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Cryptocurrency News Articles

$DOT - Forming a Bull Flag Pattern On the 15-minute chart, DOT is forming a classic bull flag pattern 📈—a strong bullish continuation signal.

Jan 06, 2025 at 06:01 am

With this setup, we're eyeing a potential 10-12% upward movement in the short term. Keep an eye on this breakout for a swift pump!

$DOT  - Forming a Bull Flag Pattern On the 15-minute chart, DOT is forming a classic bull flag pattern 📈—a strong bullish continuation signal.

The 15-minute chart shows DOT forming a classic bull flag pattern on the lower time frame. This is a strong bullish continuation signal.

With this setup, we can expect a potential 10-12% upward movement in the short term. Keep an eye on this breakout for a swift pump!

The 200 EMA is still below the price, giving strong bullish continuation confirmation. As long as the 21 EMA holds the trade line, the setup is still valid for a possible breakout at any moment.

Be ready for the next move!

The price recently bounced from the 0.618 Fibonacci level, which is a key deep buy zone. This serves as the third confirmation for a potential upcoming pump.

Watch closely as the breakout momentum builds!

Entry: 7.619

1st TP: 7.88

2nd TP: 8.044

3rd TP: 8.410

Note: Use only 1% of your portfolio to manage risks effectively. Avoid high leverage and proceed cautiously to minimize potential losses. Always prioritize risk management.

This signal is only for spot. If you want future signals, join my Binance live.

Just click on my profile to join my live.

News source:www.binance.com

Disclaimer:info@kdj.com

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Other articles published on Jan 07, 2025