DOTUSDT (polkadot) 28/08/20 Was short, now....not sure?
Gah I was too impatient yesterday, should've backed myself! I noticed that all the alts retraced 50% from their highs when they had a major correction, so I had a short running on DOT and a couple others, but canned most of them too early. DOT and THETA were probably the best looking for a short yesterday.
Kind of wondering if it'll test the 50% retracement if the 0 mark was moved to the very first break out point. Actually if it did it would look kind of like a mirror image, which bitcoin was doing, and thats probably more of a cooked thought than a charting technique....buuuuut? Fuck it imma go short to 4.93 and put a stop loss around 5.86, more potential downside than up rn so worth it
Kind of wondering if it'll test the 50% retracement if the 0 mark was moved to the very first break out point. Actually if it did it would look kind of like a mirror image, which bitcoin was doing, and thats probably more of a cooked thought than a charting technique....buuuuut? Fuck it imma go short to 4.93 and put a stop loss around 5.86, more potential downside than up rn so worth it
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