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Serene_Crypto
May 18, 2022 2:09 PM

DOT 4h short Short

Polkadot Perpetual FuturesFTX

Description

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
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