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tengis0621
Sep 13, 2021 1:15 AM

Dot for major pullback Short

Polkadot / United States DollarCoinbase

Description

Dot almost hit the upper part of the ascending channel. However, I'm seeing a major pull back as the price action doing high highs while RSI indicator doing lower highs. This showing a bearish divergence on daily chart. I'm taking a short position on DOT as it shows excellent risk reward ration.

Comment

Following exactly the trade plan
Comments
DukeDinhd6
it will break the channel and go parabolic
tengis0621
@DukeDinhd6, will find out soon
tengis0621
@DukeDinhd6, Guess I was right :)
DukeDinhd6
@tengis0621, how long do you think it can go ? 22 ?
tengis0621
@DukeDinhd6, I got 22$ pt for now.
DukeDinhd6
@tengis0621, I'm thinking 22 - 24 range as well. Patience!
vigorseorchers
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