10.12.2024 - DogeComparison of the current situation on Doge to what Doge did during the previous bull market.
The current possible scenario is a drop to around 32-34 cents. Then, a strong rally to around 52-53 cents (the 68.8 Fibonacci level of the global swing from the peak of the previous bull market to the bottom), followed by another significant drop to around 25 cents
DOGEUSD.P trade ideas
$DOGE isn't ready yet?Looking at the previous bull run with CRYPTOCAP:DOGE , we should correct to 50% from here. Then the correction is also completely complete for the bull run.
I think 50% is also the maximum for the correction. But in these crazy times, I wouldn't be surprised if we made some deeper corrections.
For now I expect a slightly deeper correction, but once it is complete we can only go up from there.
I secretly hoped for a CRYPTOCAP:DOGE Christmas, but I'm afraid we'll have to test our patience for a while.
Be kind to the world and each other!
DOGE YOU THINK WE ARE GONNA MOON?Sheesh, let's cut through the nonsense and get to some points. Of course, everything is hypothetical, but we might need a little hope for the people who bought at the top, right? My views and ideas are crammed into a quick 10-minute window. Let it roll, and enjoy the ride.
DOGE FIBDogecoin cannot sustain the daily close above .36 so next level on the fib is .32 which is a crucial point of support. Still floating under the trendline on the RSI. MACD starting to trend under which means potential bearish signals. Keeping eye on this, and waiting to see what happens with community and team.
Doge pull back. Keep holding and buy more. Just on the last bull run we had a huge push up. Before having a pull back of 40%! That’s massive. Lot of people sold and took the loss or small gains. This happened over 7 days of lower lows and then BOOM! Over 14 days 177%!!!! There are a lot of people who do this. Give you hope. But this is just data. Good luck trading out there.
$DOGEHello Shibs, hope you still HODL Dogecoin. Thi the accumulation part, market correcting itself for another run. Bitcoin also down today, keep that in mind. A crucial support level I’m looking at is .35 to close above in the daily. If that breaks buckle up, and HODL.
Dogecoin was recently attacked, and hacked. “Exploited a vulnerability called “DogeReaper” crashing 69% of nodes. A fix was quickly deployed, and network’s functionality was not severely impacted.” Which makes me to believe a lot of people are panic selling. How could you sell DOGE? It’s literally the Department of Goverment Effeciency!!
Anyways, don’t panic sell. DOGE TO DA MOON!
In depth #Dogecoin price movement basing on previous history (2)Dogecoin's Post-Bitcoin Halving Trend: A December-January Surge
This is the update to my BINANCE:DOGEUSD analysis from 2nd December 2024
Dogecoin's price movements have always intrigued traders and investors alike. Upon analyzing historical data,I have uncovered a fascinating and repetitive pattern: Dogecoin tends to experience significant price increases in December of the same year as a Bitcoin halving and January of the following year.
Key Observations
Bitcoin Halving Events:
These occur approximately every four years and historically impact the entire cryptocurrency market by reducing Bitcoin’s mining rewards, creating supply scarcity.
Halving years: 2016, 2020, and the upcoming 2024.
Conclusion:
The 2024 Bitcoin halving, which occurred in April, sets the stage for potential bullish activity in Dogecoin during December 2024 and January 2025. Traders and investors should monitor Dogecoin’s performance closely during this period for opportunities.
Trading Tips:
Track Dogecoin price trends and market sentiment in the weeks leading up to December.
Watch for volume spikes and social media activity, which often signal Dogecoin rallies.
Combine historical data with technical indicators to make informed decisions.
Dogecoin-DOGEUSD Periodic Analysis (Issue 53)The analyst believes that the price of { DOGEUSD } will decrease in the next 24 days. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
What’s Flowing: DOGEUSD ( RULES ARE RULES )Dogecoin (DOGEUSD) is building upward momentum, trading near $0.45 after successfully defending support around $0.43. The 4-hour Heikin Ashi chart shows steady bullish progress, with price action contained within the green upward trend zone.
Key resistance levels to watch are at $0.49 and $0.54, while immediate support lies at $0.44 and $0.42. A sustained breakout above $0.49 could pave the way for a rally toward $0.54 and higher levels. Conversely, a pullback below $0.43 may indicate a temporary correction before a renewed push upward.
Traders should monitor volume and sentiment closely for confirmation of trend continuation or potential reversals.
A next movement to 1 dollar is programmed!Since I am betting on ~5 dollars as the doge top. The 0.382 fib level is the golden for Dogecoin. This zone besides to catch the bottoms is the first consolidation area after breaking path and then reaching the top. Next bear market if this proves right sits around 90 cents so you should be buying at these levels since we are halfway of what might be the best price to get in the next bottom cycle.
DOGE inside a Triangle. Trade the breakout.Dogecoin / DOGEUSD is trading inside a Triangle pattern.
This tight consolidation is getting closer to an end as a breakout should take place by tomorrow.
If it breaks to the upside, buy and target 0.43500 (Fibonacci 2.0 extension).
If it breaks to the downside, sell and target 0.37100 (Fibonacci -1.0 extension).
Previous chart:
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DOGE - Forecasts to considerHello,
Doge is primed to make. A classic C wave of a correction right now… however, there are also more bullish fractals at play. The purple trace shows us a side ways consolidation period leading to continued growth. There are also more bullish scenarios with harmonic fits as well still. Hold title tribe! As we know, when DOGE jumps, he can defy all of the indicators and logic! Go boy go!
$DOGE short updateShort update
A while ago CRYPTOCAP:DOGE dropped from his channel.
For now we must first try to find space in the channel before we can start a good bull run.
However, I continue to expect that CRYPTOCAP:DOGE can make a big run over time. Certainly towards 90 cents and who knows how far above.
Be kind to the world and each other!