Hexxi

Possible pullback, fractal cycle

Hexxi Updated   
BINANCE:DOTUSDT   DOT / TetherUS
Will history repeat itself here?

retracement during the summer pulled back to fib 0.618 from ~6.40 to 3.75

if this pattern repeats, there's a possible pullback to 6.31 support from the previous high range of the band identified in my OCT chart for DOT.

I am long DOT adding to this position if this pullback occurs.
Comment:
target for this pullback ~7.7, bullish longer term target of ~17
Comment:
~7.7 target reached.
Comment:
1.618 fib target reached.
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.