DOT UPDATE - LOWER TIMEFRAME - $4.7RR HIT

After the long trade hit target with a risk reward of 4.8 on the previous analysis

we took the short immediately hoping to see it fall as shown on the chart. If you haven't enter this trade I believe this is the perfect entry time.

However a very important note: this short is just to hedge the overall position on our spot bag here

our main direction on the mid-long term is bullish this lower timeframe are just momentary trades so never let it outweigh the spot bag.


OTHER ANALYSIS

Comment:

After hitting target for the long trade we took a degenerate move to short again this time to hedge the spot position on $dotusdt. Now the first entry is at breakeven and the second entry is at least 1:1 risk reward let see how this plays out.

Trade closed: target reached

Trade active:

DOTUSDT

Comment:

even though we later closed this trade too early, it sure followed the analysis. See update