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DOGEUSDT trade ideas

DOGE - new trend in 2024On a weekly perspective the price closed the first time above the 10/20 & 60 weekly HMA after consolidating for several weeks/month. A new Trend is formed and when correct price should start to expand soon. Ideally this week. Hard to tell how high it will go but a 1:1 extension of the current accumulation range is a solid first target. It will be important to track the daily and weekly hull moving average formation (HMA) in order to detect weakening momentum.
by TradesWhatElse
Navigating the Market Maelstrom Amidst Global TensionsWithin this Digital Tableau where the meticulous movements of Dogecoin are charted with each Tick of Time, we witness not just the Fluctuations of a Currency, but the reflections of our World, ever-changing, ever-challenging. Our chart, a mirror to our reality, shows us more than mere numbers, it reveals the interconnectedness of Global Events and their Ripple effects on the Tides of Finance. Overlaying this, a Visual Echo of our current world situation comes to light. Flight paths, those Thin Lines that thread the Skies, now Redrawn by the Somber Strokes of conflict, each Diversion a Somber reminder of the Trials faced by Countless Individuals Beneath. It is a poignant reminder that while we analyse markets for opportunity, the real-world Consequences of Geopolitical Tensions are Felt Keenly by so many. In this moment, as we Contemplate the potential ascent towards the ~0.17 mark, our thoughts Extend beyond the Charts, beyond the Markets, and to the Hearts and Lives caught in the Throes of Strife. As Traders, we navigate not only the Volatility of Prices but also the Fragility of Human Experience. My Heart Extends its Deepest Sympathies to those touched by these events, My thoughts are with those Displaced and Disturbed by the Tremors of Conflict. May our Hopes for the Market be paralleled by our Hopes for Peace and our actions towards those in need be as strategic and compassionate as those we employ in the Pursuit of Profit. In Trade as in Life, we look towards the Horizon, Yearning for Signs of Peace, a Breakthrough in Negotiations, much like the Bullish Breakouts we seek on the screens before us. Let us not Forget, as We Seek Profitable Shores, to send forth a silent prayer for tranquillity and a swift return to safer skies for all. T.
by Tyler-Turczak015
Dogecoin DOGE price is now at critical point, where to go next ?Today we'll talk about "the first of the memecoin family" - #Dogecoin The first thing I remembered is an article in January 2018 with the creator of CRYPTOCAP:DOGE , where he said that he was shocked that the capitalization of the coin he created as a joke in 2014 reached a capitalization of $2 billion. Moreover, in 2017, we personally often used Doge to transfer funds, because transactions took 5 minutes for a ridiculous fee. Now it's the norm, but in 2017, ERC-20 transactions were popular for $15-20 commission, but the transaction could take from a couple of hours to a couple of days, could easily get lost, and you had to write to the exchange support: where is the money?) That's a little nostalgia to make the oldies shed a tear :) In 2021, when a "pro at manipulating and pumping projects" got involved, Dogecoin's capitalization reached 90 billion and at the same time Doge had a "large community of holders" who bought at the highs. And as a result, they have been sitting in a drawdown for 3 years... But!!! There is a ray of hope and a chance that the price of #DOGEUSDT will reach $0.41 Not soon, and before that, there is still a chance to correct to $0.1, because now the DOGEUSD price has stuck to a strong mirror level, which is difficult to break through at first. By the way, we wrote publicly in mid-2023 about Doge that "someone buying it" and its pump still coming, with a forecast for a pump in Q2 2024 :) Read it if you are interested. Since then, the price of Doge has made a good x3. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
13
