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DOGECOIN / TETHER USD on BSC (0x89da4102853C6cf3F4e9979CBb1dC4a166F38E84) in USDDOGECOIN / TETHER USD on BSC (0x89da4102853C6cf3F4e9979CBb1dC4a166F38E84) in USDDOGECOIN / TETHER USD on BSC (0x89da4102853C6cf3F4e9979CBb1dC4a166F38E84) in USD

DOGECOIN / TETHER USD on BSC (0x89da4102853C6cf3F4e9979CBb1dC4a166F38E84) in USD

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DOGEUSDT_89DA41.USD trade ideas

Dogecoin (DOGE) Gears Up for a Leap Towards $0.090200-Day EMA Reversal: Dogecoin displays a bullish shift from the 200-day EMA, raising hopes for further gains. 50-Day EMA Resistance: The DOGE price encounters a hurdle at the 50-day EMA, hinting at a possible double bottom reversal. Upside Potential: Breaching the 50-day EMA could propel DOGE towards the $0.090 level. Market Recovery Tailwind: As the crypto market shows signs of revival, meme coins like Dogecoin find renewed traction for upward movement. Anticipation for February Rally: The current market dynamics set a stage for a potential rally in Dogecoin, especially in February. $0.10 Milestone Insight: For insights on whether Dogecoin will surpass the $0.10 mark in 2024, delve into our in-depth DOGE price prediction. W-Shaped Comeback Strategy: Dogecoin’s price action resembles a W-shaped recovery, indicating a potential breakout. Retest of Crucial Levels: After failing to hold gains above the 50-day EMA, DOGE retests the foundational support at the 200-day EMA. Bullish Engulfing Pattern: A recent bullish engulfing candle, coupled with a spike in trading volume, underscores the strength of the recovery. Consolidation Zone Forming: A trading range is emerging between the 50-day and 200-day EMAs, setting the stage for a decisive breakout. MACD Indicator Optimism: The MACD indicator’s bullish crossover underlines a resurgence in Dogecoin’s recovery trend. Critical Price Movements: If Dogecoin can successfully breach the 50-day EMA, a rise to $0.090 seems likely, with potential to touch $0.10. Conversely, a dip below the 200-day EMA might drag the price down to $0.075.
BINANCE:DOGEUSD
by Coinpedia-Market-Insight
DOGEOrderblock analysis: Prior swing low taken on January 3rd dump to .076. Last down candle before the move up a few days thereafter, which is where orderblock is. It is where market orders selling were absorbed by passive bid. Entity with enough size to move market absorbed all the sell pressure, thereby creating orderblock. Market structure breaking move to the upside follows as other large buyers step in, leaving behind liquidity gap or fair value gap that is often protected on any retests. You can see buyers stepping in at the same place the orderblock was originally created on retests so far.
KRAKEN:DOGEUSDLong
by jhonnybrah
DOGE - common patternsHello! Here are one of the common chart patterns illustrated on my 3D space map. Using some of the short range projections to establish longer range projections makes my chaotic seeming method quite powerful at forecasting the future of likely movements between levels. When key decision points arise, conducting the same method on the 30s time frame allows me to accurately trade. Though that does clutter up the chart and crash the servers at TradingView. Here we are zoomed in on the 9minute candle.
COINBASE:DOGEUSD
by DHLawrence
4
DOGE price at retest, Will buyers make a comeback?Resistance Breakout Rally: DOGE exhibits a resistance trendline breakout, hinting at the start of a bullish phase. Recent Pullback: An 8% drop in 48 hours tests the 100-day MA, raising concerns of a potential downtrend. Critical Support Level: The $0.082 level is pivotal; a fall below could lead DOGE to $0.070. Double Bottom Reversal: The current pattern suggests a possible bullish reversal, despite market-wide corrections. Bearish Candle Analysis: Lower price rejections in recent bearish candles indicate a chance for post-retest reversal. Current Trading Position: DOGE is trading at $0.08347, showing resilience above the $0.082 support. Technical Indicators - MACD: A bullish crossover between MACD and signal lines suggests a recovery trend might be resuming. Moving Averages: Dogecoin is navigating between the 50 and 200-day MAs, suggesting a mid-term sideways trend. Potential Rally: Sustaining above $0.082 could lead to a 28% rally, rechallenging the $0.106 high. Fakeout Risk: A plunge below the recent breakout trendline could signal a fakeout, increasing selling pressure. Market Sentiment: Overall market sentiment and external factors will play a crucial role in DOGE's price trajectory. Long Tail Candle Analysis: The formation of long tail candles points to bullish attempts to maintain the current rally.
BINANCE:DOGEUSDLong
by Coinpedia-Market-Insight
Is Dogecoin Coiling Up And Preparing For A Move?Looking at the technical picture of EASYMARKETS:DOGUSD on our daily chart, we can see that the crypto continues to slide, after peaking in the beginning of December. It is now trading below a short-term downside resistance line taken from the high of December 11th. That said, the rate is currently finding support just slightly above the 200-day EMA and above a short-term upside line drawn from the low of October 19th. This means that the EASYMARKETS:DOGUSD might be coiling up and getting into a squeeze. We would prefer to wait for a breakout through one of those given trendlines first, before examining the next directional move. In order to consider a decline in the near term, a break below the aforementioned upside line, a drop below the 200-day EMA and at the same time a fall somewhere below the 0.077 hurdle would be needed. This way the bulls could get spooked from the arena for a bit, allowing more bears to join in. EASYMARKETS:DOGUSD may then travel to the current lowest point of January, at 0.073. If the selling doesn’t stop there, we might then aim for the 0.070 territory, or even the 0.065 zone, marked near the lowest point of November 2023. Alternatively, a break of the previously discussed downside line could attract more buying interest, possibly sending EASYMARKETS:DOGUSD to the high of last week, at 0.088. If the bears are still asleep, this might allow the buyers to continue applying pressure, possibly sending the rate to the 0.095 hurdle, or the 0.099 level, marked by the high of December 15th. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:DOGUSD
by easyMarkets
2