DOGEUSDT : Rising Wedge PatternShort Trade Setup: TP 1: Set the first take profit at 0.11605. TP 2: Set the second take profit at 0.11302. Stop Loss (SL): Place a stop loss above the recent high or the upper boundary of the wedge, around 0.12735.Shortby InvoTrading0
DOGE 4H Upside Potential 12-40%Trade Idea: Short Dogecoin (DOGE/USDT) **Current Price:** $0.12407 **Trend Analysis:** - The chart shows a downtrend with a descending trendline marked in red. - There is a potential continuation of the downward movement as the price is respecting the descending trendline. **Support and Resistance:** - Immediate support levels are indicated by the green dotted line below the current price. - Immediate resistance is marked by the red dotted line above the current price. **Trade Execution:** 1. **Entry:** - Enter a short position near the current price level of $0.12407, ideally at the trendline or slightly above it if the price retests the trendline and gets rejected. 2. **Stop Loss:** - Place a stop loss just above the trendline to minimize risk, around $0.12500 to $0.12600, depending on your risk tolerance. 3. **Target Levels:** - **Primary Target:** The next significant support level as indicated by the lower green dotted line, around $0.12200. - **Secondary Target:** If the downward momentum continues, the price may reach the lower blue box region, which could be around $0.12000. **Risk Management:** - Ensure the risk-to-reward ratio is favorable, ideally 1:2 or better. - Adjust the position size to limit the risk to a comfortable percentage of your trading capital, typically 1-2%. **Technical Indicators:** - Monitor volume to confirm the strength of the downward move. - Use additional indicators like RSI or MACD for further confirmation of the trade setup and potential overbought/oversold conditions. **Note:** - Continuously monitor the trade and adjust stop loss and targets as needed based on market conditions. - Be aware of any fundamental news or events that could impact the price of Dogecoin. This trade idea assumes that the downtrend will continue, and the price will respect the descending trendline while moving towards the next support levels.Longby fathi3231720
DOGE - March 2024Exciting Update Alert! Patience pays off! Our last chart brought in massive profits, demonstrating the power of Spot trade and steadfast patience in navigating market FUD. Remember, charts never lie – they're our guiding lights in the tumultuous seas of trading. Now, let's dive into the fresh projection on DOGE. By analyzing current support and resistance levels, we can strategically plan our moves to ride the chart's price action. As traders, we don't predict markets; we simply hop on the train with the price action. It's all about mindset! If you missed out on my earlier DOGE chart when it was at the 8 cents zone, don't fret. Take a look now! But let's shift our focus to the present. In this update, we'll pinpoint our entry and exit strategies. We have two potential entry points: one upon breaking out of the current resistance level, with a tight stop loss below it, and another at the next support level. Remember to keep it simple, prioritize money management, and always have your stop-loss orders in place. Let's make these trades count! by Seahawks_Updated 11
Is it time for DOGE?Exactly 2 weeks ago I posted the idea about BINANCE:DOGEUSDT might check 0.13 area and complete Elliot Wave theory. All profits are taken. Now it is a time to observe and wait patiently. There are a few things I would like to see: 1. Close a candle above 0.13 in 1D TF. 2. BOS or CHOCH movement. 3. Volume. 4. CRYPTOCAP:BTC.D to decrease. by terayu0
Limit orders at bottom starting with the number 1Put your limit orders at $1 for bitcoin, and in increments of any number with a 1 in the front. Nothing less than a $1 for Bitcoin and .01 for Doge. Crypto's bottom is where you set it. P.S. My ideas are stupid, don't listen to me so you miss the only airdrop bitcoin will ever haveLongby Antizma0
ANNOUNCEMENT: EXIT INTO DOGECOIN - THE ONLY CRYTPO TO SURVIVEIf you can't get your money off the digital exchanges but you can still send crypto - send it into a DOGECOIN code wallet. I don't have knowledge of why, but its the only crypto that will survive, and retain its value. (Maybe Musk has your backs, idk)by Antizma0
Doge will drop before starting rallyThis is my trading program on Doge, and I expect the price of altcoins to fall even up to 50% in the coming days, and after that, the attractive growth of crypto.Shortby makaro7s0
DOGE .17 Elon said to the moon it is the peoples coin and it is performing very well it never dropped its ranking while the rest disaaperedby OsangUpdated 6
Dogecoin _ / TetherUS _ June _ Prices _ Under _ Trading _ Venue Dogecoin _ / TetherUS _ June _ Prices _ Under _ Trading _ Venue _ Binance. $0.15705 $0.16008 $0.16248 $0.16375 $0.16822 $0.17050 $0.17293 $0.19134 $0.21157 New support confirmation over March : $0.23688 $0.24022 $0.25714 We will take short break from here!by Skill-Knowledge-Conduct0
