DOGEBTC
DOGE and why you should stop being an apeThis is a log chart (click Option + L if using a normal computer (Mac) or Ctrl (or whatever "they" use instead of option) + L if using the other type))
After looking at this, my questions is this: Does this voodoo charting really make any sense? Imagine someone (me) sat there and scribbled on Doge charts when it was on .004 and was trying to find support and resistance, do fib extensions, sacrifice lamb in the name of doge and when you look back at it you realize none of it really mattered so why continue doing same thing?
We can sit here, scratch our heads and draw scribbles all we want but I am coming to one simple conclusion:
1. Find top 5-10 industries/projects/markets/whatever it is that makes you excited and study it.
2. Pick your 10-20 top ETFs/stonks/cryptos/metals/commodities that you believe in within the selected industry and go deep so you know what you own vs not sure why I bought it but saw someone post about it so I am going to Yolo in.
3. Find top thinkers/industry professionals to follow (to help you reassure your decisions that you arrive to after doing your due diligence) and follow them. Fintwit is a great place for that.
4. Take 10% of your income and buy shit with it (inside of a non-taxable account) but never sell unless your gains are mega attractive and you have another asset class to rotate into. Stop jerking it.
5. Smile and be happy without stressing about voodoo charting. Imagine how selfish this is? You provide zero value to society by being a trader AND then you stress over your trades like a jackass when you could have been helping the world solve it's poverty, aids, racial or global warming issues. If you think you are doing something smart and above everyone else with this charting BS - you are wrong. You are gambling.
6. Don't want to do the work - contribute to your 401k, delete TV account and leave everyone alone.
Doge is going to run and I will be left holding my D*** and crying because my average purchase price on Doge was .004 with an exit at .012. I bought it because I aped into on Elon tweets although I tried to do DaVinci scribbles on the chart. Then it ran to .70 which is 100X and would have been a 7 figure bag if I held it. And the worst part about it that makes me want to kick myself - mistakes are meant to be learned from, you are not supposed to keep making same mistake over and over again unless you are a degenerate ape (me).
You do you but I am done over trading and aping. Going to cash, studying, deep diving and then executing. Being lucky only works in a bull market because you can afford to make a mistake, bear markets punish 99% of traders (pigs) out there.
(The only good thing trading did for me is expose all of my bullshit and helped me to learn to be honest with myself. This post is for future me so I can come back to this 5 years from now and kick myself in the face for being an arrogant prick.)
#DOGEUSD#DOGEUSD
Although Dogecoin is rising again (together with the help of other cryptos: BTC and ETH) after touched the support level (3 times) at 0.1627.. , it seems now in a dischending channel and it will probably touch the support level at 0.2329.. before going up again. However, the other cryptos might drag Doge up.
Once touched support level at 0.2329.., Doge will probably face an important resistance level at 0.3602..
Let me know what do you think of this vision, and comment your thoughts below. Don't forget to leave a like. I appreciate it.
DOGE - only longs :)DOGE is defying gravity, pushing on the top of BB strategies and consistently beating resistances.
On the daily chart we look overbought, which makes me expect a correction in the near future, but with each leg upward, we gain more support.
If we break .3016 as BTC breaks it's 50K resistance, we will see a price explosion I think.
Buying volume averages on DOGE have nearly tripled from July since August 7th and leveraged positions have opened similarly.
If prices even only hold over the course of the next week, I think we could see a potential for 100% gains over the next month, if not sooner.
And if any new catalysts appear between now and then, we may see even greater increases, omitting any new legislation from the current administration or statements from people like Jack Dorsey. :P
The short term price movement for all coins has been solid and I'm expecting a small correction over the next day or two. On average, it looks like we're oversold on ETH, BTC, and DOGE, with the RSI in the 75 to 65% range on the daily charts, and after having a great bull run over the last 25 days. The MACD on the daily chart looks like we're possibly reaching a local top right now.
DOGECOIN - MORE MANIPULATION INCOMING As you can see here, Dogecoin has repeated the previous scenario. It’s obvious that retail traders have been shorting the last wave, as it is a technical resistance level. We expect another manipulation movement to gather SLs above the level shown, which we will be monitoring to find more shorting opportunities if the overall volume keeps heading down.
See you later, Alkalites!
DOGEUSDT Technical Analysis
⏳ Spot
💎 DOGEUSDT after the breakout of the resistance will go for a retest and then again will go up. It may go to the Pullback zone before it goes up.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.2750
☕️ TP1 0.3110
🍺 TP2 0.3225
🍻 TP3 0.3350
🍾 TP4 0.3520
🍷 TP5 0.3730
🍸 TP6 0.3950
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.2650
Good Luck 🎲
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DOGE/USDT (New Sign of Strength?)💎Technical Analysis Summary💎
DOGE/USDT
-DOGE found support at the key areas around $0.26
-This zone is a confluence of Fib 0.382-0.5 levels
-Also, the 100MA acted as support as well for the past 9 days
-If this mini trendline breakout will receive more follow-through
-I think the next potential target is up t $0.35 or the recent swing top
-Be sure to follow proper risk management if you will trade this coin
-Good luck and trade responsibly
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DOGE Flag Setup Targeting HigherHey on this week Doge facing nice rally showing +10% move since Monday.
This flag pretty big even from Daily timeframe it is looking huge. Will see how it will play out. Looking for the targets at 0.5 Fib level at $0.347 and 0.618 Fib $0.416
Entry set better near 0.382 $0.290 level.
Falling below 0.25 may invalidate this setup and better cut losses from mid-term trade.
Best profits
Artem Shevelev
Dogecoin/US DollarWhile Dogecoin remains above the support level at $0.2500, it has lacked enough bullish momentum to retest the psychological level of $0.3000. In the ensuing sessions, Dogecoin price will likely bounce back to and beyond the resistance level of $0.3000.
DOGE is hovering around 0.2800 as has been the case since Sunday. On a four-hour chart, it is trading along the 25-day EMA and slightly below the 50-day EMA. At the time of writing, it was up and at $0.2886.
In the near term, I expect Dogecoin price to remain within a tight range as 0.2800 remains a crucial level in its movements. The resultant horizontal channel will likely have its lower and upper borders at the week’s low of 0.2697 and along the 50-day EMA at 0.293 respectively.
A bullish breakout will likely push the crypto to the resistance level at 0.3000. However, this thesis will be invalidated by a move below last week’s low at 0.2647.
Feel free and get in touch for more ideas and trade signals