Twitter logo changes to DOGECOIN pup
Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Bullish for Dogecoin? In recent developments, entrepreneur and philanthropist Elon Musk changes his recently acquired Twitter logo to the Dogecoin Face. Bet you didn't have that on your bingo cards for 2023 ! Although I believe in the strategy of "selling the news" , I do believe that Dogecoin will explode after a short pullback. From a technical analysis, my first target would be the Fibonacci Retracement at 0.236 as pointed out on the chart.
After Elon Musk has successfully acquired Twitter for $44 billion (which has caused a surge in the value of cryptocurrencies, particularly Dogecoin), he has decided to change the look and feel of Twitter. One might image him asking, "why so blue?"
Dogecoin, which was initially created as a joke in 2013, has gained popularity due to Musk's support, who has referred to it as the "people's crypto" and the "future currency of Earth". Musk has also implemented Dogecoin as a payment method for his companies, SpaceX and Tesla, and proposed using it as a payment method for Twitter's premium service.
Incase you missed it, here's everything you need to know about the DXY and the dangers of losing it as the world reserve currency 👀
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Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Bullish for Dogecoin? In recent developments, entrepreneur and philanthropist Elon Musk changes his recently acquired Twitter logo to the Dogecoin Face. Bet you didn't have that on your bingo cards for 2023 ! Although I believe in the strategy of "selling the news" , I do believe that Dogecoin will explode after a short pullback. From a technical analysis, my first target would be the Fibonacci Retracement at 0.236 as pointed out on the chart.
After Elon Musk has successfully acquired Twitter for $44 billion (which has caused a surge in the value of cryptocurrencies, particularly Dogecoin), he has decided to change the look and feel of Twitter. One might image him asking, "why so blue?"
Dogecoin, which was initially created as a joke in 2013, has gained popularity due to Musk's support, who has referred to it as the "people's crypto" and the "future currency of Earth". Musk has also implemented Dogecoin as a payment method for his companies, SpaceX and Tesla, and proposed using it as a payment method for Twitter's premium service.
Incase you missed it, here's everything you need to know about the DXY and the dangers of losing it as the world reserve currency 👀
_______________________
📢 Show us some LOVE 🧡 Follow for daily updates and trade ideas on Crypto , Stocks , Forex and Commodities 💎
We thank you for your support !
CryptoCheck
Comment:
DOGE definitely pulling back after the news, as expected. I'll be looking to buy from .075 and under
