Elondoge
An idea for 4/20... What's everyone's opinion? Is the run over?Looking forward to seeing how this idea plays out.
Feel free to post any discussions below.
Good-luck fellow trading shibes.
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Wooly Bully LTCUSD Golden Cross Launching to ATHLTC has been around a while, but not nearly as long as his big brother BTC. Looking at the weekly chart, the LTCUSD pair made a golden cross early in March. Now the 50 MA is separating north from 200 MA and launching toward the ATH. It's still holding big brothers hand, but while everyone is FOMO over DOGE and miners are pointing their Scrypt ASICS to that crypto canine, LTC is quietly gaining ground. I've always liked this coin. It's like holding silver when everyone is looking at gold, but it also has some promising development in the works. Don't get me wrong; I like the Shiba Inu as well.
Note: This is just a bunch of lines on a graph over time. It is not advice. If you pull the trigger you take the risk.
dogebtc on April 12 a real dog will fly with SpaceXI am more than sure on April 12 a real dog will fly with SpaceX into space.
It is the day of first human flight into space
elonmusk like symbols and will for sure celebrate that day with somthing special.
Elon Musk on twitter
@elonmusk
1. Apr.
SpaceX is going to put a literal Dogecoin on the literal moon
Ðogecoin 1D possible breakout scenario of 2-month pattern $DOGE sometimes I say, a chart says more than a thousand words, wouldn't you agree?
I currently favour a break to the upside with a retest of this 2-month symmetrical triangle based on the MACD turning bullish and the MA's being in a good position. We have about a week before the triangles reaches it's apex so I might publish an update rather soon.
However If a breakdown occurs, I will trade it as it happens.
A move higher can easily be north of +100%, as for a breakdown a severe dump would follow to a maximum target of $0.022 (much doom scenario).
DOGE | E-God - consolidation - 15% possible!Dear Traders!
Please check my other ideas about DOGEUSDT.
Feel free to put your thoughts in to the comment section, and like if you agree with my idea. :)
Lets get down the business.
We are inside a Descending Triangle in 4H time frame of the BINANCE:DOGEUSDT .
We might see a move until the red support line (around $0,0587), and that point, the market decides, but in my way of thinking, there will be a quick nosedive in price for the lowest part of the descending triangle, to accomodate more accumulation.
Furthermore, we will break out the triangle, and shortly reach our Target 1 around - $0,0.635. I will take 50% profit from that point. Because as it used to happen with descending triangle, it is highly possible that after reaching Target 1 the price will check the top of the descending triangle before the greatest increase. Buy at that point.
The STOCH RSI is also bullish from below.
We are in the bottom of the channel in MACD which is also bullish.
Sooner or later the Ichimoku cloud will also turns to green. Bullish signs.
There are many bullish signs for DOGE, but unfortunately or fortunately, this is only technical analysis, where nothing is for 100%
Last but not least, I really hope that Elon Musk will soon post something nasty about Dogecoin, or Egodcoin whatever .. .:)
Thank you for reading my idea.
Best Wishez,
Arokthomasso
DOGE BREAKOUT? HI TRADERS,
We are looking at the 4 hour graph of DOGE/USD
It seems as if doge is at the verge of breaking out.
Elon Musk tweeted again about Doge.
A couple of day ago, the news came out that Mark Cubain's basketball club is accepting payments in Doge
This could be another rally.
Let's see what happens.
This is not financial advice, I am not a financial advisor.
Once again, an Elon Musk’s tweet happens Once again, an Elon Musk’s tweet happens and doge price went to the moon. At 10am BRT, Elon had tweeted “Literally” with the image of the Dogecoin Dog and the label, putting a flag on the moon. On the actual moon — Elon Musk (@elonmusk) February 24, 2021 At the same time, the price rose …
I love Elon Musk, I love BitMex leverage. It seems every time Elon tweets a single tweet, some form of flag is created.
I've been using BitMex's leverage on doge to be able to profit from single tweets.
Elon is literally handing everyone that has a brain free money... wow!
Wait for the tweet,
wait for the high,
wait for its low,
wait for the next high,
quickly draw the flag.
Then TRADE!
DOGE / BTC After the super pump, a triangle is formed. Elon MuskDOGE / BTC After super pumping the price, a symmetrical triangle is formed. We see the ransom squeeze from its lower border. If a given triangle forms, its base is 300%. Let me remind you that the accumulation pump, depending on the exchange, was about + 1500%.
If we assume that a triangle is formed, then it will be fully worked out in cases of a breakthrough of the resistance of 300%, and if, after working out, the upward trend of insanity continues and the "new advertising personality" announces that his toys for adults and wealthy uncles will be sold for "national coin", then the triangle can act as a canvas of an upward pennant (unlikely). I think the real targets at the moment are a potential upward movement inside the triangle (about + 70%) and then in cases of a real breakout of the triangle - a movement to the previous maximum.
This is not just a risky trade, but an extremely risky one, since the price from accumulation is currently about + 10X. I covered this topic in more detail in related ideas on DOGE (see below). Also, the price of this coin is based on the accumulation of 16 satosh, as well as the previous pumping before that.
The new advertising personality of the crypto market is pulling the dog in every possible way. From time to time we see his different statements exactly at those moments where the price chart needs it.
For example now:
"If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo."
He also did not mention that about 20% -30% of the positions after pumping on the dump were distributed to linked wallets, it is not difficult to guess which group of people they belong to. Yes, saint, he has no personal benefit). But, he could not make such a tweet when the position of 16 satoshis was recruited, but at 10X from the set, the very thing ... And it doesn't matter what the price will be next.
Interesting, hoping the H & S plays out!If this inverted head and shoulder pattern succeeds I believe we will be entering the fourth wave of doges bull cycle.
It will be right on the resistance level, if it plays out it should be pushed higher.
If successful I'll buy more funny doges after breaking the red dotted resistance level marked.
Wow!
DOGE is just another PnD.Like it or not , but Doge have no intrinsic value or good fundamentals (crypto style : like limited supply at least at btc) and just another Pump and Dump scheme.
This is the cherry on the cake that still was not eaten like $GME, $AMC, $TLRY and bunch of other penny stocks.
All of this remind me a bit of 1929, 2000 when retail fomo is so insane , that they long everything and shoe shining average Joe gives you trading advice about markets. Why this is happening? Probably corona virus and money printing.
Will it last long? No. Frenzy will be over right when there will be no more lockdowns(will be frontrunned probably few months in advance. I'd say spring/summer 2021 most likely), and all this new tik-tok traders will end up devastated and bankrupt. Bankers will force gov to hike rates on dxy and collect that credits back forcing people into another finance depression.
Yes , it's a bubble burst scenario and it will happen sooner or later. Ponzies ain't lasts forever and you're all know it.