DOTLong
Polkdaot In Clear Trading Range
DOTUSD is so new that technical analysis is more difficult.
What we can see so far is a clear upper and lower level on the 1-day chart suggesting support and resistance.
A break below would suggest a big dip in price.
A break above will indicate a new rally beginning.
MACD is pushing up and about to cross the zero level which suggests positive momentum building into the trend.
With a 40% gain from today's price up to the resistance level, longer term looking traders and investors will be accumulating DOT as part of a diversified portfolio so as not to miss out on current prices.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
What we can see so far is a clear upper and lower level on the 1-day chart suggesting support and resistance.
A break below would suggest a big dip in price.
A break above will indicate a new rally beginning.
MACD is pushing up and about to cross the zero level which suggests positive momentum building into the trend.
With a 40% gain from today's price up to the resistance level, longer term looking traders and investors will be accumulating DOT as part of a diversified portfolio so as not to miss out on current prices.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.