made entries at blue arrows tp1 at red arrow have reentered for tp2, using a tight stop loss if market turns down would prefer entries again at notification bell for tp2, 3, etc... -i day trade alt coins, however, my bias - has begun to shift toward scalping to accumulate and hold for longer swing trades *however, i do not see that weekly chart has confirmed...
During the recent dip Dot has shown relative strength to btc This is my view on short term dot price action blue for entry red for tp
Details in chart... I am looking for Long opportunities near 6.25. IF sushi establishes a range between 7.4-8 i will look for long opportunities on a breakout or near range lows.. blue arrows for entries red arrow is tp a nice consolidation and break above 8 should start a strong move toward 11 a break and close below 6 will look for re tests of lows
I am curious of others thoughts on this monthly candle close. Not only the Nasdaq but Spy, Dow all closed with bearish reversal candles after a frothy year and a month of mania and extremes. Large influx of retail traders as well. Go back and look for monthly doji reversal candles that aren’t at a top. Perhaps it’s not the too but only a significant correction...