๐ช ASSET: $DOT /USDT 4H
๐ด DIRECTION: SHORT
๐ TREND: Bearish flag & pole โ continuation of the downtrend after a sharp dump. Price is below EMA20/50, SuperTrend is bearish, RSI ~35 indicates weakness. Consolidation after the pump acts as distribution.
โ๐ฏ Entry: 0.7700 โ 0.7950
๐ด Stop Loss: 0.8300
๐ข Take Profits:
๐ข TP1: 0.7000 โ psychological support
๐ข TP2: 0.6530 โ Fib 1.618 extension
๐ข TP3: 0.6000 โ deep take profit, extended dump target
โ๐ Levels:
๐ด SL: 0.8300 โ above the flag origin / breakdown level
๐ก Entry: 0.7700โ0.7950 โ flag resistance zone + EMA50
โช Resist: 0.7754 / 0.7950 โ upper boundary of the flag / EMA50
โช Support: 0.7000 โ psychological level
โช Support: 0.6531 โ Fib extension
โR/R: 1:2.3 โ 1:5.2
โโ ๏ธ This analysis is not financial advice. Trade at your own discretion.$DOT
๐ด DIRECTION: SHORT
๐ TREND: Bearish flag & pole โ continuation of the downtrend after a sharp dump. Price is below EMA20/50, SuperTrend is bearish, RSI ~35 indicates weakness. Consolidation after the pump acts as distribution.
โ๐ฏ Entry: 0.7700 โ 0.7950
๐ด Stop Loss: 0.8300
๐ข Take Profits:
๐ข TP1: 0.7000 โ psychological support
๐ข TP2: 0.6530 โ Fib 1.618 extension
๐ข TP3: 0.6000 โ deep take profit, extended dump target
โ๐ Levels:
๐ด SL: 0.8300 โ above the flag origin / breakdown level
๐ก Entry: 0.7700โ0.7950 โ flag resistance zone + EMA50
โช Resist: 0.7754 / 0.7950 โ upper boundary of the flag / EMA50
โช Support: 0.7000 โ psychological level
โช Support: 0.6531 โ Fib extension
โR/R: 1:2.3 โ 1:5.2
โโ ๏ธ This analysis is not financial advice. Trade at your own discretion.$DOT