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6.640, an important point for the long term

BINANCE:DOTUSDT   DOT / TetherUS
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(DOTBTC 1W chart)
The question is whether it can move above 0.0002 728 and break out of the downtrend channel.

If not, it is expected to lose the power to rise even more.

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(DOTUSDT chart)


(1W chart)
You need to rise above 7.530 to get out of the bottom section.

If the price holds above 10.131, we expect a full-fledged uptrend.

To do so, the key is whether the price can be maintained above 5.192.


(1D chart)
We need to see if we can get support around 5.956 and move up along the uptrend line.

If that fails, you should check for support around 5.674.


At 6.640, the HA-Low indicator on the 1M chart was created.

Therefore, if it rises to around 6.640 and is confirmed to be supported, I think it is possible to buy from a long-term perspective.

However, it is expected that we will need to stock up on strength to break through the 7.530-10.131 section upward, so we need to calm down and proceed with the purchase slowly.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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