Hello to you all. Mars Signals team wishes you high profits at all times.
The price is moving inside a bullish channel. It has tried two times to break above the channel where in the third time it succeeded and hit the resistance.
It has also tried two times to break from the bottom of the channel but could not.
If the price goes up and receives enough power, it...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (31.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DOTUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (31.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DOTUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Pair DOTBTC
Direction Short
Entry 0.00073800
SL 0.00074937
TP1 0.00073402
TP2 0.00073061
TP3 0.00072777
TP4 0.00072436
Signal Rating 3/5
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I...
We have two good supports, MA50 and MA100, and we have a relatively strong level of support
To climb, the resistance of $35.280 must be broken in 1 hour, and then we can climb to the main resistance of $42.440
The failure of this resistor brings with it a new ATH
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The volatility around February 28 should be watched to see if there is any movement that deviates from the 30.122-38.856 range.
If you drop...
See prior post for targets - DOT running out of room, potential breakout if BTC acts right here..
A lot of news and hype around DOT lately - Greyscale and Dubai Fund liquidated BTC for move into alts.. DOT named as target for both.
decrypt.co
www.globenewswire.com
Cheers
DOTUSDT - Intraday - We look to Buy a break of 35.22 (stop at 33.68)
Daily signals are bullish.
A break of bespoke resistance at 35.00, and the move higher is already underway.
Our bias remains bullish and further upside is expected to target resistance at 40.00.
Dips continue to attract buyers.
Our profit targets will be 39.86 and 41.88
Resistance: 35.00...
- Resistance zone coincides with the golden pocket. Both of which coincide with the psychological $30 level
- Looks like a double bottom forming
- Volume increase on both bottoms
Looking for a higher high near (red arrow) to confirm switch to bullish structure.
DOT running out of room hear, approaching strong support at POC. Need to confirm breakout with volume influx, look to lower timeframe for retest entry (15min).
A lot of continued hype and news around DOT.. buy the news, sell the greed.
The next big move from DOT will have people FOMOing their cash right into your pockets, go get em. Cheers!
