Dot could go up a lot if it breaks this level! 🤑🚀

On the Dot we can see that the price has been in a local consolidation for 8 days, the last attempt to close higher failed and the Dot has corrected to the middle of the consolidation.
At this point, the price may try to go higher again and get out of this consolidation, but it could also pick up stop losses below and possibly move up from there!
If Dot manages to break this resistance level, close higher and test it as support, this could be the best area to buy with the targets above.
I expect the best opportunities to enter the market now!

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade

Commentaire:

After the publication of the idea, the price rebounded from the level of $15.2, but still, it failed to get to the upper boundary of this consolidation, Dot broke through the level of $15.2 and came to the area marked below. Now it is not known whether liquidity will be enough to buy in this area or the price will go even lower!