Crypto-Keeper-Zonk

Symmetrical Triangle Continuation Pattern

Short
BINANCE:DOTUSDT   DOT / TetherUS
Looks like things dropped as expected. Low volume pullback and formation of symmetrical triangle is good indication that we will be continuing the downtrend until low $17s...however I will be taking profit around the 17.50ish range as DOT loves to mess with me. Again long term BULL but scalping DOTS
Comment:
Retesting lower trend of triangle w no volume hopefully heading back down
Comment:
BOOOOO!!! Idea invalidated. Stopped out
Comment:
It ended up hitting exactly but not before some good ole market manipluation to stop me out
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.