DOT USDT 12 Bullish Pennant...
Polkadot! DOT. Looking at the chart and would like to see price action break through the blue trend line of the pennant and hold. If it can do this I think $50.00 on the cards....A major psychological level. I have used the Fibonacci extension tool to determine the targets which are seen to the right of the chart. I am mindful of the potential downside and will keep a close eye on the support level.
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.