Anyways enough venting and back to charts.
DOT has reached in my opinion a level of Support that was reached on the 23rd of feb. before retracing all the way up back to the $23 level. That is a 67% gain and worth a trade to get into in my opinion. A healthy R: R in my opinion.
Obv that is the HomeRun level we would desirable want to reach but. Like eating a cake – we do it piece by piece, having TPs along the way. As indicated by each yellow horizontal line, is a TP level and Sl will be adjusted as we go along.
Currently up 5 % but skeptical that this is just a Lower High being formed. Non the less I am risking 1 % of my capital on this trade if SL is hit my psychology will be OK with that.
PS: This is in no way financial advice (only my perspective)
To all the traders out there. Stay calm and focus on risk management.