Hello Community!
Let's take a look at DOGE on the Daily TF. I went ahead and mapped the most important S/R zones on my chart, shown by the horizontal lines. Right now it looks like it's in indecision. You can consider opening a long position at the white or red support lines shown or wait until the top greenish line is touched and open a short. Make sure either option you choose you calculate your risk/reward. The Crypto Market follows BTC movements so at the end of the day it comes down to what project you have faith in the most. The reality is some coins will have stronger movements ( Bullish or Bearish ) based on how BTC moves.
Don't trade with what you're not willing to lose.
Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated!
This is not financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
Let's take a look at DOGE on the Daily TF. I went ahead and mapped the most important S/R zones on my chart, shown by the horizontal lines. Right now it looks like it's in indecision. You can consider opening a long position at the white or red support lines shown or wait until the top greenish line is touched and open a short. Make sure either option you choose you calculate your risk/reward. The Crypto Market follows BTC movements so at the end of the day it comes down to what project you have faith in the most. The reality is some coins will have stronger movements ( Bullish or Bearish ) based on how BTC moves.
Don't trade with what you're not willing to lose.
Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated!
This is not financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins