DOT: Next Target 5.4 ???
On DOT Chart we can see that the price already broke out from one bearish "Flag Pattern"
and so far the price is accumulating again.
The chances are higher that we may see another "Flag Pattern" to be confirmed soon.
A breakout from the pattern should push DOT even lower as shown on the chart.
The first support zone will be found near 6.
Once the price crosses $6, then it will open the door for further declines to $5.4
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
On DOT Chart we can see that the price already broke out from one bearish "Flag Pattern"
and so far the price is accumulating again.
The chances are higher that we may see another "Flag Pattern" to be confirmed soon.
A breakout from the pattern should push DOT even lower as shown on the chart.
The first support zone will be found near 6.
Once the price crosses $6, then it will open the door for further declines to $5.4
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade closed: target reached
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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.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.