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you all can buy $DOGS now. Because i creat a order for sell/shorts in $DOGS
you know what do I mean 😂😂
you know what do I mean 😂😂
Want to do Future Tread ❓
Futures trading can be risky, but there are strategies to minimize losses:
1. Risk Management is Key
* Stop-Loss Orders: These automatically exit your position when the price reaches a certain level, limiting potential losses.
* Position Sizing: Determine the appropriate amount to invest in each trade based on your risk tolerance and account size. Avoid risking a large percentage of your capital on a single trade.
* Diversification: Don't put all your eggs in one basket. Spread your investme
1. Risk Management is Key
* Stop-Loss Orders: These automatically exit your position when the price reaches a certain level, limiting potential losses.
* Position Sizing: Determine the appropriate amount to invest in each trade based on your risk tolerance and account size. Avoid risking a large percentage of your capital on a single trade.
* Diversification: Don't put all your eggs in one basket. Spread your investme
Technical Analysis of $DOGS Chart
Let's analyze the chart to predict the next move in the next 6 hours:
Key Observations:
* Downward Trend: The overall trend of the chart is bearish. The price has been consistently declining over the past few days.
* Support and Resistance: The price seems to be finding support around the 0.0006700 level. There is a strong resistance level at 0.0007000.
* RSI (Relative Strength Index): The RSI is currently below 50, indicating that the asset is oversold. This suggests a potential short-term reversal to the upside.
* MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, which is a bearish signal. However, the MACD histogram is starting to show signs of bullish divergence, which could indicate a potential upward move.
Possible Scenario:
Given the current technical indicators and price action, it is possible that the price of DOGSUSDT could make a short-term move upwards in the next 6 hours. However, the overall bearish trend is still in place, and a sustained upward move is unlikely unless there is a significant change in market sentiment or a bullish catalyst.
Potential Trade Strategies:
* Short-Term Traders: If you're a short-term trader, you could consider buying near the 0.0006700 support level with a stop-loss below the recent low and a target near the 0.0007000 resistance level.
* Long-Term Traders: If you're a long-term trader, it's advisable to wait for a clearer bullish signal or a break above the 0.0007000 resistance level before considering a long position.
Remember: Crypto markets are highly volatile, and prices can change rapidly. Always use stop-loss orders to manage your risk.
Let's analyze the chart to predict the next move in the next 6 hours:
Key Observations:
* Downward Trend: The overall trend of the chart is bearish. The price has been consistently declining over the past few days.
* Support and Resistance: The price seems to be finding support around the 0.0006700 level. There is a strong resistance level at 0.0007000.
* RSI (Relative Strength Index): The RSI is currently below 50, indicating that the asset is oversold. This suggests a potential short-term reversal to the upside.
* MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, which is a bearish signal. However, the MACD histogram is starting to show signs of bullish divergence, which could indicate a potential upward move.
Possible Scenario:
Given the current technical indicators and price action, it is possible that the price of DOGSUSDT could make a short-term move upwards in the next 6 hours. However, the overall bearish trend is still in place, and a sustained upward move is unlikely unless there is a significant change in market sentiment or a bullish catalyst.
Potential Trade Strategies:
* Short-Term Traders: If you're a short-term trader, you could consider buying near the 0.0006700 support level with a stop-loss below the recent low and a target near the 0.0007000 resistance level.
* Long-Term Traders: If you're a long-term trader, it's advisable to wait for a clearer bullish signal or a break above the 0.0007000 resistance level before considering a long position.
Remember: Crypto markets are highly volatile, and prices can change rapidly. Always use stop-loss orders to manage your risk.
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#Dogs coin will become a bull very quickly
wait and see
wait and see