cryptodailyuk

The DOT relied on support at $ 20.09

BINANCE:DOTUSDT   DOT / TetherUS
Hello everyone, let's take a look at the DOT to USDT chart on the 1D Interval. As you can see, unfortunately the price has dropped a bit below the local uptrend.

Let's start with the designation of the support line and as you can see the first support in the near future is $ 20.09 on which the price is currently based, if the support breaks, the next one is $ 18.95 and $ 17.80.

Now let's move from the resistance line as you can see the first resistance is $ 21.13, if you can break it the next resistance will be $ 23.30 and $ 25.55.

Looking at the CHOP indicator, we can see that in the 1D interval we have a lot of energy to make the next move.

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.