Positioned for a prime breakout higher, however to achieve that mark, it needs to flip 2 essential resistances. Dot faces a turning point sort of resistance at 6.40-6.55 levels. The combination of horizontal and trendlines both meet here.
Stronghold above the trendline opens Dot towards 7.2 primarily followed by 7.60 and 8.40 next.
Decent support at 6.0 and 5.750 levels.
Stronghold above the trendline opens Dot towards 7.2 primarily followed by 7.60 and 8.40 next.
Decent support at 6.0 and 5.750 levels.
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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.