DOTUSD - possible shortHello all,
DOTUSD has recently broken out of the midterm rising wedge pattern.
Now it seems like it is going to form an AAD pattern on 1H-4H time frame.
Possible points for successful entry, scale-in, SL and TP are pointed on
the graph. Good luck!
Disclaimer: Any risk related to trading this cryptocurrency is solely on you. Please, think thoroughly before making any trading decision.
Dotusdshort
DOT is in an uptrend, The trend is your friend. You will never know when the trend ends, on the 4H Chart, it's textbook analysis that we are trending upwards.
Until you see a rejection in more upside, and breaks the trend line, you can consider some shorts, as for now, you're good if you're long.
Take profits when it breaks the trendline on the 4h chart.