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DOGEUST trade ideas

DOGE FRACTAL : Don't Lose Hope! BEST YET TO COME DOGE has been trading undeniably bearish over the past few weeks, as we see significant signs of bearish price action: - 📉 lower highs - 📉 lower lows However, if we take a look at a fractal that played out between Dec 2023 - Feb 2024, there is definitely a chance for a PARBOLIC PUMP. Watch this short video to find out how (there are TWO SIGNS we need to see on the chart BEFORE we can seriously consider this). Make sure you catch my update on Bitcoin, because ultimately BTC determines the direction of the market. Therefore it's vital to watch the trendsetter! ________________________ BINANCE:DOGEUSDT
by CryptoCheck-
DOGE/USDT Set to Skyrocket or SinkThe DOGE/USDT pair is now in a bearish trend, with price action forming a descending triangle pattern on the daily chart. This pattern is identified by the construction of lower highs, showing a consistent loss of bullish momentum, and a horizontal support zone also maintains the price. The upper boundary of this triangle is marked by a descending trendline, which provides strong resistance. As the price reaches the triangle's top, it is ready for a strong upward or downward move depending on the breakout direction. The key support levels on the chart support zone (Green) at $0.09018 - $0.09458. This zone has proven to be a strong floor for the price, and a break below this area could signal a bearish continuation. Should the support give way, the next notable level to watch is $0.08050, which is a previous low. If bearish momentum continues, the price could further descend toward the $0.06640 mark, representing a significant drop from current levels. On the flip side, if DOGE manages to break above the descending trendline and sustains a move above the resistance level at $0.11330, it would indicate a shift in market sentiment towards bullishness. The first target in such a scenario would be the resistance at $0.14935, a level that previously acted as a barrier for price action. Beyond this, the next significant resistance zone (Blue) at $0.18906 - $0.20357. These levels are crucial as they represent areas where selling pressure could re-emerge, potentially capping any bullish rallies. DOGE is at a critical juncture within its descending triangle pattern. Traders should monitor the price closely as it approaches the support and resistance levels. A breakout from this pattern, either to the upside or downside, will likely dictate the next major trend for the pair. The overall market sentiment, along with volume and momentum, will play a crucial role in confirming the direction of the breakout.
by TheCryptoCity
Doge history repeats itselfPump vol1 and vol2 are the same, only the volume difference. The liquidation to this pump is also almost exactly the same as seen today. It can be seen that history repeats itself and almost exactly the same way. With this historical comparison, it is not likely that the doge will move above the light blue line, before the yellow area. more voluminous coins can drop -50%.' Hoping that the doge will make you rich and that it will go up to $1 (or above 23 cents)? because x.com, tiktok and pointless news and other tw's analysis said so? The situation is shit and this is my vision compared to history AND IT COULD BE WRONG.
Short
by MoralDisciple
11
Did DOGE fail?A quick recent history of me and DOGE: I pointed out this accumulation-like structure multiple times months ago. I was a firm believer that it was about to do its real move. We had a move that right now looks like a fakeout, unfortunately. Anyway I sold months ago again then I bought some little amounts of dog coins including DOGE luckily at the very dip of this last dump, but, is it actually a failed pattern? In my opinion, it looks like a failure atm. For very long-term, let's say 3-4 years, I still believe DOGE is likely to do a big favor to the hardcore fans. I mean in this scenario on the chart for example, imagine buying DOGE at 0.03 next year, and holding it for 2 years afterwards? That is not something easy to do. To summarize, I think there is a scenario where DOGE goes below the "accumulation" level. But will it be the end of it? It was a joke anyway? I don't think so. I mean yes it is a joke. But at least not a joke as bad as Bitcoin lol. So practically, I am very cautious about DOGE atm. For all risk markets to be honest. Rest of the year and 2025 might be real bad. But again for the long-term, I think DOGE has a cultural value and the chart might prove that.
by mitsandwits
DOGECOIN / CONTINUES RANGE MOVEMENT - 4H DOGECOIN / 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 0.09 . Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 0.09 turning level , it is likely to move upward toward the resistance levels of 0.10 and then 0.11 . Downward Condition : To reach the 0.08 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 0.09. If it stabilizes below support level (1) , a further decline toward the support level (2) at 0.07 can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 0.11 . RESISTANCE LEVEL (2) : 0.10 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 0.08 . SUPPORT LEVEL (2) : 0.07 . TURNING LEVEL : 0.09 .
Long
by ArinaKarayi
Dogecoin (DOGE) rally is possible?Dogecoin (DOGE) price correction from last week’s peak triggered a spike in long position liquidations, with traders losing $1.48 million against only $55.85k short positions liquidations. The downtrend implies that DOGE is back to where it was on Friday amid increasing chances of extended correction. Dogecoin price sits below the 20-day Exponential Moving Average (EMA) after failing to break above the 50-day EMA resistance at $0.1127. Sellers have the upper hand at the moment motivated by the Relative Strength Index (RSI) retracement in the neutral region to 45. Should the RSI drop toward the oversold region, DOGE will overshoot short-term support at $0.1, advancing to seek liquidity at $0.1. Dogecoin price prediction suggests that as long support at $0.1 holds, a trend reversal is highly likely. Moreover, the falling wedge in the daily range promises a 71.5% breakout to $0.18 if validated. A falling wedge is a bullish reversal pattern validated by a breach of the trend line resistance. Traders will place buy orders above the breakout point and set the stop loss below the trend line. A rapid increase in trading volume will add credence DOGE price uptrend.
Long
by paul_endeo
1
Dogecoin | Last Bearish Chart Before The Bull-RunEverything that has a beginning, must have an end. By now, it feels and seems like the correction has been going forever but truly, it's been only five months. Here the chart is showing the potential for one more drop, one more lower low and then we can witness some change. Good afternoon my fellow traders, how are you feeling in this beautiful Monday? Are you not tired of seeing so much red/down, bearish/negative action across the Cryptocurrency market? Are you not ready for growth? I am both; tired of seeing the market going down, I am ready for growth. While the bigger part of the year has been red, the good news is that everything that has a beginning, must sooner or later come to its end. The correction is ending. Dogecoin has been going down, down, down and then some more, but this is about to change. We see bearish momentum growing, only intensifying but volume is weaker in August compared to March, which signals that the bottom of the correction is very close. Once the bottom is hit, a lower low, we will experience sustained, long-term growth. As usual, let's consider the positive side; a strong drop will open the doors for new players, new participants, new buyers; lower prices. The market will remove all bad players, all doubt and all the weak hands. Once the correction is over, only the strong, serious and long-term players will remain. Those remaining will be the winners come the next bull-market phase. We are likely to experience a new All-Time High in 2025. Patience is key. Stay strong. Thank you for reading. Namaste.
Short
by AlanSantana
9
DOGEUSDT / TRADING INSIDE DESCENDING CHANNEL - 4H DOGEUSDT HELLO TRADERS Tendency , the price is under bullish pressure , until trading above turning level at 0.094 . Turning Level: The price is currently trading above this level around 0.094 . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 0.084 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 0.094 . If the price reaches 0.084 , and stabilizes below it, it will likely attempt to reach support level (2) . support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 0.077 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 0.068 . Resistance Level (1): As long as the price remains above the turning level of 0.094 , it suggests a rising towards 0.113 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 0.126 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 0.135 . Channel Trend: the trading rate within the descending channel . TARGET LEVEL : RESISTANCE LEVEL : 0.113 , 0.126 , 0.135 . SUPPORT LEVEL : 0.084 , 0.077 , 0.068.
Long
by ArinaKarayi