Dogecoinanalysis
$DOGEUSDT Gartley Bullish FormationsDogecoin Price & Market Data
Dogecoin price today is $0.223687 with a 24-hour trading volume of $1,752,123,625. DOGE price is up 0.4% in the last 24 hours. It has a circulating supply of 130 Billion DOGE coins and a total supply of ∞. If you are looking to buy or sell Dogecoin, Binance is currently the most active exchange.
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.
Dogecoin in 2021
Fast forward today in 2021, Dogecoin has grown so much and have gathered the mainstream attention. It has become a meme that is used by the likes of Tesla billionaire, Elon Musk and even more so spunned off even more meme coins into the market.
On May 8th, 2021 the cryptocurrency recorded an all-time-high market cap of nearly $90 billion and trading at a price of $0.70 per DOGE. That is nearly +141,000% increase since its inception in 2013.
Dogecoin followers have always been asking if Dogecoin would ever reach $1. It is hard to say where the price action will go, but high volatility seem to be mainstay as the utility of the cryptocurrency remains unclear being a meme coin.
Where to buy Dogecoin?
You may buy Dogecoin on centralized exchanges such as Binance, Crypto.com, Coinbase, Bitfinex, and more.
DOGE - false breakout as a good buying opportunity❗Doge is near the key level. The price starts to squeeze, a signal for a breakout, but at the same moment big capital starts to buy back bitcoin and we see big volume in the footprint. This is a signal for growth. Therefore, a false breakout of a key level could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
DOGE - 11/20/2021Watching DOGE like a hawk as per usual.
Things aren't looking to hot. We held strong with support at .2160 at the end of the bearish run from earlier this week. The pressure downwards that broke this reversal upwards from that point is pretty strong. Volume isn't that high, but seems to be steadily increasing, and is probably to be expected as it seems shib's volume has dropped about a billion on average from what it was when it was screaming for .00008.
Waiting to see what kind of support there is at .22 and positioning there probably.
Alt season will be giving DOGE a narrow window to jump through, but I'm expecting it to have another new years/a while shortly after timed event.
Just ideas. Not FA
GL all
DOGE #DOGE DOGECOIN 4H CHARTNice breakout out of the triangle with a retest in the yellow lines (bullish). The orange line shows a rising wedge pattern (bearish). I believe the RSI still has a bit to go before a rising wedge pattern drop happens. Fib levels are shown.
HIT THE LIKE AND COMMENT BELOW PLEASE. THANK YOU!
CHART ON TRADINGVIEW USING MY AFFILIATE LINK: www.tradingview.com (thank you in advance!)
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. This is made for fun and learning. #cryptopickk #bitcoin #altcoins
DOGEUSD to $0.35 again around mid Dec 2021DOGEUSD to $0.35 again around mid Dec 2021
Tested twice the same area and now forming a ascending triangular pattern which coincide with mid decemeber once again. Doge can make us wait for months but not more than that.
BAG IT IN FOR GAINS
DOGE LONGGGGGGGGGGGGGGGGGGGGGGGGGGGGG......
Doge why not?I am dropping a chart taking the previous run from 23 April all time high at .73 then finished with at .41
If we somehow see the exact same pattern starting from todays low which was .22 we will hit .80 Dec. 5th & end the year around .50
I would be perfectly fine with that, I do believe we will see a nice run up with a pullback heading into the end of the year. My prediction for the new ATH .80 & finish the year around .55
Dogecoin Analysis DOGEUSDDoge has broken through the 1/2 gann line
This leads me to believe that every test of this line (white ovals) was an attempt at creating a support for this move above the 1/2 gann line
If this formation above the 1/2 line hodls it will likely act as a bullflag and push the price higher
A common formation of falling wedges can be seen crossing the 1/1 line
Đoge 11.18.21Here are 3 realistic probable outcomes for Nov. 18th.
It is another full moon which of you don't already know we typically see a massive swing from Bitcoin, with that being said we very well could reach above .27 on the other hand if it's a Pullback which would fall below BTC $60k support level we could call to .16 range. Or move sideways & contuitgo consolidate for BTC next move.