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Dogecoin (DOGE) is based on the popular “doge” Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin’s creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin. In this DOGECOIN Analysis video, we discuss scalping and investing in the company. We analyze the 50 EMA (Exponential Moving average), MACD (Moving Average Convergence Divergence), RSI (Relative Strength Index), bullish and bearish trends, technical analysis chart patterns, and potential entry and exit points for traders and investors.
0:12 Fundamental Analysis
4:10 Technical Analysis
DOGECOIN Playlist: https://www.youtube.com/playlist?list=PLR4I_HYPtHZFvGO0RxVY-yVSyg9x4jnlz
DOGECOIN Fundamentals: https://coinmarketcap.com/currencies/dogecoin/
DISCLAIMER: I am not a financial advisor, and my opinions reflect mine only and no other entities. The ideas presented in this video are for entertainment purposes only and not intended as any financial advice, recommendations, suggestions, etc., despite what is stated. You (and only you) are responsible for the financial decisions that you make.
English is not my first language, so please excuse my mistakes. And If you like this video, please hit the like button. It helps me a lot!