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Another doge millionaire dogecoin analysis price prediction – Matt Kohrs

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Dogecoin Analysis & Price Prediction
Story Link: https://www.theguardian.com/technology/2021/may/11/goldman-sachs-executive-quits-after-making-millions-from-dogecoin
Let me know your thoughts on Dogecoin & ALGO in a comment below!
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Video Topics:
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What's going on moon gang, this video will be a really quick crypto update i'll specifically be focusing on dogecoin, but there's just something way too funny going on that. It's just too hard to pass up just to know before we hop into it. As i'm filming, this bitcoin is trading at five 56 ethereum's doing well, once again, retook four thousand four thousand one hundred fifteen cardano doing well a dollar. Seventy three and dogecoin is trading just above 50 cents.

I also want you to know that today i also bought a new crypto algorithm, ticker symbol algo. In fact, i could show that to you really quick crypto right here, uh trading around a dollar 44. uh. Just if you want to look into that, i will make a standalone video speaking about algo, so what is going on with dogecoin actually before we get into these technicals? I want to let you know what price levels you should be watching in terms of support and resistance, but let's go over some fundamental news.

We all know, may 9th right here, spacex launching satellite doge one to the moon next year, mission paid for in doge for script, own space first main space. Obviously this is pretty awesome. We do have a new update, actually two new updates, so today may 11th. Do you want tesla to accept doge overwhelming support 3.5 million people voted um? I wouldn't be so surprised in the coming days.

If tesla's like yep, we now accept doge to buy our vehicles pretty cool, but here's the really funny story right here: goldman sachs, executive quits. After making millions from dogecoin this just came out today, a senior manager at goldman sachs in london has quit the u.s investment bank. After making millions from investing in dogecoin city sources, says aziz. Mcmahon, a managing director and head of emerging market sales has resigned from the bank after making money from investing in the digital currency based on the doge internet meme.

This is hilarious for all the people out. There saying it has absolutely no value and dogecoin isn't gon na do anything. It's just not worth it well right here, a the definition of an investing trading professional goldman sachs executive was able to quit his job for making millions off of this thing, that's a complete joke, so it doesn't matter if it's a joke or not. In the end, people are making very very serious money for it.

I just thought this was absolutely hilarious. So with that being said now, let's quickly turn to some of the technicals. So dogecoin was following this trendline all the way down and it finally was able to broke break out around midnight around today. My time may 11th broke out came down reaffirmed it have 46 cents right here we got more of that.

Information of just kind of elon excitement pushing it up. It did top tick at 54.55 from there. We are now in a wedge, so we had this downward if there were a perfect parallel line on the bottom here. That would be referred to as a bull flag.

Uh and it's called the bull flag, even though it's trading downward, because it commonly breaks upward, that's exactly what we saw from there. This is actually now a you could actually call it a bull pennant. So what a bullpen it is. It means it was training upward.

Then it was lower highs, higher lows and you're basically forming a triangle. It's a very fancy way to say it was training upward. Then we made a triangle: lower highs, higher lows. These do commonly break upward.

So let's see if that becomes a reality in technical analysis. There is always always a counter example to really every pattern, but it's more of just playing the odds of like what happens most of the time. In this scenario, beyond that uh, we do have some support and resistance marked by these yellow lines. I know this is a bit confusing, but all i mean is support is a price level that it's bounced off of before resistance is a price level that has been rejected before um.

These are very important, because typically, support remains supported in the future. Resistance remains resistance. In the future, and they can even switch support - can become resistance. Resistance can become support.

I guess the best way i can sum this up is: what's an important price level, always an important price level. So anyway, uh we do have some port, the closest one's at 50 cents, which is also a key psychological level, a lot of people buying and selling at 50 cents. I'm looking for not only a breakout of this bull pennant, but i want the breakout above 52 cents. If that comes, i will then be watching really the region resistance between 54 5 and 55 2 right here this high, and then we also have support resistance.

Clearly, just overall region of resistance, but basically above this breakout of 55 i'll, then be watching 57.5. If this pennant is broken down, i will then be looking for support at the start of it at 47.7 and from then uh, 46. 1. Basically, this recent low.

