DOGE: The next leg up is coming!Previously, the price formed a symmetrical pattern and broke out to the upside, resulting in a notable gain of 22%.
Currently, the price is just below a critical resistance level. A break above this level could push the price to at least $0.435.
It’s wise to monitor this setup closely if you want to capitalize on the next upward movement!
The idea is to buy when the price breaks above 0.402$ and take profits at the levels shown in the chart.
Targets:
1. 0.412$
2. 0.422$
3. 0.435$
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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!
DOGEUSDT_FCD13E trade ideas
Doge bullish scenarioDoge price action is showing signs of an imminent breakout.
Hard to gauge this but IMO looking at historic price action and whats happening currently, we could see a big move from Doge in the next couple of weeks.
Target areas I'm looking at are based on fib levels measuring the recent retrace and this also has confluence with historic break outs to the upside.
IMO, if you already have some DOGE, these are good areas to set some take profits as history could repeat itself.
DOGE/USDT 1H Analysis: Bearish Momentum or Reversal Ahead?
Chart timeframe: 1H DOGE/USDT analysis.
Current price: $0.31977, down 0.39%.
Key levels:
Resistance: $0.34 (POH - Point of High).
Support: $0.315 (POL - Point of Low).
Next major support: $0.308 if $0.315 breaks.
V
olume profile: Suggests potential accumulation near $0.31 level.
Outlook:
Bearish: Momentum likely to continue towards $0.315.
Bullish reversal: Requires reclaiming $0.325.
Setup rating: 7/10 for short positions with tight stops above $0.325.
Targets:
Shorts: $0.315 → $0.308.
Longs: Wait for confirmation above $0.325 before entering.
What’s your move on DOGE, cousin? 🚀📉
DOGE Accumulates at $0.41: Bulls Eye $0.445 Targets!DOGE/USDT 4H Chart Analysis
Market Structure:
Current Price: $0.41.
DOGE is in a clear accumulation phase, supported by institutional activity in the $0.36-$0.38 zone.
Key Levels:
Support:
Accumulation zone: $0.36-$0.38.
Resistance:
T1: $0.425.
T2: $0.445.
Momentum Indicators:
RSI: At 59.28, showing hidden bullish divergence, signaling strong potential for continuation.
Volume Profile: Recent spikes in volume suggest institutional buying pressure.
Trade Setup:
Entry: $0.408-$0.412.
Targets:
T1: $0.425.
T2: $0.445.
Stop Loss: $0.388 (below the accumulation zone).
Risk-to-Reward: Favorable with strong support levels holding.
Confidence Level: 8/10 for bullish continuation.
Market Maker Activity:
Accumulation: Institutional buying is evident in the $0.36-$0.38 zone, preparing for a push toward higher price levels.
Expectation: Price likely to target premium zones above $0.42, with market makers driving the
trend.
Considerations:
Volume confirmation: Ensure continued strong buy volume near $0.42 for a successful breakout.
Support integrity: Monitor the $0.408 level to ensure it holds for bullish momentum.
Resistance reaction: Be cautious around $0.425-$0.445 for potential pullbacks or consolidations.
This setup indicates a bullish continuation to $0.425 and $0.445, with accumulation driving the next leg up.
DOGE’s Next Move: Key Levels to WatchAfter a remarkable bull run from September to December 2024, DOGE concluded its rally with a rising wedge pattern, a sign of exhaustion. This structure also marked the completion of a 5-wave Elliott structure. The breakdown from the wedge came with a clean retest, followed by a significant drop.
Current Market Outlook
The new year began with a bullish rise, reaching the 0.618 Fibonacci retracement level at $0.364 (drawn from the high at $0.48434 to the low at $0.26216), a great short setup. Presently, DOGE appears to be forming an ABC corrective structure, with wave C in progress.
Additionally, a Head and Shoulders pattern is developing, with the neckline sitting close to the yearly open at $0.316.
Support and Confluence Zones
1.) Fibonacci Level:
The 0.618 Fibonacci Retracement of the 5-wave structure is positioned at $0.2353, which aligns with the Head and Shoulders target for strong confluence.
2.) Fair Value Gap (FVG):
There is an unfilled FVG and November’s untested high at $0.22888, which adds significant support confluence.
3.) Trend-Based Fib Extension:
Using the Trend-Based Fib Extension from wave B, the 0.786 Fib lies near the $0.2353 - $0.22888 range for further alignment.
4.) Monthly Level:
The monthly level at $0.22 strengthens the case for this zone being a critical support area.
5.) Fib Speed Fan:
If price drops to the $0.2353 - $0.22 region between January 17th and the end of the month, the 0.75 Speed Fan Fibonacci will also align with the support zone, further emphasising its importance as the fair value trend line.
Trade Setups
Short Setup:
Entry: Around the $0.397 0.618 Fib Retracement level
Stop Loss: Above $0.43
Take Profit: Targeting around $0.25/24
Risk-to-Reward (R:R): ~5:1
Potential Long Setup:
Entry: Within the $0.2353 - $0.22 support zone (confirmation needed)
Stop Loss: Below $0.22
Take Profit: Targeting around $0.275
DOGE Ready to Soar Breakout Confirmed with Consolidation AboveBreakout Confirmed
The price has broken out of the symmetrical triangle pattern on the 4-hour timeframe, indicating a bullish momentum.
Higher Time Frame Alignment
If higher time frames (like daily or weekly) are also showing bullish signs, it strengthens the breakout's validity and suggests the trend is likely to continue upwards.
