DOT is stuck between the blue and first red line, respectively at $6.27 and $8.56.
Upon breaking the first resistance line, I expect the price to easily touch $10.75. However, I expect pretty strong resistance there, because after this the bullish push to $16 is very clear.
So until then, please hold and wait for the break. I will update it in the comments section when this break (candle close) above $8.56 happens.
Upon breaking the first resistance line, I expect the price to easily touch $10.75. However, I expect pretty strong resistance there, because after this the bullish push to $16 is very clear.
So until then, please hold and wait for the break. I will update it in the comments section when this break (candle close) above $8.56 happens.
Note
Broken channel second time. This is not fakeout 
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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.