Another 30% Drop for DOGS?

Updated
There's not much data to say that the channel is formed yet, but if I wanted to put my money right now, It would've been on a short position.

Pay attention that the timeframe is pretty short term too.

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I'm new to trading and this is not an investment advice!
I also must note that I am Almost ALWAYS Wrong!
Trade closed: stop reached
Channel breakout happened too soon! Maybe DOGS will recover to 0.013 USD soon!
Parallel Channel

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