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Dogecoin Coin (DOG)Dogecoin Coin (DOG)Dogecoin Coin (DOG)

Dogecoin Coin (DOG)

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DOGUSD trade ideas

DOG/USD Rebounds from Key Ichimoku SupportFollowing an all-time high of US$0.4671 in early December 2024, Dogecoin (DOG) had printed a correction versus the US dollar (USD) and rebounded from the Ichimoku Cloud Support area. This support zone was formed following the Ichimoku’s Leading Span A (light green at US$0.3576) crossing above the Leading Span B (light orange at US$0.2965) in the final full trading week of December. Conversion Line Confirmation While a rebound from the Ichimoku Cloud Support has been seen, and price action has ventured above the Ichimoku Conversion Line (blue at US$0.3511) and the Base Line (red at US$0.3640), both of which are considered bullish signals, traders will still likely be cautious entering long at current levels. This is due to a concentrated area of resistance around the record high mentioned above and may deter buying at this point. Price Direction? Traders exercising caution at current levels will likely monitor the Conversion and Base Lines on the DOG/USD chart. The Conversion Line crossing above the Base Line is often observed as a bullish cue to seek long opportunities, particularly after a rebound from the Ichimoku Cloud. As a result, should the Conversion Line cross above the Base Line, buyers may attempt to challenge all-time highs and possibly tackle their way into unchartered territory.
FPMARKETS:DOGUSDLong
by FPMarkets
Dogecoin (DOGE): Momentum Rebuilding🩸 Long: Above $0.38, aiming for $0.40 and $0.45 as bullish targets. 🩸 Short: Below $0.35, targeting $0.32 and $0.28 for corrections. 🩸 Resistance: $0.38. Breaking this level signals a move toward $0.40 and $0.45. 🩸 Support: $0.35. Falling below exposes $0.32 and $0.28 as potential downside levels. 🩸 Analysis: Dogecoin exhibits strong recovery momentum after consolidating above its 200 EMA. MACD suggests increasing bullishness as price edges closer to key resistance. Breaching $0.38 could invite fresh buying, while failure to hold $0.35 may trigger renewed selling. 👑 "Adaptability defines the winners—seize the opportunity."
CRYPTO:DOGEUSD
by FinCaesar
Keeping it SimpleExpect a retest of the accumulation neckline (the blue lines) in the upper .20s. This is a condition that was met with precision in the previous two cycles before launch. If it’s like 2020 it could just be quick daily wick. Resistance above this level is paper thin and will be crushed on the ride back up if demand shows up at the neckline. I don’t know how, I don’t know why. This is not advice to sell. Just a potential target for the late longs or regretful sellers.
CRYPTO:DOGEUSDLong
by TheJW
2
Dogecoin (DOGE): Critical Levels Await Breakout🔥 FinCaesar’s Commands: 🩸 Resistance: 0.3443 Breaking above this level signals strong bullish momentum, targeting 0.3945 and potentially extending beyond to 0.4500. 🩸 Support: 0.3106 Failure to hold this level indicates weakness, with downside targets at 0.2887 and further to 0.2287. 🔥 FinCaesar’s Strategy: 🩸 Buy: Above 0.3443, aiming for 0.3945, and extending the rally to 0.4500 or higher. 🩸 Sell: Below 0.3106, targeting 0.2887 initially, with potential drops toward 0.2287 as the next key level. 👑 "Greatness belongs to those who act decisively and seize opportunities." — FinCaesar
CRYPTO:DOGEUSD
by FinCaesar
4
DOGEUSD Don't let this consolidation discourage you.Dogecoin (DOGEUSD) has been trading sideways for the past 10 days, ever since the December 20 Low, following the 1D MA50 (blue trend-line) bearish break-out from the December 08 High. That was a -45% decline and naturally the current inability to reclaim those levels has many investors worried. Technically however, this is nothing more than a standard Accumulation Phase, where investors tend to take their time and buy DOGE below the 1D MA50 following a rally's correction. During this Bull Cycle, we have already seen two such phases and the one most common to the current one is the one exactly one year ago following the December 10 2023 High. As you can see both of those Highs were formed after a 1D Golden Cross. The January - February 2024 Accumulation Phase took place also after the 1D RSI bottomed on the 34.00 level. After this 2-month consolidation, the price started the Parabolic Rally sequence that peaked on the 3.0 Fibonacci extension. If the pattern continues to be repeated, we are looking at a $1.500 Target at least by March - April 2025. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:DOGEUSD
by TradingShot
2
$DOGE is looking better and betterOn the daily chart, RSI has now made a bullish cross, which is interesting in the first place. We also see that CRYPTOCAP:DOGE is not moving with #Bitcoin but is following its own path. We still have some important resistances to break before we can move further upwards. First diagonal resistance purple line. But we also still have quite a few bumps in the road between 33 cents and 36 cents. Steady up is strong bull. Be kind to the world and each other!
BINANCE:DOGEUSDLong
by RidgerR