Get started

DOGEF0 / USTF0

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

DOGEUST.P trade ideas

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!
by theTAguy
💡Don't miss the great buy opportunity in DOGEUSD @dogecoinTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.2446). . 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 above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 0.2721 TP2= @ 0.2922 TP3= @ 0.3162 TP4= @ 0.3306 TP5= @ 0.3508 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4