DOGE NEXT MOVEDOGE/USDT very easy chart to understand as liquidity trader. Simple it has created liquidity which I have marked as SSL. And below that SSL is strong bullish DEMAND ZONE. I am expecting price to go up little bit from current price and then down to demand zone where I will plan my long position and Spot buying.
Dogeusdt
DOGE : The prospect of increasing?As you can see, DOGE has created an ascending Triangle and is also located in the falling wedge, which means that if it breaks, we expect the price to reach the target (AB=CD).
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DOGEUSDT Short Trade IdeaI'm tempted to take this trade here. Looking for DOGE to retest the previous highs from the top.
It's risky, but I like the risk/reward here. At this point, BTC seems to me struggling for a direction due to low volume, so I'm betting on a downward move over the weekend. Just going with what my gut says.
Depending on how the price moves, I'm planning to trim early if needed.
Entry: 0.12215
SL: 0.12905
TP1: 0.11108
TP2: 0.09989
TP3: 0.09275
Good luck and Happy trading!
DOGE PARABOLIC?? First, watch for these TWO CONDITIONS Dogecoin has been one of my top altcoins to watch for 2024, and it's likely going to be a key player in the parabolic runs during the next impulse wave UP.
If you've been following for a while, you'll know I've been anticipating impulse wave 4-5 around December ( according to Elliot Wave Theory). Across many altcoin charts, we see very clear bottoms as the prices are making their way to the fist major resistance zones.
We see it HERE, on Avax:
HERE on FETCH:
And even on ADA, Here:
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BINANCE:DOGEUSDT
DOGE ANALYSIS🔮 #DOGE Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #DOGE. It's a daily time frame breakout and if the price sustains this breakout then we would see a bullish price movement📈
💸Current Price -- $0.11640
📈Target Price -- $0.17400
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#DOGE #Cryptocurrency #Breakout #DYOR
Dogecoin (DOGE): correction ahead?Dogecoin (DOGE) has recorded a spike in whale activities in the past 24 hours. Its large transactions surged by 63%, with whales moving 65.41 billion DOGE. This huge holding by the biggest players in the market represents 41% of Dogecoin’s total supply.
The aforementioned surging whale activity suggests that large investors are taking positions, which may be accompanied by increased market volatility.
A spike in whale transactions tends to precede potential significant price movements. When whales make such big moves on DOGE, the market usually follows through with their moves.
This could, therefore, be an indicator that a big price move might be on the cards.
Dogecoin social volume has been on an upward trajectory for the last three days. Social volume helps in the identification of some market sentiment.
Historically, higher volumes of conversations result in new investor interest that puts up demand.
Despite these encouraging signs, the stochastic RSI has just recorded a bearish crossover. This suggests that the market might face a small correction before any upward momentum could resume.
Although Dogecoin has been flirting with a bullish breakout, this crossover suggests pulling back slightly before making its next move.
Whale activity is high, and so is social interest. But the bearish stochastic RSI crossover is just a reminder that prior to any major price movement, short-term corrections are bound to occur.
For now, holding firm and waiting for better signals might be the best approach.
DOGE - Very Exciting!Hello,
This orange trace nicely illustrates likely movements to complete some of the major support and resistance levels that were recently established, and have not been "tested" yet.
I believe that DOGE is unique… it insights the emotion of LOVE. Man’s best friend. Unconditional love.
The world is waking up and transitioning from the fear based 3D matrix world mentality and back to a 5D energy based world… emotional awareness and the force of LOVE reign supreme over the new world we are entering.
Do you feel it? Do you love DOGE?
Does bitcoin give you FOMO?
Or just straight-up FEAR, with all the dirty Black Rock war and genocide money linked direct to it now. The graph of fear and greed is very volatile. Huge Highs and lows... just like an addiction.
The graph of a building a tribe using the power of LOVE looks more like climbing a Pyramid… a step up and a lap around, repeat. Doge has done this Thrice, without a major retest. I believe our tribe is growing stronger as LOVE will prevail in all of the turmoil of the world. Love has already won in the Quantum... it is up to each of us to navigate our Golden Path (of the soul) through this Earth reality, ascending to the place of unconditional love... enlightenment. If that were we are going... I'll take the DOGE coin by my side.
Man's best Friend.
Unconditional love.
Go Doge Go!
DOGE - RSI reset, or Bull run?Hello, and good evening from space ship earth.
looking at the indicators up top we have the MACD showing a recent bullish cross.
However this is contra indicated but eh RSI below, showing a likely reset is due.
We are however in increasingly strong bullish territory with these forecasts, and the bullish forecasts also align with the peak slopes of these indicators.
