DOTUSDT 1H trend chart - $41.995 is a nice timing because confirmation of breaking out the downtrend line Also, potential double bottom is forming, so I regard it as a great time for entry. Trading strategy as below - Profit Targets: a) 43.240----Fib(1) b) 46.275~47.505----Fib(1.272~1.382) c) 50.135----Fib(2) Stop losses: a) 39.500----Red horizontal ray - If you like this analysis, give it a like and leave a comment below to share your perspective or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.