Dogecoin
Long
Zaktualizowano

Time to speculate with DOGE

1 289
I'm not going to surprise anyone by saying that DOGEUSD is a highly speculative asset with little to no fundamental backing. However, from a technical standpoint, it’s offering a very interesting opportunity.

A few years ago, DOGE formed a double bottom pattern that, after a long struggle, finally reached its target, delivering spectacular returns. Right now, the price is trading around the breakout level of that same pattern and is also sitting right on the red trendline support.

This setup presents a chance to buy in a zone with strong rebound potential, a tight stop loss, and a risk‑to‑reward ratio that could easily be 10 to 1.

Taking on that risk seems worthwhile given DOGE’s massive upside potential, especially with memecoin season likely around the corner, as Bitcoin’s post‑halving rally looks set to wind down later this summer.

Zlecenie aktywne
Here we go! This is an exciting moment for DOGE, it’s time to see if we soar or plummet ;)

Read the comment to understand the "risk free" idea on DOGE.

Enjoy!
Transakcja zamknięta: osiągnięto wyznaczony cel
Even though DOGE can be a great asset in the altcoin season, I sold at previous high doing +52% profit in few days. Now is time to look for further opportunities.

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.