vf_investment

DOTUSD - one more leg down - SHORT

Short
BINANCE:DOTUSD   DOT / US Dollar (calculated by TradingView)
DOTUSD remains in the downtrend.

A small pump to get rejected from the downsloping resistance line is still possible, however in our opinion one more leg down is coming. RSI has not been oversold yet.

The buy zone for the next bull market is between $4,70 and $3,50.

Don´t rush to buy.
Patience is a key
Comment:
Price can´t break above the downsloping resistance line. Still expecting more downside
Comment:
Good progress. DOT is bearish as crypto market is.
Comment:
The price still unable to break the resistance.
Expecting $4 - $3,50 in the Q1 2023.
Trade active:
$4,70 reached but still expecting the price to go lower.
Trade active:
The price didn't drop lower and it has bounced from our DCA support zone. Expecting more bullish momentum now.

💥 Free signals and ideas ➡ https://t.me/vfinvestment
Disclaimer

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.