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$Profitable Signal
DOT/USDT
On November 7, 2023, the Palkodot signal generated a long signal for DOT/USDT. This means that the Palkodot algorithm believes that the price of DOT is likely to increase against the price of USDT going forward.
There are a few reasons why the Palkodot algorithm may have generated a long signal for DOT/USDT. First, DOT has been showing some signs of strength in recent weeks. The price of DOT has been trading above its 50-day moving average, which is a bullish sign. Second, the DOT/USDT trading pair has been forming a bullish triangle pattern. This pattern is typically a precursor to a breakout to the upside.
My entries: $4.880 - $4.900 (LONG)
Targets:
1st TP - $4.920
2nd TP - $4.940
3rd TP - $4.960
4th TP - $4.980
5th TP - $5.00
Stop loss: $4.860
This trade requires holding for 2-3 weeks for all targets. Patience will be needed. DYOR. Keep booking profits at every TP in these marketing conditions.
NOTE: If you want to take trade in futures, do not use more than 20x leverage. If you have any questions, please comment.
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