Consolidation Above Trendline
The price is consolidating above the previous resistance (upper trendline), which has now turned into support.
This consolidation is a healthy sign of market strength, as it allows buyers to gain control before the next leg up.
Next Move
A breakout from this consolidation phase would confirm the continuation of the uptrend.
Immediate targets are $0.42 and $0.45, with a potential to move toward $0.50 if bullish momentum sustains.
Entry Strategy
Wait for a bullish breakout from the consolidation with increased volume for a safer entry.
Place a stop-loss just below the trendline or consolidation zone.
Risk Management
Maintain proper risk-reward ratios to account for any potential pullbacks.
DOGE Doge coin 24 hr potterbox with channelDOGE Doge coin 24 hr potterbox with channel. Well doge coin looks like it will follow Bitcoin. It still has a lot of noise to get thru on the left.I will be keeping a good eye on this. This will be Doge coins third attempt at going higher . One two three bang.
DOGE Breaks Out at $0.37: Bulls Target $0.42!DOGE/USDT 4H Chart Analysis
Breakout confirmed: DOGE has broken above the equilibrium zone, with strong bullish momentum supported by volume and RSI.
Current price: $0.37.
Key levels:
Support: $0.34 (established as the recent base).
Resistance:
Primary: $0.40 (premium zone).
Target: $0.42 (major resistance).
RSI: Currently at 68, showing bullish momentum but not yet overbought, suggesting room for further upside.
Trade setup:
Entry: Current level ($0.37) or on a slight pullback near $0.345.
Target: $0.42 (key resistance level).
Stop loss: Below $0.345 to limit downside risk.
Risk-to-reward: A favorable setup with clear targets and manageable risk.
Confidence level: 7/10 for bullish continuation toward $0.42.
Considerations:
Volume confirmation: Ensure continued strong buy volume to sustain the breakout.
RSI monitoring: Watch for overbought conditions as price approaches $0.40-$0.42.
Resistance reaction: Be cautious near $0.40; a failure to break could lead to temporary consolidation.
This setup indicates potential upside to $0.42 if the bullish momentum persists and $0.34 support remains intact.
Two Bullish Patterns Hint at Major Rally for DogecoinIn the 4-hour time frame, as you can see, there are two bullish patterns. The first one is a triangle, and the second one is a cup and handle. If either of these patterns breaks, the price of Dogecoin can reach around 47 cents.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Is ELON going to turn on the switch for DOGE?Are we about to see a massive DOGE rally ?
Is Elon going to make DOGE the chosen loyalty token?
Is there any crazy plans to migrate DOGE to the XRPL? Whatever it is, we know that X Payments want to be the one stop shop with DOGE alongside other dino coins being used.
Multiple Candidates for X Payments: Loyalty and Stable Coin use
1. DOGE
2. XRP
3. XLM
4. ADA
5. HBAR
Long Trade
15min TF overview
Buyside trade
Pair DOGEUSD
Mon 13th Jan 25
3.15 pm
NY Session PM
Entry 0.32861
Profit level 0.34759 (5.78%)
Stop level 0.32622 (0.73%)
RR 7.94
Reason: Phase C to D, according to Whykoff's observation on the 15-minute TF, indicates a buyside trade. (Trending inside the range.?) .
Will Dogecoin hit 0.048? Can you capture 45% gain?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 Doge coin , 📚💡
A 45% price jump for the coin looks promising, though we might see short-term bearish pullbacks or consolidation before a bigger rally. The chart has highlighted key support levels to manage these fluctuations. Recently, the coin broke through several major resistance points, signaling a shift in market sentiment. 📚🎇
This change is significant, as the coin gains momentum, fueled by increased trading volume and rising attention on social media. Together, these factors suggest strong positive momentum for the coin’s future growth. 📚🙌
🧨 Our team's main opinion is: 🧨
A 45% price surge looks likely, with key support levels and growing trading volume signaling positive momentum after breaking resistance points.
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Bulls or Bears? Who’s going to be Top Doge!The market remains in a critical state, with key levels in play that will determine the next major move. The price has failed to break the .41 level, confirming the development of a 3-wave move up. This signals that the market may be entering a period of consolidation or correction, rather than continuing its upward trajectory.
Currently, the price has broken below key support and is facing rejection at this level. This rejection suggests that bearish momentum could be taking hold, with the potential for an impulse move down in the near future.
For bulls, the immediate focus is on reclaiming the .35 level. If the price fails to regain this level, the next potential target could be .28. Traders should remain vigilant as the market tests these crucial levels.
Key Levels to Watch
.35 Level
For bullish traders, reclaiming .35 is critical. If the price breaks back above this level, it would signal potential strength and might open the door for further gains. A failure to reclaim this level, however, could signal the start of a deeper pullback.
.28 Level
Should the bulls fail to reclaim .35, the .28 level becomes the next major point of interest with a potential of going deeper. This level could act as strong support, but a break below it may lead to further downside potential.
Potential for Impulse Down
At the moment, the market shows signs of a possible impulse move down, especially if the bulls cannot regain control above .35. If the price continues to reject at key levels, the market may quickly shift toward bearish pressure, with .28 coming into play as the next potential target.
DOGE | BTC | ATH Still Coming Like ETH and SOL, DOGE hasn't exactly made the dramatic ATH that Bitcoin has made - and we're still waiting for the glorious Altseason.
Like I explained in the previous idea, this isn't a bad thing and neither does it indicate the end of the bullish season - instead, it likely points towards a multi-month playout that eventually leads the Alts to new highs.
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BINANCE:DOGEUSDT BINANCE:BTCUSDT