Retest and Go๐ซฐ
Hi everyone,
I hope you are doing well.
Yesterday we talked about how DOTUSDT was doing a Flip pattern by retesting the last resistance as support.
Today was a really bullish day as it did what we analyzed and agreed on yesterday on TradingView.
In short, I expect the price to pull back to the last support, the same one that it bounced from. The reason is that the price just removed the liquidity that was accumulated in the last high.
If we consolidate at the resistance that we are in right now, then I expect a rally to the upside.
So we basically have 2 scenarios that we might expect until the end of the week.
Please comment if you have any questions, I will try my best to answer them.
Thank you๐
I hope you are doing well.
Yesterday we talked about how DOTUSDT was doing a Flip pattern by retesting the last resistance as support.
Today was a really bullish day as it did what we analyzed and agreed on yesterday on TradingView.
In short, I expect the price to pull back to the last support, the same one that it bounced from. The reason is that the price just removed the liquidity that was accumulated in the last high.
If we consolidate at the resistance that we are in right now, then I expect a rally to the upside.
So we basically have 2 scenarios that we might expect until the end of the week.
Please comment if you have any questions, I will try my best to answer them.
Thank you๐
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