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DOGECOIN / WRAPPED BNB on BSC (0xd777Cb8471D06835846c80246A42580483E1a0C5) in USDDOGECOIN / WRAPPED BNB on BSC (0xd777Cb8471D06835846c80246A42580483E1a0C5) in USDDOGECOIN / WRAPPED BNB on BSC (0xd777Cb8471D06835846c80246A42580483E1a0C5) in USD

DOGECOIN / WRAPPED BNB on BSC (0xd777Cb8471D06835846c80246A42580483E1a0C5) in USD

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DOGEWBNB_D777CB.USD trade ideas

DOGE- midway through rising wedge, two more major breakoutsWe're midway through a longer-term rising wedge pattern signaling a bearish reversal for some consolidation to pick up later in the year. However, within our shorter term bullish cycle we're mimicking the falling wedge (bullish reversal) pattern we saw between the 14th-20th of March, that broke out around the 21st for a run-up to .23. We're seeing this same pattern repeating that started around march 29th, looking for another run up in the next 24 hours(April 3rd-4th), followed by a slight consolidation around .205 on the 8th-9th of April before our second run-up to .26-27 around 15th of April. Based on this trend we should start to see our rising wedge fall into a bearish reversal around the 23-24th indicating a longer term consolidation (2-3 months) with some volatility in June leaving us trading sideways building up a new floor around .12-16 for the duration of the summer into fall as we prepare for another major breakout in October-November (.36-.42) depending on what June looks like.
CRYPTO:DOGEUSDLong
by substantialFer28213
3
Dogecoin - Facts & targets analysisWe see following facts: 1) Facts for go down: The probability that we will go down is higher than vice-versa. You can see this on 2W time frame; According to Elliot waves principle the Triangle appears in the wave 4 position, more frequently than vice-versa. Moreover the target of this triangle formation is already reached; DXY is rising, there are prerequisites for continuation of this movement; 2) Facts indicating go up probability: Every time when Dogecoin SMA 280 & 938 crossed each other we have seen pump! The first pump was in 2016 Aug +9000%. The second pump was in 2020 Nov +27000%. In case of confirmation of the crossing we could expect growth comparable to the first pump. In case of go down the bottom is around 0.008; I personally do not care which scenario will work out, because ready for both scenarios, by managing orders volume & risk/profit ratio. Hope you too. Good luck everybody and have massive profit.
CRYPTO:DOGEUSD
by dogecoin_chain
Unleash the DOGETechnicals: CRYPTOCAP:DOGE has broke through a Major Support of $16 and looking to fetch higher towards all time highs The Dogecoin community remains active and engaged, with numerous developments and initiatives that could potentially drive the coin's value higher. For example, there have been discussions about the potential implementation of Dogecoin payments on X (twitter), a social media platform owned by Elon Musk. Such developments could increase the utility and adoption of Dogecoin, leading to a surge in its price.
CRYPTO:DOGEUSDLong
by EgideSimba
2
DOGEUSD Dogecoin pulling back to add LONGDogecoin on the 60 minute chart has been in a good trend up for more than 36 hours. Moving averages have been diverging but price is now falling in a pullback to the SMA21 and EMA21 while the EMA 50 continues to trend higher. The relative strength look back is solid green. I see this as an excellent point to add to Dogecoin with the risk being the market cap leader Bitcoin loses momentum and takes Dogecoin and others sideways or down.
BINANCE:DOGEUSDLong
by AwesomeAvani
DOGE | TIME FOR A RALLY? | LONGDogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
BINANCE:DOGEUSDLong
by DivergenceSeeker
Doge Bull Run ProjectionsAs alt coins gear up for the next market cycle Doge coin has seen alot of hype over the potential use case with twitter. The chart is the ultimate culmination of all buying, selling and the cycling there of. Twitter or no twitter Doge along with many other alts are leveling off and exposing their momentum. Applying current cycle price action to average market cycles produced by similar action we can begin to make some possible projections. This chart is a weekly line chart showing the current rate of progression matched up with the past outcome of similar action.
CRYPTO:DOGEUSDLong
by Degen-Dynasty
16
Dogecoin (DOGE/USD) Technical AnalysisFormation: The DOGE/USD pair has formed a rising wedge pattern on the daily chart, indicating a consolidation with an upward bias. Ichimoku Cloud: The price action remains above the Ichimoku cloud, signaling a bullish presence. The Tenkan-sen (turning line) has sustained above the Kijun-sen (standard line), maintaining a bullish crossover. Fibonacci Retracement: The retracement levels anchor at recent swing high and low points. The currency has tested and rebounded from the 38.2% retracement level at approximately $0.17337, suggesting a possible support level. Moving Averages: Price candles continue to trade above the critical 9-day and 26-day Exponential Moving Averages (EMAs), which act as dynamic support levels. The bullish crossover of these EMAs signifies a positive trend. Volume: Recent volume bars show a decline during the consolidation phase, which may indicate a lack of commitment from either bulls or bears, hinting at potential volatility ahead. Relative Strength Index (RSI): The RSI is hovering around the 60 level, suggesting a strong momentum without immediate overbought