tmsarn

DOGEUSD - STILL NOT ENOUGH SUPPORT

Long
tmsarn Updated   
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Yesterday I shared my opinion about the price evolution of Doge. Today I will share you my pending position on Doge as well. Yesterday I told you that there is an opportunity to buy from 0.40$. If you did that, congrats to you, but you can buy from 0.25 ( that means nearly 50% discount from current price). Right now I am planning to play with the hype, but only from fundamental values. BTC is still in a corrective move, the market need to kick out the weak hands. If you want to play safe, you can use my setup in order to have a profitable and low risk reward trade. (Max loss on this trade -9% expected profit +290% - since DOGE is a highly speculative coin I had to increase my SL level to 9-10% in order to survive the correction). See the charts attached below:

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Comment:
There is a sudden rise as a reaction to Elon Musks tweet about working together with the doge devs... The overall market is crashing so it doesn't make sense, more crash to come.
Trade active:
Who let the dogs out wof wof wof!!!
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