Dogeusd
Doge Threatening to Breakout Once AgainTraders,
For the second time in as many weeks Dogecoin is threatening to breakout of it's bullish triangle which price has live inside of for nearly (2) two years. We need to pay close attention to this chart.
Let me know in the comments if you think we will break to the upside in the next day or two or not?
Stew
DOGE COIN, a long term vision. DOGEUSDTHello guys, A multi timeframe analysis of Doge and a long term vision for investment. The crypto market is so close to a new temporary bull run, and Doge has broken its resistance zone and trend line and retesting that. Although If lose this level, will go down to lower level. So this point is not bad to enter as a investment or increase your Doge coins. You can consider it and monitor the price's actions in the circle to buy it.
Observe the capital management and stop loss for any unforeseen event in the market.
Good luck
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below for me
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Salam doostan aziz, hame chiz rooye chart moshakhas shode be dide sarmaye gozari boland modat baraye harkat soodi movaghate market. gheymat nahiye moghavmeti va trend line khod ro shekaste va dar haale pullback hast, pas in noghte khobi baraye vorode jadid ya ezafe kardan be doge coin hayetan hast. agarche agar in sath ra dast bede be sath paiin khahad raft. lotfan modiriyat sarmaye va hade zarar baraye har etefagh dar bazar ro ra'ayat konid.
moafagh bashid.
like va follow faramoosh nashe :)
Doge got a bone!If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Got a pop and looks like an impulse printing.
A correction back to the previous resistance is Ideal for bulls.
A decisive break, not so much.
Cheers!
DOGEUSD LONG TERM BULLISH TRENDall crypto currencies in 2023 going bullish trend
DOGEUSD ALSO GOING LONG
get ready for the bullish storm my chart is so simple , but it always make sense.
doge coin will fly to the moon very soon , time to buy now
DOGEUSD ❕ above the liquidityDOGE moves above liquidity.
Trading volumes have declined on the correction.
The RSI chart continues to move in the buy zone on the 4H and 1H Timeframes.
Price is testing 50EMA as support (30m TF)
I believe that the asset will resume the growth after fixing above the resistance level.
Trade Alert(s) - Take ProfitTraders,
Unfortunately, I am too uncertain about how altcoins will respond when Bitcoin pulls back to tolerate this level of risk on the table. So, I have chosen to take profits on two coins coming up into resistance here: ALGO and DOGE. I will re-evaluate a decent re-entry area once I know this resistance is or will be defeated.
Stew
✅TS ❕ DOGEUSD: uptrend line✅✅ Doge maintains an upward trend.
The chart has confirmed support.
The price will resume its rise. ✅
🚀 BUY scenario: long to the resistance area. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
DOGE - Keep an eye on this level!Here's a quick look at DOGE 1 hr. chart. It is evident that the price action has been exhibiting a trend of decreasing volatility, indicating an impending significant price movement. Therefore, it is advisable to closely monitor the price level of 0.084$ for any significant upside movement!
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The idea is: Buy when the price breaks above 0.084$ and take profits at the levels shown in the chart.
Targets:
1. 0.0855$
2. 0.087$
3. 0.0885$
4. 0.092$
-------------------------------------------
Recent Altcoin trades:
ARB / USDT: 5% profit
DOGE / USDT: 20% profit
XRP / USDT: 9% profit
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
DOGE fundamental and technical sign for pump 🚀📖Hello 🐋
Based on the chart
the price is close to the channel resistance and breakout of the descending channel to the upside has been completed, and there is possibility of the retest to this area ✔️
and
we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀
the main
point is that for any huge pump and gain, we need more new volume 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
🐕Review of the Dogecoin(DOGE) Project🐕Hello! Today, let's review one of the ✴️cryptocurrency projects ✴️ which is the talk of the town these days, Dogecoin .
Today's project name is ⚛️ Dogecoin , shown as DOGE token⚛️.
As I have said before, I evaluate crypto projects based on various factors .👇
I have already introduced each of these factors with a brief explanation, so today, I will be looking at DOGE .
🔥Let’s get into it:
🔰🔰🔰🔰🔰🔰
✅ Project Goals : Dogecoin was created in 2013 as a joke. Dogecoin's goals are centered around creating a fun😁, friendly, and inclusive cryptocurrency that anyone can easily use and access. Dogecoin is the start of what is known today as “meme coins”. One of the main aims of Dogecoin is to be a fast and low-cost alternative to other cryptocurrencies like Bitcoin, making it ideal for everyday transactions and small purchases. But the aim to be an alternative to Bitcoin was made as a joke to stop the Bitcoin maximalists from spreading toxicity in the Bitcoin community💬. This is why I have rated Dogecoin’s project goals 4/10.
