DOT pushed strongly from a daily timeframe support of $22.80 - $23.50, breaking the fundamental level. Price broke through the resistance line, indicating that the overall trend is bullish.
The price has now touched a minor resistance level of $29.60 - $30.0.
It appears to be in fantastic shape to begin accumulating now. A fair price range for that is $25 to $28.
Here's where good money management comes in handy.
If DOT follows this plan and goes to take that resistance, the following lines would be the trend I expect and in that case I will make some updates on the chart.
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Thanks and happy trading :)
The price has now touched a minor resistance level of $29.60 - $30.0.
It appears to be in fantastic shape to begin accumulating now. A fair price range for that is $25 to $28.
Here's where good money management comes in handy.
If DOT follows this plan and goes to take that resistance, the following lines would be the trend I expect and in that case I will make some updates on the chart.
<———————————————>
Follow us on our socials for more!
Thanks and happy trading :)
Comment:
DOT already at +7% today, actually following my plan :)