Hello, friends!
You are welcome to subscribe and follow this idea, as I will disclose all my future entries and exits here, and reasoning for the trades.
Of course, this is not a financial recommendation and the post is about my personal view on the most probable price trajectory on selected time frames.
The post starts with the cross - DOT against BTC. I expect DOT overperforming Bitcoin, based on certain wave scenarios presented in this post.
1. Extended impulse - daily chart
2. a weekly WXY pattern, where the cross in the middle of wave .
You are welcome to subscribe and follow this idea, as I will disclose all my future entries and exits here, and reasoning for the trades.
Of course, this is not a financial recommendation and the post is about my personal view on the most probable price trajectory on selected time frames.
The post starts with the cross - DOT against BTC. I expect DOT overperforming Bitcoin, based on certain wave scenarios presented in this post.
1. Extended impulse - daily chart
2. a weekly WXY pattern, where the cross in the middle of wave .
Trade active:
My first entry DOTUSD at $25
Two options:
- a flat in the process, where we are in the middle of wave C (down)
- wave 3 is unfolding, with the internal waves i-ii likely completed (ending diagonal on h4 and price divergence with RSI)
Two options:
- a flat in the process, where we are in the middle of wave C (down)
- wave 3 is unfolding, with the internal waves i-ii likely completed (ending diagonal on h4 and price divergence with RSI)
Comment:
Order cancelled:
Breakeven. Wait for lower entry