DOGSUSDT trade ideas
DOGS Eyes Key Support Levels as Market Momentum ShiftsThe latest analysis on BINANCE:DOGSUSDT on the 1-hour chart reveals potential trading opportunities as key support and resistance levels come into play. With prices navigating a tight range, recent trends suggest a cautious optimism in the market.
The 9-period and 20-period EMAs indicate that while upward momentum is building, it hasn't fully overtaken the recent downtrend. A potential bullish crossover could trigger fresh buying activity, pushing DOGS toward resistance levels at $0.0005141 and $0.0005247.
Additionally, the MACD shows signs of increasing buying momentum, while the RSI is approaching a critical midpoint. If it surpasses 50, it may signal a stronger bullish trend, favoring long positions.
Traders might consider entry points around the $0.000498 support level for long positions, with targets at $0.0005141 and $0.0005247. Conversely, short positions may be viable around the $0.0005141 resistance level, especially if the RSI indicates overbought conditions.
DOGS New Update (Looks Bearish - 4H)Based on the data we have so far from DOGS, it appears that a diametric pattern is forming.
Ever since this wish was listed, it has had negative waves.
This telegram dog can have more drops by maintaining the red range and until this diametric is finished, price growth is not expected from DOGS.
After wave E, waves F and g also remain, which shows that DOGS can remain bearish for weeks.
Note: This is just a point of view. To make a decision in your trades, you should check and decide for yourself
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
DOGS: Testing Resistance within Downward Channelhello guys.
Downward Channel: The chart shows DOGS/USDT moving within a descending channel, indicating an ongoing bearish trend.
Current Rebound: The price is currently bouncing back toward the upper boundary of the channel but is facing a resistance zone around $0.00065–$0.00070, which aligns with the channel’s resistance.
Possible Rejection: A rejection from this resistance area could signal a continuation of the downward trend, with the price potentially heading back to lower levels within the channel.
Breakout Potential: If DOGS/USDT can break above the channel and maintain support above this resistance zone, it could suggest a potential trend reversal or short-term bullish momentum.
Outlook: Watch for price action around the resistance zone. A clear rejection could lead to further downside, while a breakout may open up opportunities for an upward move.
$DOGS Long Trade
**🎯 Entry:** 0.00062 – Positioned for potential upward movement.
**📈 Targets:** 0.0006585, 0.00075 – Key levels to aim for profit-taking.
**🛑 Stop Loss:** 0.0005845 – Protect your downside with this stop.
💡 Risk management is crucial – always adjust your position size to match your risk tolerance and stick to your stop loss to safeguard your capital.
$DOGS ARE GOING TO THE VET! IT TIME FOR A RELIEF PUSH DOWN :OBINANCE:DOGSUSDT.P
1. Wave Analysis
We are currently in a *B-wave down* based on Elliott Wave theory. The price rejections from key support and resistance zones confirm this.
Key Level: 0.0007176 was the major rejection point, signaling a move lower to form a "Lower High"
2. Trend Overview
- The downtrend started on **October 14, 2024**, resulting in a **-21% loss** from today's price.
- This is a memecoin, and despite the "Month of Memecoins," it's underperforming. **Not surprising**, as original projects often lose value when new competition arises.
3. Risk Factors
- "Be cautious." Price moves could be **fast and abrupt** due to political news, FOMO, and market sentiment.
- Altcoin correlation: When altcoins drop, they tend to fall together. Expect volatility across the board.
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( -_•)Entry Price: 0.0006862
❌🛑Stop Loss: 0.0007178
🪙Take Profit: 0.0006001
DOGS coin can achieve +400%As we can see we have two scenarios
Green scenario: where we can see a good breakout of the downtrend from the current area and achieve a 400% rise
Or
Red scenario: where the correction can continue with a -25% fall until we reach the 0.00085 area and then achieve a +500% rise from there
Anyway, I expect a good rise in both scenarios
Good Luck
DOGS/USDT in an Ascending Channelhello guys.
let's analyze DOGS!
