DOT - Cup 'n handle pattern @weekly, long position to 12$
2025-01-22
Category: None

CRYPTOCAP:DOT  seems to be forming a cup n' handle pattern in the weekly chart, with the handle bottoming at 6$. Expect a good long entry between 6-6.50$ and position a stop loss near 5.8$, with 1-3 take profit exits up to 12$.

  

As this coin and project always seem to be undermarketed on social media and all the FUD regarding inflation, play with caution with expectations of a moon shot after reaching 12$.

The biggest influential move to happen soon is the confirmation of the People's Bid buying TikTok, which would host all that social media on One Frequency, which is based on Polkadot Chain.