alexmuresan

DTO/USD - Expect Continuing higher or retest the previous ATH

Long
BINANCE:DOTUSD   DOT / US Dollar (calculated by TradingView)
As we can see DOT has broken the previous ATH reaching a new high 46.97942541.
The retracement was expected, and we can see that the 0.618-0.5 Fib Ret acting as support (the previous resistance that was broken) at around 41-40 USD.
We know that in an uptrend after a new higher high is made, is expected a new higher low. We have seen the HL and now we expect the buyers to continue the trend up breaking or at less retesting the previous ATH .

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