DOTUSDT (polkadot) 28/08/20 Was short, now....not sure?
Gah I was too impatient yesterday, should've backed myself! I noticed that all the alts retraced 50% from their highs when they had a major correction, so I had a short running on DOT and a couple others, but canned most of them too early. DOT and THETA were probably the best looking for a short yesterday.
Kind of wondering if it'll test the 50% retracement if the 0 mark was moved to the very first break out point. Actually if it did it would look kind of like a mirror image, which bitcoin was doing, and thats probably more of a cooked thought than a charting technique....buuuuut? Fuck it imma go short to 4.93 and put a stop loss around 5.86, more potential downside than up rn so worth it
Kind of wondering if it'll test the 50% retracement if the 0 mark was moved to the very first break out point. Actually if it did it would look kind of like a mirror image, which bitcoin was doing, and thats probably more of a cooked thought than a charting technique....buuuuut? Fuck it imma go short to 4.93 and put a stop loss around 5.86, more potential downside than up rn so worth it
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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.