DOT / TetherUSLong
DOT/USDT - Confirmed Breakout
In the 4 hours chart, we see a bullish trend line, and the resistance zone of the highest peaks in the market has formed an ascending triangle.
This triangle has been successfully brokenand retested as a new strong support zone that has been rejected upwards.
Once confirmed, a strong bullish trend towards the previous highest peak in the market can be expected.
A bullish W-formation has formed on the daily chart, which could possibly be overextended.
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This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.
This triangle has been successfully brokenand retested as a new strong support zone that has been rejected upwards.
Once confirmed, a strong bullish trend towards the previous highest peak in the market can be expected.
A bullish W-formation has formed on the daily chart, which could possibly be overextended.
If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis .
Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.
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