DOGECOIN Technical Analysis for Steem Community- DOGEUSD - 84%-625% Profit Expected
Huge Trade Coming For Dogecoin ... 6x - 7x Gains Expected.
Based on AB=CD pattern, Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
For Bigger Time-Frame
Target Profit Range - 0.0033 - 0.0087
(84%-625% Profit Expected)
TP - 1 - 0.0033
TP - 2 - 0.0041
TP - 3 - 0.0050
TP - 4 - 0.0060
TP - 5 - 0.0070
TP - 6 - 0.0087
Buying Zone! Long Position
Early Entry Trigger Point - 0.0015 - 0.0018
Ideal Entry Trigger Point - 0.0010 - 0.0012
***If you want to get in this trade from this point 0.00265 you can still make 25% profit till TP1 is reached. There is a very high probability that price may continue to move upwards before it moves downwards towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Short-term Trade- 1hr- chart
I see a possible move going upwards and may hit 0.0030 or it can even touch 0.0033 mark that's why I have mentioned the points in a chart for a short-term long position too. As it's a short term risky trade, it is highly recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to upvote, comment & follow, If you agree with my analysis :)