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DOTUSD Potential for Bullish Continuation| 26th January 2023

Looking at the H4 chart, my overall bias for DOTUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. With price tapping into my buy entry at 6.124, where the overlap support and 23.6% Fibonacci line is, we are looking to take profit at 7.415, where the previous swing high is. Stop loss will be placed at 5.704, where the previous overlap support is.


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Chart PatternsDOTUSDTechnical IndicatorsTrend Analysis

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