Dogecoin Long Trade Idea/Setup
Updated
A Long trade opportunity for Dogecoin, that I will be taking.
I would enter a long position once:
- An Hour candle closes above 0.2795 / 0.28, - And when the EMA Ribbon Flips green.
I would set a stop loss between 0.2675 and 0.263 (depending on your risk tolerance).
The maximum upside: 35% without leverage
The Maximum Downside: 4-6% without leverage
I would take profit at the zones indicated on the chart
Zone 1: 0.3055 to 0.309
Zone 2: 0.33 to 0.335
Zone 3: 0.3535 to 0.3575
Zone 4: 0.373 to 0.378
If you agree with this trade idea please leave a comment and a like.
I would enter a long position once:
- An Hour candle closes above 0.2795 / 0.28, - And when the EMA Ribbon Flips green.
I would set a stop loss between 0.2675 and 0.263 (depending on your risk tolerance).
The maximum upside: 35% without leverage
The Maximum Downside: 4-6% without leverage
I would take profit at the zones indicated on the chart
Zone 1: 0.3055 to 0.309
Zone 2: 0.33 to 0.335
Zone 3: 0.3535 to 0.3575
Zone 4: 0.373 to 0.378
If you agree with this trade idea please leave a comment and a like.
Comment
Still waiting for the Long Entry to trigger.Currently trading sideways between Support and Resistance.
Will enter long once an hour candle closes above 0.2795 / 0.28
Message me if you have any requests regarding a particular stock or crypto. I''d be happy to share my thoughts / analysis.
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