Helical_Trades

DOT/USDT : Some similarities on lows !

Long
BINANCE:DOTUSDT   DOT / TetherUS
DOTUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !

#DOT has showed a fractal repetition on the last local lows.
There was a fast relief sweeping out the lows and get to the lower lows again.
So there's an opportunity to have an aggressive long position on #DOT but there'll be three factors to watch for :
- Uncertain market structure + High volatility in ALTs right now
- Local liquidity pool located at 36K on BTC's chart ( There'll be our last leg down into 36K for institutional buyers ).
- Fractal suggesting that every relief on #DOT has an immediate drop; So it's very suggested to manage the profit targets !

📚 The lower order-block could be a good entry to take long and set our SL as a any breakdown confirmation below it.

I was planning to share the chart earlier today but I got to do some of my personal jobs and I guess we ran out of the entry...
But in any chance of revisit the entry; It could be good to have a taste on the LONG with very tight SL and also we need to engage only 4% of our portfolio on spot buy !

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Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
@Helical_Trades

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