DOT: Rising Wedge Pattern-It's getting ready to fall
DOT completed a bearish wedge pattern on the 4H chart. The price broke down of the pattern signaling a potential fall.
The previous 3 candles are all clear and bearish adding more value to the bearish scenario.
On the other hand, BTC is still in correction and may fall or who knows what form it might take at this point, since the move last week was aggressively bullish and it will take time before we see the next wave.
All this prolonged pause could push DOT down and possibly all Altcoins.
Targets:
1.080
0.9500
You can find more details on the chart.
Thank you! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
DOT completed a bearish wedge pattern on the 4H chart. The price broke down of the pattern signaling a potential fall.
The previous 3 candles are all clear and bearish adding more value to the bearish scenario.
On the other hand, BTC is still in correction and may fall or who knows what form it might take at this point, since the move last week was aggressively bullish and it will take time before we see the next wave.
All this prolonged pause could push DOT down and possibly all Altcoins.
Targets:
1.080
0.9500
You can find more details on the chart.
Thank you! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.