DOT... 4H chart review
Updated
Hi everyone
In my last update chart I mentioned for more rally price needs to
break the top line of the wedge pattern, it didn't so pulled back down.
now it is trying to break the top line of the wedge again. if the price
could manage to break this dynamic resistant line then we can expect
our target between 34$ to 35$ area.
but if the whole market drops with BTC, DOT will follow it may drop to
24$ level. for that purpose price must break the 28$ key level downward.
I'm bullish on DOT by now until the market drop with BTC.
MACD is positive, price is above MA200 and ICHI cloud all signs of bulls
Enjoy the market
In my last update chart I mentioned for more rally price needs to
break the top line of the wedge pattern, it didn't so pulled back down.
now it is trying to break the top line of the wedge again. if the price
could manage to break this dynamic resistant line then we can expect
our target between 34$ to 35$ area.
but if the whole market drops with BTC, DOT will follow it may drop to
24$ level. for that purpose price must break the 28$ key level downward.
I'm bullish on DOT by now until the market drop with BTC.
MACD is positive, price is above MA200 and ICHI cloud all signs of bulls
Enjoy the market
Note
BTC drop so more drop may happen on dot as far as it dropped below 28$
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