Polkadot "W" Pattern

15 juin 2022

Remember that time many years ago when we looked at the "W" pattern?

The candles form a 'W' after a drop to signal that a reversal is happening... Notice here how strong the volume is...

The MACD is moving to bullish also, Polkadot (DOTUSDT) can easily move higher.

Note:

The charts can always change.

You need a plan, knowledge and experience to trade.

There is always risks involved.

Here we read the charts but new information is coming in at all times.
Things can always change and invariably change, always.

Whatever we see now won't stay the same for long.

We map the different support and resistance levels and buy when see high probability that our move will really show up.
We see it going up...
The signals also say so.

We buy but still know that money can be lost.

If we win we accept and appreciate.
If we lose we learn from any actions or mistakes, take the loss and move on.

Namaste.