The Robinhood Exodus DOGE/USDTIn the hushed predawn of the Digital expanse, I peer into the Depths of the chart before me, a reflection of the tumultuous saga that Dogecoin has etched in the volatile ether of the market. This image, a Frozen moment in time, speaks of a cascade a 19.4% plummet from grace that has seen Fortunes Fade and rise in the span of a heartbeat. And yet, amidst the Cacophony of this Financial Maelstrom, there Emerges a tale of covert Titans, the whispers of whales coursing through the blockchain's undercurrent. Reports of their clandestine movements echo in the minds of every trader, as 374 million Dogecoins shift realms with the stealth of a cat burglar. The coins, withdrawn from 'Robinhood' as if to Brace for the storm's hit, now lie in the grasp of an enigmatic few who have dared to seize the tumult's opportunity. As I gaze upon the canvas of the Dogecoin chart, marked boldly with the declaration of a 'DANGER ZONE,' I see not mere Metrics but a Battlefield where Giants tread. Our Chart becomes a Legend, a narrative of Peaks and Troughs, each line a Scar from Battles past and a portent of skirmishes yet to come. The plummeting figures are a clarion call, beckoning the brave to action, their swords Sheathed, their Strategies Shrouded in Shadow. In this grand tapestry, I find my place, poised at the threshold of decision, as I contemplate the profound words of Sun Tzu, for in chaos there is opportunity. With the Art of War as my guide, I stand ready, my Spirit unbroken by the fall. For the Dogecoin we know is a beast of resilience, it has weathered storms before and Risen Anew, as if Borne on the Wings of Icarus, undaunted by the sun. Now, as we hover at the precipice of recovery, a 6.71% ascent gives rise to a dawn of Redemption. The market's Pulse Quickens with Anticipation, Dogecoin, like a Phoenix, begins to stir from the Ashes of Despair. The Red of the Ichimoku Cloud above, a once foreboding Omen, now beckons as the rosy blush of a new horizon. The narrative unfolds on this digital parchment, Our chart, Our chronicle, Our testament to the relentless march of the meme coin we hold dear. It is more than a currency, it is a symbol of the Age, a Digital Talisman for the Brave, a touchstone for the Dreamers and the Undeterred. In the ebb and flow of Dogecoin's voyage, I find the Echo of ancient wisdom, the only constant in the universe is change, and in this change, the astute find their Haven. With the Chart as my map and the reports of Whales as my Heralds, I navigate the Capricious Seas of Cryptocurrency, ever vigilant, ever questing, ever true to the Art and Science of the Trade. For in the End, each Dip is a Lesson, each rally a Triumph, and each transaction a Verse in the epic of Dogecoin, a tale Penned by the Invisible hand of the market, forever inscribed in the Ledger of time. Happy Trading. T
by Tyler-Turczak015
The Emerald Entry - A Trader's Trove in Dogecoin's DepthsIn the realm where numbers Dance and probabilities Play, we find ourselves perched on the precipice of possibility. Here, within the Charted domain of Dogecoin, amidst the symphony of sliding scales and the Calculus of Chance, Lies a zone not merely of Colour, but of Potential. The "Opportunity Zone," a Verdant Garden in the midst of a digital desert, Beckons. This Emerald Rectangle is not a mere artifact of hope, it is the Mathematician's Sweet Spot, the Philosopher's query made manifest. Within its Bounds, the Siren Song of the Market calls, promising the harmonics of a perfect entry, a chance to court the muse of momentum with Fibonacci's grace. Is this not the Alchemist's Dream? To Transmute the Leaden Fall into Golden Rise? To catch the Pendulum as it swings into the Arc of Fortune? This chart, Our canvas, invites not just analysis but artistry, not just logic, but lore. The MACD whispers of a Turning Tide, its Dual lines a Divining Rod to Liquidity's secrets. And as the market writes its Epic Poem, line by volume line, we, the Traders, Become both the Poets and the Poem, Inscribing our will upon the Tapestry of Time and Trade. So, let us mark this Chart, not with the Dread of the red "Danger Zone," but with the Verdant promise of a "Buying Odyssey." For in Every Drop, there lies the Seed of Ascent, and in every Risk, the Roots of Reward. Happy Trading. T
Long
by Tyler-Turczak015
3
Not giving up on DOGE (yet)I had to give up on a few spot positions in crypto this week. This dump ruined some good setups. DOGE was a high conviction play for me. Yes, there is a bearish divergence. But have a look at the weekly chart. Did we really have a markup phase to distribute here? It makes little sense to me. Still think DOGE might be in a sophisticated SOS phase. So my position in crypto consists of mostly DOGE now. Not ruling out any possibilities but DOGE is still OK.
