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Saturday, March 13, 2021

DOTUSD H4: BEST Level to BUY/SHORT 25%/30% gains(SL/TP)(NEW)

DOTUSD H4: BEST Level to BUY/SHORT 25%/30% gains(SL/TP)(NEW)

DOT / TetherUS BINANCE:DOTUSDT

DOTUSD H4: BEST Level to BUY/SHORT 25%/30% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


πŸ”Έ Summary and potential trade setup
::: DOTUSD 4hours/candle chart review
::: chart looks MIXED NOW
::: tagged NEUTRAL as can
::: go both ways after breakout
::: updated/revised outlook
::: rising wedge setup in progress
::: by textbook a BEAR setup however
::: it's a strong prior bull market so can
::: go both ways after breakout
::: BULLS get ready to BUY after pullback
::: TP bulls is 25% gains
::: BEARS should wait for downside breakdown
::: buy only SHORT into re-test of BREAKOUT
::: TP Bears +25/+30% gains max
::: patience required next few days
::: as we are getting ready for a move now
::: noteworthy compression / tight ranges
::: good luck traders!
πŸ”Έ Supply/Demand Zones
::: N/A
::: N/A
πŸ”Έ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: NEUTRAL
::: Sentiment short-term: NEUTRAL

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.



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