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JohnnyCageWins

Either a Cup and Handle or a Bull Pennant

DOT / TetherUS (BINANCE:DOTUSDT)  
JohnnyCageWins Updated   
BINANCE:DOTUSDT   DOT / TetherUS
Chart Patterns Cup And Handle Pennant
14
7
chartpattern cupandhandle pennant
I drew a cup and handle pattern on DOT. This is a bullish pattern.

For confluence, I also found a bullish MACD cross and a falling wedge in the RSI.

Let me know what you guys think!

If the cup and handle I drew seems outrageous, there is always the possibility that the handle can be a Bull Pennant which is also a bullish chart pattern.
Comment:
More confluence:

12H timeframe RSI Bullish Divergence

TD Sequential 9 flash

Both indicators are bullish

snapshot
Comment:
Correction to above comment:

Daily timeframe (not 12H timeframe)
Comment:
Things are looking more bullish

snapshot

Here are the bullish technicals I see:
1. Price is possibily breaking out of the falling wedge in the RSI.
2. The Trend Catcher on the Lux Algo indicator turned green on the daily.
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