📊🌐 DOT - Long Trade Play Strategy! 💹🚀
🔍 Strategy Overview:
Condition: Wait for the price to break and retest the $8.50 level.
Entry Criteria: Look for an open and close of a 4HR candle above $8.50.
Targets: Targeting the next resistance at $9.60, followed by $10.73.
Risk Management: Set stop loss just below $8.00.
📢 Analysis: Keep a close watch on the $8.50 breakout and subsequent retest. Evaluate the price action for confirmation and consider implementing risk management strategies. 🌐📈 #DOT #CryptoTrading #Altcoins 🚀💰
Condition: Wait for the price to break and retest the $8.50 level.
Entry Criteria: Look for an open and close of a 4HR candle above $8.50.
Targets: Targeting the next resistance at $9.60, followed by $10.73.
Risk Management: Set stop loss just below $8.00.
📢 Analysis: Keep a close watch on the $8.50 breakout and subsequent retest. Evaluate the price action for confirmation and consider implementing risk management strategies. 🌐📈 #DOT #CryptoTrading #Altcoins 🚀💰
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.