DOGSUSDT trade ideas
DOGS 6X LONG: Strong, Fast Jump (658% PotentialโEasy)I saw this one and just couldn't contain myself, I had to share it with you. DOGSUSDT is about to make a strong move and we have a LONG lev. position open on this pair. I wanted for you to be able to also profit from the upcoming bullish jump.
DOGSUSDT is trading above EMA55 and volume went up strongly earlier this month. We also have marketwide bullish action across the Altcoins market to support this jump.
With that said, please keep in mind that market conditions can always change.
Full trade-numbers below:
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LONG DOGSUSDT
Leverage: 6X
Entry levels:
1) 0.0007500
2) 0.0006900
Targets:
3) 0.0007915
4) 0.0009275
5) 0.0011340
6) 0.0012110
7) 0.0012915
8) 0.0014128
9) 0.0015422
Stop-loss:
Close weekly below 0.0006700
Potential profits: 658%
Capital allocation: 4%
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This is a nice trade setup. The signals are good and the pair is trading above multiple support levels. Even on a drop, the setup can remain valid. One can adopt to market conditions.
This is good and high probability but still, not for beginners. Beginners are advised to look at spot trading, just buy and hold. Leveraged trading is high risk and can result in all money lost. This is not financial advice. Do your own research before trading.
I am wishing you success and great profits.
I do appreciate deeply your continued support.
Namaste.
Dogs/UsdtBINANCE:DOGSUSDT
๐จ **DOGS Price Analysis** ๐จ
- **Current Price**: 0.007242
- **Resistance Level**: 0.008200
- **Support Level**: 0.005600
๐ **Key Points**:
- **Resistance**: The next key resistance for DOGS is around **0.008200**. If the price can break and hold above this level, it may signal further upward momentum.
- **Support**: If the price starts to fall, the next major support level is around **0.005600**. If DOGS holds above this, we could see it bounce back.
๐ก **What to Watch**:
- **If the price holds above 0.007242**, it could push towards the resistance at 0.008200.
- **If the price falls below 0.007242**, the support at 0.005600 becomes crucial. A drop below this level could signal a further downtrend.
โ ๏ธ **Not Financial Advice**: Always do your own research and consider the risks before making any trading decisions.
DOGSUSDT"Dear crypto enthusiasts who missed our targets with Ripple, LINK, and AAVE, now is one of the best entry points for the DOGSUSDT coin. The current price is $0.0007295, and our target is $0.0011343, passing through the supply zones marked in red on the chart. Stop Loss is at $0.0005651. Good luck to everyone!"
#DOGS 1D. Symmetrical Triangle โ Key Levels Inside! 11/28/24Over the past week, I noticed that trading volumes for this token on Binance have risen to levels comparable to many popular tokens, both on futures and spot markets.
Currently, the price has formed a symmetrical triangle pattern on increasing volume, bouncing off the support level. This could indicate potential for further growth.
I plan to take profit on both spot and futures positions in the $0.010 - $0.012 range, as I donโt see value in holding beyond that. Setup is shown on the chart.
DYOR.
Trade Analysis: Long #DOGSUSDT
Overview
BINANCE:DOGSUSDT.P is currently showing promising signs of upward movement, supported by increasing buyer volumes and favorable order flow. With its low correlation to Bitcoin, it stands as an active instrument in the current market.
Setup Details
Entry Point: $0.0007765
Stop Loss: $0.0007172
Take Profits:
TP1: $0.0008245
TP2: $0.0008795
TP3: $0.0009573
Technical Background
A cascade of liquidity levels above the current price will serve as fuel for a bullish breakout.
A false breakout from the channel reflects seller weakness, confirming a bullish bias.
Execution Strategy
Anticipate a price squeeze toward the level, followed by local consolidation on lower timeframes (e.g., 5-minute). Enter on breakout confirmation and place a stop-loss behind the range to minimize risk.
Key Takeaways
This trade is set up for a short-term breakout, with risk parameters clearly defined. Always ensure proper risk management before entering any position.
DOGS more gain Hello and greetings to all the crypto enthusiasts, โ
In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Dogs, ๐๐ฃ
DOGS is a new type of token, similar to other recent projects like Homestar and Notcoin, which are part of the new generation of cryptocurrencies. These tokens are being launched and promoted in innovative ways, with heavy reliance on social media platforms from the very start. ๐๐ก
While other tokens often use social media for building communities and advertising, DOGS and similar tokens are essentially built around these platforms, making them more integrated with digital communities. Given their strong social media presence and unique approach, Iโm personally optimistic about their future, especially for beginners exploring this new world of tokens. This trend represents a shift in how tokens are developed and marketed, offering fresh opportunities for newcomers in the space. ๐๐
Based on the chart, we are witnessing a significant increase in trading volume, which suggests growing interest and activity around the token. Additionally, the price has broken through key resistance levels to the upside, indicating a potential upward trend. This breakout is a positive sign, as it often precedes further price gains. ๐โจ
Given the combination of rising volume and the technical breakout, we can expect to see more upward movement and potentially greater profits in the near future. This technical analysis supports the optimistic outlook for the token's growth. ๐โ
๐งจ Our team's main opinion is DOGS is a new token, similar to Homestar and Notcoin, gaining popularity through innovative social media-driven promotion. With rising trading volume and a breakout above resistance levels, the token shows strong potential for future growth and increased profits. ๐งจ
Thank you for your attention. If you have any questions or comments, Iโm here to respond to you. ๐๐ก
Technical Analysis of DOGS/USDT ChartKey Observations:
Cup and Handle Pattern: The chart suggests a potential cup and handle formation, indicative of bullish sentiment. This is a continuation pattern often preceding upward price movements.
Support and Resistance Zones:
Immediate support is observed in the pink highlighted zone around 0.0006600.
Resistance is evident at 0.0008315, aligning with the cupโs rim.
Price Action and Potential Breakout:
Price currently consolidates after testing the rim of the cup. A pullback into the pink handle zone may precede a breakout.
A successful breakout above 0.0008315 could lead to new highs in the short term.
Trendlines and Trajectory:
The ascending curve shows a gradual strengthening of bullish momentum.
Two upward projections suggest possible paths for the breakout, contingent on volume and market sentiment.
DOGS/USDT Bullish Setup BINANCE:DOGSUSDT Since launch on Binance DOGS was in Downtrend. The first time it broke the trend and Volume is increasing (A good Sign for a Breakout).
On 1Day Timeframe Price is making inverse Head&Shoulder which is a Bullish Pattern. Once the Neckline is broken, it could FLY!
If you trade on Spot, it's time to start buying and if you are a Future trader keep an eye to look for your entries on smaller timeframe setups!
GOOD LUCK!
DOGS/USDT Technical Analysis: Anticipating a Bullish ReversalThis chart demonstrates a potential bullish scenario for DOGS/USDT on the 1-hour timeframe, as price action consolidates within a critical demand zone, showing signs of a reversal. Hereโs the breakdown:
Price Structure: The price has formed multiple Quasimodo Levels (QMLs), with QML1, QML2, and QML3 indicating a strong demand zone in the highlighted purple area.
Demand Zone: The region around $0.00005700 - $0.00005950 has acted as a key support zone multiple times, confirming its strength.
Engulfing Pattern: The "engulfed" area highlights the previous aggressive move upward, showing strong buyer interest in this region.
Break of Trendline: A descending trendline was breached during the last bullish move, further confirming a shift in momentum.
Bullish Scenario: A successful bounce from the QML3 area could lead the price to test higher resistance levels around $0.00007000 and beyond.