# DOTUSDT

#DOTUSDT – Potential Reversal 👀📈
On the daily timeframe, #DOT shows weakness in downward momentum, with the price consolidating and not making new lower lows.
The stock now forms the right shoulder of a potential inverse head and shoulders pattern, a classic reversal pattern, with a possible move upward toward the neckline at $2.4.
Alert: A daily close below $1.85 will invalidate this pattern ⚠️
$DOT

🇺🇸 – Monitoring the expected path of the cryptocurrency on the 1-hour timeframe 🔥
⚡️ Reversal Pattern
👉 A contracting diagonal pattern is forming, representing wave (C#DOTUSDT of an expanding flat pattern, within a higher-degree corrective wave. 👌
✨ When this pattern is completed with a breakout above a key level and surpassing the upper boundary 🏹, it will confirm a bullish outlook, indicating the start of an upward wave 🔥 that could push the price toward recording a new high, ideally targeting the area between $2.323 and $2.487 💸, based on the length of the previous wave.
✨ The bull

🔥 #Polkadot (#DOTUSDT ) 🇺🇸 The expected price path on the 30-minute timeframe and previous analysis 🔥
🌊 Opportunity to benefit from a bullish wave
It appears that the pair is preparing for a strong upward movement after breaking through the main price channel, which may indicate the formation of the third sub-wave within an impulsive bullish wave. A Fibonacci extension of 261.8% is one of the typical targets for the third wave, with potential for further extension, increasing the likelihood of a strong upward move.
💡 Any upcoming downward correction could present a favorable opportunity

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