DOT has been resistance on the $40 line since February 20th. I tried the line break three times, but I couldn't overcome it.
In such a development, at the same time as the break, the loss cut of the short group. With the new long entry, the market will often bounce.
Looking at the latest situation, in addition to 20MA support, while being firmly supported even at the lower limit line of the rising parallel channel, you can see that the low price has been rounded up and the cross-shareholding is in the final stages.
There is also 50 MA below, and even if it breaks down, it will be a limited place to buy.
Enter in a low lot first, then add more when it returns to the $ 31 line
In such a development, at the same time as the break, the loss cut of the short group. With the new long entry, the market will often bounce.
Looking at the latest situation, in addition to 20MA support, while being firmly supported even at the lower limit line of the rising parallel channel, you can see that the low price has been rounded up and the cross-shareholding is in the final stages.
There is also 50 MA below, and even if it breaks down, it will be a limited place to buy.
Enter in a low lot first, then add more when it returns to the $ 31 line
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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.