In the loving memory of my child Muffin... i present you this chart analysis.. if this analysis helps you then please give me a like that would help me alot and encourage me to do more chart analysis...
DOTUSDT has formed a Head and shoulder pattern in the Daily time frame. It recently broke down the neckline support and started retracing from the support level. However, with no significant increase in volume during retracement and the price being resisted at the previous support level, it seems to dip more to 26 and 20 levels.
DYOR
In this DOT/USDT Chart you can see that it is forming bearish flag pattern in 30 minute Time Frame and wait for more confirmation, if it break outs upper trendline than it will be fakeout but if it breaks lower trendline than it will go down....
I will update and Don't FOMO right now......
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✅ Technical analysis
✅ up trend
✅ Triger area
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✅ Stop Lose area
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#-There is a possibility That We can see a Pullback to the suggested support line (42.73).
The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
Technical analysis:
. DOTUSD is in an Ascending Parallel Channel .
. The price is above the 50 Ema and It is also Acting as a...
#-There is a possibility That We can see a Pullback to the suggested support line (42.73).
The Analysis is based on personal Knowledge of technical analysis, Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
Technical analysis:
. DOTUSD is in an Ascending Parallel Channel.
. The price is above the 50 Ema and It is also Acting as a...
$DOT has been perfectly following the Fibonacci Fan and is in a massive bull trend. Taking resistance in the 0.25 level on the fan, and is ready to break it. The All Time High, which is at 50 USDT, might be broken at the end of next week.
On 4hr and daily time frame I found this rising wedge pattern, which is bearish in my opinion.
A good opportunity once it goes down to $40 level. I will be filling my bags with DOT at that price.
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Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (39.50).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Welcome to this quick dot/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- dot/usdt is bullflag confirm and entry green zone fast by the dip.
Entry:- $40.60, $41.40
Traget:- 15% to 20%
Stoploss:- $38.90
Remember:-This is not a piece of financial advice. All investment made by me is under my...
BINANCE
