Will DOT wake-up soon ?

20 พ.ย. 2023

Hello Traders,

DOT is acting like an old man, but actually it might start to re-gain it's adulthood again soon

Seems like it's forming Bull Flag when looking to small timeframes

although if you switch to Daily timeframe you will find that it already broke a falling wedge with target towards 7.8$




based on hourly timeframe

DOT is trying to reach the top of the flag at 5.650$
at which we will need Huge buying volume to confirm a breakout from the bull flag towards the resistances shown on the chart + two 4h confirmatory candles.


On DOT.D dominance broke a falling wedge / descending channel too which somehow shows that we will have an increase on DOT dominance and Volume .

Thank you!
Have a nice day.

23 พ.ย. 2023

การซื้อขายยังคงดำเนินอยู่

still valid