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DOGECOIN / TETHER USD on BSC (0X023B6298E2F9AE728B324757599F2A36E002A55A)

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DOGEUSDT_023B62 trade ideas

Is DOGE Primed for a Reversal?Recent movements in BINANCE:DOGEUSDT have shown moderate price volatility, presenting potential trading opportunities. The price has experienced slight downtrends, with resistance levels at $0.40267 and $0.43257, while support is found at $0.36292, with fallback levels at $0.2775 and $0.20463. The price behavior within this range will be crucial for determining whether DOGE rebounds or declines further. The Exponential Moving Average (EMA) indicators suggest a mild upward trend, with the 9-period EMA above the 20-period EMA. However, the close proximity of the EMAs indicates weak bullish sentiment. Traders should look for a close above the 9 EMA for long positions, while a break below the 20 EMA could signal a downtrend, making short positions more appealing. The MACD shows subtle bearish divergence, with the MACD line below the signal line and negative histogram bars indicating slowing buying momentum. This may lead to consolidation or a downward move, presenting opportunities for short traders if bearish momentum strengthens. The Relative Strength Index (RSI) is in the mid-50s, indicating market indecision. A decline toward 40 could signal bearish pressure, while a rise past 60 may indicate bullish resurgence. Ideal exit points for long trades may be near $0.40267, while short positions could target exits near $0.36292. Traders should remain vigilant around these critical levels, as they will likely influence DOGE's next significant price movement.
by StevenWalgenbach
2
Dogecoin DOGE price in front has a hard way to goNo matter how hard Elon Musk tries to pump up CRYPTOCAP:DOGE with his tweets, he hasn't been able to repeat his phenomenal “achievement” of 2021. Currently, OKX:DOGEUSDT price is trying to gain a foothold above the first strong mirror zone, above $0.11. If it succeeds, the upward trend will continue and the next strong mirror zone of $0.17-0.20 will be waiting for it. We know that many “long-term investors”, many of them unwillingly, are waiting for the price of the “father” and pioneer of all #Dogecoin memecoins to reach at least $0.41-0.51, and ardent fans are waiting for $1. Do you believe it is possible? What are your goals for OKX:DOGEUSDC price? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
6
Is DOGE About to Explode Again? Here's What You Need to Know!Yello, Paradisers! #DOGE has once again taken center stage, leading the meme coin rally with its characteristic volatility. After a powerful run to the upside, the price is now consolidating within a converging triangle pattern, signaling preparation for another potential breakout. 💎For #DOGEUSDT bulls to regain control, the price must decisively break above the descending triangle resistance at $0.3998. This breakout, combined with strong bullish volume, could ignite the next upward leg, with initial targets set at $0.44. Beyond that, DOGE will likely target stronger resistance at the $0.492 - $0.515 range. 💎On the downside, immediate support lies at the descending level near $0.35, bolstered by the EMA-50, which is rapidly approaching the current price action. A positive reaction from this region is likely. However, if the selling pressure intensifies, a robust bullish order block at $0.295 - $0.272 should act as a safety net, providing the strength for a significant reversal. Stay sharp, Paradisers! With key levels in play, patience and disciplined strategies will be critical to capture the upside while managing risk. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
DOGE gains momentum!🌟 Dogecoin (DOGE) gains momentum! 🌟 Recently, the DOGE coin has been showing positive momentum, attracting investors worldwide. After a period of calm, the cryptocurrency is growing and nearing its previous highs. 💹 Why is this happening? Prominent figures like Elon Musk and Donald Trump have repeatedly voiced their support for Dogecoin, increasing market interest in the coin. Musk even hints at the possibility of using DOGE in the X (formerly Twitter) payment system, which boosts the asset’s potential. 🚀 💡 Current forecast: Many analysts believe Dogecoin could reach a value of $1.
