THIS IS POLKADOT TETHERUS.As you see in 1H Marked first OB and placed couple of entry limit orders. I thought first OB will mitigate so I placed order for SHORT but as you see Market Always Do What He Wants To Do!
Market changed his direction and we a pullback @7.381 toward down.
Then we can see a another BOS and a good BIG BULL CANDLES. So I marked my second OB for LONG.
first RRR 1:3
second RRR 1:3
NOW WAIT FOR MITIGATION!
CORRECT ME IF I'M WRONG!!!
Polkadotlong
Dot/Usdt Latest Update, Target 1,2 and 3 Achieved.#-There is a possibility That We can see a Pullback to the suggested support line (42.73).
The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
Technical analysis:
. DOTUSD is in an Ascending Parallel Channel .
. The price is above the 50 Ema and It is also Acting as a strong Support.
. The RSI is at 56.97.
Take Profits:
TP1= @ 45.50
TP2= @ 47.37
TP3= @ 49.35
TP4= @ 51.18
* If You are buying polkadot in a medium risk buy Zone Then Use Either 41.55 As Stop Loss
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💡Don't miss the great buy opportunity in DOTUSD @PolkadotTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (20.99).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 24.58
TP2= @ 28.62
TP3= @ 31.31
TP4= @ 35.10
TP5= @ 42.63
SL= Break below S2
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