Dot's Movement Prediction

Dot is in a Descending Parallel channel which means the Price is gonna keep Decreasing For now! This chart and Info are Provided by our Sponsor WHITEBIT Exchange. Please Check their Exchange Using the link down below.So as you can see the Price has been in a Pretty Big Descending Parallel channel and No break out has accrued yet! So This basically means the Price will Decrease for now and there is a little chance for Bulls to take The Trend.Right now the Price is at the middle of the channel. the odds of reaching the Bottom channel is Higher Than doing a Break out but in any case the Price shall either reach 4.8 (bearish) or 10 (Bullish)

-Dot is in a Descending Parallel channel
-No break out
-Trend will remain Bearish
-low chance for Bulls
-4.8 in bearish case
-10 in bullish case

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Thank you for seeing idea .
Have a nice day and Good luck