DOT/USD breakout
I see DOT absolutely taking off
As we can see, once downward trend was broken.
once the trend reversed, my analysis shows two parallel lines showing an ascending channel with DOT.
We must wait for the price to breakout of the channel but judging by the ascending triangle, I believe it will break from the top and price will shoot upwards towards the upper resistance line.
finally, once the middle resistance line broke (now support), I was very bullish.
With all these together, I believe this is only going up.
As we can see, once downward trend was broken.
once the trend reversed, my analysis shows two parallel lines showing an ascending channel with DOT.
We must wait for the price to breakout of the channel but judging by the ascending triangle, I believe it will break from the top and price will shoot upwards towards the upper resistance line.
finally, once the middle resistance line broke (now support), I was very bullish.
With all these together, I believe this is only going up.
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