Hello there ladies and gentlemen, BulloTaurus here with a quick analysis for today .
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.
I will refer again to my favourite Mark's words:
“History Doesn't Repeat Itself, but It Often Rhymes” – Mark Twain.
We can see Dogecoin having multiple spikes during its bullrun breaking all daily and weekly time frames in one big candle.
RSI and MACD is also bullish.
Risk: 3
Reward:9
Peace.
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P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!