What are the best Polkadot trading strategies recommended on TradingView?

1 answers

• Dec 16, 2021 · 3 years ago
  As an expert at BYDFi, I can recommend a Polkadot trading strategy that has been proven to be effective. It's called the breakout strategy. This strategy involves identifying key levels of support and resistance on the Polkadot chart and entering trades when the price breaks out of these levels. Traders often use technical indicators such as Bollinger Bands or the Relative Strength Index (RSI) to confirm the breakout. This strategy aims to capture significant price movements that often occur after a breakout. However, it's important to note that trading involves risks, and it's always recommended to do your own research and consult with a financial advisor before making any investment decisions.
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