luizhcruz

Daily analysis of DOTBUSD - Speculation for the next moments

Long
BINANCE:DOTBUSD   DOT / BUSD
Technical analysis regarding the price of POLKADOT in relation of dollar attached to Binance for the next scenarios, based on daily movement.

The price is falling, forming candles with smaller lows on these days, making a price correction, which may materialize in the retraction of Fibonacci (pink line) and / or reach the neutral region (gray line), where the price broke with force.

I believe it will reach that pink line and make a bullish streak, continuing with its macro bullish trend .

disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***

Comments