Dot 20% move incoming
If 
DOT can clear $26 then I see an easy 20+% move short after based on a LONG standing diagonal trendline break + horizontal break. This bad boy has been suppressed for too long and looks ready for a push back up.
If Bitcoin loses 47k again, this will quickly lose steam.
——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
DOT can clear $26 then I see an easy 20+% move short after based on a LONG standing diagonal trendline break + horizontal break. This bad boy has been suppressed for too long and looks ready for a push back up.If Bitcoin loses 47k again, this will quickly lose steam.
——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
Note
looking good so far...just remember this, DOT will pump again and this project is sound with a bright future. You will regret not having enough in your bag. Not financial advice..just my opinion...but just sayin...
Note
RSI looking to break out of Daily consolidation.
Trade closed: target reached
Trading bonus:
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Trading bonus:
Phemex: Referral Code= EC7RK2
Phemex: Referral Code= EC7RK2
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