How is it going, everyone. Haven't posted for a while. Today we are going to take a look at DOT/USDT and we are gonna try to define its situation.
First of all, I want to tell you a few words to calm you down of a big depression on a cryptomarket. Guys, for now on, a lot of coins are in accumulative zone, so it was one of the last shakeouts before the major move up. Take a deep look at the chart. I have pointed out wyckoff names on the chart so you could see whole situation.
Let my start with the accumulation zone. You may ask: "Quantye, why are we considering it like and accumulation?". Well, thats simple.Look at the price action. We can see that price has come to a global zone of OB. Here the show starts. We see a strong accumulation with "UA", which shows a great and aggressive support of buyers. The next step was forming the liquidity with following take-out. After taking the liquidity, we saw a quite shakeout with a high volume on the chart.
What are we expecting now? Well, for now i have drawn a zone of demand consisting of LPSY and OB. Right now, i am waiting for an uptrend momentum to the level price of 35-36. But, in my opinion, we may stop here for some moments and then see a great momentum. I have tried to write as less as it was possible for your understanding.
Thank you for your time and support. Write me, if you have some troubles with understanding or anything else. I always read your commentaries :)
And Always Remember : Trade wisely and put Stop Loses.
First of all, I want to tell you a few words to calm you down of a big depression on a cryptomarket. Guys, for now on, a lot of coins are in accumulative zone, so it was one of the last shakeouts before the major move up. Take a deep look at the chart. I have pointed out wyckoff names on the chart so you could see whole situation.
Let my start with the accumulation zone. You may ask: "Quantye, why are we considering it like and accumulation?". Well, thats simple.Look at the price action. We can see that price has come to a global zone of OB. Here the show starts. We see a strong accumulation with "UA", which shows a great and aggressive support of buyers. The next step was forming the liquidity with following take-out. After taking the liquidity, we saw a quite shakeout with a high volume on the chart.
What are we expecting now? Well, for now i have drawn a zone of demand consisting of LPSY and OB. Right now, i am waiting for an uptrend momentum to the level price of 35-36. But, in my opinion, we may stop here for some moments and then see a great momentum. I have tried to write as less as it was possible for your understanding.
Thank you for your time and support. Write me, if you have some troubles with understanding or anything else. I always read your commentaries :)
And Always Remember : Trade wisely and put Stop Loses.