DOT, the big players have gathered liquidity. What to do now?

5 Oca 2022

The DOT has been in a trading range between the $31 and $24 levels for the past month. It's worth noting that the big players have been collecting liquidity from both buyers and sellers. It is dangerous to open transactions while the price is in the middle of the trading range, because it is not known yet who is stronger sellers or buyers. The best decision now is to wait for a clear confirmation.

In the case of a squeeze and breakout of a key level there can be a good opportunity for buying. In the case of a false breakout it is worth opening a reverse position.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.