BINANCE:DOGEUSDT   Dogecoin / TetherUS
Elon's Shill Coin, DOGE, does not look like it will dissappear so we should accept it and embrace it. It broke very strong weekly resistance line but I believe we still didn't see any re-test.

Scenario 1:

If it decides going up without the re-test we can wait to weekly close above resistance to take some actions. After buying, we shouldn't forget to put some stop-loss order, in order to protect our investments.

Scenario 2:

I believe this scenario looks more possible since the market still looks bearish. If it goes to re-test the trendline, we can get some doge with stop-loss just under the support.

This is my trial. Not a financial advice.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.