{"id":58552,"date":"2025-09-04T17:15:41","date_gmt":"2025-09-04T14:15:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58552"},"modified":"2025-09-04T17:20:52","modified_gmt":"2025-09-04T14:20:52","slug":"trader-identifies-bullish-pattern-on-doge-chart-targeting-1-4","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/trader-identifies-bullish-pattern-on-doge-chart-targeting-1-4\/","title":{"rendered":"Trader Identifies Bullish Pattern on DOGE Chart Targeting $1.4"},"content":{"rendered":"<p>The price of Dogecoin could reach $1.4. According to an analyst known as Bitcoinsensus, a bullish pattern is forming on the weekly chart of the meme coin, indicating a potential strong rally.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24DOGE&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$DOGE<\/a> Getting Ready to Rip to the Upside\ud83d\udcc8\ud83d\udca5<a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Dogecoin<\/a> is currently offering us a massive opportunity on the weekly time-frame.<\/p>\n<p>As we&#8217;ve seen in the past, this coin has been moving upwards in impulsive waves, each being bigger than the previous one.\ud83d\udca3<\/p>\n<p>This next wave could\u2026 <a href=\"https:\/\/t.co\/M8iqkjiGxi\">pic.twitter.com\/M8iqkjiGxi<\/a><\/p>\n<p>\u2014 Bitcoinsensus (@Bitcoinsensus) <a href=\"https:\/\/twitter.com\/Bitcoinsensus\/status\/1962947130894778808?ref_src=twsrc%5Etfw\">September 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The pattern in question is the &#8220;broadening megaphone.&#8221; The expert noted that the price has already bounced off the lower boundary of the pattern. Previous growth waves within this formation were larger than the preceding ones.\u00a0<\/p>\n<p>Traders&#8217; optimism is also fueled by fundamental factors. The American company CleanCore Solutions <a href=\"https:\/\/forklog.com\/en\/news\/dogecoin-foundation-to-set-up-175m-treasury-for-doge-purchases\">became the first public firm<\/a> to make DOGE its primary treasury reserve asset, raising $175 million from institutional investors for this purpose.<\/p>\n<p>An expert under the pseudonym ChartMonkey believes that reaching the $1.15 mark is possible through the Fibonacci extension.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udcc8LONG: <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$DOGE<\/a> by <a href=\"https:\/\/twitter.com\/TradingShot?ref_src=twsrc%5Etfw\">@TradingShot<\/a><a href=\"https:\/\/twitter.com\/dogecoin?ref_src=twsrc%5Etfw\">@dogecoin<\/a> DOGE just completed its first 1D Golden Cross formation in 9 months! This could be a sign of a new bullish leg for the 2-year Bullish Megaphone, with previous peaks hitting the 3.618 Fibonacci extension. <a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Dogecoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BullishLeg?src=hash&#038;ref_src=twsrc%5Etfw\">#BullishLeg<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Fibonacci?src=hash&#038;ref_src=twsrc%5Etfw\">#Fibonacci<\/a> <a href=\"https:\/\/t.co\/mXGR8vTaQ8\">pic.twitter.com\/mXGR8vTaQ8<\/a><\/p>\n<p>\u2014 Barry | ChartMonkey (@ChartMonkeyBTC) <a href=\"https:\/\/twitter.com\/ChartMonkeyBTC\/status\/1955565918655791226?ref_src=twsrc%5Etfw\">August 13, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On the daily timeframe, the coin is consolidating within a symmetrical triangle. A breakout above its upper boundary at $0.225 could lead to a rise to $0.37.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-04-163928.webp\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-09-04 163928\" class=\"wp-image-265118\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/cointelegraph.com\/news\/dogecoin-next-wave-targets-1-40-first-doge-treasury-is-launched\">Cointelegraph<\/a>, TradingView.<\/figcaption><\/figure>\n<p>The launch of a spot ETF for Dogecoin could also become an additional demand factor. Data from Polymarket estimates a 79% chance of its approval in 2025.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"510\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-04-165541-1024x510.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-09-04 165541\" class=\"wp-image-265120\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-04-165541-1024x510.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-04-165541-300x149.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-04-165541-768x383.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-04-165541.png 1184w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/polymarket.com\/event\/doge-etf-approved-in-2025\">Polymarket<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, DOGE is trading at $0.21. Over the past day, the price of the meme token has decreased by 1.4%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"587\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/DOGEUSDT_2025-09-04_17-06-48-1-1024x587.png\" alt=\"DOGEUSDT_2025-09-04_17-06-48\" class=\"wp-image-265121\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/DOGEUSDT_2025-09-04_17-06-48-1-1024x587.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/DOGEUSDT_2025-09-04_17-06-48-1-300x172.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/DOGEUSDT_2025-09-04_17-06-48-1-768x440.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/DOGEUSDT_2025-09-04_17-06-48-1.png 1438w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15-minute DOGE\/USDT chart on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/sFF8EF69\/?symbol=BINANCE%3ADOGEUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Since the beginning of September, <a href=\"https:\/\/forklog.com\/en\/news\/google-observes-surge-in-memecoin-search-queries\">interest in &#8220;funny coins&#8221; has revived<\/a> on Google.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to an analyst known as Bitcoinsensus, a bullish pattern is forming on the weekly chart of Dogecoin, indicating a potential strong rally.<\/p>\n","protected":false},"author":1,"featured_media":58553,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Analyst sees bullish pattern on Dogecoin chart, suggesting a potential rally.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,99],"class_list":["post-58552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-dogecoin"],"aioseo_notices":[],"amp_enabled":true,"views":"252","promo_type":"1","layout_type":"1","short_excerpt":"Analyst sees bullish pattern on Dogecoin chart, suggesting a potential rally.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=58552"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58552\/revisions"}],"predecessor-version":[{"id":58554,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58552\/revisions\/58554"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/58553"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=58552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=58552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=58552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}