๐ฅ Hi friends! DOT is making a pullback after the false breakout of $5.7 key level. All these movement is highly expected, because BTC also make a false breakout of the local highs and fall from $17 000 to $16 600 today.
โ Remember that 99% of all the altcoins follow BTC!
๐ Now I have the next trading plan for DOT: ๐ฅ false breakout of the current $5.22 key level ๐ฅ volume growth which confirm the pressence of the whales ๐ฅ bullish BTC is a must have for the altcoins grow
๐ฉ I think that after this local correction and the pullbacks, DOT have a strong chances to reach the next targets: 1. $5.7-5.9 - the closest value area which become the resistance 2. $6.2-6.5 - big value area, huge resistance for the price 3. $7.4 - the local highs and key level
Traders, remember to book the profit by parts. I recommend you to book at least 65-70% when the price reach the 2nd target.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.