DOTUSDT 1D - At Lows, Time to BUY?
2024-10-08

DOTUSDT 1D - At Lows, Time to BUY?

POLKADOT is one of the great projects of the last bull run that reached its highs at $55 but is currently at lows around $4.

It seems impossible for it to fly so high again, but we can set more realistic expectations.

LEVELS:

SL: 3.5
TP1: 6.6
TP2: 9.6
TP·: 16

All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downwards or upwards, for the orders to be executed in one direction or the other, taking the necessary deposits from your wallet.

TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.

This tool is in the development process and the BETA will soon be ready for testing.

FOLLOW ME and I will keep you informed of the progress we make.

I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)