Get started
FutureBlockchain

DOTUSDT, Polkadot - finally breaking out of the range

Long
DOT / TetherUS (BINANCE:DOTUSDT)  
FutureBlockchain Updated   
BINANCE:DOTUSDT   DOT / TetherUS
Trend Analysis Chart Patterns Technical Indicators DOT polkadot Ethereum (Cryptocurrency) Bullish Patterns ALTS altseason
7
0
trendanalysis chartpattern indicator dot polkadot ethereum bullish alts altseason
Hello all,

The DOTUSDT pair is finally ready to break out of the big old range after hitting its lower boundary (demand) three times. The consolidation period is over and we have a soon-to-happen break of the horizontal/diagonal resistance cluster around $41.

Next targets are on the chart with the above-mentioned resistance set to become support.

The current setup is also confirmed by the Weekly chart bullish rectangle pattern

snapshot

Cheers,
Comment:
DOT currently breaking out of the downtrend line
Comment:
Target 1 reached

Related Ideas

FutureBlockchain
DOT, Polkadot - potential long targets
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.