DOT/USDT - 15 min - Bullish Divergence
Quick scalp idea for anyone here looking to long DOT. Clear bullish divergence. News backing it up. enjoy the ride.
Entry = $41.
SL = $38.2
TP = $49.7
Entry = $41.
SL = $38.2
TP = $49.7
Comment:
Maybe entry can be now or even $41.50. Depends on your risk tolerance.
Comment:
I really thought the previous set up we would have broken out of the wedge already. Rule #1 - anything can happen.
Updated wedge. Look for a move (higher chance to the upside) within 5 hours i.e. around 12pm UTC 14th October - according to this idea:
Updated wedge. Look for a move (higher chance to the upside) within 5 hours i.e. around 12pm UTC 14th October - according to this idea:
Comment:
Forced to zoom out to hourly range. Market is a bit funky right now... but DOT's PA is still respecting this falling wedge. Key support to the PERP trading pair seems to be that $39.818. No close below it yet. The RSI is showing a possible trend reversal; MACD obviously lags behind. So let's see how this plays out over the next 24 hours.
Forced to zoom out to hourly range. Market is a bit funky right now... but DOT's PA is still respecting this falling wedge. Key support to the PERP trading pair seems to be that $39.818. No close below it yet. The RSI is showing a possible trend reversal; MACD obviously lags behind. So let's see how this plays out over the next 24 hours.