DOT / TetherUS

DOT - false breakdown?

811
Hello, everyone!

Now it's time to make an update on DOTUSDT. We can see the upward trend channed which market maker used for the manipulations.

There are 2 fake outs: one to the down and one to the upside. Now the price broke the support line again. I suppose if the price will be able to re-enter the channel we can see the scenario on the chart. But now it's bearish and we need a confirmation that the price have an intention to re-enter inside the channel.

Best regards, Ivan

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