MMBTtrader

DOGEUSDT Last Support zone breakout and dump or pump again ?

Long
MMBTtrader Updated   
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Before starting lets take look at previous analysis that all target reached:

some News and ... help DOGEUSDT to dump and that was technically expected too.

Now on this area after this huge fall two Scenario is expected :

Bullish Scenario(65%):there are many Strong Support zone ahead and is good time to add some long position here with stop loss for sure and main reason is that blue trendline and previous resistance zone that is now support .

Bearish Scenario(35%) :Market is strongly bearish now and why not after breaking this support and retest breakout more fall is expected too as mentioned on chart with Red path .

DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Trade closed: target reached:
Simple and easy 40% profit in just 8H

Result :

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