DOT / TetherUS

DOT ascending triangle in progress - getting ready for new ATH?

287
Hello traders,

On 4h chart we can see that DOT is forming ascending triangle, ehich is usually bullish signal. Now we should see bounce from lower triangle tl and retest upper trendline which is also (as it seems to be) major resistance level at 18 USD. As i usually say - everything depends on BTC, but i think if BTC stay over 30k, we may see new ATH soon for DOT. Dot is great projekt, also ppl can stake DOT and coins like DOT are popular this year for passive income and good technology behind.

Short term - bullish (if btc stays above 30k)
Long term - bullish (new ath possible)
Always use stoploss, here is good to place stoploss below lowe triangle tl.

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I usually do not share apps like this, but this one I had to. Passive income is also importnant

I will appreciate like and follow for more analysis

This is just personal idea, not investment advice

TRADE WITH BRAIN, NOT GREED

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