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DOGECOIN / TETHER USD on BSC (0x89da4102853C6cf3F4e9979CBb1dC4a166F38E84)

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DOGEUSDT_89DA41 trade ideas

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_Trader
Honestly, I don't feel like explaining because the chart says itHi. BINANCE:DOGEUSDT DOGE is testing the top of symmetrical triangle on Daily timeframe Up We Go if we manage to break upwards🐃 ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 AB=CD 🟢symmetrical Triangle ❗ Note that if the Triangle is broken down with the power of descending candles, our analysis will fail. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
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. 🚀📈
Long
by fxtraderanthony
2
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 terayu
DOGE/USDT descending channel breakout? bullish rally💎 Paradisers, #DOGEUSDT has broken out from its descending channel trajectory, raising the question: will this lead to a continuation of the uptrend, or does uncertainty loom for sellers? Let's explore the possible outcomes. 💎 Notably, #DOGE has climbed above both the descending channel trendline and the 200-day Simple Moving Average (SMA) on the daily chart. This ascent indicates a strong bullish control, suggesting that the uptrend may continue. Currently, we anticipate a strong bullish movement if the price can maintain its momentum in the demand zone at $0.15975. 💎 However, if #DOGE fails to sustain this momentum and falls below the demand zone, we may see a bullish rebound from a slightly lower demand level at $0.15756. Should it break below this level, a significant downward movement could be triggered. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
3
DOGE TM : 1hHello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading. I hope you will achieve maximum continuous profit with me by using supply and demand areas. Good luck traders. Mohammad Goodarzi
by itsbluemorpho
DOGEUSDT.1DHere’s my detailed technical analysis of the DOGE/USDT daily chart: Price Action and Structure: The DOGE/USDT chart is demonstrating a pattern of ascending lows, indicative of a bullish sentiment in the formation of an ascending trendline. The chart’s structure with ascending trendline support suggests that buyers are incrementally willing to buy at higher prices, a positive signal in market sentiment. Technical Indicators: 1. RSI (Relative Strength Index): The RSI stands at 54.37, which suggests moderate bullish momentum as it is above the neutral 50 mark but not yet into overbought territory. This positioning allows for potential upward movement without immediate pressure from an overbought correction. 2. MACD (Moving Average Convergence Divergence): The MACD is slightly above the signal line but very close to the zero line, indicating a lack of strong momentum. This scenario typically calls for cautious observation as it could imply potential for either direction, but the current slight bullish crossover can be seen as a tentative bullish signal. Support and Resistance: • Support (S1 and S2): Support at $0.12157 (S2) is critical. If the price maintains above this level, it may consolidate and attempt an upward movement. However, breaking below could lead to a test of lower support levels. • Resistance (R1 and R2): The immediate resistance at $0.17569 (R1) needs to be watched. If the price can break and hold above, it would target the next resistance at $0.21158 (R2), indicating a significant bullish trend strength. Projection and Strategy: The projection on the chart anticipates a bullish move towards R1. If DOGE/USDT can maintain the ascending trendline, it could potentially approach and surpass R1, aiming for R2. A strategic approach would involve buying near support levels with a tight stop loss below the trendline to manage risk, while selling near resistance levels or holding if a breakout above R1 is observed with significant volume and momentum. Conclusion: DOGE/USDT is showing promising signs of a bullish continuation if it can uphold the ascending trendline support. Monitoring the price action near the support and resistance levels, along with the accompanying volume and indicator signals, will be crucial in confirming the trend’s strength and sustainability. As always, keeping an eye on overall market sentiment and news specific to Dogecoin will also be important in shaping the trade approach.
by MarsSignals