DOT is looking promising on the daily timeframe. We've got a bullish wedge pattern forming beautifully, with a solid bounce off a strong support level (0.61 Fib)
safest entry is to wait for the breakout. Targets? They're clearly marked on the chart for you to aim for. As for your stop loss, the choice is yours:
Place it below the green support zone, or better Tuck it under the lower trendline of the wedge. Just make sure it’s based on a daily candle close.
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.