DOTUSDT is testing the 0.886 Fibonacci Level

DOT / TetherUS BINANCE:DOTUSDT

plancton0618

The price got a rejection from 23.37 where the price created a double top on it.
the 23$ Area is the main resistance for DOT.

On the 4h Timeframe, the price is testing the 0.886 Fibonacci level on the daily support.

How to approach?
The price needs to flip the 4h resistance on 18$ and confirm the flip. If the price is going to satisfy our rules, we could see a pullback until the weekly resistance on 19$

You might be interested in …

Trading View May 1, 2022

XRP friends are you bullish

XRP friends are you bullish XRP / TetherUS BINANCE:XRPUSDT Ahmed_Alshammari here we go to a new trade after bloody market i hope everyone can make profit

Trading View May 5, 2022

BTC : Wedge is break

BTC : Wedge is break Bitcoin / TetherUS BINANCE:BTCUSDT mohabatpoor Hi every body Wedge is breake Wave 1 is finish Wave 2 start and it should at least see 41000$ (33% wave 1) R2:41000 R3:42500 […]

Trading View June 2, 2022

BITCOIN – Possibilities are Increasing

Bitcoin – Possibilities are Increasing Bitcoin / Dollar BITFINEX:BTCUSD FX_Professor 30,000 Level has Hold and Bitcoin is REFUSING to drop below 30,000 We wouldn’t be surprised if a positive NFP on Friday can restore some […]