Polkadot $DOT Price breakdown
This is a price breakdown of
BTCUSDT.P
based on Smart money concept in combination with Supply and demand and candlesticks.
By using the following:
- Fractals Period 2: major and minor high and lows were identified.
- Trend Change and break of structure were drawn to identify the trend.
- Supply and demands zones were identified by using reversal patterns such as engulfing candlesticks to ensure area of entries and exits.
- Fair value gaps were identified on the charts to identify future reversals.
I believe after market shift formation, Price tends to break the structure to revisits previous demands and supply zones. In this case, It is around a demand area which may indicates a possible bullish signals.
Entry and exits with stop loss are drawn.
BTCUSDT.P
based on Smart money concept in combination with Supply and demand and candlesticks. By using the following:
- Fractals Period 2: major and minor high and lows were identified.
- Trend Change and break of structure were drawn to identify the trend.
- Supply and demands zones were identified by using reversal patterns such as engulfing candlesticks to ensure area of entries and exits.
- Fair value gaps were identified on the charts to identify future reversals.
I believe after market shift formation, Price tends to break the structure to revisits previous demands and supply zones. In this case, It is around a demand area which may indicates a possible bullish signals.
Entry and exits with stop loss are drawn.
Trade closed: target reached