DOCK: Back To Baseline Trade (+1000% Potential)

15. Okt.

Here is a great opportunity with a pair that can easily grow beyond 1,000%, just moving back up to baseline levels.

How are you feeling in this muted day?
Mixed feelings in the air but with endless opportunities nonetheless.

➖ DOCKBTC produced a major crash after a breakdown of a long-term consolidation triangle. We know why this happened but there is no need to mention it here.

As soon as the new low is hit, we can see massive purchasing volume. Lots of buying pressure is present and a bottom pattern is starting to form. This easily points to a recovery right around the corner.

The main resistance for a chart like this one becomes the base of the triangle, our baseline. This level worked as support since January 2021 so any bullish action would test it as resistance. This opens up at least 1,000% growth potential in the mid-term. There can be more.

Thank you for reading.

Namaste.