Hi friend, hope you are well and welcome to the new update on Dogecoin. On the daily chart, the price action of Dogecoin with Bitcoin pair has completed a Gartley pattern and entered the potential reversal zone. There is a complete opened alligator's mouth formation by the simple moving averages below the buying zone.
Possible profit and loss ratio: This trade has a huge profit possibility up to 201%, and the loss possibility is only 35.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.