Dogecoinanalysis
DOGE try to breakout DOGE /USDT
IN HIGH TF
DOGE another try to breakout from falling wedge after full year in downtrend inside it (due to news of elon musk buying twitter )
Here you can see price is just testing 200D moving average (a close above it can be bulls sign) :
If price broke and sustained above the resistance expecting massive bullish wave
Invalidation: lose of 0.11$ weekly
NOTE : the market still in range up and down so please don’t forget risk managements in any trade you open
What do you think about doge ? Tell me in comments section below
Small Cap alt coins trending, Doge Doge coin is has had a major pump from the positive announcement of Elon Musk acquiring Twitter. Elon Musk/Twitter has also told the press that implementation and integration of Doge into Twitter is a future possibility which therefore drives the price upwards.
Doge also has to take into account for the Bitcoin price changes which may cause the market to crash or may cause the cryptomarket to go into an alt-season.
To support this analysis and a bullish momentum of Doge does the MACD seeem bullish, as well as an opening of the KC. The RSI may be overbought as the red candle formed but the positive trend is still overarching.
$DOGEUSDT Supernova 💫❤️🕊️What is Dogecoin (DOGE)?
Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo.
The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.
The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
DOGE/BTC - Doge Breakout on its way ?Is there a breakout on its way for DOGE?
We received a daily buy signal for the DOGE-BTC pair in the beginning of March.
We bottomed out and seems to make the reversal.
My targets:
.00000503 (.236 fib)
.00000638 (.382 fib)
.00000747 (.5 fib)
If we break through the descending triangle we will probably not go in a straight line towards the .236 fib but fist bounce back on the top of the descending triangle to find some support.
Don't forget to get profit or set alerts when we hit our targets.
You can always buy it back on a retrace. It will not go in one straight line to the next targets.
Also keep a close eye on BTC . If BTC starts to pump it is better to move some of your profits into BTC .
Your end goal should always be to increase your BTC amount.
Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade. You can always get back in later.
$DOGEUSDT Supernova What is Dogecoin (DOGE)?
Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo.
The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.
The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
All eye one doge for next couple of hoursDoge coin is trying hard to get over the 0.14 level, however its acting as a strong support. bitcoin is continuously failing to maintain its 40k lvl which tends to stop other crypto to go up as well. so i will wait to see how btc going for next couple of days. technically all cryptos are in critical support zone. or you can say praying btc to go up.. 0.14k support zone is very important for doge if it fails to maintain that lvl it can fail very nasty...... good luck
Dogecoin possible +40% outcome. Have to wait and see!Here are a few Dogecoin possible ideas. We did complete a cup and handle formation noted in yellow. This can be used to see our next resistance and support indicators.
This is not financial advice, just a few ideas I have. These will be modified as time goes on. Due your own research... Best of Luck!
Please let me know your ideas and thoughts! I would love the feedback.
$DOGE.X Next Target PTs .1575-.1796 and higherWhat is Dogecoin (DOGE)?
Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo.
The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.
The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
DOGE inside falling wedge#DOGE/USDT
$DOGE is trading inside falling wedge pattern.
🐻 price can have more drop to lower line of wedge or at least to support zone around $0.124.
🐮 holding the lower line of wedge as support can increase price to break out from wedge pattern to head up toward resistance zone around $0.166 and break out from this resistance will increase price to touch $0.3.
Will history repeat itself?The chart shows the Dogecoin price from 2014. As can be seen, in each cycle, after creating ATH, Dogecoin corrects in a descending channel for a long time. This correction continued until the POC Level. If this scenario is repeated, the Dogecoin price can be expected to correct up to $ 0.054.