Dogecoin (DOGE) Poised to Continue Upward Trend
Dogecoin, maintaining a high correlation with Bitcoin, is also experiencing an upward trend. Since October 15, DOGE has increased by 70%, marking a new annual high at $0.0925.
With Bitcoin's ongoing positive trend, the growth of DOGE is also expected to continue. The next targets for buyers are set at $0.094, $0.097, and the significant $0.100 level. These targets may be tested as soon as the coming week.
If a market correction occurs, DOGE’s price could drop back to support areas around $0.086-$0.088, $0.0821-$0.0841, and $0.0800. However, if Bitcoin sharply falls below $39,000, DOGE might swiftly break through these support levels, suggesting that setting limit orders at this time might be risky.
Dogecoinanalysis
DOGEUSDT HTF Analysis for Long PositionsCloses above the blue box (legit Support/Resistance) may reflect positively on #DOGE, even if short-term.
Otherwise, it may be considered to take trades by looking for confirmation (cuz its current market is bearish) at points such as the green box and green line.
Confirmations = Breaker, Mitigation, Swing Failure Pattern on 1H or less timeframe.
DOGE : RALLY before OR after XMas?Hi Traders, Investors and Speculators of Charts📈📉
As seen on the chart, I've highlighted some potential signs that will help to determine whether we can expect a rally before the 25th or after the 25th / in 2024 :
- If Doge is getting ready for a rally before the 25th, we can expect to see some higher lows. Currently we're trading lower than we did two weeks ago this time.
- If Doge continues to trade range, it's more likely for another wick towards the lower support zone before we observe a breakout.
The price action over the next two weeks will indicate whether or not we can still expect a rally this year, or only next.
For the short term, I'm leaning towards lower price action on DOGE, expecting one more wick towards the lower support :
The main reason for my short sentiment, is the clear bearish technical indicator in the short term:
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BINANCE:DOGEUSDT BINANCE:DOGEUSD
DOGE Sunday FunWave - 1H chart: 2% - 5% quick profit scenarioHi Traders,
I catched a heavy bullish sign with the 1H DOGEUSDT chart.
Stoch RSI extreme bullish
We are above the GREEN ichimoku cloud which is a good thing.
Downtrend probably flips to uptrend.
The exact movement can be observed in the chart.
I will try to hit this, but not leave my position overnight, because on a bigger scale, in 1D and especially in 1W, i am extremly bearish.
Share yours!
Doge Hits 4-Month High! Join the Excitement and Trade Now! The Doge community is buzzing with excitement as our favorite meme-inspired coin continues to defy expectations. This recent surge in value presents an incredible opportunity for traders like you to jump on board and make the most of this upward trend. 🚀
Now, you might be wondering, "Why should I trade Doge?" Well, let me tell you why! Doge has proven time and again that it's more than just a meme. With its growing popularity and widespread acceptance, Doge has become a force to be reckoned with in the crypto market. Its strong community, coupled with the recent surge, makes it an ideal choice for traders looking to capitalize on the momentum and potentially reap substantial profits. 💰
So, here's your call-to-action: Don't miss out on this incredible opportunity to trade Doge and ride the wave of success! Whether you're an experienced trader or just starting, now is the perfect time to get involved and make your mark in the crypto world. 🌍📈
To help you get started, I recommend checking out our user-friendly trading platform, which offers a seamless trading experience with real-time market data, advanced charting tools, and a wide range of trading options. Our platform is designed to make trading easy and accessible for everyone, so you can focus on making informed decisions and maximizing your profits. 📊💪
Remember, the key to successful trading lies in staying ahead of the game and seizing opportunities when they arise. With Doge hitting a 4-month high, the time is now! Join the Doge community and let's make the most of this exciting journey together. 🐶💫
Happy trading and may the Doge be with you! 🚀🌕
DOGE-1 Space Mission Moves Closer to Reality With FCC LicenseSamuel Reid, the CEO and founder of renewable energy-based logistics firm Geometric Energy Corporation announced today that his company has received a license from the United States Federal Communications Commission (FCC) for the much-awaited DOGE-1 mission to the moon.
