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DOGEUSDT trade ideas

#DOGE printing beautiful DOJI ready for 10x this season?DOGE has been trading within this channel since February 2021, over 1,127 days, until it broke out with a massive candle in February 2024. Since then, it has been retesting the breakout. Here’s why I believe DOGE can 10x to nearly a dollar: 1. Breakout above the long-term accumulation channel, currently being retested. 2. Printing a strong weekly Doji, signalling significant buying pressure from the bulls. 3. Elon Musk is likely to shill it after the presidential election this year. 4. Trading above the 200EMA and battling to stay above the 100EMA. 5. RSI below 45 indicates plenty of room for growth. 6. MEME coins have been outperforming solid projects this season, and I believe DOGE will lead the charge in this bull run. 7. Multiple indicators are suggesting a bullish move is on the horizon. My strategy is holding on spot for the next 6 months and be ready to accumulate on any dips. This is not financial advice, so please do your own research. **Trigger Point**: Closing above $0.11 (grey liquidity area) on the weekly chart. Do you think DOGE can 10x from here, or is it just wishful thinking? Share your thoughts in the comments, and don't forget to hit that like button if you found this helpful. Thank you! #PEACE
Long
by Cryptorphic
5
#DOGE/USDT#DOGE The price is moving within a descending channel pattern on the 4-hour frame and is expected to break upwards after it has adhered to it significantly We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it We have a major support level in green at a price of 0.0800 We have a trend to stabilize above the moving average 100, which supports the rise Entry price 0.09680 First target 0.1050 Second target 0.1180 Third target 0.1338
Long
by CryptoAnalystSignal
1
Alikze »» Doge | Bullish Flag🔍 Technical analysis: Horizontal Flag - According to the presented analysis , after growing up to the supply zone and not failing, the zone faced correction. - Currently, it is moving in a descending channel at the time of 8H. - In the recent correction, after creating demand in the bottom area of ​​the channel, it is moving sideways in the middle of the channel. - A bullish sideways flag pattern is now formed. - According to the volumes created in the middle of the channel, it can continue its growth up to the ceiling of the descending channel. 💎 Alternative scenario : In addition, if the Fibo 100 zone breaks again, it can continue the correction until the origin of the movement. »»»«««»»»«««»»»««« 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
DOGEUSDT ( STABILIZING BELOW TURNING LEVEL ) ( 4H )DOGEUSDT HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 0.102 . TURNING LEVEL : the price of this level at 0.102 , so until the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE ZONE : this zone between 0.115 and 0.128 , in order to see this zone the price need breaking turning level at 0.102 , breaking this price indicates an increase and reaching the resistance level (1) at 0.115 , then stabilizing above resistance level (1) likely to reach of a resistance level (2) at 0.128 , after breaking this zone it will be attempt to reach resistance level (3) at 0.141 , selling have already increase in this zone . SUPPORT ZONE : this zone between 0.091 & 0.080 , until the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 0.091 , by open 4h or 1h candle below support level (1) , it indicates to reaching support level (2) around 0.080 CORRECTIVE : the price corrective at 0.102, before dropping . TARGET LEVEL : RESISTANCE LEVEL : 0.56 , 0.61 , 0.65 . SUPPORT LEVEL : 0.44 , 0.39 .
