Will we take a chance again with a shitcoin?

Dogecoin is showing strong support at the 61.8% Fibonacci level, a good level to buy in an uptrend.

To make this entry we would have to place a stop loss very tight to the current price, I would put it at $ 0.35, but this would represent a potential loss of 18% of the price, a number more than high for any account.

This is the problem of cryptocurrencies, we have a highly speculative market with a very high percentage variation in price which can destroy a small or medium account in a matter of hours.

Risk management must be more than studied and adjusted to each person, so that it can make sense to take such a risk.

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