DOT/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 22.441, 22.824, 23.162.
Key Support Levels: 21.825, 21.485, 21.207.
1-Hr Time Frame:
The price on the higher time frame succeeded to break the bearish trendline to the upside after finding buyers below the support level around the 21.80 USDT mark. This could lead to a move higher in the coming hours.
DOT/USDT (Futures) Medium-Term Trend: Bullish
5-Mins Time Frame:
On the lower time frame, the buyers managed to break the previous resistance (now support) around the 21.833 USDT mark where higher lows has been posted. A lower correction could be seen before a new bullish impulsive wave toward the target profits.
Buy Limit Order @ 21.871
TP 1 @ 22.441
TP 2 @ 22.824
Stop Loss @ 21.595
Trade Safely 🙂