DOT's Bullish Trend Explained

9 באוג׳ 2021

Hi every one
DOT / TETHERUS

DOT/USDT started a bullish trend in an ascending channel. the price will range Between the Top and the Bottom of this channel for now. If you pay closer attention you can also see several bullish patterns as well (falling wedges and an ascending Triangle) .as you can see there is a Hidden Bullish Divergence (+HD) On MACD as well so there is more bullish chance for Dot rather than Bearish one. The Price can Reach 22.6$ pretty Easily right now (top of the channel),and After it a Correction should happen all the way to the bottom of the channel.

summery:
-DOT started a Bullish Trend
-It's ranging in an ascending channel.
-(+HD) on MACD so there is a Good Bullish sign.
-22.6$ can be reached easily.
-correction can happen after it pretty easily.

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