Possible 20%Hi traders,
As you know, DOGE broke out its downtrend. So I was expecting a re-test which happened actually. However, I missed the opportunity. In my opinion, there could 3 scenarious.
1- Price closes in demand area and go up
2- Price hits the downtrend again and go up
3- Price just falls.
For the firsst and second cases, I am gonna buy DOGE partially. First buy is about the demand area indicated as grey area. The second buy will be on the trend line. My stop level is about 4-5% from the demand area.
To be honest, from the general perspective of market, I am bullish. That is why I believe it will go up. In any case, do not forget to put stop loss.
Stay safe traders.
