EthanTW

DOGEUSDT - After SHIB...Next one is DOGE?

BYBIT:DOGEUSDT   DOGEUSDT SPOT
DOGEUSDT
4H trend chart
-
We know SHIBA has an amazing surge recently.
In the meantime, DOGE is approaching to the end of a long-term triangle.
Also, a uptrend line in this triangle is supporting price.
So, if price can break out the downtrend line and stand firm at $0.2734(Fib_0.5)
our trading strategy as below.
-
Profit Targets:
a) 0.3529----Fib(1)
b) 0.3961~0.4106---Fib(1.272~1.382)
c) 0.4511-----Fib(1.618)

Stop losses:
a) 0.2330-----(Red horizontal ray)
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!


Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading

🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: www.bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.