junoooo

DOGE - Mid/Longterm - Pretty Save

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junoooo Uppdaterad   
BITTREX:DOGEBTC   Dogecoin / Bitcoin
Hey guys ...

Normally u cant say "pretty save" in cryptoworld. Never seen something so volatile.
But ... with good riskmanagment u can make trades nearly riskless ... and here we got one of these.

As u can see, we got a massive Support area around 0.0000040 BTC. There is also our 78% Fib retracement level what makes it even stronger.
We can buy there, and choose a near stoploss ... like 36 for example.

So we can lower our risk.... it depends on where we buy ... to 10-20% (my opinion: we will see 42. There i want to get in the trade)


We had a massive drop since January, like almost every alt.
Now it seems that there could be a nice cup formed within the last few month. That would mean we could see 80 or even 100+.

So we have a chance/risk ratio of 5+.

Riskless? no. But ... a trade i dont want to miss.


Happy trading!


!! Mention: That is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
Handel aktiv:
Buytarget reached ... let's see where we how far we go.
sky is the limit :P
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