After an extremely frustrating weekend of Doge ups and down, it appears to be heading back down into the trendline channel. My chart shows a channel where the price is trending when the volatility is not triggered by a news event or announcement.
For now I've just closed a small open SHORT position on eToro which I closed after it bounced off the downside of the channel. I've set a small LONG position to open about halfway between the channel and the next support line.
And another SHORT if it falls back into the channel.
Orders:
Short
Entry 0.51
TP 0.460
SL 0.54
Long
Entry 0.55
TP 0.670
SL 0.525
For now I've just closed a small open SHORT position on eToro which I closed after it bounced off the downside of the channel. I've set a small LONG position to open about halfway between the channel and the next support line.
And another SHORT if it falls back into the channel.
Orders:
Short
Entry 0.51
TP 0.460
SL 0.54
Long
Entry 0.55
TP 0.670
SL 0.525
Trade active:
Long position triggered, Open!
Trade active:
Ha! This should be interesting... Short position triggered, Open!
It's just hovering there between the two points.
It's just hovering there between the two points.
Trade closed: target reached:
AEDT 11/5/21 04.58am
Short position target reached TP 0.460 Gain 10%
Short position target reached TP 0.460 Gain 10%
Trade closed: stop reached:
Short position target reached SL 0.540 Loss 5%
Related Ideas
Dogecoin trend
Off_The_Hook
about DOGE
:)
I also opened a new Long after stop reached
Long
Entry 0.4594
TP 0.69
SL 0.34