Sgnal
DOTUSD❗ Support level 45$⚡DOT break the all-time high resistance with big candle. This is starting of a new rally in DOT. The lower support area $45 and $38-$40 area. DOT is in price discovery so there are no such resistances but always keep eye on round figures like $60 and $70.
Have a nice trade!
Your Solldy.
Technical approach for 3rd week of September 2021 (13-17) **EDUCATION PURPOSE ONLY**
Strategy- (Naked chart)
Per Support or Resistance after break, It can be strong opposite zone for re-test.
Range break.
Head & Shoulders pattern you can see very easily. :) (But we don't consider that, However its good sign for trade confirmation)
Sell stop at : 151.752
Stop loss : 152.363
Take profit : 151.583
Its wide SL and Small TP trade and we can place this for 1% for STOP LOSS (Position size)
Alts Season! But this time It's Winter...Some call it scallop, saucepan or other names, but I call it Altcoins Slaughterhouse !
It seems Bitcoin dominance is going to have a big growth up to 78.9% and it will not be good for altcoins at all. But what about BTC itself? Is BTC.D's growth because of BTC pump or of Altcoins' decline? I say a little of former and mostly the latter.
Then, what is price forecast of BTC in this regard?
Stay tuned... ;)