Dogecoin achieved profit of +281% ROIRefer to this image at the time of the falling wedge pattern breakout.
Falling Wedge pattern has formed and breakout above the Pattern. As result, the market started a bullish trend and reached the previous high at the top of the falling wedge pattern and achieving profit of +93% ROI.
Once again, the market has breakout above the first target and is approaching the second target at the 0.5 Fibonacci retracement level, priced at 0.39776 USDT. Overall, the profit in Dogecoin is +281% ROI. This trade is a remarkable achievement through technical analysis.
The "Fibonacci retracement tool" was utilized to identify the 0.5 Fibonacci level by marking the high and low points.
Dogeusdt
Will DOGEUSDT Break Free or Collapse? The Critical MomentYello, Paradisers! Are you ready for what’s coming with DOGEUSDT? 🧐 Let’s break it down.
💎DOGEUSDT has been in a clear downtrend, sticking closely to a resistive trendline. As it edges closer to a significant support zone, the probability of a bounce increases. This is a key area to watch.
💎If we see a Change of Character (CHoCH) from this support zone and a break of the resistive trendline, we can anticipate a move upward toward the next resistance zones. However, consolidation is also a possibility, so caution is advised before any entries.
💎In the scenario where DOGEUSDT breaks above and closes a candle above the resistance zone, we could see the formation of a "W" pattern. This structure would significantly increase the probability of a bullish move.
💎On the flip side, if the price breaks down and closes below the support zone, this would invalidate the entire bullish idea. Stay alert and make sure you're watching the key levels closely!
🎖As always, patience and discipline are key. We’re staying sharp and sticking to our plan. Only those who maintain a level head and follow the strategy will make it in the long run!
MyCryptoParadise
iFeel the success🌴
DOGECOIN BEST BUYING OPPORTUNITY FOR SPOTSDogecoin stands below 0.10 indicates one of the best buying opportunity. Here Doge gears up for major bull run ascending towards Q4 this year. According to the chart, 2x to 3x is very easy for upcoming weeks / months.
2021 bull cycle made Doge at ATH at 0.72,which is very far from current price but is expected to see new ATH in 2025 including attainable 1.00 price mark.
Get ready for some potential fireworks with DOGE🐕💎 Paradisers, #DOGE may experience a pullback to the Fair Value Gap (FVG) zone to capture the inner range liquidity.
💎This FVG zone, previously a resistance, has now potentially transformed into a support. This critical level of #DOGEUSDT is further bolstered by the 0.618 and 0.768 Fibonacci levels, which could facilitate a bounce. However, confirmation in the form of a Change of Character (CHoCH) and Break of Structure (BOS) towards the bullish market structure is needed.
💎Should this area break down, we might expect a rebound from the bullish Order Block (OB), but again, confirmation is necessary here as well.
💎However, if both of these levels break down without displaying any bullish signals, it will be considered bearish. In such a scenario, I would prefer to ignore it.
DOGEUSDT at Decider Level Chances for Long are higherTechnical Analysis:
1. Backtesting within 7 days shows that there are no clear patterns in the MACD, RSI, BOLL, and KDJ indicators.
2. Backtesting within 30 days indicates a bearish MACD pattern, specifically a Death Cross. This pattern has occurred 12 times, with a signal accuracy of 25%.
3. The BOLL indicator does not show any specific pattern.
4. The RSI and KDJ indicators also do not show any clear patterns.
Fundamental Analysis:
1. Dogecoin is a meme coin associated with pictures of Shiba Inu dogs and internal monologue captions.
2. The current market cap of Dogecoin is $20,214,071,052, with a total supply and circulation supply of 130,693,998,324 tokens.
3. The current price of Dogecoin is $0.13837, with a 24-hour price change of -1.93% and a 7-day price change of +60.32%.
4. The BOLL support price is $0.13837, and the BOLL resistance price is $0.14381.
5. The market sentiment index is at 83, indicating extreme greed.
DOGE: Bulls Charging! Breakout Potential Looms💎DOGE has broken out of a resistive trendline and formed a W pattern on the support zone, while its price also shows a Change of Character (CHoCH) towards a bullish structure. This suggests a potential bullish move after a pullback or the breakout of the previous high (1st resistance level).
💎If DOGEUSDT breaks above the first resistance area, it will be considered a Break of Structure (BOS), confirming the bullish structure, and we can anticipate further movement towards the bullish side.
💎In the event of a pullback, we can anticipate a bounce from the support level, which also coincides with a bullish Order Block (OB).
💎However, if the price breaks below the support level, it would be advisable to refrain from trading DOGE and wait for the market structure to provide clearer signals.
Dogecoin $5 Potential in Memecoin Season in Bull MarketCRYPTOCAP:DOGE Pattern is Repeating before Blasting We are waiting for a Perfect Retest.
The #DOGECOIN pattern is repeating, signaling a massive blast-off just around the corner.
A perfect retest is approaching, creating an incredible entry setup.
Once the retest is complete, watch Dogecoin soar to the moon!
In the #memecoins season of the bull market, $5 is a realistic target.
Get ready to ride the wave!
Share/Comments if you Agree with My #DOGE Setup.
