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angela_altair

DOT is likely to head towards monthly resistance around 20

Long
DOT / TetherUS (BINANCE:DOTUSDT)  
angela_altair Updated   
BINANCE:DOTUSDT   DOT / TetherUS
Trend Analysis Chart Patterns Technical Indicators DOT DOTUSD DOTUSDT dotusdtlong DOTUSDTPERP dotusdtidea dotusdtanalysis
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trendanalysis chartpattern indicator dot dotusd dotusdt dotusdtlong dotusdtperp dotusdtidea dotusdtanalysis
The price has been consolidating on the weekly and monthly support WS1+MS1 area for quite some time and looks like ready to take off from here. I think the path is clear to travel from here up to monthly resistance around 20.
Comment:
Just wanted to add that there is a weekly resistance WR1 on the way to 20. I have added that resistance zone on the chart. The price will experience a pullback from that level. That pullback may alter the course of price action and therefore we shall reevaluate the price once again when the price experiences that pullback.
snapshot

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angela_altair
DOTUSDT at weekly and monthly support confluence
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