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jazerbay
Apr 1, 2021 11:31 PM

DOT/USDT lot of mess for a simple double topπŸ˜†Β 

DOT / TetherUSBinance

Description

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Hello traders and investorsπŸ˜„,
Had a little fun with this one. Sorry for the mess, but it is meant to be simple :

DOT USDT breaking out to hit a double-top, then reach a new highest high either now, or after reconsolidation.
~entry now, (38.0)
~exit 42.0 (watch for a new high is possible though)
~stop loss 36.9, 36.5, 35.5, 34.0

This is just an estimation, a chart of possibilities. Please trade at your own risk!
Jazerbay πŸ’•

Comment

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P.S. Remember to always keep an eye on BTC. This prediction largely depends on BTCs movement, a sudden breakdown can be very dangerous!πŸ˜ŠπŸ‘
Comments
Helical_Trades
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Nice chart just like always !

Detailed analysis with premium contents..

Thanks for sharing dear πŸ™‹β€β™‚οΈ
jazerbay
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@Helical_Trades, thanks much really appreciate it β«πŸ˜„πŸ˜Š
Henry_Ross
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Good work, thx!
jazerbay
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@Henry_Ross, thanks so much HenryπŸ˜ƒπŸ±β€πŸ‘€πŸ±^_^
cyberalchemy
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Are you saying DOT is on the highway to the danger zone?
jazerbay
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@cyberalchemy, only after it hits 42.0. If BTC has a deep correction today I would expect DOT to also have a deep correction. If BTC does not drop then I think DOT is on its way to 42 pretty quickly, from there watch for it to stay in the green zone, if it does, watch for another ⏫ before the dip. Long story short, I'm long on DOT😝
cyberalchemy
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@jazerbay, I do expect at least somewhat of a correction with BTC over the next few days. I've noticed that it often switches direction at about the midpoint between the 4 main moon phases and that happened 2:30am UTC. I might be wrong with the Easter weekend messing up the usual flow, but I think we hit the top for now. I've been hodling some DOT for months and am long for sure, but I'd welcome a dip down to the danger zone to buy a bunch more.
jazerbay
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@cyberalchemy, absolutely! Thank you for your input πŸ’•
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