DOT is retesting the breakout line which coincides with the bottom of the upward channel.
Support level: $3.96
RSI is bullish.
Support level: $3.96
RSI is bullish.
Note
The price action did not show strength as I expected and fell below the upward channel. Time to cancel this trade idea.
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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.