DOTUSDT broke below the support level at 5.0, only to bounce back taking liquidity and create an impulsive leg. Currently, the market is trading tightly below the recent resistance zone, suggesting that it's about to break through. On the daily timeframe, we see a long-tailed bar that indicates rejection at the support level. I anticipate the market to pull back into the range zone before making a move upwards. My target is resistance at 7.0Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🌎WebSite: lingrid.org
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💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.