The support zone is the 0.618 - 0.786 Fib. retracement levels marked blue and purple on the chart. We can clearly see two hammers (candlestick patterns), last week and this week. We can see the higher lows but also the broader rising channel structure. We can also see the even bigger structure coming from the low in 2024. In short, a long-term bullish cycle unfolding right in front of our eyes... Dogecoin is going up.
I am approaching this pair for my people with high leverage. High leverage means high risk. At the same time, we also have a very high potential for reward. The last target goes beyond 3,000%.
You don't have to go for all the targets nor all the lev. You can use lower leverage for less risk, more stability and peace of mind. You can do 2-3X and this would be a safe trade setup. You can do 4-5X for mild risk but still a strong potential for reward. And finally, you can do 6-8X as an expert knowing that you can get liquidated in a flash. All money can be gone. But, if my timing is right, you can end up with a position so strong that regardless of what happens after the breakout, sell early or late, you will be happy with the results.
It is always tricky, but we continue to learn and improve. Here we can see what is possible. Knowing what is possible, planning, preparing and taking action in the right way, we can achieve our goals and quit our day-job.
Trading is no different to any other profession/work, it takes time, practice, patience and dedication. The only difference is that here when you get it right you are rewarded for the long haul. Once you learn how to trade, that is, learn to play the market at its own rhythm, you can collect as much money as you want. It is true, but it takes years of hard work.
Here we have Dogecoin again. Will it grow? Will it crash?
Time will tell, but my money is on prices going up.
My money, my rep, my trust.
Let's see... Let's wait and see.
Not all trades are meant to be won.
If you follow capital allocation and a good strategy, you are able to take in the losses that are inevitable and still win big at the end of the game.
Remember, it is not about winning the all; it is about winning big, it is about winning over and over; it is about creating the habit of winning and this habit will make all the time and effort we invest in this venture worth it. It is not about being right, it is about getting paid.
With the right mindset and a little bit of patience... We can do this!
Namaste.
I am approaching this pair for my people with high leverage. High leverage means high risk. At the same time, we also have a very high potential for reward. The last target goes beyond 3,000%.
You don't have to go for all the targets nor all the lev. You can use lower leverage for less risk, more stability and peace of mind. You can do 2-3X and this would be a safe trade setup. You can do 4-5X for mild risk but still a strong potential for reward. And finally, you can do 6-8X as an expert knowing that you can get liquidated in a flash. All money can be gone. But, if my timing is right, you can end up with a position so strong that regardless of what happens after the breakout, sell early or late, you will be happy with the results.
It is always tricky, but we continue to learn and improve. Here we can see what is possible. Knowing what is possible, planning, preparing and taking action in the right way, we can achieve our goals and quit our day-job.
Trading is no different to any other profession/work, it takes time, practice, patience and dedication. The only difference is that here when you get it right you are rewarded for the long haul. Once you learn how to trade, that is, learn to play the market at its own rhythm, you can collect as much money as you want. It is true, but it takes years of hard work.
Here we have Dogecoin again. Will it grow? Will it crash?
Time will tell, but my money is on prices going up.
My money, my rep, my trust.
Let's see... Let's wait and see.
Not all trades are meant to be won.
If you follow capital allocation and a good strategy, you are able to take in the losses that are inevitable and still win big at the end of the game.
Remember, it is not about winning the all; it is about winning big, it is about winning over and over; it is about creating the habit of winning and this habit will make all the time and effort we invest in this venture worth it. It is not about being right, it is about getting paid.
With the right mindset and a little bit of patience... We can do this!
Namaste.
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ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 TOP FREE Trades
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.