$DOT
DOT - History repeats.Rejections and Uptrend looks similar when zoomed out (Since Last FEB).
Scenario 1:
It might go further down between violet & Green Zones and gains up a huge volume (as the project has a great potential) - IMO
To keep an eye on the Volume Oscillators to understand its Oversold ranges.
Scenario 2 :
It might enter further bearish once it breaks the Violet and Yellow zones and picks up Volume to reach ATH.
The most likely would be scenario 1 - IMO
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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.