KevinChristopherBest

DOGECOIN - DOGEUSD Forecast

Long
BITTREX:DOGEUSD   Dogecoin / US Dollar

Welcome Traders and Investors !

*What a week for the crypto world. You need to have a strong stomach and be relentless whenever investing in Crypto. For some of you, you might have lived a week with full of emotions and uncertainty.
However this is something you must become familiar with, crypto has seen a bullish cycle this year, but it doesn't take away his volatility , and we have seen it lastly.

From a Technical View

1. The MAs 100 provides guidance that prices might find support and consolidation very soon.
2. On the second screen (below) I have marked the price note, where I assume prices might find strong support, I DON'T EXPECT IT TO BE A FALSE BREAKOUT, which for me prices showed bullish price actions around 0.25/coin
3. I expect prices to reach the R1 end of this week before a correction to the MAs 200 which we create price support if Markets Continue on a bullish way.
4. (Cleaner view of the second screen) -


From a fundamental point of view

We all have probably seen/heard of the massive merchant acquisitions DOGE coin is benefiting from, and all the big names which support DOGEcoins value. Which obviously started as a meme, however in a certain way an intrinsic value has/could be found in the meme coin, which will then hopefully surpass all expectations are really be helpful for our humanity and civilisation. Which is for me the ultimate goal for the crypto world.

As ALWAYS, thank you very much, for your time reading and analysing my work. I would really appreciate all given likes and additional comments. If you have any question or proposition feel free to contact me !

Follow for more trading/investing news and hope to see you soon. Take care !

Kevin C. Best

Comments

As long as the People hold the Doge it really could be the best thing to ever happen for the world. There's a reason governments are getting anxious, there's a rapidly growing market that nobody in power has control over. Rumors of high taxes and government bans, plus article after article of slamming the Dog including calling you a racist if you have bought and of them. Doge coin may have been created as a joke but it's unique in that way and roughly a 1.1% annual inflation rate really isn't something we should be concerned about. There is no maximum number of dollars any government can print and money keeps on trucking every day with way higher inflation.
+1 Reply
@langematt1, You said it bro keep it up !
Reply
Thanks a lot!
+1 Reply
@aldentradebiz, I am grateful to you mate thanks for your comment !
Reply
Thank you for your time help..
+1 Reply
@divang068, Hi mate, thanks to you !
Reply
Bless Your Work Sir.

Any positive feedback and analysis on DOGE is appreciated. We Love The DOGE
+1 Reply
KevinChristopherBest kennymmabilisa
@kennymmabilisa, Thank you mate, take care !
Reply
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