DOT is approaching a major resistance area at 38-40. If we break and close above it, this could be a pretty safe trade.
The 1st target is 43.7 which is a previous resistance level in confluence with the 78.6% of the fib. Then we have ATH at 46, then 48, and finally 62 (1.618 of the fib).
Support levels are 34-35 and 31.
Any questions?
Good luck traders
Remember not to break you rules
Habib
The 1st target is 43.7 which is a previous resistance level in confluence with the 78.6% of the fib. Then we have ATH at 46, then 48, and finally 62 (1.618 of the fib).
Support levels are 34-35 and 31.
Any questions?
Good luck traders
Remember not to break you rules
Habib
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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.
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.