DOTUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#DOT has showed a fractal repetition on the last local lows. There was a fast relief sweeping out the lows and get to the lower lows again. So there's an opportunity to have an aggressive long position on #DOT but there'll be three factors to watch for : - Uncertain market structure + High volatility in ALTs right now - Local liquidity pool located at 36K on BTC's chart ( There'll be our last leg down into 36K for institutional buyers ). - Fractal suggesting that every relief on #DOT has an immediate drop; So it's very suggested to manage the profit targets !
📚 The lower order-block could be a good entry to take long and set our SL as a any breakdown confirmation below it.
I was planning to share the chart earlier today but I got to do some of my personal jobs and I guess we ran out of the entry... But in any chance of revisit the entry; It could be good to have a taste on the LONG with very tight SL and also we need to engage only 4% of our portfolio on spot buy !
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