Technical analysis by truepersonal about Symbol DOT: Sell recommendation (3/13/2024)

Greetings everyone!I would like to share with you the analysis of DOT (Polkadot).We have successfully exited the descending structure, which indicates a transition to the ascending structure. However, this does not prevent us from looking for short-term corrective trades with good reasons.We are currently seeing the filling of the monthly imbalance in the 11.14 - 14.18 range. Within this range, there is a weekly imbalance zone extending from 11.81 to 13.03. With a favorable risk-reward ratio, we may consider setups coming out of this zone.Our goal may be to eliminate inefficient pricing on the two-hour timeframe (FVG).So far so good.