DOT Harmonic Idea ?
Looking at DOT and i am seeing a bullish crab on the one hour.
Please keep in mind i am still learning harmonics as well as trading.
I will look for a buy in the purple area.
DCA into the purple if you wish.
Buy order is placed at 22.315 with my stop loss below the red area. ( for me personally )
Would look to take profit in the white areas.
This most likely will not play out if bitty dumps.
Always look for divergences in the purple area as this may signal an entry and trend reversal.
( i dont use ftx i use phemex but trading view does not have a chart for dotperp on phemex....
tradingview.com/chart/7AZE2TN6/?symbol=BITSTAMP:BTCUSD
Please keep in mind i am still learning harmonics as well as trading.
I will look for a buy in the purple area.
DCA into the purple if you wish.
Buy order is placed at 22.315 with my stop loss below the red area. ( for me personally )
Would look to take profit in the white areas.
This most likely will not play out if bitty dumps.
Always look for divergences in the purple area as this may signal an entry and trend reversal.
( i dont use ftx i use phemex but trading view does not have a chart for dotperp on phemex....
tradingview.com/chart/7AZE2TN6/?symbol=BITSTAMP:BTCUSD
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