DOT / TetherUS

DOT/USDT interval 4h

329
Hi
We will look at DOT / USDT over a 4 hour period. As you can see in the chart, it created an uptrend channel and built higher lows and higher highs. We have current support from the so-called Fibretracement Gold Support 0.618 at $ 18.45. However, resistance comes at $ 19.28 and another $ 19.77.
Additionally, the MACD indicator shows how in the case of an earlier rebound, the blue line crossed the red line from the bottom, and now the blue line is approaching the red line from the top.
Please note that this is a short-term look at the 4H chart.

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