jibo16

DOTUSDT bullish tendency

Long
BINANCE:DOTUSDT   DOT / TetherUS
DOT/USDT is showing us a bullish tendency drawn by the yellow lines, is also important to note that in the lower term candles there has been a possible retest created in the 30.54 zone that could mean the continuation of the general tendency towards a more bullish market, is important to note that we could face an important resitance in the 35~38 area that could mean a mayor retest, but as shown by the yellow lines the general tendency is bullish.

Conclusion:
Long term dot price action seems bullish, but in the long term ie. > 2 hours the tendency seems bearish.

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.