Doge heading to 20 cents on breakoutLong doge on breakout, descending wedge, and I expect most of the meme money made in the past few days to flow back into meme majors such as doge, shib and floki.
DOGEUST trade ideas
With break patternHere is an analysis of the Dogecoin (DOGE/USDT) chart📊
Key Levels:
1. Support Base : Around 0.09371 USDT , this area acts as a significant support where the price has previously bounced back. 🛡️
2. Resistance Levels :
- The chart shows 0.10791 USDT (marked as TP-2) acting as a resistance point, which has been tested several times. ⚔️
- Higher target levels (TP-3 at 0.11360 and TP-4 at 0.12016) indicate potential for bullish movement if the price continues upward. 📈
Pattern:
- Again Pattern : The chart highlights an "again pattern," suggesting a potential repeating price structure near the 0.10791 USDT resistance zone. This could be a reversal or rejection point. 🔄
- Trendlines : A downtrend is drawn from the top near the resistance, connecting lower highs, making it a critical point to watch for a breakout. 📉
- Consolidation : Price seems to be consolidating near the trendline, which typically indicates a potential breakout. 🔍
Potential Strategy:
- Entry Point : Current price around 0.10223 USDT shows consolidation near a key trendline. A breakout above this trendline could signal a bullish move. 🚀
- Risk/Reward : The suggested "Save profit in R/R=2" indicates a risk-to-reward ratio of 2:1, targeting higher levels (TP-1: 0.10541, TP-2: 0.10791). 💰
- Stop Loss : The red zone around 0.10059 USDT indicates a stop-loss area, below the current consolidation, protecting against downside risks if the price fails to break out. ❌
Conclusion:
This chart presents a bullish outlook if Dogecoin breaks above the trendline. A potential breakout could lead to targets near 0.10791 USDT or higher. However, caution is necessary if the price drops below the 0.10059 USDT stop-loss level. ⚖️
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📊 Analysis by AhmadArz
🔍 Entry : 0.1035
🛑 Stop Loss : 0.1005
🎯 Take Profit : 0.1054, 0.1077, 0.1136, 0.1201, 0.1260
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DOGE Falling Wedge Structure is a beauty!Would be great to catch a weekly higher low for an entry.
Somewhere below 10cents
GL HF
Long Setup on DOGEUSDT / (Volume projection)BINANCE:DOGEUSDT
COINBASE:DOGEUSD
Mid-risk status: 5x-8x Leverage
Low-risk status: 3x-4x Leverage
👾Sorry, TP1 already realized.
⚡️TP:
On the chart
➡️SL:
0.01205
🧐The Alternate scenario:
🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
Please Like and Leave a comment, Let me know what is your idea on this setup!
DOGEUSDT.1DReviewing the Dogecoin (DOGE/USDT) daily chart, here’s a detailed breakdown of the current market situation based on the displayed technical indicators and chart patterns:
Key Resistance and Support Levels:
Resistance 1 (R1) at $0.12728: This level appears to be an immediate hurdle for the price. If DOGE can break above this level, it may encounter less resistance moving towards the next significant barrier.
Resistance 2 (R2) at $0.14527: A break above R1 might see the price aiming for this level, which has previously acted as a strong resistance point.
Resistance 3 (R3) at $0.17038: This represents a more ambitious target and would require considerable bullish momentum to reach.
Support 1 (S1) at $0.09776: Currently acting as the floor for price dips, a breach below this could lead to further declines, testing lower support zones.
Current Price Action:
The price is consolidating around R1 after some volatile movements in previous months, indicating a potential accumulation phase or uncertainty among traders.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line but both are trending upwards, suggesting that bullish momentum might be building slowly. It’s important to look for a crossover above the signal line for confirmation of increased buying pressure.
RSI (Relative Strength Index): The RSI is at 56, which is neutral and indicates that there is room for price movement in either direction without the asset being overbought or oversold.
Volume:
Not visible on the chart, but volume analysis would be crucial to validate any potential breakout or breakdown from current levels.
Conclusion: Based on the current setup, it seems prudent to adopt a cautious approach with an eye for a potential breakout above the immediate resistance at $0.12728. Traders should monitor for a confirmed MACD crossover and an RSI that stays within the neutral range but trends upward. This could potentially lead to testing higher resistance levels. Setting stop-loss orders below S1 would help manage risks associated with a potential downturn. It's also advisable to keep an eye on market news and sentiments as they could heavily influence price movements in cryptocurrencies like Dogecoin.
DOGEUSDT the pump started as we promised and more is ahead Soon more bull candles will appear and we are looking for more pump here and our first target is +100% which is also easy to hit after that dump and rest which we had.
DISCLAIMER: ((trade based on your own decision))
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Dogecoins short short term trading plan for crypto altcoin dogecoin , will take profit on appropriate levels
DOGE Price Analysis Dogecoin (DOGE) Analysis
Dogecoin (DOGE) has been consolidating after a significant decline from the $0.14373 level down to a low of $0.08019. The price is currently hovering around the $0.10587 mark, just below the resistance zone (Green) at $0.10800 - $0.11099, with the downward trendline still intact.
The price is trading under the descending trend line for approximately 31 days. The price has to break above from this descending trend line and resistance zone (Green) at $0.10800 - $0.11099 for moving upwards.
Despite some recovery from the lows, DOGE is struggling to break through the resistance zone (Green) at $0.10800 - $0.11099 , indicating that buying pressure remains weak. The price action suggests that DOGE is at a critical point, as it trades near key resistance levels.
If DOGE fails to break above the resistance zone (Green) at $0.10800 - $0.11099 and the descending trendline, it may face further downside, potentially retesting the $0.10208 support level. A break below this level could lead to a continuation of the bearish trend, pushing DOGE toward the $0.09395 and $0.08674 support levels.
