bizmark

DOGE quickie

Long
bizmark Updated   
BINANCE:DOGEUSDT   Dogecoin / TetherUS
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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