bestfarbit74

DOT... 4H chart review

Long
bestfarbit74 Updated   
BINANCE:DOTUSDT   DOT / TetherUS
Hi everyone

In my last update chart I mentioned for more rally price needs to

break the top line of the wedge pattern, it didn't so pulled back down.
now it is trying to break the top line of the wedge again. if the price

could manage to break this dynamic resistant line then we can expect

our target between 34$ to 35$ area.

but if the whole market drops with BTC, DOT will follow it may drop to

24$ level. for that purpose price must break the 28$ key level downward.

I'm bullish on DOT by now until the market drop with BTC.

MACD is positive, price is above MA200 and ICHI cloud all signs of bulls


Enjoy the market
Comment:
BTC drop so more drop may happen on dot as far as it dropped below 28$
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.