DOT / TetherUSLong
DOT UPDATE
DOT
Support 618 FIB on both the weekly and the daily. I see price breaking the resistance at 32 usdt and price hitting the 382 extension at around 40 USDT. In the last 2 weeks, we have breached the previous week's highs. Expect to see sell walls at around the 10% extension with the pull back on the daily as low as the 618 retracement.
Technical Indicators
Support at 618 FIB Retracement weekly chart
Support at 618 FIB Retracement Daily chart
RSI: Bottomed out on the weekly.
20 EMA Currently sat on it with Bollinger bands starting to narrow.
Bias
Bullish
Support 618 FIB on both the weekly and the daily. I see price breaking the resistance at 32 usdt and price hitting the 382 extension at around 40 USDT. In the last 2 weeks, we have breached the previous week's highs. Expect to see sell walls at around the 10% extension with the pull back on the daily as low as the 618 retracement.
Technical Indicators
Support at 618 FIB Retracement weekly chart
Support at 618 FIB Retracement Daily chart
RSI: Bottomed out on the weekly.
20 EMA Currently sat on it with Bollinger bands starting to narrow.
Bias
Bullish
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