And here is what my forecast looks like on the long range for DOGE:
#DOGE/USDT#DOGE
The price is moving in a descending channel on a 1-day frame and is sticking to it very well and is about to break upwards
We have a bounce from the lower limit of the channel at a price of 12.86
We have an upward trend on the RSI indicator, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 14.45
First target 19.00
Second target 22.90
Third target 28.30
#DOGEUSD 1DAYDOGEUSD: Daily Downtrend Breakout - Buy Opportunity
The DOGEUSD pair is showing a significant breakout from its recent downtrend, signaling a potential reversal in momentum. After a sustained period of downward movement, price action has breached key resistance levels, suggesting increased buying interest.
Key Highlights:
Confirmation: The breakout above the resistance line indicates a shift in market sentiment, potentially attracting more buyers.
Volume Spike: A notable increase in trading volume during the breakout supports the validity of this move, suggesting strong momentum behind the price action.
-Technical Indicators: RSI and MACD are turning bullish, further reinforcing the idea of a possible upward trend.
Actionable Insight:
This presents a promising buying opportunity for traders looking to capitalize on the potential recovery in DOGEUSD. Setting a stop-loss just below the breakout level can help manage risk while allowing for upside potential as the market seeks to establish a new support zone.
Stay vigilant for further confirmations and adjust your strategy accordingly!
A Decade of DOGECOIN Brilliance. x100 Potential Hidden?!🎉 Happy 10th Anniversary, DOGECOIN! 🎉
December 6th, marks the 10th anniversary of DOGECOIN's genesis. Initially created as a light-hearted meme coin, it's become a significant player in the crypto space.
The BINANCE:DOGEUSDT price chart tells an intriguing story. Currently, it's showcasing a repeating pattern – Descending Triangles.
These patterns have historically been precursors to substantial upward movements. Dive into the clear chart representation here:
In the past, these triangles paved the way for remarkable gains, including an x66 surge in 2017 and an astonishing x238 leap in 2021, fueled by none other than Elon Musk.
On the weekly timeframe, this movement resembles a light breath, but in reality, holding onto this for the long term can be a challenging task.
It's crucial to approach it with a solid risk management strategy.
Strap in for the ride and ensure you're equipped for the DOGE rollercoaster!
#DOGE/USDT#DOGE
The price is moving in a downtrend on the 4-hour frame and is about to break upwards
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 0.9300
The price bounced from it
Entry price 0.09750
First target 0.10270
Second target 0.1096
Third target 0.1170
DOGE wait for breakThe Doge/USDT pair on the 1-hour chart has broken out from a symmetrical triangle, indicating a potential bullish trend 📈.
Analysis:
- Entry: Between 0.10558 and 0.10663 could be a good buy zone 🎯.
- Take Profit (TP): Target is set at 0.11238 to 0.11242, a key resistance level. Watch for potential reaction at this level 🏁.
- Stop Loss (SL): Placed around 0.10267. If this level breaks, it's best to exit to avoid further losses 🛑.
Key Points:
- Risk to Reward: The risk/reward ratio is favorable, offering a solid profit potential 💼.
- Continued Move: If the price breaks above 0.10798 and holds, the probability of reaching the target increases 📊.
Signal:
- Buy (Long) between 0.10558 with a target of 0.11238 and a stop loss at 0.10267 🚀.
Doge descends no more! Pattern breakout could see a 98% surge. The chart indicates that Dogecoin (DOGE/USDT) has already broken out of the Descending Triangle pattern, signaling a potential shift in market sentiment. With this breakout, here’s a closer look at the critical elements and price projections moving forward:
1. Descending Triangle Breakout
• DOGE has broken out of the descending triangle to the upside, defying the usual bearish continuation pattern. This breakout suggests a bullish reversal or at least a short-term upward movement.
• This breakout could signal a shift in momentum, with DOGE moving toward key resistance levels.
2. Weekly Hidden RSI Divergence
• The hidden bullish divergence in the RSI further supports this breakout. Even as price made lower lows, the RSI’s higher lows indicated building momentum, which has now translated into an upward move.
• This divergence suggests that the current breakout could have legs, leading to further price gains.
3. Fibonacci Extensions & Price Targets
• $0.2067: This is the key Fibonacci target, representing the 96% retracement level. Given the breakout, this is the immediate price target and aligns with past support and resistance levels.
• $0.2812 and $0.3305: These are resistance levels within the broader resistance zone. Once DOGE breaks through $0.2067, this zone will be the next major test for bulls.
4. Price Projections
• Short-Term Outlook: With the breakout confirmed, DOGE’s immediate target is $0.2067, representing a significant gain from the current level.
• Medium-Term Outlook: If DOGE clears $0.2067, the next focus will be the resistance zone between $0.2812 and $0.3305. Overcoming this will be crucial for sustained bullish momentum.