Multiple Approvals Bagged by DOGE-1 Mission
According to the document, the FCC authorized the licensee, which in this case is Geometric Energy, “to use and operate the radio transmitting facilities hereinafter described for radio communications in accordance with the program of experimentation described by the licensee in its application for license.”
The news comes barely a few days after the Dogecoin-funded space mission to launch DOGE-1 bagged the National Telecommunications and Information Administration (NTIA) approval. It is worth noting that the launch has been postponed multiple times since Elon Musk, the tech mogul and crypto enthusiast, took to X (formerly Twitter) on May 9, 2021, to announce the community-funded mission.
SpaceX was blamed for a significant percentage of the delays. Per Musk’s announcement, DOGE-1 is billed to be part of a rideshare on the Nova-C/IM-1 mission, a joint initiative between Intuitive Machines and NASA. Ultimately, it is a push to move the canine-themed memecoin into space, a rare ideology that is deeply rooted in community synergy.
Dogecoin Reacts to the FCC License News
Notably, this mission demonstrates Dogecoin’s power and its potential beyond the conventional crypto market. Once DOGE-1 lands in space, it will broadcast images and ads back to the earth.
This is after it must have displayed the same content in space through the use of an attached screen. After receiving NTIA’s approval a few days ago, the FCC license was the only authorization left for the mission to be achieved.
With this approval, the DOGE-1 satellite is finally going to space by January 2024. It is worth noting that DOGE is already responding to the forthcoming launch.
No long ago, Dogecoin price jumped by a significant percentage which saw the token trade above $0.08 for the first time since the general memecoin frenzy of July. At the time of writing, Dogecoin is up 3.4% to $0.0833, a move that has propped the market capitalization to $11.3 billion.
DOGE 1HR → A Drop Before the Pop! Here's a Setup for Max Profit.Doge is currently marching forward in a bull channel showing the bears who's boss. Both the Daily and Hourly timeframes are bullish, but don't long yet! Within the 1HR bull channel is an ascending wedge pattern, a bearish signal. Does that mean we short?
How do we trade this?
Shorting in a bull channel is not ideal, there are more bull candles than bear, making the probability of profit greater for the bulls. We should let the ascending wedge pattern play out, and let the price fall near the bull channel support and bounce. If Doge gives us a strong bull signal and confirmation bars closing on or near their highs, it's reasonable to long. Place a protective stop below the bull channel support or 200EMA and set a take profit target near the previous high of $0.083.
Trade Idea
Long Entry : $0.0795
Stop Loss: $0.0775
Take Profit: $0.0835
Risk/Reward Ratio: 1:2
Key Takeaways
1. Bull Channel, Bias to Long.
2. Ascending Wedge Within Bull Channel, Bearish Short-Term.
3. Wait for Bull Signal and Confirmation to Long off of Bull Channel Support.
4. Bitcoin Struggling to Break Weekly Resistance, a Market Leading Indicator.
5. RSI at 50.00 and below Moving Average, wait for a sign of support to Long.
You are solely responsible for your trades, trade at your own risk!
If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
DOGE ☀️ 24-Hour Upside Potential; Time to Buy?Bearish clouds ☁️ linger over the global crypto market in the next 24 hours, signaling a downward trend for Bitcoin, Ether, and altcoins. Only Dogecoin sees a slightly bullish ☀️ break, hinting at upside potential, per ATTMO.
Over a one-week horizon, the ☀️ will return, shining over much of the crypto universe. Altcoins like Avalanche, Ripple’s XRP, Polkadot, and Polygon face lingering bearish clouds. ☁️
Follow us for more crypto weather reports!
DOGE will decrease by 20%, then does the magic as always.Hi Traders,
Just some basic weekly candlestick check.
We saw a brutally nice red hammer at the top of the trend. This symbolize a massive price decrease in the short term (1-3 weeks).
Stoch RSI is already showed that we will go down.
