Hello, dear traders,
In Dogecoin, we can engage in both short and long trades.
The red base, indicated by a price of approximately 0.0775, can be a suitable entry point for a short trade.
Similarly, the green base, representing a price range of 0.0740, is considered appropriate for entering a long trade.
The placement of the stop-loss should be based on your trading style and can be positioned behind the pivots. As for the take-profit, it should be determined according to the specified pattern.
Please make sure to pay attention to the conditional statement on the chart.
Wherever you are, I wish you happiness, good health, and profitable trading.
In Dogecoin, we can engage in both short and long trades.
The red base, indicated by a price of approximately 0.0775, can be a suitable entry point for a short trade.
Similarly, the green base, representing a price range of 0.0740, is considered appropriate for entering a long trade.
The placement of the stop-loss should be based on your trading style and can be positioned behind the pivots. As for the take-profit, it should be determined according to the specified pattern.
Please make sure to pay attention to the conditional statement on the chart.
Wherever you are, I wish you happiness, good health, and profitable trading.
Trade active
As stated in the specified conditions on the chart, the price has reached the green support base and rebounded towards the red resistance base. A short position has been activated and is currently in profit.👍👍👌👌✔✔Trade closed: target reached
full target 😎😎😎😎😎😎😎😎😎
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.