Traders should monitor the resistance zone (Green) at $0.10800 - $0.11099 and trend line closely, as a break above it could signal a potential bullish continuation, while a rejection may lead to a retest of lower support levels.
Dogecoin (DOGE): brief price analysisDOGE attempted to rise above the 20-day EMA ($0.10) on Aug. 20, but the bears did not relent.
However, the bulls have not given up and are again trying to drive the price above the 20-day EMA on Aug. 21. If they can pull it off, the DOGE/USDT pair may rise to the 50-day SMA ($0.11) and after that to the downtrend line.
Instead, if the price turns down from the 20-day EMA, it will suggest that the sentiment remains negative, and traders are selling on minor rallies. The selling could accelerate if the pair breaks below $0.09.
SasanSeifi| Short-Term and Long-Term Insights (DOGECOIN 4D)Hey there, In the long-term four-day timeframe, the price faced significant selling pressure after a slight rise from $0.14, breaking through the $0.095 support and dropping to a demand zone around $0.081. Currently, the price is trading around $0.107.
In the mid to long-term, further correction to levels between $0.070 and $0.060 is possible. However, in the short term, we might see a minor up tick to around $0.118 to $0.12.
The suggested scenario is that after this short-term rise, the price could potentially retrace back to levels like $0.09. For a more accurate trend analysis, it’s essential to watch how the price reacts to key resistance levels. If it breaks and holds above the EMA 60 and the $0.125 level, there could be significant further growth.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
TRADE ON DOGE/USDT WITH BEARISH GARTLEY PATTERN.Here DOGE/USDT on 1 HOUR TF making a bearish harmonic pattern GARTLEY and ready to reverse from PRZ. If the Trend successfully reverse from PRZ and gets mature with LH & LL then we will short.
Dogecoin (DOGE): Keeping Eye On 200EMAWe are back with Dogecoin, where we are looking at that 200 EMA in a 4-hour timeframe.
We see that indicators have stabilised and the price of DOGE is not in oversold so we are looking for a possible rejection from EMA. If we see it, we should be seeing a good downward movement to lower zones!
Swallow Team
DOGEUSDT shortWe have a nice rejection down breakout out from a nice support , giving us a nice fvg on the m30 , i will potentialy look for a sell to 0.1000 😁
LONG #DOGEUSDTLONG #DOGEUSDT
There is an active buyer on the coin, who, with bursts of volume, once again presses the price to a clear resistance level, behind which are the stops of the participants' shorts. Also, at the moment, there is a strength of buyers in actively pushing the price under the level.
I will consider the breakdown of resistance on the volumes and acceleration of the tape of transactions in the glass.
1TP — 0,10626
2TP — 0,10666
3TP — 0,10717
DOGE/USDT Projecting future move basing on previous cycleProposing hypothesis is:
1. Previous cycle's movement chart may be used to forecost future price movement;
2. If first hypothesis is true, then we will be entering wave #1 according to Mr.Elliot's theory.
It is only for observation purpose only, do your own research.
(Update) !!! DOGE daily Chart Analysis : Bull or Bear ? (READ)BINANCE:DOGEUSDT is forming a falling wedge on daily timeframe , Up we go if we do breakout.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅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!!
Doge daily chartRight now doge is finding himself in the red resistance area that is trying to push the price down. Ideally it will break out of the red area stay on top and use that as resistance and go in the worst case scenario up on the green arch, if that fails it`s most likely going to go to new lows.
Targets are signaled by lines, each target can represent a huge rejection point.
Here is one of my private charts for BTC from a few years ago, it played out peaty good
#DOGEUSDT long Trade setupDOGEUSDT broke out of falling wedge in STF and holds support of EMA.
Long Futures trade setup:
Entry: CMP to $0.10161
Target: $0.104, $0.106, $0.1078, $0.1099, $0.113
SL: $0.0999
Happy Trading!!
Looks GoodSend it. 200 MA on the weekly support
Don't feed the bears around here. It's time. GL
DYOR
STRONG PUMP for DOGE!!! Strong buy signal!!! +180% !!!Everything is clear in the chart
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DOGEUSDT major support zone valid wait for pumpAs we can see we have two strong daily support and soon we are looking for a huge pump here after that dump we had also targets are mentioned on the chart too.
DISCLAIMER: ((trade based on your own decision))
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DOGEUSDT ( REMAIN ABOVE TURNING LEVEL ) ( 4H )DOGEUSDT
HELLO TRADERS
in the last chart as mentioned if the price breaking turning level active the upward trending , currently price remain above a turning level .
Tendency, the price trading above turning level at 0.099, this makes the upward direction active.
Upward Zone : currently the price remain turning level at 0.099 , until the price trading above this level we can see strong upward trending to reach resistance level (1) at 0.115 , then by closing 4h candle above it reach resistance level (2) at 0.128 .
Downward Zone: by breaking turning level around 0.099 , the price dropping to reach a support level (1) at 0.091 , to confirm downward , the price need breaking 0.091 by open 4h candle below it to reach a support level (2) at 0.080 .
TARGET LEVEL :
RESISTANCE LEVEL : 0.0115 , 0.128 .
SUPPORT LEVEL : 0.091 , 0.080 .
DOGE: The bearish pattern is intact - Rising Wedge PatternDOGE: The bearish pattern is intact - Rising Wedge Pattern
From our previous analysis the price completed a bearish wedge pattern and looks ready for another downward move.
We expected the price to rise up to 0.1050 but the correction extended up to 0.1089
Doge is positioned again for the bearish move.
Once the price moves below 0.1000 a, the downtrend should resume again and we can
see DOGE test 0.08450
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