DOGEUSDT.1DAnalyzing the DOGE/USDT daily chart, I've drawn several observations based on the displayed technical indicators and price patterns: Support and Resistance Levels: The current price of Dogecoin is oscillating around $0.14596, which is slightly above the support level (S1) at $0.13777. The next significant resistance levels are R1 at $0.16548 and R2 at $0.21101. The support and resistance levels are crucial for predicting potential turning points or continuation of the price trend. Price Patterns: The chart exhibits some consolidation after a drop, indicating indecision in the market. This consolidation near a support level could suggest that buyers are beginning to see value, potentially leading to a price rebound. Technical Indicators: Relative Strength Index (RSI): The RSI is near 50, which generally indicates a neutral market condition. This positioning suggests that the price could swing in either direction, depending on market dynamics. Moving Average Convergence Divergence (MACD): The MACD is relatively flat and close to the zero line, indicating a lack of strong momentum in either direction. This could suggest a period of sideways movement or the potential for a trend shift if a catalyst occurs. Trading Strategy: Considering the price is near a significant support level, this might be seen as a buying opportunity for those speculating on a rebound towards R1. However, it's essential to set a stop-loss slightly below S1 to protect against a potential break lower, which could see the price moving towards S2 at $0.12214. Risk Management: Effective risk management is critical given the uncertain market conditions indicated by the RSI and MACD. Traders should ensure their trading plan includes predefined risk parameters, adjusting position sizes and stop-loss orders to manage potential downside. Conclusion: DOGE/USDT presents a moderate risk opportunity with the price near key support. A bounce off this level could offer a short-term trading opportunity with a target at R1, while a break below could lead to further declines. Given the flat MACD and neutral RSI, traders should remain cautious, monitoring for any changes in volume or news that might influence price direction. This approach ensures preparedness for both potential upward movement and continued downside risk.by MarsSignals0
$DOGE Double top and double bottomCRYPTOCAP:DOGE Double top and double bottom Which way will it go? Final sweep of local liquidity prior to taking out $0.17? Do your own research. Not advice. by goldlot70Updated 0
DOGE Analysis: A Potential Rebound on the Horizon? *1-Hour Chart: Oversold and Ready to Bounce!* The current price of 0.160465 is hovering just above the lower Bollinger Band (0.160164), indicating an oversold condition that could spark a rebound! The support level at 0.158270 is within striking distance, and a successful test could propel DOGE towards the middle Bollinger Band (0.162133) and beyond! *1-Day Chart: Finding Footing for a Potential Uptrend* On the daily chart, DOGE is slightly below the middle Bollinger Band (0.161545), indicating a slight downward pressure but not far from a potential reversal. The support level at 0.157109 is a crucial level to watch, and if DOGE can maintain above it, a move towards the middle Bollinger Band (0.161545) and even the upper band (0.174070) is possible! *Combined Analysis: A Bullish Scenario Unfolds* In the short term, DOGE could target the middle Bollinger Band (0.162133) and even the upper band (0.164101) if the price holds above the support at 0.158270. On the daily chart, sustaining above the support at 0.157109 could push DOGE towards the middle Bollinger Band (0.161545) and beyond! *The Verdict: Will the Bulls Take the Lead?* If DOGE can maintain above the 1-hour support at 0.158270 and find strength, a bullish scenario could unfold, targeting the middle and upper Bollinger Bands on both charts. However, a failure to do so could result in a retest of support levels, leading to a bearish downturn. The trade is on - will the bulls take the reins? Remember, this analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions.by The_Bull_Trader1
$DOGE RSI is ready to blow Doge RSI is climbing and sits right at the same point it was prior to the February 2024 rally. What comes next? Not advice. Do your own research. Longby goldlot702
DOGEUSDT Scenario to reach $1 / (Memecoin Basket)BINANCE:DOGEUSDT COINBASE:DOGEUSD Hello Traders DOGECOIN is one of my suggestions for the altcoin market (Memecoin Basket). Highly potential for the alt rally season. The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲 As the alt-season rally approach, the demand for meme coins will increase continuously. Longby CrazyS16
DOGEUSDTDogecoin analysis Daily and 4-hour time frame I expect to move according to the drawn pathLongby m0neyminer4
Dogecoin (DOGE) Technical Analysis and Trade IdeaDuring the recent rally, Dogecoin (DOGE) exhibited significant bullish momentum. In our video analysis, we explore a potential buy opportunity, provided that price action aligns with our entry criteria. Let’s closely examine the 1-hour chart: Market Structure Breakout: The previous bearish trend has been disrupted by a bullish breakout in market structure. Long Bias: While my bias leans toward a long position, it remains contingent on price action developments retracing into my Fibonacci zone, as outlined in the video. Please keep in mind that this content is for informational purposes only and does not constitute financial advice. Make independent trading decisions based on your risk management strategy. 🚀📈Long09:07by tradingwithanthony225