✅ Founders : Dogecoin was created in 2013 by two software engineers, Billy Markus and Jackson Palmer. Markus, who had previously worked for IBM, developed the technical aspects of the cryptocurrency, while Palmer, a product manager at Adobe, came up with the idea to base it on the popular "Doge" meme featuring a Shiba Inu dog🐕. Initially created as a joke or a "fun" cryptocurrency, Dogecoin gained popularity among internet communities, especially on Reddit, and became known for its friendly and inclusive culture. Markus and Palmer both stepped away from the project in 2015, with Markus citing personal reasons and Palmer expressing concerns about the cryptocurrency industry's direction. Since then, Dogecoin has been maintained and developed by a decentralized community of supporters and developers with no official leadership or centralized authority. Therefore I have scored Dogecoin’s founders 7/10.
✅ GitHub : Dogecoin's GitHub is an open-source repository where the source code for the Dogecoin cryptocurrency is stored, managed, and updated. It is a central hub for developers and contributors to collaborate on the project and make changes to the codebase. The GitHub repository also includes various resources and documentation for developers and users, such as technical guides, FAQs, and release notes. Dogecoin's open-source nature allows for transparency and community involvement in developing and maintaining the cryptocurrency. The Dogecoin GitHub repository has more than 270 contributors with over 14,000 commits. That is why I have scored Dogecoin’s GitHub 8/10.
✅ Inflation Rate : Dogecoin has a unique inflationary monetary policy that sets it apart from other cryptocurrencies like Bitcoin. Unlike Bitcoin, which has a fixed supply of 21 million coins, Dogecoin has an unlimited supply, with 5 billion new coins added to circulation each year. The inflation rate of Dogecoin is fixed at 5.26% per year, meaning that the total supply of Dogecoin will increase by approximately 5.26% each year. This inflation rate is designed to ensure that there will always be new coins available to incentivize miners to continue verifying transactions and securing the network. I have scored Dogecoin’s inflation rate 6/10.
✅ Community : Dogecoin's community is known for its fun, friendly, and inclusive culture, which has played a significant role in the cryptocurrency's success and popularity. The community is made up of a diverse group of supporters, including investors, developers, traders, and enthusiasts, who are passionate about the currency and its mission.
The Dogecoin community is highly active on social media platforms, especially Twitter and Reddit, where they often share memes, jokes, and updates about the cryptocurrency.
One of the unique features of the Dogecoin community is its strong sense of humor and lightheartedness. The currency's logo features the Shiba Inu dog, which has become a popular meme on the internet, and the community often celebrates milestones with humorous memes and jokes.
Also, Elon Musk is an active member of the Dogecoin community with a significant impact on the project. Since Elon Musk is an extremely influential figure, he has managed to impact Dogecoin’s price through tweets, accepting CRYPTOCAP:DOGE for the sale of certain Tesla products, and even most recently that he changed Twitter’s logo to Dogecoin’s logo for a week. Due to this, I have scored Dogecoin’s community 9/10.
✅ Whitepaper : Dogecoin does not have a formal whitepaper in the traditional sense, as it was created as a fork of Litecoin and was initially intended to be a joke or a "fun" cryptocurrency. However, the original codebase for Dogecoin is publicly available on its GitHub repository, and it provides a technical overview of the currency's features and functionality. Since the project does not have a whitepaper, I have scored it 1/10.
✅ Developers : Dogecoin's development team is largely comprised of volunteers and community members who contribute to the project on a part-time basis. The original codebase for Dogecoin was created by programmers Billy Markus and Jackson Palmer, who have since left the project.
Since then, the Dogecoin development team has expanded to include several core contributors and maintainers who oversee the ongoing development and maintenance of the currency. Some of the current core contributors include Ross Nicoll, Patrick Lodder, and Max Keller, among others.
The development team works closely with the broader Dogecoin community to solicit feedback, implement new features, and address any issues or bugs that arise. The team is known for its collaborative and transparent approach to development, with regular updates and discussions on social media and other online platforms. Therefore I have scored Dogecoin’s developers 7/10.
✅ Tokenomics : Dogecoin is inflationary which means it does not have a maximum total supply. Dogecoin’s tokenomics include a few key features mentioned below:
Inflationary supply : Dogecoin has an inflationary monetary policy, with 5 billion new coins added to circulation each year.
Fixed block rewards : Dogecoin miners receive a fixed block reward of 10,000 DOGE per block. This reward is designed to incentivize miners to continue verifying transactions and securing the network.
