Hi guys, today we are analyzing DOT in Daily time frame.
As you can see that we had a strong resistant trend line which is broken by daily candles, we can expect a pull back to the broken trend line and then we have an important resistance level at $5.258.
It is important to break the major resistance level.
Also we can see that the trading volume is decreasing and it's a major point that shows weakness of the price action.
As you can see that we had a strong resistant trend line which is broken by daily candles, we can expect a pull back to the broken trend line and then we have an important resistance level at $5.258.
It is important to break the major resistance level.
Also we can see that the trading volume is decreasing and it's a major point that shows weakness of the price action.
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