🔍 Polkadot (DOT/USDT) Technical Breakdown
Currently analyzing DOT/USDT, and when we zoom out to the higher timeframes (📆 weekly and daily), it’s clear that price remains in a macro bearish trend 📉. We’ve recently seen a deep retracement into the upper end of the range — a region I would classify as premium pricing 💰.
Despite the recent bullish momentum 🔼, I'm exercising caution when it comes to long positions. From a value perspective, this isn’t where I want to be buying. Instead, my bias leans bearish — but only if specific criteria are met. ✅
I'm watching closely for a clear break of the current range, ideally with:
1️⃣ A market structure break
2️⃣ Strong price displacement (to confirm intent)
3️⃣ A shift in order flow and momentum to support a downside move 🚨
These concepts are influenced by a blend of Wyckoff theory and ICT (Inner Circle Trader) principles 🧠, which I walk through in detail in the video.
📚 As always, this is for educational purposes only — not financial advice. 💼❌
Currently analyzing DOT/USDT, and when we zoom out to the higher timeframes (📆 weekly and daily), it’s clear that price remains in a macro bearish trend 📉. We’ve recently seen a deep retracement into the upper end of the range — a region I would classify as premium pricing 💰.
Despite the recent bullish momentum 🔼, I'm exercising caution when it comes to long positions. From a value perspective, this isn’t where I want to be buying. Instead, my bias leans bearish — but only if specific criteria are met. ✅
I'm watching closely for a clear break of the current range, ideally with:
1️⃣ A market structure break
2️⃣ Strong price displacement (to confirm intent)
3️⃣ A shift in order flow and momentum to support a downside move 🚨
These concepts are influenced by a blend of Wyckoff theory and ICT (Inner Circle Trader) principles 🧠, which I walk through in detail in the video.
📚 As always, this is for educational purposes only — not financial advice. 💼❌
🔥👀👉 HOW TO TRADE ASIA, LONDON & NY SESSION OPEN:
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🔗 youtu.be/r_uDB22ccPA
👀 👉Join Our DISCORD:
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👀 👉 TELEGRAM:
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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.
🔥👀👉 HOW TO TRADE ASIA, LONDON & NY SESSION OPEN:
🔗 youtu.be/r_uDB22ccPA
👀 👉Join Our DISCORD:
🔗 discord.com/invite/PcBeCdwVQq
👀 👉 TELEGRAM:
🚀🔗 t.me/anthonys_forex
🔗 youtu.be/r_uDB22ccPA
👀 👉Join Our DISCORD:
🔗 discord.com/invite/PcBeCdwVQq
👀 👉 TELEGRAM:
🚀🔗 t.me/anthonys_forex
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.