GoatOfWallStreet

DOT Breaking the downtrend

Long
CAPITALCOM:DOTUSD   Polkadot
Polkadot is finally breaking out of the down trend. We have now a confirmation of trend breakage and can go long after a slight pullback as currently the RSI and Stoch RSI are totally in overbought territories.

I will go in with a very tight stoploss as market can turn around in matter of seconds if we hear more bad news :))))))
Trade active:
We had a bit of pullback as expected. I Have entered already with 50% of my position for DOT. Will add another 50% if we go a bit more down.

Stop loss $22.5
Comment:
We are pushing strong :)
Trade active:
We never came down to the buy zone in this run, but at least I told about opening a position in the last update. It is pushing strong :)
Trade closed manually:
I think the market is going to be bearish for a couple of weeks :)) I am closing my recent position on DOT. I still have positions that I got at $40 and heavily in RED by I am goin to #HODL as I am quite sure we see $40+ in couple of months.
Comment:
Bullish activity is resumed by I can not trust it at this moment, I personally waiting for a BTC pullback to $42k during chinese new year
Trade active:
I loaded up a little bit of DOT with $19 set as stop loss :) lets see how it goes

I am the defender of the retail against the wolves of the wall street
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