Hello traders,
I have come with a trade regarding DOGEUSDT long due to several reasons
1) doge has been bouncing off strong support for the last week or two
2) doge has been on a down trade for almost a month
3) It has recently broken a down trend line
How to enter
Currently there has not been a higher higher however there has been a higher low
I would suggest dollar cost averaging in over the next couple of days
Exiting
STOP LOSS: strong support is around $.30 so have a stop loss below that level
Profit: I'm looking for around a 10-20% increase and will start levelaing out of the trade after a 10% gain
Thank you,
william
I have come with a trade regarding DOGEUSDT long due to several reasons
1) doge has been bouncing off strong support for the last week or two
2) doge has been on a down trade for almost a month
3) It has recently broken a down trend line
How to enter
Currently there has not been a higher higher however there has been a higher low
I would suggest dollar cost averaging in over the next couple of days
Exiting
STOP LOSS: strong support is around $.30 so have a stop loss below that level
Profit: I'm looking for around a 10-20% increase and will start levelaing out of the trade after a 10% gain
Thank you,
william