Dot has always been one of my favorite projects, so I am a bit biased. Dot works to solve many of ethereum's problems, including long-term scaling and security solutions.
Dot/Eth has been caught in a descending wedge pattern for 6 months. Notice how the RSI indicator has retained support near 30 and has even formed higher highs. This is showing a positive divergence to the chart.
Assuming that the descending wedge pattern breaks to the upside, the initial target would be ~0.01Dot/Eth.
Dot/Eth has been caught in a descending wedge pattern for 6 months. Notice how the RSI indicator has retained support near 30 and has even formed higher highs. This is showing a positive divergence to the chart.
Assuming that the descending wedge pattern breaks to the upside, the initial target would be ~0.01Dot/Eth.
Nota
it looks like a false breakdown may have occurred on the DOT/ETH pair. DOT is recovering quickly. If so, DOT could rocket higher in the coming months. Patience.
Nota
Descending wedge has broke out on the daily. Lets see if it has legs.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.