DOT weekly - interresting
Sep 26, 2022 6:04 PM
Well, good evening!
Hope you are fine and your trades are gooing well. Today i took a look at the DOT weekly chart and let`s see what i found
DOT weeklyAs you can see this is the weekly chart from DOT. In short. What a rally of pump and dump.
But when we looks a little bid closer than we see a trendline which is more or less will do a thing. If we turn bullish well then my friends i will take a long position.
What do i need for a LONG:
- First of all i need a break in the trendline to the upside with a full body close
- Then we should also bounce from the last line of support
- Then we need some good news
On the other side.
What is needed for a Short:
TO be honest not so much.
- We only need a few bad news and of course.
- Also from a technical standpoint, when we lost the last line of defense
This is it. And remember this is no financial advice this is only loud thinking.
Cheers Mchoeti
And here is the link to the TV Image:
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