dimidob

DOT breakout, eyeing new high at $22 and $23

Long
dimidob Updated   
BINANCE:DOTUSDT   DOT / TetherUS
Short-term - after establishing support at $15+ DOT formed a higher bottom on RSI 1D and managed to break out through two crucial lines in both RSI and the chart.This led to an ATH today (3 Feb) and likely next move is to quickly tap supply at 17.70-18. If that supply level holds we may claim new heights at T1: $22 and T2: $23.

Mid-term $30 by 8th of March unless Q1 profits drag the stock markets down.

Opposite scenario - $11.30-12.30
Trade closed: target reached:
Target reached.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.