madmax1000

Short DOT - 24% target

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madmax1000 已更新   
BYBIT:DOTUSDT.P   DOTUSDT Perpetual Contract
We're reaching the top of a very well-respected parallel channel. This top also aligns with the Fibonacci golden pocket (in yellow), providing extra resistance. Price wicked above the golden pocket, trapping some longs. I'm expecting a reversal to the lower golden pocket (taking profit along the way).

Price and volume are diverging. This is a sign of weakness, as apparently less people are willing to trade at these higher levels. This makes a reversal even more likely.

The horizontal channel is being well-respected. The many touches of this channel validate that the channel is drawn correctly. Price is struggling to break above it, showing weakness.


交易結束:目標達成:
Multiple TPs hit. Closed trade.
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