DOGE / US Dollar Perpetual Quanto Swap ContractBitMEX
Description
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Playing a trend continuation trade here, with DOGE forming a bullish ascending triangle. Looking like it's going to break the previous resistance highs at around 0.10. Many other alt coins already broke up today from a similar pattern, so this looks primed to pop. When DOGE runs it can really run in a bull run. So worth being in for this one.
Buying on breakout of the resistance. Stops below last major swing low at 0.944.
I will sell 50% at 1:1 RR to make this a no risk trade. Also will be trailing stops as BTC is riding high as a major shock retracement from the big fella over there could quickly spoil this party.
Trade active
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Breakout confirmed, stop limit buy orders triggered on breakout. Big green candle up 6% in one 15 minute candle!
Comment
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Sold 50% at 1:1 RR, to make this now a risk free trade :)
Trade closed: target reached
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Boom! Target of 18% reached within 1 hour! That Dogee can really run!