DOT is approaching a major resistance area at 38-40. If we break and close above it, this could be a pretty safe trade.
The 1st target is 43.7 which is a previous resistance level in confluence with the 78.6% of the fib. Then we have ATH at 46, then 48, and finally 62 (1.618 of the fib).
Support levels are 34-35 and 31.
Any questions?
Good luck traders
Remember not to break you rules
Habib
The 1st target is 43.7 which is a previous resistance level in confluence with the 78.6% of the fib. Then we have ATH at 46, then 48, and finally 62 (1.618 of the fib).
Support levels are 34-35 and 31.
Any questions?
Good luck traders
Remember not to break you rules
Habib