Maintained short here.Considering velocity and overall market sentiment, a retest of previous lows is very realistic. Looking to take bulk profits between 0.06-0.08.
After a classic double top formed after rallying 300% from daddy Elon's announcement to accept doge as currency on Twitter, a return to normal is more than likely. Trade with caution however as another 300% is not entirely out of the question: you don't want to be on the liquidation end of this thing if it decides to skyrocket some more.
After a classic double top formed after rallying 300% from daddy Elon's announcement to accept doge as currency on Twitter, a return to normal is more than likely. Trade with caution however as another 300% is not entirely out of the question: you don't want to be on the liquidation end of this thing if it decides to skyrocket some more.
Note
Note
first target hit at 0.08. 0.06 up next
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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.