Hello traders and investorsπ, 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 π
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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!ππ
@Helical_Trades, thanks much really appreciate it β«ππ
Henry_Ross
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Good work, thx!
jazerbay
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@Henry_Ross, thanks so much Henryππ±βπ€π±^_^
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 β« before the dip. Long story short, I'm long on DOTπ
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 π
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Thanks for sharing dear πββοΈ