DOT - 6h. Global Triangle and Test $39

Mar 25, 2021

Quite unexpectedly, the DOT market fell by 20% in a few hours. Given its strength and prospects for continued growth, as well as consolidation in the triangle, the sharp downpour of this coin did not stop even in the liquid range of $32-33. We wrote about this range in the previous idea:

However, it is too early to talk about the continuation of the global fall in the price of DOT. As you can see in the chart, the price stopped at the same place as on February 23:

Therefore, if buyers manage to keep the range of $28-29, we will expect a new wave of growth to $39.

The alternative scenario is clearly shown in our global idea:

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Apr 1, 2021

Trade closed: target reached