DOTUSDT | Wave Projection | Possible 4.4 Wave Fakeout
Price action and chart pattern trading
> Wave pattern - downtrend ending diagonal 5 wave.
> The price continued to make lower high and lower low reached 0.786 extension of 4.1 wave and T1 head & shoulders target with a hammer candlestick.
> Candlestick pattern squeezed at this key level a possible upcoming false breakout of 4.4 wave before making its final 5-wave
> Target breakout 4.4 wave at SMMA25 - 0.382 zone
> The final downtrend 5-wave is targeting at 4.0 - 4.5$
> Wave pattern - downtrend ending diagonal 5 wave.
> The price continued to make lower high and lower low reached 0.786 extension of 4.1 wave and T1 head & shoulders target with a hammer candlestick.
> Candlestick pattern squeezed at this key level a possible upcoming false breakout of 4.4 wave before making its final 5-wave
> Target breakout 4.4 wave at SMMA25 - 0.382 zone
> The final downtrend 5-wave is targeting at 4.0 - 4.5$
Trade closed: target reached:
TP price position exactly as I predicted: Now LONG ENTRY
