it's always very difficult to analyse new coins because more we can back in the past, more it's easy to find supports and resistances.
Dot is still performing a good come back as you can see by his multiple bounces on a forming uptrend Line. Like always the King is controling those coins by his dominance so you always have to check BTC before entering a trade and exit fast if a dip happens.
Simple Targets :
- TP1 4.80$ (38.2% retrace)
- TP2 5.50$ (61.8% retrace) - Strongest Resistance
Stop Loss : 3.90$
Happy Tr4Ding !
Dot is still performing a good come back as you can see by his multiple bounces on a forming uptrend Line. Like always the King is controling those coins by his dominance so you always have to check BTC before entering a trade and exit fast if a dip happens.
Simple Targets :
- TP1 4.80$ (38.2% retrace)
- TP2 5.50$ (61.8% retrace) - Strongest Resistance
Stop Loss : 3.90$
Happy Tr4Ding !
Comment:
TP1 Reached
Comment:
Retracing with BTC.
Comment:
important area reached back.
Comment:
Trade closed manually:
TP1 reached, now under BTC dominance. Broke Uptrend Line.
Comment:
Target reached with delay as BTC still have strong dominance.