DOTUSDT , Are you ready for 2nd Target ???Hello everybody
According to our previous analysis about DOT , We shown on chart a buy zone area that 2 times came in and there is a opportunities for buying and wait until reach our Target .
As seen on chart our first Tp was reached and now we are ready for 2nd one and after we break minor resistance that shown on chart we can go and reach to the 2nd target .
Dont forget that Dot is one of the amazing project in crypto
Dont forget stop loss and money management
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Previous analysis
Good Luck
Abtin
Dotusdtshort
Trend reversal pattern in Polkadot* Polkadot in 4H time frame appears with Head and shoulder pattern.
* Head and shoulder is a trend reversal pattern occurs during the uptrend.
* DOT has a support around $23, if the price breaks the support we can expect a drop till $20.
* Polkadot can even bounce back up from the support.
DOT is in an uptrend, The trend is your friend. You will never know when the trend ends, on the 4H Chart, it's textbook analysis that we are trending upwards.
Until you see a rejection in more upside, and breaks the trend line, you can consider some shorts, as for now, you're good if you're long.
Take profits when it breaks the trendline on the 4h chart.
Dot- Near strong resistance, drop could followAfter a spike up towards 50, Dot dropped almost 50% to 26-27 support. Now the coin is in a corrective rally that seems to be close to an end.
40 is strong resistance for this coin and a drop could follow from this zone
27 found be the target for bears for an 1:3 R:R
I'm looking to sell