DOT is a wonderful project which I adore. Unfortunately, I missed out the opportunity to buy the dip when it was around 10
In 4 hourly chart, the price is doing a rising wedge which usually is a sign, not always, of bearish reversal. The RSI is doing a lower high while price is doing higher high. Same goes to MACD. They are imprinting a bearish signs for DOT. Breaking the rising wedge will send the price down to 19, and then 17.
Otherwise, the possible price reversal can give holders to accumulate more. I maintain that the DOT is a very promising project and it should have a better pricing than this.
In 4 hourly chart, the price is doing a rising wedge which usually is a sign, not always, of bearish reversal. The RSI is doing a lower high while price is doing higher high. Same goes to MACD. They are imprinting a bearish signs for DOT. Breaking the rising wedge will send the price down to 19, and then 17.
Otherwise, the possible price reversal can give holders to accumulate more. I maintain that the DOT is a very promising project and it should have a better pricing than this.
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