ðĨPOLKADOT: PULLBACK TO ACCUMULATE THE POWER BEFORE PUMP
āļāļĩāđāļāļąāļāđāļāļ:
ðĨHi, friends! The US Department of Justice announced today that it will take international action regarding cryptocurrencies. A lot of liquidity starts to flow into the market. Retailers start to sell their crypto on this FUD.
According to this, I make a fresh update for Polkadot. Now DOT is testing $5.73 key level which is really important support. If the price will close below this level, the road to $5.25-5.42 value area will be opened, which is also strong support.
If we close above this level, it will be good entry point with short sl below the lows.
ð TRADING PLAN FOR DOT:
ðĨ test the $5.73 key level as the support or the false breakout of this level soon
ðĨ large buy orders on DOM and Footprint scalping tools which help me to identify the whale's purchases
ðĨ bullish BTC
ðĐ Traders, if the price reaches the $5.25-5.42 value area and successfully tests it as the support, it will be a nice chance to open a trade. In this case, the price will cool down and be ready to reach new highs.
â THE MAIN TARGETS FOR DOT:
1. $6.5 - the key level and local highs
2. $7.4 - the key level
3. $8 - the key level and even number
Friends, do you believe in DOT and KSM in this bull market or its already a coin with a huge cap and no growth potential? Write your thoughts in the comments!
ðŧFriends, press the "boost"ð button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
According to this, I make a fresh update for Polkadot. Now DOT is testing $5.73 key level which is really important support. If the price will close below this level, the road to $5.25-5.42 value area will be opened, which is also strong support.
If we close above this level, it will be good entry point with short sl below the lows.
ð TRADING PLAN FOR DOT:
ðĨ test the $5.73 key level as the support or the false breakout of this level soon
ðĨ large buy orders on DOM and Footprint scalping tools which help me to identify the whale's purchases
ðĨ bullish BTC
ðĐ Traders, if the price reaches the $5.25-5.42 value area and successfully tests it as the support, it will be a nice chance to open a trade. In this case, the price will cool down and be ready to reach new highs.
â THE MAIN TARGETS FOR DOT:
1. $6.5 - the key level and local highs
2. $7.4 - the key level
3. $8 - the key level and even number
Friends, do you believe in DOT and KSM in this bull market or its already a coin with a huge cap and no growth potential? Write your thoughts in the comments!
ðŧFriends, press the "boost"ð button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
ðĨHi, friends! The price reaches the first target. +14% to the local highs and fall by -7% on false breakout. You can make money on both setups which I recommend you to follow. āļāļąāļāļāļķāļ
ðĨHi, friends! DOT makes +37% from an entry point. Congrats with the profit!DOT reached 2/3 of targets and make a pullback from $7.93, almost reached the third target at $8.
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