Technical analysis by mr_willmedina about Symbol DOT: Buy recommendation (7/3/2025)

Evening fellas, Some say its dead, some say its asleep... I'd stick with the second option, as to me, it's by far one of the best tech out there. Some say good tech doesn't matter, some say it does... Once again, I'll stick to the second option. It could take a day, if they wanted... it might take years... but this is looking ahead, looking deep, looking for those big gains that change lives. Trade thirsty...Considering the chart above a long term play, I have been tracking this move, which is being developed extremely organically. It would be a short term target for profits, and it coincides with the long term play, by hitting the top red trendline anywhere between $7.25 and $7.75. One could book profits there.The bearish point of view for DOT would require this symmetrical triangle breaking down, and instead a massive ascending triangle, it would turn a descending channel. To me this would be the final and best price to buy DOT before a massive move up most likely above $12 bucks. The only downside here is time, because after the final touch near the bottom trendline of the channel, price action could range for months, and instead of pumping out of the channel, it would "walk out" of it, testing the patience of even high end traders.