DOT easy 2x swing

26 нояб. 2024 г.

Dot and "boomer" tokens have taken a massive leg up here as BTC approached 100k. As we pull back I look to the golden pocket highlighted by the rectangle for a heavy buy zone. My PT1 is marked in yellow, and PT2 in green. This cool off is needed for continuation. I will be adding heavily as we approach 7.5$. I believe this will play out rather quickly in later December, Jan.

Summary:

Short-term bearish looking for a buy zone under 7.5$.
PT1= 11.8$
PT2= 16.1$

Remember this is a weekly chart, it will take time to play out.