I almost bought $DOT at 1.1780 today. Then I checked the volume, 0.8x average
Price is sitting near the bottom of the daily range down 4.0 percent
Volume is too thin to trust this move so I am passing right now
I need to see an hourly close and hold above 1.2640 to flip bullish
Or a clean pullback that holds 1.1600 and bounces before I touch it
It could keep running without me and a bad entry costs more than a missed move
Chasing $DOT here or waiting for 1.1600?
#DOT #RiskManagement
Price is sitting near the bottom of the daily range down 4.0 percent
Volume is too thin to trust this move so I am passing right now
I need to see an hourly close and hold above 1.2640 to flip bullish
Or a clean pullback that holds 1.1600 and bounces before I touch it
It could keep running without me and a bad entry costs more than a missed move
Chasing $DOT here or waiting for 1.1600?
#DOT #RiskManagement