Might be one of the biggest short opportunities since back in the day. Barry Silbert is playing DOGE the way he did BTC in 2018.
Trade aktif
Scaling in, SL 0.23
Catatan
Starting scaling into position 1 as price already looks really weak, no guarantee it will go higher.
Catatan
Btw this is not the same pattern on the daily that was formed in April. This time its below the MA which increases my confidence that its a top, not a bottom.
Catatan
Short 1 (long term) locked in. Avg: 0.1880, SL 0.23, Liq 0.29. Might be a pump to 0.20 tomorrow or day after. Doesnt matter, as price is looking primed to move lower after.
Catatan
Short 1 so far very comfy. Already 4%+ since entry. The upcoming week will be a good time to look for second entry. One low leverage long term position and one high leverage short term position. Targeting 0.09 - 0.07. Will set up ladder close in this range for both positions.
Catatan
Position 1 is currently +10% from entry. The market is so heavy.
Trade aktif
Im out of here, my TP is 0.07. Will keep the trade running.
Catatan
Never got to get to short position 2. Might be an opportunity though if it keeps "consolidating". Position 1 is in big profit.
Catatan
DOGEbtc has broken the 99DMA and the short position was closed at stop loss in profit. Bias flipped bullish now until invalidated.
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