1. Chart Setup
Instrument: DOGEUSDT Perpetual Contract
Timeframe: 4H (each candlestick represents 4 hours)
Current Price: ~0.216 USDT
Trend: Choppy / sideways, after a previous bullish run followed by consolidation.
2. Short Position
On the chart, you see a red (stop loss) and green (take profit) zone, which indicates a short position:
Entry Zone: Around 0.21705 USDT (horizontal blue entry line).
Stop Loss (SL): ~0.23107 USDT (top of the red zone).
If the price moves above this level, the trade is invalidated.
Take Profit (TP): ~0.20173 USDT (bottom of the green zone).
This is where profits will be taken if the trade plays out.
3. Risk-to-Reward Ratio
The red zone (risk) is smaller than the green zone (reward).
Roughly Risk: ~0.014 (6.5%) vs. Reward: ~0.015 (7%) → close to 1:1 R/R ratio.
4. Trading Idea
The trader expects DOGE to drop after rejecting resistance near 0.217–0.218.
The target is a retest of support around 0.2017 (recent swing low).
Stop loss is set just above recent highs to avoid getting trapped in a false breakout.
Instrument: DOGEUSDT Perpetual Contract
Timeframe: 4H (each candlestick represents 4 hours)
Current Price: ~0.216 USDT
Trend: Choppy / sideways, after a previous bullish run followed by consolidation.
2. Short Position
On the chart, you see a red (stop loss) and green (take profit) zone, which indicates a short position:
Entry Zone: Around 0.21705 USDT (horizontal blue entry line).
Stop Loss (SL): ~0.23107 USDT (top of the red zone).
If the price moves above this level, the trade is invalidated.
Take Profit (TP): ~0.20173 USDT (bottom of the green zone).
This is where profits will be taken if the trade plays out.
3. Risk-to-Reward Ratio
The red zone (risk) is smaller than the green zone (reward).
Roughly Risk: ~0.014 (6.5%) vs. Reward: ~0.015 (7%) → close to 1:1 R/R ratio.
4. Trading Idea
The trader expects DOGE to drop after rejecting resistance near 0.217–0.218.
The target is a retest of support around 0.2017 (recent swing low).
Stop loss is set just above recent highs to avoid getting trapped in a false breakout.
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.