DOT - bullish pattern 
2025-01-16
Category: None

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! 🚀

  COINBASE:DOTUSD   BINANCE:DOTUSD   BINANCE:DOTUSDT   BINANCE:DOTUSDT.P   KUCOIN:DOTUSDT   BINANCE:BTCUSDT  