There is an ending diagonal pattern being formed on Polkadot and DOT is near resistance, there is a clear sign of buyers exhaustion, hence wait for a breakout of the dynamic support and short it.
The price trajectory on the chart is just an assumption, wait for the pattern confirmation to go long.
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DOTUSD H4: BEST Level BUY/HOLD 200%+ gains (SL/TP)(NEW)...
$DOT / #USDT
Reclaimed / flipped 5.1$ level back to support...
Looking for continuation (BTC needs to help), toward ~5.7$ as 1st target from here..
Chart too short for UCTS to display signals yet!
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 - LONG - TARGETS 16.25%
Entry - 5.4226
TP1 - 5.7737
Please comment with thoughts and how you get on.
If you like the idea, then hit like on the idea & support with a follow.
Good luck out there & Your investments are your responsibility.