thoughts!
Short
by lonelyPlayer0
Dogecoin (DOGE): correction ahead?Dogecoin (DOGE) has recorded a spike in whale activities in the past 24 hours. Its large transactions surged by 63%, with whales moving 65.41 billion DOGE. This huge holding by the biggest players in the market represents 41% of Dogecoin’s total supply. The aforementioned surging whale activity suggests that large investors are taking positions, which may be accompanied by increased market volatility. A spike in whale transactions tends to precede potential significant price movements. When whales make such big moves on DOGE, the market usually follows through with their moves. This could, therefore, be an indicator that a big price move might be on the cards. Dogecoin social volume has been on an upward trajectory for the last three days. Social volume helps in the identification of some market sentiment. Historically, higher volumes of conversations result in new investor interest that puts up demand. Despite these encouraging signs, the stochastic RSI has just recorded a bearish crossover. This suggests that the market might face a small correction before any upward momentum could resume. Although Dogecoin has been flirting with a bullish breakout, this crossover suggests pulling back slightly before making its next move. Whale activity is high, and so is social interest. But the bearish stochastic RSI crossover is just a reminder that prior to any major price movement, short-term corrections are bound to occur. For now, holding firm and waiting for better signals might be the best approach.
Long
by paul_endeo
DOGEUSDT remains above Key Level of 0.10DOGEUSDT has successfully broken and closed above the key psychological level of 0.1000. Currently, the price action is consolidating, with the market bouncing off this important level, suggesting a strong support zone. The recent false breakout below the psychological level likely helped the market gather liquidity, which could fuel further upward movement. Since early August, the market has been in a consolidation phase, and there is an expectation that the price will attempt to move toward the top of the range by breaking through the downward channel. The target is the resistance zone around 0.10800
Long
by RTED_Investing
3