Got a clean bullish scenario here. If this breaks to the upside we will see some good action. Symmetrical triangles pump to the up side the height of the open end measured from the last lower support touch up. That will conclude the first leg then we will drop down into the cup and then back up beyond the first leg charted here. If you enjoy my content throw me a...
Wassup moonboys i found u an interesting trading setup. In 4h charts DOT seems to be forming bear flag and in even shorter time frame it seems to form bullish pennant. So hear me out, you should be watching the 4.98$ territory closely. If Dot breaks that support range i would start a short and sett my short targets around 4,25$ or even 3,5$. The other scenario...
Key resistance and support levels to watch.
5:1 Risk ratio
New entries look for a breakout past current resistance for confirmation,
or a pull back for retest of trend line.
As usual observe bitcoin, stocks and dollar index for a macro view that will change the overall trend.
Happy Trading.
DOTUSDT - LONG - TARGETS 16.25%
Entry - 5.4226
TP1 - 5.7737
TP2- 6.3040
SL- 5.0571
Please comment with thoughts and how you get on.
If you like the idea, then hit like on the idea & support with a follow.
Good luck out there & Your investments are your responsibility.
ma lines are coinciding nicely with drawn support.
funny how ta works
will probably see a move to those lines and possibly breaking through.
bearish divergence on rsi while volume aggregation tool sees decreasing buying pressure while sell pressure remains.
if no bull steps in we will surely see a decrease.
not financial advice.
stay safe.
H
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DOTUSD H4: BEST Level BUY/HOLD 200%+ gains (SL/TP)(NEW)...
You can entry at blue price area
but if break yellow trendline, risk taker can OP short until purple line area or Just waiting for long
Price will be hit red Line if BTC dump hard
