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Helical_Trades
Apr 7, 2021 9:20 AM

DOT/USDT : possible chance for pullback ! Long

DOT / TetherUSBinance

Description

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BINANCE:DOTUSDT
Hello everyone 😃

DOT is reaching support zone.
On current level there are3 factors that can supports DOT's movement.
- Heavy support zone.
- Bullish trendline begins from 15th February.
- Bullish trendline begins from 24th March.

Also there is 100 MA on ( 4H TF ) which is reaching support zone.
📌 How ever Funding was so high and now we are facing a correction cause of it, But majority for Market is bullish !
🔴 Below current support zone will make it harder for DOT to pullback, so you can set your SL with 6H candle close below zone.

Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
@Helical_Trades
Comments
financialflagship
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Nice analysis, many thanks. 🔥🔥
ianramirez159
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good stuff dude
John_Moree
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Good idea
FlyDownX
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Clean chart thank you!
TheSignalyst
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perfect catch as always brother Helical!
YMGroup
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Very nice chart :)
Henry_Ross
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perfect job here
FOREXN1
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Waiting for this retest :) :) :)
jojofang0901
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Yea a quick pullback before resuming the bullish trend thx
SignalProvider
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I would be buying from this resistance
nice work!
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