DOT Short position 22 December 2021
I'm going to short DOT in this setup. We saw some explosive growth this day and we hit our previous resistance zone. The RSI indicator is indicating a top So I think this is a safe bet with low risk
I will place a SL at 28.3 and TP at around 25.72 and also move my SL lower if the trade goes in profit
I will place a SL at 28.3 and TP at around 25.72 and also move my SL lower if the trade goes in profit
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.