DOT - It´s so symmetrical!DOT´s chart is so symmetrical that it almost looks fake.
The uptrend from July/21 can be divided in 3 almost identical parts with a strong resistance/support level between each one of them.
We also have a small head and shoulders (H&S) pattern (blue) that was broken took us from one level to the next one.
Now, we´re testing the neckline of a larger H&S pattern (red). Breaking this could be disastrous and take us down to the low 10´s (or not so disastrous if you´re a futures trader and take a short leveraged trade).
Since this is also 61.8% pullback from the whole DOT lifecycle, this could be a tough one for bears to crack. The black trendline is key for bulls. I won´t take any trades until support or trendline are broken.
