There are good news and bad news about DOT.
DOT sits on strong support which was held 3 times before. And also we sit on the rising channel which we following from $10.
However, it spent so much energy to come up to here. Rate Of Change (ROC) is over 25 right now. You guys can check what happened before when it came up around this level. and also RSI shows us negative divergence on the daily chart.
%3 is most important now. if DOT breaks down %3 from now ($27), I am bearish till $24. Else we have a long way to $40.
Don't lose your hard-earned money easily
DOT sits on strong support which was held 3 times before. And also we sit on the rising channel which we following from $10.
However, it spent so much energy to come up to here. Rate Of Change (ROC) is over 25 right now. You guys can check what happened before when it came up around this level. and also RSI shows us negative divergence on the daily chart.
%3 is most important now. if DOT breaks down %3 from now ($27), I am bearish till $24. Else we have a long way to $40.
Don't lose your hard-earned money easily