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Dogeusdt

DOGE: Breakout Potential/ Long-Term Investment Considerations Accumulation Range Breakout: BINANCE:DOGEUSDT has successfully broken out of its previous accumulation range over the past few weeks. 🐃This breakout confirms a bullish trend reversal and indicates potential for further price appreciation.🐃 🍣Key Resistance Level and Consolidation: The price has reached a significant resistance level, leading to price consolidation and RSI reset. A successful breakout above this resistance level could propel the price towards the next weekly resistance at 0.3. 📊Volume and RSI Considerations: Adequate market volume is crucial to facilitate a breakout above the current resistance level. RSI approaching the overbought zone would indicate strong momentum and support the bullish case. 📈MID-Term Investment Potential: Based on higher targets, DOG could be a viable investment option if the overall market trend remains favorable. However, investors should exercise caution due to the inherent risks associated with cryptocurrency investments. 🔍📉Reversal and Ranging Scenarios: Rejection at the current resistance level and a breakdown of the RSI trendline could result in a price correction or extended consolidation. 🚫Investors should monitor these factors and adjust their strategies accordingly. 🚫This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before investing.🚫
Long
by solinash1
Cryptolean Dogecoin DOGE UpdateDogecoin is bullish in the daily chart and teasing $0.18 region. A bullish break-out of $0.179 will push DOGE price higher towards $0.20. And, a daily candle closure above $0.20 will offer a rally towards $0.24 and much higher. $0.145-$0.155 acts as a daily support zone and below it, Dogecoin will decline towards $0.121. The DOGEUSDT 4-Hour chart is re-testing the key intraday resistance of $0.177-$0.189. A bullish break-out of $0.177-$0.189 zone will make Dogecoin bullish in the 4-Hour chart and we will see a further move towards $0.22 and higher. A bearish rejection of $0.177-$0.189 will push price lower to the key intraday support of $0.145. DOGE will follow $BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole Crypto market and Dogecoin won't be an exception. Like once read. Thank you!
by Trade-Lean
DOGE is bullishWith the iCH and iBOS we have on the chart, a bullish view is formed on the chart. There are many ReChart liquidity pools that are expected to be swept soon I specified the targets Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
SasanSeifi 💁‍♂ Long-Term Analysis and Potential Scenarios As you can see, the price faced demand after collecting liquidity in the 0.080 range and managed to grow by more than 100% after breaking the long-term downtrend line. Currently, the price has reacted negatively to the important supply zone of 0.20 cents and has faced a minor correction to the 0.16 cents range. In the long-term time frame, the price can be expected to grow to the liquidity zones of 0.30/0.35 cents. Here are some scenarios we can consider: 🔹If the momentum weakens, we can expect the trend to range and then resume its upward movement if the support zones are broken. 🔹If the price faces demand and breaks above the 0.20 cents zone, the target of 0.30 cents can be expected if it is confirmed. ❌In the long term, it is very important to maintain the support zones of 0.14 cents and 0.10 cents for the uptrend to continue. This is not financial advice. Always do your own research before making any investment decisions.✌ What do you think?🤔 I would be happy to hear your opinions in the comments and support with likes. Thank you.🙌✌
Long
by SasanSeifi
DOGE/USDT Secondary trend (part). A sideways area.Logarithm. Time frame of 3 days. The sidewall is about 220%. Key levels to work with. From the descending channel (the whole secondary trend, red) price went sideways. A line graph for clarity. Bad. The main trend chart shows everything. The price is at an inadequate profit level. At least -93% of the high price is about +2600% of the average accumulation price before pumping 2021. Good. 1) Bad and good at the same time. Virtually the entire volume of coins is in "Ilon Musk's hands." Anything can be done with the price of the coin under such a monopoly. 2) An army of Twitter followers of the owner in the person of the same Ilon Musk, as before, can be directed at the right time with a few unpretentious posts. 3) It is quite likely that together with TWT the DOGE coin will somehow be usefully tied to Twitter, this will positively reflect on the price. 4) When Elon Musk starts his political career, it is very likely that this coin will have an inadequate price tag. The main trend is DOGE-EGOD. Time frame 1 month. DOGE/USD Main trend. Time frame 1 month. Cycles.