So this is the support i'm watching. This is the resistance i'm watching. Overall, i think that story about the goldman sachs executive, making millions is absolutely hilarious from a technical perspective, i think things are looking good for dogecoin. These bullish pendants do commonly break upward.

We saw this before uh this downward channel commonly breaks upward. It's just the big question of when it happened around midnight. My time from there, the bounce and now uh, it's consolidating remember whether it's crypto stocks, futures consolidation, followed by expansion, followed by consolidation once again, but we basically saw expansion, consolidation, expansion, consolidation, it's just the common ebb and flow that you see in many many markets, but Overall, i'm still in doge, i'm very excited for it. I'm still getting a lot of questions about where's what the easiest place for you to buy dogecoin.

So if you want a phone app, you could check out voyager here are all the supported apps and if you're in the state of new york, you are going to have some problems with that uh. But one is gemini. This is allowed in new york and they also now offer doge. So those are two alternatives that you could potentially look into i'd love to get your thoughts on doge and really crypto at large.

In a comment below specifically, let me know your thoughts on algo. I just bought some today i'd love to get your thoughts uh. If you enjoyed this video, i would appreciate it if you could drop a like leave a comment and join the moon gang by hitting the subscribe button. That type of engagement really does help me out with the youtube algorithm until i catch you next time from me and share best of luck in the market.


27 thoughts on “Another doge millionaire dogecoin analysis price prediction”
  1. Avataaar/Circle Created with python_avatars Hannah Whitestone says:

    Everything definitely points out to altcoin seasons,but trading altcoins most times feels like Gambling.

  2. Avataaar/Circle Created with python_avatars MC nataS says:

    You've heard of DogeDiamond $DD? Just started, huge potential. Only 1M coins TS.

  3. Avataaar/Circle Created with python_avatars ava chiaramonte says:

    Bit coin is defying all laws of nature and T:A in this new era with many specuIations and many predic tions gone wrong, it's outrightly wrong to just sit back hodl and wait maybe incur some L0SS along the line, that's a wrong mindset for an lnvestor because as an lnvestor finding ways to always lncrease and stack up more coin"s thereby making prof!ts should be the way of life, even experienced trad ers are in a doubt to take long or short position. People who lnvested in Bit coins at the beginning or even in 2013 or 2015, when Bit coin was crash!ng, have now become milIionaires. I have been more skillfuI than lucky. Thanks mainly to the good time, my initial in vestment was muItiplied by 5 In two months. After getting in touch with Dr. Anthony Perez. an exp:ert in crypt0graphy, who showed me how to use his pro gram to make tran sactions and got 14 bit coin in 2 moths with him. if you are looking for a way to lncrease your portfoIio or in vestment. Anthony's TELIGRAM [Anthony_Crypto8]

  4. Avataaar/Circle Created with python_avatars Scotty MSU says:

    Doge is just a pump and dump play.. don't be on the wrong side of the trade and be bag holder with negative equity

  5. Avataaar/Circle Created with python_avatars rebjorn79 says:

    Man I thought you were talking about me but then I realized you're not talking about me ;-(


  6. Avataaar/Circle Created with python_avatars Michael Layton says:

    Absolutely love the videos and by far one of the sickest intros 🙌🏼

  7. Avataaar/Circle Created with python_avatars Found and Lost says:

    Yeah this is the best currency!!!! after ETHERIUM and Bitcoin!!!

  8. Avataaar/Circle Created with python_avatars Prahaval abjeet says:

    Despite the economic crisis this is the best time to invest in crypto currency.

  9. Avataaar/Circle Created with python_avatars mavenjam04 says:

    Please make a review to Apollo Space Token is it legit or scam?

  10. Avataaar/Circle Created with python_avatars hupe7777777 says:

    According to Coin Metrics, the price of Dogecoin increased by approximately 50% on Tuesday. After bitcoin, Ethereum, and Binance Coins, rendering it the fourth-largest cryptocurrency with a market cap of $75 billion, and traded daily at an average volume of $9 billion..I was able to grasp the knowledge of trading crypt0 assets early enough,but I was still limited due to my lack of technical understanding of how to proper analyse the digital market.but all that Changed when I encountered Brennan Carson services and training. I must confess it was easier to understand and trade the market with the assistance of Brennan Carson within the space of 4weeks I was able to make $110k Worth in DogEcoin with start capital of $35k,truth be told His methods are top notch and prof!table and he can be contacted easily on ͲҽӀҽցɾąʍ as [ BrennanCarson ] for Crypt0 related concern.

