💡Don't miss the great buy opportunity in DOGEUSD @dogecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1543).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 53
Take Profits:
TP1= @ 0.1772
TP2= @ 0.1955
TP3= @ 0.2208
TP4= @ 0.2363
TP5= @ 0.2565
SL= Break below S2
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DOGEUSDT.3S trade ideas
DOGEUSDT | The safest place to sell🎯Hello traders, Dogecoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the count we had, the main waves 1, 2 and 3 were completed.
We examined wave 4.
From wave 4 we are sure that wave a is complete, but we still have doubts about wave b because it is not in normal terms in terms of time.
Preferably we counted wave b as finished and now we are waiting for wave c movements.
At times lower than wave c, waves 1,2,3 are completed, and based on new observations, we think we are inside wave 4, and the other two waves will probably remain for completion and then descend for wave 5.
If the warning sign (channel ceiling) is broken upwards, this analysis will be fielded, and if the red circle is broken downwards, it is a confirmation of the formation of wave 5.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
My triger for DOGE coin + technical analysis 💲💲💲✅ Technical analysis
✅ Triger area
✅2 target
⚠️ Save to watch list and cheak the triger area before you take the risk ( volume its very important)
⚠️control yours Risk management
🙏it's only my idea and its not for Recommendation for any action
🔞INSTA #max_gelmel
Doge coin has formed a cup patternDoge coin has formed a cup pattern in small time-period.
Currently it is nicely following the pattern but we need to be cautious as small period cup and handle pattern may fail.
But seeing that festive holiday season going on and Doge coin has good momentum in it, We can see some good returns here.
Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.
DOGECOIN vs SHIBA INU | Which one to buy?If you personally ask me which one of them to buy, I would say 'none'. They both are very risky, and are memecoins to be very particular. But still, if you want me to do the analysis on both, then continue reading this article.
Dogecoin’s market capitalization is $35.04B currently, whereas Shiba Inu’s market capitalization is $34.77B as of now. Shib crossed Doge a few hours ago and went till $42B to become the 9th largest cryptocurrency in the world.
Dogecoin was made for fun due to the circulation of a meme on the internet in 2013. But, Elon Musk has eyes on it, so it might make its fundamentals good. Whereas, Shib is a Decentralized Finance Network, they have a ShibaSwap too, for exchange of the currency. They take their tech from Ethereum Network. Shiba also claims to help the poor dogs with the money, but no proofs have been shown till now. They also donate to the society through the Amazon Smile initiative.
The man behind Dogecoins’s survival is Elon Musk and his team. He claims that Tesla employees uses Dogecoins for transactions too. Whereas Shib used Ethereum’s founder in its initial days. They sent 50% of Shib’s produce to Vitalik (Ethereum’s founder), out of which 90% was burnt by him by sending into unknown wallets without keys, and the remaining 10% (around $1B) was donated to India’s Covid Relief Fund. The current whale behind Shib’s pump is assumed to be Shib’s founder, Ryoshi.
The Twitter followers of Dogecoin’s official page are 2.3M, whereas Shib’s Twitter page has 1.7M followers.
Level of risk is equal in both, which is very high. But, I think that Elon Musk might help Doge’s team in making it a better coin, whereas Shib is very speculative.
So, out of these two, I would choose $DOGE as there is some trust because of Elon Musk, whereas Shiba Inu has so much pump left to be done. If you’re someone who likes to take big risks in return of big profits, you might go for $SHIB.
DO CHECK OUT THE NEXT PUMP ON SHIB THROUGH THE LINK AT THE END OF THIS IDEA!