Altcoin Time: Polkadot Bullish Swing Trading
Polkadot is showing several bullish signals:
PML being disrespected
PWL being disrespected
PWH being disrespected
PDL being disrespected
PDH being disrespected
Daily Bullish FVG being respected
4H Bullish FVG being respected
4H Swing Low being disrespected
Bearish Argument:
4H Swing High is being respected
Altseason seems to be brewing, but as day or swing traders, we must remain cautious about short-term movements. Ignore the noise on social media and rely on your analysis and experience.
Risk management is everything. If you risk more than you can afford to lose, you’ll end up emotionally drained. Protect your mindset by applying proper risk management techniques.
Risk-to-Reward (RR): 5.2