Polkadot - Short Swing Trading Idea - 3 August 2022
DOTUSD in next three days I expecting the price to take off at least 10% to levels over $8.80. In higher time frames and in 1-2 months period we really can expect a big move to over $11.00 from current levels. What is the supported thesis technically for the expected scenario on DOT?
- By Elliot waves we are in A-B-C correction and at this moment it's C
- Almost 60% correction and forming of good price action indications
- Test on downside of the channel and once the price enter again in channel will rocket
If you have any questions related to this trading idea I will be happy to provide you with answers.
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