Long
by mitsandwits
2
DOGE → Are We Heading to $0.30!? Or $0.10? Let's Answer.Doge had an 80% Weekly bull candle at the end of February followed by continued bull pressure into March. Where will Doge find resistance? How do we trade this? 🤔 The current market has a strong bullish sentiment. The 80% bull candle was followed by a tight trading range with more strong bull candles. We have yet to see a signal for pullbacks or reversals. We are on the second push up in the trend, leaving us the potential for one more. The RSI is currently at 78.00, which ought to give us some pause about the continuation of the bull action before a pullback. That is why I advocate waiting to enter a long until the price comes back down toward the Weekly 30EMA. It is reasonable to long scalp on a lower timeframe like the 4HR or even the Daily, but with a small position size and tight stop loss. Waiting for the pullback to the 30EMA is ideal for a long. 💡 Trade Idea 💡 Long Entry: $0.14 🟥 Stop Loss: $0.09 ✅ Take Profit: $0.29 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Two pushes up in a bull trend with a gap to close at $0.29. 2. 80% bull candle at the end of February signals strong bull strength. 3. Tight trading range after the February bull candle, likely a measured move up. 4. Long scalp on lower timeframe or wait for pullback to Weekly 30EMA to long. 5. RSI at 78.00 and above the Moving Average supports pullback before the next move up. 💰 Trading Tip 💰 The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Long
by TraderEngineering
The Robinhood Transfer, A Tidal Shift in the Doge EcosystemIn the Dynamic Tapestry of the DOGE market, we Observe a striking pattern Reminiscent of an Impressionist's masterpiece, Imbued with the subtle intricacies of Human sentiment and the Bold strokes of substantial transactions. As I examine the latest Heikin Ashi chart, a Doji emerges, a Silent Sentinel amidst the Cacophony of Buying and Selling, Signalling a moment of Hesitation, a collective Introspective pause within the Thrum of the market. The hues of Red and Green wax and wane, painting a story of Resistance and Support, where the price delicately Flirts with the edges of the Ichimoku cloud. It’s a dance of Shadows and Light, where the market, like a Pendulum, swings back to test the Fortitude of previous strongholds, Now transformed into Barriers. This Momentary stillness, Captured in the Doji's crosshairs, may very well be the quiet before a storm stirred by the winds of change, a whisper of reversal as the market retraces its steps back to the lines of resistance. Yet, Our chart is not a Solitary narrative but Interwoven with the threads of real-world events, as a recent Tumultuous transfer to Robinhood sends ripples through the Crypto pond, much like a Stone Skipped across its surface. A Whale, Enigmatic and Vast, has shifted a monumental sum, a move that echoes through the community with the resonance of a Gong. The price, sensitive to such Seismic Shifts, reflects this with a plunge, cascading down the Fibonacci staircase as it seeks a new Equilibrium. The 245 million Doge, now Nestled within the digital vaults of Robinhood, signifies not just a Transfer of funds but a transfer of energy. The market, like a living organism, responds, it Inhales Deeply and Adjusts, recalibrating itself in Light of this new variable. The Ripples from this transaction Reach out, touching all corners of the DOGE Ecosystem, sparking discussions, debates, and speculation. This is the heart of the market, not merely numbers and charts, but the collective pulse of every participant, from the smallest Trader to the largest Whale. In this Grand Drama, we are reminded of the fundamental truth that every action in this space is a thread in a larger weave. The implications of such a significant movement are vast, much like the impact of mycelium in the forest, working silently, diligently, unseen but ever-present, breaking down and building up in the perpetual cycle of Growth and Decay. We stand now, at a Junction, with Eyes wide open and minds Alert. The market has spoken, and we listen, poised to Adapt, to Learn, and to navigate this ever shifting landscape. We are reminded, once again, of the importance of Due Diligence and the power of informed decision-making. For in the realm of Dogecoin, as in nature, the only constant is change, and our Greatest Tool is the Understanding we Glean from each movement, each Signal, each Whisper of the market. Happy Trading. T. Please Comment Thank you
Short
by Tyler-Turczak015
1
The Dogecoin Dilemma: Will $DOGE Hold Strong or Succumb?The Dogecoin ( CRYPTOCAP:DOGE ) price experienced a significant decline of nearly 15% following the recent market downturn of cryptocurrencies, particularly Bitcoin. However, the cryptocurrency market remains optimistic ahead of the anticipated CRYPTOCAP:BTC halving, and the correction may provide traders with an opportunity to get CRYPTOCAP:DOGE at a good rate. Despite the market downturn, the Dogecoin ( CRYPTOCAP:DOGE ) price is still above a crucial support level marked by an ascending trendline. This support threshold has previously presented a notable buying opportunity twice before and could potentially serve as a jumping-off point for CRYPTOCAP:DOGE , especially with the presence of a hammer candle. A hammer candle is a bullish reversal pattern that appears when an asset's price has been falling, indicating that the market is attempting to determine a bottom with sellers capitalizing and buyers starting to step in and push the price back up. This pattern, accentuated by the Relative Strength Index (RSI) of 40.30, supports the bullish thesis. Furthermore, if the Bitcoin price shows strength, more buy orders may be encouraged, leading to the Dogecoin ( CRYPTOCAP:DOGE ) price reclaiming the $0.2287 local top. However, to reach this price point, the Dogecoin ( CRYPTOCAP:DOGE ) price must decisively reclaim the $0.2100 threshold. On the other hand, if selling pressure increases, the Dogecoin ( CRYPTOCAP:DOGE ) price may slip below $0.1606, thereby negating the bullish thesis and increasing the odds of further downside, potentially as low as the $0.1283 support, which would indicate a 25% drop below current levels.
