🐶 Dogecoin (DOGE): Spot Long Trade Opportunity! 📈🚀📉 Current Situation:
DOGE is consolidating within a support zone.
Potential opportunity identified for a spot long trade.
📈 Trade Plan:
Entry: Ladder into a long spot position between $0.145 - $0.16.
Take Profit: Target the next resistance areas at $0.18 - $0.205 or $0.30 - $0.32.
Stop Loss: Set just below $0.135 to mitigate downside risk.
🔄 Strategy:
Utilize laddering to enter positions strategically within the support zone.
Monitor price action for confirmation of upward movement.
Manage risk by adhering to the defined stop loss level.
📊 Note: Stay vigilant for any changes in market dynamics and adjust the trade plan accordingly! #DOGE #TradePlan #SupportAndResistance 🐕📈
Dogeusdt
DOGE LOOKS BEARISH !It seems to have completed a triangle and now the last wave of the triangle (wave E) is over.
Target can be green box (flip range)
Closing a daily candle above the invalidation level will violate the analysis.
invalidation level : 0.1703
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Doge/Usdt Time Is Coming Anticipating a bullish movement in the Doge/USDT price soon. The first scenario suggests a direct breakout, while the second scenario indicates a potential fakeout before a pump. With April approaching, historical trends suggest a significant movement in DOGE valuation around this time each year. Please note that this information is not intended as financial advice.
DOGEUSDT to visit weekly support before bounceWeekly resistance WR1 rejected the price on the last pump to 0.2 level. After that rejection price bounced but succumbed to the drop in BTC. Currently it is trading between weekly resistance WR1 and weekly support WS1. The price is likely to reach to weekly support WS1. This support is likely to provide the necessary momentum for the price to head up towards WR1.
DOGE Surges, Can It Break Above $0.17227?The 4-hour closing prices for BINANCE:DOGEUSDT over the past 48 hours have showcased a slight downtrend after a brief uptick. This movement is closely mirrored by the 9 Exponential Moving Average (EMA) values, which indicate a potential consolidation phase in the market. The 20 EMA, with its descending values, suggests that the downtrend might have a bit more room to run before finding solid ground.
The MACD (Moving Average Convergence Divergence) indicator presents a nuanced view of the momentum. The latest values show a narrowing gap between the MACD line and the signal line, indicating a decrease in downward momentum. Specifically, the change from a negative histogram value to a positive one in the most recent sessions signals a potential shift in momentum towards the bulls.
RSI (Relative Strength Index) levels have hovered around the mid-40s. These figures suggest that Dogecoin price is neither overbought nor oversold, providing a neutral stance but leaning slightly towards bearish sentiment due to its position below the midpoint of 50.
Volume analysis further complements the technical picture, with trading volumes fluctuating significantly in recent sessions. A spike in volume accompanied the price movements, indicating active interest and participation in the market at these levels.
Looking Ahead: Price Levels and Trade Considerations
The immediate resistance levels to watch are $0.15477, followed by more formidable barriers at $0.16397 and $0.16886. These levels could serve as critical points for bullish reversals or rejection. On the downside, support levels are identified at $0.14094, with further cushions at $0.13797 and $0.13131. A breach below these supports could signal increased bearish pressure.
Given the current technical indicators, traders might consider potential entry points for long positions near the support levels if signs of bullish reversal appear, such as a bullish MACD crossover or an RSI rebound above 50. Conversely, short opportunities may arise if the price fails to breach above resistance levels, especially if accompanied by bearish MACD and RSI indicators below 50.
The technical analysis of the Dogecoin price points towards a market at a crossroads, with potential for both upward and downward movements. Traders are advised to keep an eye on the key technical levels and indicators discussed to identify possible entry and exit points for their trades.
DOGE bullish on BTC?!?!Hello! And happy spring! This is when the human tribe here on space ship earth emerges from winter hybernation with a yearning to connect, explore, saving, and dance! Not to be confused with the traditions of oppression, like st Patrick’s day, where we all emerge and poison ourselves, while simultaneously sterilizing our selves… …. Hmmm sterilization, or love… i pick DOGE coin! The coin of love… over the imperial BTC… now openly tethered to teh corrupt financial markets of the western world through the BTC ETF approval.