conditions. Support and Resistance Levels: Immediate resistance is seen near the upper trend line of the wedge, while support levels align with Fibonacci retracement markers and the 50-day EMA. Market Sentiment and Outlook: The market structure for Dogecoin against the USD suggests a cautious bullish outlook as the price navigates within the confines of a rising wedge. Traders should be vigilant for a potential breakout or breakdown from this pattern. The confluence of technical indicators leans towards an optimistic sentiment, but the diminishing volume warns of reduced conviction and the possibility of a trend reversal. Given the current position above the Ichimoku cloud and EMAs, alongside the RSI not signaling overextension, the immediate trajectory favors the bulls. However, a close watch on the volume and any bearish divergence on the RSI could foreshadow a change in the tide. Trade Strategy: Bullish Scenario: A decisive close above the wedge may accelerate gains, with targets at the next Fibonacci extension levels. Bearish Scenario: Should price break below the wedge and the cloud support, a reevaluation of bullish commitments would be necessitated, with potential short opportunities down to the next significant support levels. Risk Management: Traders are advised to employ rigorous risk management protocols, setting stop-loss orders below the rising wedge's lower trendline or the most immediate support level to mitigate potential downside risks. As always, this analysis should be incorporated into a comprehensive trading plan that considers broader market conditions, news, and fundamental analysis. Monitor for any shifts in market sentiment or macroeconomic factors that could impact volatility and price action. Conclusion: Dogecoin’s technical posture offers a cautiously optimistic outlook for the near term, backed by a series of bullish technical indicators. Nevertheless, traders should remain agile, responding to price action cues and volume changes, as the dynamics within the confines of the rising wedge pattern unfold.
COINBASE:DOGEUSD
by AxiomEx
DOGE/USD UPDATE: Navigating Entries and Downward TrendWelcome back, gang!! It's time for a quick update on our DOGE/USD trading analysis. Buckle up as we delve deeper into the daily and 4-hour timeframes, uncovering major structural zones and trends that are shaping our next moves. Upon closer inspection, we've identified key structural zones and downtrends, aligning them with Fibonacci levels from the previous leg. Zooming in on the daily chart, we see price touching the 50% mark or the $0.17 level. However, here's the kicker – we're currently below the daily structure and fib level, indicating a continuation of downward pressure. The 4-hour timeframe confirms this with lower lows and highs, solidifying the downward trend. Now, here's the game plan: We need to keep a close eye on price action for the next 1-3 days to determine whether the current level will serve as a loading zone or if we'll break support of the monthly structure, ushering in further downward momentum towards our previous entry zone as mentioned in the previous analysis. Patience is key, my friends. For those brave souls willing to risk it all, you might consider implementing a martingale trading system. But remember, it's not for the faint of heart. On the flip side, dollar-cost averaging (DCA) remains a rock-solid strategy, especially for those who fear missing out on potential rallies from here. However, if you're not feeling it, there's no shame in sitting this one out – missing an opportunity is always better than suffering losses (especially if you're trading versus investing). So, gear up, stay vigilant, and may the trading gods be ever in your favor! Keywords: DOGE/USD, trading analysis update, structural zones, downward trends, Fibonacci levels, daily timeframe, 4-hour timeframe, loading zones, support levels, trading strategies, martingale system, dollar-cost averaging, risk management, trading versus investing.
BINANCE:DOGEUSDLong
by PlutusX
2
Dogecoin on weekly and hourly charts💥Hello, guys! ☺️Today let's take a look at two timeframes of Dogecoin: the weekly and hourly. We'll try to determine the price movement in the short-term, medium-term, and long-term perspectives!💪 🐕Dogecoin is a coin that evokes mixed emotions: some adore it, some hate it. Some have become very wealthy because of it (like Elon Musk, for example, haha😄), while others have lost a significant amount of their wealth (Hi, Elon🤨). The most important thing is not to succumb to the hype and not to buy the coin, when it is clearly overbought . Let's take a look at the weekly Dogecoin chart. What can we see there? ✔️Adding the RSI indicator to the chart, we can clearly see, that the coin is overbought , which is not the best signal for buying. It needs some rest. 😌 🟣 My advice : place several buy orders in the range of 0.097 - 0.139 and don't rush. Just observe. That's for the long term perspective ! Now, let's look at the hourly chart and see what awaits us in the short-term and medium-term perspectives for Dogecoin. What do we see here? 🧐A channel has formed (since the end of February). And the price is confidently moving within this channel. It can be assumed, that in the near future, we may see the Doge price at the support of this channel at approximately the 0.16 mark. Friends, how do you feel about Doge? Love it or hate it? Let's discuss in the comments! Thanks for Your attention🫶 Always sincerely yours, Kateryna💙💛
POLONIEX:DOGEUSDShort
by RocketBomb
3