Lingrid

Lingrid | DOTUSDT making NEW highs

Long
BINANCE:DOTUSDT   DOT / TetherUS
DOTUSDT chart has been demonstrating a strong uptrend, with each subsequent high surpassing the previous one. This upward momentum was evident in the recent break and close above the psychologically significant round number at 7.0. Given this momentum, it's likely that the market will continue to push upwards, potentially retesting the March highs. However, I also believe that the market may experience a brief consolidation phase before surging higher. Specifically, I expect a retracement to an even number at 7.0, followed by a renewed upward move. Noticeably, the market has recently formed a long-tailed bar by taking liquidity below the support level, which suggests a potential bullish move. My goals is a support level at 7.90.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.