DOTUSD.PM trade ideas
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
bearish on dot for trade I am looking at this 15 min chart and thinking we will see dot hit $26USD again before we continue on the full bull run again. if this is the case my long positions will execute and I look to settle them within 12 hours and take 10%.
this is not financial advice just an idea I am looking to do.
DOT update 9/21 9:00 AM ESTDot has broken the downward channel from yesterday and is currently at the tail end of an upward trajectory. Using our fib I see a pull back to the 28-27 levels. Long-term (the next 2-3 months) I see a lot of positive momentum for DOT. Massive fundamentals will be pouring into the polkadot ecosystem and I see this making the price soar up to the 40-50 range by years end and I feel within a year we will flirt with a $100 dot.
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Dot for major pullbackDot almost hit the upper part of the ascending channel. However, I'm seeing a major pull back as the price action doing high highs while RSI indicator doing lower highs. This showing a bearish divergence on daily chart. I'm taking a short position on DOT as it shows excellent risk reward ration.