Doge/Usdt 1 hr trade planBroke internal 1 hour structure, continuation of the trend, a lot of supply above, but can be worth it.
nfa, dyor.
this is my personal trade plan
DOGEUSDT_023B62 trade ideas
DOGE GOOD FOR HOLDING LONG TERMhi all, check out this Doge analysis! I'm using Fibonacci levels and ABC corrections to spot the highest and lowest prices on the daily chart. You know, those green and red zones? The green is where you might wanna buy for a long hold, especially if you're into that ADA buying system. And the red? Yeah, avoid that like the plague, 'cause prices tend to drop after hitting those areas."
Is Dogecoin the Future of Cryptocurrency Investing?Dogecoin (DOGE), the cryptocurrency born from a joke, has experienced a remarkable 48% surge in recent days, captivating the attention of crypto traders and investors alike. This unexpected rally has propelled DOGE into the limelight, outperforming other major cryptocurrencies and reigniting speculation about its potential to reach the coveted $1 price target.
What's Driving Dogecoin's Rally?
While the exact reasons behind Dogecoin's sudden surge are multifaceted, several factors may be contributing to its upward momentum:
1. Social Media Influence: Dogecoin has a strong social media following, particularly on platforms like X and TikTok. Influential figures and celebrities, such as Elon Musk, have frequently endorsed the memecoin, driving significant interest and volatility.
2. Retail Investor Enthusiasm: Retail investors, particularly those who missed out on earlier crypto rallies, are increasingly drawn to Dogecoin's low price point and potential for significant gains. This renewed interest has fueled buying pressure and contributed to the recent price surge.
3. Speculative Trading: The cryptocurrency market is often driven by speculation and FOMO (fear of missing out). As Dogecoin's price rises, it attracts more traders who hope to capitalize on short-term price movements.
4. Potential for Long-Term Growth: Despite its memecoin origins, Dogecoin has a dedicated community and a growing ecosystem of decentralized applications (dApps). Some analysts believe that the cryptocurrency could evolve into a legitimate payment and investment vehicle over time.
The $1 Target: A Realistic Goal or a Pipe Dream?
While the idea of Dogecoin reaching $1 may seem ambitious, it's not entirely impossible. However, several factors would need to align for this to happen:
• Sustained Institutional Adoption: Increased interest from institutional investors, such as hedge funds and investment firms, could provide a significant boost to Dogecoin's price.
• Enhanced Utility: Developing real-world use cases for Dogecoin, such as payments and e-commerce, could increase its demand and long-term value.
• Positive Regulatory Environment: Clear and supportive regulations could reduce uncertainty and encourage mainstream adoption of cryptocurrencies, including Dogecoin.
• Continued Social Media Momentum: Sustained social media hype and endorsements from influential figures could drive further price appreciation.
The Risks of Investing in Dogecoin
While Dogecoin's recent rally has been impressive, it's essential to approach the cryptocurrency with caution. Investing in memecoins carries significant risks, including high volatility, market manipulation, and the potential for substantial losses. It's crucial to conduct thorough research and only invest what you can afford to lose.
The Future of Dogecoin
The future of Dogecoin remains uncertain. While it has the potential to continue its upward trajectory, it's equally possible that it could experience a sharp decline. As with any investment, it's important to exercise prudence and diversify your portfolio.
A Word of Caution
The cryptocurrency market is highly volatile, and prices can fluctuate rapidly. It's essential to approach any investment with a long-term perspective and be prepared for potential losses. While Dogecoin's recent surge has captured the imagination of many, it's crucial to remember that past performance is not indicative of future results.
DOGE SWING DOGE COIN
Already the downtrend started in May.
Clear resistance at 0.13, breaking out this resistance can lead to an impulsive move to the 0.20
Effort VS result in the recent dropTook BINANCE:DOGEUSDT as an exapmple but can be applied to other crypto tickers like BITSTAMP:BTCUSD
Look at the average volume in the past 8hrs and look at the outlier. A lot of sell volume effort has been made and the result is a long wicked candle.
Meaning the buy pressure is still here, many had limit orders waiting.
Meaning the effort is inconsistent with the result
Meaning the downward continuation should not be possible.
Testing Key Supply ZoneDOGE recently broke a critical resistance level at around $0.33 to $0.34 and is currently trading around $0.42, showing a significant bullish momentum.
This breakout could indicate a shift in trend, with potential for further upward movement if key levels are respected.
🔑 Key Supply Zone (Order Block): The price is approaching a supply zone between $0.44 and $0.55, which could act as a significant resistance area.
This zone might induce a temporary correction or consolidation if sellers become active, leading to a potential pullback. If DOGE reacts to this zone, we may see a slight dip before any further upward move.
Potential Scenarios:
🟢 Bullish Continuation: Should DOGE manage to break above the $0.55 level, it could open the path toward higher targets, possibly aiming for the $0.72 resistance.
🔴 Temporary Correction: If DOGE encounters resistance at the $0.44-$0.55 zone, a minor correction could lead it back towards previous support levels, providing new buying opportunities for interested participants.
Note: This analysis is provided purely for informational purposes and should not be taken as a buy or sell signal.
dogeusdtThe intrinsic value or mission of an economic item is not very important. What matters is where people spend their money
DOGE🚀 Dogecoin (DOGE) on the Move! 🚀
🐕💨 The Doge Army stays strong! Whether you're holding, trading, or just enjoying the ride, Dogecoin continues to be one of the most exciting and beloved projects in the crypto world.
