After an amazing few weeks of gains earlier this year, DOT has been consolidating for almost six weeks now. In the last two weeks, however, DOT appears to regain bullish momentum and even produced a new ATH recently. After yesterday's BTC sell-off, it might now be a prime moment to buy back in into DOT.
As seen on the chart, DOT has found support on one of the channel resistances (which now functions as support).
Happy trading!
As seen on the chart, DOT has found support on one of the channel resistances (which now functions as support).
Happy trading!
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