DOT is in a Downtrend channel and as you can see rejected from upper band and also we are in pivot area in weekly and daily also div is clear on daily , if price drop below 5.9 we will go down again , as as market show us blood will be in the market ,
anyway if you are in long position suggest to close and if you want to make short position put stop above 6.82
use proper risk managment
anyway if you are in long position suggest to close and if you want to make short position put stop above 6.82
use proper risk managment
Note
if price go above 6.9 after pullback to pivot area you can go to long positionNote
I am changing my mind, !!! if the price could break the main pivot will go to upper supply zone in weekly ,Note
dumping
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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.