• Long-Term Outlook: A successful push beyond the resistance zone could open up the possibility of a broader bullish cycle for DOGE, potentially leading to higher price targets contingent on market sentiment.
Conclusion
Dogecoin’s breakout from the descending triangle, supported by the weekly hidden RSI divergence, marks a bullish shift. With the immediate target at $0.2067 and further resistance at $0.2812 and $0.3305, DOGE could be set for a sustained upward move. Volume and market sentiment will be key to confirming the strength of this breakout.
DOGEUSDT in Accumulation PhaseDOGEUSDT recently dropped to a support level last tested in February, where the price saw a significant rally. Currently, the price has formed a false breakout below the 0.09500 support level and has since been moving sideways in an accumulation phase. Over the past week, the market has been forming a compression channel, which could lead to a breakout and a subsequent price move. Given the repeated rejections and bounces off the support level on the daily timeframe, there is a strong potential for an upward move. The price could break through the trendline and retest the resistance level, with the target set at 0.10700
Doge- Near an important breakSince hitting a high of 0.22 in April, Doge has been in a downtrend.
However, the chart shows that dips below 0.1 have consistently been bought, leading to strong reversals each time. The final phase of the downtrend is forming a falling wedge, which often signals a potential reversal.
For confirmation of an upward reversal, we need a clear breakout above resistance. If that happens, we can expect targets at 0.128 and 0.15 in extension.
DOGE Dogecoin Short Term Price TargetIf you haven`t bought DOGE before the previous major breakout:
nor sold the top:
Now looking at Dogecoin's chart, it appears to be attempting a breakout from a falling wedge pattern.
In my view, we’re likely to see an imminent breakout, or we may need to wait for the pattern to fully develop before the breakout occurs.
Either way, my price target remains $0.12.
Bullish Exhaustion Near ResistanceKey Resistance at $0.10476
Dogecoin (DOGE) is currently trading around $0.102, after failing to break through the upper Bollinger Band resistance of $0.10476. The price hit a high of $0.10495, but selling pressure has pulled it back below the BB Basis of $0.10322.
After peaking at $0.10495, Dogecoin has pulled back, now stabilizing around $0.102. The rejection from the $0.10476 resistance (upper Bollinger Band) aligns with the broader bearish sentiment seen in early September. Dogecoin's struggles echo a trend seen across the market, as DOGE has dropped 17% in the last week
Bollinger Bands: Overbought Conditions
The price is hovering just below the upper Bollinger Band, indicating that DOGE is in an overbought state. A rejection at these levels could trigger a pullback to the lower band support at $0.10168.
RSI Neutral, But Losing Steam
The RSI is sitting near neutral at 49.87, suggesting indecision in the market. However, its divergence from the RSI-based MA (60.41) hints at weakening bullish momentum, with potential downside ahead.
Stochastic Oscillator Shows Oversold Conditions
The %K and %D values of 19.54 and 14.44 indicate oversold conditions, which might signal a short-term bounce, but buyers need to regain momentum for a sustained move higher.
MACD Turning Bearish
The MACD histogram (-0.00045) has flipped negative, suggesting a potential bearish crossover. The MACD line is still above the signal line, but momentum appears to be weakening, which could lead to further downside.
Support and Resistance Levels
Immediate Resistance: $0.10476 (Upper BB)
Support: $0.10322 (BB Basis), $0.10169 (Lower BB)
Short-Term Outlook : DOGE is showing signs of exhaustion near the $0.10476 resistance. If it fails to break higher, expect a potential dip toward $0.10168, with a possible bounce from there. The Stochastic and RSI suggest caution, as momentum indicators signal weakening strength.
Watch for a confirmed break above $0.10476 to signal bullish continuation. Otherwise, a retrace to the lower Bollinger Band is likely.
Dogecoin (DOGE) poised for retest?Dogecoin (DOGE) remains in a downtrend, but the bulls are trying to form a higher low at $0.09.
If buyers propel the price above the 20-day EMA ($0.10), the DOGE/USDT pair could rally to the downtrend line. This is a formidable hurdle for the bulls to cross, but if they prevail, the pair may start a move to $0.14.
Instead, if the price turns down sharply from the 20-day EMA and breaks below $0.09, it will suggest that the bears remain in charge. The pair may then plummet to $0.08 and later to the support line of the falling wedge pattern.
Dogecoin Price Hit $0.1: Could Elon's Backing Propel DOGE to $1?Dogecoin ( CRYPTOCAP:DOGE ), the popular dog-themed cryptocurrency, has been making headlines again after surging over 10% to briefly cross the $0.1 mark. This rally, fueled by Elon Musk’s continued endorsement and broader market trends, has sparked renewed speculation about whether Dogecoin could hit the highly anticipated $1 price point. Here's an in-depth look into the factors driving Dogecoin's latest surge and its potential to rally further.
