Stoic-Trader

DOT - No clear direction

BINANCE:DOTUSDT   DOT / TetherUS

We had a false breakout above green resistance, which was quickly brought down by bears. Strong support at 5.70-5.80 is holding the price for the time being, and this is crucial for bullish hopes.

There are several wave scenarios that could be applied to this, but for now I'm keeping my previous count, with an adjustment for blue wave 2/B.

Invalidates below 5.150.

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