🔥 DOT 1.5 Year Falling Wedge Break Out

14 בינו׳ 2023

DOT has been selling off very badly ever since the November top. In this process, a massive falling wedge pattern has been drawn on the chart.

With crypto's latest bullish moves, DOT has finally broken out of the bearish pattern and is quickly gaining ground.

I'm looking at the blue lines for initial targets. Keep in mind that DOT has been shorted heavily, so the price can move back up very swiftly.