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Doge/Usd Simple Price Action Idea (FIRST PUBLIC POST)phycological numbers play in heavy on Doge simply people its speculated on... HARD. so key levels are easy, .35, .40, .45, .50, etc. with taking in consideration of fundmentals (Elon, x3 etf doge shorts, mixed public options etc) i still see a long term bullish trend, playing off key support area now at .45. this is make or break zone now. if we continue to see a bullish sentiment i fully expect a push to .80 and greater. Doge price action, despite recent increases of volume in the past month, has been keeping a healthy path with pull backs and good 45degree trend. stay safe traders! red zone (stop loss area) in this idea would be .385, goodluck!
BITFINEX:DOGEUSDLong
by MinkyTrades
Doggy to bounce off Tline? or back to wedge?What now looks to be a market setup for a Head and Shoulders could likely be a beautiful setup for a quick bounce off the wedge upper trend line, this means a speedy movement to the psychological levels of a $1.00. On the other hand they could choose to accumulate more money before blast off, which would mean that we would start the H&S process back into the wedge trend ultimately waiting a week or so before take off, also if H&S structure starts to form we can most likely except for the last shoulder to be a fake out breaking out into higher record levels for Dogecoin. NOTE: Musk's appearance on SNL will be like Doge Day with the slow delayed effect on DOGE movement. But ultimately we reached desired levels. Hodl!! but be smart and play your cards right. This is strictly my speculation on Dogecoin, DO NOT INVEST WHAT YOU CAN NOT LOSE.
BITTREX:DOGEUSDLong
by CEO_Alvarado
DOGE investors are crying Bad luck to anyone who decided to invest in DOGE this week, your winnings have been wiped. This crash was inevitable due to the volatile move in the DOGE market and the inevitable fact that DOGE isn’t backed by anything in any sort of way. On the other hand, HODLers are ready to keep going and to push through. No one really knows where this is heading, Elon’s speech did the opposite of what it was supposed to do. As Elon has stated before, “fate always meets irony” as all investors were buying DOGE before Elon’s hosting of the SNL last night, thinking that it was going to pump, irony met them and DOGE crashed 30%. I do not suggest invest in DOGE as their are other alternatives with lower risk, along with lower returns.
Short
by TraderThierry
#Doge420 Was a Bust, Will #DogeSNL Be Different This Time?Lots of hype for #dogetothemoon / #DogeSNL / #SHIB day with Elon Musk tonight but also a lot of skepticism from the folks who were burned from #Doge420 day. Will it be another bust? Despite the disappointment, #420dogeday may have actually worked, in retrospect. Here's why: A lot of #crypto fans know how to buy coins and they often take that for granted. For the non-technical person out there, setting up an account (especially since Coinbase doesn't support DOGE yet) isn't that easy. There's a learning curve involved with this stuff. People also don't change their habits easily -- seeing the hype might get them interested but people have things to do and they're not going to jump in right away. I'm thinking about my mom who bought a sizable amount of DOGE because she thought "it was cute" (is a better reason than most investors tbh -- at least she likes the product) but it took her a few weeks of thinking and trying before finally making the decision to put money in. The short story is that these marketing blitzes take time, and you need a while for people to digest the information, especially when it comes to a complex product like crypto. If you were part of 420 Doge Day, don't feel bad about it -- you did your part. A little patience is all that's really needed, here. 🙂
BITTREX:DOGEUSD
by RyanTanaka
3
Elon hosts SNL May 8th, DOGE to .73 centsElon and the SNL cast will undoubtedly mention Dogecoin which will send it flying. I have been accumulating coins in anticipation of a large run-up into May and on that Saturday night when Elon Musk hosts. Every time someone mentions it whether it be Ellen/Mark Cuban or Slim Jims, it seems to fly. Just a hypothetical if the first impulse were to repeat. I copied it and dragged it so it got distorted by the logarithmic scale. It shows DOGE could be headed to above 73 cents.
BITTREX:DOGEUSDLong
by EBITDAtiger