What price to take profits? DOGE COIN & Price action (ĐOGECOIN)
Perhaps the dollar is in accumulation from the last month. We have four times Doge test the trend line and proves to be a very strong support line.
We can see price react very strongly to take profit at 0.382. But in my opinion on this 3rd test it will fail and head towards the target of the 0.5 zone. Be careful at 0.618 zone, this strongest resistance, we should be take profit 50% if the price reacts strongly in this area.
Entry: < 0.06$
Stoploss: 0.0535$
Take profits: 0.0696$ and 0.0762$ and 0.0855$ and more..
We can see price react very strongly to take profit at 0.382. But in my opinion on this 3rd test it will fail and head towards the target of the 0.5 zone. Be careful at 0.618 zone, this strongest resistance, we should be take profit 50% if the price reacts strongly in this area.
Entry: < 0.06$
Stoploss: 0.0535$
Take profits: 0.0696$ and 0.0762$ and 0.0855$ and more..