doge dogecoinWhy did I buy Dogecoin? You can see the reason in the weekly chart!Longby Cryptobillionairesss2
The DOGE price could drop 60% by the end of this year!Hello traders, today I would like to explain to you something that may cool your views on this year's increases ;) Dogecoin grows 150% in 6 days, but be careful because it is now the most "bought" since April 2021 The DOGE price could drop 60% by the end of this year as it reached its highest overbought level since April 2021. According to the classic technical indicator, Dogecoin's ongoing price rises are starting to look overburdened. The Relative Strength Index (RSI), a momentum indicator that measures the degree of recent price movements to analyze overbought or oversold levels, rose to 93.69 on Dogecoin's daily chart. This is the highest level since April 2021, a month before the DOGE price hit a record high of $ 0.75. Therefore, the "overbought" state does not necessarily mean an immediate bearish reversal. However, they reflect the current euphoric buying dynamics in the market, which sooner or later pushes the price to a sideways trend or a downward correction. Dogecoin's 2018-2020 bear market on a weekly chart sheds light on similar price action. It's worth noting that the DOGE crashed almost 95% almost two years after it peaked at $ 0.0194 in January 2018. During the token correction period, the trend was visible in the downstream channel. It broke out of the upward range in July 2020 but followed the bullish move with a sideways consolidation trend - between Fib 0.0022 and 0.236 Fib $ 0.0054 - through December 2020. By comparison, the ongoing bear market on the Dogecoin token is shorter but follows a similar trend trajectory to the 2018-2020 period, as shown above. Therefore, DOGE may fluctuate in its current 0-0.236 Fib line range (or in the range of $ 0.055-0.176) after breaking the downward channel. In other words, DOGE could correct the rate to $ 0.055 by the end of this year, which is about 60% down from current price levels, if the fractal works as intended. Conversely, an immediate break above the 0.236 Fib line could lift DOGE to $ 0.25 as another uptrend. Good luckby seba26-77Updated 141451
DOGEManual stop of course, but hypothetically speaking DOGE to .093 from this juncture seems relatively straightforwardLongby jhonnybrah112
Start Bullish Market ?? Wave ThreeHello there! I am a big fan of the Elliott Wave Principle, which is very interesting and useful for analyzing the market. I have developed my analytical approach by combining the principle with my personal experience and considering various scenarios that may occur in the market. Although I want to share my analysis with you, I want to emphasize that I do not provide buy or sell signals. My main intention is to share my unbiased analysis so that you can use it as a guide to make informed decisions. To build your confidence in my analysis, I always share my previous analysis of the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand. I hope that my analysis will be helpful in your trading journey and wish you all the best. Sincerely, Longby mehdi47abbasi799
DOGECOIN'S BIG RALLY IS COOKING. $1 IN 2024The monthly stochastic RSI is BULLISH AF. Be prepared for DOGE to make history in the next 6-10 months. The next move will be ASTRONOMICALLongby Jonalius2212
Going for a run, DOGe?Well, Doge is very excited as we push through the recent local high. Could be a nice run weβre embarking on! Pink trace is new from the 9m view.Longby DHLawrenceUpdated 1
Go DOGe GO!Hello DOGe Fam! ... Its snowing, and these are the best fits I have for the harmonic patterns and level behaviors of doge coin. Looking good on 4 of 5 forecasts... Hoping we see DOGe de-couple from BTC and the S&P in the next few days here. showing the end of a neutral sideways pattern on BTC, that gives way to big corrections in multiple forecasts. also one forecast for BTC that shows continued moderate growth. Who is new to the DOGe Fam? Welcome aboard! the last few runs have been splendid fun. excited to have you all on board for the next one! :) Longby DHLawrenceUpdated 338
DOGE.0842069 wow. Nice. In 3-6 months we'll look back at these prices and miss them... Could also see DOGE do something like this Physical delivery pump Doge 1 pump 420 pumpLongby jhonnybrah4
DOGEReadjusting near term targets upwards We have Dogecoin physical moon delivery and Doge-1 missions soon 2-3x God candle loadingLongby jhonnybrah10
Doge Pay Day if BTC can't break 38LBreak above the long-term trendline is always exciting, but if bitcoin goes down you can be certain this turns into a head and shoulders and back down so will doge for a huge pay day you can see my other daily chart on bitcoin that relates to this play.Shortby dogdaddevanUpdated 662
DOGE - RSI tops check.Hello Doge Fam! Checking in today, and adjusted the white fit... it lands nicely on the levels looking forward too... but no guarantees we follow it. just a pretty good example of how we behaved BULLISHly in a situation like this, in a recent harmonic position, to have likely influence over our current emotional responses to doge's movements. Sit, Stay, ... don't miss going for a run!!! Good boy! Love and Light to all!by DHLawrenceUpdated 2
$Dogecoin to the moon!Dogecoin has cleared the upper resistance line. We have $0.10 resistance ahead,if it clears it, Dogecoin is going for higher levels. I expect the following targets for Dogecoin: $0.10 in 2023 $0.30 in 2023 $0.50 2024 $0.75 2024 $1.0 2024 Longby K-alonziUpdated 10
Doge can reach 3$ and then 10$Since I have kept the price trend of Doge Coin and analyzed it carefully The first price is $3 and then $10 in the next 6 months We will display it here as a keepsakeLongby UnknownUnicorn133778474416
DOGEAnother look at DOGE on lower time frame I believe .081 is a very important higher time frame level to overcome Starting to close above opens up the door for a swift ascent to the next relevant higher time frame level, which is .092 We can also draw an ascending triangle (.07 base and .081 resistance) to get a breakout target of .092Longby jhonnybrah0
