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DOT long potential
DOT / TetherUS
Long
DOT long potential
By JasCracker
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Dec 14, 2021
3
Dec 14, 2021
Not financial advice, I'm a nooby.
At the moment, DOT is sitting on a strong support. Many bullish order blocks touched his support, we might see another one.
Also, wih the MACD indicator, we can tell that the momentum is strong, wich means that a trend reversal at support is very plausible.
However, if the support doesn't hold, we might see 10$ DOT.
I think we can see a nice 40% to the upside, but DOT has to surpass the 21 days EMA.
If the 40% move to the upside occurs, we'll face a bearish orderblock, so the price might reverse back down.
Technical Indicators
Trend Analysis
JasCracker
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