Also, the Ichimoku cloud is read and thick as hell, which basically means that it is barely impossible to go above or into that level. This is the rule how we should read the indicator.
I expect a price decrease around 10-20% and then a massive increase. Check my BTC idea also, because the market is still led by the big pappa, the BTC. :)
Best of luck.
Doge Crazy Numbers are Talking- Don't look at the Fibo, it's messy.
- i just added Fibo on this trend because i want to see the final results after next bullrun.
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- So let's talk % :
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- if u bought the bottom in 2016 and Hodl Doge until ATH.
- You could have win 930 000%+
- invest 1000$ in 2016 Bottom
- Get 9,300,000$ at the top of the ATH in 2021 ( yes 9.3 Millions $)
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- if u bought the bottom in 2019 and Hodl Doge until ATH.
- You could have made 30 000%
- invest 1000$ in 2019 Bottom.
- Get 301,000$ at the of the ATH in 2021.
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- The last bullrun in 2021 was Extremely Bullish.
- if you know about Fibo, you will notice the " WTF ?" in the chart.
- Doge literally exploded the 423.6% Extension to go 100%+ Higher...
- what a performance!
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- So for the next bullrun the minimum we could get for Doge is 3$.
- Around 5600% from the last bottom.
- invest 1000$
- get 56,000$
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- So all those numbers and % look crazy right ?
- But Numbers are talking, not me!
- Remember one thing, to be a day trader is really hard.
- But to be Hodler and armed with patience is much more easy.
- Making money is the long run is the best method.
- invest what u don't need for living and just wait few years.....
Happy Tr4Ding !
DOGE → To the Moon or Doom!? This Chart Makes It Clear.Dogecoin is currently sitting on Bull Channel Support, a moment we need to pay close attention to if we want to enter a trade and maximize our profits. If the price falls through, we should be looking to get short and a bounce means we ought to long.
How do we trade this?
If you're not in a trade right now, wait. We need to see not only a bull signal bar but a bull confirmation bar as well for optimal justification to enter a long. That means a bull bar closing on or near its high above the bull channel support. Long take profit targets could be the previous high of around $0.087 and the top of the bull channel of around $0.09. Stop loss should be just below the 200EMA.
To justify a short, we need to see a bear bar closing on or near its low below the bull channel support, preferably below the 200EMA. That would be our signal bar, the confirmation would be a follow-through bar closing on or near its low below the 200EMA. Reasonable take profits would be the previous support areas around $0.068 and $0.06. Stop loss just above the 200EMA.
Key Takeaways
1. Bull Channel, Bias to Long.
2. Currently Testing Bull Channel Support.
3. Wait for Bull Signal and Confirmation to Long.
4. Bitcoin Struggling to Break Weekly Resistance, a Market Leading Indicator.
5. RSI at 42.00 and below Moving Average, wait for a sign of support to Long.
You are solely responsible for your trades, trade at your own risk!
If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
DOGE Dogocoin Price Target If you haven`t bought the dip on DOGE:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is DOGE Dogocoin.
I've set a short-term price target for DOGE Dogocoin at $0.070.
Looking forward to read your opinion about it!
a happy doge holiday is comingdoge finished 5 waves down ran for the a+b now preparing for the C
doge aproaching the corner of a triangle programed for breakout by latest 20-21 december
TD sequential closed 9 red candle styx and i am expecting a new green count any day now.
the current daily candle seems to be closing as a bullish hammer candle in 15 minutes.
holidays are fast aproaching and i expect doge going for a run together with bitcoin and bring back hope to the crypto markets.
elon is having fun lately with twitter while fighting the trolls, bots and liars, leaking truth and bringing back power to the people. inevitably dogecoin plays some kind of role in this as well which soon could be revealed acting as a catalyst to push price & dominance further up.
my next target is 0,245 cent
do not blindly trust my analysis & feelings. i could be wrong and break down lower instead.
happy trading and happy holidays!
Doge might shock the world againAfternoon folks, from rainy Manchester.
