Long
$DOTECO/USDT 1h (Binance Futures) Ascending channel on support
DotEco (Polkadot Ecosystem) was launched 5 days ago and I think it will continue upwards at least short-term.
Current Price= 1085.2
Buy Entry= 1082.9 - 1068.3
Current Price= 1085.2
Buy Entry= 1082.9 - 1068.3
Note
More info about #DotEco Composite IndexThe underlying asset of the DOTECO Composite Index perpetual contract consists of a basket of Polkadot Ecosystem protocol tokens listed on Binance.
The index price is calculated using weighted averages of real-time prices of the tokens on Binance and is denominated in USDT.
As of today,
KSM (Kusama) is leading the pack with around 55% dominance, then comes $REEF (ReefFinance) ~22.3%, 
AKRO (Akropolis) ~13.5% and $DOCK (Dock) ~9.2%!binance.com/en/support/faq/619b8baa275a43f69a6c02eb16df07b3
You can see updated weights here on "Component Info" tab under the chart:
binance.com/en/futures/funding-history/3?contract=DOTECOUSDT
Trade active
All entries filledSo far support is holding, time to look up now DotEco 🤞🏼
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.