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DOGEBTC trade ideas

Doge coin is at a crucial point here - will the bulls wake up ?Doge BTC is at a 0.618 retracement zone, order books are stacked with lots of support at these regions. Best case scenario is a surge in volume at these levels (38-40) with price closing above short term highs. Would be very wary if price revisited 29 sats again. Also, Bitcoin Dominance chart looks weak, with more money flowing into the alt coins. BTC itself is also trapped in a very long consolidation pattern between 8.9 and 9.5k. A break in either direction for bitcoin could signal the end of the 'alt season' as people transition value into their favorite bluechip crypto. Sentiment should become clear in the next couple of days. When examining previous pumps in doge coin it's clear that the full extent of the move can take up to 1-3 weeks to fully realise.
Long
by coindabbler3
1
Fly $DOGE flyEvery move in asset requires news. People need to justify every change in price. This time for one of my favorite fundamentally built Dogecoin was TicTac craze. In reality, after a loooooooong accumulation this amazing shitcoin is ready to rip. Just that. No protocol updates. No platform expenditure. Nothing. Simple supply and demand. More people use DOGE - more demand - higher the price. Plus weird "DOGE only" trading cycles. Chart is self-explanatory. Just buy DOGE and sit on it. If you want to take profits, then use previous highs.
Long
by LEVERXYZ
5
DOGE/BTC weekly outlook 7/9/2020Good afternoon everyone and welcome back to my alt coin analysis. As I have made clear in previous analysis I am going to start checking into the more popular Alt coins and see where it goes. I am looking at DOGE/BTC and I zoomed out to the weekly so we could see a better view of the movements. This coin really has moved completely flat and sideways for over a year in some sort of insane accumulation phase... Call it what you want but if you held through that long flat year you deserved this pump. People want to blame it on something with Tik Tok if Im not mistaken. We will touch on that in the analysis too. I want to give my thoughts on that. Anyways lets chat about DOGE. What can I say?? We finally saw a break out that was worth getting out of bed for. It was bound to happen eventually. DOGE is a sleeper coin. People dismiss it as a joke but I bet DOGE has more users than Litecoin right now. Just a hunch. DOGE has developed the reputation as a meme joke coin and that is all the creator intended. But it became so much more. I really cant say much about the pump if it was due to the Tik tok reasoning I was reading a bit about on Facebook recently. It wouldnt be the first time a pump occurred from a coordinated effort and it wont be the last. Nope not in crypto. Call it manipulation or whatever you prefer but the fact remains. Pumps like this are easy to pull off with the lower cap coins. A few hundred people in a well coordinated effort can make these alts dance. I think that happens quite often. Am I 100% that is what happened with DOGE here? No. But it wouldnt surprise me. I really love DOGE. I think it is a representation of how legit crypto has become. You couldnt even create a coin as a joke without it going off like a rocket. It intrigues the hell out of me. I dont want to sound like a know it all because I have never seen it happen or been a part of a pump and dump. But Im 100% it happens. Crypto is largely unregulated and I think I prefer it that way. But that comes with the bad too. People will manipulate markets that present themselves as easily manipulated. DOGE is known to pump and it is over the weekly 200 MA on the chart. That is positive. We really need to close the week above the weekly 200 MA and try to expand on this pump. DOGE was dead for over a year before this so its nice to see some life from the good old alt. I have a lot of respect for DOGE and I really am glad to see it pumping. Ive seen a lot of pumps where DOGE led the way too so keep your eyes open if nothing else. Blame this pump on TIK TOK or whatever you want. But those that held through the year just doubled their $ over night pretty much. Not too shabby. WTFDIK
by UnknownUnicorn4304403
1
DOGE/BTC Local work. Symmetric triangle. First target.A symmetrical triangle is formed on the pump coin DOGE. The price is clamped. An important reversal zone is shown. This is a local work and the first target. In this old trading idea, he showed the entire history of trading and pumping hundreds of percent of this cryptocurrency. The easiest to trade and reliable Pamp coin Profit in local work + 70% In this trading idea, I showed the pumping of this cryptocurrency and at what percentage and how many times there have been over the past 2 years. This is not a “promising dermo technological coin” for believing fools. This is a real trading tool that brings real money. Lateral price movement exists. a very long time. Draw conclusions yourself from your own experience and mind. Good luck in trading.
by SpartaBTC
DOGE/BTC (Strong Breakout)DOGE/BTC -an amazing breakout of DOGE coin -we manage to catch the price at 29 sat -because we saw a spike in buy volume when it got there -examined the chart on the weekly -giving the sign of potential strong breakout which it did -we fully closed position at 45 sat but overshoot to 60 sats -I do not recommend to buy at this level -wait for the next consolidation phase or pullback at immediate support -the 46-42 sat is an area to watch for upside continuation
by PolarHusk
2