DOT
Diupdate

DOT/USD

615
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.

We're currently sitting on the big green support line, if we lose this we have another support around $3(unlikely)
We have already dropped by 88%

Going down to the bottom green line would be about a 94% drop from ATH

$6 to $3 is 50% drop.

We have a small unlikely chance for another 50% drop with a possible gains of 972%

Risk Reward ratio: 16 for current price @ $6.9

The more you can get at any price lower than current, your RR ratio is even higher.




Trade aktif
Update: Support and resistance lines added

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Catatan
Timeframe changed to 4h.

If our impulse wave have started we will be following this blue subwave.

If not, expect another leg down.

A break above the blue resistance line will confirm the wave trend above.

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