Hello everyone, let's take a look at the DOT to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the line of support and as you can see the first support is $ 21.12, the next $ 19.78 and $ 18.70.
Now let's move on from the line of resistance, as you can see, the first resistance will be $ 23.48 if you can break the first resistance, the next one will be at $ 25.64 and the next one at $ 28.78.
Looking at the CHOP indicator, we can see that the energy was consumed in a 4-hour interval.