As we can see DOT has broken the previous ATH reaching a new high 46.97942541.
The retracement was expected, and we can see that the 0.618-0.5 Fib Ret acting as support (the previous resistance that was broken) at around 41-40 USD.
We know that in an uptrend after a new higher high is made, is expected a new higher low. We have seen the HL and now we expect the buyers to continue the trend up breaking or at less retesting the previous ATH.
The retracement was expected, and we can see that the 0.618-0.5 Fib Ret acting as support (the previous resistance that was broken) at around 41-40 USD.
We know that in an uptrend after a new higher high is made, is expected a new higher low. We have seen the HL and now we expect the buyers to continue the trend up breaking or at less retesting the previous ATH.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.