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NicoDaCheeko
Jan 29, 2022 8:34 PM

Dogecoin Long Long

Dogecoin / TetherUSBinance

Description

Dogecoin
4 hour chart
Pattern: Descending Triangle

Enter Trade: Now
Price Target: $0.1950 - $0.2150
Stop Loss: $0.1195 - $0.1060

Take Profit Targets:
- $0.1540
- $0.1650
- $0.1830

Comment

Volume has slowed down significantly,
When Volume picks up we might test the support (Which is now the orange line)
Upon a successful support confirmation, I would add to my position.
- or enter the trade if I wasn't already in it.

Trade closed manually

Comments
inactiveaccountdontfollow
I love trading the falling wedge/triangle patter! I’m hesitant to add any crypto right now as I’ve been saying for a while now, I see BTC bouncing of 29/30k
NicoDaCheeko
@luketroutner, I wouldn't be shocked if that did happen, and I see about a 50/50 chance of it. However, I think if BTC can get back above 40k the odds of a 29-30k would be significantly lower (in my opinion). Well see how the stock market plays out before the March rate hikes, I'm guessing crypto will move in whichever direction stocks decide to go.

Im still heavily invested in Crypto right now, for better or worse lol. (hopefully better)
NicoDaCheeko
@luketroutner, hey also if you want me to check out any particular stock or crypto just let me know.
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