BYBIT:DOTUSDT 4H trend chart - We could see an obvious uptrend line keeps supporting the price After price hit Fib(0.382), it rallied back to Fib(0.618) and also broke the downtrend line up. Currently, downtrend line is broken out, and if price could still take out this line and stand firm after this 4H candlestick done Our short-term trading strategy as below *Although they are bullish signals, we shall consider the falling market statement. - Profit Targets: a) 37.460----Fib(1) b) 39.725~40.640----Fib(1.272~1.382)
Stop losses: a) 32.310----Red horizontal ray - If you like this analysis, give it a like and leave a comment below to share your perspective or let me know what crypto you want to see!
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Congrats! If you followed this trading plan, Hold it or you could take profit anytime u want.