DOT/USDT 4HInterval Resistance and Support
Hello everyone, let's look at the DOT to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $6.89, if the support is broken then the next support is $6.65 and $6.31.
Now let's go from the resistance line, as you can see the first resistance is $7.18, if we break it, the next resistance will be $7.32, then we have a strong zone from $7.43 to $7.54 when price breaks it next resistance it's $7.70.
Looking at the CHOP indicator, we see that there is still energy to continue the move, the MACD confirms the ongoing downtrend, while the RSI has a significant rebound and we are approaching the lower limit of the range
Let's start with the support line and as you can see the first support in the near future is $6.89, if the support is broken then the next support is $6.65 and $6.31.
Now let's go from the resistance line, as you can see the first resistance is $7.18, if we break it, the next resistance will be $7.32, then we have a strong zone from $7.43 to $7.54 when price breaks it next resistance it's $7.70.
Looking at the CHOP indicator, we see that there is still energy to continue the move, the MACD confirms the ongoing downtrend, while the RSI has a significant rebound and we are approaching the lower limit of the range
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.