by SpartaBTC
37
DOGE - THIS INDICATOR could call the TOP/BOTTOM📉Hi Traders, Investors and Speculators of Charts📈 Bitcoin is undoubtedly on it's way to making a new ATH, and we're starting to see decent rallies across the altcoin market... finally. But a challenge during this phase of the bullish cycle is to determine pullback zones.. Where could the correction end up? I have recently discovered an indicator that works especially well on lower timeframes to assist with identifying potential large demand zones based on wicks. It's a great tool; make sure you check it out! Check out yesterday's post about Altseason 2024: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:DOGEUSD
Short
by CryptoCheck-
2
DOGE can ascend further!Hi. COINEX:DOGEUSDT Today, I want to analyze DOGE for you in a weekly time frame so that we can have a mid-term view of DOGE regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). We have a Bullish Structure here DOGEUSDT crossed out of the symmetrical triangle on weekly timeframe💡 ✌️Keep growing ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - AB=CD Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
DOGE will soon go to the moonThe correction pattern that lasted for 900 days is now over. This pattern was a large diametric whose last wave also seems to be over. Dogecoin should be pumped towards TPs soon. Buy and just keep. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
1
DOGEUSDT.1DBased on the provided market data, DOGE/USDT is currently priced at 0.14 USDT. The Relative Strength Index (RSI) values suggest that DOGE is approaching overbought conditions on the 1-day (88.91) and 7-day (77.96) charts, but is still in a relatively neutral position on the 4-hour chart (67.24). The Moving Average Convergence Divergence (MACD) values indicate a bullish trend across all time frames, with the 1-day MACD being the strongest at 0.01318. The Bollinger Band (BB) values indicate that DOGE is trading near the upper band on all time frames, which usually suggests a potential pullback or slowdown in the upward movement. The support levels are at 0.1339, 0.1165, and 0.1104 on the 4-hour chart; 0.1107, 0.098, and 0.085 on the 1-day chart; and 0.1025, 0.073, and 0.053 on the 7-day chart. The resistance levels are at 0.1527, 0.1589, and 0.1741 on the 4-hour chart; 0.1513, 0.1585, and 0.1756 on the 1-day chart; and 0.1595, 0.1887, and 0.1950 on the 7-day chart. In my opinion, while DOGE is showing signs of being overbought in the short term, the overall trend remains bullish. However, it's important to note that due to the high RSI, a temporary pullback or consolidation may occur before any further upward movement. Traders should keep an eye on the support and resistance levels for potential breakout or reversal points. As always, it's crucial to consider other market factors and your personal risk tolerance when trading.
by MarsSignals
Dogecoin Surges in Volume, Breaking Resistance: What's Next?Dogecoin (DOGE), the beloved meme-inspired cryptocurrency, has recently made headlines with a significant surge in trading volume. This surge has propelled it above the current uptrend resistance level from its recent lows, marking a potentially bullish turn of events for the quirky coin. Breaking Out of the Channel The recent uptick in trading activity has seen Dogecoin break out of its established channel, a move that has caught the attention of traders and analysts alike. Breaking free from this channel suggests a departure from previous price trends and opens the door to new possibilities for Dogecoin's price action. The Bull Pennant Formation As Dogecoin charts its course following the surge in volume, all eyes are now on the formation of a potential bull pennant. A bull pennant, characterized by a period of consolidation within a triangle pattern, could signify a period of temporary stability before another potential price breakout. Potential Scenarios While the current setup for Dogecoin appears promising, it's essential to consider potential outcomes. If Dogecoin successfully forms a tight bull pennant within the drawn triangle on the chart, it could signal further bullish momentum. However, failure to create this pennant, coupled with support failure, may lead to a retest of the 10 - 11 cents range, where uptrend major support lies. Looking for Buying Opportunities For traders and investors, a retest of the 10 - 11 cents range could present a significant buying opportunity. This level not only represents a critical support level within the current uptrend but also aligns with historical price action, making it an attractive entry point for those bullish on Dogecoin's prospects. Cautious Optimism While the recent surge in volume and breakout from the uptrend resistance level are encouraging signs for Dogecoin, it's essential to maintain a level of caution. Dogecoin is still trading under major resistance levels, and it's premature to assume the beginning of a full-fledged bull run. Conclusion Dogecoin's recent surge in volume and breakout from the uptrend resistance level have captured the attention of the crypto community. With the potential formation of a bull pennant and critical support levels to watch, the stage is set for an intriguing chapter in Dogecoin's journey. Traders and investors should remain vigilant, keeping a close eye on price developments and potential buying opportunities as the story of Dogecoin continues to unfold.
by UnknownUnicorn2319099
DOGE/USDT Breakout the Descending channel. Upward Momentum ??💎 DOGE's recent market performance has been quite notable. After breaking out of a descending channel, DOGE is now undergoing a retesting phase at the trendline of the same descending channel. 💎 If DOGE successfully bounces during this retesting phase, it probability could signal a continuation of the upward movement, potentially reaching a significant resistance target. 💎 However, should DOGE fail in its retesting phase — meaning the candle retreats back into the pattern — it may indicate a false breakout. In such a case, DOGE could retreat to the demand area to gather momentum for another attempt at breaking out. 💎 The demand area is a critical point for DOGE. A failure to hold this level and a breakdown of the demand zone could suggest a shift back to a bearish trend. DOGE needs to exhibit a bounce from this area to maintain a bullish outlook. 💎 If it breaks down through this demand zone, the next likely downward target would be the Bullish Order Block (OB) area, with a possibility of descending even further.
by MyCryptoParadise_Nathan
1
DOGEUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. increased risk(dogshit token) Entry: Market and lower Targets: 0.11 - 0.13 - 0.15 Stop: under 0.068 (depending of ur risk). RR: 1 to 4 ALWAYS follow ur RM. risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive