Hi Guys !
On the technical side, we have a pattern which is showing some loss of momentum on the 4H timeframe so we can anticipate a continuation to the upside. Based on that keep your eyes on 15 - 1h timeframe for your buy setups before entering the market without having this setups don't get in. Don't chase the running candles.
There is the move with +150% to be made (if this dogecoin chart follows the script) and the trade has a nice protentional reward.
Any strong break to the downside will invalidate the setup.
Day trading dogecoin can give a nice profit. We have a dogecoin discussion yesterday on a live stream. If you want watch the recordings.
The Risk:
As trader, it is your job to mitigate the risk and only trade structures that provide high probability and great reward to risk ratios.
For analysing the chart and predicting the upcoming wave I use upgraded version of Wave Analysis. This strategy is easy to understand and it is totally without fundamentals ( It doesn't matter if Elon Musk buy dogecoin or if Elon Musk tweets about dogecoin) . However if you don't over risk and follow the plan than there is noting to lose in this crypto trading.
Trade with care !
On the technical side, we have a pattern which is showing some loss of momentum on the 4H timeframe so we can anticipate a continuation to the upside. Based on that keep your eyes on 15 - 1h timeframe for your buy setups before entering the market without having this setups don't get in. Don't chase the running candles.
There is the move with +150% to be made (if this dogecoin chart follows the script) and the trade has a nice protentional reward.
Any strong break to the downside will invalidate the setup.
Day trading dogecoin can give a nice profit. We have a dogecoin discussion yesterday on a live stream. If you want watch the recordings.
The Risk:
As trader, it is your job to mitigate the risk and only trade structures that provide high probability and great reward to risk ratios.
For analysing the chart and predicting the upcoming wave I use upgraded version of Wave Analysis. This strategy is easy to understand and it is totally without fundamentals ( It doesn't matter if Elon Musk buy dogecoin or if Elon Musk tweets about dogecoin) . However if you don't over risk and follow the plan than there is noting to lose in this crypto trading.
Trade with care !
Nota
Don't buy it. It is not readyNota
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
