DOGEUST.P trade ideas
[Crypto] DOGEUSDT Inside Bar TradeIf any movement comes, it will come on high break. Right? Stop Loss is the low of the inside bar. Which is bankruptcy.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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Descending Channel Unfortunately Doge had suffered a strong loss just like the Other big Cryptos right after News with China banning all Cryptocurrency.
This has happened previously in 2013, 2017
Its not the first time China has done this.
This is what they do to manipulate the Price.
The price is likely to Drop to the lower support line around 0.22s
DOGECOIN - INTRADAY LIVEDOGECOIN broken the symmetrical triangle on 15mins timeframe. Can short it now.
DOGECOIN NEXT MOVEMENT In this above analysis, I show both scenarios may be happening in the future. Take a position as your own calculation if anyone happen. Now wait for the good opportunity
HAPPY TRADING
DOGEUSDT what's next?As we can see on May 13, DOGEUSDT dropped to the support level of $ 0.37 and bounced off it. Then the price went up to $ 0.56 and now the price is falling again. If the price drops to $ 0.37 again and breaks the support level, it will probably drop to $ 0.2. If the price bounces off the support level, growth to $ 0.56 is possible.
If you like the idea, subscribe and like it.
Good luck and big profits.
Long Doge coin : Elliot 4 th to 5th wave travel ignited...Elliot wave and Fibonnoci analysis predicts the next target for dogecoin be 0.93 with a risk reward ratio of 1:3 ,with a waiting period of maximum 96 days from now as long as the SL is not trigered.
WARNING : kindly stick on with proper money management before entering any trade with a golden rule of risking less than 5 % of the total capital in every single trade.
💡Don't miss the great buy opportunity in DOGEUSD @dogecoin
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.45883).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 49.
Take Profits:
TP1= @ 0.5310
TP2= @ 0.5991
TP3= @ 0.6499
TP4= @ 0.6990
TP5= @ 0.7412
SL= Break below S2
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Doge looks good to pump I think it will reach of $0.6I may not be a proffisional analyser but I hope it will go up
Long in dogecoinDogecoin is in the channel can go long now, with a target upto the upper trendline of the channel.
Doge at crucial fib levels!!!!!Doge might consolidate for a few days and then shoot up to golden ratio
Doge towards 0.4 usdtDoge coin had made a clear double top pattern and is experiencing fall so it's good if we go and buy near 0.4 if the coin show some stability there.
Doge/usdt binance Doge coin forming like a rising wedge..we can see some pullback if looses supports and MAs..!!
