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DOGEUSDT trade ideas

DOGE/USDT Weekly Chart Analysis DOGE/USDT Weekly Chart Analysis The price is currently close to 0.236 (0.38625), showing resistance. A break below this level could lead to a retracement towards the 0.618 support (0.22239). Price rejection at the top of 0.48748 indicates exhaustion after a strong uptrend. The red arrow highlights a potential pullback to the green support area near 0.22–0.27. The upward movement broke a key descending trendline, confirming a bullish reversal. However, support could come from a retest of the trendline and 21 EMA (black line) around 0.22. Short Entry: Confirmed below 0.38. Target: 0.27–0.22 area (key Fibonacci support). Stop Loss: Above 0.42 resistance. Long-Term Bullish Zone: Re-entry for longs around 0.618 Fibonacci (0.22) if support holds. Conclusion: DOGE/USDT is at risk of retracement to the Fibonacci Golden Pocket (0.618 area) after an overly extended rally. Look for confirmation of a breakdown below 0.38 and retest opportunities near 0.22 for a bullish setup. DYOR, NFA @Peter_CSAdmin
by CryptoSanders9563
2
DOGE/USDT Analysis - Potential Short SetupDOGE/USDT Analysis - Potential Short Setup 1. Current Price Action: The price is hovering around 0.402. A key rising trendline has been broken, signaling a potential bearish reversal. 2. Support and Resistance: - Resistance: 0.418 → 0.438 - Support: 0.402 → 0.384 3. EMA200 (4H): The price is sitting just above the EMA200. A break below this level would confirm further downside potential. 4. Supertrend: The Supertrend indicator is bearish, aligning with the downward momentum. Trade Setup: - Short trigger: If the price breaks below 0.402 with confirmation (strong volume). - Stop-loss: 0.418 (resistance area). - Take-profit: First target at 0.384, with potential continuation lower. Key Notes: - Watch for volume confirmation on the break of 0.402. - EMA200 is critical: a break below it would strengthen the bearish bias. - If bulls reclaim 0.418, this setup becomes invalid, and a move toward 0.438 may follow. Trade safe and manage risk carefully! 🚨
Short
by Jixsetups
2
DOGE / USDT : Poised for a breakout Doge/USDT: Poised for a Potential Breakout Doge/USDT is gearing up for a potential bullish move as it approaches a key resistance level. The coin has been consolidating recently, setting the stage for a potential breakout. If the price can successfully break above this resistance, we could see a significant upward trend. Key Insights: * Resistance Level: Doge/USDT is currently facing a significant resistance level that has previously halted its upward momentum. A decisive break above this level could signal a bullish trend. * Volume: Increased trading volume during the breakout can confirm strong buying interest and potential price acceleration. * Technical Indicators: Positive momentum indicators like RSI and MACD can provide additional support for a bullish outlook. Confirmation Signals: * Clear Break Above Resistance: A decisive close above the resistance level on a higher timeframe (e.g., 4-hour or daily) is crucial. * Increased Volume: A surge in trading volume during the breakout can validate strong buying pressure. * Retest of Broken Resistance: A retest of the broken resistance level as support can further solidify the bullish trend. Risk Management: * Stop-Loss Orders: Implement stop-loss orders to limit potential losses. * Position Sizing: Carefully manage position size to align with your risk tolerance. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.
Long
by Crypto-By-Ghazi
1
$DOGE - Bullish Continuation - Target 0.8$Looking at the DOGEUSDT Perpetual Contract 4-hour chart, we're seeing a remarkable parabolic uptrend that began in mid-October and accelerated significantly in November. The price action shows three distinct phases: First, there was a period of accumulation from August through September, where DOGE traded sideways around $0.10. Then, starting in October, we saw the beginning of a gentle uptrend with higher lows and higher highs. Finally, in early November, the price action turned parabolic, surging from around $0.20 to peaks above $0.45. What's particularly interesting is the current consolidation pattern forming near the highs. After reaching the peak, instead of a sharp reversal that often follows parabolic moves, DOGE has formed what appears to be a bull flag pattern between approximately $0.40 and $0.47. This type of consolidation after a strong upward move typically suggests the potential for continuation rather than reversal. However, there are a few important considerations to keep in mind. The angle of the ascent was quite steep, which historically can lead to sharp corrections when parabolic trends eventually break. The current consolidation could be either a pause before another leg higher or distribution before a larger correction. For traders looking at this chart, key levels to watch would be: - Support: The $0.40 level, which has acted as a floor during recent consolidation - Resistance: The recent high around $0.47 - Critical Support: The previous resistance turned support around $0.35
Long
by Achilly
DOGE/USDT Analysis$DOGE/USDT Analysis #DOGE Dogecoin is consolidating within a symmetrical pattern, suggesting a breakout could be imminent. The strong support zone at $0.38404 provides a solid base for a potential upward move toward higher levels. $0.38404, critical for maintaining bullish momentum. Target: $0.70504, representing a significant upside potential. Entry Point: Long positions can be considered near the $0.38404 support level or upon a confirmed breakout above the consolidation pattern. Stop Loss: Below $0.30691 to minimize downside risk.
Long
by Crypto_DUMP
doge usdt long!"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
by Golden_candle
DOGE might be setting up for the upswingAfter the false breakout of the massive consolidation area, DOGE is trying to bounce back of the bottom of the range and develop another leg up. Memecoin narratives remain to stay strong in the crypto marketplace, and DOGE is the leading cryptocurrency in the group, which is also driven by the political narrative. I consider long momentum trade in case of a breakout of a coil (small trading range), building on 30-minute chart. Don't forget - always DYOR and manage your risk at all times!
Long
by Stanislav_Bernukhov_Exness