BINANCE:DOTUSDT   DOT / TetherUS
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6
Dot looks really bullish to me and hasn't pumped that much. It's forming a nice Bullflag on the 1 and 4 hour timeframes.

There is a golden cross incoming and the price stayed above the 200MA. I'm waiting for the breakout. The triangle is running out of room so it's desicion time. It's ready to going to the moon. :D

Like always do your own reasearch and let me know what do you think about my idea.

I hope you enjoyed my last ideas.

Cheers Cryptofox

Trade closed: stop reached: SL triggered because correction on BTC.

Better luck next time :-)

Comments

golden cross what's that
+1 Reply
@kris_calm_bull A golden cross indicates a long-term bull market going forward, while a death cross signals a long-term bear market. This are trading indicates (the different colored lines) you see in my chart.

Every line is an other moving average the most popular lines are the 50 and 200day MA. These lines show you the average price trend of the last 50 or 200days, depends on which line you are looking at.
Reply
@sifan90 Thanks bro 😊 The 50MA and 200MA are forming the golden cross. 😉 (pink and the green line)
+1 Reply
Great analysis. May I know which two lines are forming the golden cross?
+1 Reply
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