🔥 DOT/USDT Getting Ready For Break Out

DOT/USDT is one of the massive gainers of the last couple of months, with over 700% gains since its inception in early September.

For the last two weeks, DOT has been trading within a range, ranging from $15 to $19. With the current crypto market environment I'd be surprised if DOT would stay inside here for much longer.

Since anything can happen in this market, this idea consists of two trading opportunities: a bullish and a bearish one.

Wait for the price to close either below or above the confirmation line, ideally on a higher time frame. I've marked two potential target areas on the chart, R1 and S1. Both are based around either recent swing lows or round numbers. Do your own due diligence.

Happy trading!