DOTUSDT
Hi everyone!
DOT currently trading a key level.
If mange to close above $16. On the daily we could see it retracing to retest the $20 and $25 level. If failing to do so we could see a flash drop to the $11- $14 where Is a strong buying zone and previously has been confirmed by buyers a good price of entry.
RSI is in the over sold area.
ALWAYS look for extra confirmation before making any trade.
Happy trading people
(No financial advice)
DISCLAIMER
The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research DYOR. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
DOT currently trading a key level.
If mange to close above $16. On the daily we could see it retracing to retest the $20 and $25 level. If failing to do so we could see a flash drop to the $11- $14 where Is a strong buying zone and previously has been confirmed by buyers a good price of entry.
RSI is in the over sold area.
ALWAYS look for extra confirmation before making any trade.
Happy trading people
(No financial advice)
DISCLAIMER
The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research DYOR. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
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