Hi dear friends, hope you are well, and welcome to the new update on Polkadot (DOT) coin.
Previously we had a nice trade by DOT:
Now on the 2-day time frame chart, the price action of Dot is forming the final leg of the bullish Shark pattern.
Buying and sell targets for Shark move:
Buy between: $29.66 to $24.94
Sell between: $33.88 to $43.34
The maximum extent of the potential reversal zone to $24.94 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 73.5%, and a loss possibility up to 16%.
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:
Link for Binance exchange, the best place to buy or sell Crypto: