Hello Traders!
DOT is moving in a downtrend, developing a falling phase.
We can expect a new consolidation in the buyers' area of interest at $3.90 - $5.40.
It is possible to make medium-term purchases of the asset after the culmination of the sales. It is better to accumulate a position near the support level of $3.90 in the range of $3.90 - $4.60
It will be possible to continue to hold the position with the aim of fixing profits near the price level of $8.25
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
DOT is moving in a downtrend, developing a falling phase.
We can expect a new consolidation in the buyers' area of interest at $3.90 - $5.40.
It is possible to make medium-term purchases of the asset after the culmination of the sales. It is better to accumulate a position near the support level of $3.90 in the range of $3.90 - $4.60
It will be possible to continue to hold the position with the aim of fixing profits near the price level of $8.25
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice