Daily chart on logarithmic DOT/USD pair.
We are in an accumulation phase before a leg up to a new ATH. Resistance around $40 will be broken in the next days.
Target: $100
RSI: during the BTC dip, we bounce at 38.05 bottom level. We are going to hit 80 (RSI level).
MACD: extremely bullish. You can see the blue line up and crossed the zero level, and crossed the red line.
We need one more element to explose the resistance and go to $100: more volume.
For the moment, we stay in accumulation phase, whales and institutions continue to fill their bags. But the leg up to a new ATH is imminent 🚀
We are in an accumulation phase before a leg up to a new ATH. Resistance around $40 will be broken in the next days.
Target: $100
RSI: during the BTC dip, we bounce at 38.05 bottom level. We are going to hit 80 (RSI level).
MACD: extremely bullish. You can see the blue line up and crossed the zero level, and crossed the red line.
We need one more element to explose the resistance and go to $100: more volume.
For the moment, we stay in accumulation phase, whales and institutions continue to fill their bags. But the leg up to a new ATH is imminent 🚀