Hello Traders,
We see here DOGE coin on the 2 hour chart. DOGE has broken out on high volume from a triangle and the following targets are now in view.
Target 1 0.73
Target 2 0.79
Target 3 0.86
---> Wait for a confirmaton back to the upper trend trendline of the triangle!
The breakout just happened on high volume so continuation seems logical. According to the measurement of the triangle we come out at 0.86 as a target.
Always place stops and use the 1% rule of money management. Do not risk more than 1% on each trade. This way you will be able to continue trading next year as well!
Scaling out to secure profits is another good method to consider. Less profit but also less risk!
This is my personal view and not investment advice. Always do your own research before trading and apply stops and money management.
Happy trading!
We see here DOGE coin on the 2 hour chart. DOGE has broken out on high volume from a triangle and the following targets are now in view.
Target 1 0.73
Target 2 0.79
Target 3 0.86
---> Wait for a confirmaton back to the upper trend trendline of the triangle!
The breakout just happened on high volume so continuation seems logical. According to the measurement of the triangle we come out at 0.86 as a target.
Always place stops and use the 1% rule of money management. Do not risk more than 1% on each trade. This way you will be able to continue trading next year as well!
Scaling out to secure profits is another good method to consider. Less profit but also less risk!
This is my personal view and not investment advice. Always do your own research before trading and apply stops and money management.
Happy trading!
Dagangan aktif
Looking very bullish hereNota
But we first RE-TESTED the triangle! Nota
Wish you a good flight!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.