FTX:DOTPERP   Polkadot Perpetual Futures
Setup: Dot is bearish on both the 1 h and 4 h timeframe. It shows signs of constantly getting rejected by the POC which is confluent with the 50 EMA. Furthermore, it is currently ranging but the OBV is making a lower low, signifying a divergence.

Entry: 10.096

SL: Trail using the SAR( currently at 11.486 which is above the POC)

TP: 6

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.