BTC vs. DOGE - Which is the Better Long Term InvestmentWe embark on an educational journey to explore the potential of these two digital assets and ultimately determine which one holds more incredible promise as a long-term investment.
Bitcoin, the pioneer of cryptocurrencies, has established itself as a global digital store of value. With its limited supply of 21 million coins, BTC has gained recognition as a hedge against inflation and a haven asset. Its decentralized nature, widespread adoption, and robust infrastructure have contributed to its status as the kingpin of the crypto market.
On the other hand, we have Dogecoin, the "fun and friendly" cryptocurrency that started as a meme but has since gained substantial popularity. Despite its origins, DOGE has witnessed a surge in adoption and community support, mainly due to its active and passionate fan base. However, assessing whether this hype can translate into sustainable long-term growth is essential.
Now, let's delve into some key factors that may influence your investment decision:
1. Market Capitalization:
2. Utility and Adoption:
3. Development and Innovation:
4. Community and Sentiment:
In conclusion, while Dogecoin may offer short-term excitement and potential gains, Bitcoin's proven track record, widespread adoption, and technological advancements position it as a more stable and promising long-term investment option.
We encourage you to conduct further research, analyze your risk appetite, and make an informed decision based on your investment goals. Remember, the cryptocurrency market is highly volatile, and you must exercise caution and diversify your portfolio accordingly.
Please comment away if you have any further queries or want to discuss this topic in more detail. We are here to assist you in making informed investment decisions.
Dogeusdt
DOGE LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the DOGE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
DOGE: Falling Wedge BreakoutDogeCoin (DOGE) technical analysis:
Trade setup : Bullish breakout from Falling Wedge pattern, which could signal that buyers have finally absorbed the supply from sellers and the price could reverse trends. Confirmation came when price also broke above $0.07 resistance and above 200-day moving average ($0.08). Price could revisit $0.10 resistance next.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.070 (previous resistance), then $0.055. The nearest Resistance Zone is $0.010, then $0.110.
What does Twitter rebrand to X mean for DOGE ?! Will DOGE be added to X ?
Elon has been very public about his like of DOGE. He almost couldnt have been more vocal about his thoughts on currencies. He has even gone on places like SNL to get across his opinion. Almost like forward guidance. DOGE can offer a lot of positives for X and Elon.
What can DOGE do for Elon ?
Digital platforms want to create or have significant influence over a token//coin//currency of their choice. This allows them to cut out middle men and gain benefits of such things as king making custodians. erand sellers can interact on these platforms and incentives can maximize that. With Elon already taking a position in DOGE and DOGE already being a previously existing financial product.. it can offer serious upside for Elon. Unlike Libra//Diem.. DOGE does not come with as many costs. Almost outsourced by acquiring a stake in a preexisting brand. Yet still offers the benefits of a payment product within a wall garden.
Is this the next trend ?
Elon has set off basic trends before like with the layoffs during rate rises. I believe that the incentive model is there for corporations to want to pivot to financial marketplaces. Or be a closer part of a network that is. Almost to the extent that a Digital USD is a layer 0 for markets to compete to build their own layer 1s. Or of course choose someone else's layer 1. I think this leads to a McDollar as the cost and settling for recurring customers demands digital currency optimisation demanding in place(s) of customer purchasing. This does mean centralising of banking sector and the banking sector pie shrinking as middle men are reduced to with a more int. scale.. but the deflationary impact has benefits for the customers too.
When ?
Not overnight. There is time for many to stumble and fall like Zuckerberg has. The DOGE positioning does offer somewhat of a head start but this hypothetical transitioning will take time before seeming to flip. We do have a strong narrative building for DOGE as we come into bitcoin halving and US elections. Large institutions do seem like they want to make crypto common place and their is social political demands for relief if wanting to dilute descent from norm.
Doge LTF Set - UpDOGEUSDT 4H
Hi folks,
🔺Doge gave %24 profit from the last "long" signal.
🔺0,07385 is the first support.
🔺Key support zone is between 0,069 - 0,071 area.
🔺Above 0,069 Doge is super bullish.
🔺Oscilators indicate "bullish" signals in HTF.
🔺0,083 is the next resistance, above this level we cab expect 0,095.
DOGE ---> is ready for pump?!hello guys...
as you can see I compare two time frames of dogeusdt!
in the daily time frame, it is on descending channel and everything depends on it! if the middle line of the channel (I mean the yellow circle) it would be great for getting a long position or holding it!
on the other hand in 4h time frame, you can see it formed an ascending channel and touched the top line very well, if this line breaks up and makes a consolidation upper then you can get a long position too!
______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
DOGE Dogecoin be a Part of Elon Musk`s X, the Everything App ?If you haven`t sold DOGE here:
Then you should know that Dogecoin has gained significant attention and popularity in recent years, partly due to the support and endorsement it has received from influential figures such as Elon Musk. Musk's tweets and public statements have had a notable impact on the price and perception of Dogecoin in the past.
