DOT next breakout target => 52
As you can see, DOT is trying to re-enter the triangle pattern, we have to see the 4H candle break above the bottom white line to confirm the next big breakout. Though I'm pretty bullish with the current situation of BTC breaking above 59,000 again. Other alts have already pumped, but DOT has been dormant, so I believe it's preparing to make a HUGE move very very soon.
And as you can see from the volume, it's forming a descending triangle which also supports the huge upside breakout move. Put in a long position once we break above 37.4. if we break below, the next huge support line is at 25.4.
Trade wisely folks, peace.
And as you can see from the volume, it's forming a descending triangle which also supports the huge upside breakout move. Put in a long position once we break above 37.4. if we break below, the next huge support line is at 25.4.
Trade wisely folks, peace.
Trade active
DOT just broke through the triangle, it broke through the 37 resistance! If I were you, I would put in a long position now
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.