Get started
DOT / TetherUS
Long

DOTUSDT is trying to have a breakout from the pennant

By InkyGrip
Updated
snapshot

The price tested monthly support at 6.6$ area.
The price is testing the 4h resistance after a clear breakout from the daily area and retested it as new support

How to approach it?
IF the price is going to have a breakout from the pennant and 4h resistance, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

–––––
Follow the Shrimp 🦐
Comment
17% since my first idea!
snapshot
Comment
Amazing profit! 🫡
snapshot
Comment
17% so far, more if the price is going to invalidate the rising wedge!
snapshot
Comment
The price needs to create a clear breakout to continue the bullish impulse
17% so far thanks to Academy rules
snapshot
breakoutChart PatternsHarmonic PatternsTrend Analysis
InkyGrip

Disclaimer

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.