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Tolberti
Jul 5, 2022 6:55 PM

PolkaDot DOTUSDT - ABC completed! Elliott Wave + Channel Long

DOT / TetherUSBinance

Description

- On the weekly/3D chart we can see a parallel channel and the price is currently on the support of the channel.
- Due to my Elliott Wave analysis - the ABC correction has been completed successfully and now we are prepared for another bullish market!
- 0.618 FIB is the strongest FIB level and the price si currently sitting on this level.
- If we take a look at the RSI indicator, we can spot a nice bullish divergence with a lower high!
- Wave 1 horizontal support (previous swing high) from 2020 is another great support that we have.
- Look at my ideas about another interesting altcoins in the related section down below ↓
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Comments
bL1TZZ
Looks good mate!
Tolberti
@bL1TZZ, Thanks for sharing your view!
Tolberti
Post your questions, comments and related ideas about DOT here. I look forward to your comments!
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