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Technical analysis by f-73 about Symbol DOT: Buy recommendation (6/24/2022)

https://sahmeto.com/message/2735426
f-73
f-73
Rank: 30764
0.8
Buy،Technical،f-73

DOT trying to escape a falling wedge and seeemingly rounding a bottom.Red TD count 11 already. Flattening RSI and MACD.Cannot rule out a further wick down, but looks fair to me.* TP #1 close to 17$ mark (> 2x)* TP #2 close to 25$ mark (> 3x, depends on BTC outcome, to be re-evaluated)Estimated 3-6 months.To be re-evaluated.Bullish divergence on RSIAll that's needed now is a collaborative Bitcoin.Still diverging, awaiting impulse.gtg.Moving.DOT Trying to paint the first candle of a TD green count since march.To be evaluated at weekly close, given Bitcoin is currently at a very critical junction.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$8.09
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