Technical analysis by andre_007 about Symbol POLYDOGE: Buy recommendation (4/26/2023)

First of all, I think it's important to point out that I don't invest in meme-coins and I don't see any value in it.This is just an analysis with a more humorous and entertaining content, which I did in my free coffee time. I would never put my life savings in such a place...Asterisks aside, let's get to the analysis.A brief introductionPolyDoge is a memecoin token contained on the Polygon blockchain. It offers an ecosystem of NFTs, Dapps and airdrops.Source: Polydoge websitePrice analysisPrice is above a diagonal support line.If I were to position myself on this, I would aim for a profit of at least 40% touching the diagonal resistance line.Looking at a lower timeframe, we could place a tighter stop or target:"There is no expensive stop, what exists is bad risk management".