BINANCE:DOGEUSDT.P   Dogecoin / TetherUS PERPETUAL CONTRACT
An updated idea of the previous doge analyses on 1 hour chart.

In the 15 min chart we have to options comming upp.

A. We stay above the trendline forming a green cloud and lagging span is over price. Showing a short term bullish action. This is supporting my previus analyses.
If this happens i will put long position. Takeprofit = laggingspan hits green candle. Stop-loss = beyond trendline.

B. If Bitcoin stays drops down further i expect Doge to test the lower trendline again. If the trendline holds i will put long position.Takeprofit = laggingspan hits green candle. Stop-loss = beyond trendline.


Major whaleshopping at these lower Bitcoin levels. Personaly i dont belive Bitcoin will go lower than 32k. This is big stockup zone for wales. They wont allow to lose money.

Its bloddy sunday and big G9 FUD also. I expect bullish momentum on monday.

Please comment my analyses. I am pretty new at futurestrading.
Comment:
I did not take this trade. I need to start trust myself.
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.