DOTUSD.P trade ideas
PolkaDot head and shoulders patternNoticed what seems to be a head and shoulders pattern in Polkadot. Following an uptrend that started on July 19, 2021 Polka Dot now seems to be on the bottom part of the right shoulder. Fairly new to TA but from what I recall this is trend reversal pattern, and it would be expected to see a downward trend. Crypto currency in general does not behave similarly to equities and so this pattern likely signals nothing. Just thought it might be worth noting the pattern.
DOT_SHOT , 20USD ~ 25USD 2021_09_28 Hello
This is a polka dot chart.
Most coins are downtrend.
In fact, I'm keeping my short sell and I personally think Bitcoin hits 38K.
I have a personal opinion that Bitcoin will go up after reaching 38K, so after Bitcoin reaches 38K, I will buy back and watch the ups and downs before going into a short buy.
this is just my personal opinion
Good luck everyone.
2021-09-28
Head and shouldersCrypto does not produce anything no matter what people who are passionate about crypto say. It is a ponzi scheme and it will never replace the US dollar.
With that being said this is another opportunity to short. Head and shoulders where the right shoulder is taller than the left shoulder are my favorite and we have one here. Good luck