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UnknownUnicorn10064030
Dec 24, 2021 10:57 AM

DOT/USDT - Potential 89% Setup Long

DOT / TetherUSBinance

Description

Hello Traders!

The upward movement of DOT has corrected to the Fibonacci level of 0.618, as a result, the price stands in the buyers zone of interest of $25.00 - $28.50.

This opens up a good potential for a medium-term trade with a good risk/profit ratio.

We can look for buy entry in the range of $26.00 - $30.00

The position should be closed by the stop-loss if the price goes under the mark of $21.75.

The profit taking targets will be price levels of
$39,00
$45,50
$54,00

Good luck and watch out for the market

P.S. This is an educational analysis that shall not be considered financial advice
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