Fast block times : Dogecoin has a fast block time of just one minute, which helps to facilitate quick transactions.
But an important factor to keep in mind is that 50% of Dogecoin’s current circulating supply is held just by the top 20 wallet addresses. This makes Dogecoin extremely centralized in terms of ownership. Therefore I have scored Dogecoin’s tokenomics 4/10.
✅ Venture Capital Investors : Dogecoin is a decentralized cryptocurrency and does not have any official VC investors. As a community-driven project, Dogecoin was initially created as a fun and lighthearted fork of Litecoin and has since gained popularity and support from a diverse group of enthusiasts, investors, and traders.
While Dogecoin does not have any VC investors, it has received attention from various high-profile individuals, including Elon Musk, who has been known to tweet about the cryptocurrency and show support for its community. Due to this, I have scored Dogecoin’s VC investors 5/10, even though it does not have any official investors.
✅ Competitor Comparison : Dogecoin is often compared to other meme-inspired cryptocurrencies, which have gained popularity in recent years. Here are some points of comparison between Dogecoin and some of its notable meme coin competitors:
Shiba Inu (SHIB) : Shiba Inu is a meme-inspired cryptocurrency that was created in 2020. Like Dogecoin, it features a cute dog as its mascot, and it has a community-driven culture. However, Shiba Inu has a larger total supply and has faced criticism for its lack of transparency and governance.
SafeMoon (SAFEMOON) : SafeMoon is a cryptocurrency that was created in 2021 and has gained a significant following in a short amount of time. It features a unique tokenomics structure that incentivizes holders to keep their coins in their wallets, which is very ponzi-like. Therefore SafeMoon has faced criticism for its lack of transparency and the potential risks associated with its tokenomics structure.
Akita Inu (AKITA) : Akita Inu is a meme-inspired cryptocurrency that was created in 2021. It features a dog as its mascot, and it has gained some popularity among crypto investors. However, Akita Inu has a smaller community and less widespread adoption compared to Dogecoin.
Therefore I have scored Dogecoin 9/10 compared to its competitors.
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🔔 In conclusion , Dogecoin obtained a total score of 6/10 which is average. But the important point is that Dogecoin is a meme coin after all, which means it will only have value as long as the community stays active and works for the project’s growth. The thing is, there is a high chance of people getting tired of one meme coin and moving on to a newer, more trending one. So if you are thinking of buying some DOGE, it’s best not to put in more money than you are completely comfortable with losing. Many great teams in the crypto space are working on the latest technology in order to build platforms, applications, and protocols that will increase crypto adoption and create a better experience for crypto users. Therefore, in my opinion, it’s best to invest your money in those types of projects instead of meme coins.
DOGE - Keep an eye on this level! A breakout is coming! Here's a quick look at DOGE 1 hr. chart. It is evident that the price action has been exhibiting a trend of decreasing volatility, indicating an impending significant price movement. Therefore, it is advisable to closely monitor the price level of 0.084$ for any significant upside movement!
-------------------------------------------
The idea is: Buy when the price breaks above 0.084$ and take profits at the levels shown in the chart.
Targets:
1. 0.0855$
2. 0.087$
3. 0.0885$
4. 0.092$
-------------------------------------------
Recent Altcoin trades:
ARB / USDT: 5% profit
DOGE / USDT: 20% profit
XRP / USDT: 9% profit
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Twitter logo changes to DOGECOIN pupHi Traders, Investors and Speculators of the Charts 📈📉
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.
Bullish for Dogecoin? In recent developments, entrepreneur and philanthropist Elon Musk changes his recently acquired Twitter logo to the Dogecoin Face. Bet you didn't have that on your bingo cards for 2023 ! Although I believe in the strategy of "selling the news" , I do believe that Dogecoin will explode after a short pullback. From a technical analysis, my first target would be the Fibonacci Retracement at 0.236 as pointed out on the chart.
After Elon Musk has successfully acquired Twitter for $44 billion (which has caused a surge in the value of cryptocurrencies, particularly Dogecoin), he has decided to change the look and feel of Twitter. One might image him asking, "why so blue?"
Dogecoin, which was initially created as a joke in 2013, has gained popularity due to Musk's support, who has referred to it as the "people's crypto" and the "future currency of Earth". Musk has also implemented Dogecoin as a payment method for his companies, SpaceX and Tesla, and proposed using it as a payment method for Twitter's premium service.
Incase you missed it, here's everything you need to know about the DXY and the dangers of losing it as the world reserve currency 👀
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DOGE GO TO MOON VERY SOONHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the DOGE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You