DOT USDT 4H review

Updated
Hi everyone

price broke the main trend line for a while so we have two scenarios now:

scenario (1): price is already started upward pressure

scenario(2): price will break the orange line downward, drop one more time

hitting our strong support level before new bull trend

our strong support level is 14$, strong resistant level is 23.5$


Enjoy the market
Trade active
my scenario (1) is now more possible, remember below 17$ can turn to bear side
snapshot
Trade active
17$ support level is working well, so more upward pressure expected now
snapshot
Trade active
19.2 hit before correction trend still bullish unless close below 17$
snapshot
Trade active
first resistant level broke upward
snapshot
Trade active
next level 21.2 hit as expected. here can have correction but still is bullish
snapshot
Trade closed: target reached
all targets on my chart hit but if 23.5 resistant level breaks 25$ is in play
snapshot
Chart PatternsTrend Analysis

Related publications

Disclaimer