DOGEUSD - STILL NOT ENOUGH SUPPORT

Updated
Yesterday I shared my opinion about the price evolution of Doge. Today I will share you my pending position on Doge as well. Yesterday I told you that there is an opportunity to buy from 0.40$. If you did that, congrats to you, but you can buy from 0.25 ( that means nearly 50% discount from current price). Right now I am planning to play with the hype, but only from fundamental values. BTC is still in a corrective move, the market need to kick out the weak hands. If you want to play safe, you can use my setup in order to have a profitable and low risk reward trade. (Max loss on this trade -9% expected profit +290% - since DOGE is a highly speculative coin I had to increase my SL level to 9-10% in order to survive the correction). See the charts attached below:

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Note
There is a sudden rise as a reaction to Elon Musks tweet about working together with the doge devs... The overall market is crashing so it doesn't make sense, more crash to come.
Trade active
Who let the dogs out wof wof wof!!!
BTCcryptodogedogecoinHarmonic PatternsTechnical IndicatorsmanagementrisktradingWave Analysis

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