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jojofang0901

DOTUSD Look for the next bullish impulse.

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Polkadot (KRAKEN:DOTUSD)  
jojofang0901 Uppdaterad   
KRAKEN:DOTUSD   Polkadot
Chart Patterns Parallel Channel Flag priceaction structure pattern impulse correction Wedge
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chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction wedgepattern

Hello traders:

Looking at DOT for the the resume of the bullish trend.

We see price had a strong bullish impulse from previous continuation correction, and price begin to form a deeper, HTF correction structure.

We see the structure had at least 2 swing highs and lows, which is a sign that this can be the completion of this correction.

I would wait for the confirm breakout from the price and wait for LTF continuation correction to get in.

Thank you

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