๐ฅ Hi friends! Polkadot is feeling weak that is why I make for you 2 trading plans even with a short trade.
๐ THE SHORT TRADING PLAN FOR DOT:
1. return to the mirror level $5
2. possible false breakout of the local highs
3. bearish BTC
โ THE TARGETS FOR SHORT:
๐ฅ $4.5 - key level and even number
๐ฅ $4 - the key level and even number
๐ฅ $3.6 -3.7 - the key level
๐ฉ If there will be no pullbacks down with the liquidity collections at $4.5, the price has a more chance to fall after the growth to the $5 mirror level.
โ If DOT will make a false breakout at $4.5, so the bulls have more fuel and possibility to hold the price above the $5 level and push the price to our targets:
๐ฅ $5 - the mirror level and strong resistance
๐ฅ $5.2-5.35 - the point of control and resistance
๐ฅ $5.73 - the key level
๐ฉBullish BTC is a must-have in case of long.
Traders, let me know your thoughts on DOT. What scenario is more probable for this altcoin? Write in the comments!
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.
๐ THE SHORT TRADING PLAN FOR DOT:
1. return to the mirror level $5
2. possible false breakout of the local highs
3. bearish BTC
โ THE TARGETS FOR SHORT:
๐ฅ $4.5 - key level and even number
๐ฅ $4 - the key level and even number
๐ฅ $3.6 -3.7 - the key level
๐ฉ If there will be no pullbacks down with the liquidity collections at $4.5, the price has a more chance to fall after the growth to the $5 mirror level.
โ If DOT will make a false breakout at $4.5, so the bulls have more fuel and possibility to hold the price above the $5 level and push the price to our targets:
๐ฅ $5 - the mirror level and strong resistance
๐ฅ $5.2-5.35 - the point of control and resistance
๐ฅ $5.73 - the key level
๐ฉBullish BTC is a must-have in case of long.
Traders, let me know your thoughts on DOT. What scenario is more probable for this altcoin? Write in the comments!
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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