Technical analysis by SasanSeifi about Symbol DOT: Buy recommendation (11/14/2024)

Hey there, ✌ The price entered an uptrend phase from the $3.70 range and, following the breakout of the descending trendline on the daily timeframe, has shown a significant increase, reaching $5.70. Currently, after this upward movement, the price has faced a slight correction and has returned to the broken $5 level. Given the overall market conditions, the outlook remains more bullish. It is expected that after this pullback, the price will likely continue its significant upward movement towards the $6 and $6.50 levels. The price ranges of $5 and $4.50 – $4.20 can be considered key reversal zones. If a bullish candlestick pattern is observed and confirmed, there is a high possibility of positive price fluctuations.💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!Happy trading!✌😎Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