The last time we posted the Dot analysis, we were looking to buy around the $19 level with targets being the major structure. Price retested our level perfectly and also hit our targets nicely!
We are now back to the trendline where there's a decision ahead. We either push up and break the major structure and then carry on higher or we break the trendline and go back to one of the structure levels.
Bullish Set up:
Wait for the major structure to break and get in on the retest
Bearish Set up:
Wait for ascending trendline to break and watch for bear flags to enter.
We are now back to the trendline where there's a decision ahead. We either push up and break the major structure and then carry on higher or we break the trendline and go back to one of the structure levels.
Bullish Set up:
Wait for the major structure to break and get in on the retest
Bearish Set up:
Wait for ascending trendline to break and watch for bear flags to enter.
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🥃 Crypto Signals Since 2017 🥃
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.