Well, we have reached to brown box area in DOTUSDT. It’s a zone on the weekly timeframe, and I am expecting a correction or reversal movement. You can see the targets marked with white dashed lines. If the level is broken and the price stabilizes below it, I will conduct a new analysis.
Trade active
Looks like the analysis wasn't quite right, but the levels did respond well!
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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.