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Dogecoin / TetherUS
Long
Updated

DOGE quickie

698
Quick trade. IMHO this buy zone should hold and support the price. "TP1" is from the original trade (see related idea), but in this extra new trade I will take profit @"TP" 0.0634. RRR 3.7-6.1 (depends on entry anywhere inside buy zone). Hopefully it will dip one more time...
Trade active
Spiked to buy zone finally, where buyers stepped in aggressively. Good sign.
Trade closed: stop reached
Well, the buy zone didn't held in the end. You can see that there were less and less buyers each time the price dipped into the zone, as it did lower highs. Once no buyers left, DOGE plummeted to a trendline from the other trade (related idea), where it find support.
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Chart PatternscryptodogedogecoindogeusdtsupportTrend Analysis

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Chart PatternscryptodogedogecoindogeusdtsupportTrend Analysis
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Also on:

Related publications

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.