DOT is in a steep ascending channel and shows a very bullish set of indicators after this latest pump today.
MACD and RSI are curving up and looking good for a nice continuation, however, we have this resistance at $25 which may prove a bit challenging at first try, so expect a reaction there in price.
Support is holding very well so far, no reason to think this will change in the nearby future as long as we stay in this channel. Bias is bullish and this remains so until we break under $19.
If you consider to enter DOT, better be patient to see if you can get a chance at around $20 near support. This may be unlikely however due to how bullish the market has become today. We have to see how price develops.
Higher levels are in sight for DOT. A great coin this year, if not one of the best plays.
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MACD and RSI are curving up and looking good for a nice continuation, however, we have this resistance at $25 which may prove a bit challenging at first try, so expect a reaction there in price.
Support is holding very well so far, no reason to think this will change in the nearby future as long as we stay in this channel. Bias is bullish and this remains so until we break under $19.
If you consider to enter DOT, better be patient to see if you can get a chance at around $20 near support. This may be unlikely however due to how bullish the market has become today. We have to see how price develops.
Higher levels are in sight for DOT. A great coin this year, if not one of the best plays.
Like and follow if you liked this idea! Also join my crypto community to stay in touch! 🚀
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