DOT On Them Bearish or Bullish Vibes...?
y Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
Note: This is not financial advice, nor am I a financial advisor. Therefore, my analysis should be taken with a grain of salt.
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ANALYSIS:
DOT 9EMA is flirting w/ hitting the downside, which means DOT may test VWAP for price validation. If there is no VWAP bounce, continuation to the downside for lower support footing @ $5.00 region. $5.27 has also been a key area of resistance for DOT, so if support is not confirmed selling pressure could hit, which would fit the narrative of a $5.00 support region re-test. Also, keep in mind if BTC gets ballzy and breaks ATH , we could see a minor dip in Alts till BTC cools off.
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
Note: This is not financial advice, nor am I a financial advisor. Therefore, my analysis should be taken with a grain of salt.
-----------------------------------------------------------------------------------------------------------------------------------------------------
ANALYSIS:
DOT 9EMA is flirting w/ hitting the downside, which means DOT may test VWAP for price validation. If there is no VWAP bounce, continuation to the downside for lower support footing @ $5.00 region. $5.27 has also been a key area of resistance for DOT, so if support is not confirmed selling pressure could hit, which would fit the narrative of a $5.00 support region re-test. Also, keep in mind if BTC gets ballzy and breaks ATH , we could see a minor dip in Alts till BTC cools off.