Dot has seen a 55% drop from ATH despite the parachain auction events. We are sitting on top of a strong support zone for now and in case it fails, we have the ultimate support zone which is really hard to fail for this cycle ( yes I'm assuming the BTC cycle is not over yet otherwise there is no point in trading alts anyway :)
Momentum is oversold, the only thing missing is a reversal candle print.
On the way back top, $39 will be a crucial level for S/R flip so TP and check for continuation / rejection if we ever get there.
Trade Safe!
Momentum is oversold, the only thing missing is a reversal candle print.
On the way back top, $39 will be a crucial level for S/R flip so TP and check for continuation / rejection if we ever get there.
Trade Safe!
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Levels working perfectly. Im in