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#dot #DOT_UPDATE The price moved higher but reverse back from very close to our target level which was 6.50 Markey reverse back from 6.46 and couldnt hit our take profit . At the moment , the rising channel is near to its support zone , if price closes below the support area 6.05 , then i will close my trade from the entry point 6.03 and will look for the next potential setup. We earn nothing and lose nothing from this trade. It happens most of the time in trading. I will update once the price make some clear move to enter again. Best Regards Mati
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#DOT_UPDATE $DOT #Dotanalysis #POLKADOTE #PolkadotAnalysis Reffering to my previous post , The price breaks the bullish flag which was forming inside the rising channel to moving towards our first target level which was 6.50 , i will close half of my position at 6.5 to book the profit and will move my stoploss to entry point for win win strategy. I will update once the price hit our initial target. Those who have not read my previous posts , please feel free to explore my profile to read history of this trade , it will help understand the pattern of this trade. Follow me to get further updates. Best Regards Mati
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$DOT #DOT_UPDATE #DOTAnalysis #Dot Analayis Update 21st July 2024 Good Day ! We are still in a trade and price is moving as expected but couldnt hit our first target level. The price made a recent high at 6.36 and forming a small bullish flag which mean it may move in a range for few hours and once it break the flag , it will move towards our target level. I will still remain in a trade as long as we are in the rising channel mentioned in the chart below. Those who have not read out previous post , i suggest to have a look at previous post to understand the current chart pattern. Follow me for further updates.
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$DOT #Dotupdate #DOT_UPDATE #DOTPriceAnalysis Market moves as expected as we discussed in previous posts. My trade trigged from 6.03 and price moved near to my first target level which was 6.50 , but reversed back from 6.48 . Current markey price is 6.18 and i am still bullish , will remain to my trade plan . Please have a look at chart pattern for the reference. Thoese who have not read my previous post , feel free fo explore my profile and have a look at previous posts to encounter the analysis stats. Follow me for further updates
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