DOT/USDT Chart Analysis Predicts Bullish Trend and Potential for

DOT/USDT Chart Analysis Predicts Bullish Trend and Potential for New Highs:-

Greetings traders,

I would like to share my analysis on the #DOT/USDT chart with you all. As of now, DOT is trading at $6.35, and my analysis shows that the coin has bounced back from its $0.618 Fib Retracement level, indicating a bullish trend with the potential to hit new highs.

Therefore, I am expecting an upward move before witnessing a potential down wick. I have also confirmed the trend by double-verifying that it will break its triangle pattern.

My entry point for this trade would be around $6, with targets set at $6.7, $7.30, and $8, respectively. I have set my stop loss at $5.74 to limit potential losses.

It's important to note that trading involves a certain level of risk, and it's crucial to assess your risk tolerance before entering any trades.

In conclusion, I believe there is potential for profits to be made in this trade, and I encourage you all to keep an eye on the DOT/USDT chart for any potential trading opportunities.