DOT/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 32.165, 38.116, 39.000.
Key Support Levels: 26.302, 25.433, 24.500.
Daily Time Frame:
The price on the higher time frame failed to continue its move to the downside below the 26.171 USDT mark where it posted an engulfing bullish pattern. This could lead to a move higher and most probably to a reversal and change of direction.
DOT/USDT (Futures) Medium-Term Trend: Bullish
1-Hr Time Frame:
On the lower time frame, the price succeeded to break the bullish flag to the upside after finding bulls around the 50% Fibonacci retracement level. A lower correction could be seen to the highlighted zone before a new wave toward the target profits.
Buy Limit Order @ 29.144
TP 1 @ 32.058
TP 2 @ 38.116
Stop Loss @ 27.716
Trade Safely 🙂