Dogecoin Price PredictionDogecoin is showing positive sign above the $0.0800 resistance against USD. The price is trading the 100 SMA level in 4-hour time frame. The price could start strong rally if it clear the $ 0.0870 resistance. A close above the $ 0.0835 resistance might send the price toward the $ 0.0880. The next major resistance $ 0.0920 and the next move toward $ 0.0950. If Doge price fails to gain pace above the $ 0.0812 level, it could start downside correction. support level of dogecoin is $ 0.0792. The RSI for DOGEUSDT is now the 50 level. Major support levels - $ 0.0792, $ 0.0710. Major resistance level - $ 0.0812, $ 0.0835, $ 0.0880.
DOGE/USDT Triangle Alert: Explosive Potential Unleashed!💎Let's dive into DOGE/USDT! Looking at the daily chart, a triangle pattern is emerging after a bullish run. While it resembles a flag and pole, we're interpreting it as a triangle for a balanced perspective.
💎If DOGE/USDT breaks above the upper trendline, potential upward targets are 0.07709, 0.07837, and 0.08035. On the flip side, slipping below the demand threshold of 0.07235 could trigger a bearish wave towards levels like 0.06841, 0.06618, and 0.06347.
💎During consolidation, traders often take positions and place stop-losses near these key zones. Breakouts or breakdowns from here can lead to significant moves. However, be cautious: if post-breakout/breakdown price action is indecisive, watch out for potential fakeouts. Stay vigilant and informed, ParadiseSquad!
DOGE/USDT's Explosive Chart Signals Major Bullish Move Ahead!💎 Hey Paradisers, let's dive into DOGE/USDT's 1-hour chart. An intriguing pattern emerges: an inverse head and shoulder formation. Notably, the right shoulder stands taller, and the price has surged past its previous peak, hinting at bullish vibes.
💎 If DOGE/USDT break the neckline at 0.07752, a bigger bullish shift might be underway, potentially turning resistance into support after breakout. What's on the horizon? Our focus is on upcoming demand zones at 0.07839, 0.07973, and 0.08239. But remember, if the price slips below the right shoulder's base at 0.07469, this pattern could lose its charm. Stay sharp and navigate wisely, ParadiseSquad!
DOGE/USDT: Bullish Entry Zones and Profit Booking Levels ?
Introduction:
In this technical analysis, we will explore the potential trading opportunities for DOGE/USDT , by analyzing key support and resistance levels.
1. Buying Area - 7400 to 7600 Levels:
Currently, DOGE/USDT can correct upto 7400 to 7600 levels.
Traders looking to enter a long position can consider this zone as a favorable buying opportunity. As Dogecoin is known for its vibrant community and increasing popularity, this entry position could yield potential gains in the short to medium term.
2. Alternative Buying Area - 6400 to 6500 Levels:
In the event of a Bitcoin dump triggered by the FOMC meeting today, DOGE/USDT may experience increased selling pressure.
Consequently, the price could dip to the 6400 to 6500 levels, presenting an excellent opportunity for long-term investors to accumulate DOGE at a discounted price, making it an attractive area for bag holding and patient long-term investors.
3. Profit Booking Area - 9500 Levels:
As DOGE/USDT exhibits upward momentum, traders should be mindful of potential profit booking opportunities. The 9500 level aligns with a crucial trendline, marking a third re-test, adding strength to its significance as a resistance level. Traders can consider taking profits in this area.
In summary, DOGE/USDT currently offers favorable buying opportunities between the 7400 to 7600 levels, while an alternative entry zone lies within the 6400 to 6500 range, especially if Bitcoin experiences a significant downturn. For profit booking, traders should consider the 9500 level, which also coincides with a critical trendline re-test.
Trading Signal For DogecoinTrading Setup:
A Trading Signal is seen in the DOGEUSDT Dogecoin
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.05757
⭕️SL @ 0.05590
🔵TP1 @ 0.06253
🔵TP2 @ 0.06700
🔵TP3 @ 0.07286
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
Trading Signal For DOGEUSDT Dogecoin Trading Setup:
There is a Trading Signal to Buy in DOGEUSDT Dogecoin .
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 0.0490
⭕️SL @ 0.0445
🔵TP1 @ 0.0625
🔵TP2 @ 0.0727
🔵TP3 @ 0.0880
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
Trading Signal For Dogecoin Trading Setup:
There is a Trading Signal to Sell in DOGEUSDT Dogecoin (Futures)
Traders can open their Sell Trades NOW
⬇️Sell now or sell on 0.1480
⭕️SL @ 0.1540
🔵TP1 @ 0.1356
🔵TP2 @ 0.1250
🔵TP3 @ 0.1085
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments.
Trading Signal For DogecoinTrading Signal:
There is a Trading Signal to Buy in DOGEUSDT Dogecoin
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.125
⭕️SL: Close below 0.118
🔵TP1 @ 0.1423
🔵TP2 @ 0.1600
🔵TP3 @ 0.1960
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
DogeCoin Symmetric TriangleThe pattern here is Symmetric Triangle
SL can be 0.1680 and TARGET is marked on chart itself
Node : Do your own analysis & Trade on your risk