So Dock seemed to have retracement way deeper than expected. But non the less we did loose volume as well. My initial thoughts on this was people are rather going back to BTC as CME futures are expiring today, so rather be safe than have BTC dump your favourite alts on you ;) SO back to DOCK! On ALL the lower time frames we see that its very oversold right now,...
Some takaways on DOCK token: - DOCK price is way below its ICO price - Automated bot trading intenstively on DOCK due to its low satoshi value - Volume zone lean toward bull case (see the Volume zone indicator chart analysis above) - Weekly volume traded on Binance is far beyond their supply coins, so basically, it's about time to move either up or down...
I'll keep it short as there's no clear analysis to make yet, but it comes from the bottom... and we have only 10mio market cap, and its volume is growing, and it is broken from longtime resistance, AND it hasn't pumped yet in the past. Link is probably next, but its marketcap is already 160mio.. and it isn't a new coin.
Today we take a look at DOCK / BTC We have a list of confluences for a potential continuation to break new highs - Consolidation above range highs - Higher lows are forming on our Daily - Holding our 1D orderblock Upside of 55% is possible for this pair. A push down under our blue box and this setup is invalidated. Telegram link in bio
Follow me for more signals daily
Here's a prediction I have for a short-term hold on DOCK. - RSI to test 40. - Price to bounce off support around .302 - Looking to reach a high of .378+ Let me know if you have any thoughts on DOCK over the short term period?
#DOCK (DOCK/BTC) Buy : 300 Flash Sell : 310 Short Sell : 320 Long Sell : 340-360-380-400-420 Stop : 280 Follow me for more signals daily
Was signaled with Mitoki indicator. Yellow is time of signal and blue is vwap.
- DOCK has seen a consistent slow uptrend, with increased volume throughout the last 24 hours. - MACD crossover on the 2-hour chart. - RSI is showing Bullish on 1 - 4 Hr charts.