Says the US elite old money hanging on for power and relevance as their dollar looses its luster, and the corruptions of corporate money in our politics crash the trust in our patriotism.
American… thats just another divisive segregation. We are all humans of earth. And that we are… of earth. Not machine or computer or city or pavement…. A tribe of all one brother and sister here on earth. A tribe bound by the forces of love, and held to combat the forces of fear that poison men’s minds with greed.
Each of us can make the choice to live by LOVE instead of by FEAR.
I love DOGE COin.
Are you afraid of missing the next blah blah blah in BTC???
Love or Fear. What do you choose?
What if it’s already over? As I count the harmonic patterns on BTC on the 1w candle on a chart with all of the history… what if this was the top for BTC? The grandest pump and dump of all time, Thanks for the juice Blackrock!
Happy Spring! Music Festival Season is upon us! Time to unite the tribes in love! And take the DOGE for a RUN… of leash!
Cryptolean Dogecoin DOGE Update Following overall bearish sentiment in the Crypto market, Dogecoin price declined from $0.179 resistance.
A closure below $0.145-$0.155 is likely to lead to a decline towards $0.121, also facing support at $0.132.
A reversal from its current price location and a bullish break-out of $0.156 will push DOGE price towards $0.18 and higher to $0.20.
Intraday Chart
The DOGEUSDT 4-Hour chart is bearish and more downside is very likely.
A bullish break-out of $0.149 will place #Dogecoin into the intraday range zone and will push price to the key intraday resistance of $0.182.
A bearish rejection of $0.149 resistance will push price lower to $0.095-$0.11, the key support zone, also facing a support at $0.131.
Support once read!
Thank you.
DOGE vs BTCThis is gone be epic! Let’s go DOGE!!
I believe we, the traders and investors of crypto currency, can perform the biggest pump and dump ever on BTC and Black Rock!
Power back to the people, and the people’s best friend crypto… DOGE coin!
Sit, Stay, and Go for runs, known for unconditional love and mans best friend… the prophecy says DOGE will survive the turmoil and apocalyptic volatility that the collapse of the US financial markets will bring, now also coupled to BTC, and Etherum with their pending ETF. Yikes!
Love u Doge!
#DOGE/USDT#DOGE
The price has been moving in a descending triangle since January 2023
With the presence of a retracement triangle pattern inside that descending channel
Finally, the price reached the upper line of the channel, which is the main resistance line
At 0.0920, which is the current price
We expect to break the resistance line with targets
First target 0.1039
Second goal 0.1157
Third goal 0.1418
With the expectation that the Moving Average 100 will be broken soon
With a large selling effect, it increases the chances of a rise
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like this kind of analysis don't forget to like and follow
Unleashing the DOGE: Dogecoin's Chart Signals a Meme Coin RallyBINANCE:DOGEUSDT The leading meme coin, presents a compelling case for a bullish trade opportunity. Technical indicators on the hourly chart have aligned, signaling potential for growth. A bullish price action coupled with a recent upward breakout from a symmetrical triangle pattern suggests a momentum shift favoring the bulls. While historical bearish divergences on the RSI warrant caution, the current neutral RSI position provides room for upward movement without immediate overbought concerns. This trade captures the essence of harnessing market sentiment while grounded in disciplined technical analysis, offering an intriguing entry point for traders seeking to capitalize on Dogecoin's market movements. The many reasons why i am entering this trade are listed below:
Exponential Moving Averages: The chart displays a bullish price action above or touching mostly the 50 EMA (green line) which both are above the 200 EMA, which is generally considered a bullish signal.
Trendlines: There is an ascending trendline support that has been respected several times, indicating an uptrend. The price has recently bounced off this trendline, suggesting the trend may continue.
Consolidation and Breakout: The price action shows a period of consolidation within a symmetrical triangle pattern, which is typically a continuation pattern. The breakout to the upside (where the green arrow points) suggests potential for a long position.
RSI: The RSI is neither overbought nor oversold, currently around the mid-level, which indicates there is room for the price to move either way. However, earlier bearish divergence signals where the price made higher highs and RSI made lower highs could be a cause for concern.
