DOTUSDT | Wave Projection | Triple Bullish Divergence Dragon
Price action and chart pattern trading
> Anticipating a breakout of dragon ridge or descending triangle breakout downtrend DRAGON ABC wave pattern with current Intermediate C-wave in zigzag formation
> Target @ possible making a minor 4-wave uptrend correction retracing 0.0382-0.5 previous 3-wave +50% - +70%
> Stoploss @ the lowest position of the -25 - 30% to the bottom forming the 1st claw of the dragon, relatively closed to the target of dragon main head & shoulders.
> Entry @ 1st Inverse Claw breakout
> RRR: 2.5:1
Indicator: MACD triple bullish divergence & RSI double divergence
Always trade with affordable risk and respect your stoploss
> Anticipating a breakout of dragon ridge or descending triangle breakout downtrend DRAGON ABC wave pattern with current Intermediate C-wave in zigzag formation
> Target @ possible making a minor 4-wave uptrend correction retracing 0.0382-0.5 previous 3-wave +50% - +70%
> Stoploss @ the lowest position of the -25 - 30% to the bottom forming the 1st claw of the dragon, relatively closed to the target of dragon main head & shoulders.
> Entry @ 1st Inverse Claw breakout
> RRR: 2.5:1
Indicator: MACD triple bullish divergence & RSI double divergence
Always trade with affordable risk and respect your stoploss