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DOGEBTC trade ideas

DOGE/BTC weekly outlook 7/9/2020Good afternoon everyone and welcome back to my alt coin analysis. As I have made clear in previous analysis I am going to start checking into the more popular Alt coins and see where it goes. I am looking at DOGE/BTC and I zoomed out to the weekly so we could see a better view of the movements. This coin really has moved completely flat and sideways for over a year in some sort of insane accumulation phase... Call it what you want but if you held through that long flat year you deserved this pump. People want to blame it on something with Tik Tok if Im not mistaken. We will touch on that in the analysis too. I want to give my thoughts on that. Anyways lets chat about DOGE. What can I say?? We finally saw a break out that was worth getting out of bed for. It was bound to happen eventually. DOGE is a sleeper coin. People dismiss it as a joke but I bet DOGE has more users than Litecoin right now. Just a hunch. DOGE has developed the reputation as a meme joke coin and that is all the creator intended. But it became so much more. I really cant say much about the pump if it was due to the Tik tok reasoning I was reading a bit about on Facebook recently. It wouldnt be the first time a pump occurred from a coordinated effort and it wont be the last. Nope not in crypto. Call it manipulation or whatever you prefer but the fact remains. Pumps like this are easy to pull off with the lower cap coins. A few hundred people in a well coordinated effort can make these alts dance. I think that happens quite often. Am I 100% that is what happened with DOGE here? No. But it wouldnt surprise me. I really love DOGE. I think it is a representation of how legit crypto has become. You couldnt even create a coin as a joke without it going off like a rocket. It intrigues the hell out of me. I dont want to sound like a know it all because I have never seen it happen or been a part of a pump and dump. But Im 100% it happens. Crypto is largely unregulated and I think I prefer it that way. But that comes with the bad too. People will manipulate markets that present themselves as easily manipulated. DOGE is known to pump and it is over the weekly 200 MA on the chart. That is positive. We really need to close the week above the weekly 200 MA and try to expand on this pump. DOGE was dead for over a year before this so its nice to see some life from the good old alt. I have a lot of respect for DOGE and I really am glad to see it pumping. Ive seen a lot of pumps where DOGE led the way too so keep your eyes open if nothing else. Blame this pump on TIK TOK or whatever you want. But those that held through the year just doubled their $ over night pretty much. Not too shabby. WTFDIK
by UnknownUnicorn4304403
1
DOGE/BTC Local work. Symmetric triangle. First target.A symmetrical triangle is formed on the pump coin DOGE. The price is clamped. An important reversal zone is shown. This is a local work and the first target. In this old trading idea, he showed the entire history of trading and pumping hundreds of percent of this cryptocurrency. The easiest to trade and reliable Pamp coin Profit in local work + 70% In this trading idea, I showed the pumping of this cryptocurrency and at what percentage and how many times there have been over the past 2 years. This is not a “promising dermo technological coin” for believing fools. This is a real trading tool that brings real money. Lateral price movement exists. a very long time. Draw conclusions yourself from your own experience and mind. Good luck in trading.
by SpartaBTC
DOGE/BTC (Strong Breakout)DOGE/BTC -an amazing breakout of DOGE coin -we manage to catch the price at 29 sat -because we saw a spike in buy volume when it got there -examined the chart on the weekly -giving the sign of potential strong breakout which it did -we fully closed position at 45 sat but overshoot to 60 sats -I do not recommend to buy at this level -wait for the next consolidation phase or pullback at immediate support -the 46-42 sat is an area to watch for upside continuation
by PolarHusk
2
DOGEBTC more like CRABBYBTCOur good boy Doggo has turned into a Crabby. He dug a hole on the beach, but not a nasty, dirty, wet hole, filled with the ends of worms and an oozy smell, nor yet a dry, bare, sandy hole with nothing in it to sit down on or to eat: it was a crabby-hole and that meant comfort. As he waits for the all mighty, peace disturber magician that would take him for an epic adventure, something begins to happen. A sprout began to grow. Will it survive?- Is it the time? Said Crabby. No one knows. But Crabby is right about one thing. Its just a matter of TIME.
by arekera
5
Dogecoin (DOGE) Another Try At ResistanceDogecoin (DOGEBTC) has been consolidating in a triangle pattern since hitting a low in September 2019... The chart remains bullish. We have a higher low recently compared to Sept. '19 and also a recent volume breakout. EMA300, the bold grey line, is where resistance is being faced... As soon as this level is taken out, we will see massive growth with this pair like other altcoins are doing. The longer it takes for the bullish breakout to happen, the stronger the jump. Namaste.
by AlanSantana
16