DOGE USD According to the trendAccording to the trend on multiple time frames, This is showing a bullish pennant pattern. So again we will be patient and WAIT FOR A BREAKOUT because as we know reversals do happen.
DOGUSD trade ideas
$1 the next target ? Doge needs to break the 0.43912 Resistance; once that break we should expect 0.50 , 0.60 , 0.80 and lastly $1
We seen XRP hit over $1 and now its Doge Turn to hit $1.
0.34000 , 0.3580 & 0.36673 became a support; all we need is a big breakout and the flag is created..
Once breakout happens and will be fine but big feeling 1$ is the target for longterm.
Please use your own proper risk management and analysis
Prediction for this weekends DOGE movement.
History shows large moves in price action usually happen for Doge or crypto in general between Friday midnight and Monday noon.
The fact that we are seeing strong support that has been tested 7 times in the last 5 days @ .35. And the 30day/30min chart showing a bullish pennant pattern. I believe it is highly unlikely we fall below that current support level and are ready for a retest of the .45 level.
Dogecoin Lawsuit Against Elon Musk and Tesla ConcludesThe legal battle involving Elon Musk, Tesla, and Dogecoin has officially come to an end. Investors have opted to withdraw their appeal, effectively ending the lawsuit that accused Musk of manipulating the cryptocurrency market.
Originally, investors claimed Musk's social media presence and public statements, including a memorable appearance on NBC's “Saturday Night Live,” were strategic moves to inflate Dogecoin’s value for personal gain. The sought-after damages were a staggering $258 billion, as the complaint underwent multiple revisions over a two-year span.
However, on August 29, Judge Alvin Hellerstein dismissed the case. He reasoned that Musk's remarks, such as calling Dogecoin the “future currency of Earth,” couldn't reasonably be seen as fraudulent or manipulative. This week, in a significant development, investors have chosen to withdraw their appeal and dropped their motion to impose sanctions on Musk’s legal team for alleged misconduct.
In return, Musk and Tesla also withdrew their motion to penalize the investors' lawyer, labeling the lawsuit as “frivolous.” As a result, both parties submitted a stipulation to dismiss the case, pending final approval by Judge Hellerstein.
Technical Outlook
Despite the legal proceedings coming to a close, the price of Dogecoin ( CRYPTOCAP:DOGE ) remains largely unaffected. Currently, Dogecoin is down 1.66% in a consolidation phase. If any negative developments occur in the crypto market, Dogecoin ( CRYPTOCAP:DOGE ) might retrace to a support level of $0.31. Optimistically, some foresee a potential surge to $1, as reaching $0.41 isn't considered unrealistic for Dogecoin.
Moreover, some analysts suggest Dogecoin could eventually trade between $5 and $10, depending on the broader crypto environment. With a market cap of approximately $53 billion USD and a circulating supply of over 146 billion coins, Dogecoin is proving to be more than just a memecoin.
Conclusion
The conclusion of this lawsuit marks a significant chapter in the ongoing narrative of cryptocurrency regulation and celebrity influence. While the legal challenges have ended, the impact of this case may continue to resonate in discussions about market manipulation and the responsibilities of high-profile figures in the crypto space. As always, market watchers will be keenly observing how Dogecoin ( CRYPTOCAP:DOGE ) and other cryptocurrencies navigate these complex waters.
$3 range by January 20This is less a technical analysis; more about the market and politics. It's eerie how DOGE is repeating its historical pattern.
If you know, you know. We–you and me–have been anticipating this pattern for years.
With the Department of Government Efficiency coinciding at this specific bull phase, it is so hard not buying into conspiracy ideas about invisible hands controlling the crypto market. That said, there seems to be some temporal proximity to the Inauguration Day and the next bullish movement. So I make this crazy prediction that we will see $3 by the Inauguration Day.
And I could be wrong. But I am okay with that because I believe that this is the beginning of the bull run. I don't care about the specific timing. We are months away from the new top. I can wait.
I have seen some estimates by so-called "gurus" putting $40 target by next year. The more skeptical folks won't predict anywhere above $3 for fixation on the market cap argument. That market cap argument seems like a popular one because we have been hearing that every bull cycle. But that's their loss.
Can we get to $20? I don't know, tbh. The market is bigger than me, no matter the size of my portfolio, brain, or pedigree. Nevertheless, I bet my money on what I believe is the historical pattern. I hope it works out for other people as well.
Let's see where this goes.
