๐๐ฅLong on DOT: same situation as with XRP before 40% PUMP!
Hi friends! Just take a look on the chart and volume indicator. Do you see how many times the whales buy the bottom of DOT? I think they do it to make money unlike the retail traders who buy at the top and sell in loss).
The spike of the volume is always at the bottom, as you can see on the indicator. This means that the big players might already accumulate enough DOTs. The same situation were to XRP before the PUMP:
1. a lot of buyers at the bottom
2. lost interest to the coin from retail investors/trader
๐ I see this preconditions to open a long:
๐ฅsqueeze to the upper trendline
You can try to open a local trade on the wedge breakout if you are the intaday trader.
๐ฅ bulls BUY limit order wall which is support the price and doesn't let it to fall
๐ฅ bullish BTC pull the altcoins to the top.
๐ฉ I use DOM and Footprint dcalping tools for the purpose of identifing the big players. Big players are the reachest on the market and as you know they choose the right size in the most cases. I prefer to follow the whales.
โ The targets for the long:
1. $7-7.33 - the closest value area and resistance
2. $8.05 - the key level
4. $9-10 is importan psychological value area for traders. A lot of them will book the profit here
๐ฅ I also recommend you to book profit at least 25% when the price reach the targets.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
The spike of the volume is always at the bottom, as you can see on the indicator. This means that the big players might already accumulate enough DOTs. The same situation were to XRP before the PUMP:
1. a lot of buyers at the bottom
2. lost interest to the coin from retail investors/trader
๐ I see this preconditions to open a long:
๐ฅsqueeze to the upper trendline
You can try to open a local trade on the wedge breakout if you are the intaday trader.
๐ฅ bulls BUY limit order wall which is support the price and doesn't let it to fall
๐ฅ bullish BTC pull the altcoins to the top.
๐ฉ I use DOM and Footprint dcalping tools for the purpose of identifing the big players. Big players are the reachest on the market and as you know they choose the right size in the most cases. I prefer to follow the whales.
โ The targets for the long:
1. $7-7.33 - the closest value area and resistance
2. $8.05 - the key level
4. $9-10 is importan psychological value area for traders. A lot of them will book the profit here
๐ฅ I also recommend you to book profit at least 25% when the price reach the targets.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
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๐ทTelegram ๐ t.me/+ICrmLIneDmRiYjIy
๐ทYouTube ๐ bit.ly/YouTube__Lessons
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