Polkadot
Long

POLKADOT BUY OPPORTUNITY

135
Hi folks an interesting long position on DOT here. As we can see from the chart the DOT seems to have hit its bottom at $3.753. We can also see stochastic RSI, RSI and the Weiss open interest start to turn positive. On the Kellner channel we are outside at the extreme levels a time to buy. A long position can be opened as follows

TP 1 : $10.00 This is the when price action wicked up and fell back down indication the first possible resistance level

TP2: $14.00 This is the mean of the Keltner channel

TP: 3 $20.00-$22.00 This is the first bearish order block where price may struggle
SL: $3.00 Below the previous value of $3.753

If it gets above the previous bearish order block and finds support then DOT a further long position could be

TP 4: $30.00
SL : $25.00

Final long scenario is previous bullish order block at $30.00 and finding support then the Final take profit could be

TP 5 :$50.00

snapshot

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