DOGECOIN: WEN RALLY? (June 14, 2024)Dogecoin is showing signs of trouble near term, but this is nothing new as we are repeating a key pattern last seen throughout Q3 - Q4 of 2020! Let's break it down!
DOGEUSDC_DE3DFF.USD trade ideas
Could Dogecoin bounce from here?Price is falling towards a pullback support level and could potentially bounce from this level to our take profit.
Entry: 0.1364
Why we like it:
There is a pullback support level.
Stop loss: 0.1270
Why we like it:
There is a pullback support level that lines up with the 138.2% Fibonacci extension.
Take profit: 0.1483
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 PredictionHistorically doge cycles become bigger and bigger every time. The most entertaining outcome is the most likely.
Bearish drop?DOG/USD has just reacted off the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could drop to our take profit.
Entry: 0.1482
Why we like it:
There is an overlap resistance level which lines up with the 50% Fibonacci retracement.
Stop loss: 0.1565
Why we like it:
There is an overlap resistance level that is slightly below the 78.6% Fibonacci retracement.
Take profit: 0.1362
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.
DOGEUSD 1H Long Trade - 1:6 RRRPair: DOGEUSD
Action: Buy
RRR: 1:6
SL: 0.13470
TP: 0.19570
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.
The sleeping GIANT Dogecoin is a fractal dream, with each top having increased by a factor of 7. The highlighted ovals are 300% runs to test the 0.5 retracement(log scale) before the big supply squeeze. Ichimoku suggests the time is soon. The fomo really heats up after the 0.618
Dogcoin - Profit Target HitWe're closing the case of our Bearish conviction on the Dogcoin due to Target reach
DOGE PREDICTION Every line lines up. Timing couldn't be any better. Were clearly in a bull market. Will the support lines hold this time, like in previous cycles? I strongly believe they will. Upside potential is huge IMO!
DOGEIn last cycle, w1 stoch rsi reset (after the initial run up to first quarter) marked the generational bottom.
It was the pullback to support before the giga markup.
Will this time be different?
I don't think so.
After already having rejected first quarter in March, once DOGE cleanly breaks above first quarter, finishing this last bit of accumulation, it will likely never, ever revisit .1.
This is a generational bottom being put in now.
It will be obvious in hindsight.
Bearish drop?DOG/USD is falling towards a support level which is a pullback support and a bounce from this level could indicate a double bottom pattern which could lead to a potential price rise.
Entry: 0.1364
Why we like it:
There is a pullback support level.
Stop loss: 0.1308
Why we like it:
There is a pullback support level which lines up with the 78.6% Fibonacci retracement.
Take profit: 0.1483
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.
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 Set for 3,000% Surge Dogecoin Set for 3,000% Surge
Dogecoin, the leading meme cryptocurrency, is positioned for substantial growth. Although similar predictions have previously triggered FOMO (Fear of Missing Out) among investors, this time the potential upside appears more imminent.
Key Points:
Cycle Pattern: Dogecoin exhibits a distinct cycle pattern. It often remains flat for extended periods before breaking out and surging parabolically. Investors can either buy during the pump, taking a higher risk as momentum may soon decrease, or purchase during downturns and hold until the next significant surge, maximizing returns. The latter strategy presents today's opportunity.
Memes on the Rise: As new meme coins emerge, investors hope for significant gains. However, Dogecoin remains the most established and reliable meme coin, making it a safer bet for substantial returns.
Elon Musk's Endorsement: Elon Musk has indicated that Tesla will accept Dogecoin. Additionally, Dogecoin is set to be integrated into X.com, Musk's major social media platform. Notably, Dogecoin is the only cryptocurrency held by Musk, the world's richest person, underscoring its potential.
Doge on the Line Fibonaccicheck all trades by Fibo..
ICT
hen ask Cryprich how totrades
140 is fibo then move on trends
$DOGE inverse H&S to send price up 30%+First off, this is a high risk move because of my competing thoughts w/ BTC having a big move lower soon.
But as you can see from the chart, price has formed an inverse head and shoulders and is in the process of breaking out. Should price be able to sustain above the trendline, then it's likely that we see the upper resistance get hit.
I think the move would need to happen in the next few days. If it doesn't play out by Sunday (and potentially even soon, I'll cut my long).
Let's see.
Dogecoin: Buy in the 'Buy Zone'I'm back boys!
If you want to make the most money possible on Dogecoin, you need to wait until the 'A-B-C' pattern finishes. C should come down around the 8 cent to 9 cent area. That is a perfect time to buy and accumulate for the next ride up!
HIDDEN BULLISH DIVERGENCE RSI showing hence of weakness however what you see happening, when we pair the price action and when we pair the RSI together, we get divergence.
This is specifically HIDDEN DIVERGENCE. Hidden divergence is coming from a LOW to a LOWER LOW and price; a LOW to a HIGHER LOW in price.
This is HIDDEN DIVERGENCE. This is nothing to play with, this has power.
We see opposites happening in price with RSI explaining the hidden divergence.
Here’s our warning. Is this BULLISH or BEARISH?
Let’s unveil it. This is called HIDDEN BULLISH DIVERGENCE.
The only way we are going to have a nice BULL RUN again is to see Stochastic RSI CROSS the 3HR chart and what do we have now; stochastic RSI is about to cross the Stochastic RSI 20 line.
A great time to enter is to wait until Stochastic RSI makes a cross over to bullish momentum
DOGE Breakout Soon?Quick explainer on the chart: Red trendlines are a descending channel that DOGE has formed. I have excluded a failed breakout above this channel for obvious reasons. The green line shows an alternative wedge pattern using the highs from the failed breakout.
As you can see, the wedge pattern has already broken out to the upside.
All that remains is to see how the channel plays out.
Historically, looking back to the past cycle, DOGE has tended to form beautifully clear bullish patterns (see the past bull run for very clear examples).
This pattern certainly isn't quite so clear, but I would expect this to be a bullish formation, and probably a bullish breakout soon.
DOGEFriendly reminder that Kabosu providing generational opportunities for you and your familia
There will be no new lows lower than Kabosu's death imo
Sned this to .3
DOGE UpdatedSome slight adjustments to the chart from the prior idea published.
Analysis is saying the same thing but just made some slight changes to make it more accurate.
DOGE1. Doge over time
2. plotting tops and bottoms
3. Length between tops and bottoms
4. Consolidation periods
5. Degree to which the peak exceeded the prior peak