DOGEFriendly reminder that they're literally sending DOGE to the moon I believe you can simply buy now and hold for a nice 2 and/or 3x move that is currently in the making All you have to do is have a little faithLongby jhonnybrah8
DODGE% X 6 in 2024 ?Hello+the cci signal has become positive+ is this still fake or not+by Le-tradeur-de-fortune-and-co6
Doge Crazy Numbers are Talking- Don't look at the Fibo, it's messy. - i just added Fibo on this trend because i want to see the final results after next bullrun. ------------------------------------------------------------------------------------------------------- - So let's talk % : ------------------------------------------------------------------------------------------------------- - if u bought the bottom in 2016 and Hodl Doge until ATH. - You could have win 930 000%+ - invest 1000$ in 2016 Bottom - Get 9,300,000$ at the top of the ATH in 2021 ( yes 9.3 Millions $) ------------------------------------------------------------------------------------------------------- - if u bought the bottom in 2019 and Hodl Doge until ATH. - You could have made 30 000% - invest 1000$ in 2019 Bottom. - Get 301,000$ at the of the ATH in 2021. ------------------------------------------------------------------------------------------------------- - The last bullrun in 2021 was Extremely Bullish. - if you know about Fibo, you will notice the " WTF ?" in the chart. - Doge literally exploded the 423.6% Extension to go 100%+ Higher... - what a performance! ------------------------------------------------------------------------------------------------------- - So for the next bullrun the minimum we could get for Doge is 3$. - Around 5600% from the last bottom. - invest 1000$ - get 56,000$ ------------------------------------------------------------------------------------------------------- - So all those numbers and % look crazy right ? - But Numbers are talking, not me! - Remember one thing, to be a day trader is really hard. - But to be Hodler and armed with patience is much more easy. - Making money is the long run is the best method. - invest what u don't need for living and just wait few years..... Happy Tr4Ding !Longby thecryerUpdated 8830
Dodgerer Do Everyones favourite meme coin is setting up a nice head and shoulders pattern on top of the long term rising channel. If we see Doge break support on the channel, SMA and ICh cloud we will have a nice short set up. Time will tell and not financial advise so its notShortby BringTheFingerBack4
DOGEFairly confident you can get away with this There is limited downside risk as we've been basing for ~18 months and to the upside not much resistance between here and .13, which is the first quarter retrace of the whole move from peak to trough Remember, they're literally sending Dogecoin to the moon later this year in DecemberLongby jhonnybrah4
DOGe - updated trace fitsLets go DOGE! been waiting 2 years for a nice run! ready to flex those legs! S&P just rallied into a deadman zone... let's move those wins over to DOGe for the long run! Good Luck, God Speed, Love & Light to All!Longby DHLawrence2
Dream Doge PredictionBy no means is this financial advice however there is a strange corolation between the Bitcoin cycles and Doge cycles. Note: It seems that Doge is one cycle behind the bitcoin cycles. Does this mean Doge will have a double top like Bitcoin did last cycle? The green line has a prediction of when the final Doge top will be based on previous Doge cycles. The orange lines highlight the Bitcoin halvings. Prediction: I am predicting that Dogecoin will have a double top similar to what Bitcoin experienced last cycle. Assuming the Bitcoin ETF is approved in the next two months, I believe that Bitcoin will lead the crypto markets higher as institutional investors finally have their chance to flood the crypto market. Bitcoin will then top out before or during the Bitcoin halving in April of 2024, pulling all other cryptocurrencies lower. The markets will then stabilize after the Bitcoin halving and go into a suckers rally which will be the second top for Dogecoin. Some time between May and June of 2024 the FED will begin cutting rates which will send all of crypto into their respective bear markets. This will also be the start of the recession that everyone have been calling for. Doge Price Predictions: Top #1 $3.98 or $15.00 Top #2 $6.74 or $22.00 (In other words, I have no clue) Again this is not financial advice, just my personal opinion. Longby MAG_Investments11
Megaphone Continuation PatternThis is called a megaphone pattern and it is a continuation pattern. I expect Doge to continue this pattern until it breaks to the upside.by Superr_Steve226
DOGE Barks The Bears Away, Eyes A New Bull Run!Sustenance Above 50D EMA: Dogecoin maintains its position above the 50-day EMA, reclaiming bullish momentum. 8% Jump in Three Days: DOGE price experiences a strong comeback with an 8% increase in the last three days. Targeting $0.10 Mark: The ongoing recovery aims to reach the psychological mark of $0.10. Avoidance of Major Downfall: Despite market turbulence due to Binanceβs criminal charges, DOGE avoided a significant drop below the 50-day EMA. Recovery from Downward Trend: After a short-term downtrend, DOGE price has recovered from $0.0717 to current levels. Falling Wedge Breakout Rally: DOGE sustains the rally following a falling wedge breakout. Phoenix-Like Recovery Amid Market Recovery: Dogecoin showcases a strong recovery amid overall market improvements. Increased Trading Volume Support: The bullish recovery is supported by increased trading volume. Technical Indicators - MACD and EMA: The MACD indicates a shift towards bullish alignment, and the golden crossover in the EMA remains positive. Potential to Reach $1: Long-term prospects for DOGE price reaching $1 are improving, with a more immediate target of $0.10. Current Trading Price: DOGE is trading at $0.0777 with a 1.71% intraday growth. Risk of Downfall to $0.0661: If there's a decline below $0.070, DOGE might retest the $0.0661 level.Longby Coinpedia-Market-Insight5