DOTUSDT has been in a global downtrend for a long time, from the November 2021 high the price fell to 6.10, after which the price moves into a consolidation phase and begins to show signs of a possible further rise
On the global chart we see the price is trading below the 6.80 level which was formed in August 2020 and which is important for further upside. As we see, the level of 6.80 is the bottom line of a wide range (6.80 - 22.70) and if the price returns above 6.80 and keeps the position, the price can show a very strong growth to the resistance of 22.70 (about 230% of the movement)
On the local chart we can see the formation of the descending wedge, which stops at the level of 6.10, the price passes into the consolidation phase, within which it breaks through the key resistance.
I assume that with a lucky set of circumstances, the price can break through the resistance of 6.53 and reach the medium-term target of 7.72. Another target, which is important for the price is the resistance of 9.65.
Regards to R.Linda!
On the global chart we see the price is trading below the 6.80 level which was formed in August 2020 and which is important for further upside. As we see, the level of 6.80 is the bottom line of a wide range (6.80 - 22.70) and if the price returns above 6.80 and keeps the position, the price can show a very strong growth to the resistance of 22.70 (about 230% of the movement)
On the local chart we can see the formation of the descending wedge, which stops at the level of 6.10, the price passes into the consolidation phase, within which it breaks through the key resistance.
I assume that with a lucky set of circumstances, the price can break through the resistance of 6.53 and reach the medium-term target of 7.72. Another target, which is important for the price is the resistance of 9.65.
Regards to R.Linda!
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NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.