jaesik87

To the moon, consolidation or dump?

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BINANCE:DOGEUSDT   Dogecoin / TetherUS
A risky long for the breakout of the consolidation triangle but the volume seems to still be there for some potential growth at least while BTC bounces from 55-58k. IMO the best line of action is for a tight trailing stop of the 10EMA on the 15m timeframe.
Risks:
1. Highly priced
2. Buy volume may potentially decrease
3. A violent dump may occur at any levels.

But
1. The trend is your friend
2. What goes up will go higher.

Buy at your own risk.
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