Hello every one
DOT / TETHERUS
DOT has been Declined By It's Bearish Trend Line Multiple Times ( The Dynamic Resistance) and Was Not Able To Break it and Become Bullish Since It's ATH. There is also Hidden Bearish Divergence (-HD) on Both MACD and RSI Indicators as well Which Tells of yet another Bearish Movement. But The Price has been in a Small Ascending Triangle and Now The Break out Required For Bullish Movement has already happened and the bullish Movement has happened Too But It wasn't Strong Enough To break the Dynamic Resistance. So we are Expecting a Pullback From The Trend line The Top of the Ascending Triangle which is a Great Support for DOT (Around 19-20$) and than It will be Finally able to Break the Dynamic resistance and Start a New Bullish Trend From There. The First Resistance after Break out Is around 23$ which is shown on the Picture.
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Thank you for seeing idea .
Have a nice day and Good luck
DOT / TETHERUS
DOT has been Declined By It's Bearish Trend Line Multiple Times ( The Dynamic Resistance) and Was Not Able To Break it and Become Bullish Since It's ATH. There is also Hidden Bearish Divergence (-HD) on Both MACD and RSI Indicators as well Which Tells of yet another Bearish Movement. But The Price has been in a Small Ascending Triangle and Now The Break out Required For Bullish Movement has already happened and the bullish Movement has happened Too But It wasn't Strong Enough To break the Dynamic Resistance. So we are Expecting a Pullback From The Trend line The Top of the Ascending Triangle which is a Great Support for DOT (Around 19-20$) and than It will be Finally able to Break the Dynamic resistance and Start a New Bullish Trend From There. The First Resistance after Break out Is around 23$ which is shown on the Picture.
_________________________________________________
Thank you for seeing idea .
Have a nice day and Good luck
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🌎Social Media links :
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🤍Trade where I Trade:
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