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DOTUSD seems to be forming a big ABC correction pattern along with an ABCDE correction pattern. The breakout will be very bullish and it will be a pretty good long-term trade! Short term wise, I would personally short it and wait for the price to reach pattern E.
DOTUSD seems to be forming a big ABC correction pattern along with an ABCDE correction pattern. The breakout will be very bullish and it will be a pretty good long-term trade! Short term wise, I would personally short it and wait for the price to reach pattern E.
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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.