Market Sentiment: As Dogecoin is heavily influenced by fundamentals, staying updated on these could provide better context for the trade.
As always, it's important to use proper risk management strategies, including setting stop losses (potentially below the 200EMA or the most recent swing low) and only risking a small percentage of your trading capital on any single trade. TPR here for me only 200%
Good Luck
DOGE -> BTC Pump & Dump Incoming.Hello!
Let's all switch from BTC to DOGE. Leave BlackRock ETF's holding an empty bag!
If you are reading this... you were in crypto before the ETF's.
Why did you pick crypto instead of a mutual fund or the S&P??? maybe because it was insulated from government and corporate medling???
How do you feel that Blackrock just coupled BTC to the massively over inflated S&P with this ETF move? they are trying to steal our crypto investor momentum and profit off of it.
Here is the Biggest pump and dump story in all of history... build BTC until the mainstream matrix of corrupt fiat finance buys in, and dump it! Wealth Redistribution from the corporate whales to the people.
Doge coin is the peoples coin, built on love....
This could be like Gamestop time a bazillion.
The people vs the corporations.
LFG!
DOGE GOING LONG!Hello!
Let's all switch from BTC to DOGE. Leave BlackRock ETF's holding an empty bag!
If you are reading this... you were in crypto before the ETF's.
Why did you pick crypto instead of a mutual fund???
How do you feel that Blackrock just coupled BTC to the massively over inflated S&P with this ETF move? they are trying to steal our momentum and profit off of it.
here is the Biggest pump and dump in all of history... build BTC until the mainstream matrix of corrupt fiat finance buys in, and dump it!
Doge coin is the peoples coin, built on love....
This could be like Gamestop time a bazillion.
The people vs the corporations.
LFG!
Cryptolean Dogecoin DOGE Update Dogecoin is bullish in the daily chart and consolidating between $0.15 support and $0.18 resistance.
A bullish break-out of $0.179 will push DOGE price towards $0.20 and higher to $0.24.
$0.145-$0.155 acts as a daily support zone and below it, Dogecoin will decline towards $0.121.
Intraday Chart
The DOGEUSDT 4-Hour chart is neutral and trading in the wide intraday range zone where the price action will be slow and boring.
A bullish break-out of $0.182 will make #Dogecoin bullish in the 4-Hour chart and the bulls will send price to the key intraday resistance zone of $0.221-$0.236 and higher.
A bearish break-out of the key intraday support of $0.15 will push price lower to $0.11, howver this scenario is unlikely.
Like once read!
Thank you.
Will Dogecoin reach $1.00???In 2024, Dogecoin (DOGE) has some notable highlights and developments:
The Dogecoin Foundation has announced an ambitious roadmap for the year, aiming to strengthen Dogecoin's infrastructure and expand its reach globally. Key initiatives include the enhancement of GigaWallet, the release of libdogecoin 0.1.3, and the expansion of RadioDoge, aiming to provide Dogecoin connectivity in areas with limited internet access. These projects are part of the foundation's vision to promote Dogecoin’s development and utility, focusing on community-driven innovation and global reach.
Price predictions for Dogecoin in 2024 are optimistic, with some analysts suggesting that DOGE could reach or even exceed $1 by the first half of 2024. This bullish outlook is driven by a combination of factors including technological advancements, community support, and the increasing utility of Dogecoin in transactions and online payments. Analysts also highlight the meme coin's potential to benefit from broader crypto market trends and the continuous support from high-profile figures.
For those trading Meme Coins, there is now a benchmark for where to roughly close positions :) and not wait for the eternal To The Moon!
$0.50
$0.74
$0.98
ABC correction before the price continuous the previous trendThe trend consists of impulse waves and the correction
After the price drop from 0.72 (End of wave 5) at least a simple correction ABC is required
The zone at C I used Fibonacci to determine it
Waiting for the drop unless the price moves upper beyond 0.35229$
After the drop cycle end, the next target will be between 3-5$
Time To DOGE Hey Traders,
After a while here, So the chart says the story itself.
Just manage the risks & trade wisely.
Take profit cuts around 50% - 60% & leave better be in profit without loosing in greed.
Leave your thoughts + DYOR...
One last thing !! Everything works under how BTC performs
Happy Trading !!