Key Drivers of the CRYPTOCAP:DOGE Rally
1. Elon Musk’s Lawsuit Dismissal Boosts Market Optimism
One of the key factors behind Dogecoin's recent rally is the dismissal of a federal lawsuit against Elon Musk, which accused him and Tesla of manipulating the Dogecoin price. Filed in Manhattan federal court, the lawsuit alleged that Musk engaged in insider trading and publicity stunts that inflated Dogecoin’s value by up to 36,000%.
However, the suit was dismissed by U.S. District Judge Alvin Hellerstein, who ruled that the plaintiffs failed to substantiate their claims after five revisions of the lawsuit. This outcome has removed a significant cloud of legal uncertainty around Musk’s involvement with Dogecoin, leading to increased investor confidence and contributing to DOGE’s recent price surge.
2. Elon Musk’s Continued Support and Potential Use of DOGE
Elon Musk, the self-proclaimed “Dogefather,” has continued to express support for Dogecoin. Recently, Musk suggested adding Dogecoin as a payment option for Tesla merchandise, fueling speculation that the meme coin could eventually be accepted for vehicle purchases as well. Moreover, Musk has hinted at using DOGE as the official mascot for a proposed “Department of Government Efficiency,” underscoring his ongoing commitment to the cryptocurrency.
This active promotion by Musk, combined with his recent legal victory, has been a strong bullish signal for investors, driving market speculation about Dogecoin’s future potential.
3. Broader Market Rally Amid Fed Rate Cut Expectations
The broader cryptocurrency market has been on an upward trajectory, buoyed by growing expectations of a Federal Reserve rate cut. With the global crypto market cap nearing $2 trillion and Bitcoin rising over 4%, risk assets like Dogecoin have benefited from the overall positive sentiment. The CME FedWatch Tool indicates a 73% chance of a 25 basis point rate cut at the upcoming Fed meeting, which has fueled optimism across the market.
Simultaneously, other meme coins such as Shiba Inu (SHIB), Pepe Coin (PEPE), and WIF have also rallied, highlighting increased investor appetite for riskier assets.
Technical Outlook
Dogecoin's technical indicators suggest that the coin could be poised for further gains. As of the time of writing, DOGE is trading at $0.1041, up 7.67% with a moderate Relative Strength Index (RSI) of 44.97. This RSI level indicates that DOGE is not yet overbought and may have room for continued upward momentum.
Additionally, the daily price chart shows a bullish symmetrical triangle pattern—a technical formation that often signals a continuation of the current trend. If CRYPTOCAP:DOGE breaks above this pattern, it could confirm a bullish breakout, potentially setting the stage for a significant price surge toward $1.
Dogecoin’s trading volume has also spiked, up nearly 74% to $639.67 million, while Futures Open Interest rose 8% to $476.52 million, signaling increased market participation and interest. Options Open Interest jumped over 37%, further underscoring the market's bullish outlook.
However, the road to $1 will not be without challenges. Dogecoin will need to overcome several key resistance levels, with the most immediate being around the $0.15 to $0.20 range. Breaking through these resistance points will be crucial for CRYPTOCAP:DOGE to sustain its rally and approach the elusive $1 target.
Musk’s Backing and Market Trends Favor CRYPTOCAP:DOGE
The fundamental outlook for Dogecoin remains optimistic, driven by Elon Musk's ongoing support and the broader positive market sentiment. The dismissal of Musk’s lawsuit and his recent endorsements have reinvigorated investor confidence. Meanwhile, potential macroeconomic tailwinds, such as a Fed rate cut, are likely to provide additional support for the cryptocurrency market as a whole.
Moreover, the growing use case of Dogecoin, particularly as a potential payment option for Tesla merchandise, adds another layer of utility that could drive demand. If more companies and platforms begin to accept DOGE, it could further bolster the coin’s market position and price.
Conclusion
Dogecoin’s recent price action reflects a combination of technical strength and fundamental momentum. Elon Musk’s backing, the broader market rally, and positive technical indicators are aligning to create a favorable outlook for DOGE. While reaching $1 will require significant market support and overcoming key resistance levels, the current trend suggests that Dogecoin is well-positioned for further gains.
Investors should watch closely for any additional endorsements from Musk, broader market developments, and key technical breakouts that could signal the next leg of Dogecoin’s rally. As always, the cryptocurrency market remains highly volatile, and potential investors should consider their risk tolerance before jumping in.
In the meantime, Dogecoin’s journey to $1 remains a closely watched narrative in the crypto space—one fueled by community enthusiasm, market speculation, and the enduring influence of its most famous advocate, Elon Musk.