DOTUSDT Polkadot TA & Trade Idea

Dec 2, 2021

Just taking a look at this Polkadot chart. We've traded down to a key support level on the higher timeframe. The market is also overextended with somewhat of a liquidity void above the current price level. I would be interested in a potential sell if we break the current/previous low, then re-test and fail. That would be my cue to short this. The other thing to be mindful of is the higher highs and higher lows forming meaning the potential is also there for a reversal. Bottom line if we break the current level retest and fail I would be interested in shorting.