Dogecoin AnalysisIF (key word IF) the last 10 years of data remain consistent we have reached a relative bottom here on doge. The 0.707 fib level has been our point of no return in the previous 2 cycles. This is significant.
Elliott Wave Shows Support Area in Doge Coin (DOGEUSD)Short Term Elliott Wave view on Dogecoin (DOGEUSD) suggests rally from 6 September 2024 low is unfolding as a 5 waves impulse. Up from 6 September, wave ((i)) ended at 0.1798 and pullback in wave ((ii)) ended at 0.1419. The crypto extended higher again in wave ((iii)). Up from wave ((ii)), wave (i) ended at 0.2178 and pullback in wave (ii) ended at 0.185. Wave (iii) higher ended at 0.304 and pullback in wave (iv) ended at 0.273. Final leg wave (v) higher ended at 0.4397 which completed wave ((iii)) in higher degree.
Wave ((iv)) pullback is in progress with internal subdivision as a double three Elliott Wave structure. Down from wave ((iii)), wave (w) ended at 0.3406 and wave (x) rally ended at 0.434. Wave (y) lower is now in progress and expected to reach the blue box area of 0.274 – 0.335 to complete wave ((iv)). This area is 100% – 161.8% Fibonacci extension of wave (w). From the blue box, the crypto currency should extend higher or rally in 3 waves at least. Near term, as far as pivot at 0.142 low stays intact, expect pullback to find buyers in 3, 7, 11 swing for further upside.
DOGE - Breakout of consolidation.Hello,
This is always an exciting time for DOGE. We are prime for a nice breakout of the consolidation at about $0.39 - $.420.
Here are three nice projections that illustrate 3 of the 4 major influences. Bearish and bullish Bulls, and one of the bears…. Still long range bullish.
Harmonic projections, fit to the levels, and aligned with the signature harmonic patterns as well.
Dotted are resistance turning to support, and solid a support, which turn to resistance.
Good Luck! Spread Love!
Doge Coin!
Continuation triangle ABCDEI am happy to see that my favorite coin is showing stability after such a huge run. Having put in a set of three's so far, I am anticipating a symmetrical triangle and a move higher. Next target is ATH.
No, not the moon... To the Jupiter Who knows🤷🤞
I did stretch the bars to align to the current cycle.
It's in algorithmic view
Doge bull flagPossible DOGE breakout to the updside. Bull flag has formed on the hourly and Fibonacci fan is nearing support zone.
DOGE Set for a Major Move? Watch These Key Levels!DOGE is currently positioned within the price range of $0.341 to $0.433, maintaining a similar range as observed in the previous day’s analysis. Understanding these key levels is crucial, as DOGE is now forming a flag pattern on the chart – a formation that often precedes significant price movements.
⚡️ Key Observations:
❗️ A breakout from the flag pattern could signal substantial price movement for DOGE.
1️⃣ Above $0.433: Should a valid breakout occur at this level, DOGE is likely to sustain its upward trajectory. ⭐️✨
2️⃣ Below $0.341: A breach below this threshold could indicate a shift towards the nearest support zone, highlighted in blue on the chart.
✅ Stay monitor these critical levels and emerging trends to enhance your trading strategy.
Follow for continuous updates and insights! ⬆️
Dogcoin trend targetDogcoin trend target is 23 0r 27 dollar.dogcoin.According to the long-term liquidity line, the next target will be $23
Can DOGE Repeat Its Legendary Rally?
DOGEUSD is currently in a strong bullish momentum, supported by multiple technical signals aligning in favor of the bulls. The Signal Builder previously flashed buy signals, which were followed by a consistent upward trajectory.
Key Factors:
Bullish Ribbon and Support Rebound
The price is decisively trading above the EMA ribbon, indicating a sustained bullish trend. Notably, the recent rebound from the critical support level at 0.060 acted as a launchpad for this upward move, confirming its validity as a strong demand zone.
TSI (True Strength Index) Confirmation
The TSI has not only crossed above the zero line but also established a pattern of higher lows, signaling increasing bullish momentum. Historically, this indicator alignment has preceded significant upward moves in DOGE.
Fibonacci Extension Targets
If we project the previous bullish wave onto the current setup, similar conditions suggest potential targets at 0.800 and 1.280, derived from the 1.618 Fibonacci extension. These levels align well with historical resistance and psychological thresholds, making them logical points for profit-taking.
