$DOGE — LONG
Entry 0.0965 – 0.0982
SL 0.0958
TP1 0.1013
TP2 0.1026
The price broke through and then bounced back exactly at the touch zone twice in the day.
$DOGE fell 1.9% in 24 hours, stronger than the drop of BTC (0.6%) and ETH (1.3%). The most recent daily candle reversed right at the support zone 0.0975—this zone was touched twice on the 1-2 hour timeframe.
The 4h, 2h, and 1h are all currently above the EMA20/50, and the bounce candle volume is 2.4 times the average of the last 20 sessions. I’m waiting for a pullback to the new entry zone; if it drops below 0.0958, I will cancel the order.
Personal observation only, not investment advice
#DOGE #Dogecoin #Altcoin #CryptoTrading
Entry 0.0965 – 0.0982
SL 0.0958
TP1 0.1013
TP2 0.1026
The price broke through and then bounced back exactly at the touch zone twice in the day.
$DOGE fell 1.9% in 24 hours, stronger than the drop of BTC (0.6%) and ETH (1.3%). The most recent daily candle reversed right at the support zone 0.0975—this zone was touched twice on the 1-2 hour timeframe.
The 4h, 2h, and 1h are all currently above the EMA20/50, and the bounce candle volume is 2.4 times the average of the last 20 sessions. I’m waiting for a pullback to the new entry zone; if it drops below 0.0958, I will cancel the order.
Personal observation only, not investment advice
#DOGE #Dogecoin #Altcoin #CryptoTrading
