DOT reached the depths of $10, and everyone gasped in awe. Now, the price has returned to median levels. With the rounding formation at the bottom, DOT taunts a parabolic move. We might be stuck in the range of 20 - 25 for a while. If the price dips near 20, I won't hesitate to buy the dip. However, if we don't dip near that level, I will wait to open a safe trade above 27.4. MA50 & EMA50 are acting as clusters of support near the rising parabola of the bowl-shaped formation. MACD suggests the possibility of ranging here for a while. Entering a trade at either 20 or 27.4 offers a decent R/R. Make sure you wait for the candles to close near these levels to confirm your plan.
註釋
I am waiting for a retest of the red line.
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