DOT / TetherUSLong
DOT: resistance is the first step to change
Symmetrical triangle
Advise to beginners: spot trading = safer (HODL in case price goes down).
Not financial advise.
I am not an expert, just my opinion.
Feel free to share your views.
Good luck!
- Textbook: wait for confirmation ➡ breakout of triangle
- Volume still low
- RSI looks good
- MACD & STOCH RSI cross-over ➡ bullish signal
- Red dotted lines ≈ key resistance levels
- Psychologic levels: $40/$45/$50
- Higher timeframes = safer
- Caution: BTC volatility may affect the entire market
Advise to beginners: spot trading = safer (HODL in case price goes down).
Not financial advise.
I am not an expert, just my opinion.
Feel free to share your views.
Good luck!
Disclaimer
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.
Disclaimer
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.