FieryTrading

🔥 DOT Might Bounce Soon: Bullish Triangle Analysis

Long
BINANCE:DOTUSDT   DOT / TetherUS
Around 6 weeks ago I made an analysis where I discussed the bullish triangle pattern in which DOT has been trading for over a year now. With DOT closing in on the triangle's support, we might be looking into a potential bounce in the future.


In case DOT drops further, I'm looking at the $22-$20 yellow area for a potential bullish reversal. Target would be the top of the triangle, around $50.

Happy trading!

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