DOT/USDT Bullish Triangle: New Wave Starting
Who hasn't seen DOT in the last couple of weeks? This spectacular coin gained more than 250% since the start of 2021, making it one of the top-gainers of the year to date.
At the moment DOT is making a classical bullish pattern, the bullish triangle. Most of the time this pattern is followed up by a strong bullish move. Since the pattern is virtually complete, I'd see it happen any moment now.
The main resistance for now is the $20 resistance. Assuming we're gonna see a wave of bullish inflow, it won't hold long. The last bullish wave saw an increase of around 140%. I don't think we're gonna see that, but $25 should be attainable in the near future.
Happy trading!
At the moment DOT is making a classical bullish pattern, the bullish triangle. Most of the time this pattern is followed up by a strong bullish move. Since the pattern is virtually complete, I'd see it happen any moment now.
The main resistance for now is the $20 resistance. Assuming we're gonna see a wave of bullish inflow, it won't hold long. The last bullish wave saw an increase of around 140%. I don't think we're gonna see that, but $25 should be attainable in the near future.
Happy trading!
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