i sold 50% at 6.8 and looking to rebuy here. i dont even know what DOT is for, but i wish i bought more at 2.8. if you guys missed those move. this last wave will be the longest. stop loss $5.
Comment:
its trying to bounce here, i doubt it will go straight up again, probably consolidate here for 2 or 3 days then we move up.
Trade active:
anyway, whatever happen, happen. the key is always have a trade plan.
Comment:
my other bid filled at 5.280. we should bounce here.
Comment:
alright some of u guys might be wondering why im so sure about dot goin to $10 at binance.
almost 60% of the circulating suply is locked and staked. to unstake you will need to wait your dot to be unlocked 28 days !. so asuming most of the holder trying to unstake it since the day binance list it(19 august 2020), they will need to wait another 28 days to get their DOT !. on the other side, some exchange like poloniex, bittrex have huge price gap for DOT, its even peaked $80 on poloniex and peaked $10 on bittrex, some people might try to arbitage but their wallet on poloniex and bittrex were on maintenance mode which mean you cant deposit there. comment below if im wrong.
almost 60% of the circulating suply is locked and staked. to unstake you will need to wait your dot to be unlocked 28 days !. so asuming most of the holder trying to unstake it since the day binance list it(19 august 2020), they will need to wait another 28 days to get their DOT !. on the other side, some exchange like poloniex, bittrex have huge price gap for DOT, its even peaked $80 on poloniex and peaked $10 on bittrex, some people might try to arbitage but their wallet on poloniex and bittrex were on maintenance mode which mean you cant deposit there. comment below if im wrong.
Comment:
nice bounce. number go up. daily need to close and reclaim 6.4 at least.
Trade closed: stop reached