DOT again attacking resistance: New ATH or correction?
Hello traders
DOT today managed to rise again under the key resistance level around 10,5-10,6 USD. I see 3 scenarios, (keep in mind that everything depends mainly on BTC movements)
1. scenario - We break resistance and DOT will go for new ATH - It is hard to predict tp levels on ath levels, because no resistance there. If we break resistance, take profits piece by piece on the way up, do not be greedy
2. scenario - Price bounce back and we will see serious dump as the last time
3. scenario - DOT will be moving near/under resistance level
Keep in mind, that everything depends on BTC movement, but if BTC will go sideways, I think we can see new ATH soon for DOT.
This is just idea, not investment advice
What do you think? If you like analysis, I will appreciate like&subscribe
TRADE WITH BRAIN, NOT GREED
DOT today managed to rise again under the key resistance level around 10,5-10,6 USD. I see 3 scenarios, (keep in mind that everything depends mainly on BTC movements)
1. scenario - We break resistance and DOT will go for new ATH - It is hard to predict tp levels on ath levels, because no resistance there. If we break resistance, take profits piece by piece on the way up, do not be greedy
2. scenario - Price bounce back and we will see serious dump as the last time
3. scenario - DOT will be moving near/under resistance level
Keep in mind, that everything depends on BTC movement, but if BTC will go sideways, I think we can see new ATH soon for DOT.
This is just idea, not investment advice
What do you think? If you like analysis, I will appreciate like&subscribe
TRADE WITH BRAIN, NOT GREED