always aim to get more
DOT is a wonderful project which I adore. Unfortunately, I missed out the opportunity to buy the dip when it was around 10
In 4 hourly chart, the price is doing a rising wedge which usually is a sign, not always, of bearish reversal. The RSI is doing a lower high while price is doing higher high. Same goes to MACD. They are imprinting a bearish signs for DOT. Breaking the rising wedge will send the price down to 19, and then 17.
Otherwise, the possible price reversal can give holders to accumulate more. I maintain that the DOT is a very promising project and it should have a better pricing than this.
In 4 hourly chart, the price is doing a rising wedge which usually is a sign, not always, of bearish reversal. The RSI is doing a lower high while price is doing higher high. Same goes to MACD. They are imprinting a bearish signs for DOT. Breaking the rising wedge will send the price down to 19, and then 17.
Otherwise, the possible price reversal can give holders to accumulate more. I maintain that the DOT is a very promising project and it should have a better pricing than this.
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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.