🔗 Quick DOGE Update:
📈 Current Price:
🌍 Market Cap:
💹 24H Trading Volume:
🎉 Why DOGE?
Community Power: Dogecoin's strength lies in its passionate and fun-loving community.
Fast Transactions: Low fees and quick processing make DOGE ideal for daily use.
Real-World Adoption: From online tipping to retail, Dogecoin is making its mark.
💡 Latest News:
🌟 Whether you're a long-time supporter or new to the #DogeArmy, this coin continues to prove that it’s not just a meme, but a movement!
$Dogeusdt big short!We make money even on bull market. Im expecting big correction on Doge coin. my entry and exit prices are on the chart based on waves.
Dogeusd idea lol doge will pump hard after this monthly resistance is taken out . I was surprised when I saw it just right now if history repeats itself doge can easily hit 1.00 minimum . Within next month doge should hit the target . I still sold half here just to be safe but I won’t regret if I missed some profits as I am still holding a position .
Doge Movment???so again i will start off that i am no guru, have been watching and mostly still learning...
with that said here is the perdiction for profit take and additional gain rise.
the ornage horizon line is the head top
the yellow lines are the riser from the cup bottom
the red vertical is the handel area
the green are the resistance to down pressure with a sideways window.
this is a area that i can see when hiting .35 then a good chance of seeing .25 again
can see what happens on tuesday of november 12.
i have the notion that the 12 is going to be the 35 hit mark and bunch will take profit and wait for the .25 to hit befor going back in to cont the run up.
Unclear Trend For DogeHi there
The price is above the RSI 50, indicating that the trend is bullish. However, it is below the RSI moving average, giving a mixed signal. Consequently, the price is in a bearish range within a bullish trend.
It appears to be in a possible corrective ABC phase, but it is not clear how deep this may go, resulting in two open areas.
* So, the overall trend remains bullish, but the current mixed signals suggest caution. Monitoring will be required, - high-risk setup.
Happy Trading,
K.
Doge idea I think first major resistance would be the one at 0.33 area the monthly one. RSI by then could be very overbought . Anything past 0.33 0.34 the run would end up at 0.70 with a double top . The bull run would probably last all the way to new year that’s when trump gets in charge on January . Everything is so positive about crypto right now the sentiment is bullish and Elon must loves doge , any pullbacks should be bought . the plans he has for twitter becoming a financial service including crypto payments and all that .
DOGE "Is the memecoin hitting a resistance?"Hello, dear HODLers, and happy Monday—if there is such a thing! But I believe every day in this bull run should be happy and great because we’ve been waiting a long time for it.
This is DOGE on the daily timeframe, and it appears to be pausing at the significant all-time Fibonacci level of 61.8. I can’t say for sure what will happen next, but by the day’s close, I may have a clearer idea. That’s all for now—I’ll catch up with you later.
Stay safe, and enjoy the profits of intraday trading if you’re following along!
Doge Doge is in a bullish structure, that remains the case until one of two things happen.
The first is we can keep rising and hit the targets eventually which would start at 20c.
The second is we can roll over and break structure by falling below the last real signigficant low - 0.089
Lets see what happens.
Doge coin favored by tech mogul turned politician.After the meteoric rise of the worlds first meme coin, does Elon musk still have grand plans for the doge token? I believe this upcoming election will bring many surprises and doge could benefit from the hype. Risk adverse traders should take heed for the volatility can be mind boggling.
BUY Dogecoin finally !!If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading.
if you have any questions do not hesitate to contact me.
DOGE: Inv. Head & Shoulder pattern broke to the upside!If you're looking to trade DOGE at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.175$ and take profits at the levels shown in the chart.
Targets:
1. 0.179$
2. 0.185$
3. 0.192$
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Cup and handle scenario for $DOGEThis appears to be a potential Cup and Handle (C&H) pattern forming.
My target for #BTC is at 81 on the daily chart. If it reaches this level, it could propel DOGE to 0.253 before a correction or pullback occurs.
Meanwhile, USDT might continue its downward trend to 4.5%.
I'm waiting for this scenario to unfold. If it does not, BTC could peak at 80K, and a correction in DOGE might be imminent, potentially driving its price downwards.
#TYOR #NFA
DOGEUSDT.P / LONG / M15DOGEUSDT Potential Rise from the Bullish Order Block
Bullish Order Block: 0.22732 and 0.22377
Analysis: DOGEUSDT is currently in a bullish order block between 0.22732 and 0.22377, which suggests a potential support zone where buying pressure could increase. Price has already touched this order block, indicating it may be primed for a rebound.
DOGEUSDT.P / LONG / M15
Leverage :- 75x
Entry Price :-0.22888
Take Profit :- 0.23843
Stop Loss :- 0.21933
Retracement ranAs I said back on September 28th, that retracement would be ran through very fast and it played out like text book. I believe this won't spend much time as it races towards 35cents
When we run above the ATH at 74cents, this has so much strength that I believe we may see $32 as a spike.
Do not be surprised to get a minor retracement at or around 35 cents and or 74 cents
Dogecoin After reaction dogecoin proce to my zone now price return to demand zone then go to supply zone