Dogecoin Analysis: Going Parabolic to the Moon?!Dogecoin is showing a change in character on the chart, shifting from bearish to bullish. It is about to move from the support level at $0.10 to $1, as the bull market is just getting started, IMO.Longby farhadnmd11
$doge is going higher Hello ledges. Hope your guys doing well. Dogecoin is going higher. Resistance turned into support. Send it higher. Longby rapobulltrading3
"Dogecoin Analysis: Elon Musk's Favorite Cryptocurrency"🌟 Unfortunately, the previous two analyses of DOGE and TON were removed from the channel due to some issues. I will repost them for you, but please make sure to support us as this is not good for the channel. Also, I will be starting a new program for you today. 💹 Let's analyze this popular cryptocurrency that has brought many enthusiasts closer to the crypto market. 📊 Weekly Timeframe Analysis : In the weekly timeframe, if we examine the long-term candles, we remain in an uptrend. In the closer candles, after exiting the 0.05653 to 0.10223 box, unlike most crypto coins, we broke the box's top and started an upward movement. After reaching the resistance at 0.22426, we are currently in a resting phase with decreased volume, which still confirms the trend. 🔍 The Importance of Weekly Boxes in Cryptocurrency : The significance of weekly boxes in cryptocurrency is crucial. This is an excellent point for explaining the crypto market and holding a long-term portfolio. It doesn't mean that it's the right time to buy now and convert all money into coins; this view is entirely wrong. You should act based on technical analysis and the project's fundamentals, as well as market ratios. 💡 What does this mean? ⏳ It means that after studying the project and understanding its long-term goals and importance in life or blockchain, you should wait for the trigger to activate. It's just like trading in futures. You need to analyze the weekly chart as you would analyze a 4-hour chart. For example, weekly boxes in cryptocurrencies like LINK, DOGE, JASMY, MKR, and VET. So, it's not too late; you should act technically. For this coin, after breaking the weekly box, volume and money entered the coin, causing a pump. 📅 Daily Timeframe Analysis : In the daily timeframe, we have bounced back from the support at 0.12889, which is around the 0.382 Fibonacci level. If we bounce back from this level, the likelihood of breaking the top and starting an upward trend increases. Additionally, the volume decreased after hitting the resistance at 0.22084 and the appearance of seller candles, which is also a good sign for price increase. 📈 Long Position in Futures : For a long position in futures, after 0.17372, you can open a long position in the trend direction. However, it's better if the volume increases after the breakout and confirms our probable trend. 📉 Short Position : For a short position, there are better coins in the market like ATOM, MASK, and others. However, if you are only trading this coin, you can consider a lower top after breaking 0.15637 in the lower timeframes and open an early short position, but you still need volume confirmation. 💼 Buying DOGE : For buying this coin, I will wait for now. Aside from the chart, the project itself is significant to me. This coin is more of a joke and doesn't have a specific function or activity, but because it has a strong community and Elon Musk supports it (in my opinion, he is the project owner), we can add it to the portfolio after our triggers are met. If there are any triggers, I will update the analysis, and if not, try to buy after breaking 0.22084. 🔮 Future Supports and Resistances : Future supports: 0.12889, 0.10223, 0.07749 Future resistances: 0.17372, 0.22084, 0.34357 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.by RealMRA1192
Could we get better position to enter?This is my idea of how DOGE will go in near future. I think DOGE is still consolidating like BTC, looks like we might see little pullback to 0.12-0.13 area. That means completing 5 waves of Elliot wave theory. 0.13 might sound awful for those who invested in, but if DOGE ever hit 0.12 area again that means checking that area 3rd time and its gonna be huge confirmation to go up, maybe even higher high. Unless DOGE could close candle above 0.18 in 1D and 1W timeframe it is most likely to go down before the big impulse.by terayu1
Dogeusdt Trading ideaDOGEUSDT is showing signs of forming an Adam and Eve pattern, which could lead to a significant uptrend. Doge accumulation should be consider towards the Buy Back zone as a good area to enter positions. In case of a breakout above the local resistance area on the chart, buying the pullback to this area might offer an opportunity, as it could turn into a massive strong support zone. The Pattern Neckline zone will play a crucial role as a resistance area, where profit-taking could be considered. Keep a close eye on market developments and be ready to adjust your trading strategy accordingly.by wesladUpdated 1515130
DOGEHi guys Considering the consumption of the specified range, the probability of reaction to the specified price range is very high. On the higher time frame, the probability that a higher ceiling will be formed compared to the previous ceiling is very weak. As a result, our bullish view is short-term for now. What do you think?Longby BiTBingoUpdated 14