Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
DOT: resistance is the first step to change
DOT / TetherUS
Long
DOT: resistance is the first step to change
By Yassie123
Follow
Follow
Mar 19, 2021
9
Mar 19, 2021
Symmetrical triangle
Textbook: wait for confirmation ➡ breakout of triangle
Volume still low
RSI looks good
MACD & STOCH RSI cross-over ➡ bullish signal
Red dotted lines ≈ key resistance levels
Psychologic levels: $40/$45/$50
Higher timeframes = safer
Caution: BTC volatility may affect the entire market
Advise to beginners: spot trading = safer (HODL in case price goes down).
Not financial advise.
I am not an expert, just my opinion.
Feel free to share your views.
Good luck!
Chart Patterns
Yassie123
Follow
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
.