This is a community idea for @johnnyalive09. Thanks for celebrating 4 years with us!
Here I will be examining DOGE's 4H chart. For reference here were my past ideas:
DOGE has already seen a 20% increase since my last post when the breakout and retest occurred. Now price is nearing the first target. It recently made a high around $0.114 with Target 1 sitting at $0.117.
Price is likely to pull back in the short term toward the orange box. DOGE has printed a slight 4H bearish divergence with a lower high on the RSI paired with a higher high in price, which supports the case for a short term pullback.
The orange box is extremely significant as it has been a crucial level for both highs and lows from February 2026 to present day. That orange box needs to hold as support for price to continue toward the higher targets outlined in my previous posts. However, if that box is broken and price starts closing back below it, the uptrend is most likely over and a revisit of $0.09 or lower should be expected.
One of the most important things to monitor for DOGE right now is the DOGE/BTC chart. Review my previous post on this for more context:
Here is what that chart looks like present day:
As you can see, the DOGE/BTC pair rallied all the way to the upper trendline as expected.
Today it is forming a gravestone doji candle right off that trendline, which could signal a reversal back to the downside unless tomorrow's candle maintains above tonight's close.
The only way DOGE reaches the upper price targets on the USD chart is by breaking above that black trendline on the BTC pair. If it can gain strength against BTC it could still have the fuel to reach the $0.13 to $0.14 levels. But at this present moment, with the BTC pair looking like it may roll over, all eyes should be on the orange box and how price reacts around the $0.10 to $0.105 level.
Here I will be examining DOGE's 4H chart. For reference here were my past ideas:
DOGE has already seen a 20% increase since my last post when the breakout and retest occurred. Now price is nearing the first target. It recently made a high around $0.114 with Target 1 sitting at $0.117.
Price is likely to pull back in the short term toward the orange box. DOGE has printed a slight 4H bearish divergence with a lower high on the RSI paired with a higher high in price, which supports the case for a short term pullback.
The orange box is extremely significant as it has been a crucial level for both highs and lows from February 2026 to present day. That orange box needs to hold as support for price to continue toward the higher targets outlined in my previous posts. However, if that box is broken and price starts closing back below it, the uptrend is most likely over and a revisit of $0.09 or lower should be expected.
One of the most important things to monitor for DOGE right now is the DOGE/BTC chart. Review my previous post on this for more context:
Here is what that chart looks like present day:
As you can see, the DOGE/BTC pair rallied all the way to the upper trendline as expected.
Today it is forming a gravestone doji candle right off that trendline, which could signal a reversal back to the downside unless tomorrow's candle maintains above tonight's close.
The only way DOGE reaches the upper price targets on the USD chart is by breaking above that black trendline on the BTC pair. If it can gain strength against BTC it could still have the fuel to reach the $0.13 to $0.14 levels. But at this present moment, with the BTC pair looking like it may roll over, all eyes should be on the orange box and how price reacts around the $0.10 to $0.105 level.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.