IDEA #3 - DOGE/USDT - BULLISH FORECAST
Ranked amongst the top 10 coins by market cap and an extremely well known name in the defi space, DOGE appears to have reached a discount zone. We have just experienced one of the biggest if not the biggest liquidation events in the crypto market and I am expecting some movement to the upside.
As you can see, I would consider this long position invalidated or stopped out if we close below the recent wick low created by said liquidation event ($0.2015). Targeting $0.6 but will secure 25-40% of the position at the first green line marked. In the unlikely event price doesn't tap into the trim zone or invalidates the forecast by May end, I will close the trade.
Please do your own research, especially in this market. Good luck!
As you can see, I would consider this long position invalidated or stopped out if we close below the recent wick low created by said liquidation event ($0.2015). Targeting $0.6 but will secure 25-40% of the position at the first green line marked. In the unlikely event price doesn't tap into the trim zone or invalidates the forecast by May end, I will close the trade.
Please do your own research, especially in this market. Good luck!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.