michael772

DOT ready to bearish

Short
BINANCE:DOTUSDT   DOT / TetherUS
Dear ladies and gentleman, I am here to inform you that DOT is going to be bearish for the next month or two. I know everyone here wants to see the charts go only in one direction and that direction is not down. Let's take a look to this chart and see where our selling zone is. it does not matter if you bought DOT at a higher price than the one in the selling zone, we will still be able to make loads of DOT during the bearish phase. Before we start talking about how to make more DOT I would like to let you know that there is still a low chance for the market to turn back bullish if BTC is going to break through the next resistance level (check my BTC post). But we do not have to care about the best scenario, we have to care about the worst scenario that could hit us during the next months. That "worst" scenario would push our coins up and down for months and our coins would be stuck there in a point we cannot reach due the high loosing %. But think about it, if we sell when the next peak comes we would be able to buy back even more coins when the next dip appears making some good profit during this up and down phase.
What are my plans? Make an incredible profit out of my BTC and my altcoins. How? Following the market and not pretending that the market has to follow me.

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