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DOT3xShort/Tether

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[Crypto] Polkadot Bear Flag and Swing BetNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. =======
Long
by Amit_Ghosh
#Dot Analysis with trend line, supp & resis 4hr tfIf you are looking to analyze DOT using a 4 hour time frame, you can use trend lines along with support and resistance levels to help identify potential price movements. A trend line can help you determine the general direction of the price, while support and resistance levels can help you identify key areas where the price may encounter barriers or reversals. To draw a trend line, you can connect the highs or lows of the price movement over a period of time. This can help you see if the price is moving up, down, or sideways, and can give you an idea of where the price may potentially move in the future. Additionally, support and resistance levels can be useful for identifying areas where the price may find support or resistance. Support levels are areas where the price has previously bounced back up from, while resistance levels are areas where the price has previously reversed from an uptrend. By using trend lines and support and resistance levels, you can get a better understanding of the price movements of DOT and develop a trading plan that aligns with your risk management strategy and market analysis.
by nawaab001