by DEXWireNews
'Battle of the Ashi' DOGE/USDTAs I cast my Gaze upon the Chart's Expanse, I witness the March of Heikin Ashi Soldiers, each Candle a stoic sentinel in the grand Army of Dogecoin. They tread steadily toward the foreboding Ichimoku cloud, that nebulous frontier where many a bold rally has been both made and unmade. In this theatre of war, where Quantum Physics and market forces collide, we stand on the brink of potentiality. Each Green Battalion of Heikin Ashi Embodies Schrödinger's principle, both Victory and Defeat exist in Superposition until the battle engages and the cloud's edge is Breached. Our Chart Whispers of fractal frontlines and probability Waves, a Battlefield not bound by the linear constraints of Time nor Space, but by the spectral hands of Supply and Demand, the twin deities of our digital realm. And as we Advance, we carry the banner of Fibonacci, finding strength in the Sacred Sequences that underpin the very fabric of the universe. This is not merely a Fight for Price Ascension, it is a Quest for Understanding, a seeking of the point where Science and Speculation converge. As our Marching Candles draw near, we prepare for the Encounter with the Cloud, ready to witness the alchemy of Resistance turned to Support of market chaos transmuted into a lattice of order, a True Testament to the Enigmatic beauty of the Financial Cosmos. Happy Trading. T Please Comment. Thank you
by Tyler-Turczak015
3
Paws Up: Doge Gains Momentum, Eyes 0.23222 ResistanceHello there Doge has pushed up from the 0.18617 low and is now losing momentum in the 0.20769 area. So we want to see the price go above that area, preferably to a higher low and close above 0.20790. Above 0.20790, there's potential resistance at 0.23222. The bias is towards the 0.28175 area, the target level is 0.26589. Now if the price loses momentum and goes against our desired direction, it will invalidate the setup if it breaks 0.15922, or we might consider cancelling the setup in the downward range if there is no seeming improvement. Happy Trading K.
Long
by Khiwe
The Digital Valhalla DOGE/USDTUpon this Digital parchment, I scribe the saga of Dogecoin, as it dares to pierce the Dense mist of Ichimoku’s cloud. Behold, as the Valiant Green Candles muster, Lining up like Steadfast Warriors at Dawn, ready to Breach the Crimson ramparts above. It is a Scene reminiscent of Ancient skirmishes, where Viking steel met shield under the brooding Northern skies. The Chart becomes a Battleground, each price movement a clash of Invisible Armies, Dictated by the Cold, Calculating Logic of Algorithms and the fiery passion of Traders' Hearts. Here, we stand on the precipice of action, watching Dogecoin Rally its might, emboldened by the whispers of lore and the dreams of conquest. The Cloud ahead looms large and Formidable, a test of nerve and resolve. To breach it would be to carve a path of Glory, a venture bold and daring, guided by the spirits of Traders past. The Convergence of moving averages is our war horn's call, the volume our drums of war, beating a Cadence that stirs the soul. The MACD whispers strategies in the language of divergence, plotting the moment of our grand ascent. As we Chart this course, my hand is steady, my vision clear. For in the Chart's Tangled webs of possibility, I find the wisdom of the ancients, where every dip is a fated journey to Valhalla, and every Peak, a Seat in the Hallowed Halls of Asgard. This is the Odyssey not just of Coin, but of Consciousness, a meditation on the very nature of Value and Valour. For within the Cryptic dance of Buy and Sell, there lies a deeper truth, one that speaks to the timeless Battle between Fear and Fortitude. With the Sword of my resolve and the Shield of my Foresight, I enter the Fray, not with Trepidation, but with the anticipation of a Saga yet to be sung. The Cloud awaits, and like the Vikings of Yore, we shall meet it with the fire of a Thousand Suns, ready to Etch our Victory in the Archives of the Market’s storied history.
