DOT hasn't had a big correction for a while.
If DOT breaks out of the falling wedge we will see a correction between 34.2703 to 29.5545 if this is the case we would have a good buying opportunity.
When we look at the RSI Indicator we can see that DOT is at a critical point, if we break below the 38.05 RSI line we will see a correction.
If we manage to stay above 48.54 I think we will continue to remain bullish.
I think we will see a huge pump after the correction.
TP1: 37.6266
TP2: 42.3867
TP3: 44.8217
These are just my thoughts don't take this as financial advice. Good luck :)
😀We managed to hit our target on the double bottom pattern (14.04%). 😀
If DOT breaks out of the falling wedge we will see a correction between 34.2703 to 29.5545 if this is the case we would have a good buying opportunity.
When we look at the RSI Indicator we can see that DOT is at a critical point, if we break below the 38.05 RSI line we will see a correction.
If we manage to stay above 48.54 I think we will continue to remain bullish.
I think we will see a huge pump after the correction.
TP1: 37.6266
TP2: 42.3867
TP3: 44.8217
These are just my thoughts don't take this as financial advice. Good luck :)
😀We managed to hit our target on the double bottom pattern (14.04%). 😀