In the past couple weeks I've been looking at doge move, regretting I didn't take all the positions I would see on TA. The whole story around it as a meme coin is scaring me off.
But I keep seeing it move in patterns, I see these Elliot waves in Elliot waves in Elliot waves, but maybe I'm just tripping. It's just that when you start to analyze other timeframes and everything it all looks like this perfect scenario... but it's still a meme... right?
Don't listen to the haterz. Do your research and find out the usage of Doge. It's used as a currency unlike other Tokens that are a gift for playing along. Make some $$ and be kind at the same time.
lbmagic
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Lol unlimited supply only pumped when Elon tweeted so what Eliot waves got to do with it? Eliot wave no one got it right only after event you can see :) be careful don’t get people rekt with your chart it’s a shit coin and no use cases :)
Crypto_Jay
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@lbmagic, That's what I said, it's a meme coin so it's scary to believe anything you see.
It's just confusing me because I made this chart 3 weeks ago. I barely put any money in it myself because I don't trust it, so I certainly won't advise anyone to do so.
Just sharing my delusional thoughts.
AnnieAndHerDoge
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@lbmagic, You know what else has unlimited supply? The US Dollar :D And you know what kept this wave going? The whole community.. not just Elon. And stop saying it has no uses. There are hundreds of stores accepting it as payment.
AnnieAndHerDoge
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Doesnt Ethereum also have unlimited supply?
AnnieAndHerDoge
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It's not a meme anymore. There are hundreds of stores accepting Dogecoin as payment. It has fast transaction speed and low fees. The more stores accepting it, the more it becomes a usable currency for the people. Just because it has a fun look and tons of memes around it, doesnt mean it's worthless.