Polkadot (DOT) formed another Shark for upto 81.5% move

By moon333 | moon333 | 20 May 2021


Hi dear friends, hope you are well and welcome to the new update on Polkadot (DOT).

The previous trade setup of Dot produced more than 63% gains:

FvdNlM1K_big.png

 

After more than 63% rally:

1.jpg?token-time=1622764800&token-hash=KTx4ejEehUjeX9kTA0_-fMAOG68GYmwIKe_EFhSnkKA%3D

https://www.tradingview.com/chart/DOTUSDT/FvdNlM1K-Polkadot-DOT-finally-completed-Shark-for-upto-73-5-move/ 

 

Now this time the price action of DOT has formed another Shark pattern on 2-day chart.

kHvjBO3M

https://www.tradingview.com/chart/DOTUSDT/yPs9Gcty-Polkadot-DOT-formed-another-Shark-for-upto-81-5-move/ 

 

Buying and sell targets for Shark move:
Buy between: $28.60 to $24.39

Sell between: $34.09 to $44.34

Stop loss:
The maximum extent of the potential reversal zone to $24.39 can be used as a stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 81.5%, and a high loss possibility up to 15%.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

 

 

For more harmonic trading ideas you can join:

https://www.patreon.com/moon333

 

Link for Binance exchange, the best place to buy or sell Crypto:

https://www.binance.com/?ref=11256882

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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