Low Risk Doge Long TrialConsidering that other cryptocurrencies have experienced some price fluctuations, I still anticipate further potential for growth in DOGE coin. However, with New Year's Eve approaching, I plan to adopt a cautious approach by implementing a stop loss. It's worth noting that DOGE may trigger the stop loss and then continue its upward trend, so I'll leave some flexibility in my position to either close it or let it ride. It's essential for everyone to establish their own risk management strategy, so make your decisions thoughtfully.
This is my trial. Not a financial advice.
Dogeusdtlong
#DOGEUSDT: Strong bullish impulse expect to occur from our zoneDear Traders,
The next couple of weeks, we expect crypto market to be extremely bullish and that is why dogecoin is one of the coin that has possibility to go up and above. We expect price to drop and touch our demand zone from there we expect price to bounce rapidly. We expect price to drop to our demand zone by end of tomorrow.
DOGE target $0.11398Doge perform channel down, but you can see that CRYPTOCAP:DOGE have a strong bullish movement
to follow bullish, best entry point at fibonacci, minor support or major support
channel down resistance can be intraday target.
My opening position :
Buy long : 0.09508
stoploss : 0.09430
take profit : 0.11398
Stoploss risk : $1.2189
Takeprofit projection : $24.23
Profit percentage : 2423%
Rr Ratio : 24.3
Hedging :
Rebuy : Minor trendline
rebuy : Major trendline
*blue line are major trendline support
DOGE DOGECOIN Technical Analysis And Trade IdeaIn recent times, DOGE has showcased a robust bullish trajectory. This video meticulously delves into the Dogecoin trend, intricately scrutinizing price action and pinpointing potential trading opportunities through a comprehensive evaluation across both the weekly and daily timeframes. Expect a thorough examination of price dynamics, market structure, trend analysis, and pivotal technical analysis elements. It's imperative to highlight that the information presented is strictly for educational purposes and should not be misconstrued as financial guidance.
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 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 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 → 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!
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 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!" 🚀
The breakout confirmation of the descending wedge on DOGE Hello everyone!
DOGE has been in a prolonged sideways movement for exactly a year with gradual decrease in peak price values and updating of local lows.
This movement formed a descending wedge formation, and upon breaking out of this formation, the price should reach the range of the widest part of the pattern, which is also confirmed by Fibonacci levels.
If a position is opened from the current values, the expected profit is 66%. If an entry is made from the 0.236 Fibonacci level, the expected profit is 51%.
This is not financial advice, and everything you do is at your own risk!
Doge Breaks Through Resistance of 0.065 - Time to Go Long!
I hope this idea finds you wagging your tail with excitement because guess what? Doge has just made a jaw-dropping move by breaking through the resistance level of 0.065! 🚀🐶
I couldn't contain my excitement and had to reach out to you immediately to share this thrilling news. Doge has been gaining momentum lately, and this breakthrough is a clear sign that it's time to hop on the Doge train and go long!
But why should you consider going long on Doge? Let me give you a few pawsome reasons:
1. Breakthrough Momentum: Doge's recent breakthrough of the resistance level indicates a strong bullish sentiment in the market. This breakout has the potential to fuel a significant upward trend, presenting an excellent opportunity for traders like you.
2. Community Power: Doge has one of the most vibrant and passionate communities out there. Their collective enthusiasm and support have played a significant role in driving Doge's growth. With such a dedicated community behind it, Doge has the potential to surprise us all!
3. Volatility: We all know that volatility can be a trader's best friend. Doge has shown its ability to make wild swings, presenting ample opportunities for traders to profit. By going long on Doge, you can ride the waves of volatility and potentially maximize your gains.
Now, I know you're probably itching to take action and capitalize on this exciting opportunity. So, here's your call-to-action:
📣 Join the Doge revolution now and go long on Doge! 📣
Whether you're an experienced trader or just starting, this breakout presents a fantastic chance to make some serious gains. Don't miss out on the action!
Remember to conduct your own analysis, set your risk management strategies, and make informed decisions based on your trading goals. As always, it's crucial to stay updated with the latest market trends and news.
Grab your trading gear, brace yourself for an exhilarating ride, and let's go long on Doge together!
DOGEUSDT at monthly support, likely to bounce upThe price has hit the monthly support MS1 again. It has done that several time in the past and this support has held the price since the drop started after hitting all time high in 2021. Everytime, the price has bounced from this support before the next visit of this support. The price is again at the same juncture and it is likely that the price bounces from this support again. The price may dip a bit further into this monthly support zone but eventually it shall reverse sooner or later from this zone. Therefore, a long from this zone is favorable. In case if the unlikely event of losing this monthly support happens, then it is likely that the price will visit weekly support around 0.009.