#DOT is currently moving sideways and forming a triangle pattern on the 1D timeframe. At the moment, there are no bearish signs on the chart, which indicates strength in the structure.
Key Points:
#DOT is consolidating within a triangle pattern.
A breakout with strong volume will confirm the next big move.
For confirmation, I will wait for the break of the resistance level.
After the breakout, the retest zone will be the ideal entry for a long trade with proper risk management.
Risk Management Reminder: Always wait for confirmation and manage your positions wisely.
This setup looks promising for swing traders who are waiting for the next big leg up.
What are your thoughts on #DOT? Do you think we will see a bullish breakout soon, or is more consolidation ahead? Drop your views in the comments!
If you found this analysis helpful, don’t forget to like, comment, and follow for more updates on #DOT and other altcoins!
Key Points:
#DOT is consolidating within a triangle pattern.
A breakout with strong volume will confirm the next big move.
For confirmation, I will wait for the break of the resistance level.
After the breakout, the retest zone will be the ideal entry for a long trade with proper risk management.
Risk Management Reminder: Always wait for confirmation and manage your positions wisely.
This setup looks promising for swing traders who are waiting for the next big leg up.
What are your thoughts on #DOT? Do you think we will see a bullish breakout soon, or is more consolidation ahead? Drop your views in the comments!
If you found this analysis helpful, don’t forget to like, comment, and follow for more updates on #DOT and other altcoins!
Nota
DOT is break the Triangle Pattern, but we still wait for the break of the Resistance level to take the trade. 
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.