Dear traders,
I've posted earlier some trade idea's regarding DOT, here is an update regarding latetst DOT trade.
The pattern DOT is currently forming, is mines insights an leading diagonal wave 5 pattern of the major wave 3.
So we remain bullish and will compound profits on the major wave 4 dip. Wich is expected around .382 and 100% projections wave 1-2.
From there we remain extremely bullish since DOT will target AT least the major wave 5 target 50USD.
After completing this wave pattern, there is a possibility to have a dip on the minor cycle wave 4 pattern.. however that is still long time to go.
So I need to observe the development of the major wave 5 and will update count as is needed.
So stay tuned and keep a watch on me as I will frequently update some counts in EW perspective.
Currenlty still holding LONG dot positions ..