In my idea, Dot almost hit the bottom or much close to it.
so if you look for the proper level for longer period trade or hold
this is a golden time to start your buy or more accumulation.
on the chart you can see key levels that price may react to them.
between 3.2$ at worse case of drop and 4.2$ is the best level to catch up.
however if you want less risk, you can wait for more confirmation of reversal trend.
MACD on daily setup shows a decent bullish divergence. however price is moving below
200MA yet.
so for more confirmation of uptrend we need to wait until price close above my baseline
and MA200 both.
in any case, we can expect new uptrend soon or later. let's see
Enjoy the market
so if you look for the proper level for longer period trade or hold
this is a golden time to start your buy or more accumulation.
on the chart you can see key levels that price may react to them.
between 3.2$ at worse case of drop and 4.2$ is the best level to catch up.
however if you want less risk, you can wait for more confirmation of reversal trend.
MACD on daily setup shows a decent bullish divergence. however price is moving below
200MA yet.
so for more confirmation of uptrend we need to wait until price close above my baseline
and MA200 both.
in any case, we can expect new uptrend soon or later. let's see
Enjoy the market
Comment:
broke the baseline upward and MACD is showing positive moves.
