$DOT — 93% Win Rate Signal on the 1H Chart 🚀🚀
#Polkadot just flashed a super interesting signal on the hourly chart.
Based on backtests, the signal has a win rate of almost 93% and is based on 14 historical appearances.
Although the automatically calculated profit potential is "only" 1.5%, I would go for a much higher approach 👇
When looking at the chart, I assume a profit potential of 10%. However, due to current market a first TP slightly below $7.1 seems reasonable.
Although there's a stronger support line around $6.5, I would go for a tighter stop loss of 2%.
Overall, the R/R ratio is almost 5.