dtingbudong

Laggard Polkadot Pocket of Value Amidst Surging Alt Season

Long
BINANCE:DOTUSDT   DOT / TetherUS
Polkadot sold off quite hard in the past few days, but with other alts moving (see alt composite tracking index) and DOT near the bottom of its channel and with bullish divergence on CMF prior to that, this is a great chance to get ahead of the move like we did with CAKE last week - a trade that has already returned over 20%. Follow it, but this thing has potential to hit $49 (other end of the channel).

On 25 March, we had a very similar situation, and that trade returned over 40%. See linked idea below: "BTC: Cautious Long"
Trade active: active from 35.37
Trade closed: stop reached: cut losses

Comments

Yes, it seems exactly like last time
Reply
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