This is my first time publishing an idea. I'm a beginner in trading. Please bare with me if the analysis is wrong:)
It seems like Dot/usdt spot is about to form a cup and handle pattern in 4hr and 1 hr time frames. If a handle is formed, I'm planning to enter in the direction of the handle breakout if it is backed by the volume. TP1 can be the height of the handle and TP2 be the height of the cup. I'll be keeping tight sl. Happy trading folks.
It seems like Dot/usdt spot is about to form a cup and handle pattern in 4hr and 1 hr time frames. If a handle is formed, I'm planning to enter in the direction of the handle breakout if it is backed by the volume. TP1 can be the height of the handle and TP2 be the height of the cup. I'll be keeping tight sl. Happy trading folks.