Tried to put some ideas in the chart and preparation for the bullrun ahead . This time with doge . I go with positive idea and i think doge will shock us again with explosive growth this cycle, i have red vertical lines as bitcoin’s halvings , i have approximate date of explosion start and i have a pathway to the doomsday .
There is a bearish trendline for each cycle which we broke this one successfully and some moving average which we can use as the declaration of the bottom ( which i have more as you know but we go whith this one for the beauty of the chart )
In summary i wnot be surprised if i see doges price at 5 $ or more in the late 2024 to early 2025 .
Stay safe fam and trust only yourselves.
Doge Climbs to New Heights: Why Traders Should Jump OnboardHold on tight! Discover why Doge's meteoric rise of 0.08 has traders wagging their tails in excitement!
Ready to embark on a thrilling trading adventure? Brace yourself as we unveil the wild and wonderful world of Doge's recent surge, leaving traders howling for more!
🌟 Hold onto your hats, fellow traders, because Doge has skyrocketed like a pack of excited pups chasing their tails! In an unexpected turn of events, our favorite canine-themed cryptocurrency has made jaws drop with a staggering rise of 0.08. That's right ― 0.08! 🙌
Now, you might be thinking, 'What's got Doge wagging its tail with such gusto?' Oxygen? Barks of encouragement from Elon Musk? Well, joke's on you, my friend, because the secret sauce here lies in the remarkable community behind Doge. From passionate hodlers to enthusiastic Doge memes, this unique blend of charm and fervor has lit the fire under Doge's paws!"😄
But what does this mean for traders like ourselves? It's time to seize the moment, embrace the Doge spirit, and explore the untapped potential of this remarkable ascent. Doge is showing us that it's not just a meme coin, but a force to be reckoned with. So, why not join the pack and venture into a world of soaring possibilities?
📈 Why Longing Doge Might Be Your Best Decision Yet 🚀
1️⃣ "Scarcity is outdated, my friend! While some cryptos battle for scarcity like it's a juicy bone, Doge thrives on the power of community. Doge's recent rise demonstrates the strength of collective belief ― a bond stronger than any leash. So, dare to long Doge and relish in the uplifting energy of standing with others who share the same vision!
2️⃣ "Doge proves that not all heroes wear capes, sometimes they wear doggy memes! Embrace the unconventional and bask in the wonders of a cryptocurrency that effortlessly infuses joy into our trading journeys. Longing Doge is not just another transaction; it's an expression of solidarity with millions of fellow Doge enthusiasts. Who knew trading could be this fun?
🔥 Unleashing Doge's Future Potential 🔮
Brace yourselves, traders, as we enter the realm of speculation. Imagine a world where Doge's charm propels it to new heights. With widespread adoption on the horizon, Doge could become the go-to currency for fun and friendly transactions, leaving traditional barks in the dust. So, why not hitch your wagon to this crypto star before it shines even brighter?
In a world where conformity rules the day, Doge reminds us to embrace our unique inner pups. From humble meme beginnings to soaring heights, its journey symbolizes the power of unity and the remarkable potential that lies within us all. So, let's dream big, trade smart, and remember: to the moon, one Doge at a time!" 🚀
Doge Weekly Analysis - New All-Time Highs Coming!?Doge has broken out of the descending resistance and made contact with the Weekly 200EMA. The price has now pulled back to the 30EMA, so where do we go from here?
Bitcoin is a leading indicator for the alt market and according to my Bitcoin Weekly Analysis, is pulling back from the Weekly resistance. That pullback will likely hold back the Doge price from breaking out of the 200EMA until Bitcoin can break its resistance and start a bull run to the upside.
Key Points
1. Bull Breakout
2. Resistance at 200EMA
3. Bitcoin leading indicator, pulling back
4. RSI is just above 50.00, wait for a pullback.
If you're looking for a long entry, I would fade your position as the price falls a bit further then enter more once a confirmed break happens above the 200EMA. That requires a strong bull bar closing near its high.
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!