Short
by ArinaKarayi
2
Dogecoin Pre-2025 Bull-Market Accumulation Zone & Strategy👉 Dogecoin can reach as high as $2.55 in 2025. The new All-Time High range sits between $1.85 - $2.55; do the maths, that's almost 26X. Even if we "only" get 10X that would be great... Now, my dear readers, supporters, followers, reporters, fans and traders, I shall entertain you once more with a few lines today. ➖ We are preparing for a massive bull-market. ➖ We are preparing for financial growth. ➖ We know the mistakes of the past, we learned a lot from those. The sure way to win is by applying the wisdom that we gained from past mistakes. In the past we were inexperienced, today we are ready and open for success. The Problem With The Stop-Loss Why no stop-loss? No margin, no leverage; no risk. Say you go to your favorite exchange and buy a token for 100. (We are going to use round numbers to make this example easy to understand.) As soon as you buy, based on "common knowledge" and very bad advice, you set up a "stop-loss order," which is simply a sell order, say at 80. What is going on here? You just bought a token at 100. By setting a sell order at 80, for example; 20% below your entry price, you are telling everybody that you are willing to sell the token that you bought at 100 at 80. You are willing to take a 20% loss and you are fully committed to this endeavour because you set a limit-order saying so. The pair can look good. The pair is rising and ready to go up. Thousands of people pile up to buy and do the same thing. They buy but instead of setting a sell order at 150, 200 or 300, they set it up at 80 in order to "stop any potential losses if prices drop." This is a huge mistake. What happens is that the trading bots, owned by the exchanges, as soon as they register the buying pressure and the limit-orders, go into selling mode. The people programming these algorithms would say, "Hey, we are not going to leave all this money behind. First we sell to those willing to buy at a lower price and then we buy again and push prices up." As soon as you buy, maybe just a few hours later or maximum just a few days, you can see the growth momentum dying out and reversal starts to happen. Suddenly, a crash and prices hit 79. Low enough to fill all the sell orders. Now everybody who bought at 100, 105 and 110 ended up selling at a 20-30% loss. This only happens because of the stop-loss. You can use a stop-loss, absolutely, but you can never put this on the exchange or the computer. It needs to be a note somewhere but this information cannot be given to the exchanges and whales as they cannot contain themselves and will move the market against you. Continuing with the earlier example, once the stop-loss orders are activated there is an immediate jump from 80 to 90 and then back to 100 within minutes, or maximum a few hours. Now you know it is going up for sure but you doubt since you already sold at 80 at a loss... Do you get my point? The new strategy, the way to trick the bots or in the least to protect yourself and others; If you buy at 100 you immediately place a limit sell order at 300, 500 and 800 even if you don't intend to wait for those prices. This will confuse the bots and if I a human is called to check the situation he won't know what is going on. The bottom line is that there will be no reason for the exchanges to sell because there are no willing buyers at a loss. Buy low to sell high, that's the goal. We do not use stop-loss for spot trading for this and other reasons. 👉 Since we know the market and have great timing; since we know we are entering the accumulation phase; the one and only goal is to buy now, throughout the rest of 2024, with the intention to sell in 2025 when the chart and market clearly shows that the bullish wave is reaching its end. ➖ There is no need to try and get the top. ➖ There is no need to be greedy. ➖ There is no need to rush. We take any and all profits gracefully, we thank the Universe for the successful trade and move on. If it keeps on growing good. Opportunities are endless and it is better to have a sure win than a small loss. The Strategy | Trading Cryptocurrency With Alan Santana Buy and hold. If Dogecoin grows beyond $1, it doesn't matter at what price you buy. Remember, greedy leads to loss. The important thing is to buy red, when prices are low. The important part is to enter the market when things are boring and people are away. This is the best time to buy. If there is excitement and hype, it means that it is already too late. The market moves in waves... Up and down, up and down, up and down; forever. It has been going down, soon it will start to go up. Namaste. __ Dogecoin | DOGEUSDT (Current price $0.098)
by AlanSantana
16
✴️ Dogecoin Correction Signal Revealed | Explained In MinutesHow do we know if this is a short-term drop (a retrace) or a long-term drop (a correction)? ➖ One way is to take into consideration the duration of the bullish phase and compare it to past history. ➖ Another way is to look at the proportion of the waves; a parabolic rise will always lead to a strong correction. ➖ An easier way is by looking at the trading volume. Whenever huge volume comes in, we need to pay attention. Dogecoin (DOGEUSDT) produced the highest daily volume session 5-March 2024 since May 2021. May 2021 is when the orthodox end of the Cryptocurrency bull-market took place, meaning, the start of the bear market. Being more specific to Dogecoin, May 2021 is when the ATH hit. 👉 DOGEUSDT produced the highest bearish volume and now we have very strong bearish action. This tells us that a long-term drop (a correction) is on the way. Long-term compared to a retrace, not the 'long-term' we use when speaking of market projections. Prepare for the drop. Stay safe! It will get really ugly but it will recover really strong once the correction is gone; months after the halving. (Each trading pair should be considered individually.) Thank you for reading. Namaste.
Short
by AlanSantana
6
DOGEUSDT ( SENSITIVE AREA BETWEEN TWO TURNING LEVEL ) (4H)DOGEUSDT HELLO TRADERS Tendency , the price between two turning level around 0.133 & 0.126 , inside sensitive area TURNING LEVEL (1) : the price of this level at 0.133, so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 0.126, so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 0.142 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 0.149 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 0.120, for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 0.113 , for reach this level will be breaking by open 4h candle below support level (1) , . PRICE MOVEMENT : currently price 0.128 , have two scenario , first scenario corrective turning level (2), before rising to touch a turning level (1) , then breaking this level reach a resistance level (1), second scenario corrective turning level (1) , to reach a turning level (2) , then breaking this level reach a support level (1). TARGET LEVEL : RESISTANCE LEVEL : 0.142 , 0.149 . SUPPORT LEVEL : 0.120, 0.113 .
by ArinaKarayi