POLKADOT - Close To Breakout! 👀

17 בפבר׳ 2022

Following on from our last post on DOT where we found a divergence breakout starting the bullish wave, we now have another entry for DOT to take it higher.

There are 2 ways we can trade this.

1st Trade Idea:
- Watch for bounce off double bottom and enter
- Stops below the double bottom

2nd Trade Idea:
- Watch for a breakout of the red descending trendline
- Stops below the structure indicated on the chart

Targets:
23.3, 32.3, actively manage the rest.

We'll update this chart once there's a breakout.

Goodluck!