After breaking out and nearly reaching our first target of 33 dollars, Dot has experienced a heavy retracement that has brought it back almost to the low of the initial pullback. However it has reacted at the PCZ of the bullish bat and shown bullish divergence on the 4h RSI, with the market looking weak it is a risky trade to take however I believe that a bounce is soon to come and so have entered myself. Again I don't use stop losses or tps as I watch the charts on a daily but if someone was to size up their position they could do so like this.
ENTRY 24.91, with 20x leverage
ENTRY 24.91, with 20x leverage
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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.