by Tyler-Turczak015
To Grip or Let Slip, The DOGE Decision MatrixIn the Silent Stillness of the Market’s Pre Dawn, my Gaze falls upon the tapestry of Dogecoin's recent Sojourn, a narrative of Ascent and Descent, woven upon the Loom of Liquidity and Desire. Within this intricately patterned vista Lies a Question as old as the Agora itself. To hold, or not to hold? Beneath the surface, a Bearish pattern emerges like a Storm on the Horizon, Foretelling tales of caution on a smaller timeframe. It whispers of cautionary ballads sung by wary Traders, each Red Candle an Elegy to optimism's Retreat, and every downturn a Sonnet to the cautious. Yet, Amidst the Symphony of Selling, an Aria of support hums at levels 0.165 to 0.17, a Harmonic Haven where the weary Bulls might rally. This potential Fortress of Fortitude stands defiant in the face of the encroaching Bearish siege, a Testament to the Tenacity of those who believe in the Cyclical Saga of Cryptic Currencies. Here, the Philosophical ponderings of Hesiod meet the digital age, a New Works and Days where the Labour of decision is our most valued currency. As we contemplate the existential dance of Buy and Sell, I am reminded of the Ancient Greek's wisdom; That all things hold promise and peril, and within each moment, the Seeds of both Loss and Gain are Sown. As the MACD arcs downward, a chronicle of converging wills, I am faced with a choice that is a microcosm of life’s grand gamble. In the delicate balance of holding, we court the Approval of Fortuna, Each Decision a Spin of her Fickle Wheel. To hold is to Embrace Hope, to Cradle the Ember that might ignite the next Bullish run. Not to hold is to bow to the Tempest's Might, to find shelter before the Storm's full fury is Unleashed. Our chart, this moment, is but a verse in the epic of Dogecoin, a single brushstroke in the Grand Fresco of the financial markets. So here I sit, a chronicler of my own fate, Penning these thoughts at the confluence of history and possibility. In the chart's undulating waves, I seek the wisdom to navigate this Digital Odyssey, Steering by the Stars of Technical Analysis, with the Stoic resolve of Odysseus himself. In every moment of Market Turbulence, I find a reflection of the Cosmos’ own Tumult, Each Dip a Dive into the Unknown, each Peak a Reach for the Heavens. In the Tapestry of the markets, the very threads of destiny are woven, and in their pattern, the answers to our deepest deliberations are hidden in plain sight. For in this Grand Design, the only Truth that holds is Change, and the only Certainty, the Inexorable March of Time and Tide. And in this March, we find the Essence of the Market's Soul, a space where the narratives of Fear and Fortune are told, where the Quantum Fluctuations of Sentiment Paint the Portrait of Tomorrow. And so, with a Philosopher’s heart and a Mathematician’s mind, I Chart my course upon these Celestial Seas, Wondering, Wandering, Wagering, on the Timeless Question of to Hold or not to Hold... Happy Trading. T
by Tyler-Turczak015
Is Dogecoin on the verge of a breakout? Demand Range: A Launch Pad for Leap? In the daily chart of Dogecoin, we see the formation of a demand range at the price levels of 0.14700 to 0.15700. This area indicates strong demand to buy Dogecoin at this price range. As can be seen in the chart, Dogecoin price is currently forming higher bottoms. This behavior contrasts with lower bottoms in downtrends and can indicate the market's tendency to reverse. Price behavior model: hope for the future In addition to the demand range, Dogecoin's price behavior is also showing positive signals. Currently, the price of Dogecoin is in a stabilization phase and is gathering energy for a possible move. This behavior is observed in many price charts before large uptrends. considerations: Note: This analysis is not a definitive signal to buy or sell Dogecoin, and is based solely on technical indicators and historical price behavior. Risk Management: Before making any investment, be sure to do your research and only invest as much money as you can afford to lose. Entry points: If you want to enter the trade, the 0.15700 and 0.14700 ranges can be good entry points. Goals: Setting profit goals depends on your trading strategy. You can take profit at any price that suits you.
by powercode