Doge (1 hour Graph) Bullish
Hello Traders, Artists and Seekers,
You have arrived to a new analysis about DOGE/BTC. The perspective you receive is from an hourly timeframe.
As you might have noticed, DOGE is being promoted in very extreme ways by people with a very large amount of followers on social media. It seems like as if DOGE is being used as "a fight against the establishment", because of the terms being used in social media like "Doge is here for the people" "Doge, the people's coin" Doge to one dollar" etc. Besides the fight being stirred in the minds of the people, I'm guessing that the leaders, who are in charge of the Doge movement, are testing what kind of influence they can yield, how far this price action/movement can go. From my personal personal perspective, I see the previous as a good thing, because without risking going to far, you'll never know the limit, if there even is one.
As the price is determined by "what a crazy person will give to it" (a dutch saying), DOGE could indeed plant his dogprint flag on the moon and say high to the Russians and Americans or Americans and Russians.
When looking at the chart above, we can see that Doge is forming two symmetrical triangles, a descending triangle (middle) and an ascending triangle (right). And those symmetrical triangles are forming within a huge bull flag.
Taking all the above into consideration I see DOGE/BTC as extremely bullish. My price target is at 0,00000553.
However we are living in a fast paced changing world and fear is, as always, just around the corner.
Don't take the above as financial advice, it is not.
My best advice for you is, learn the basics and be a student, not a follower. Make sure that your decision is the product of you own conclusion.
Dear reader. We don't know each other. But through these lines, we have met. I hope u enjoyed reading the above and sincerely hope you will reach whatever goals you have set for yourself. A suggestion for you personally: set higher goals!
Until we meet again.
Some practical issue's:
If you like, hit the like button;
After hitting the like button, leave a comment below becasuse I like to meet you also (a simple hello or so will do, but feel free to share your thoughts)
If you liked reading the above, hit the follow button so that I know that you want more of this.
Thanks.
You have arrived to a new analysis about DOGE/BTC. The perspective you receive is from an hourly timeframe.
As you might have noticed, DOGE is being promoted in very extreme ways by people with a very large amount of followers on social media. It seems like as if DOGE is being used as "a fight against the establishment", because of the terms being used in social media like "Doge is here for the people" "Doge, the people's coin" Doge to one dollar" etc. Besides the fight being stirred in the minds of the people, I'm guessing that the leaders, who are in charge of the Doge movement, are testing what kind of influence they can yield, how far this price action/movement can go. From my personal personal perspective, I see the previous as a good thing, because without risking going to far, you'll never know the limit, if there even is one.
As the price is determined by "what a crazy person will give to it" (a dutch saying), DOGE could indeed plant his dogprint flag on the moon and say high to the Russians and Americans or Americans and Russians.
When looking at the chart above, we can see that Doge is forming two symmetrical triangles, a descending triangle (middle) and an ascending triangle (right). And those symmetrical triangles are forming within a huge bull flag.
Taking all the above into consideration I see DOGE/BTC as extremely bullish. My price target is at 0,00000553.
However we are living in a fast paced changing world and fear is, as always, just around the corner.
Don't take the above as financial advice, it is not.
My best advice for you is, learn the basics and be a student, not a follower. Make sure that your decision is the product of you own conclusion.
Dear reader. We don't know each other. But through these lines, we have met. I hope u enjoyed reading the above and sincerely hope you will reach whatever goals you have set for yourself. A suggestion for you personally: set higher goals!
Until we meet again.
Some practical issue's:
If you like, hit the like button;
After hitting the like button, leave a comment below becasuse I like to meet you also (a simple hello or so will do, but feel free to share your thoughts)
If you liked reading the above, hit the follow button so that I know that you want more of this.
Thanks.
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