Doge trend line forming despite volatility

After an extremely frustrating weekend of Doge ups and down, it appears to be heading back down into the trendline channel. My chart shows a channel where the price is trending when the volatility is not triggered by a news event or announcement.

For now I've just closed a small open SHORT position on eToro which I closed after it bounced off the downside of the channel. I've set a small LONG position to open about halfway between the channel and the next support line.

And another SHORT if it falls back into the channel.

Orders:

Short
Entry 0.51
TP 0.460
SL 0.54

Long
Entry 0.55
TP 0.670
SL 0.525

Handel aktiv:

Long position triggered, Open!

Handel aktiv:

Ha! This should be interesting... Short position triggered, Open!
It's just hovering there between the two points.

Trade stängt: målet nått:

AEDT 11/5/21 04.58am
Short position target reached TP 0.460 Gain 10%

Trade stängt: Stopp nått:

Short position target reached SL 0.540 Loss 5%

Kommentera:

Net Profit 5%
:)

I also opened a new Long after stop reached

Long
Entry 0.4594
TP 0.69
SL 0.34