Dot.Dot saw a clean 5 wave impulse which started back in August of 2020,
the impulse completed in November of 2021.
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since that peak, dot has been correcting in what looks to be a simple zig-zag (labeled as a-b-c).
-on june 15th, the correction will have lasted exactly 50% the time it that it took for the impulse to be completed.
-there's also a full moon on the 15th of june.
-full moons are historically very bullish indications in the market.
-dot is forming a triple bullish divergence on the daily time-frame.
-currently in a multi-day squeeze.
a lot of confluence at $6.73,
-midline of bear channel,
-100% extension
-0.50% in fib time when measuring against the impulsive move.
there is a very high area of liquidity just beneath, between $5.78~$5.14.
this area could technically be raided with a wick.
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Imminent reversal is expected just after June 15th,
Bullish.
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ps. if you have any coins you want me to take a look at, leave them in the comments, or pm me.
