Welcome to this quick DOT/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for trade:- As we can see in the above-mentioned chart that DOT rejected the triangle resistance level.
Currently, DOT is trading near the support zone which is a $9.10 area.
We can add some DOT near this level with SL.
The resistance is $9.90 - $10.00 area.
A break above will dice the next move.
Candle close below the lower trend line support will be the invalidation point of this chart analysis.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
I have tried my best to bring the best possible outcome in this chart.
Reason for trade:- As we can see in the above-mentioned chart that DOT rejected the triangle resistance level.
Currently, DOT is trading near the support zone which is a $9.10 area.
We can add some DOT near this level with SL.
The resistance is $9.90 - $10.00 area.
A break above will dice the next move.
Candle close below the lower trend line support will be the invalidation point of this chart analysis.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
