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Tag: #dot · 5 posts
Posted May 3
#DOT exhibiting a clear descending triangle pattern, characterized by lower highs (indicated by the descending trendline) and a relatively consistent support zone around the $3.95 to $4.00 range, which is highlighted by the grey box..🔥✅ Further, the sentiment seems cautious with a bearish bias unless the price manages to break above the descending trendline, which could invalidate the pattern and signal a bullish reversal.. 🔥✅😍👀✅🔥😳
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Posted Mar 28
#DOT price was previously in an uptrend but has recently broken below a key ascending trendline, signaling a potential bearish reversal.🔥✅👍 Further, The RSI (Relative Strength Index) is nearing oversold territory, indicating that a short-term bounce may be possible before the downtrend resumes. Traders should watch for confirmation signals such as rejection at resistance or increased selling pressure before entering bearish positions.🔥👍✅
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Posted Jan 5
#DOT has done trendline breakout and now it has tested the SR zone. It is looking favorable for a bullish move after testing the SR zone.🔥✅ Further,Monday market opening will decide next week move and stocks being bullish will eventually make crypto bullish .🔥✅😍👀✅🔥😳
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Posted Dec 25
#DOT has reclaimed its major support and tested the SR zone.On higher timeframes,It has tested the golden fib ratio which completes the HL.🔥✅ Further, this move indicates of the beginning of ALT season making new ATH .🔥✅😍👀✅🔥😳
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Posted Oct 29
#DOT has tested the lower range and took a reversal from it. Market is looking favorable for a bullish move as BTC has tested $71k zones. 🔥✅ Further, A bearish harmonic pattern is forming which indicates for a bullish till its d leg which lies on upper range.🔥✅😍👀✅🔥😳
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