Polkadot - Quick Trading setup LONG

١٢ مارس ٢٠٢١

Here's a quick look at Polkadot (DOT) 4 hr chart. The price action has been forming a some kind of rounded bottom pattern the past few days/weeks. Now price looks to take off. Note: Watch the RSI - Not much space left before its oversold.

The idea is: Buy the breakout from the level shown in the chart. take profits at the level shown in the chart.
Target:
1. 42$
2. 49$

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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!