Hello, Skyrexains!
Looking at the dominance charts recently we predicted the altcoins run-up in the upcoming weeks and
DOTUSDT will definitely take part in this bounce.
Let's take a look at the daily chart. Here we cans see that impulse could be already finished. We have 5 waves, true divergence between waves 3 and 5. The only one thing is that price has not reached the wave 5 target area inside the green box. But momentum is already reversing and if we will see the third green column on Awesome Oscillator it's going to be the huge confirmation for reversal. It's difficult to say if this is bear market bottom or not, but the bounce to $6.5 is very likely in April.
Best regards,
Skyrexio Team
___________________________________________________________
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Looking at the dominance charts recently we predicted the altcoins run-up in the upcoming weeks and
DOTUSDT will definitely take part in this bounce. Let's take a look at the daily chart. Here we cans see that impulse could be already finished. We have 5 waves, true divergence between waves 3 and 5. The only one thing is that price has not reached the wave 5 target area inside the green box. But momentum is already reversing and if we will see the third green column on Awesome Oscillator it's going to be the huge confirmation for reversal. It's difficult to say if this is bear market bottom or not, but the bounce to $6.5 is very likely in April.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Related publications
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.