The market structure and the current momentum favor continued bullishness, provided DOGE maintains its position above the EMA ribbon. Watch the price action near key levels for confirmation of further upside potential.
👨🏻💻💭 What do you think? Are we ready for another Doge rally? 🚀 Drop your thoughts and let’s ride the wave together!
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The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
DOGE Price Outlook: Key Levels to Watch for a Potential BreakoutDOGE chart reflects a steady hold at the equilibrium level, adhering closely to the white scenario. Currently, the price is consolidating within a range of $0.34 - $0.44.
▪️ Key Range Overview:
A breakout below $0.34 could signal a move toward the nearest support zone, represented by the blue area.
A breakout above $0.44 would bring stronger confidence for a rally towards higher price levels. ⭐️🚀
The chart’s bullish scenario is highlighted in white, showing potential upward momentum. Conversely, the bearish scenario is represented in yellow, indicating caution for downside risk.
Keep an eye on these critical levels for strategic trading insights! 🔄✨
Doge bottom is in: Breakout soon to $0.65 AreaCurrently the 1H RSI is at levels not seen since $0.18
We have the 50 Bar EMA acting as a historic fundamental support.
We have fib levels holding strong suggesting a move to the next fib zone which is somewhere between 57 and 66 depending on where you start the base.
About 66% confident on a move higher, if we do crash the worst case scenario is $0.26 with a more likely bottom of $0.31-0.33 area. Again, I think we bottomed already but if i were to open a trade here my stop loss would be under 25.
Cycle targets:
Target 1: $0.60
Target 2: $0.89
Target 3: $1.16
Severe pullbacks likely after hitting each milestone's region. Use Caution
Insane fractal says DOGE should do this (or close to it)I looked at the fully zoomed out DOGE/BTC chart & saw pure signal through (value) the noise (US dollars), and it pointed me to a fractal where Doge should currently be in a HYPERBOLIC run up in value against Bitcoin .
If Bitcoin continues to have an irrational climb up toward $100k, then this channel may also hold up as DOGE crosses $1
These are the psychological levels of total retail euphoria- everyone who's ever bought these assets prior to just a few weeks ago is in massive profit, but BTC maxis nowhere near as much DOGE holders!
If this irrationally exuberant channel holds, then MUST come a reckoning somewhere near/above $100k BTC and $1 DOGE.
could doge extend this rallyif we complete the hourly bull flag i would absolutely hold onto a long dogeusd position in the hopes we break this high and shoot for $0.50 soon. its not impossible that, like in other bull markets, dogeusd could still double to reach for $1. in the interest of skepticism i would say sell this if it breeches the dOpen and heads for the $0.37 area.
$DOGE Exit Plan
I see profit taking zones between $0.76 to $1 and $1 to $1.36. I will place Limit Sell orders for 30% of my initial stack in each of those 2 zones for a total of 60% of my stack. I will just scatter the sell orders at approximately 5% at each $0.05 increment above $0.76.
I leave 40% available to sell on any specific FOMO levels and reasons in my list of variables to sell.
I will sell at least half of whatever is my remaining position if it breaks below 10D SMA after a parabolic pump.
Triangle breakdownHello you all would have seen the bull run I had predicted long time back ... Beware I am expecting a fall in crypto currency all, Are forming negative patterns at the top ... stay away from the trap
Gautam Khanna
GK trade Manthan
HolderStat | TVL Polymarket down 5xAfter the end of the US elections TVL Polymarket fell by 50% after which the decline continued. At the time of writing, the decline was down 5x from TVL's peak 📉
Will DOGE take a break?As a DOGE fanatic I feel like we should take a break soon. We're at record levels in terms of strength. Here's a little scenario. Might feel simple and quick on this huge chart, but is it? The point is we like to believe DOGE chart deserves it anyway.
Dogecoin Retesting NecklineDOGE is retesting the neckline on the micro. Supply is manifest, but the price isn't retracing in proportion to the volume. This is in violation of Wyckoff law #2 cause and effect. But nothing is for certain. Still bullish on Dogecoin, as I shared with my group. If BTC dumps, all this TA is nullified in any case. But if the line successfully holds, DOGE can potentially climb to the 1.618% Fibonacci level where I personally would look to take profit and/or exit depending on the VSA metrics. Good luck to all and stay safe in the markets!
Preliminary Entries: 0.42131 (500), 0.4168 (200), 0.4120 (100)
Core Allotment: 1K
Not financial advice.
