A head and shoulder reversal pattern has formed on $DOT. If 
BTC continues to dump it will drag down altcoins with it and this pattern will activate. If that happens I expect it will bounce around the 161.8 fibonacci extension which coincides with a retest of a major falling wedge pattern that we broke out of earlier this year.
I remain bullish on
DOT in the long run and I am keeping an eye on the weekly cloud E2E trade which I expect will play out later this year. A short term dump will be a good opportunity to load up big for that.
BTC continues to dump it will drag down altcoins with it and this pattern will activate. If that happens I expect it will bounce around the 161.8 fibonacci extension which coincides with a retest of a major falling wedge pattern that we broke out of earlier this year.I remain bullish on
DOT in the long run and I am keeping an eye on the weekly cloud E2E trade which I expect will play out later this year. A short term dump will be a good opportunity to load up big for that. Trade fechado: stop atingido
The market has clearly reversed and also DOT just activated the edge to edge trade on the weekly timeframe that I was anticipating.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.