Analysis: Polkadot looks pretty strong, the 200SMA acts as a support for the bullish continuation. I want to be a step ahead before the incoming price action. I opened a long position with 9.20% risk in order to dance with the bulls. If the price will break out from this level a lot of people will try to buy in as they will have a FOMO feeling. If they jump into buy my position will be secured by them since I will be a few steps ahead.
Trade: BUY
Entry: 23.953$
1st target: 34.775$ (+45%)
2nd target: 54.5$ (+128%)
S/L: 21.740 (-9.24%) - I will set a break even stop when I get the bullish confirmation.
Total profit/loss last month: +277%
Please join our community to get more information and guidance until its free:
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Trade: BUY
Entry: 23.953$
1st target: 34.775$ (+45%)
2nd target: 54.5$ (+128%)
S/L: 21.740 (-9.24%) - I will set a break even stop when I get the bullish confirmation.
Total profit/loss last month: +277%
Please join our community to get more information and guidance until its free:
community.protradersnetwork.com/home
Note
we are 16% up on spot so far.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.