In one of our earlier posts on Polkadot, we were saying that Dot will likely go down to the $10 area where we will be looking to buy - see that post here:
We are now very close to our entry zone. We have one more move down before we hit the $10 level - which some were very sceptical about!
The move down can be traded but it is only a short term trade. The big move is the buy trade from the $10 level.
Trade Idea:
- Watch for Dot to move down once more and tag the $10
- Watch for bullish price action at that level and enter
- Put stops below the price bounced from
- targets: 32.4, 54, actively manage the rest
Goodluck!
We are now very close to our entry zone. We have one more move down before we hit the $10 level - which some were very sceptical about!
The move down can be traded but it is only a short term trade. The big move is the buy trade from the $10 level.
Trade Idea:
- Watch for Dot to move down once more and tag the $10
- Watch for bullish price action at that level and enter
- Put stops below the price bounced from
- targets: 32.4, 54, actively manage the rest
Goodluck!
