Either a Cup and Handle or a Bull Pennant
Updated
I drew a cup and handle pattern on DOT. This is a bullish pattern.
For confluence, I also found a bullish MACD cross and a falling wedge in the RSI.
Let me know what you guys think!
If the cup and handle I drew seems outrageous, there is always the possibility that the handle can be a Bull Pennant which is also a bullish chart pattern.
For confluence, I also found a bullish MACD cross and a falling wedge in the RSI.
Let me know what you guys think!
If the cup and handle I drew seems outrageous, there is always the possibility that the handle can be a Bull Pennant which is also a bullish chart pattern.
Note
More confluence:12H timeframe RSI Bullish Divergence
TD Sequential 9 flash
Both indicators are bullish
Note
Correction to above comment:Daily timeframe (not 12H timeframe)
Note
Things are looking more bullishHere are the bullish technicals I see:
1. Price is possibily breaking out of the falling wedge in the RSI.
2. The Trend Catcher on the Lux Algo indicator turned green on the daily.
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