DOTUSD - one more leg down - SHORT
Updated
DOTUSD remains in the downtrend.
A small pump to get rejected from the downsloping resistance line is still possible, however in our opinion one more leg down is coming. RSI has not been oversold yet.
The buy zone for the next bull market is between $4,70 and $3,50.
Don´t rush to buy.
Patience is a key
A small pump to get rejected from the downsloping resistance line is still possible, however in our opinion one more leg down is coming. RSI has not been oversold yet.
The buy zone for the next bull market is between $4,70 and $3,50.
Don´t rush to buy.
Patience is a key
Comment
Price can´t break above the downsloping resistance line. Still expecting more downsideComment
Good progress. DOT is bearish as crypto market is.Comment
The price still unable to break the resistance.Expecting $4 - $3,50 in the Q1 2023.
Trade active
$4,70 reached but still expecting the price to go lower.Trade active
The price didn't drop lower and it has bounced from our DCA support zone. Expecting more bullish momentum now.
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