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Issue 54 – Keep DOGE on Your Radar

August 12, 2021


Cryptos are losing some ground today after an intense rally that began July 1st.

If you’re a trader, this is a time to be patient. We just experienced three weeks filled with incredible opportunities, so it’s natural to see some profit taking.

One market that is setting up nicely this month is DOGEUSDT. That may come as a surprise to some, but I can’t deny how appealing the chart looks.

However, proper timing is essential. So I’ll discuss what I’m watching on the DOGE chart and provide updates on BTC, ETH, WOO, and others.

Let’s begin!

Dogecoin’s Role in Crypto Culture

I never thought I’d be writing about Dogecoin. For a long time, I thought it was a joke, and it is quite literally.

But I always felt it was better to spend my time on coins with actual utility. And I still believe that for the most part.

However, like it or not, Doge plays an essential role in crypto culture. It was created as a joke, and that’s okay because it isn’t trying to be anything else.

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Trading Tools & Resources

The links below are affiliate links. Meaning that at no additional cost to you, I will earn a commission if you click through and sign up.

Bybit - My preferred exchange for trading crypto. Over 100 tradable assets, super competitive spreads, and the best mobile trading platform I've ever used. Use the link below to receive up to $4,000 USD in bonuses. Limited time offer! Note: US clients must use a VPN.

iTrustCapital - Where I invest in crypto for my retirement account. These are self-directed IRAs where you can invest in dozens of crypto assets and even gold and silver. Right now they're offering $100 in BTC when you fund an account with at least $1,000. Use the link below to claim this offer. 

TraderSync- The crypto trading journal I use and trust. Enter trades manually or import from dozens of brokers/exchanges, including Bybit! Track your win rate, average return, profit factor and identify mistakes to improve your trading. 

Justin Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast.

My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig.

The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight.

Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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