DOT – Entry for long
BYBIT:DOTUSDT
4H trend chart
Last idea about short DOT is closed(hit SL).
Now, we can see it is going to form a double bottom on 4H.
There are 2 timing we can take entry as I mark on chart, and trading strategy as below.
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Profit Targets:
a) 19.445~19.740—-Fib(1.272~1.382)
b) 20.060—-Fib(1.5)
c) 21.420—-Fib(2)
Stop losses:
a) 17.045—–Red horizontal ray
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