Considering the rumors that Elon Musk allegedly wants Dogecoin as a currency on his "everything app" X, and his promises to turn Twitter into an "everything app," it's reasonable to assume that Dogecoin could potentially be integrated into Musk's future projects.
If Dogecoin were to become a part of Elon Musk's X, it could potentially benefit from increased exposure, adoption, and utility. Musk's large following and the hype surrounding his ventures could attract a significant number of users to the app, potentially leading to increased demand for Dogecoin.
My short term Price Target for DOGE Dogecoin is $0.085.
Looking forward to read your opinion about it!
DOGEUSDT - BUYERS Pushing Price UP 📈Hi Traders, Investors and Speculators of Charts📈📉
I'm happy to see that the price of DOGE is up since my last post on it. If you haven't checked it out; see the altcoins that I'm REALLY bullish on here : 👀
When the Indicator CryptoCheck START v3.5 shouts BUY in the daily timeframe as well as on the weekly timeframe, it's usually a very bullish sign. The next targets are between 0.104 and 0.113 as pointed out in the two timeframes. The one is the immediate local resistance zone and the other is the trendline from the technical indicator.
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CryptoCheck
CRYPTOCAP:DOGE BINANCE:DOGEUSDT BINANCE:DOGEUSDT.P BINANCE:DOGEUSD BYBIT:DOGEUSDT.P COINBASE:DOGEUSD BINGX:DOGEUSDT.PS KUCOIN:DOGEUSDT BINANCE:DOGEBTC BINANCE:DOGEBTC
DOGE: Falling Wedge BreakoutDogeCoin (DOGE) technical analysis:
Trade setup : Bullish breakout from Falling Wedge pattern, which could signal that buyers have finally absorbed the supply from sellers and the price could reverse trends. Confirmation came when price also broke above $0.07 resistance and above 200-day moving average ($0.08). Price could revisit $0.10 resistance next.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.070 (previous resistance), then $0.055. The nearest Resistance Zone is $0.010, then $0.110.
Elon Musk will send DOGE into space?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
DOGE goes against the market, why? Elon Musk will send a coin into space?
There are speculations that Elon Musk is again “guilty” of everything. Elon is again innovating on twitter, he changed the familiar "blue bird" twitter logo to "X" and even changed the domain to X.com (by clicking on it you get to twitter) I think that the euphoria-growth on DOGE comes from this events.
The fact is that one of the major BTC hodlers and top investors Raoul Pal suggests that Elon, with the acquisition of a new logo, will continue to use DOGE to integrate payments into X.com! Which of course can cause the continuation of the strongest euphoria. Well, for now, it's just speculation.
Also, if you look at the chart from the technical side, then the price has broken through the global countertrend line and is holding up very well so far, we can say that bullish indicators are also present here - from the technical side.
I have been hodling the coin for 3 months already, maybe soon we will see changes on this altcoin and I even set a take in advance to the nearest resistance of $0.11 from my entry point of 0.0870 + 22% of the total profit.
Guys, I warn you right away that this is not financial advice, I set a take for cases of squeeze movement, but it may turn out that nothing happens and the coin goes back to correction. There are also thoughts of just getting out without a loss, but trading is always risky and I will try to get into profit on this position.
And yes, perhaps all the attention of the fans is focused on DOGE, well, you should also not forget about the "general director" of TWITTER FLOKI, things are not very good there yet, as well as with my position but in the moment everything can change.
Doge Skyrockets 10% on Speculation of Elon Musk's X Payment ChoiBrace yourself, my friend, because Doge has just taken a giant leap forward, soaring an incredible 10% on the back of Elon Musk's latest speculation about its potential as a payment choice for his X venture. 🚀🌕
Yes, you read that right! The Doge rocket ship is on the launchpad, fueled by the excitement surrounding Elon Musk's tweet and the endless possibilities it holds for our favorite meme-inspired cryptocurrency. This kind of news ablaze the crypto community and ignites our passion for the market.
Elon Musk, the visionary entrepreneur and Tesla CEO, has always been a vocal supporter of Doge, and his latest hint about Doge becoming a payment option for his X venture has sent shockwaves through the entire financial landscape. The potential for Doge to become a widely accepted currency is now within our grasp, and the market is responding with an exhilarating surge.
Now, my fellow trader, it's time to seize this opportunity and make the most of this thrilling momentum. I encourage you to consider investing in Doge for the long term. With Elon Musk's backing and the growing acceptance of cryptocurrencies in mainstream society, Doge's potential is limitless.
Here's why I believe investing long-term in Doge is a decision that could reward you handsomely:
1. Elon Musk's endorsement: Elon Musk's unwavering support for Doge has already propelled it to unimaginable heights. With his influence and vision, we can expect further developments and partnerships to solidify Doge's position in the crypto world.
2. Growing acceptance: Cryptocurrencies are no longer just a niche interest. They are quickly gaining favor in various industries and becoming a preferred mode of payment for many. Doge, with its fun and approachable nature, has the potential to capture the hearts of millions worldwide.
