Hello everyone i wanted to share my opinion on a trade i just took on DOGEUSDT but would like to illustrate the DOGEBTC pair for clarity as the DOGEUSDT chart is very sloppy and the DOGEBTC chart is very clean,
I entered a long on DOGEUSDT earlier today at $0.192 using cross leverage at 75x "I do not recommend using this high of leverage"
As seen on the weekly chart above i am using the MACD indicator which is currently primed for the new weekly open to cross bullish.
My trading plan for this trade is to take profit at a few different levels those levels are
1st target - $0.24
2nd target $0.28 - $0.30
3rd target $0.34 - $0.36
4th and finally target - $0.48 - $0.50
I will be closing 20% of my trade each time i hit my targets to allow for best risk management.
Thanks, LiquidMEX
I entered a long on DOGEUSDT earlier today at $0.192 using cross leverage at 75x "I do not recommend using this high of leverage"
As seen on the weekly chart above i am using the MACD indicator which is currently primed for the new weekly open to cross bullish.
My trading plan for this trade is to take profit at a few different levels those levels are
1st target - $0.24
2nd target $0.28 - $0.30
3rd target $0.34 - $0.36
4th and finally target - $0.48 - $0.50
I will be closing 20% of my trade each time i hit my targets to allow for best risk management.
Thanks, LiquidMEX