Damn... I had written this before and I cancelled by mistake!
Ok, I'll summarize. After such kind of patterns (triangles but especially ascending channels) breaks downwards it's very commond that once they start reversal the recovery is stronger than the dump. DOT has already recovered 14%, probably will retrace a bit so I'd suggest to set a buy price below 31.9USDT.
Try not to FOMO, it's hard for me but I'm giving you this advice because FOMO makes you buy at higher price, when it doesn't make you do wrong buys.
STOP LOSS at 29.494USDT if you enter between 33-32USDT, adjust it according with your entry price.
Volume profile shows that the control line is very close to my support so it must hold, if it doesn't sell everything!
Good luck!
Ok, I'll summarize. After such kind of patterns (triangles but especially ascending channels) breaks downwards it's very commond that once they start reversal the recovery is stronger than the dump. DOT has already recovered 14%, probably will retrace a bit so I'd suggest to set a buy price below 31.9USDT.
Try not to FOMO, it's hard for me but I'm giving you this advice because FOMO makes you buy at higher price, when it doesn't make you do wrong buys.
STOP LOSS at 29.494USDT if you enter between 33-32USDT, adjust it according with your entry price.
Volume profile shows that the control line is very close to my support so it must hold, if it doesn't sell everything!
Good luck!