Short

DOT UPDATE - LOWER TIMEFRAME - $4.7RR HIT

Updated

After the long trade hit target with a risk reward of 4.8 on the previous analysis

we took the short immediately hoping to see it fall as shown on the chart. If you haven't enter this trade I believe this is the perfect entry time.

However a very important note: this short is just to hedge the overall position on our spot bag here

our main direction on the mid-long term is bullish this lower timeframe are just momentary trades so never let it outweigh the spot bag.

OTHER ANALYSIS

FANTOM (FTM) DAUNTING REASONS WE WILL BE GOING TO BACK TO $0.08

APE - WHAT WILL HAPPEN AFTER THIS SHORT TERM RETRACE

SHIBA UPDATE - BULLISH CONTINATION AFTER THIS RETRACEMENT

Note

After hitting target for the long trade we took a degenerate move to short again this time to hedge the spot position on dotusdt. Now the first entry is at breakeven and the second entry is at least 1:1 risk reward let see how this plays out.

Trade closed: target reached

Trade active

Note

even though we later closed this trade too early, it sure followed the analysis. See update

POLKADOT - UPDATE -$20 INCOMING AFTER THIS POSSIBLE LAST RETRACE

DewyCandles

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