$DOT At A Key Decision Point ... Recovery Is Testing Resistance
#DOT has recovered strongly from the $1.08 area after a long period of selling pressure
Price is now back around $1.16 and testing the previous breakdown area
$1.16 - $1.18 is the main resistance zone to watch
A clean break above $1.18 can confirm a bullish recovery towards $1.20 and $1.25
But rejection from this area can bring a pullback towards $1.12 - $1.10
So this is an important level before the next move
Trade Setup
Entry: Above $1.18 breakout
TP1: $1.20
TP2: $1.23
TP3: $1.25
SL: Below $1.12
Must use stop loss while trading
Trade on
$ZEC
$DEXE
#DOT has recovered strongly from the $1.08 area after a long period of selling pressure
Price is now back around $1.16 and testing the previous breakdown area
$1.16 - $1.18 is the main resistance zone to watch
A clean break above $1.18 can confirm a bullish recovery towards $1.20 and $1.25
But rejection from this area can bring a pullback towards $1.12 - $1.10
So this is an important level before the next move
Trade Setup
Entry: Above $1.18 breakout
TP1: $1.20
TP2: $1.23
TP3: $1.25
SL: Below $1.12
Must use stop loss while trading
Trade on
$ZEC
$DEXE
