deniskov

Doge Buying the Dip

Long
deniskov Updated   
BINANCE:DOGEUSDT   Dogecoin / TetherUS
I'm as sick of $DOGE as the next guy, but a dip is a dip and when we see red? We buy.
I don't see a way where we don't at least retouch $0.585 (perhaps a final bull trap).
Previous dumps, when immediately following a pump, and occuring out of market fear have almost ALWAYS recovered to at least 50% of the correction, so even if this spikes to $0, 50% back up would bring us up to $0.5 for a 20% profit.

Happy trading!
P.S. if you are in $DOGE with money you're not fond of losing, the next few greens are your way out.
Comment:
Take profit #1 reached
Trade closed: target reached:
All three take profits reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.