Ascending Channel Structure: The price is moving within an ascending channel, indicating a long-term bullish trend.
Reachable Resistance Area: The price is approaching a reachable resistance area between 0.0000770 and 0.0000800 USDT, which could act as a ceiling for further upside moves.
Potential Retracement: After testing the resistance zone, the chart suggests a potential retracement towards a lower support zone around 0.0000650 USDT, marked as the next reachable area.
QML Zone (Key Level): The current price action shows a possible push upward toward the resistance. However, if the price fails to break above, it may return to the QML zone around 0.0000740 for consolidation before deciding on the next move.
Risk of Reversal: If the price breaks below the QML level and fails to hold, it could target the lower boundary of the ascending channel and test the broader support around 0.0000650 USDT.
DOGS. H4. On the accumulation lineThe coin dropped to the fibo level of 1.115. This expansion can become like a support and become a level of accumulation. The accumulation/distribution indicator stays in a horizontal structure for several days against the background of a price decrease, this is an indirect sign of buying an asset before the price momentum goes up.
Return of growth from current levels of at least 100%
Do not violate the MM rules, use 0.5% of your balance in each asset for long-term investments.
Why bearish DOGS can be poised for breakoutDOGS price is facing massive bearishness, but the bulls are constantly trying to raise the momentum. After rising from the lows, the price is maintaining a consolidated ascending trend within a symmetrical triangle, which could result in a breakout soon.
The volume has been plunging consistently, suggesting the bears are extracting the profit, which may soon get exhausted. The market sentiments are expected to flip in the coming days, which could revamp a strong ascending trend and break from a decisive phase towards the north. With this, the DOGS price is expected to rise above $0.00081 and, after securing the above newly formed support, the token could head towards $0.001 soon.
DOGS -I can't believe I'm posting thisToday I had a realization that I have been underestimating minimapp apps especially Tap games on Telegram
NOT,DOGS,CATS,Hamster Combat and others.
I will tell my opinion one by one on the issue of TAP games, click and earn.
- It's a nonsense, I will not do it, everyone will be cheated, nothing will be given.
-I told you they gave very few tokens.
-See, this shit's going down.
I didn't even have a section of tap app tokens on my watchlist.
But if you look at it this way.
- Decentralized token distribution
-All tokens in the market.
-Big community.
- Hate from people like me = no position dialing no pressure on orderbook
Opportunity to make fomo and steady growth and further liquidation of shorts who will be looking at multi-billion dollar capitalization
-No VC
DOGS added to coin-m on binance is a bullish signal for me.
I would say that DOGS is a bit more than a meme.
Moves more strongly than super tech projects.
I added a few percent to my portfolio, sounds risky = yes.
Best regards EXCAVO
DOGS/USDT looks promising!🚀 DOGS/USDT looks promising! 🐶💎
Breakout and retest on smaller time frames are almost complete. If the retest holds, we could see a solid bullish move in the coming days, potentially leading to a big breakout soon. 📈🌕
⚠️ This is not financial advice. Always do your own research (DYOR) before making investment decisions. 🔍
Alikze »» Dogs | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a descending channel in the 4H time frame.
- Due to the fact that there is a demand in the middle of the channel, this movement can continue up to the ceiling of the channel.
- At the top of the channel, if there is a correction and a soft landing up to the green box range, it will have the ability to grow up to the specified areas by creating demand again.
💎 Alternative scenario: in case it faces selling pressure after hitting the ceiling of the channel and this selling pressure continues sharply, it will lead to the failure of the middle range of the channel and the green box will not be able to hold the price and it can The broken move towards the downward targets and the bottom of the channel until the range of the second green box.
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BINANCE:DOGSUSDT
DOGSUSDT possible paths and major daily supports and resistancesAs we can see price is now near red trendline resistance so possible paths now are dump to the next support zone on chart or if it breaks to the upside then we can expect range for upcoming months and soon after that more pump and new ATH expected too.
DISCLAIMER: ((trade based on your own decision))
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