Stewdamus' Chart Analysis & Trade Alerts

Share this post

TRADE ALERT

www.stewdam.us

TRADE ALERT

#DOGE #DOGECOIN #TWTR #twitter

stewdamus
Oct 28, 2022
1
Share this post

TRADE ALERT

www.stewdam.us

Traders,

Expecting a crypto market pullback this weekend. And doge is too hot. RSI on daily is at 85. On the hourly, it has reached a price level of resistance. And Twitter should pull back soon to fill a gap. Doge follows Twitter. Of course, when a crypto is hot, it’s often very hard to know when the top will be in. I’m obviously betting it won’t go much further with my short play here, but this is a VERY risky trade. Don’t follow me if you are not highly risk-tolerant. I have found much safer setups than this. That being said, I will play this one down to the 200-day ma if I can.

Twitter shows a gap that needs to be filled by price.



Position = DOGE Short

Entry = 0.08534

Stop Loss = 0.09

Final Target = 0.078

Risk/Reward = 3.5/1

Leverage = 5x




Share this post

TRADE ALERT

www.stewdam.us
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 stewdamus
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing