Heres a couple of ideas for a trade on DOGE
1. Potential formation of a bullish pennant from the recent rally. Been recently trying to understand and work on my risk:reward ratio when it comes to trade, by sitting at the bottom of the pennant (potential support) I can minimize my risk. You might like to wait for confirmation of this support before entry, like a green hammer formation. note: 15minute chart, so things could move quickly.
2. Retest the macro reistance as support, would have a heavier weighted amount here compared to above. Again, might want to see what candles are formed here first before entry. But could be a good entry for a tare down from bitcoins recent rally.
1. Potential formation of a bullish pennant from the recent rally. Been recently trying to understand and work on my risk:reward ratio when it comes to trade, by sitting at the bottom of the pennant (potential support) I can minimize my risk. You might like to wait for confirmation of this support before entry, like a green hammer formation. note: 15minute chart, so things could move quickly.
2. Retest the macro reistance as support, would have a heavier weighted amount here compared to above. Again, might want to see what candles are formed here first before entry. But could be a good entry for a tare down from bitcoins recent rally.
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.