More than a month has passed since the publication of the previous DOTUSDT idea . It is worth seeing how well it worked out.
After the price has reached the seles zone above $6, literally in 5 days the DOT price fell by -25%, reaching the mark of $4.43 and fulfilling the target from the previous idea.
Further, the consolidation continued for a month. Since the price did not fall below $4.40, it was a signal that buyers are gaining strength to move up.
And so yesterday, with the beginning of the trading day, the bulls began to rapidly drive the DOTUSDT price up. The DOT cost did not update ATH, but it was very close to it.
Here's what we can expect in the near future: 1) updating the historical high and fixing the price above $6.86 will open a very fast way for growth to the zone $7.30-7.55 2) a price correction not lower than $6 will also retain high chances for growth to the zone $7.30-7.55 in the near future. 3) sellers will take full control of the chart if they can push the price below $4.40.
If, globally, an altseason awaits us in the coming months, then the new global zone for fixing DOTUSDT longs is in the range of $9.50-10.30. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.