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Dogecoin / TetherUS
Long

DOGE still hungry

By bizmark
Updated
DOGEcoin🐕 is getting ready to break up this triangle, and if successful I think there is chance for run to 0.517 and even higher.🦴
  • ENTRY: local high @ 0.331
  • SL: local low @ 0.280
  • TARGET: height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 0.517
  • RRR: 3.65
  • INVALIDATION: when SL level hit

Like👍 & Enjoy🍿!
Trade active
Order filled, DOGE is running! 🐕🏃‍♂️
Trade closed: stop reached
💥BOOM💥 ... and I'm out
Let's see if there is bigger triangle in the play.
Note
It seems that the bigger triangle could really be in the making, and actually the SL level could be the 2nd low of triangle. So I will re-enter @0.281, exactly where I got stopped (SL). New SL @ 0.268, really tight stop, low risk, I will give it a shot. TP will be updated later, once the trade is validated.
Note
This is what I'm talking about and how it could look like...
snapshot
Trade active
I'm in with tight stop. Small speculative size, low risk.
snapshot
Trade closed: stop reached
SL hit and I'm out. No big deal.
snapshot
breakoutChart PatternscryptodogedogecoindogeusdtMEMETrend AnalysisTrend LinesTriangle
bizmark
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