FieryTrading

🔥 DOT Channel Reversal

Long
BINANCE:DOTUSDT   DOT / TetherUS
DOT has been consolidating since half March. During this consolidation, DOT has formed a channel.

With the most recent BTC dump, the channel support has held and the price didn't fall through it. Potentially, this could be an early sign of a reversal of the price.

Before entering the trade, wait for the reversal to be confirmed.

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