Hi traders,
As you know, DOGE broke out its downtrend. So I was expecting a re-test which happened actually. However, I missed the opportunity. In my opinion, there could 3 scenarious.
1- Price closes in demand area and go up
2- Price hits the downtrend again and go up
3- Price just falls.
For the firsst and second cases, I am gonna buy DOGE partially. First buy is about the demand area indicated as grey area. The second buy will be on the trend line. My stop level is about 4-5% from the demand area.
To be honest, from the general perspective of market, I am bullish. That is why I believe it will go up. In any case, do not forget to put stop loss.
Stay safe traders.
As you know, DOGE broke out its downtrend. So I was expecting a re-test which happened actually. However, I missed the opportunity. In my opinion, there could 3 scenarious.
1- Price closes in demand area and go up
2- Price hits the downtrend again and go up
3- Price just falls.
For the firsst and second cases, I am gonna buy DOGE partially. First buy is about the demand area indicated as grey area. The second buy will be on the trend line. My stop level is about 4-5% from the demand area.
To be honest, from the general perspective of market, I am bullish. That is why I believe it will go up. In any case, do not forget to put stop loss.
Stay safe traders.
Dagangan ditutup: hentian tercapai
:/Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
