Hello, fellow traders!
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.
Good luck, and may the profits roll in! 🚀
DOTUSD DOTUSD 
DOTUSDT DOTUSDT.P DOTUSDT 
BTCUSDT
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.
Good luck, and may the profits roll in! 🚀
DOTUSD DOTUSD DOTUSDT DOTUSDT.P DOTUSDT BTCUSDT Note
I'm still in the trade—price hasn't broken the lower trendline of the wedge. HODL.
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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.
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.