Doge coin has huge potential - low risk if short term SL set at 35
Refer to chart below for detailed analysis by clicking on it
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I will point out that moving average does not look good at this stage and if anything it looks extremely bearish. This is a part from positive MACD and RSI
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If you want to play it safe, have Safe SL at 37 - everyone else can do 35 SL
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Reason we are looking at this trade even with bearish moving average is because indicators do not correctly represent or predict crypto currencies path. They are more of a stock market feature. I am not saying that indicators do not work, but in 40% - 60% of trades they are unnecessary due to false information
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Who believes in Doge?
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If you guys listened to us, we made you over 60% pure profit on this call
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