DLT ANALYSIS (DOUBLE BOTTOM INCOMING)
DLT
DLT broke below the trend line and now in a bearish phase. DLT re-attempted the trend and 200ma but failed with a rejection, making a downside more plausible. I expect a further drop towards support and a double bottom in the right yellow circle. This would be a prime entry for a bottom and a push back to re-attempt the 200ma. The future outlook for DLT after the bottom is T1 at 560 sats. T2 comes in at 657 sats, and lastly T3 at 790 sats.
Possible Entries: 300-350 sats
DLT broke below the trend line and now in a bearish phase. DLT re-attempted the trend and 200ma but failed with a rejection, making a downside more plausible. I expect a further drop towards support and a double bottom in the right yellow circle. This would be a prime entry for a bottom and a push back to re-attempt the 200ma. The future outlook for DLT after the bottom is T1 at 560 sats. T2 comes in at 657 sats, and lastly T3 at 790 sats.
Possible Entries: 300-350 sats
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