BITTREX:DOGEBTC   Dogecoin / Bitcoin
Doge has made a cup. A strong bullish signal.
Buy here or a possible handle pull back to 41

Target the fibs to take profit at 80 and 100
Komen: Like this trade?
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Komen: First Target hit
I feel like that's too long and rough of a bowl.
Balas
@carello, It's definitely not too long. The ideal cup is formed over at least 3 month period. The right side of the bowl is not a smooth angle, but it doesn't have to be the exact shape of a cup t. What is most important about this shape is the long sturdy base Which we have here. The aggressive right side of the cup with good volume is good.
+1 Balas
carello TheChasm
@TheChasm, when you take profit, how do you decide how much to take at each expected point?
Balas
@carello, Honestly It's whatever I feel... But I always spread out my profit taking over the course of at least 2+ orders. Fib retracements and extensions are good levels to take profit. If I think there is good potential long term ill set most of my profit taking higher... if I am not as confident more shorter term and lower levels.
Balas
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