A follower asked me to analyze $DOT

Here’s what I see from my chat. It’s not financial advise. It’s just a trade idea.

From the chat, #DOT/USDT will go up but I couldn’t see a suitable entry model for me to ride it up. However, if you hold $DOT , you can take your profits at $7.9 which is a point of inducement that I marked as XXX lol. Or take the profit at $8.6 which is my point of interest to short the coin.

You can trade according to your plan if you see a strategy that’s in line with yours. But for me, when $DOT gets to $8.6, I’ll look out for a confirmation to short it with a stoploss of $9.779 and a final take profit of $3.822.

You can see the image of my analysis below. Follow me on trading view (rising33B) to see my trade ideas. And follow me here to get more trading tips and crypto updates.

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