DOTUSDT ascending triangle continuation

5 במרץ 2021

The dotted new born does it again. After many hours of a fake out, we have come back inside our pattern. Not only did we bounce of the 61.8 fib level printing a gorgeous hammer but we closed back in the bullish pattern giving bulls a sigh of relief. While we approach the apex of the triangle we can't help to ask ourselves, will we be breaking the patterns towards the upside in the short term?