Everyone barks woof woof DOGE to the moon & 1 USD targets these days but I would be really surprised if DOGE will go higher.
I would be really carefull here with joke - tip coin
DYOR but I think it will go down from here & I see nice short opportunity cooking up
Monthly RSI at 92 !! & Weekly with bearish divergence
ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
doge bears are the ones who make it go higher with their liquidations.. bears are the joke here.. not doge.. doge is doing what bitcoin did in the early days.. do not underestimate the doge.. the hype is real.. 1 cent never again.. but go on short it :)) we will see
langematt1
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Strange how every time the Doge starts to make ground the ENTIRE market collapses again... Almost like the people who control the market are afraid of the people controlling it. How is it decentralized when 100s of markets hit their bottoms at the same time? How has the DOGE not done the same thing? The answer is simple the market is as centralized as it gets... EXCEPT for Doge. The DOGE is my dollar now because I watched several hundred markets that were supposed to be somewhat independent of each crash at the same time which btw had BTC not crashed the DOGE would be worth several cents higher and all the charts in the world can be manipulated to hide the fact that it's doing it's own thing now.
Basic Doge Strategy to build equity without capital investment.
Step 1 Buy Doge
Step 2 every morning take 40-60% of your Doge and put it in something that is either likely to stay flat or go up.
Step 3 Trade back when you can buy more Doge which works when the Doge goes up or down... I'm actually rooting for it to go down a lot more than up.
Step 4 Repeat until we pull the entire market into DOGE.
Barrabert
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@langematt1, Veeeery interesting idea 🤔🤔🤔🙂
Somehow it makes sense if other people would not do the opposite. With some coordinated cooperation from other Doge holder traders it can work, definitely.
Barrabert
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Just a normal market cycle. Doge is going to the correction phase after a huge rise while Btc is almost finished with it in his parabolic rise and going for the 5th leg. The worst will come later, when Btc will correct again and Doge will be still in a correction. That can be a bad feeling for the holders.
Barrabert
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Doge is a fantastic coin and definitely not a joke anymore. Bitcoin did start as a joke as well and now it's a "big joke", but Doge is having even a lot of better characteristics.
I agree with you, I do not see a big potential now in this leg (even this 0.47 was a huge surprise for me to tell the truth - I did expect "only" 0.12); but after a deeper correction, in the last big leg in Q2 I would not be surprised from 5+ dollar end price.
The next log fib level is around 1.55 and we did clearly pass the first one, so the route is fully open. Correction and after big fly again is my prediction.
If we continue to fly in the next days or weeks without a correction, it will be definitely a miracle.
@Barrabert, the last peak 8 cents correction was 5-6 this peak 42 cents correction is right on track the duration between them is dependent on whether they keep murdering the market to stop it's ascension.
Barrabert
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@langematt1, It can be a bit different now. Most probably Doge did finish the 5th leg of the 3rd big one now, so the correction can be longer and deeper before we start the last big leg up. It depends on many factors by the way, how deep will we go, but longterm I see a huge potential for Doge definitely.
Patience is the key, holding and accumulating longterm, actively participating on building the community and helping the adoption.
SAS_AC
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that's too much blood xD
Anoinvest
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@SAS_AC, well its just my opinion for a possible scenario. Time will tell