Hi friends! I hope you follow my yesterday recommendation att least for scalping! Another swing trades you can open when the BTC show it's power.
✅ My recent plan for BItcoin in this video!
Now the price of DOT consolidating in the FALLING WEDGE and start to squeeze to the upper boundary. It's a nice signal for the bulls. I hope the value area of $6.20-6.50 will become the support for the price in the closest future.
📊 The preconditions to open a long: ✅ false breakout +volume indicator confirmation (volume bars growth) 🔥 pullback to $5.9-6 🔥 squeeze to the trendline 🔥 bullish BTC
✅ The volume indicator help you to understand where is the bottom or high. The biggest volume are always there. If you want to make more succesfull trades, use the DOM and Footprint tools for scalping. It helps to open a short and long with the whales (big players). As far as you understand, the whales are the most profitable traders at the market.
🚩 The targets are the 3 key levels of $7, $8, $9.65.
🔥Traders, set your sl at the breakeven when the price reach the 1st target. My recommendation is to book at least 50-60% of profit when the price reach the second target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade
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