  11. Avataaar/Circle Created with python_avatars Shravan Prajapati says:

    Could you please make stand alone video on Ethereum everyday? pa-pa-pa-pa-pa-pa-pa-pa-please!

  12. Avataaar/Circle Created with python_avatars 2Stroke Tyson says:

    and when he cashed out who's millions do you think he took exactly? lol exactly!

  13. Avataaar/Circle Created with python_avatars Xtreme Gainz says:

    FEG TOKEN (Feed Every Gorilla)…BLASTING OFF..check it out!!!!

  14. Avataaar/Circle Created with python_avatars Johnson Ray says:

    Bitcoin is the future  ,investing in it now is the wisest thing to do now especially the current rise

  15. Avataaar/Circle Created with python_avatars Richard Williams says:


  16. Avataaar/Circle Created with python_avatars Richard Williams says:


  17. Avataaar/Circle Created with python_avatars Terry Smart says:

    I agree with all your points, nobody knows where B TC will go, Surely I wouldn’t invest in it as a retirement asset, I don’t think it will ever replace fiat (Both because of its limited availability also because it would take generations to do that)and most of all because now at (almost) All-time highs is in my opinion not the best moment to enter.
    Nevertheless I’m happy I enter sometime ago and I’m holding. None has a crystal ball but in my humble opinion, most people just take about B TC, which is just the tips of the iceberg, I think crypto is going to get more importance and acknowledgment in the future. BTC is the future doesn’t mean we should just hold and not think of the negative effect it would put on you when it goes low than the entry price. I advice that we all follow a less talked about way which is trad!ng. I was about to generate more than 9B TC with 1. 4 B TC in an interval of 6 weeks from using the tradё signal Garric Norman has a Tel egram @normanfx for more insights

  18. Avataaar/Circle Created with python_avatars Manic M says:

    I think theyre blocking videos about AMC. I did AMC search and its old videos. I had to come to your channel and clicked videos and there was your latest 59 minutes ago. unreal these creeps!

  19. Avataaar/Circle Created with python_avatars Elizabeth rody Rody says:


  20. Avataaar/Circle Created with python_avatars Rob Tal says:

    DOGE is now about popular sentiment and companies acceptance for payment. 🚀

  21. Avataaar/Circle Created with python_avatars Sammy Davis says:

    I'm glad you mentioned ALGO. Most channels do not even mention it. Beside the project's own merits, it's a great way to move crypto assets from one exchange to another. Most ERC-20 tokens, if you move from one exchange to another, they will charge you an arm and a leg because of these greedy ETH miners, unless you have the option of moving them using the BEP or TRON network. Example: I tried moving about $100 USDT from one exchange to another. On the Ethereum network, they wanted to charge $20USDT in fees to transfer it! The fee for moving ALGO is relatively cheap, but check the liquidity of the destination exchange, whether it's resonably liquid to sell/convert to something else.

  22. Avataaar/Circle Created with python_avatars Scare Hollow says:

    So when I buy doge on robinhood I still own the coins right???? Or am I just playing with robinhood coin stock? I made profit for sure so i guess i don't care

  23. Avataaar/Circle Created with python_avatars Janet Howard says:

    Despite the economic crisis it's till wish to invest in Crypto currency

  24. Avataaar/Circle Created with python_avatars Ardita M says:

    Someone put a doge statue across from the Wall Street bull in NY 🐕🐃 – there's pics on Twitter

  25. Avataaar/Circle Created with python_avatars ThisIs Necessary says:

    Doge could drop to 0.12 cents and I’ll still be laughing all the way to the bank.

  26. Avataaar/Circle Created with python_avatars P. Ness says:

    To be honest I don’t have to be happy for anyone that got lucky. I never said no when someone tried to get me into doge. Fuck those guys that bought early.

  27. Avataaar/Circle Created with python_avatars MaD707MaN says:

    So far so good. Ima get rich and get the duck out of my job too.

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