DOT forming Cup&Handle upward moveBINANCE:DOTUSDTPERP
possible move to upwards movement
long at the handle breakout
FOLLOW FOR MORE
FROM: 𝕄🌚🌚ℕ𝕋𝔸ℕ𝔾 ℂ𝕃𝔸ℕ™️
Dotlong
Grab some DOT/USDTDot is near its support, it can either bounce back from $10.3 or it can surpass $10.3 and bounce at $7.82 and it can reach from $16-$20
dot spot buy we can se chart how beautifully its bullish.
the price is in flag and creating a W pattern which can be easily broken if btc is same stable this way
macd and rsi are in bullish sign too if the price test and break the trendline than it will be a nice bullish sign we can go long than
else if it rejects the dot has already created a bearish flag ignoring the W pattern than it will fall so we have short signal than
spot buys can consider to buy here with nice stop loss the price is high chances to rise as btc is getting stronger too and market is green today with nice volume
manage risk according to your need happy trading
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Trading Signal For DOTUSDT Trading Signal:
A Trading Signal is seen in the DOTUSDT Polkadot
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 30.5
⭕️SL: Close below 29.10
🔵TP1 @ 35.0
🔵TP2 @ 39.35
🔵TP3 @ 49.20
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Dot break it downtrend as well as 21DMA, looks promising!! #dot(Welcome to this quick update everyone)
Trading suggestion:
In Daily timeframe Chart, Once Again Bulls Are Back in Town, Daily MA21 got Cleared & turned into Support.
At the Moment, bulls will try testing the Key Horizontal Resistance 17.92, If Daily Candle Closed Above the 17.92(Daily Resistance), Next Would be 26.29 then 39.39. In Case of Rejection, dot Might Retest the MA21 (13.87).
Technical analysis:
. DOTUSDT is breaked the downtrend as well as 21-Day MA , and the beginning of an uptrend is expected.
. The price will try 50-Day MA, which acts as a dynamic resistance.
. The RSI is trying to break its downtrend, if it break then dot will get momentum from here.
Take Profits:
TP1= @ 26.29
TP2= @ 39.39
TP3= @ 49.90
TP4= @ 60
SL= below 10 usdt on daily closed bases
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