Dogecoinanalysis
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.
Doge is really targeting the moon but!!!!!For holders, doge can be a very profitable asset. Great ATHs are assumed in a long run (1 or 2 years maybe). As I said, Doge is really targeting the moon, but first, it should make all margin and future players liquidated. The current negative market is an opportunity to buy more!! it's Black Friday.... nowhere else you can find this much discount on an asset! so enjoy it ;)
Dogecoin Rallies After Elon Musk Joins Twitter BoardYou may have heard that Elon Musk had just bought 9% of shares in Twitter and has become one of their newest board member. This prompted a rumor that the billionaire will be trying to push for Dogecoin to be integrated with the popular social media platform itself, prompting a rally. (No confirmation on how true this really is, however.)
Though it's good short-term news for DOGE, in earlier ideas I did warn against using DOGE as a speculative asset since it's primary focus seems to be utility/liquidity - which often is at odds with the idea of turning a return.
DOGECOIN QUICK PUMP TO ATH 258%!DOGECOIN QUICK UPDATE!!
I am seeing a break of structure on this triangular setup on doge, if we break and close above the trend line on the weekly time frame, then we could see DOGE pump back to its all time high!
The weekly candle closes in the next 5 DAYS & 3 HOURS!
The pump back to its ALL TIME HIGH could be around 258% so if you invested around lets say £100 you could turn that into £358!
Wait for me to update you and then you can make a decision for yourself!
It’s just a short term investment setup, NOT FINANCIAL ADVICE, please invest at your own risk!!!
DOGECOIN CHART TA 4/5/221ST POST!
Do not consider my posts as financial advice as I myself am not a financial advisor nor am I a professional, I will post only in hope of helping others in the community, as well as learning more about TA and how to use it accurately in the anticipation of executing trades efficiently and making profits along the way.
I am open to any feedback and constructive criticism!
BINANCE:DOGEUSDT
$DOGEUSDTWhat 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.