MBM_Crypto

Polkadot - Quick Trading setup LONG

Long
BINANCE:DOTUSDT   DOT / TetherUS
Here's a quick look at Polkadot (DOT) 4 hr chart. The price action has been forming a some kind of rounded bottom pattern the past few days/weeks. Now price looks to take off. Note: Watch the RSI - Not much space left before its oversold.

The idea is: Buy the breakout from the level shown in the chart. take profits at the level shown in the chart.
Target:
1. 42$
2. 49$

Follow me for daily trading setups - Telegram group coming soon...

BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!

Experience our top-tier setups with our Premium Group for only 75$ Lifetime membership!

🎖Telegram: t.me/MBM_786kr🎖
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.