DOTUSDT ! Testing the support zone. Uprend. What's next?👾

16 Ağu 2022

DOTUSDT - we have an upward price channel on the chart. Earlier (August 10), the price tested the resistance of the channel and since then a correction is forming, which reaches the support. The price makes a false break and forms a consolidation in the long zone.

On the chart, we see an uptrend. An upward price channel and a support zone that price reacts to quite logically.

I assume that if the price can consolidate in the long zone, above the support zone of the price channel, there is every chance for growth. The short-term target is resistance at 9.65. The medium-term target is the liquidity zone and resistance of 10.79 (22.5% movement).

Regards R. Linda!