Hi dear patrons, hope you are well, and welcome to the new update on Polkadot (DOT) coin.
Previously we had a nice trade by DOT:
Now on the 2-day time frame chart, the price action of Dot is forming the final leg of the bullish Shark pattern.
Buying and sell targets for Shark move:
Buy between: $29.66 to $24.94
Sell between: $33.88 to $43.34
Stop loss:
The maximum extent of the potential reversal zone to $24.94 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 73.5%, and a loss possibility up to 16%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Previously we had a nice trade by DOT:
Now on the 2-day time frame chart, the price action of Dot is forming the final leg of the bullish Shark pattern.
Buying and sell targets for Shark move:
Buy between: $29.66 to $24.94
Sell between: $33.88 to $43.34
Stop loss:
The maximum extent of the potential reversal zone to $24.94 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 73.5%, and a loss possibility up to 16%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.