$DOT | In A Channel: Rinse & Repeat
DOTUSD while not at extreme levels on RSI, is still touching upper Bollinger Bands in a tight channel signaling LESS volatility. Which means, it should follow a consistent path of UP & DOWN trend. Couple this with the fact of the previous candle rejected at resistant, I predict this price to come back down to below the 20 MA right before the short term support line.
Rinse and repeat type of trade here.
Rinse and repeat type of trade here.
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