Evening Traders,
Today’s analysis – DOTUSDT – trading in a clear uptrend with consecutive higher lows,
Points to consider,
- Price Action Impulsive
- Consecutive Higher Lows
- Price Action Range
- Declining Volume
DOTUSDT’s immediate price action is trading in a higher low structure potentially putting in a higher low, allowing for a bullish bias.
The price action is also trading in a potential range, where an accumulation period will lead to a potential bullish breakout.
The volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, DOTUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“The mind is a fascinating instrument that can make or break you.” ― yvan Byeajee
Today’s analysis – DOTUSDT – trading in a clear uptrend with consecutive higher lows,
Points to consider,
- Price Action Impulsive
- Consecutive Higher Lows
- Price Action Range
- Declining Volume
DOTUSDT’s immediate price action is trading in a higher low structure potentially putting in a higher low, allowing for a bullish bias.
The price action is also trading in a potential range, where an accumulation period will lead to a potential bullish breakout.
The volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, DOTUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“The mind is a fascinating instrument that can make or break you.” ― yvan Byeajee
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Trade with perks & support the community!
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.