Back up the TruckTops have increased by a factor of 8, unlike bitcoin with decreasing factors. This thing is about to run hard.
DOGEUSD.P trade ideas
DOGEUSD 1H Long Trade - 1:3 RRRRRR: 1:3
SL: 0.15090
TP: 0.20000
In this trading strategy, I present a compelling opportunity for a long position on the DOGEUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3.
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
$DOGE iH&SiHS + 8h Cloud breakout, further confirmation on bullish kumo twist
entry: accumulate when confident, add on breakout
exit: 1.618 + measured move $0.20-0.23
stop loss: <R Shoulder $0.15
NFA
The Weekly Doge Cross, Targeting $4.20 only seems appropriateTeh Doge! We just had a weekly cross on Doge coin! The last time this happened we had a rocket up in price to the extreme.
Crypto is a gamblers paradise and what better thing to bet on the OG gamble crypto itself? We have already seen plenty of meme coins pump and Elon Musk will likely pump doge in the future again with X accepting payments, Tesla, or something of that nature.
It only seems appropriate to have a price target on #doge of $4.20. The last top was around .69 cents. Coincidence? I will let you decide.
A couple technicals.
As mentioned, the weekly cross indicating it could just be getting started with a move to the upside. If you look at the previous time this happened that I circled in red, you will see that this was the beginning of a strong move and trend to the upside for Doge coin.
What's more, the main resistance at this .18-.19 cent level has been breached, the main resistance is the VWAP we are approaching just at this .25 cent area. When we get above that, there should be little resistance until the recent ATH's.
On this large time frame, while RSI is high I would take this more as an indication of strength and not that it will pull back anytime soon. MACD also looks good.
Here's to hoping Doge goes to $4.20!
Cheers,
TCD
DOGE W pattern *** LOG target of 50 cents!***Massive Qudos to Doge
It's a meme & crypto alt coin unicorn
It birthed an entire industry
So and one of the very handful of coins that can make new highs versus BTC
That is quite incredible.
here we have a lovely W pattern
with some nice targets for it
We will assess once these are made for further upside.
#Memes
#memecoins
#Dogcoins
Could price reverse from here?DOG/USD is rising towards a resistance level which is a pullback resistance that lines up with the 161.8% Fibonacci extension and could reverse from this level to our take profit.
Entry: 0.1663
Why we like it:
There is a pullback resistance level which aligns with the 161.8% Fibonacci extension.
Stop loss: 0.1836
Why we like it:
There is a pullback resistance level which is slightly below the 100% Fibonacci projection.
Take profit: 0.1487
Why we like it:
There is a pullback support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Another rev hs Rev hs on our micro time frames, since these aren’t seen on higher time frames chart pattern may not follow typical trend pattern. Easy trade setup if we see some good vol spikes
DOGENice reaction thus far from the psychologically significant .15 level described in previous idea
It may be early to say but, looks like lows are in; honestly don't think we see doge less than .15 ever again as I expect that this is the beginning of markup through .3, and higher thereafter
If we get .16 retest I'd imagine that'd be great spot to add
Study doge Jamaican bobsled team and how market/ price reacted after that news (hint: it created generational bottom), increase by an order of magnitude imo
full moon support for added confluence
$DOGE Search and DestroyNo stop loss is safe.
Doge is inducing long's and building liquidity on the local low before it is going to be a targeted sweep for the real move to the upside.
DOGEUSD Bullish Side Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist DOGEUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous Level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts.
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Bullish Signs for Dogecoin (DOGE/USD) on CoinbaseThe DOGE/USD chart on Coinbase is hinting at a potential trend reversal. An inverse head and shoulders pattern seems to be forming, following a five-wave downtrend. The pattern's left shoulder aligns with the end of wave 3, while the head coincides with the end of wave 5. Interestingly, the price climbed above the peak of wave 4, creating an upward neckline that suggests a bullish breakout.
Adding to the bullish sentiment, a golden cross is forming within the left shoulder, indicating a potential shift in momentum from bearish to bullish. This inverse head and shoulders pattern has been consolidating for over a month, suggesting a period of compressed price action before a potential breakout.
This analysis is based on technical indicators and should not be considered financial advice. It's important to understand that the market can be unpredictable, and your own research is crucial before making any trading decisions.
DOGEUSD: Bullish breakout imminent. Target 0.4000Dogecoin is trading under the 1D MA50 and just turned bullish on its 1D technical outlook (RSI = 58.834, MACD = 0.000, ADX = 43.260). This is the same accumulation process that took place in Jan-Feb and before that pre October 2023 that initiated the bullish phases of the Megaphone pattern. We expect the new one to have began by June, targeting the top of the Bullish Megaphone (TP = 0.4000).
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You know if you knowI don't mean to curse y'all bulls. I still think we are nearing a short-term bearish move. Then we hit rocket. I'm not getting shaken off the tree!
DOGEYuge level here for doge
Psychologically significant round number .15
And where much of the volume has been thus far 2024
Getting long around here for move back up to .2+ seems like a no-brainer
Remember lads, it's long doge when timeline doesn't speak of it, and take profit when timeline is basking in its euphoria
DogecoinBesides Elon musk's games and ploys on Dogecoin, this coin has some room for growth; at least based on technical analysis. If we look at the chart there is a big and wide upward channel, and price is approaching the bottom of the channel. Also, Fibonacci time analysis shows the end of the current downtrend wave is almost near. Let's see what happens.
Doge for the moonboisHere is an ultra bullish route for Doge where it crosses over $1 trillion mc. remember this is just my opinion. Don't forget to respect the pump. Target for this fractal: $5-$10
Meme Coins Up Next? Doge DogecoinWill Elon lean into Dogecoin like Roaring kitty(Keith Gill) leaned into GameStop( NYSE:GME )? Meme Stocks are taking off again. What about the meme crypto coins? Is it time to start looking into crypto trades? Doge is finding support at the 200 and 100 EMAs. Doge just needs to breakout to the upside. Doge is one to watch. If you are not into direct crypto, look into Coinbase( NASDAQ:COIN ) stock, bitcoin ETFs or Meme crypto miner stock.
Doge H&SLooks doge supports have held well, if btc continues to cooperate doge should finish the rev h&s pattern. First testing h&s support before bounce!
Almost done forming right shoulder. LONGH&S Pattern almost complete. A confirmed break above $0.162 should activate pattern. PT for my self $0.19 for my short-mid term trade. COINBASE:DOGEUSD
Could Dogecoin bounce from here?Price is falling towards a support level which is a pullback support that lines up with the 61.8% Fibonacci retracement and could potentially bounce from this level to our take profit.
Entry: 0.1446
Why we like it:
There is a pullback support level which aligns with the 61.8% Fibonacci retracement.
Stop loss: 0.1362
Why we like it:
There is a pullback support level.
Take profit: 0.1545
Why we like it:
There is an overlap resistance level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Doge at the brink of a HUGE bullish moveDoge (and BTC) to begin huge bullish movements with unbelievably high targets.
this is however just my idea! trade at your own risk!
Tell me if I am wrong. I could use some proof reading.I’ve only been seriously trading for about 18 months now even though I’m pretty familiar with the crypto space…
I’m not the best at spotting patterns so I would like to hear what you think.
Does anyone else see an inverse head and shoulders pattern on the daily chart for DOGE/USD?? COINBASE:DOGEUSD
I innately thought it was a Adam and Eve pattern but I was wrong and I fear I might be wrong again.. LMK what you think.
