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Cypto

3 week strategy for DOGE to $1 T Market CapWhen dealing in a future's market look for lengths of consolidation and see what the average time is spent for those consolidations this give "an idea" of how long the market takes to correct ------------------------------------------------------------------------------------------------------------- In the case of DOGE it looks (more or less) every time DOGE consolidates (on the 2-day time frame) it lasts about 10 Bars or 3 weeks so....we have 3 weeks to work this market! First we put a nice market order 30% of our position @ 0.36 USD (I always like to have skin in the game) Place a limit order for @ 0.28 USD which is a 20% drop from Market Price with 20% of our position - All the most recent bull flags in our bullish continuation pattern have been supported by the 0.236 on the FIB RETRACEMEN taken from the initial thrust of volume on April 11th, 2021 top the most recent top which is 50Cent (how cool is that) ********************I am assuming this pattern is a bullish continuation pattern which is the reason behind this trade************************* (click the link to learn more about the characteristics of a bullish continuation pattern youtu.be ) Last but not least a limit order taking up 40% of your position @ 0.12 USD Then We Play Futures for DOGE, SHORT the price down to the 0.618 (0.12 USD) with 10x leverage using 10% of our position Since the position closes at 12 cents (-62%) , a 10x short leverage means we get 620% gains Stop Loss ratio is at a 1:1.5 ratio (Risk/Reward) but feel free to use your own R/R) 62%/1.5 = 41% stop loss = a 50CENT DOGECOIN (how cool is that) 10% position is liquidated NOW..... THIS PART IS QUITE COMPLICATED but if you plug in your own numbers you might see it more clearly the 40% market position has now gained 41% ( 20% position from the limit order at 28 cents could possibly add another 60% ) WE WILL PRETEND IT DIDNTT HIT - this is a worse case scenario 60% of that profit (the 41%) was forfeited from the SHORT which <<<< leaves 40% left <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< 40% = 16% gain from of initial investment of the market 40% position and is also the worst case scenario besides DOGE to ZERO <<<<<<<<< Because these are special times and life changing moments (BITCOIN BULLRUN coupled with #Wallstreetbets meets TikTok we are able to sit and make trades and take profits for insane gains ALL MY PAPER TRADES WILL HAVE A GOAL TO 200X THE INITIAL INVESTMENT A market buy has a SELL ORDER IN PLACE at $75 DOGE which is a 200x from market price the limit buy at 12 cents would have a sell order at $25 which would be 200x from limit price The 6x that was caught on the way down could be thrown on 12 cents as well that would be making your sell order at 200x a lot sooner than $25 Do the math, plug in some numbers hope you find this useful DISCLAIMER _ NEVER FINANCIAL ADVISE This gives me experience on trading futures markets whether I'm right or Liquidated. Its a very risky probability and because of that I only use 10% of the position of the total amount I want to buy After our short is complete a limit order should trigger at 0.12 USD for a 40% lump sum purchase plus 6x your 10% which is now 50% of your whole position to do what one desires
BINANCE:DOGEUSD.P
by Toro138
1
What's next for Bitcoin?Bitcoin has recently broken its 2017 highs. After a 3-week long consolidation. That said, it simply means all previous supply has been absorbed by demand. Demand > Supply = Higher Price Based on Fibonacci analysis possible next stop for Bitcoin would be around 25k. With little overhead supply, minimal resistance coupled with strong money flow. Interestingly, Google trends shows us that public interest on Bitcoin hasn't return to its 2017 highs. We are still quite far from it. Keep tabs and buy dips. Happy trading!
COINBASE:BTCUSDLong
by miloeverydayyyy