DOT Polkadot could be in a great position for a supbounce scalp

For you scalpers out there DOT is at the support area of a long broadening wedge. I really wanna wait for candle confirmation to make the actual trade myself but it looks do-able. SL @ 37.33. The biggest issue right now with all of this is Bitcoin. BTC controls how the rest of the market acts. Right now BTC is falling day by day after getting to ATHs last week. So it needs to be monitored with your trade. When scalping you NEED to always watch Bitcoin and use BTCs momentum in conjunction with your scalp trade. DOT still has an excellent outlook and hopefully we see a bounce here and a rise back up to resistance.

Commentaire:

Sidebar: the macD is well below our averaging line and if there is swing momentum from here we could see a huge gain.