DOGECOIN- 🐾 Still looks Bearish 🦴

18 Ağu 2021

NEXT GEN INVESTING
Dogecoin rallies after Elon Musk agrees with Mark Cuban that it’s the ‘strongest’ cryptocurrency as a medium of exchange

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Sorry guys but my intuition says that the meme coin is a tool to speculate by some Big wallets...

My logic tells me that the clone (that's what Doge is) will NEVER replace Bitcoin

And my chart tells me to keep going short as I did yesterday..

My opinion, sorry if it breaks your heart, just my honest opinion.

PS. BTC ADA SOLANA looking better than the others right now. Some ALTS still look scary bearish.

One Love,

the FXPROFESSOR


wiki:
Is Dogecoin mined the same as Bitcoin?
Despite using the same Proof-of-Work system, dogecoin mining operates slightly differently than bitcoin. Bitcoin, which is the oldest and largest cryptocurrency by market cap, uses a hashing algorithm called SHA-256. ... Dogecoin and litecoin use a hashing algorithm called Scrypt, which is less complex than SHA-256