Doge Coin Update !!
The DOGE/USDT daily chart displays a bullish flag formation, indicating potential continuation of the prior uptrend. Bollinger Bands suggest narrowing volatility, while Stochastic RSI is oversold near 13, favoring upward momentum. RSI Divergence Indicator at 53 hints at neutrality, yet improving sentiment. Volume Profile confirms strong support at $0.378, enhancing bullish potential. Target remains near $0.88.
The TOTAL3 chart on the daily timeframe indicates a bullish cup-and-handle pattern with a completed retest above the neckline at $1.07T. Bollinger Bands suggest increasing volatility, supporting bullish continuation. Stochastic RSI is oversold at 20.94, favoring upside potential. The RSI Divergence Indicator is at 64.56, signaling bullish momentum. A breakout targets a market cap near $2T, indicating altcoins like DOGE could perform strongly.
The USDT Dominance chart on the daily timeframe exhibits a bearish head-and-shoulders pattern, suggesting a downward trend below the neckline at 3.95%. Bollinger Bands indicate narrowing volatility, supporting a breakdown scenario. The Stochastic RSI at 68.44 reflects overbought conditions, favoring bearish movement. The RSI Divergence Indicator at 41.97 confirms waning momentum. A drop in USDT dominance signals an inflow into altcoins, boosting DOGE’s bullish potential.
The Others chart on the daily timeframe showcases a cup-and-handle formation, indicating a bullish breakout above the resistance at $452B. Bollinger Bands suggest expanded volatility with upward pressure. The Stochastic RSI at 24.76 confirms oversold conditions, aligning with bullish momentum. RSI Divergence at 63.12 indicates strengthening buying activity. A continuation of the pattern suggests increased capital flow into altcoins, boosting DOGE's bullish narrative significantly.
The BTC.D chart illustrates a bearish divergence with a potential breakdown from the ascending channel, suggesting a decline in Bitcoin dominance. Stochastic RSI at 89.03 signals overbought conditions, reinforcing downward pressure. RSI Divergence at 42.26 aligns with bearish momentum. Bollinger Bands show upper band rejections, indicating reduced dominance. A decrease in BTC dominance typically favors altcoins like DOGE, supporting a bullish outlook for such assets.
The heatmap illustrates DOGE/USDT liquidation levels, highlighting concentrated liquidation at $0.42 and $0.40. This implies resistance and support zones, respectively. Rising liquidation leverage signals potential volatility, favoring bullish movement above $0.42 for breakout confirmation.
Entry: 0.38168 or Market Price
1st Tp: 0.50939
2nd Tp: 0.69023
3rd Tp : 0.85813
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