In the last 8 weeks DOT gained more than 7x's, what a crazy rally! At the moment, looking on the chart, we see a nice bulish penant flag. Also we can notice a strong support maintained above 21 EMA since end of december. It's a high probability that it's going to breakout, and if so my target is set to 60 usdt. If it breaks down, then first area to be tested it's...
Big pullback from all time high, about 55 %. Consolidation above previous support - 22.50 usd . Last 3 days closed on top of the 7/10 MA. Also we have a MACD crossover on daily timeframe, which indicates that previous trend it's changing. If we manage to breakout and close above the resistance area, we could reach first target - 35.52 usd, ( golden's fibonacci...
