DOTUSDT, Polkadot - finally breaking out of the range
Updated
Hello all,
The DOTUSDT pair is finally ready to break out of the big old range after hitting its lower boundary (demand) three times. The consolidation period is over and we have a soon-to-happen break of the horizontal/diagonal resistance cluster around $41.
Next targets are on the chart with the above-mentioned resistance set to become support.
The current setup is also confirmed by the Weekly chart bullish rectangle pattern
Cheers,
The DOTUSDT pair is finally ready to break out of the big old range after hitting its lower boundary (demand) three times. The consolidation period is over and we have a soon-to-happen break of the horizontal/diagonal resistance cluster around $41.
Next targets are on the chart with the above-mentioned resistance set to become support.
The current setup is also confirmed by the Weekly chart bullish rectangle pattern
Cheers,
Note
DOT currently breaking out of the downtrend lineNote
Target 1 reached
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