DOCK stuck in descending channel
BINANCE:DOCKUSDT
Hello everyone.
As we can see :
- MACD is neutral but major movement is bearish
- Stochastic is on middle range and being bearish
- rejected from EMA 100
- trending in descending channel
Recently DOCK pulled back from support and now rejected by EMA 100 !
So major movement is bearish but if dock break EMA 100 and hold above it or pullback again from support then there is a opportunity to take long.
Also its more safe to wait for a breakout from descending channel !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
Hello everyone.
As we can see :
- MACD is neutral but major movement is bearish
- Stochastic is on middle range and being bearish
- rejected from EMA 100
- trending in descending channel
Recently DOCK pulled back from support and now rejected by EMA 100 !
So major movement is bearish but if dock break EMA 100 and hold above it or pullback again from support then there is a opportunity to take long.
Also its more safe to wait for a breakout from descending channel !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
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TELEGRAM :
t.me/Helical_Trades
Instagram ( Persian - فارسی ) :
instagram.com/helical_trades/
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