DOT ascending triangle in progress - getting ready for new ATH?
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.
Also guys, I was looking for some new apps to store/stack/buy crypto and found Celsius (review 4,6* www.trustpilot.com/review/celsiu...)
Advantages:
- no withdrawal fee
- you can buy via Sepa/card
- stacking stablecoins 10,5% apy (annual inflation is +-2,5% so you can still be profitable with stacking fiat/stablecoins)
- stacking BTC /ETH for 5% apy
- many others crypto for stacking
- ref. bonus 20 USD if you login via my ref link (celsiusnetwork.app.link/107654f5...) and deposit 200 USD or more (fiat or crypto)
- KYC required for safety
- Now +30 USD bonus if you redeem code in app WEB30
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
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.
Also guys, I was looking for some new apps to store/stack/buy crypto and found Celsius (review 4,6* www.trustpilot.com/review/celsiu...)
Advantages:
- no withdrawal fee
- you can buy via Sepa/card
- stacking stablecoins 10,5% apy (annual inflation is +-2,5% so you can still be profitable with stacking fiat/stablecoins)
- stacking BTC /ETH for 5% apy
- many others crypto for stacking
- ref. bonus 20 USD if you login via my ref link (celsiusnetwork.app.link/107654f5...) and deposit 200 USD or more (fiat or crypto)
- KYC required for safety
- Now +30 USD bonus if you redeem code in app WEB30
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