Long
by CHOWTRADE
1
DOGE has formed a Pretty Big C&H Pattern !...As you can see, the price has been able to pass the cup and handle resistance, but this does not mean that the resistance is broken. We need to wait until this weekly candle closes for the breakout to be confirmed. If we measure the AB range, which is 17 cents, and if the breakout is confirmed, we can say that the price will easily grow 17 cents equal to CD. PREVIOUS ANALYSIS Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
DOGE/USDt: Famous Pattern Indicates Continuation To The Upside Falling peaks and rising valleys have built famous Triangle pattern on the hourly chart of DOGE/USDt. It's a consolidation after a big rally, which means more upside move is ahead. Watch the price to break out of the pattern. The target is located at the widest part of Triangle added to the break point. Its located at 0.533 Breakdown of Triangle would invalidate the pattern. RSI has managed to keep above the neutral point during this consolidation. This supports the idea of further move to the upside
Education
by aibek
Phemex Analysis #35: How to Capitalize on DOGE's Hot StreakPHEMEX:DOGEUSDT.P has recently experienced a significant surge, gaining over 100% in the past week and 300% in the past month. Originally known as a peer-to-peer digital currency favored by Shiba Inu enthusiasts, DOGE has evolved into a cultural phenomenon, often associated with Elon Musk and even linked to the United States Department of Government Efficiency (DOGE). These factors have solidified DOGE's position and fueled its recent price increase. Key Levels to Watch: Resistance Levels: $0.442, $0.564, and $0.744 These levels could act as barriers to further price increases or potential buying opportunities if broken with strong volume. The recent attempts to break through the $0.44 level on November 12th and 13th were unsuccessful, leading to a consolidation phase around $0.37 to $0.42. Support Levels: $0.37, $0.34, $0.28, and $0.20 If the third attempt to break the $0.44 level fails, the price may retreat to one of these support levels. These levels could provide opportunities to accumulate DOGE at a lower price. Depending on your risk tolerance, you can enter earlier at $0.37 (but carry higher risk of price dropping) or enter later at $0.28 (lower risk, but might miss the entry). Alternatively, you can diversify your investments by allocating a portion of your funds to each support level. Leveraging Trading Strategies Grid Trading: Utilize Phemex's Advanced Grid Bots to capitalize on price fluctuations within a specific range. By setting a grid between $0.28 and $0.744 (or higher), you can automatically buy low and sell high, maximizing profits from price swings & high volatility of DOGE. Martingale Strategy: If you're bullish on DOGE's long-term potential, consider using Phemex's Advanced Martingale Bots to double down on your position at lower support levels. Remember to use lower leverage to manage risk effectively. Conclusion DOGE's recent surge has generated significant excitement and volatility. While the future of the coin remains uncertain, understanding key support and resistance levels can help you make informed trading decisions. By employing effective trading strategies and managing risk, you can capitalize on potential opportunities in the volatile cryptocurrency market. Tips: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
DOGECOIN soon will breakout from monthly resistance Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Dogecoin, while highlighting the key resistance levels that are critical for the next phase of price action. 📚💡 To begin with, the most significant resistance we are currently facing is around the 23-cent mark. This level has proven to be a formidable barrier, as Dogecoin has failed to break above it and sustain upward momentum for more than a year. However, given the recent surge in volume and the overall market conditions, there is a strong possibility that we will see this resistance level broken to the upside in the near future. The primary short-term target is clearly indicated on the chart, and we are watching this level closely for a potential breakout. 📚🙌 Following that, the next major resistance level to be aware of is the 34-cent price range. This resistance has also been in place for more than two years, with the price repeatedly failing to push past it. The behavior of Dogecoin’s price near this level will be crucial, as any significant move toward 34 cents could indicate whether the cryptocurrency is truly ready for a sustained rally. We will continue to monitor this area closely and provide further analysis in future updates. 📚✨ In upcoming analyses, I will dive deeper into the price action around these resistance levels, discussing the potential scenarios and key indicators to watch for as we approach these critical price points. Understanding these levels is vital for making informed trading decisions in the coming weeks. 📚🎇 🧨 Our team's main opinion is In this analysis, I highlight key resistance levels for Dogecoin, with the first major hurdle at 23 cents and the next at 34 cents, both of which have been strong barriers for over a year. A potential breakout above these levels could signal a shift in price momentum, and I will continue monitoring these levels in future updates. 🧨 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Long
by MadWhale
7
DOGE is Bullish.The biggest Meme has been consolidating for over 1127 days. During that time it has been been ridiculed by the masses. I had been slowly accumulating and will continue if I we hold this area for a while. Why you may ask? The chart pattern has been mimicking ETH (see below) and the moving averages have been acting the same as well. In the ETH chart below, I did a replay and cut it to where I think we are to remove bias. Also to imagine what ETH holders were feeling and seeing at that time. I purposely did not include a price target but I think Doge will surprise a lot of people. This is just my opinion and not financial advice. Please do your own research. Please boost this idea if you find it helpful.
Long
by BlackisKing
6
MY LAST and happened to be MY FIRST postBYBIT:DOGEUSDT.P I am so embarrassed of myself while posting this. I have entered this trade around 12 hours ago somewhere around 12PM GMT time I went long X10 Cross at the time the trend was very hot up and set a TP on previous high. little after that I was 70-80% close to my target and did not close it, later on it went all down from there. I even draw the triangle and by now I was sitting watching it go down from there all the way up to now. I saw it breaking all the support points where I thought it will go back from. stupid me I am writing this with almost tears in my eyes. by the time it will reach THE END line is total account would be liquidated ! that is the end of my trading journey which I spent countless nights trading and learning. you can blame me as much as you want. you wont blame me more than I do myself. Stay safe and farewell dear friends. :(
Long
by LYKPIX
5