kspilot

DOTUSD 1H - Bear Trend

Short
Analysis:
DOTUSD is currently in a bearish trend. If the price breaks below 5.92 which is previous lower low level, it will be a sign of bear trend continuation. In this case we can enter in a short trade. For this trade the stop loss will be at 6.48 which is the previous lower high level.

------ Trade ------
Type: Short
Entry: 5.92
Stop Loss: 6.48
TP1: 5.36
TP2: 4.80
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