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Dogecoinanalysis

DOGE/USDT - Elon & Twitter Bullish? 🐂Fun one this morning looking at the DOGEUSDT 1H chart. Elon's latest tweets + his continued support for the memecoin over the years has DOGEUSDT actually consolidating & "potentially" finding support here. Will we get a mini DOGE szn? 🚀 Trading memecoins right now is like playing with fire if you ask us, but nonetheless we might see some strong % gains to the upside if Bitcoin and equities pump this month/going into end of year. We'll be looking for nice setups across all the major altcoins and indicies as we see if this bull pump from last week can push us up to 4100 SP500 and a higher BTC. Let's see! Eyes peeled & head on a swivel this week. -TucciNomics Chief Overlord, AlgoBuddy
Long
by QuantVue
$DOGEUSDT What 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. Dogecoin in 2022 Fast forward today in 2022, 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. 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.
Long
by BADQOMOCAWGOWLD
DOGE - 📉LONG & SHORT📈 2 SETUPSHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Dogecoin just finished a grand mid-cycle rally and is now correcting back towards the closest support zone. This is most likely due to the fact that the entire cryptocurrency market is trading lower today. We see high Volume on the chart, indicating that there were many buyers at the support zone that DOGEUSDT is once again approaching. Two ways to trade DOGEUSDT right now, I discuss them in the video. Interested in Altcoins with PARABOLIC upside potential? Check out these coins: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
23
DOGE Daily TA Neutral BullishDOGEUSD daily guidance is neutral with a bullish bias. Recommended ratio: 55% DOGE, 45% CASH. * GOLDEN CROSS WATCH . Cryptos experienced the Sunday Scaries today off of rumors that Alameda Research may not be as solvent as expected and Binance CEO CZ announcing that he plans to liquidate Binance's FTT holdings over the coming weeks . Chinese health officials clarified that they aren't easing their Covid-Zero policies amidst a 6-month high in new infections . Crypto, DXY, HSI and NI225 are up while US Long-Term Treasuries, CNYUSD, JPYUSD, GBPUSD, EURUSD and Equity Futures are down. With Republicans looking set to take both the House and Senate on Tuesday (11/08), all eyes will be on CPI reporting this Thursday (11/10). Key Upcoming Dates: Third GDPNow US Q4 GDP Estimate 11/09; US October CPI at 830am EST 11/10; UofM November Consumer Sentiment Survey at 10am EST 11/11; Russia/Ukraine Grain Deal Expiration on 11/19; 2nd Estimate of US Q3 GDP at 830am (EST) 11/30; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14 .* Price is currently retesting $0.11 minor support after retreating from a quick test of $0.16 resistance. Volume has favored sellers for the past two sessions and has been shrinking for the past six consecutive sessions, this is indicative of an impending breakout or breakdown. Parabolic SAR flips bullish at $0.156, this margin is bullish at the moment. RSI is currently trending up slightly at 64 after bouncing off of 63, just above the uptrend line from December 2021, the next resistance is at $0.162. Stochastic remains bearish and is currently trending down at 32 as it approaches 29 support. MACD remains bullish and is currently trending down at 0.0163, if it falls below 0.015 it would be a bearish crossover. ADX is currently beginning to form a soft peak at 53 as Price is attempting to push higher, this is still bullish at the moment; however, a reversal to the downside in ADX accompanied by Price appreciation would be bearish. If Price is able to defend $0.11 minor support then it will likely retest $0.14 as resistance before attempting to formally test $0.16 resistance . However, if Price breaks down below $0.11 minor support, it will likely test $0.0815 support . Mental Stop Loss: (two consecutive closes below) $0.11.
BITTREX:DOGEUSD
by dailytaguy
DOGE/USDT - LONG ----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero. - Today's deal is shown in the chart, and here are the entry and exit points below. -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. -- ------------------------------------------------------- ⚡️⚡️ #DOGE/USDT ⚡️⚡️ Client: My-Binance Futures Trade Type: Breakout (Long) Leverage: Cross (1X) Entry Targets: 1) 0.13009 - 100.0% Take-Profit Targets: 1) 0.13566 - 14.285% 2) 0.14207 - 14.285% 3) 0.14755 - 14.285% 4) 0.14950 - 14.285% 5) 0.15303 - 14.285% 6) 0.15638 - 14.285% 7) 0.15879 - 14.285% Trailing Configuration: Entry: Percentage (0.5%) Take-Profit: Percentage (0.75%) Stop: Breakeven - Trigger: Percent (6.0%)
Long
by Mahdicryptodotma-pro
Dogecoin Analyze (Short term, Timeframe 4H, 11/01/2022)!!!🐶After the purchase of Twitter by Elon Musk, we saw an increase in the price of Dogecoin. It seems that the growth of Dogecoin has reached an important resistance zone, and the bearish reversal candlestick pattern also confirms my words = 🌟Shooting Star Pattern🌟. Also, we can see a Regular Divergence (RD-) between the Price and RSI indicator.👇 I expect Dogecoin will go down at least until the support zone. Dogecoin Analyze (DOGEUSDT) Timeframe 4h⏰ (Log Scale) Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
9
$DOGEUSDT Supernova 💫❤️🕊️What Is Dogecoin? Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
Long
by BADQOMOCAWGOWLD
2
WILL YOU 'DOGE' THIS???Hello traders, here's a quick update on the DOGE coin. Dogecoin did exceptionally well in the last 3 days. A 165% rally from the rock bottom of $0.06 all the way to $0.16 is simply great. It is too early to call it a 'rising wedge' pattern but a massive rally like this in no time is no joke. Although the rising wedge pattern technically tends to be bearish, we cannot assure anything on dogecoin because of Mr. Elon Musk. He literally owns dogecoin and can do anything with the power he holds. From the technical term, if Doge breaks and closes below the support line, we may see some bearish move but if it bounces back and breaks above the resistance trendline then we may witness some more bullish rally. I hope this update is helpful to you. Trade safely.
by Dexter_The_Trader
1