3. Community-driven success: Doge's strength lies in its incredible community of passionate supporters. The Doge Army is a force to be reckoned with, and their collective efforts to spread awareness and adoption have already shown promising results. Together, we can push Doge to new heights.
So, my friend, I invite you to join me on this exhilarating journey. Let's embrace the Doge revolution and invest in its long-term potential. Together, we can ride the rocket ship to the moon and beyond!
Crypto Total Market Cap : ROADMAPHi Guys,
I update the analysis and show you the new roadmap please check the last one and decide to do what do you like to do.
SecondChanceCrypto
⏰25/JULY/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please don't forget to support this idea with your likes and comments.
BTCUSDT H4 : SHORT SETUP Hi Guys Hope you well.
Finally, Bitcoin has left the long-term trading range. I expect to move with an erosion movement towards the ceiling of the dynamic channel, which is at the same time the supply area and FVG in low time.
In case of a fall, the price should be checked in the range of 28400 zones. we can expect the price to rise, but the behavior of the candlestick should be checked.
SecondChanceCrypto
⏰25/JULY/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please don't forget to support this idea with your likes and comments.
Doge Coin Latest Update Dogeusdt
First of all If we check the doge coin daily time-frame , chart is clearly bearish
The second thing is news from doge owner
There is rumours that dogecoin owner will share the doge payment news soon if it is going to happen then doge will fly but for now if we only go with chart I am expecting a dump soon as I mentioned in chart
Note : Do your own research before taking any decision and research carefully on dogecoin before any trade
Good luck
Doge is on the Move! Join the Doge Resistance Movement Today! 🐕Our beloved Dogecoin (Doge) made a groundbreaking move in its recent rally, breaking through the Fibonacci .382 resistance level. 🎉
Doge continues to amaze us all with its resilience and unwavering determination. With this significant breakthrough, it's clear that Doge is not just a meme cryptocurrency anymore; it has become a force to be reckoned with in the crypto world!
Now is the perfect time to consider adding Doge to your crypto portfolio. The recent surge in value is a testament to its growing popularity and potential for substantial gains. By joining the Doge resistance movement, you'll be part of an exciting journey and have the opportunity to reap the rewards that come with it.
Here are a few compelling reasons why you should seriously consider adding Doge to your portfolio:
1. Momentum: Doge has repeatedly proven that it can defy expectations. Its recent breakthrough of the Fibonacci .382 resistance level is just the beginning. With its strong community support and increasing acceptance in various industries, Doge's momentum is only expected to grow.
2. Widespread Adoption: Doge has gained significant popularity and acceptance among merchants, online platforms, and celebrities. This widespread adoption strongly indicates its potential to become a widely used digital currency, further driving its value upward.
3. Memes to Millions: While Doge started as a meme, it has evolved into much more. Its humorous and lighthearted nature has attracted a massive following, making it a unique investment opportunity that stands out. Doge's community-driven approach fosters a sense of inclusivity and fun, creating a strong bond among its supporters.
So, don't miss out on this golden opportunity to join the Doge resistance movement and potentially profit from its remarkable journey. Add Doge to your crypto portfolio today and be part of this thrilling ride to the moon! 🚀
If you have any questions or need assistance acquiring Doge, please comment away below.
Together, let's celebrate the incredible achievements of Doge and embrace the possibilities it brings. Join the Doge resistance movement today, and let's ride this wave of success!
DOGEUSDT behaves stronger than the marketHello everyone. I found a very promising chart at DOGEUSDT. Like many coins, the local falling trend was broken about a month ago. The coin supports the 0.075 level. In addition, the news background of DOGEUSDT is also favorable, the coin is being discussed more and more on social networks. Also, the coin is holding stronger than the crypto market and today has not succumbed to the general fall. Therefore, it seems to me that the nearest target for the coin is 0.083.
Bullish Dogecoin Analysis and Trade StrategyBoth Macro PVVM and Micro PVVM are increasing on BINANCE:DOGEUSDT , suggesting that the trend and movement are bullish. On July 23, 2023, the Macro PVVM and Micro PVVM were at 77.94 and 63.76, respectively, indicating a solid bullish momentum in both long-term trend and short-term movement.
Key Takeaways:
The market has shown strong bullish momentum recently, with both the Macro and Micro PVVM in positive territory and rising.
The closing price has also been increasing, aligning with the bullish momentum indicated by the PVVM indicators.
The Macro PVVM shows a strong long-term bullish trend, while the Micro PVVM indicates a bullish short-term movement.
Trade Idea:
Given the strong bullish signals from both the Macro and Micro PVVM, coupled with rising closing prices, a long position could be considered. However, traders should watch for any signs of weakening in the PVVM indicators, which could signal a potential reversal.
Price Prediction for the Next 7 Days:
Given the current bullish momentum, it's reasonable to expect that the bullish trend may continue in the short term, barring any significant market disruptions.