DOT / TetherUS

DOT Overview

559
Salaam

Here I share with you what I see in DOT.

After a long rise, DOT stopped making higher highs and made a rising flag instead.
After 30 days, DOT broke the rising flag to the downside, pulled back to the lower line, and still can't make a lower low.
It also broke the trend line 2 days ago.
The measured objective target of the rising flag is much lower about 14.5!

I have a sell position at 27.1 below the trend line.
Now it is confined by two levels, 28.5 and 25.7.
I'm waiting for DOT to close a 4h candle below or above the levels.
There is also divergence in RSI and stochastics indicators.

Good luck,

Here I marked DOT swings to show its movement more clear.
istantanea

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