Today I tried selling Polkadot with a stop-loss order at 1.4656 and a take-profit order at 1.4061. Polkadot on the M15 timeframe. In the context of technical analysis, when the price moves within a range like this after a sharp decline, it often forms a bearish continuation pattern.
The open sell position I made on Polkadot touched the stop loss and I lost $0.16. For today, I think Pokadot will still go down, therefore I will still look for selling opportunities
