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DOGEBTC trade ideas

DOGE more secure than most other proof-of-work cryptocurrenciesIt seems that a memecoin is, unexpectedly, more secure than most other proof-of-work cryptocurrencies. Dogecoin ranks third in cost of conducting a one hour 51% attack.It costs more to perform a 51% attack on Dogecoin than Litecoin, Bitcoin Cash, and other proof-of-work cryptocurrencies, according to recent data. Surprisingly, it seems that a meme cryptocurrency boasts better security than some of the leading cryptocurrencies.Analyst Kevin Rooke posted his findings earlier today on how expensive it is to conduct a 51% attack for one hour. What he found was that such an attack would cost almost $800,000 on Bitcoin and around $100,000 on Ethereum. Dogecoin comes a distant third, closely trailed by Litecoin, Bitcoin Cash, and ZCash.It seems that Dogecoin has carved a definite name for itself in the cryptocurrency industry and its meme-status has not made it any less of a fixture in the market. Generally speaking, Dogecoin has led altcoin rallies across the board. This is why the asset is so often used as an indicator for non-Bitcoin cryptocurrency market trends.So, although Dogecoin seems to be edging out its proof-of-work competitors in security, the meme cryptocurrency has a long way to go before it becomes a commonplace tipping token. For now, it’s just a novelty coin—but what does it say about the state of the cryptocurrency world where a memecoin bodes better against 51% attacks than most leading cryptocurrencies? It’s a fact which should arguably worry us.
Long
by seba26-77
5
$dogehonestly, i think that x4 is "good enough" but with the amount of times this has attacked the top of the range... sigh, well lots of supply. ltc as well, tho thats already pulled a x100 in usd for 2017 pump, maybe we can somehow pop the .025 area and move near .1 ltc/btc. what a dream, breath in the hopium, then pass it around. this chart is half meme. doge is full meme. if i had some ppl to confide in, i would tell them i think this alt season is going to last from 1 to 3 months for massive tops (right now i can see bunch of pull backs on pumped coins, and some others sideways, and others down - but hey you gotta look at a lot of charts). This is early preliminary analysis. If we are really lucky 2020 will be similar to 2016 or 2017. Maybe 2019 was 2015, i would be fine with that (its been a while too so my memory might be off). Full disclosure: i probably have more shitcoins than you. This is not financial advice, i recommend instead you do nothing now but take any action you like after 1 to 3 months.
Long
by Noobincrypt
1
Dogecoin making itself ready for a 300% move. Yes, yes, yes. It’s still a funeral in the altcoin/BTC pairs. However, as long as there’s a funeral, that would give tremendous ROI opportunities to the people that are patient and smart. The moment the sentiment switches, the coins are already up a significant amount, so the best entry is gone. Remember, the best money is made when you think contrary to the rest of the trading landscape. The same with being bearish on the equity markets as we speak. But Dogecoin. Usually a signal for altcoin movements in the coming period, as the bottom always signaled a reversal on the market of altcoins. There’s basically two zones that are good to take. You’ve got the excellent entry zone around 15/16 satoshi that has been hit a few times before. The next best entry is the 23-25 satoshi zone in which we’re hovering around right now. If this green zone here holds (might also be 26), a breakout to the upside could be occurring in which the upper targets are my main targets; Target 1; 69-70 satoshi Target 2; 90-91 satoshi (main target) Target 3; 108-110 satoshi Given that every bottom is signaled with a bullish divergence, I find it hard to believe that we’re going to see 15-16 satoshi back again and rather make a slightly higher low or double bottom here in the 23-26 satoshi area. Therefore, I’m already interested. Depending on the market movements I’d be either closing below 23 for a re-entry at 15 or we’ll be swinging it up.
Long
by CryptoMichNL
6
Dogecoin Preparing For A Massive Jump | 105% to 645%Please allow me to start this analysis with MA200 on the daily timeframe long-term... MA200 is the black line on the chart. DOGEBTC (D): Notice how each time that MA200 is conquered, a massive bullish wave follows. Currently, we are seeing prices challenging MA200, which can lead to a strong bullish wave if this resistance level is conquered. The lower the MA200 line on the chart, the bigger the jump that follows. Right now MA200 is at its lowest for a while, which can lead to one of the biggest jump in prices Dogecoin (DOGEBTC) has seen. What's your take? Thanks a lot for reading. Namaste.
Long
by MasterAnanda
16
DOGE A cup is drawn. Perhaps we see a trend reversal. DOGE A cup is drawn. Perhaps we are seeing a trend reversal. Growth potential + 200%. The coin is always pumped with strong impulses to the X. There were pumping coins more than + 1000% (10 X). On average, growth is from + 100% to + 600%. Hamsters on such coins are deceived by greed. Pure psychology. Nevertheless, they want to earn immediately, a lot and without minimal effort. And such merchants on such coins are deceived by emptying their pockets.     If people, regardless of the trading depot, would consider trading as an attempt to get 10% -20% per month stable instead of 50% per week, they would ultimately earn much more. Greed - begets poverty! As a rule, the position is reset by the ladder in the course of growth and is not noticeable for the main crowd. Its volume is bought in the course of growth, which was laid a few months before the pump. At the bottom, with a dump, + 30-60% of the warrant is bought from someone who "killed the faith." As a rule, these are those who bought at the very peak of the pump. I showed the work on such coins in stages in the trading idea on TNT. TNT Coin Operated. Impulse + diverging triangle + channel. Which now made + 400%! Also in another trading idea on the DOGE coin published in May, I predicted a 70% drop to the bottom of the channel and an increase from it. At the moment, the coin has grown by the same + 70% of the fall. The easiest to trade and reliable pump coin +70% from the specified zone of the channel By the way, this is one of the most profitable and reliable coins in the cryptocurrency market, comparable to BAT, Ardor and TNT. No top coins of TOP -20 scam can be compared in terms of profitability. ____________________________________ Where there is a crowd, there is poverty. Think like everyone else, act like everyone else - so you will have it like everyone else.
Long
by SpartaBTC
14
DOGE RSI could be signaling a paraboladon't kick a doge while it's down RSI breaking downtrend since we re-entered price uptrend, riding support channel of ascending wedge with slight but notable volume downtrend breakout Volume so far isn't significant but it's touching levels we haven't seen since the uptrend was initially established As you can also see, the last time we had a hard drop into the bottom of the bollinger bands in this uptrend following a slow grind to consolidation led to a parabolic curve
DLong
by viralhysteria
1
Dogecoin-DOGEBTC- It is supported at 0.00000027 and 20MA. DOGEBTC forms a box segment and is now located near the bottom of the box segment. The bottom point of the box section is 0.00000015. If the rate is supported by the 0.00000027 point, then the rate is expected to rise between 0.00000051 and 0.00000078. -DOGEUSD- The market is falling, not supported by the uptrend line. You should check where you will turn. Below 0.00178032 is a long-term investment area. -------------- Everyone wants to make a lot of money while trading. It is important to select when to fall out and when to enter.
by readCrypto