Polkadot (DOTUSDT) Falls Fast! TP1 Hit, More Targets in Sight!
Aggiornato
Technical Analysis:
Polkadot (DOTUSDT) on the 15-minute timeframe entered a short trade with a clear rejection of the Risological Dotted Trendline, signaling strong bearish momentum.
Key Levels:
Observations:
Price respected the Risological Dotted Trendline as dynamic resistance, confirming the downtrend.
After hitting TP1, Polkadot remains in a solid downward trajectory, increasing the likelihood of hitting subsequent targets.
Volatility is providing momentum, which could lead to quicker completion of lower targets.
Polkadot's bearish move continues to unfold as TP1 is confirmed. Watch for the price to challenge TP2 and beyond as this short setup gains further momentum.
Polkadot (DOTUSDT) on the 15-minute timeframe entered a short trade with a clear rejection of the Risological Dotted Trendline, signaling strong bearish momentum.
Key Levels:
- Entry: 4.450
- Stop Loss (SL): 4.534
- Target 1 (TP1): 4.347 ✅
- Target 2 (TP2): 4.180 (In progress)
- Target 3 (TP3): 4.013
- Target 4 (TP4): 3.910
Observations:
Price respected the Risological Dotted Trendline as dynamic resistance, confirming the downtrend.
After hitting TP1, Polkadot remains in a solid downward trajectory, increasing the likelihood of hitting subsequent targets.
Volatility is providing momentum, which could lead to quicker completion of lower targets.
Polkadot's bearish move continues to unfold as TP1 is confirmed. Watch for the price to challenge TP2 and beyond as this short setup gains further momentum.
Trade attivo
TP2 done
- Indicator used on my charts> Risological.com
- Accurate Entry, Stoploss and Take Profit levels on all charts
- NO Repaint!
- Consistent profits
- Detect and avoid Sideways Market
- Works on all markets and all time frames.
- Accurate Entry, Stoploss and Take Profit levels on all charts
- NO Repaint!
- Consistent profits
- Detect and avoid Sideways Market
- Works on all markets and all time frames.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.