Hi,
Let's check the DOT / USDT chart on the 4H interval. At the beginning, let's pay attention to the MACD indicator, you can see that the blue line is above the red one, which confirms our local upward trend marked by the blue line. It is also worth paying attention to the CHOP indicator which shows that we are slowly recovering energy.
Let's move on to determining the short-term support, you can see that the first support is at $ 19.78 over which the DOT is currently priced, the next support is at $ 19.45 and another at $ 19.18.
It is now worth paying attention to the resistance that we have to overcome in the near future, the first one is at the price of $ 19.99, the next one is at $ 20.59 and the next one is at $ 21.23.
Let's check the DOT / USDT chart on the 4H interval. At the beginning, let's pay attention to the MACD indicator, you can see that the blue line is above the red one, which confirms our local upward trend marked by the blue line. It is also worth paying attention to the CHOP indicator which shows that we are slowly recovering energy.
Let's move on to determining the short-term support, you can see that the first support is at $ 19.78 over which the DOT is currently priced, the next support is at $ 19.45 and another at $ 19.18.
It is now worth paying attention to the resistance that we have to overcome in the near future, the first one is at the price of $ 19.99, the next one is at $ 20.59 and the next one is at $ 21.23.