Polkadot on his way back
Aktualisiert
it's always very difficult to analyse new coins because more we can back in the past, more it's easy to find supports and resistances.
Dot is still performing a good come back as you can see by his multiple bounces on a forming uptrend Line. Like always the King is controling those coins by his dominance so you always have to check BTC before entering a trade and exit fast if a dip happens.
Simple Targets :
- TP1 4.80$ (38.2% retrace)
- TP2 5.50$ (61.8% retrace) - Strongest Resistance
Stop Loss : 3.90$
Happy Tr4Ding !
Dot is still performing a good come back as you can see by his multiple bounces on a forming uptrend Line. Like always the King is controling those coins by his dominance so you always have to check BTC before entering a trade and exit fast if a dip happens.
Simple Targets :
- TP1 4.80$ (38.2% retrace)
- TP2 5.50$ (61.8% retrace) - Strongest Resistance
Stop Loss : 3.90$
Happy Tr4Ding !
Anmerkung
TP1 ReachedAnmerkung
Retracing with BTC.Anmerkung
important area reached back.Anmerkung
Trade wurde manuell geschlossen
TP1 reached, now under BTC dominance. Broke Uptrend Line.Anmerkung
Target reached with delay as BTC still have strong dominance.
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