Hello all, thought I would do another two line analysis. Currently DOT seems to have created a long term support into a large daily "bullflag" or ascending triangle with higher lows. Looking good. Please do your own DD before investing in anything.
Got a clean bullish scenario here. If this breaks to the upside we will see some good action. Symmetrical triangles pump to the up side the height of the open end measured from the last lower support touch up. That will conclude the first leg then we will drop down into the cup and then back up beyond the first leg charted here. If you enjoy my content throw me a...
dotusdt 4H timeframe breakout wait fib channel
An analysis idea for DOT of the approximate fall and subsequent pump following this fall off of the third hill of a bullish ascent.
DOT is very bullish, and printed a nice bullish structure "Ascending triangle" on ltf. CROSS indicator is long from the bottom, and its a nice ROE.
Polkadot Analysis - 1 September